Virginia Foundation For The Humanities And Public Policy
- Assets
- $13.5m
- Revenue
- $6.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Charlottesville, VA
- Founding
- 01/1989
- Data as of
- 06/2021
- EIN
- 54-1435523
Organization Overview
Virginia Foundation For The Humanities And Public Policy, operating under the name Virginia Humanities, is located in Charlottesville, VA. The organization was established in 1989. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia Humanities 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, Virginia Humanities generated $6.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $4.6m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Virginia Humanities has awarded 15 individual grants totaling $1,161,620. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FINANCIAL SUPPORT FOR EDUCATIONAL PROGRAMS AND SERVICES TO THE COMMUNITY, EDUCATIONAL INSTITUTIONS AND OTHER CIVIC ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BACKSTORY WITH THE AMERICAN HISTORY GUYS - THE FOUNDATION PRODUCED A WEEKLY RADIO SHOW FEATURING HISTORIANS WHO EXPLORED CONTEMPORARY TOPICS THROUGH THREE CENTURIES OF AMERICAN HISTORY.
EACH WEEK ON WITH GOOD REASON SARAH MCCONNELL TAKES YOU ALONG AS SHE EXAMINES A WIDE RANGE OF TOPICS WITH LEADING SCHOLARS. THE SHOW IS AVAILABLE AS A PODCAST AND BROADCAST ON PUBLIC RADIO STATIONS ACROSS VIRGINIA, AS WELL AS IN ALASKA, COLORADO, FLORIDA, GEORGIA, HAWAII, INDIANA, MASSACHUSETTS, MICHIGAN, NEW MEXICO, NEW YORK, OHIO, TENNESSEE, AND TEXAS. WITH GOOD REASON HAS WON FIVE GABRIEL AWARDS FOR BEST DOCUMENTARY OR PUBLIC AFFAIRS PROGRAMS AND IS ALSO THE RECIPIENT OF TOP HONORS FROM THE PUBLIC RADIO NEWS DIRECTORS, RADIO AND TELEVISION DIGITAL NEWS ASSOCIATION AND THE VIRGINIA ASSOCIATION OF BROADCASTERS.
ENCYCLOPEDIA VIRGINIA PROGRAM - THROUGH THE WEB AND DIGITAL TECHNOLOGIES, THE FOUNDATION WORKED TO CHRONICLE THE HERITAGE OF VIRGINIA THROUGH THE PERSPECTIVES OF ALL THE ETHNICALLY, CULTURALLY, AND LINGUISTICALLY DIVERSE PEOPLES WHO HAVE LIVED IN THE STATE AND HELPED MAKE THE STATE WHAT IT IS TODAY.
SEE ATTACHMENT A.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Colpitts Chair | OfficerTrustee | 5 | $0 |
Dulce Carrillo Director | OfficerTrustee | 2 | $0 |
Kelly O'keefe Vice-Chair | OfficerTrustee | 2 | $0 |
Steve Herman Secretary/tr | OfficerTrustee | 2 | $0 |
Lenneal J Henderson Director | OfficerTrustee | 2 | $0 |
Lauranett L Lee Director | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,775,778 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,464,334 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,240,112 |
| Total Program Service Revenue | $209,806 |
| Investment income | $1,225,872 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $25 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$8,512 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,667,303 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $293,018 |
| 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. | $182,249 |
| Compensation of current officers, directors, key employees. | $45,562 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,138,144 |
| Pension plan accruals and contributions | $140,689 |
| Other employee benefits | $618,862 |
| Payroll taxes | $176,649 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,860 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $210,207 |
| Advertising and promotion | $23,146 |
| Office expenses | $116,318 |
| Information technology | $65,519 |
| Royalties | $0 |
| Occupancy | $218,485 |
| Travel | $1,511 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $67,021 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $94,550 |
| Insurance | $3,505 |
| All other expenses | $7,153 |
| Total functional expenses | $4,566,500 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,893,137 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $14,938 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $24,969 |
| Net Land, buildings, and equipment | $1,506,061 |
| Investments—publicly traded securities | $7,520,272 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $538,595 |
| Total assets | $13,497,972 |
| Accounts payable and accrued expenses | $589,246 |
| Grants payable | $152,580 |
| 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 | $0 |
| Total liabilities | $741,826 |
| Net assets without donor restrictions | $9,305,063 |
| Net assets with donor restrictions | $3,451,083 |
| 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 | $13,497,972 |
Grants Awarded
Over the last fiscal year, Virginia Foundation For The Humanities And Public Policy has awarded $64,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Richmond, VA PURPOSE: MUSEUM SUPPORT | $50,000 |
NEH CARES ACT PASSTHROUGH5 SEPARATE ORGANIZATIONS PURPOSE: CARES ACT - 5 ORGS. | $14,000 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Virginia Foundation For The Humanities And Public Policy has recieved totaling $409,464.
| Awarding Organization | Amount |
|---|---|
Dominion Energy Charitable Foundation Richmond, VA PURPOSE: HBCU HUMANITIES FELLOWSHIP | $250,000 |
Hampton Roads Community Foundation Norfolk, VA PURPOSE: PROGRAMMING EXAMINING RACE AND THE HISTORY OF RACE IN SOUTH HAMPTON ROADS | $135,714 |
Charlottesville Area Community Foundation Charlottesville, VA PURPOSE: THE ROSEL SCHEWEL FUND - GENERAL PURPOSES | $10,000 |
The Community Foundation Inc Richmond, VA PURPOSE: GENERAL PURPOSES | $8,250 |
Heart Sing Chevy Chase, MD PURPOSE: GENERAL USE | $5,000 |
Barr Foundation Chesapeake, VA PURPOSE: TO SUPPORT THE MISSION OF THE ORGANIZATION | $500 |
Endowment Analysis
| Beg. Balance | $3,470,408 |
| Earnings | $1,370,122 |
| Net Contributions | $33,978 |
| Grants | $80,461 |
| Ending Balance | $4,794,047 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Greater Charlotte Cultural Trust Charlotte, NC | $173,742,321 | $2,357,736 |
Fund For The Arts Inc Louisville, KY | $9,833,007 | $6,108,558 |
Mid Atlantic Arts Inc Baltimore, MD | $4,986,510 | $4,229,657 |
Virginia Foundation For The Humanities And Public Policy Charlottesville, VA | $13,497,972 | $6,667,303 |
Millennium Water Alliance Washington, DC | $3,039,056 | $3,946,433 |
Americans For Public Trust Alexandria, VA | $249,074 | $3,628,537 |
Sarcoma Foundation Of America Inc Damascus, MD | $9,642,356 | $3,973,362 |
Memphis Museums Inc Memphis, TN | $7,243,926 | $3,293,679 |
Artsbuild Chattanooga, TN | $20,819,407 | $7,133,514 |
William R Kenan Jr Fund For The Arts Chapel Hill, NC | $30,178,263 | $1,461,510 |
Foundation For Advancement In Conservation Washington, DC | $8,492,434 | $1,990,883 |
Walter Kaitz Foundation Washington, DC | $4,291,830 | $1,584,583 |