Loudoun Museum INC: Nonprofit Profile, Financials & Form 990 (EIN 54-1226363)

Revenue by fiscal year
FY2021	$218K
FY2022	$302K
FY2023	$197K
FY2024	$287K
FY2025	$365K

Expenses by fiscal year
FY2021	$217K
FY2022	$236K
FY2023	$156K
FY2024	$287K
FY2025	$320K

Net assets by fiscal year
FY2021	$313K
FY2022	$378K
FY2023	$420K
FY2024	$419K
FY2025	$475K

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 1983.

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

Where the money goes

69 cents of each dollar spent went to programs.

69%

17%

14%

Program services 69% · $219K Management & general 17% · $55K Fundraising 14% · $46K

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

Something off? Claim to add context

Who runs it and what they're paid

10 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII

Sharon Virts

President

$0Pt VII · Sec A

Anne Champlain

Trustee

$0Pt VII · Sec A

Sally Travis

Treasurer

$0Pt VII · Sec A

Omari Faulkner

Trustee

$0Pt VII · Sec A

Vivian Lewis

Vice President

$0Pt VII · Sec A

Todd Pearson

Trustee

$0Pt VII · Sec A

David Kersey

Trustee

$0Pt VII · Sec A

Terri Minchew

Secretary

$0Pt VII · Sec A

See Loudoun Museum INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2No
Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Preserves and shares Loudoun's culture and history through discovery and interpretation.

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1 program · $219K · in their own filed words · FY2024

01

Discover, Conserve, Interpret and disseminate knowledge of Loudouns Culture and History.

$219Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record

Grants received · FY2024

Community Foundation for Loudoun and Northern Fauquier CountiesFY2024$8K

Virts Miller FoundationFY2024$5K

The Rust FoundationFY2024$500

Total grants receivedfrom 3 funders$13K

See all 3 funders →

By the numbers

The FY2025 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$365K

Ln 12

Gifts and grantsLn 1h$338K

Investment incomeLn 3$21K

Fees for servicesLn 2g$6K

Money outPt IX

$320K

Ln 25

Programscol B$219K

Managementcol C$55K

Fundraisingcol D$46K

Owns and owesPt X

$475K

net assets · Ln 32

Cash and savingsLn 1–2$120K

Total assetsLn 16$480K

LiabilitiesLn 26$5K

PeoplePt VI, VII

10

listed · VII A

PaidVII A0

Voting boardVI 1a10

IndependentVI 1b10

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$338K

Government grantsLn 1e$195K

Noncash giftsLn 1g$29K

Fundraising eventsLn 1c$103K

Fees for servicesLn 2g$6K

Investment incomeLn 3$21K

Other incomeLn 4–11$1K

Gains on assetsLn 7$4K

Total revenueLn 12$365K

Assets in detailPt X, end of year

CashLn 1$120K

Cash and savings togetherLn 1–2$120K

Inventories for sale or useLn 8$13K

Land, buildings, equipmentLn 10c$20K

InvestmentsLn 11–13$328K

Total assetsLn 16$480K

LiabilitiesLn 26$5K

Net assetsLn 32$475K

OperationsPt I, VI

EmployeesI 54

VolunteersI 625

Fiscal year endsHeaderJune

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13Yes

Records policyVI 14No

3More from this return

Abroad and in kindSch F, M

Noncash gifts receivedSch M Pt I$29K

4Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY25	End FY25
Cash and savingsLn 1–2	$85K	$120K
InvestmentsLn 11–13	$299K	$328K
Land, buildings, equipmentLn 10c	$22K	$20K
Total assetsLn 16	$420K	$480K
LiabilitiesLn 26	$948	$5K
Net assetsLn 32	$419K	$475K

5Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Other salaries and wagesLn 7	$191K	$107K	$42K	$42K
Payroll taxesLn 10	$15K	$8K	$3K	$3K
Accounting feesLn 11c	$8K	$0	$8K	$0
Other fees for servicesLn 11g	$3K	$3K	$364	$364
Advertising and promotionLn 12	$3K	$3K	$0	$0
Office expensesLn 13	$10K	$10K	$0	$0
OccupancyLn 16	$16K	$16K	$0	$0
Depreciation, depletion and amortizationLn 22	$3K	$3K	$0	$0
InsuranceLn 23	$7K	$7K	$0	$0
Other expenses (24a–d)Ln 24	$32K	$32K	$0	$0
All other expensesLn 24e	$31K	$30K	$1K	$0
Total functional expensesLn 25	$320K	$219K	$55K	$46K

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 Latest ViewingFiled with the IRS Nov 17, 2025	$365K	$320K	$45K	$475K	990 PDF
FY2024Filed with the IRS Apr 22, 2025	$287K	$287K	−$649	$419K	990 PDF
FY2023Filed with the IRS Nov 14, 2023	$197K	$156K	$41K	$420K	990 PDF
FY2022Filed with the IRS Nov 14, 2022	$302K	$236K	$65K	$378K	990 PDF
FY2021Filed with the IRS Nov 11, 2021	$218K	$217K	$2K	$313K	990 PDF

Schedules filed Part IV

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

See the full FY2025 990 (6 parts)

Part I · Summary $365,365 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $273,057$337,508

I-9 Program service revenuePrior year $7,700$6,149

I-10 Investment incomePrior year $5,905$20,504

I-11 Other revenuePrior year $106$1,204

I-12 Total revenuePrior year $286,768$365,365

I-13 Grants and similar amounts paid$0

I-14 Benefits paid to members$0

I-15 Salaries and benefitsPrior year $184,574$205,362

I-16a Professional fundraising fees$0

I-17 Other expensesPrior year $102,843$114,529

I-18 Total expensesPrior year $287,417$319,891

I-19 Revenue less expensesPrior year −$649$45,474

Part VI · Governance 10 of 10 board members independent, 1 to look at

VI-1a Voting members of the governing body10

VI-1b Independent voting members10

VI-14 Document retention and destruction policyNo

VI-2 Family or business relationship among officers or directorsNo

VI-12a Written conflict of interest policyYes

VI-13 Written whistleblower policyYes

VI-15a Process for setting top official's payYes

Part VIII · Statement of revenue $365,365 across 9 lines filed

Lines not itemized here account for $1,204 of total revenue; see the IRS return.

VIII-1c Fundraising events$103,334

VIII-1e Government grants$195,000

VIII-1f All other contributions, gifts and grants$39,174

VIII-1g Noncash contributions (included above)$29,270

VIII-1h Total contributions, gifts and grants$337,508

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$6,149

VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $0$16,171

VIII-7 Net gain or loss on sales of assetsRelated to mission $4,333 · Unrelated business $0 · Excluded from tax $0$4,333

VIII-12 Total revenueRelated to mission $27,857 · Unrelated business $0 · Excluded from tax $0$365,365

Part IX · Statement of functional expenses $319,891 across 11 lines filed

IX-7 Other salaries and wagesPrograms $106,830 · Management $41,969 · Fundraising $41,969$190,768

IX-10 Payroll taxesPrograms $8,172 · Management $3,211 · Fundraising $3,211$14,594

IX-11c Accounting feesPrograms $0 · Management $8,430 · Fundraising $0$8,430

IX-11g Other fees for servicesPrograms $2,684 · Management $364 · Fundraising $364$3,412

IX-12 Advertising and promotionPrograms $2,985 · Management $0 · Fundraising $0$2,985

IX-13 Office expensesPrograms $10,392 · Management $0 · Fundraising $0$10,392

IX-16 OccupancyPrograms $15,690 · Management $0 · Fundraising $0$15,690

IX-22 Depreciation, depletion and amortizationPrograms $2,605 · Management $0 · Fundraising $0$2,605

IX-23 InsurancePrograms $7,253 · Management $0 · Fundraising $0$7,253

IX-24 Other expenses (24a–d)Programs $32,293 · Management $0 · Fundraising $0$32,293

IX-24e All other expensesPrograms $30,323 · Management $1,146 · Fundraising $0$31,469

IX-25 Total functional expensesPrograms $219,227 · Management $55,120 · Fundraising $45,544$319,891

Part X · Balance sheet $480,184 assets, 12 lines filed

X-1 Cash, non-interest-bearingStart of year $85,182$120,156

X-8 Inventories for sale or useStart of year $13,601$12,900

X-10c Land, buildings and equipment, netStart of year $21,871$19,557

X-11 Publicly traded securitiesStart of year $299,447$327,571

X-14 Intangible assetsStart of year $0$0

X-16 Total assetsStart of year $420,101$480,184

X-17 Accounts payable and accrued expensesStart of year $278$293

X-19 Deferred revenueStart of year $670$4,702

X-26 Total liabilitiesStart of year $948$4,995

X-27 Net assets without donor restrictionsStart of year $419,153$475,189

X-32 Total net assets or fund balancesStart of year $419,153$475,189

X-33 Total liabilities and net assetsStart of year $420,101$480,184

Part XI · Reconciliation of net assets $475,189 net assets at year end

XI-1 Total revenue$365,365

XI-2 Total expenses$319,891

XI-3 Revenue less expenses$45,474

XI-4 Net assets at start of year$419,153

XI-5 Net unrealized gains (losses) on investments$10,272

XI-9 Other changes in net assets$290

XI-10 Net assets at end of year$475,189

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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Loudoun Museum INC

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Loudoun Museum INC

Funders

Grants

By the numbers

Filing history

Schedules filed Part IV