THE MISSION OF THE VIRGINIA MUSEUM OF FINE ARTS FOUNDATION IS TO SUPPORT THE VIRGINIA MUSEUM OF FINE ARTS THROUGH A COMPREHENSIVE FUNDRAISING AND DONOR CULTIVATION PROGRAM AND THE INVESTMENT AND MANAGEMENT OF PRIVATE ASSETS. THIS SUPPORT ENHANCES THE ABILITY OF THE MUSEUM OF FINE ARTS (MUSEUM), AN AGENCY OF THE COMMONWEALTH OF VIRGINIA. TO ACCOMPLISH ITS MISSION, THE FOUNDATION ADMINISTERS A COMPREHENSIVE FUND RAISING PROGRAM, INVESTS PRIVATE ASSETS SUCH AS ENDOWMENTS, AND OWNS AND MAINTAINS PIECES OF REAL ESTATE USED BY THE MUSEUM FOR PROGRAM AND ADMINISTRATIVE FUNCTIONS. ALL SUCH ACTIVITIES ARE UNDERTAKEN AT THE REQUEST OF THE MUSEUM'S BOARD OF TRUSTEES.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Arts, Culture & Humanities organizations nationwide.
- Base
- $471k
- Bonus
- $200k
- Other
- —
- Benefits
- $34k
- Base
- $270k
- Bonus
- $150k
- Other
- —
- Benefits
- $44k
- Base
- $174k
- Bonus
- $15k
- Other
- —
- Benefits
- $13k
- Base
- $155k
- Bonus
- —
- Other
- —
- Benefits
- $28k
- Base
- $143k
- Bonus
- —
- Other
- —
- Benefits
- $8k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Deputy Director of Advancement Highest Compensated Employee Above 90th percentile | $471k | $200k | — | $34k | $746k $814k |
Chief Operating Officer Above 90th percentile | $270k | $150k | — | $44k | $636k $695k |
Asst. Deputy Director of Development 75th to 90th percentile | $174k | $15k | — | $13k | $224k $245k |
Chief Financial Officer 75th to 90th percentile | $155k | — | — | $28k | $208k $227k |
Director of Accounting Highest Compensated Employee Median to 75th percentile | $143k | — | — | $8k | $168k $184k |
Director of Major Gifts Highest Compensated Employee 25th percentile to median | — | — | — | — | $139k $152k |
Director of Principal Gifts Highest Compensated Employee 25th percentile to median | — | — | — | — | $137k $149k |
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 33 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at Virginia Museum of Fine Arts Foundation equaled 2% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.
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 3%
from 2022
From $722k in 2022 to $746k in 2023.
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.
Highest Compensated Employee pay rose 29% from 2022 to 2023, while revenue rose 3%.
- Chief Operating Officer pay fell 12% from 2022 to 2023.
- Chief Development Officer pay rose 5% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about Virginia Museum of Fine Arts Foundation
What does the Highest Compensated Employee of Virginia Museum of Fine Arts Foundation earn?
In 2023, the Highest Compensated Employee of Virginia Museum of Fine Arts Foundation received $745,685 in total compensation. This pay is in the top 10% for Highest Compensated Employee roles among Arts, Culture & Humanities organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Highest Compensated Employee pay at Virginia Museum of Fine Arts Foundation compare with similar nonprofits?
Compared with the same role at Arts, Culture & Humanities organizations nationwide, the 2023 pay of the Highest Compensated Employee at Virginia Museum of Fine Arts Foundation falls in the top 10%. In 2023, the highest total compensation at Virginia Museum of Fine Arts Foundation equaled 2% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.
What are Virginia Museum of Fine Arts Foundation's revenue and expenses?
In 2023, Virginia Museum of Fine Arts Foundation reported $34.2M in total revenue and $39.3M in total expenses on its IRS Form 990.
Compare any role, sector, or revenue band
Build your own benchmark from millions of reported positions.
Learn More About Nonprofit Compensation
Guides to help you understand and use this data
Nonprofit CFO Salary
What nonprofit CFOs earn, what drives the number, and how to use public compensation data in a job search or negotiation.
Read moreNonprofit COO Salary
What nonprofit COOs earn, what drives the number, and how to use public compensation data in a job search or board decision.
Read moreNonprofit Executive Director Salary
What nonprofit executive directors earn, what drives the number, and how to use public compensation data whether you are a candidate, a current ED, or a board member.
Read more