The mission is to preserve monticello and share the history and legacy of Thomas Jefferson, his family, and those he held in slavery, with a global audience.

501(c)(3) charity; gifts are tax-deductible.
74¢ of each $1 spent went to programs.
Run by 85 volunteers and 384 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $14.5M a year · 28% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
74%
of spending
Fine: 74% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$2.2M
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Named funders
9
named funders · $61K
Looks good: 9 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$43.8M
11% of total assets
Looks good: liabilities are 11% of assets; 50% or less.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$51.7M
+48% vs prior year
Spent
$41.1M
To programs
74%
Net assets
$358.9M
By yearFY2020–FY2024
Revenue
$51.7M
FY2024▲ +48%
Tap a bar for its year
Revenue by fiscal year
FY2020$60.9M
FY2021$54.0M
FY2022$56.9M
FY2023$35.0M
FY2024$51.7M
Expenses
$41.1M
FY2024▼ -3%
Tap a bar for its year
Expenses by fiscal year
FY2020$30.5M
FY2021$32.6M
FY2022$39.5M
FY2023$42.3M
FY2024$41.1M
Net assets
$358.9M
FY2024▲ +8%
Tap a bar for its year
Net assets by fiscal year
FY2020$336.6M
FY2021$357.0M
FY2022$303.2M
FY2023$331.2M
FY2024$358.9M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 1985.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

74 cents of each dollar spent went to programs.

Program services 74% · $30.3M Management & general 22% · $8.8M Fundraising 5% · $1.9M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

26 people listed on the 990; $2.2M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
President 1/1/23-1/31/23
$476,479Pt VII · Sec A
Former VP & Saunders Director
$350,000Pt VII · Sec A
Interim President 2/1 - 12/31
$239,518Pt VII · Sec A
Interim VP & CFO (as of 3/23)
$228,874Pt VII · Sec A
Director of Retail Sales
$172,857Pt VII · Sec A
Editor, Thomas Jefferson Paper
$164,487Pt VII · Sec A
Director of IT
$163,076Pt VII · Sec A
Dir, Viticulture (thru 6/23)
$150,453Pt VII · Sec A

Leslie Greene Bowman’s $476K as President 1/1/23-1/31/23 is at the 75th percentile of top reported officer pay among 749 $10–100M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2023FY2022FY2021FY2020
Leslie Greene Bowman$476,479$589,420$585,548$494,769
Andrew J O'Shaughnessy$350,000$169,320$181,309$175,666
Laura B Terry$120,112$340,330$321,615$276,268
Peter G Hallock$239,518$172,581$143,982$128,326
Christine P Barth$228,874———
Mariane a Doyle—$209,565——
Gary L Sandling—$150,072$190,556$177,777
Sharon L McElroy$172,857$148,184$151,247$137,850

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Programs and updates

Preserves Monticello and shares Jefferson's history, family, and enslaved people's stories globally.

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Provided by the organization

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2 programs · $31.5M · in their own filed words · FY2023
01

The thomas jefferson foundation operates monticello, the home of the nation's third president and author of the american declaration of independence. Over the past ten years, an average of 307,600 people have visited monticello annually.

$27.4Mprogram expense
02

The thomas jefferson foundation operates the robert h. Smith international center for jefferson studies, which houses the thomas jefferson library. The center is also devoted to education of the general public as well as scholarly research and publication, through the jefferson library, archaeological research and publication, and other…

$4.1Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
See all 9 funders →
Grants paid · 13 grants · $509K · 2020–2023
Unitemized GrantFY2023$111,000
Unitemized GrantFY2023$35,000
Unitemized GrantFY2023$29,460
Unitemized GrantFY2022$93,500
Unitemized GrantFY2022$20,000
Unitemized GrantFY2022$19,876
Unitemized GrantFY2021$82,000
Unitemized GrantFY2021$20,000
Unitemized GrantFY2020$56,000
Unitemized GrantFY2020$6,248

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$51.7M
Ln 12
Other incomeLn 4–11$33.8M
Gifts and grantsLn 1h$17.8M
Money outPt IX
$41.1M
Ln 25
Programscol B$30.3M
Managementcol C$8.8M
Fundraisingcol D$1.9M
Owns and owesPt X
$358.9M
net assets · Ln 32
Total assetsLn 16$402.7M
LiabilitiesLn 26$43.8M
PeoplePt VI, VII
26
listed · VII A
PaidVII A10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$17.8M
Other incomeLn 4–11$33.8M
Total revenueLn 12$51.7M
Assets in detailPt X, end of year
Total assetsLn 16$402.7M
LiabilitiesLn 26$43.8M
Net assetsLn 32$358.9M
OperationsPt I, VI
EmployeesI 5384
VolunteersI 685
Fiscal year endsHeaderDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $51.7M$41.1M$10.6M$358.9M 990 PDF
FY2023 $35.0M$42.3M−$7.4M$331.2M 990 PDF
FY2022 $56.9M$39.5M$17.4M$303.2M 990 PDF
FY2021 $54.0M$32.6M$21.5M$357.0M 990 PDF
FY2020 $60.9M$30.5M$30.4M$336.6M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons A · Public support O · Explanations

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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