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Arts, Culture, Humanities : Museums (Grantmaking)

Science Museum of Virginia Foundation

Enriching lives through science

three stars

89.15

2500 West Broad Street Richmond, VA 23220
tel: (804) 864-1400   Web Site
EIN: 23-7185836

Board Leadership
Stephen T. Holdych
President

CEO
Kinsey Peeler
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 89.15 three stars
  Financial 89.32 three stars
  Accountability & Transparency 89.00 three stars
This rating was published 06/01/2020 and includes data from FY2019, the most recent 990 received at that time.

The Science Museum of Virginia Foundation's mission is to inspire Virginians to enrich their lives through science. The Museum is a catalyst for inspiration, a place that sparks curiosity, encourages discovery and generates ideas in science, technology, engineering and math. The Museum features permanent hands-on exhibits about wellness, innovation and speed—to name a few—and hosts touring exhibitions from around the world. At 76 feet, The Dome theater is the largest screen in Virginia and provides guests with the ultimate "you are there" experience. The Museum also hosts hundreds of special events throughout the year, such as overnight adventures, talks and summer camps.

The Science Museum of Virginia Foundation's mission is to inspire Virginians to enrich their lives through science. The Museum is a catalyst for inspiration, a place that sparks curiosity, encourages discovery and generates ideas in science, technology, engineering and math. The Museum features permanent hands-on exhibits about wellness, innovation and speed—to name a few—and hosts touring exhibitions from around the world. At 76 feet, The Dome theater is the largest screen in Virginia and provides guests with the ultimate "you are there" experience. The Museum also hosts hundreds of special events throughout the year, such as overnight adventures, talks and summer camps.

Impact Information

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Financial

three stars

89.32

Accountability & Transparency

three stars

89.00

This rating was published 06/01/2020 and includes data from FY2019, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
83.7%
  Administrative Expenses 6.1%
  Fundraising Expenses 10.1%
  Fundraising Efficiency $0.21
  Working Capital Ratio (years) 2.80
  Program Expenses Growth 5.2%
  Liabilities to Assets 3.9%
All data for Financial Performance Metrics calculations was provided by Science Museum of Virginia Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Science Museum of Virginia Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Science Museum of Virginia Foundation (VA) 89.15 three stars
Discovery Place (NC) 90.80 four stars
Liberty Science Center (NJ) 91.88 four stars
Orlando Science Center (FL) 90.47 four stars
Discovery Center of Springfield (MO) 85.38 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,919,734
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $13,798
   Related Organizations $0
   Government Grants $17,525
Total Contributions $1,951,057
   Program Service Revenue $745,080
Total Primary Revenue $2,696,137
   Other Revenue $434,538
TOTAL REVENUE $3,130,675
   
EXPENSES  
   Program Expenses $3,474,265
   Administrative Expenses $317,396
   Fundraising Expenses $640,066
TOTAL FUNCTIONAL EXPENSES $4,431,727
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-1,301,052
   
Net Assets $22,020,454

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
New Exhibit Purchase and Maintenance $1,457,056 41.9%
Museum Operating Support $1,291,242 37.2%
Educational Programming and Outreach $452,677 13.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-06 06/01/2020 89.15 three stars
2018-06 04/01/2020 90.39 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 23-7185836
Name in IRS Master File SCIENCE MUSEUM OF VIRGINIA FOUNDATION INCORPORATED
NTEE Code A50
NTEE Classification Museum, Museum Activities
NTEE Type Arts, Culture and Humanities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (59) Other school related activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date August, 1972
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2018
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
Compensation % of Expenses Paid to Title
$108,416 2.44% Kinsey Peeler Executive Director
Other Salaries of Note
$127,161 2.86% Judy Harris Campaign Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Science Museum of Virginia Foundation (VA) 89.15 three stars
The Computer History Museum (CA) 90.36 four stars
Science Center of Iowa (IA) 85.84 three stars
Discovery World (WI) 90.71 four stars
Science Museum of Minnesota (MN) 86.93 three stars

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Charity Contact Info

Science Museum of Virginia Foundation
2500 West Broad Street
Richmond, VA 23220
tel: (804) 864-1400
EIN: 23-7185836

Visit Web Site

Board Leadership

Stephen T. Holdych
President

CEO

Kinsey Peeler
Executive Director

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