George Washington valued fiscal responsibility in all his business ventures. The Mount Vernon Ladies’ Association carries on this timeless tradition of responsible spending and engages in robust fundraising.
We are proud to have spent 82 cents of every dollar received directly on programs connected to our mission, including historic preservation and collections initiatives, educational outreach efforts, and enhancements to the guest experience.
Your contributions are put to work. Although the costs of doing business continue to rise, in 2020 we allocated just 9 percent of the funds we raise to inspire more generous citizens to support our mission. Thanks to our conservative financial management, our administrative costs accounted for a mere 9 percent of our total expenditures.
Our 2020 audited financial statements are available at mountvernon.org/about or by request from our Finance Department.
$39,300,000
Endowment: $208 million
Unrestricted Contributions $12.1 M
Restricted Contributions $9.5 M
Admissions $3.6 M
Product & Food Sales $5.4 M
Endowment Support $8.1 M
Other $.6 M
Total Income $39.3 M
$37,900,000(excluding depreciation)
Education $18.1 M
Preservation & Collections $12.8 M
Program Expenses $30.9 M
Management & General $3.5 M
Fundraising $3.5 M
Total Expenses $37.9 M