Skip to main content
NonprofitTruth
Arts, Culture & Humanities · 2023 Form 990

Colonial Williamsburg Foundation: $125.8M Revenue, $94.8M Program Expenses

Williamsburg, Virginia · EIN 540505888 · Filing year 2023

Colonial Williamsburg Foundation reported $125.8M in total revenue, $121.5M in total expenses, and $1.7B in total assets on its 2023 IRS Form 990. 78.0% of expenses ($94.8M) went directly to programs. Top officer compensation is not reported on this 990 filing. Overall efficiency grade: C (63/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.

C
Efficiency Score
63/100

Key Facts (2023 Form 990)

Total Revenue
$125.8M
Total Expenses
$121.5M
Program Expenses
$94.8M
Program Expense Ratio
78.0%
Total Assets
$1.7B
Reserve Months
164.7 months
EIN
540505888
Latest 990 Year
2023
Top Officer Compensation
Not reported

The composite efficiency score of 63/100 puts Colonial Williamsburg Foundation at C — neither standout nor failing. Some factors run above the median (typically program spending) while others run below (typically reserves or trend stability).

Annual revenue at Colonial Williamsburg Foundation runs $125.8M (2023), placing it among the larger U.S. nonprofits in the IRS Form 990 dataset. Colonial Williamsburg Foundation directs 80% of its expenses to programs — above the third-party-rater threshold for an efficient organization.

Revenue has declined meaningfully over the five-year filing window — a pattern that warrants attention to underlying funding sustainability. Colonial Williamsburg Foundation's 2023 revenue is materially below its earlier filings. CEO compensation is reported as zero in the filing — typical for nonprofits where the chief executive is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. Colonial Williamsburg Foundation sits in the cultural-nonprofit sector (Arts, Culture & Humanities). Museum, performing-arts, and cultural organizations carry distinctive financial patterns — earned revenue from ticket sales and admissions, plus a heavy reliance on endowment income and major donor cycles.


$125.8M
Revenue
$121.5M
Expenses
$1.7B
Total Assets
78.0%
Program Spending

How Colonial Williamsburg Foundation Compares

Colonial Williamsburg Foundation directs 78.0% of spending to programs, meeting the 65% minimum recommended by charity watchdogs. Its efficiency score of 63/100 is 6 points below the Arts, Culture & Humanities category average. The organization holds 164.7 months of operating reserves, indicating strong financial stability.

Financials

Where Your Donation Goes

$94.8M
Program Spending
78.0% of expenses
Not reported
CEO Compensation
164.7 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, for every dollar donated to Colonial Williamsburg Foundation, approximately 78.0 cents goes directly to program activities. The remaining funds cover administrative costs, fundraising, and management expenses.

Trend

Revenue History


Colonial Williamsburg Foundation has an Efficiency Score of C (63/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.

Colonial Williamsburg Foundation, Donor FAQ

Colonial Williamsburg Foundation has an Efficiency Score of C (63/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.

CEO/officer compensation for Colonial Williamsburg Foundation is not reported in the most recent IRS 990 filing on file.

Colonial Williamsburg Foundation reported $125.8M in annual revenue and $121.5M in total expenses for filing year 2023. The organization holds $1.7B in total assets.

For every dollar donated to Colonial Williamsburg Foundation, approximately 78.0 cents goes to program activities. The organization has 164.7 months of operating reserves, providing financial stability to sustain its mission.

Colonial Williamsburg Foundation is a registered 501(c) organization with EIN 540505888, based in Williamsburg, Virginia. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS 990 filings via ProPublica Nonprofit Explorer. Efficiency Scores combine program spending ratio (50%), revenue growth (20%), reserve months (20%), and CEO compensation ratio (10%). Filing data may lag 6-18 months from the tax year.