Isle of Wight County Museum

Private foundation · Grantmaker Smithfield, VA EIN: 54-1877210

Isle of Wight County Museum is a private foundation focused on Arts, Culture & Humanities, based in Smithfield, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $746K in total assets. In 2024, it made $31K in qualifying distributions. Net investment income was $20K.

Key facts about Isle of Wight County Museum

EIN
54-1877210
Latest 990 filing
Form 990-PF, 2024
Total assets
$745,775

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$746K

-1.4% YoY

Revenue

$33K

-377.4% YoY

Qualifying Distributions

$31K

-56.5% YoY

Expenses

$43K

-55.6% YoY

Under IRS private-foundation payout rules, Isle of Wight County Museum reported a distributable amount of $38K for 2024 — the minimum it must pay out in qualifying distributions.

How Isle of Wight County Museum gives

  • In 2024 it paid out 81% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Smithfield

Giving Over Time

Total grant dollars and number of grants per year

$0$20$40$60$800 grants2020 0 grants2021 1 grant2022 0 grants2023 0 grants2024

In 2022 it made 1 grant totaling $75.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

1 grants across all recorded years

1<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 1 grant of 1 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$745,775$756,203$865,403
Revenue$32,765$-11,813$33,464
Expenses$43,193$97,387$50,236
Qualifying Distributions$30,522$70,103$33,757
Net Investment Income$20,173$4,522$19,523
Distributable Amount$37,552$39,943$39,990

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Isle of Wight County Museum is led by Anne Edwards, President on every filing since 2020; none of the 7 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Anne Edwards

    President

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Linda Spady

    Trustee

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Gerald Gwaltney

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Sarah Edwards

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Carolyn A. Keen

    Vice President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Diana F. Beale

    Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

  • Taylor Barlow

    Secretary

    On filings since 2020

    2 hrs/week

    No compensation reported

Former officers (5)
  • Former: Sallie Belle Benedetti (2020–2023) — Trustee
  • Former: John Brayshaw (2020–2021) — Trustee
  • Former: Melinda Poe (2020–2021) — Trustee
  • Former: Wendy Miller-Edwards (2020–2021) — Trustee
  • Former: Doris H. Gwaltney (2020) — Trustee

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Isle of Wight County Museum

How large is Isle of Wight County Museum?

Isle of Wight County Museum reported $746K in total assets on its 2024 IRS Form 990-PF. It paid out $31K in qualifying distributions that year, against a required minimum of $38K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Isle of Wight County Museum?

Isle of Wight County Museum is a private foundation focused on Arts, Culture & Humanities, based in Smithfield, VA. It holds $746K in total assets as of 2024.

Where does Isle of Wight County Museum operate?

Isle of Wight County Museum has awarded grants in Virginia.

What is Isle of Wight County Museum's EIN?

Isle of Wight County Museum's EIN (Employer Identification Number) is 54-1877210. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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