Maymont Foundation FY2022 filing

Tax-deductible

Richmond, VA501(c)(3)Since 1947Arts & CultureEIN 54-6039788Revenue $5.4M in FY2022

On file with the IRSmaymont.org1000 Westover Rd, 23220-6624 · Richmond, VATax-exempt since Jun 1959Publicly supported charity — 170(b)(1)(A)(vi)

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The Maymont Foundation is committed to creating experiences that delight, educate and inspire.

501(c)(3) charity; gifts are tax-deductible.
76¢ of each $1 spent went to programs.
$174K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2022 · Form 990-TIndependent: 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
FY2025
latest Form 990-T
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $625K a year · 10% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
76%
of spending
Looks good: 76% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$174K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 3.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $345K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$717K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
30
of 30 voting members
Looks good: 30 of 30 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.4M
+0.3% vs prior year
Spent
$6.5M
To programs
76%
Net assets
$34.0M
By yearFY2020–FY2025
Revenue
$5.4M
FY2022+0.3%
Tap a bar for its year
Revenue by fiscal year
FY2020$4.0M
FY2021$5.4M
FY2022$5.4M
FY2023$6.0M
FY2024$7.1M
FY2025$10.8M
Expenses
$6.5M
FY2022▲ +26%
Tap a bar for its year
Expenses by fiscal year
FY2020$5.7M
FY2021$5.1M
FY2022$6.5M
FY2023$8.0M
FY2024$8.6M
FY2025$8.6M
Net assets
$34.0M
FY2022▼ -9%
Tap a bar for its year
Net assets by fiscal year
FY2020$32.9M
FY2021$37.4M
FY2022$34.0M
FY2023$33.8M
FY2024$34.9M
FY2025$39.0M

From the FY2022 Form 990 (year ending June 2022) · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1959.

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

Where the money goes

76 cents of each dollar spent went to programs.

Program services 76% · $4.9M Management & general 13% · $828K Fundraising 11% · $726K

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

33 people listed on the 990-T; $174K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Executive Director
$174,386Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

C Parke Richeson’s $203K as Executive Director is at the 17th 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 · 5 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
C Parke Richeson$203,085$203,005$182,517$174,386$182,214$168,031
Thomas Zydel$109,203$142,668$121,394———
Christine Webb$127,148$130,464$114,791———
Daniel Vetter$109,270$107,513————
Anne Dubois—————$101,577

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.

See Maymont Foundation executive salaries →

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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

Creates delightful, educational, and inspiring experiences for visitors.

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Provided by the organization

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3 programs · $4.9M · in their own filed words · FY2021
01

The robins nature center, maymont farm, and wildlife habitats provide environmental, natural, and wildlife education through community programs, summer camps, and school programming. The robins nature center highlights the ecology of the james river and offers experiences in natural history of the area and environmental stewardship to…

$2.1Mprogram expense
02

Maymont's 100 acres are open daily and serve over 800,000 visitors annually through the formal gardens, a historic house museum, outbuildings and an arboretum. Maymont's house museum draws thousands of visitors annually and provides community and public historic programming through guided and audio tours.

$1.6Mprogram expense
03

Maymont's outdoor engagement and enrichment on the expansive grounds attracts more than 50,000 community members annually for various art, cultural, and music events. Maymont's signature autumn event, garden glow, illuminates the grounds and transforms the historic architecture and gardens into a magical and inspiring experience for…

$1.2Mprogram 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 · FY2025
4g FoundationFY2025$240K
Total grants receivedfrom 3 funders$345K
See all 3 funders →

By the numbers

The FY2022 990-T, line by line.

1The main four
Money in
$5.4M
Gifts and grants$3.7M
Fees for services$1.2M
Other income$468K
Money out
$6.5M
Programs$4.9M
Management$828K
Fundraising$726K
Owns and owes
$34.0M
net assets
Cash and savings$2.1M
Total assets$34.7M
Liabilities$717K
People
33
listed
Paid1
Voting board30
Independent30
2In more detail
Revenue in detail
Gifts and grants$3.7M
Government grants$1.8M
Fees for services$1.2M
Investment income$97K
Other income$468K
Total revenue$5.4M
Assets in detailEnd of year
Cash and savings together$2.1M
Total assets$34.7M
Liabilities$717K
Net assets$34.0M
Operations
Employees100
Volunteers1,226
Fiscal year endsJune
Conflict-of-interest policyYes
Whistleblower policyYes
Records policyYes

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $10.8M$8.6M$2.2M$39.0M 990 PDF
FY2024 $7.1M$8.6M−$1.5M$34.9M 990 PDF
FY2023 $6.0M$8.0M−$2.0M$33.8M 990 PDF
FY2022 Viewing $5.4M$6.5M−$1.1M$34.0M 990 PDF
FY2021 $5.4M$5.1M$277K$37.4M 990 PDF
FY2020 $4.0M$5.7M−$1.7M$32.9M 990 PDF

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Schedules filed Part IV

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

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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