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Virginia · Nonprofit

THE VALENTINE MUSEUM

THE VALENTINE MUSEUM (Virginia) receives grants from 101 organizations whose IRS filings report $9,975,361 to it, the largest being THE ANDREW W MELLON FOUNDATION ($1,889,000). 70 of them have funded it in more than one year.

Revenue FY2025
$5.4M
Funders on record
101
Grants received
$10.0M
Net assets
$39M
70/101 repeat funderspeak grant-dependency 68%
01What it does

What The Valentine Museum does

Mission

The mission of the valentine is to engage, educate and challenge a diverse audience by collecting, preserving and interpreting richmond's history.

As stated on its FY2025 Form 990.

Program

  1. The valentine engages the public in thoughtful programs designed to use history to inform the present and to shape the future. Interactive programs reach children from pre-k to high school on site and through outreach. Adult education includes walking and bus tours, conversations and outreach on richmond history and current community issues. Thevalentine frequently partners with other community organizations to ensure relevancy. The valentine uses its extensive collection to inform and support its programs and to develop timely changing exhibitions. Museum resources are used to support these collecting and educational efforts. Care of the collection includes the maintenance and operaton of the museum facilities and historic sites, including the 200-year-old wickham house, a national historic landmark.

    $3,199,281 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $3,199,281.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($2.0M) Expenses 100 ($2.8M) Net assets 100 ($24M)2018 Revenue 149 ($2.9M) Expenses 99 ($2.8M) Net assets 104 ($24M)2019 Revenue 210 ($4.1M) Expenses 98 ($2.7M) Net assets 112 ($26M)2020 Revenue 104 ($2.0M) Expenses 96 ($2.7M) Net assets 109 ($26M)2021 Revenue 185 ($3.6M) Expenses 86 ($2.4M) Net assets 132 ($31M)2022 Revenue 227 ($4.4M) Expenses 92 ($2.6M) Net assets 128 ($30M)2023 Revenue 365 ($7.1M) Expenses 103 ($2.9M) Net assets 153 ($36M)2024 Revenue 206 ($4.0M) Expenses 136 ($3.8M) Net assets 159 ($38M)2025 Revenue 276 ($5.4M) Expenses 148 ($4.1M) Net assets 167 ($39M)
'17'18'19'20'21'22'23'24'25
Revenue (276)Expenses (148)Net assets (167)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $32M to $40M (+28%).

$25M
$25M
$27M
$27M
$32M
$32M
$40M
$41M
$41M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 2% · 2018 1% · 2019 1% · 2020 3% · 2021 1% · 2022 10% · 2023 3% · 2024 1% · 2025 5%. Grants only. Government contracts and fees sit inside program revenue.

61% of THE VALENTINE MUSEUM’s revenue is contributions — about as donation-reliant as the typical peer (63% for the typical peer).

This organization
Typical peer · 5,377 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

−$831k
’17
$162k
’18
$1.4M
’19
−$635k
’20
$1.2M
’21
$1.9M
’22
$4.3M
’23
$235k
’24
$1.3M
’25
1.8
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24'25
Listed313132323032323032
Joined·+4+14+0+2+5+4+4+8
No longer listed·413043466
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 29 funders to 51 funders, grant income rose $331k → $1.6M.

10 of 101 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 9% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $2.8M from 2 payers (the payer shares this organization's board, largest The Community Foundation Inc). These are real filings, and they are not money THE VALENTINE MUSEUM raised.

From the IRS filings of THE VALENTINE MUSEUM’s funders (the co-funder graph). Top 30 of 101 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THE VALENTINE MUSEUM has a broad base — no single funder exceeds 19% of grant income, and it takes 6 funders to reach half.

the vertical line marks half of all grant income — 6 funders to its left

19%
largest funder
36%
top three
~14
effective funders

Largest funder’s share by year: 2017 22% · 2018 16% · 2019 13% · 2020 14% · 2021 31% · 2022 32% · 2023 15% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

61% of THE VALENTINE MUSEUM's funders are still giving 3 years after their first grant; 69% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

68% of THE VALENTINE MUSEUM's grant income comes from Virginia funders.

WA
MN
MI
NY
MA
OH
PA
NJ
CA
MO
VA
DE
NC
DC
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Virginia out of state home

Funder states come from each funder’s own filing. $892k arriving through sponsors registered in 9 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

THE VALENTINE MUSEUM runs a healthier operating margin than three-quarters of the 3,230 arts & culture nonprofits its size.

Operating margin24% · top quartile
Months of reserve1.8mo · below the median
Revenue growth (annualized)14% · above the median

this organization peer median middle 50% of peers· 3,230 arts & culture nonprofits $1M–$10M, FY2025

Government funding THE VALENTINE MUSEUM receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $425k on record.

Federal$425k
grants $425kcontracts $0
17
23
24
Top agencies
  • National Endowment for the Humanities$425k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like THE VALENTINE MUSEUM

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Virginia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

78% of spending goes to programs.

Program 78%Management 14%Fundraising 8%

Governance

29
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

84%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for THE VALENTINE MUSEUM: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THE VALENTINE MUSEUM?
THE VALENTINE MUSEUM (Virginia) receives grants from 101 organizations whose IRS filings report $9,975,361 to it, the largest being THE ANDREW W MELLON FOUNDATION ($1,889,000). 70 of them have funded it in more than one year.
How many funders does THE VALENTINE MUSEUM have?
IRS filings report 101 organizations giving $9,975,361 in grants to THE VALENTINE MUSEUM, 70 of which have funded it in more than one year.
Who is the largest funder of THE VALENTINE MUSEUM?
THE ANDREW W MELLON FOUNDATION is the largest funder on record, with $1,889,000 in grants. The full list of funders is on this page.
How can an organization like THE VALENTINE MUSEUM find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Valentine Museum →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 101 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing