Virginia Academy Of Science

Organization Overview

Virginia Academy Of Science is located in Richmond, VA. The organization was established in 1949. According to its NTEE Classification (U20) the organization is classified as: General Science, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia Academy Of Science 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 12/2021, Virginia Academy Of Science generated $477.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $106.0k during the year ending 12/2021. While expenses have increased by 1.4% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

ADVANCEMENT OF THE SCIENCES

Describe the Organization's Program Activity:

Part 3 - Line 4a

RESEARCH GRANTS ARE AWARDED TO PERSONS SUBMITTING WINNING APPLICATIONS IN ORDER TO FUND SCIENTIFIC RESEARCH


VIRGINIA JOURNAL OF SCIENCE AND VIRGINIA SCIENTIST PUBLISHED 4 TIMES A YEAR TO PROVIDE INFORMATION REGARDING THE ADVANCEMENT OF THE SCIENCES


ANNUAL MEETINGS PROVIDE AN OPPORTUNITY FOR PRESENTATION OF SCIENTIFIC PAPERS AND INTERCHANGE OF INFORMATION


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$120,751
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$120,751
Total Program Service Revenue$39,606
Investment income $278,480
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $38,859
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $477,696

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Virginia Academy Of Science has recieved totaling $1,500.

Awarding OrganizationAmount
Dominion Energy Charitable Foundation

Richmond, VA

PURPOSE: DOMINION AWARD

$1,500
View Grant Recipient Profile

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