Association For The Preservation Of Virginia Antiquities, operating under the name Preservation Virginia, is located in Richmond, VA. The organization was established in 1941. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Preservation Virginia employed 146 individuals. This organization is the central organization for a national or regional group of organizations. Preservation Virginia is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Preservation Virginia generated $5.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $4.6m during the year ending 06/2021. While expenses have increased by 2.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESERVE, PROMOTE AND SERVE AS AN ADVOCATE FOR VIRGINIA'S IRREPLACEABLE HISTORIC PLACES FOR CULTURAL, ECONOMIC AND EDUCATIONAL BENEFITS FOR EVERYONE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STATEWIDE PRESERVATIONHISTORY & MISSION: THE ASSOCIATION FOR THE PRESERVATION OF VIRGINIA ANTIQUITIES D/B/A PRESERVATION VIRGINIA, A PRIVATE NON-PROFIT ORGANIZATION AND STATEWIDE HISTORIC PRESERVATION LEADER FOUNDED IN 1889, IS DEDICATED TO INSPIRING AND ENGAGING THE PUBLIC IN FOSTERING, SUPPORTING AND SUSTAINING VIRGINIA'S HISTORIC PLACES THROUGH LEADERSHIP IN ADVOCACY, EDUCATION, REVITALIZATION AND STEWARDSHIP. IN PURSUING THIS MISSION, WE ENVISION A FUTURE IN WHICH PEOPLE SEEK A MORE COMPLETE AND MORE INCLUSIVE UNDERSTANDING OF THE PAST, VALUE THE CONNECTIONS BETWEEN PEOPLE AND PLACES, AND SUPPORT THE PROTECTION OF PLACES WHERE HISTORY HAPPENED.STATEWIDE PROGRAMS AND SERVICES: PRESERVATION VIRGINIA'S STRATEGIC PLAN'S GOAL IS TO MAKE A DIFFERENCE BY WORKING WITHIN THE ORGANIZATION AND WITH COLLABORATORS AND ALLIES TO ENSURE THAT VIRGINIA'S HISTORIC PLACES REFLECT THE DIVERSITY OF PERSPECTIVES ABOUT THAT HISTORY. THROUGH THE PROMOTION OF MODEL PROGRAMS AND BEST PRACTICES, WE SEEK TO SUPPORT THE WORK OF OTHER INDIVIDUALS AND ORGANIZATIONS TO SHARE HONEST AND TRUTHFUL STORIES OF THE PAST. THROUGH 1) ETHICAL AND STRATEGIC DECISION MAKING; 2) ENSURING FINANCIAL SUSTAINABILITY; 3) EXPANDING THE KNOWLEDGE BASE AND 4) THROUGH DIRECT ACTION AND COLLABORATION WITH DIVERSE RANGE OF PARTNERS AND ALLIES, PRESERVATION VIRGINIA SEEKS TO INCREASE RECOGNITION FOR THE VALUE OF HISTORY AND HISTORIC PRESERVATION.HERITAGE TOURISM - PRESERVATION VIRGINIA PROVIDES INTERPRETIVE AND EDUCATIONAL PROGRAMMING AT HISTORIC JAMESTOWNE, SCOTCHTOWN, THE HANOVER COUNTY HOME OF PATRICK HENRY, REVOLUTIONARY SPOKESMAN AND FIRST VIRGINIA GOVERNOR; THE HOME OF CHIEF JUSTICE JOHN MARSHALL IN RICHMOND; BACON'S CASTLE, VIRGINIA'S OLDEST DATABLE BRICK RESIDENCE IN SURRY; AND THE OLD CAPE HENRY LIGHTHOUSE, THE FIRST FEDERAL PUBLIC WORKS PROJECT UNDER PRESIDENT WASHINGTON, IN VIRGINIA BEACH. OF THE CURRENT PROPERTIES, SIX ARE DESIGNATED AS NATIONAL HISTORIC LANDMARKS AND OTHER ARE VIRGINIA OR NATIONAL REGISTER PROPERTIES.SHARING RESOURCES - ALONG WITH INTERPRETIVE PROGRAMS, PRESERVATION VIRGINIA PROVIDES EDUCATIONAL OFFERINGS FOR PRESERVATION/MUSEUM PROFESSIONALS AND VOLUNTEERS, AS WELL AS OWNERS OF HISTORIC PROPERTIES. PRESERVATION VIRGINIA PROVIDES TECHNICAL ASSISTANCE TO INDIVIDUALS AND COMMUNITY GROUPS ABOUT MATERIALS, TECHNIQUES AND STRATEGIES TO ENSURE THE PRESERVATION OF HISTORIC STRUCTURES, LANDSCAPES, ARCHAEOLOGICAL SITES AND NEIGHBORHOODS. WE SPONSOR WORKSHOPS, CONFERENCES, WEBINARS AND POST EDUCATIONAL BLOGS TO GROW AWARENESS AND CAPACITY. WE ANNOUNCE AN ANNUAL LIST OF ENDANGERED SITES AND SUPPORT COMMUNITIES IN THEIR EFFORTS TO PROTECT THE DIVERSITY OF VIRGINIA'S HISTORIC PLACES. PRESERVATION VIRGINIA UNDERTAKES ECONOMIC IMPACT STUDIES OF HERITAGE TOURISM, HISTORIC TAX CREDITS AND OTHER INITIATIVES TO HELP COMMUNITIES MAKE THE CASE FOR PRESERVING HISTORIC PLACES AND DEPLOYING HISTORIC PRESERVATION TOOLS. OUR PRESERVATION INITIATIVES DEPARTMENT HELPS LOCAL COMMUNITIES DEVELOP STRATEGIES. WITH THOSE PARTNERS, WE FORM COALITIONS AND NETWORKS TO GROW AWARENESS OF SOLUTIONS THAT WILL PRESERVE HISTORIC PLACES WHILE ALLOWING FOR GROWTH. ORGANIZATION: GOVERNED BY A VOLUNTEER BOARD OF TRUSTEES, PRESERVATION VIRGINIA IS MANAGED BY A PROFESSIONAL STAFF BASED IN RICHMOND, AT HISTORIC JAMESTOWNE, AND IN DANVILLE. PRESERVATION VIRGINIA HAS ALMOST 3000 MEMBER HOUSEHOLDS ACROSS THE COMMONWEALTH OF VIRGINIA AND THE NATION. IN ADDITION, HUNDREDS OF VOLUNTEERS HELP SUPPORT PROPERTIES AND EDUCATIONAL PROGRAMS IN THEIR COMMUNITIES AND ON BEHALF OF PRESERVATION VIRGINIA.ECONOMIC & EDUCATIONAL BENEFITS: ANNUALLY, NEARLY 550,000 INDIVIDUALS PARTICIPATED IN PRESERVATION VIRGINIA PROGRAMS ACROSS THE COMMONWEALTH. THIS PROVIDES ECONOMIC BENEFITS BY SUPPORTING VIRGINIA'S HERITAGE TOURISM INDUSTRY AND PROMOTING HISTORIC PRESERVATION AS AN ECONOMIC DRIVER. OUR WORK WITH A DIVERSE GROUP OF ALLIES HELPS INCREASE LOCAL EFFORTS AND IMPACT. A GROWING STATEWIDE EDUCATION INITIATIVE THROUGH IN-PERSON AND VIRTUAL PROGRAMS IS REACHING TENS OF THOUSANDS OF STUDENTS, LIFELONG LEARNERS, COMMUNITY AND ELECTED LEADERS.REVOLVING FUND: IN 1999, RECOGNIZING PRESERVATION VIRGINIA'S SPECIAL EXPERTISE, THE GENERAL ASSEMBLY VOTED TO TRANSFER THE VIRGINIA HISTORIC PROPERTIES REVOLVING FUND TO PRESERVATION VIRGINIA EXPANDING OUR EFFORTS TO PROTECT AND PRESERVE PUBLICLY SIGNIFICANT HISTORIC PROPERTIES THROUGH ACQUISITION AND RESALE. SINCE THEN, PRESERVATION VIRGINIA SAVED MORE THAN 60 HISTORIC PROPERTIES, PRESERVING THIS HISTORIC FABRIC OF COMMUNITIES AND RETURNING THESE STRUCTURES TO A VIABLE ECONOMIC RESOURCE.
HISTORIC JAMESTOWNETHE FIRST PERMANENT ENGLISH SETTLEMENT IN NORTH AMERICA WAS AT JAMESTOWN, VIRGINIA. PRESERVATION VIRGINIA HAS PRESERVED AND INTERPRETED THIS SITE SINCE 1893. IN 1994, PRESERVATION VIRGINIA BEGAN JAMESTOWN REDISCOVERY, AN ARCHAEOLIGICAL PROJECT THAT WOULD FIND IF ANY REMAINS OF THE 1607 JAMES FORT WERE STILL IN EXISTANCE. IN ANTICIPATION OF THE 400TH ANNIVERSARY OF JAMESTOWN'S FOUNDING IN 2007, PRESERVATION VIRGINIA AND THE NATIONAL PARKS SERVICE (CO-STEWARDS OF HISTORIC JAMESTOWNE SINCE THE 1930S) CREATED PROGRAMS AND RESOURCES TO SHARE MORE ABOUT THIS IMPORTANT HISTORIC SITE, AND ITS LEGACY ON OUR MODERN WORLD. THIS INCLUDES ONGOING RESEARCH, MUSEUM AND EDUCATIONAL FACILITIES, EXHIBITS, AND ON-LINE RESOURCES. THESE CREATE A LASTING LEGACY FOR 2007 AND GENERATIONS TO COME. FOLLOWING ARE KEY PROJECTS AT HISTORIC JAMESTOWNE.PUBLIC AND EDUCATIONAL PROGRAMS: GIVEN THE ENORMOUS APPEAL AND GLOBAL DEMAND, HISTORIC JAMESTOWNE WILL EXPAND ITS PUBLIC PROGRAMS TO INCLUDE: THE ONGOING JAMESTOWN REDISCOVERY ARCHAEOLOGICAL EXCAVATION AND COLLECTIONS RESEARCH; THE FIELD SCHOOL; EXTENSIVE FORENSIC, GENEALOGICAL AND BIOGRAPHICAL RESEARCH ON THE SETTLERS AND THEIR FAMILIES; ONGOING PUBLICATIONS; DOCUMENTARIES AND FILMS; TOUR PROGRAMS; EDUCATIONAL PROGRAMS FOR PRIMARY AND SECONDARY STUDENTS AND TEACHER TRAINING INSTITUTES; RESOURCES FOR GRADUATE STUDENTS AND LIFELONG LEARNERS.ENDOWMENT FOR THE FUTURE: CREATING THE RIGHT LEGACY FOR HISTORIC JAMESTOWNE REMAINS THE PRIMARY OBJECTIVE OF ALL THOSE INVOLVED IN IMPLEMENTING THE MASTER PLAN. SUSTAINING THE LEGACY IN THE FUTURE IS EVERY BIT AS CRUCIAL FOR FUTURE GENERATIONS. HISTORIC JAMESTOWNE WILL REQUIRE BOTH GENERAL AND SPECIFIC ENDOWMENT FUNDS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mr Jim Horn COO | 50 | $181,334 | |
Ms Elizabeth S Kostelny CEO & Secretary, Ex Officio | OfficerTrustee | 50 | $143,785 |
Mr William Kelso Emeritus Dir Archaeology | 40 | $119,776 | |
Ms Denise Kellogg Dir Development Jrf | 50 | $117,000 | |
Mrs Genevieve Pl Keller Chair | OfficerTrustee | 1 | $0 |
Mr Trip Pollard Vice Chair | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $414,101 |
Government grants | $681,500 |
All other contributions, gifts, grants, and similar amounts not included above | $2,185,905 |
Noncash contributions included in lines 1a–1f | $17,926 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,281,506 |
Total Program Service Revenue | $1,040,325 |
Investment income | $287,794 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $1,222 |
Net Rental Income | $17,574 |
Net Gain/Loss on Asset Sales | $531,544 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $331,194 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,571,617 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $169,193 |
Compensation of current officers, directors, key employees. | $35,157 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,525,283 |
Pension plan accruals and contributions | $184,853 |
Other employee benefits | $25,172 |
Payroll taxes | $208,570 |
Fees for services: Management | $0 |
Fees for services: Legal | $14,609 |
Fees for services: Accounting | $33,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $15,101 |
Fees for services: Other | $34,175 |
Advertising and promotion | $44,048 |
Office expenses | $86,064 |
Information technology | $57,064 |
Royalties | $0 |
Occupancy | $147,076 |
Travel | $19,643 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $17,704 |
Interest | $3,808 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $495,299 |
Insurance | $68,197 |
All other expenses | $0 |
Total functional expenses | $4,628,151 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,050,730 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $14,822 |
Accounts receivable, net | $380,310 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $296,827 |
Prepaid expenses and deferred charges | $56,683 |
Net Land, buildings, and equipment | $9,711,209 |
Investments—publicly traded securities | $15,244,587 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $804,576 |
Total assets | $27,559,744 |
Accounts payable and accrued expenses | $348,658 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,505,533 |
Total liabilities | $1,854,191 |
Net assets without donor restrictions | $16,070,553 |
Net assets with donor restrictions | $9,635,000 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $27,559,744 |
Over the last fiscal year, we have identified 6 grants that Association For The Preservation Of Virginia Antiquities has recieved totaling $992,379.
Awarding Organization | Amount |
---|---|
The Conservation Fund A Nonprofit Corporation Arlington, VA PURPOSE: CONSERVATION OF NATURAL RESOURCES;SUSTAINABLE ECONOMIC & COMMUNITY DEVELOPMENT | $868,745 |
The Community Foundation Inc Richmond, VA PURPOSE: GENERAL PURPOSES | $58,390 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $57,244 |
Richard S Reynolds Foundation Richmond, VA PURPOSE: RAISE THE ROOF/SCOTCHTOWN | $5,000 |
Arthur W Perdue Foundation Inc Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $2,500 |
Caplin Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $500 |
Beg. Balance | $3,147,212 |
Earnings | $855,247 |
Admin Expense | $145,957 |
Net Contributions | $50,250 |
Ending Balance | $3,906,752 |
Organization Name | Assets | Revenue |
---|---|---|
National Society Of The Daughters Of The American Revolution Washington, DC | $207,089,115 | $26,508,264 |
Heritage South Community Cu Shelbyville, TN | $308,780,084 | $17,719,881 |
Hillwood Estate Museum & Gardens Washington, DC | $379,536,354 | $20,308,723 |
Bell Tower Green Inc Salisbury, NC | $2,054,412 | $2,539,569 |
Army Historical Foundation Inc Fort Belvoir, VA | $16,487,331 | $17,384,969 |
Virginia Historical Society Richmond, VA | $152,846,402 | $30,481,870 |
United States Foundation For The Commemoration Of The World Wars Arlington, VA | $17,191,453 | $4,408,831 |
Victims Of Communism Memorial Foundation Inc Washington, DC | $17,153,978 | $4,238,783 |
Us Navy Memorial Foundation Washington, DC | $3,731,955 | $5,647,232 |
Maryland Historical Society Baltimore, MD | $35,915,742 | $5,321,306 |
Trust For The National Mall Washington, DC | $50,852,844 | $38,863,743 |
Association For The Preservation Of Virginia Antiquities Richmond, VA | $27,559,744 | $5,571,617 |