MUSCARELLE MUSEUM OF ART FOUNDATION Charity Report

Public IRS 990 nonprofit record

MUSCARELLE MUSEUM OF ART FOUNDATION

EIN 46-1110899 · Single Organization Support (A11)

What they do

THE MISSION of THE MUSCARELLE MUSEUM of ART is to FOSTER THE FULL INTEGRATION of A DYNAMIC ART MUSEUM INTO THE LIFE and LIBERAL ARTS MISSION of WILLIAM & MARY and to SERVE AS A MODEL of CURATORIAL EXCELLENCE and A CATALYST for ART EXPLORATION AT WILLIAM & MARY and IN THE SURROUNDING COMMUNITY. THE MUSCARELLE MUSEUM of ART WILL PLAY A LEADERSHIP ROLE IN THE CREATION of A VIBRANT NEW INTEGRATED ARTS COMPLEX AT WILLIAM & MARY. THE MUSCARELLE WILL BE AN IMPRESSIVE PORTAL to A FACILITY THAT WILL ACCOMMODATE ALL PERFORMING and FINE ARTS DEPARTMENTS, ENCOURAGE THE PARTICIPATION of MANY OTHER UNIVERSITY DISCIPLINES, and BRING TOGETHER THE CAMPUS and THE LARGER COMMUNITY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $96.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders30 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

416.59%of revenue went to mission work96.6% of expenses · Program services

2.25%of revenue went to fundraising0.5% of expenses

$431.26spent for every $100 of revenueSpending was higher than revenue this year.

12.42%of revenue went to management and office costs2.9% of expenses

$0.32in assets for every $1 spent this yearSome assets cannot be spent right away.

86.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $10,501,236 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $59,720 for DAVID M BRASHEAR (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$3,170,049

Mission workProgram services$13,206,200416.59% of revenue96.6% of expenses

ManagementOffice and general costs$393,87012.42% of revenue2.9% of expenses

FundraisingAsking for donations$71,2152.25% of revenue0.5% of expenses

Total expenses$13,671,285431.26% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 96.6% mission · 2.9% management · 0.5% fundraisingTotal expenses: 431.26% of revenue

2023Expense mix: 18.6% mission · 53.2% management · 28.2% fundraisingTotal expenses: 9.23% of revenue

2022Expense mix: 9.1% mission · 64.9% management · 26.0% fundraisingTotal expenses: 25.21% of revenue

2021Expense mix: 21.1% mission · 54.2% management · 24.6% fundraisingTotal expenses: 27.82% of revenue

2020Expense mix: 57.4% mission · 36.3% management · 6.2% fundraisingTotal expenses: 56.03% of revenue

2019Expense mix: 55.2% mission · 38.7% management · 6.1% fundraisingTotal expenses: 84.31% of revenue

2018Expense mix: 66.5% mission · 33.5% management · 0.0% fundraisingTotal expenses: 87.76% of revenue

2017Expense mix: 95.3% mission · 4.5% management · 0.3% fundraisingTotal expenses: 93.95% of revenue

Money in and money out

Revenue$3,170,049

Expenses$13,671,285

Annual shortfall $10,501,236 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$13,206,200 · 96.6% of expenses

Management and office costs$393,870 · 2.9% of expenses

Fundraising$71,215 · 0.5% of expenses

See all reported dollar amounts

Revenue$3,170,049

Expenses$13,671,285

Assets$4,309,057

Income$5,134,327

Contributions$2,750,995

Mission work (program services)$13,206,200

Fundraising$71,215

Management and general$393,870

Stocks and bonds$1,147,562

Accounting fees$39,805

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

DAVID M BRASHEARPRESIDENT · 10 hrs/week $59,720Base · Other $59,720

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (30)

DAVID M BRASHEARPRESIDENT

JAMES D PENNYTRUSTEE

TJ CARDWELLSECRETARY

TINA NOVOGRATZTRUSTEE

THOMAS W GILLMANCHAIR

SUSAN S CARRONTRUSTEE

STEPHANIE TUTTLETRUSTEE

PENNY MEREDITHTRUSTEE

PAULA MOORADIANTRUSTEE

MARI ANN BANKSTRUSTEE

LEANNE D KURLANDTRUSTEE

KATHLEEN M RINGTRUSTEE

JUDITH FOREHAND STARKEYVICE CHAIR

JOSEPH L MUSCARELLETRUSTEE

JANE Y SPURLINGTRUSTEE

JANE KAPLANTRUSTEE

ANN CRITCHFIELDTRUSTEE

HELEN B REVELEYTRUSTEE

GRANT HAGENTREASURER

ELIZABETH W DELKTRUSTEE

ELAINE S MCBETHTRUSTEE

DAWN EDMISTONTRUSTEE

DAVID CRANKTRUSTEE

DANIEL A DUTCHERTRUSTEE

CHRISTINE C ROWLANDTRUSTEE

CARRIE O GARLANDTRUSTEE

BRITT H VAN DEUSENTRUSTEE

BETSY C ANDERSONTRUSTEE

BETSY HANLONTRUSTEE

ANN B MILLIMANTRUSTEE

About this charity

Recognized since: January 2014
Location: PO BOX 8795, WILLIAMSBURG, VA 23187-8795
County: Williamsburg (city)
In care of: % AARON DE GROFT PHD
Primary officer: DAVID M BRASHEAR, DIRECTOR

How to reach them

WebsiteVisit the charity’s website Phone(757) 221-2717

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: PBMARES LLP
NTEE classification: Single Organization Support (A11)
IRS tax category: Single Organization Support