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Filing year 2024

SCIENCE MUSEUM OF VIRGINIA FOUNDATION INC

Richmond, Virginia·EIN 23-7185836·NTEE A50 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$4M
Total assets
$35.6M
Total expenses
$4.1M
Reported officers
26
Mission

THE SCIENCE MUSEUM OF VIRGINIA FOUNDATION, INC. SERVES AS THE PRIVATE FUNDRAISING PARTNER OF THE SCIENCE MUSEUM OF VIRGINIA, A STATE INSTITUTION THAT WAS FOUNDED IN 1970 BY BOTH THE VIRGINIA ACADEMY OF SCIENCE AND THE VIRGINIA GENERAL ASSEMBLY TO "RAISE THE PUBLIC UNDERSTANDING OF SCIENCE AND TECHNOLOGY THROUGHOUT THE COMMONWEALTH." THE MUSEUM, AS A STATE SUPPORTED CULTURAL INSTITUTION, RECEIVES APPROXIMATELY 50 PERCENT OF ITS ANNUAL SUPPORT FROM THE COMMONWEALTH OF VIRGINIA. ADDITIONAL SUPPORT IS RAISED BY THE FOUNDATION THROUGH CHARITABLE CONTRIBUTIONS (ANNUAL GIFTS AND PERMANENT ENDOWMENT GIFTS), GRANTS, CAPITAL CAMPAIGN GIFTS, FUNDRAISING EVENTS AND INVESTMENT INCOME. FUNDS FROM THE FOUNDATION ARE GRANTED TO THE SCIENCE MUSEUM ON AN ANNUAL BASIS TO SUPPORT THE PROGRAMS, PROJECTS AND OPERATIONS THAT ARE AUTHORIZED AND APPROVED BY THE TRUSTEES OF THE MUSEUM.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Arts, Culture & Humanities organizations nationwide.

Director of Advancement
Highest Compensated Employee
Median to 75th percentile
$178k
$189k
Base
$154k
Bonus
Other
Benefits
$24k
Chief Financial Officer
Median to 75th percentile
$150k
$159k
Executive Director
Median to 75th percentilevs Arts, Culture & Humanities peers in Virginia
$124k
$131k
Base
$116k
Bonus
Other
Benefits
$6k
Chief Development Officer
10th to 25th percentile
$107k
$113k
Director
Board Member
25th percentile to medianvs Arts, Culture & Humanities peers in Virginia
$11k
$12k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 21 unpaid individuals.

Browse compensation in Arts, Culture & Humanities

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at SCIENCE MUSEUM OF VIRGINIA FOUNDATION INC equaled 4% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2024)
4%
Sector median
11%
Middle half of sector
5% to 20%

Based on 17,098 arts, culture & humanities organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 4%
from 2023

From $171k in 2023 to $178k in 2024.

$171k
2023
$178k
2024
In today's dollarsEst.
Up 1% in real terms$187k to $189k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Financial Officer pay rose 6% from 2023 to 2024, while revenue rose 7%.

$142k in 2023 to $150k in 2024.
  • Chief Executive Officer pay fell 28% from 2023 to 2024.
  • Board Member pay rose 28% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about SCIENCE MUSEUM OF VIRGINIA FOUNDATION INC

What does the Highest Compensated Employee of SCIENCE MUSEUM OF VIRGINIA FOUNDATION INC earn?

In 2024, the Highest Compensated Employee of SCIENCE MUSEUM OF VIRGINIA FOUNDATION INC received $178,082 in total compensation. This pay is above the median (the midpoint) for Highest Compensated Employee roles among Arts, Culture & Humanities organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at SCIENCE MUSEUM OF VIRGINIA FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations nationwide, the 2024 pay of the Highest Compensated Employee at SCIENCE MUSEUM OF VIRGINIA FOUNDATION INC falls between the median and the 75th percentile. In 2024, the highest total compensation at SCIENCE MUSEUM OF VIRGINIA FOUNDATION INC equaled 4% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are SCIENCE MUSEUM OF VIRGINIA FOUNDATION INC's revenue and expenses?

In 2024, SCIENCE MUSEUM OF VIRGINIA FOUNDATION INC reported $4M in total revenue and $4.1M in total expenses on its IRS Form 990.

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