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Colonnade Club of the University of Virginia

EIN 54-0177950 · Charlottesville, VA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood89 out of 100GovernanceGood74 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PROMOTE SOCIAL AND INTELLECTUAL EXCHANGE AMONG FACULTY IN SUPPORT OF UNIVERSITY OF VIRGINIA MISSION.

Income
$1.0 million
Spending
$1.1 million
Spent on programs
71%
Reserves
13.5 months of spending
Largest source of income
fees for its services, 96%
Employees
21

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 89 out of 100.

  • Reserves

    35 of 35

    Spendable reserves would cover 13.5 months of spending.

  • Debt

    20 of 20

    It owes 14% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 12% of income.

  • Income trend

    15 of 15

    Income rose 1% on the year before.

  • Spending floor

    15 of 15

    71% of spending went to programs and raising each dollar of donations cost 11 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 74 out of 100.

  • Independent board

    25 of 25

    5 of 5 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Independent check of accounts

    0 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $73,951 spent. (40) MEMBER EVENTS INCLUDING VIRTUAL AND IN-PERSON FORMATS. INCLUDES: OPENINGS, NEW FACULTY, JOHN EDWIN MASON, GREENCROFT, COMMON HOUSE, CORNERSTONE, TAILGATING EVENTS, OKTOBERFEST, HAZEY MOUNTION, SHE SAID SHE SAID, POTTERS, PUMPKIN CARVING EVENT, FAMILY EVENTS AND BRUNCH, SPRING SOCIAL EVENTS, MLK-BLACK MUSEUM & CCVA, SYMPHONY, WATCH PARTY, WINE GUILDS AND NUMEROUS OTHER EVENTS THROUGHOUT THE YEAR.
  2. $172,463 spent. COFFEE, TEA, AND PERIODICALS ARE OFFERED TO THE MEMBERS IN THE CLUB TO FACILITATE SOCIAL AND INTELLECTUAL EXCHANGE AMONG MEMBERS.
  3. $550,699 spent. MEMBERS ARE ABLE TO RENT FACILITIES FOR DEPARTMENT MEETINGS AND OTHER EVENTS TO FURTHER THE ORGANIZATION'S PURPOSE. RENTAL OPTIONS INCLUDE BANQUET SPACE, BOTH INSIDE AND ON THE PATIO AND GARDEN AREAS, CONFERENCE ROOMS, AND GUEST ROOMS FOR OVERNIGHT STAYS.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since March 1965.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.