2026-01-29T14:55:44-06:00 2025-06-30 541631262 KEITER STEPHENS HURST GARY & SHREAVES 4401 DOMINION BLVD GLEN ALLEN VA 23060 990 2024-07-01 540505967 THE VALENTINE MUSEUM VALE 8046490711 1015 EAST CLAY STREET RICHMOND VA 23219 MEGHAN G HUGHES ACTING DIRECTOR 8046490711 2026-01-29 1 1 JAYME MIKA P00852731 8047470000 2026-01-29 2024 2025-03-06 01:10:19Z THE VALENTINE MEGHAN G HUGHES 1015 EAST CLAY STREET RICHMOND VA 23219 5666841 0 X THEVALENTINE.ORG X 1898 VA THE MISSION OF THE VALENTINE IS TO ENGAGE, EDUCATE AND CHALLENGE A DIVERSE AUDIENCE BY COLLECTING, PRESERVING AND INTERPRETING RICHMOND'S HISTORY. 29 29 82 12 0 0 2808402 3316240 65457 73390 888118 1173092 268350 831190 4030327 5393912 0 0 0 0 1848409 2130378 0 0 349473 1946987 1986624 3795396 4117002 234931 1276910 40860687 40864799 3322017 1491664 37538670 39373135 THE MISSION OF THE VALENTINE IS TO ENGAGE, EDUCATE AND CHALLENGE A DIVERSE AUDIENCE BY COLLECTING, PRESERVING AND INTERPRETING RICHMOND'S HISTORY. 0 0 3199281 THE VALENTINE ENGAGES THE PUBLIC IN THOUGHTFUL PROGRAMS DESIGNED TO USE HISTORY TO INFORM THE PRESENT AND TO SHAPE THE FUTURE. INTERACTIVE PROGRAMS REACH CHILDREN FROM PRE-K TO HIGH SCHOOL ON SITE AND THROUGH OUTREACH. ADULT EDUCATION INCLUDES WALKING AND BUS TOURS, CONVERSATIONS AND OUTREACH ON RICHMOND HISTORY AND CURRENT COMMUNITY ISSUES. THEVALENTINE FREQUENTLY PARTNERS WITH OTHER COMMUNITY ORGANIZATIONS TO ENSURE RELEVANCY. THE VALENTINE USES ITS EXTENSIVE COLLECTION TO INFORM AND SUPPORT ITS PROGRAMS AND TO DEVELOP TIMELY CHANGING EXHIBITIONS. MUSEUM RESOURCES ARE USED TO SUPPORT THESE COLLECTING AND EDUCATIONAL EFFORTS. CARE OF THE COLLECTION INCLUDES THE MAINTENANCE AND OPERATON OF THE MUSEUM FACILITIES AND HISTORIC SITES, INCLUDING THE 200-YEAR-OLD WICKHAM HOUSE, A NATIONAL HISTORIC LANDMARK. 3199281 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 46 0 1 82 1 0 0 0 0 0 0 0 0 0 0 X 29 29 1 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X X X THE ORGANIZATION 8046490711 1015 EAST CLAY STREET RICHMOND VA 23219 ROBERT A ANGLE TRUSTEE 2.00 X 0 0 0 ADAM F BURCH TRUSTEE 2.00 X 0 0 0 JOI TAYLOR DEAN TRUSTEE 2.00 X 0 0 0 SHIRLEY GIBSON TRUSTEE 2.00 X 0 0 0 BRAD JONES JR TRUSTEE 2.00 X 0 0 0 JUSTIN KNIGHT TRUSTEE 2.00 X 0 0 0 REILLY MONROE TRUSTEE 2.00 X 0 0 0 CHRYSTAL NEAL TRUSTEE 2.00 X 0 0 0 PAULA P PANDO TRUSTEE 2.00 X 0 0 0 KYLE QUEARRY TRUSTEE 2.00 X 0 0 0 LEA RASMUSSEN TRUSTEE 2.00 X 0 0 0 SUSAN F ROBERTSON TRUSTEE 2.00 X 0 0 0 TOM ROSENTHAL TRUSTEE 2.00 X 0 0 0 TANYA J ROSS TRUSTEE 2.00 X 0 0 0 PAMELA ROYAL TRUSTEE 2.00 X 0 0 0 DAVID T RYAN TRUSTEE 2.00 X 0 0 0 P2 SANDHU TRUSTEE 2.00 X 0 0 0 TRACY KEMP STALLINGS TRUSTEE 2.00 X 0 0 0 ANNE KENNY URBAN TRUSTEE 2.00 X 0 0 0 SHAREEMA WILLIAMS TRUSTEE 2.00 X 0 0 0 ELIZABETH DOLAN WRIGHT TRUSTEE 2.00 X 0 0 0 JEFFREY S WROBEL SR TRUSTEE 2.00 X 0 0 0 SCOTT R WARREN EX. OFFICIO 2.00 X 0 0 0 WILLIAM J MARTIN DIRECTOR 40.00 X 146838 0 5291 TEE VALENTINE CHAIRMEN 2.00 X X 0 0 0 ELAINE S RYAN VICE CHAIRMAN 2.00 X X 0 0 0 J EDWARD UKROP SECRETARY 2.00 X X 0 0 0 E MASSIE VALENTINE JR TREASURER 2.00 X X 0 0 0 ALLISON C BOLYARD ASSISTANT TREASURER 2.00 X X 0 0 0 JAMES L WEINBERG ASSISTANT SECRETARY 2.00 X X 0 0 0 AUSTIN A JONES ASSISTANT SECRETARY 2.00 X X 0 0 0 DAVID B MORRIS DEPUTY DIRECTOR 40.00 X 111801 0 11952 258639 0 17243 2 0 1 0 0 248515 3067725 505413 3316240 ADMISSIONS 900099 73390 73390 73390 467404 467404 131 131 7425 92353 -84928 -84928 -84928 705688 0 705688 705688 705688 108629 157648 -49019 -49019 38635 22928 15707 15707 1009 EAST CLAY ST K-1 900099 671684 671684 SALES OF COLLECTION ITEMS 900099 248946 248946 PARKING 812930 19650 19650 9019 9019 949299 5393912 1038396 0 1039276 157649 157649 1664190 1386709 129464 148017 175333 121212 42295 11826 133206 102108 20557 10541 58149 58149 356440 277266 48053 31121 25136 22698 2188 250 41830 34690 4253 2887 263854 260437 3417 32971 19397 5194 8380 18448 4391 966 13091 464773 464773 61233 36834 24399 MISCELLANEOUS EXPENSE 267452 188527 31141 47784 EQUIPMENT MAINTENANCE 146843 125686 12055 9102 DUES AND SUBSCRIPTIONS 75550 28061 19537 27952 PRINTING 59805 32920 304 26581 114140 93572 8627 11941 4117002 3199281 568248 349473 135590 69499 1011379 554603 1506273 938560 25231 11257 41931 36874 15175 38906 12952497 8551634 4845273 4400863 21157061 22771542 20606 20606 12102168 12022089 40860687 40864799 281731 231054 2799908 1099000 240378 161610 3322017 1491664 X 17325025 18943001 20213645 20430134 37538670 39373135 40860687 40864799 X 1276910 1229239 -671684 X 0 1 X 1 0 X 2885021 3653288 6266089 2808402 3316240 18929040 2885021 3653288 6266089 2808402 3316240 18929040 51545 18877495 459922 590183 544477 511673 474960 2581215 160506 72176 191369 210812 277615 912478 22422733 490516 0.84190 0.84030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 11482183 214348 11696531 11158108 324075 11482183 10930614 227494 11158108 10724473 206141 10930614 10385435 298695 41557 1214 10724473 1.00000 0 0 161255 161255 4671188 7608607 8071101 4208694 511447 480533 30914 4400863 RIGHT-OF-USE OPERATING ASSET 120575 DUE FROM RICHMOND HISTORY GALLERY 11901514 12022089 OPERATING LEASE LIABILITIES 126208 FIDUCIARY LIABILITY 35402 161610 X PART III, LINE 1A: HISTORIC PROPERTIES CONSIST PRINCIPALLY OF THE WICKHAM HOUSE, THE EDWARD VALENTINE STUDIO, AND THE DAVIS HOUSE. EXCEPT FOR THE WICKHAM HOUSE AND DAVIS HOUSE RESTORATIONS, WHICH ARE STATED AT COST LESS ACCUMULATED DEPRECIATION, SUCH PROPERTIES, IN CONFORMITY WITH THE PRACTICE FOLLOWED BY MANY MUSEUMS, ARE STATED AT A NOMINAL VALUE.THE VALENTINE'S CONSOLIDATED FINANCIAL STATEMENTS EXCLUDE THE VALUE OF THE COLLECTION OBJECTS AND LIBRARY HOLDINGS, AND NO DETERMINATION HAS BEEN MADE AS TO AGGREGATE VALUE OF SUCH ITEMS. PURCHASES OF COLLECTIONS ITEMS ARE RECORDED AS DECREASES IN TEMPORARILY RESTRICTED NET ASSETS IF THE ASSETS USED TO PURCHASE COLLECTIONS ITEMS ARE RESTRICTED BY THE DONOR. THE VALENTINE'S CONSOLIDATED FINANCIAL STATEMENTS EXCLUDE THE VALUE OF THE COLLECTION OBJECTS AND LIBRARY HOLDINGS, AND NO DETERMINATION HAS BEEN MADE AS TO AGGREGATE VALUE OF SUCH ITEMS. PURCHASES OF COLLECTIONS ITEMS ARE RECORDED AS DECREASES IN TEMPORARILY RESTRICTED NET ASSETS IF THE ASSETS USED TO PURCHASE COLLECTIONS ITEMS ARE RESTRICTED BY THE DONOR. PART X, LINE 2: THE VALENTINE FOLLOWS THE FASB GUIDANCE FOR HOW UNCERTAIN TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, DISCLOSED AND PRESENTED IN THE CONSOLIDATED FINANCIAL STATEMENTS. THIS REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE VALENTINE'S TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE-LIKELY-THAN-NOT" OF BEING SUSTAINED "WHEN CHALLENGED OR "WHEN EXAMINED" BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD WOULD BE RECORDED AS A TAX EXPENSE AND LIABILITY IN THE CURRENT YEAR. MANAGEMENT HAS EVALUATED THE VALENTINE'S TAX POSITION AND CONCLUDED THAT THE VALENTINE HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISION OF THIS GUIDANCE. THE VALENTINE IS NOT CURRENTLY UNDER AUDIT BY ANY TAX JURISDICTION. RICHMOND HISTORY MAKERS 108629 108629 157648 108629 108629 157648 157648 -49019 0 0 0 0 0 0 0 0 0 WILLIAM J MARTIN DIRECTOR 146838 0 0 0 0 0 0 0 5291 0 152129 0 0 0 X 18 505413 NYSE 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 TEE VALENTINE AND E. MASSIE VALENTINE HAVE A FAMILY RELATIONSHIP FORM 990, PART VI, SECTION A, LINE 7A EACH ELECTED BOARD TRUSTEE SERVES FOR A TERM OF 3 YEARS COMMENCING JULY 1 OF EACH YEAR. NO TRUSTEE CAN SERVE MORE THAN TWO CONSECUTIVE 3-YEAR TERMS. THE BOARD OF THE TRUSTEES ELECTS A CHAIRMAN, A VICE CHAIRMAN, A SECRETARY AND A TREASURER. THE ELECTION TAKES PLACE AT THE LAST REGULAR MEETING OF THE FISCAL YEAR. THE NOMINEES RECEIVING THE MOST VOTES ARE DEEMED TO HAVE BEEN ELECTED. FORM 990, PART VI, SECTION A, LINE 7B AT ANY MEETING OF THE BOARD, ONE HALF OF THE VOTING MEMBERS OF THE BOARD CONSTITUTE A QUORUM FOR THE TRANSACTION OF BUSINESS. A MAJORITY VOTE OF THOSE IN ATTENDANCE AT A MEETING AT WHICH A QUORUM IS PRESENT IS THE ACT OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS SUBMITTED TO THE FINANCE COMMITTEE AND TREASURER FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE MUST LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE, IF APPROPRIATE, APPOINTS A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE DETERMINES WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE DETERMINES BY MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT MUST INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT MUST TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD REVIEWS AND MUST APPROVE EXECUTIVE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: INVESTMENT IN 1009 EAST CLAY ST -671,684.