Maymont Foundation
- Assets
- $34.7m
- Revenue
- $5.4m
- Investments
- $17.4m
- Employees
- 100
- Location
- Richmond, VA
- Founding
- 06/1959
- Data as of
- 06/2022
- EIN
- 54-6039788
Organization Overview
Maymont Foundation is located in Richmond, VA. The organization was established in 1959. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Maymont Foundation employed 100 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maymont Foundation 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 06/2022, Maymont Foundation generated $5.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $6.5m during the year ending 06/2022. While expenses have increased by 2.8% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MAYMONT FOUNDATION IS COMMITTED TO CREATING EXPERIENCES THAT DELIGHT, EDUCATE AND INSPIRE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HISTORIC RESOURCES, GARDENS AND GROUNDS - MAYMONT'S 100 ACRES ARE OPEN DAILY AND SERVE OVER 800,000 VISITORS ANNUALLY THROUGH THE EXPANSIVE GROUNDS AND HISTORIC GARDENS, NATIONALLY REGISTERED HISTORIC HOUSE MUSEUM, 22-VEHICLE ANTIQUE CARRIAGE COLLECTION, ORIGINAL OUTBUILDINGS AND AN ARBORETUM HOME TO NATIONAL AND STATE CHAMPION TREES.
WILDLIFE & ANIMAL HABITATS - MAYMONT IS HOME TO 300+ ANIMALS (80+ SPECIES) THAT RESIDE IN NATIVE HABITATS AT THE MAYMONT FARM AND ROBINS NATURE CENTER. THESE ANIMALS ARE CARED FOR BY STAFF ZOOLOGISTS AND AQUARISTS, AND HAVE BEEN RESCUED AND REHOMED AFTER BEING INJURED OR ABANDONED IN THE WILD AND REHABILIATED BY PROFESSIONALS. THE ROBINS NATURE CENTER HIGHLIGHTS THE ECOLOGY OF THE JAMES RIVER AND OFFERS EXPERIENCES IN NATURAL HISTORY OF THE AREA AND ENVIRONMENTAL STEWARDSHIP TO OVER 40,000 VISITORS ANNUALLY.
EDUCATION AND COMMUNITY PROGRAMS - MAYMONT OFFERS COMMUNITY AND PUBLIC HISTORIC PROGRAMMING THROUGH GUIDED AND SELF-GUIDED AUDIO TOURS OF THE HISTORIC HOUSE MUSEUM, GARDENS, AND GROUNDS. GARDEN PROGRAMS INCLUDE WORKSHOPS, CLASSES, GARDEN AND ARBORETUM WALKING TOURS, CHILDREN'S PROGRAMS AND MASTER GARDENER TRAINING CLASSES. MAYMONT EDUCATORS PROVIDE SCIENCE AND SOCIAL STUDIES EDUCATION TO MORE THAN 16,000 STUDENTS THROUGH SCHOOL PROGRAMMING, SUMMER CAMPS, AND COMMUNITY PROGRAMS. MAYMONT'S OUTDOOR ENGAGEMENT AND ENRICHMENT ON THE EXPANSIVE GROUNDS ATTRACT MORE THAN 80,000 GUESTS ANNUALLY FOR ART, CULTURAL, AND MUSIC EVENTS INCLUDING GARDEN GLOW, HERBS GALORE AND MORE, DOMINION ENERGY FAMILY EASTER, SUMMER KICKOFF, AND MERRY MARKET.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Bagwell Director | Trustee | 1 | $0 |
Jon Baliles Director | Trustee | 1 | $0 |
Sean Beard Director | Trustee | 1 | $0 |
Jeff Bourne Director | Trustee | 1 | $0 |
Corey Durant Director | Trustee | 1 | $0 |
Shane Emmett Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Commonwealth Architects Pc Architects For Eda Projects | 6/29/23 | $373,384 |
Lighting And Sound Company Lighting For Events-garden Glow And Bier | 6/29/23 | $195,631 |
Mosaic Catering Events Catering And Food For Events | 6/29/23 | $142,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $62,855 |
| Fundraising events | $16,894 |
| Related organizations | $0 |
| Government grants | $1,830,713 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,799,691 |
| Noncash contributions included in lines 1a–1f | $294,679 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,710,153 |
| Total Program Service Revenue | $1,163,531 |
| Investment income | $1,529 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $393,867 |
| Net Gain/Loss on Asset Sales | $95,556 |
| Net Income from Fundraising Events | -$11,726 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $28,377 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,438,283 |
| 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. | $181,391 |
| Compensation of current officers, directors, key employees. | $45,347 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,474,281 |
| Pension plan accruals and contributions | $9,910 |
| Other employee benefits | $247,399 |
| Payroll taxes | $178,158 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $55,666 |
| Fees for services: Other | $300,784 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $553,555 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,771,811 |
| Insurance | $0 |
| All other expenses | $17,621 |
| Total functional expenses | $6,501,070 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,068,109 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,077,397 |
| Accounts receivable, net | $23,514 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $32,568 |
| Prepaid expenses and deferred charges | $197,964 |
| Net Land, buildings, and equipment | $13,790,604 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $17,449,477 |
| Investments—program-related | $0 |
| Intangible assets | $1,688 |
| Other assets | $30,252 |
| Total assets | $34,671,573 |
| Accounts payable and accrued expenses | $573,650 |
| Grants payable | $0 |
| Deferred revenue | $132,538 |
| 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 | $10,319 |
| Total liabilities | $716,507 |
| Net assets without donor restrictions | $16,395,542 |
| Net assets with donor restrictions | $17,559,524 |
| 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 | $34,671,573 |