VIRGINIA COMMEMORATIONS INC

EIN: 810703911 501(c)(3) Arts, Culture & Humanities

RICHMOND, VA

Total Revenue
$1,398,753
Total Expenses
$373,272
Total Assets
$1,046,418
Net Assets
$1,046,418
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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
VA
Principal Officer
CHERYL WILSON
Phone
8042050788
Tax Period
2023-07-01 to 2024-06-30

2019 COMMEMORATION INC, founded in 2015, is a small nonprofit in the Arts, Culture & Humanities sector that reported $438K in total revenue in fiscal year 2017. Revenue fell 76% from the prior year — a significant decline worth monitoring. Expenses of $839K exceeded revenue, resulting in a 91% operating deficit.

Mission

THE MISSION IS TO SUPPLEMENT THE ACTIVITIES OF THE VIRGINIA AMERICAN REVOLUTION 250 COMMISSION (VA250), AN AGENCY OF THE COMMONWEALTH OF VIRGINIA, TO PLAN, DEVELOP, AND PERFORM PROGRAMS AND ACTIVITIES TO COMMEMORATE THE 250TH ANNIVERSARY OF THE AMERICAN REVOLUTION, THE REVOLUTIONARY WAR, AND THE INDEPENDENCE OF THE UNITED STATES.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,393,685
Program Service Revenue $0
Investment Income $31
Other Revenue $5,037
TOTAL REVENUE $1,398,753

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $91,949
Program Expenses $265,701
Other Expenses $288,272
TOTAL EXPENSES $373,272

Year-over-Year Comparison

2023 2022 Change
Revenue $1,398,753 $18,928 +72.9%
Expenses $373,272 $24,898 +14.0%
Net Income $1,025,481 $-5,970 -172.8%
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
12
Independent Members
12
Employees
N/A
Volunteers
13

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
5
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HONORABLE H BENSON DENDY III PRESIDENT 1.00
Officer Director
$0 $0 $0
EDWARD BAINE VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
BK FULTON TREASURER 1.00
Officer Director
$0 $0 $0
SUE GERDELMAN SECRETARY 1.00
Officer Director
$0 $0 $0
DELEGATE TERRY AUSTIN TRUSTEE 1.00
Director
$0 $0 $0
SENATOR MAMIE LOCKE TRUSTEE 1.00
Director
$0 $0 $0
GEORGE KEITH MARTIN TRUSTEE 1.00
Director
$0 $0 $0
HONORABLE RYAN MCDOUGLE TRUSTEE 1.00
Director
$0 $0 $0
HONORABLE THOMAS K NORMENT TRUSTEE 1.00
Director
$0 $0 $0
HONORABLE KENNETH PLUM TRUSTEE 1.00
Director
$0 $0 $0
HONORABLE JEANNE ZEIDLER TRUSTEE 1.00
Director
$0 $0 $0
AUBREY LAYNE TRUSTEE 1.00
Director
$0 $0 $0
CHERYL WILSON EXECUTIVE DIRECTOR 40.00
Officer
$0 $0 $0
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 $1,398,753 $373,272 $1,046,418 $1,025,481
2023 $18,928 $24,898 $21,006 $-5,970
2022 $10,000 $7,794 $26,907 $2,206
2021 $12,835 $122,501 $24,700 $-109,666
2020 $283,231 $1,665,975 $134,366 $-1,382,744
2019 $1,909,050 $1,194,945 $1,780,296 $714,105
2018 $438,186 $838,839 $964,180 $-400,653
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