New York City Police Museum
- Assets
- $1.2m
- Revenue
- $21.1k
- Investments
- $0.0
- Employees
- 3
- Location
- New York, NY
- Founding
- 07/1998
- Data as of
- 06/2024
- EIN
- 13-4000578
Organization Overview
New York City Police Museum is located in New York, NY. The organization was established in 1998. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2024, New York City Police Museum employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New York City Police Museum 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 06/2024, New York City Police Museum generated $21.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (19.5%) each year. All expenses for the organization totaled $75.2k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (14.7%) per year over the past 9 years. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS DEDICATED TO PRESERVING THE HISTORY OF THE NEW YORK CITY POLICE DEPARTMENT. THROUGH ITS EXHIBITIONS, COLLECTIONS, AND EDUCATIONAL PROGRAMMING, THE MUSEUM ILLUSTRATES HOW THE POLICIES AND CULTURE OF THE NYPD HAVE EVOLVED OVER TIME TO MEET THE CHANGING NEEDS OF THE CITY. THE MUSEUM SERVES AS AN EDUCATIONAL INSTITUTION, LIVING MEMORIAL, AND BRIDGE OF UNDERSTANDING BETWEEN THE VARIOUS COMMUNITIES OF NEW YORK, THE INTERNATIONAL COMMUNITY AND THE NEW YORK CITY POLICE DEPARTMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COLLECTION MANAGEMENT SECTION OF PROGRAM SERVICES MAINTAINS, UPDATES AND ORGANIZES NEW AND EXISTING COLLECTIONS, WHICH TRACE THE HISTORY OF LAW ENFORCEMENT FROM ITS EARLIEST BEGINNINGS TO TODAY'S MODERN POLICE FORCE. THE MUSEUM SYSTEM HAS BEEN CUSTOMIZED SO THAT THE DATABASE, CATALOGUING AND DIGITALIZATION COLLECTIONS MEETS ITS SPECIFIC NEEDS. THE COLLECTION AND ARCHIVES COMPRISE THE MOST COMPREHENSIVE COLLECTION OF NYC POLICE DEPARTMENT MEMORABILIA IN EXISTENCE THAT CAN BE MADE ACCESSIBLE TO THE PUBLIC FOR RESEARCH AND EDUCATIONAL PURPOSES.
THE EDUCATION SECTION OF PROGRAM SERVICES PROVIDES INNOVATIVE AND INTERACTIVE PROGRAMMING FOR CHILDREN, FAMILIES AND ADULTS OF ALL AGES. THESE ENGAGE VISITORS WITH THE HISTORY OF NEW YORK, THE HISTORY OF THE NYPD AND THE ROLE OF POLICE IN NEW YORK CITY IN A FUN, INFORMAL ENVIRONMENT. PROGRAMS FOR SCHOOLS, COMMUNITY ORGANIZATIONS AND CAMP GROUPS ARE HELD THROUGHOUT THE YEAR WHICH INCLUDE HANDS-ON ACTIVITIES.
THE EXHIBITION SECTION OF PROGRAM SERVICES PROVIDES TO THE PUBLIC EXHIBITS WHICH DEPICT THE HISTORY OF POLICE IN NEW YORK, THE TOOLS POLICE USE AND HOW POLICING HAS CHANGED SINCE 9/11. THE EXHIBITIONS ALSO SERVE AS A MEMORIAL TO THE OFFICERS WHO RISK THEIR LIVES EVERY DAY TO KEEP US SAFE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Cronin Executive D | Officer | 7 | $21,540 |
Veronica Willis Deputy Director | Officer | 7 | $16,380 |
Carol Safir Trustee | Trustee | 5 | $0 |
Brian Waterman Trustee | Trustee | 5 | $0 |
John A Flynn Trustee | Trustee | 5 | $0 |
Patrick E Kelleher Trustee | Trustee | 3 | $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 | $500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $500 |
| Total Program Service Revenue | $0 |
| Investment income | $57,067 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $136 |
| 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 | -$10,560 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $21,135 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $37,920 |
| Compensation of current officers, directors, key employees. | $24,648 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,905 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,506 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,899 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $220 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,282 |
| All other expenses | $450 |
| Total functional expenses | $75,208 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,727 |
| Savings and temporary cash investments | $185,146 |
| Pledges and grants receivable | $0 |
| 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 | $75,298 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $910,340 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,207,511 |
| Accounts payable and accrued expenses | $8,725 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $118,235 |
| Total liabilities | $126,960 |
| Net assets without donor restrictions | $935,551 |
| Net assets with donor restrictions | $145,000 |
| 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 | $1,207,511 |