Jamestowne Society Inc

Nonprofit profile at a glance

EIN
540964184
IRS 990 coverage
2010–2024
Forms available
Form 990 2024, Form 990-N 2014
Location
Williamsburg, VA, USA
Phone
8043531226
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Arts Service Organizations and Activities

Official website

Reported finances

Revenue
$491,201
Expenses
$383,210
Assets
$2,544,491
Liabilities
$112,325

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

31 people listed

Executive titles in this filing

  • BONNIE HOFMEYER (EXECUTIVE DIRECTOR)

Highest reported compensation

  • BONNIE HOFMEYER (EXECUTIVE DIRECTOR): $62,275 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To unite descendants of jamestown settlers prior to 1700, support archaelogical excavations at jamestown, provide educational programming and publications, conserve official documents from the colonial period, and promote the significance of historic jamestowne.

What it reported doing in 2024

Jamestown rediscovery- an archaeological project of jamestown rediscovery investigating the remains of the original english settlement at jamestown established in the Virginia colony on may 14, 1607. Critical archaeology: smithfield rescue excavations- this archaeology dig is excavating one of the most threatened areas of jamestown due to climate-related challenges. Smithfield is one of the lowest elevation areas on the property and has routinely flooded due to increasing storm and tidal events. Structural footprints, burials, and thousands of artifacts have been recovered. Trial and tribulations: reinterpreting 17th-century women's history at jamestown this project resulted in four new first-person women's history programs. These living history programs examines women's property rights, and religious liberties through character-driven interpretations of specific figures like lady frances berkeley, sarah drummond, Virginia farrar, and anne fletcher.

Operating model

Revenue model
Donor-supported. 61% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 41% for direct work, and 59% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 94
  • Accountability: 82
  • Sustainability: 67
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 64.4%; rating input score 64
  • Program expense ratio: 69%; rating input score 69
  • Fundraising efficiency: $20.53 raised per $1 spent on fundraising; rating input score 58; 58th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 96.8%; rating input score 97; 26th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 22%; rating input score 76; 76th percentile among comparable filings
  • Total-asset coverage ratio: 6.64; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 33; 33rd percentile among comparable filings
  • Officer compensation ratio: 16.3%; rating input score 23; 23rd percentile among comparable filings

Growth

  • Program expense growth: 3.2% per year; rating input score 100; 45th percentile among comparable filings
  • Revenue growth: 7.3% per year; rating input score 100; 63rd percentile among comparable filings
  • Asset growth: 5.4% per year; rating input score 100; 49th percentile among comparable filings

Details

  • Where the money goes: 64.4% of revenue deployed · 69% of spending went to programs
  • Governance: 30 of 31 board members independent · 5 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $264K in reported program spending
  • Leadership: top reported pay $62K · 31 people listed
  • Consistency: 29 of 29 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 6 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 3 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • Review — Financial Efficiency: Fundraising efficiency scored 58/100.
  • High — Sustainability: Officer compensation ratio scored 23/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 33/100.