Destroyer Escort Historical Museum

Organization Overview

Destroyer Escort Historical Museum is located in Albany, NY. The organization was established in 2002. 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 12/2021, Destroyer Escort Historical Museum employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Destroyer Escort Historical 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 12/2021, Destroyer Escort Historical Museum generated $887.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $493.4k during the year ending 12/2021. While expenses have increased by 3.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE MUSEUM IS EXCLUSIVELY EDUCATIONAL IN NATURE AND, WITHOUT LIMITATION, TO EDUCATE THE PUBLIC, ESPECIALLY THE YOUNGER GENERATIONS, OF THE SACRIFICES AND ACHIEVEMENTS OF OUR NATION'S VETERANS, TO INSTILL IN THE MUSEUM'S VISITORS A SENSE OF PRIDE, PATRIOTISM AND THE IMPORTANCE OF THE LESSONS OF HISTORY AND TO PERFORM SUCH OTHER FUNCTIONS AS ARE CUSTOMARY FOR EDUCATIONAL MUSEUMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

RESTORATION-THE PROCESS OF REFURBISHING THE SHIP TO HER JUNE 1945 CONFIGURATION, AND MAINTAINING THE VESSEL IN A SAFE, CLEAN AND AUTHENTIC CONDITION.


EDUCATION-ORIENTING VISITORS THROUGH LECTURES AND AUDIO VISUAL PRESENTATIONS, AND PROVIDING TRAINED TOUR GUIDES TO INTERPRET THE SHIP FOR THE VISITING PUBLIC. WE WRITE AND PRINT HISTORICAL PUBLICATIONS RELATING TO DESTROYER ESCORT HISTORY, AND PROVIDE OUTREACH PROGRAMS TO SCHOOLS AND CIVIC GROUPS. WE ALSO RUN A YOUTHGROUP OVERNIGHT CAMPING PROGRAM.


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Board, Officers & Key Employees

Name (title)Compensation
Timothy C Rizzuto
Executive Director
$77,864
Bartley J Costello ESQ
Chairman
$0
Anthony Esposito
President
$0
Diane Watters
Treasurer
$0
Thomas R Cline
Secretary
$0
Robert Lazar
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$28,693
Fundraising events$49,146
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$600,715
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$678,554
Total Program Service Revenue$88,070
Investment income $28,215
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $47,211
Net Income from Fundraising Events $8,818
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $31,158
Miscellaneous Revenue$0
Total Revenue $887,386

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Destroyer Escort Historical Museum has recieved totaling $21,264.

Awarding OrganizationAmount
Robert W Witter Family Foundation

Sacramento, CA

PURPOSE: SUPPORT FOR MARITIME HERITAGE GRANT

$10,000
Malesardi Family Foundation

Menands, NY

PURPOSE: DONATION

$6,000
Patrick & Shirley Campbell Foundation Inc

Pleasant Hill, CA

PURPOSE: RESTORATION AND PRESERVATION OF THE USS SLATER, DE766, NAVY DESTROYER ESCORT FROM WWII, FOR THE EDUCATION OF SOCIETY IN THE WINNING OF THE UNDERSEA WARFARE OF WORLD WAR II. FUNDS IN 2014 WENT PREDOMINANTLY TO HELP PAINT AND RENOVATE THIS HISTORICAL WARSHIP.

$2,000
Ge Foundation

Norwalk, CT

PURPOSE: MATCHING GIFTS

$1,050
The Bender Family Foundation

Albany, NY

PURPOSE: GENERAL OPERATING SUPPORT

$1,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$714
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,341,265
Earnings$139,350
Net Contributions$196,278
Ending Balance$1,676,893

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