Pierre Claeyssens Veterans Museum And Library Foundation
- Assets
- $2.2m
- Revenue
- $176.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Barbara, CA
- Founding
- 11/2003
- Data as of
- 11/2023
- EIN
- 05-0565638
Organization Overview
Pierre Claeyssens Veterans Museum And Library Foundation is located in Santa Barbara, CA. The organization was established in 2003. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pierre Claeyssens Veterans Museum And Library Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 11/2023, Pierre Claeyssens Veterans Museum And Library Foundation generated $176.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (41.4%) each year. All expenses for the organization totaled $337.5k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR GOAL IS TO DRAW VISITORS TO THE PHENOMENAL STORY OF WORLD WAR II, AND TO GENERATE RESPECT FOR ALL VETERANS. THE STORY OF WORLD WAR II IS THE MOST IMPORTANT OF THE 20TH CENTURY, BUT ITS LASTING EFFECTS MAY NOT BE KNOWN TO CURRENT AND FUTURE GENERATIONS. IN ADDITION TO TELLING THE STORY THROUGH EXHIBITS, THE MUSEUM WILL SHOW THE IMPORTANT LESSONS AND SOCIETAL PROGRESSIONS THAT CAME FROM SUCH A DEADLY EPISODE. IT WILL SHOW HOW THE GI BILL ALLOWED VETERANS TO GO TO COLLEGE AND BUY HOMES, CREATING NEW COMMUNITIES AND BUSINESSES ALL OVER THE COUNTRY. IT WILL SHOW THE NECESSARY ADVANCEMENT OF WOMEN IN THE WORKFORCE, THE INTEGRATION OF MINORITIES INTO THE MILITARY AND THE U.N. DECLARATION OF HUMAN RIGHTS, WHICH ARE BUT A HANDFUL OF EXAMPLES OF THIS GENERATIONS EFFECT ON THE REST OF THE TWENTIETH CENTURY. STUDENTS AND VISITORS OF ALL GENERATIONS WILL COME TOGETHER TO SHARE STORIES, ASK QUESTIONS AND ULTIMATELY KNOW THE VETERANS EXPERIENCE, AND THE PAIN AND THE COST OF CONFLICT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MISCELLANEOUS PROGRAMS AND SERVICES TO PROMOTE THE MUSEUM AND VETERANS, INCLUDING THE VETERANS BALL TO WHICH 550 VETERANS AND ACTIVE DUTY PERSONNEL ATTENDED TO HEAR FROM DINNER SPEAKERS AND TO HONOR THOSE WHO HAVE SERVED AND ARE SERVING.
THE PCVF SPONSORS AND ORGANIZES VARIOUS EVENTS DURING THE YEAR THAT HONOR VETERANS INCLUDING PARADES, FLY-BYS, LUNCHEONS, MOVING WALL AND SPEAKERS FROM THE UNITED STATES, ENGLAND, CANADA, AND FRANCE. THESE EVENTS OFTEN COMMEMORATE HISTORICAL DATES IN MILITARY HISTORY INCLUDING BUT NOT LIMITED TO D-DAY, VE-DAY, ETC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lt John Blankenship Vice President | OfficerTrustee | 40 | $28,125 |
Hazel Blankenship Director | Trustee | 40 | $28,125 |
Colonel Phil Conran President | OfficerTrustee | 4 | $0 |
B General Fred Lopez Director | Trustee | 6 | $0 |
Capt Dennis Peterson Director | Trustee | 6 | $0 |
Major Jose Ramirez Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $149,917 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $149,917 |
| Total Program Service Revenue | $16,357 |
| Investment income | $171 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $9,569 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $176,014 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $8,020 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $56,250 |
| Compensation of current officers, directors, key employees. | $18,750 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,935 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,431 |
| Advertising and promotion | $31,068 |
| Office expenses | $9,113 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $90,288 |
| Travel | $742 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $27,926 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $337,516 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $192,976 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,950 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,733,078 |
| Investments—publicly traded securities | $35,322 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $3,081 |
| Other assets | $188,607 |
| Total assets | $2,156,014 |
| Accounts payable and accrued expenses | $7,264 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $9,700 |
| Secured mortgages and notes payable | $945,964 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $10,400 |
| Total liabilities | $973,328 |
| Net assets without donor restrictions | $1,182,686 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,156,014 |
Grants Awarded
Over the last fiscal year, Pierre Claeyssens Veterans Museum And Library Foundation has awarded $180,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
UCSB VETERANS RESOURCE GROUP PURPOSE: VARIOUS REASONS TO SUPPORT OTHER VETERAN ORGANIZATIONS | $80,000 |
UCSB ROTC PURPOSE: VARIOUS REASONS TO SUPPORT OTHER VETERAN ORGANIZATIONS | $100,000 |