VIRGINIA FOUNDATION FOR THE HUMANITIES AND PUBLIC POLICY

EIN: 541435523 501(c)(3) Arts, Culture & Humanities

CHARLOTTESVILLE, VA

Total Revenue
$6,922,641
Total Expenses
$7,895,433
Total Assets
$19,147,451
Net Assets
$12,009,158
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Financial Trends

Organization Details

Formation Year
1974
Principal Officer
MATTHEW S GIBSON
Phone
4349243296
Tax Period
2023-07-01 to 2024-06-30

VIRGINIA FOUNDATION FOR THE HUMANITIES AND PUBLIC POLICY, founded in 1974, is a community nonprofit in the Arts, Culture & Humanities sector that reported $6.9M in total revenue in fiscal year 2023. Expenses of $7.9M exceeded revenue, resulting in a 14% operating deficit.

Mission

FINANCIAL SUPPORT FOR EDUCATIONAL PROGRAMS AND SERVICES TO THE COMMUNITY, EDUCATIONAL INSTITUTIONS AND OTHER CIVIC ORGANIZATIONS.

Program Service Accomplishments

Program 1
Expenses: $605,093 Revenue: $46,343

CENTER FOR THE BOOK - WORKING ACROSS THE COMMONWEALTH TO UNITE COMMUNITIES OF READERS, WRITERS, ARTISTS, AND BOOK LOVERS. WE PROVIDE YEAR-ROUND PROGRAMS AND PARTNERSHIP INITIATIVES, INCLUDING THE...

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CENTER FOR THE BOOK - WORKING ACROSS THE COMMONWEALTH TO UNITE COMMUNITIES OF READERS, WRITERS, ARTISTS, AND BOOK LOVERS. WE PROVIDE YEAR-ROUND PROGRAMS AND PARTNERSHIP INITIATIVES, INCLUDING THE VIRIGNIA FESTIVAL OF THE BOOK. THE CENTER RECOGNIZES THE ENDURING POWER OF LITERATURE, STORYTELLING, AND THE BOOK ARTS TO ENGAGE IN PUBLIC DIALOGUE AND PROMOTE CULTURAL UNDERSTANDING.

Program 2
Expenses: $506,445 Revenue: $233,951

EACH WEEK ON WITH GOOD REASON SARAH MCCONNELL TAKES YOU ALONG AS SHE EXAMINES A WIDE RANGE OF TOPICS WITH LEADING SCHOLARS. THE SHOW IS AVAILABLE AS A PODCAST AND BROADCAST ON PUBLIC RADIO STATIONS...

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EACH WEEK ON WITH GOOD REASON SARAH MCCONNELL TAKES YOU ALONG AS SHE EXAMINES A WIDE RANGE OF TOPICS WITH LEADING SCHOLARS. THE SHOW IS AVAILABLE AS A PODCAST AND BROADCAST ON PUBLIC RADIO STATIONS ACROSS VIRGINIA, AS WELL AS IN ALASKA, COLORADO, FLORIDA, GEORGIA, HAWAII, INDIANA, MASSACHUSETTS, MICHIGAN, NEW MEXICO, NEW YORK, OHIO, TENNESSEE, AND TEXAS. WITH GOOD REASON HAS WON FIVE GABRIEL AWARDS FOR BEST DOCUMENTARY OR PUBLIC AFFAIRS PROGRAMS AND IS ALSO THE RECIPIENT OF TOP HONORS FROM THE PUBLIC RADIO NEWS DIRECTORS, RADIO AND TELEVISION DIGITAL NEWS ASSOCIATION AND THE VIRGINIA ASSOCIATION OF BROADCASTERS.

Program 3
Expenses: $490,681

ENCYCLOPEDIA VIRGINIA PROGRAM - THROUGH THE WEB AND DIGITAL TECHNOLOGIES, THE FOUNDATION WORKED TO CHRONICLE THE HERITAGE OF VIRGINIA THROUGH THE PERSPECTIVES OF ALL THE ETHNICALLY, CULTURALLY, AND...

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ENCYCLOPEDIA VIRGINIA PROGRAM - THROUGH THE WEB AND DIGITAL TECHNOLOGIES, THE FOUNDATION WORKED TO CHRONICLE THE HERITAGE OF VIRGINIA THROUGH THE PERSPECTIVES OF ALL THE ETHNICALLY, CULTURALLY, AND LINGUISTICALLY DIVERSE PEOPLES WHO HAVE LIVED IN THE STATE AND HELPED MAKE THE STATE WHAT IT IS TODAY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,618,124
Program Service Revenue $324,610
Investment Income $-22,848
Other Revenue $2,755
TOTAL REVENUE $6,922,641

Expense Breakdown

Grants Paid $1,047,067
Salaries & Benefits $3,868,804
Fundraising Expenses $1,090,251
Program Expenses $5,775,091
Other Expenses $2,979,562
TOTAL EXPENSES $7,895,433

Year-over-Year Comparison

2023 2022 Change
Revenue $6,922,641 $7,187,215 0.0%
Expenses $7,895,433 $7,338,834 +0.1%
Net Income $-972,792 $-151,619 +5.4%
Key Indicators
✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Governance

Voting Members
23
Independent Members
23
Employees
N/A
Volunteers
245

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$0
Total Directors
25
$0
Key Employees
1
$190,883
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SYLVESTER JOHNSON CHAIR 2.00
Officer Director
$0 $0 $0
LARISSA SMITH VICE-CHAIR 2.00
Officer Director
$0 $0 $0
IRIS E HOLLIDAY TREASURER 2.00
Officer Director
$0 $0 $0
KELLY O'KEEFE IMMEDIATE PA 2.00
Officer Director
$0 $0 $0
KELLEE BLAKE DIRECTOR 2.00
Officer Director
$0 $0 $0
CHRIS HEAD DIRECTOR 2.00
Officer Director
$0 $0 $0
RISHI JAITLY DIRECTOR 2.00
Officer Director
$0 $0 $0
DEE H LESTER DIRECTOR 2.00
Officer Director
$0 $0 $0
CHIEF LYNETTE LEWIS ALLSTON DIRECTOR 2.00
Director
$0 $0 $0
DIANE ATKINSON DIRECTOR 2.00
Director
$0 $0 $0
GRACE FLORES-HUGES DIRECTOR 2.00
Director
$0 $0 $0
DANIEL GADE DIRECTOR N/A
Director
$0 $0 $0
JILL BUSSEY HARRIS DIRECTOR 2.00
Director
$0 $0 $0
W TUCKER LEMON DIRECTOR 2.00
Director
$0 $0 $0
DAVID REHR DIRECTOR 2.00
Director
$0 $0 $0
KATE BOYCE DIRECTOR 2.00
Director
$0 $0 $0
REED DIBICH DIRECTOR 2.00
Director
$0 $0 $0
BARBARA HAMM LEE DIRECTOR 2.00
Director
$0 $0 $0
EDWARD T LINETHAL DIRECTOR 2.00
Director
$0 $0 $0
MARTIN R MARTINEZ DIRECTOR 2.00
Director
$0 $0 $0
DAVID MCFARLAND DIRECTOR 2.00
Director
$0 $0 $0
ANDREA RELATOR MENDOZA DIRECTOR 2.00
Director
$0 $0 $0
JUSTIN LO DIRECTOR 2.00
Director
$0 $0 $0
LINDA SELIGMANN DIRECTOR 2.00
Director
$0 $0 $0
W MCILWAINE THOMPSON JR DIRECTOR N/A
Director
$0 $0 $0
MATTHEW S GIBSON EXECUTIVE DI 40.00
Key Emp
$0 $0 $190,883
ERIC RIVERS DIR. OF ADVA 40.00
Highest
$0 $0 $120,012
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $6,922,641 $7,895,433 $19,147,451 $-972,792
2023 $7,187,215 $7,338,834 $19,654,374 $-151,619
2022 $7,371,860 $7,028,563 $13,561,447 $343,297
2021 $6,667,303 $4,566,500 $13,497,972 $2,100,803
2020 $6,761,513 $6,511,456 $10,501,461 $250,057
2019 $6,493,549 $6,010,468 $10,166,315 $483,081
2018 $6,765,624 $5,469,423 $9,972,118 $1,296,201
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