COLONIAL WILLIAMSBURG FOUNDATION
PO BOX 1776, WILLIAMSBURG, VA · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $149,379,664 | $120,073,091 | $1,310,360,434 |
| FY2023 | $125,849,831 | $121,512,920 | $1,276,566,965 |
| FY2022 | $115,308,235 | $114,045,211 | $1,274,838,129 |
| FY2021 | $164,089,192 | $111,219,023 | $1,305,006,361 |
| FY2020 | $190,574,946 | $103,260,160 | $1,111,168,790 |
| FY2019 | $199,369,731 | $117,601,021 | $1,088,954,493 |
| FY2018 | $137,870,929 | $114,198,704 | $1,064,108,966 |
| FY2017 | $127,332,259 | $132,010,749 | $1,073,145,225 |
| FY2016 | $147,976,955 | $138,893,757 | $1,038,577,086 |
| FY2015 | $158,960,050 | $138,679,564 | $1,163,211,361 |
| FY2014 | $148,779,504 | $134,217,656 | $1,196,960,906 |
| FY2013 | $139,016,488 | $131,667,349 | $1,205,218,501 |
| FY2012 | $115,094,642 | $135,981,217 | $1,100,176,533 |
| FY2011 | $118,258,295 | $133,955,573 | $1,064,796,549 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $52,134,149 | 61% |
| Program service revenue | $32,709,910 | 39% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $86,307,995 | 72% |
| Management & general | $25,033,593 | 21% |
| Fundraising | $8,731,503 | 7% |
What the numbers show
- Contributions & grants made up 61% of total revenue in FY2024.
- Program services accounted for 72% of functional expenses, management & general 21%, and fundraising 7%.
- 72% of functional expenses went to program services in FY2024. That is higher than 16% of 25 Arts, Culture & Humanities organizations in VA.
- Net assets covered about 131 months of expenses at the end of the reporting year. That puts it in the 87th percentile among 940 Arts, Culture & Humanities organizations in VA.
- Total revenue was higher than 100% of 958 Arts, Culture & Humanities organizations in VA.
- Total revenue rose from $118,258,295 in FY2011 to $149,379,664 in FY2024, Revenue increased in 7 and decreased in 6 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 3 of 14 reported years (FY2011, FY2012, FY2017).
- The highest revenue on record here is $199,369,731 in FY2019.
- Net assets grew from $1,064,796,549 to $1,310,360,434 between FY2011 and FY2024.
- Contributions and grants made up 29% of revenue in FY2011 and 35% in FY2024.
- Donations are generally tax-deductible (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
Preserve, restore, reconstruct, or otherwise maintain historical structures, objects, works of art and locations and to promote, encourage, and carry on any historical, interpretive, research, or related educational activities.
IRS status
| Ruling year | 1938 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | A800 — Arts, Culture & Humanities |
| Donations | Donations are generally tax-deductible (public charity). |
Similar organizations
- PUBLIC BROADCASTING SERVICE — ARLINGTON, VA · $696,585,777
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.