National Baseball Hall Of Fame And Museum Inc

Organization Overview

National Baseball Hall Of Fame And Museum Inc is located in Cooperstown, NY. The organization was established in 1937. 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, National Baseball Hall Of Fame And Museum Inc employed 211 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Baseball Hall Of Fame And Museum Inc 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 12/2020, National Baseball Hall Of Fame And Museum Inc generated $13.9m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $11.4m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

THE NATIONAL BASEBALL HALL OF FAME AND MUSEUM IS A NOT-FOR-PROFIT EDUCATIONAL INSTITUTION DEDICATED TO FOSTERING AN APPRECIATION OF THE HISTORICAL DEVELOPMENT OF THE GAME OF BASEBALL AND ITS IMPACT ON OUR CULTURE BY COLLECTING, PRESERVING, EXHIBITING, AND INTERPRETING ITS COLLECTIONS FOR A GLOBAL AUDIENCE, AS WELL AS HONORING THOSE WHO HAVE MADE OUTSTANDING CONTRIBUTIONS TO OUR NATIONAL PASTIME.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE OTHROUGH ITS MISSION, THE MUSEUM IS COMMITTED TO: COLLECTING, THROUGH DONATION, BASEBALL ARTIFACTS, WORKS OF ART, LITERATURE, PHOTOGRAPHS, MEMORABILIA AND RELATED MATERIALS WHICH FOCUS ON THE HISTORY OF THE GAME OVER TIME, ITS PLAYERS, AND THOSE ELECTED TO THE HALL OF FAME. PRESERVING THE COLLECTIONS BY ADHERING TO PROFESSIONAL MUSEUM STANDARDS WITH RESPECT TO CONSERVATION AND MAINTAINING A PERMANENT RECORD OF HOLDINGS THROUGH DOCUMENTATION, STUDY, RESEARCH, CATALOGING AND PUBLICATION. EXHIBITING MATERIAL IN PERMANENT GALLERY SPACE, ORGANIZING ON-SITE CHANGING EXHIBITIONS ON VARIOUS THEMES, WITH WORKS FROM THE HALL OF FAME COLLECTIONS OR OTHER SOURCES, WORKING WITH OTHER INDIVIDUALS OR ORGANIZATION TO EXHIBIT LOANED MATERIAL OF SIGNIFICANCE TO BASEBALL AND PROVIDING RELATED RESEARCH FACILITIES. INTERPRETING ARTIFACTS THROUGH ITS EXHIBITION AND EDUCATION PROGRAMS TO ENHANCE AWARENESS, UNDERSTANDING AND APPRECIATION OF THE GAME FOR A DIVERSE AUDIENCE. HONORING, BY ENSHRINEMENT, THOSE INDIVIDUALS WHO HAD EXCEPTIONAL CAREERS, AND RECOGNIZING OTHERS FOR THEIR SIGNFICANT ACHIEVEMENTS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Mlb Network Llc
Production Services
$300,000
Patterson Belknap Webb & Tyler Llp
Legal Services
$253,290
Kpmg Llp
Accounting/tax Services
$114,600
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$2,360
Related organizations$0
Government grants $1,788,420
All other contributions, gifts, grants, and similar amounts not included above$7,653,790
Noncash contributions included in lines 1a–1f $53,015
Total Revenue from Contributions, Gifts, Grants & Similar$9,444,570
Total Program Service Revenue$2,875,904
Investment income $572,607
Tax Exempt Bond Proceeds $0
Royalties $472,678
Net Rental Income $0
Net Gain/Loss on Asset Sales $36,110
Net Income from Fundraising Events -$13,231
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $4,981
Miscellaneous Revenue$0
Total Revenue $13,912,990

Grants Recieved

Over the last fiscal year, we have identified 19 grants that National Baseball Hall Of Fame And Museum Inc has recieved totaling $3,283,119.

Awarding OrganizationAmount
Major League Baseball Charities Inc

New York, NY

PURPOSE: GENERAL PURPOSE

$2,000,000
Tull Fam Foundation

Chicago, IL

PURPOSE: BASEBALL EDUCATION

$1,000,000
Saul Steinberg Foundation

New York, NY

PURPOSE: DONATION OF ARTWORK TO BE DISPLAYED.

$113,800
Schwab Charitable Fund

San Francisco, CA

PURPOSE: ARTS, CULTURE & HUMANITIES

$26,877
Scriven Foundation

New York, NY

PURPOSE: WEBSITE UPDATE AND RELAUNCH

$25,000
Byer Foundation

San Francisco, CA

PURPOSE: CHARITABLE DONATION

$25,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$31,309,812
Earnings$3,378,636
Admin Expense$245,846
Net Contributions$4,465,726
Ending Balance$38,908,328

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