LOUDOUN MUSEUM INC Charity Report

Public IRS 990 nonprofit record

LOUDOUN MUSEUM INC

EIN 54-1226363 · Arts, Culture & Humanities (A540)

What they do

Discover, Conserve, Interpret and Disseminate Knowledge of Loudouns Culture and History.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $68.50 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 leaders10 people are listed in the latest report.

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

Money made simple

60.00%of revenue went to mission work68.5% of expenses · Program services

12.47%of revenue went to fundraising14.2% of expenses

$87.55spent for every $100 of revenueRevenue covered expenses this year.

15.09%of revenue went to management and office costs17.2% of expenses

$1.50in assets for every $1 spent this yearSome assets cannot be spent right away.

92.4%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.

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$365,365

Mission workProgram services$219,22760.00% of revenue68.5% of expenses

ManagementOffice and general costs$55,12015.09% of revenue17.2% of expenses

FundraisingAsking for donations$45,54412.47% of revenue14.2% of expenses

Revenue left after expensesReported annual surplus$45,47412.45% of revenueShown in gray on the chart

Total expenses$319,89187.55% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

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: 68.5% mission · 17.2% management · 14.2% fundraisingTotal expenses: 87.55% of revenue

2023Expense mix: 68.9% mission · 17.0% management · 14.1% fundraisingTotal expenses: 100.23% of revenue

2022Expense mix: 68.9% mission · 17.6% management · 13.5% fundraisingTotal expenses: 79.10% of revenue

2021Expense mix: 71.0% mission · 16.5% management · 12.5% fundraisingTotal expenses: 78.33% of revenue

2020Expense mix: 69.3% mission · 16.8% management · 13.9% fundraisingTotal expenses: 99.19% of revenue

2019Expense mix: 70.6% mission · 17.3% management · 12.0% fundraisingTotal expenses: 99.65% of revenue

2018Expense mix: 66.7% mission · 24.3% management · 9.0% fundraisingTotal expenses: 66.76% of revenue

2017Expense mix: 94.1% mission · 5.9% management · 0.0% fundraisingTotal expenses: 88.04% of revenue

Money in and money out

Revenue$365,365

Expenses$319,891

Annual surplus $45,474 Revenue was higher than expenses 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)$219,227 · 68.5% of expenses

Management and office costs$55,120 · 17.2% of expenses

Fundraising$45,544 · 14.2% of expenses

See all reported dollar amounts

Revenue$365,365

Expenses$319,891

Assets$480,184

Income$376,736

Contributions$337,508

Mission work (program services)$219,227

Fundraising$45,544

Management and general$55,120

Stocks and bonds$327,571

Accounting fees$8,430

People

Leadership and board

Tax year 2024

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

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (10)

ANNE CHAMPLAINTRUSTEE

BILL WILKINTRUSTEE

DAVID KERSEYTRUSTEE

LISA MOFFETTTRUSTEE

OMARI FAULKNERTRUSTEE

SALLY TRAVISTREASURER

SHARON VIRTSPRESIDENT

TERRI MINCHEWSECRETARY

TODD PEARSONTRUSTEE

VIVIAN LEWISVICE PRESIDENT

About this charity

Recognized since: January 1983
Location: 16 Loudoun Street SW, Leesburg, VA 20175
County: Loudoun
In care of: Sharon Virts
Primary officer: Sharon Virts, Chair

How to reach them

WebsiteVisit the charity’s website Emailinfo@loudounmuseum.org Phone(703) 777-7427

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: MORROW PC
NTEE classification: Arts, Culture & Humanities (A540)