John F Kennedy Hyannis Museum Foundation Inc
- Assets
- $901.6k
- Revenue
- $704.7k
- Investments
- $0.0
- Employees
- 10
- Location
- Hyannis, MA
- Founding
- 08/2014
- Data as of
- 12/2021
- EIN
- 20-0177247
Organization Overview
John F Kennedy Hyannis Museum Foundation Inc is located in Hyannis, MA. The organization was established in 2014. 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, John F Kennedy Hyannis Museum Foundation Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. John F Kennedy Hyannis Museum Foundation 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 12/2021, John F Kennedy Hyannis Museum Foundation Inc generated $704.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $422.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.7%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE JOHN F. KENNEDY HYANNIS MUSEUM FOUNDATION PRESERVES AND PROMOTES THE LEGACY OF PRESIDENT KENNEDY, HIS FAMILY, AND THEIR DEEP CONNECTION TO CAPE COD. JOHN F. KENNEDY HYANNIS MUSEUM IS A MULTIMEDIA EXHIBIT DESIGNED TO OPEN A WINDOW ON THE DAYS JFK SPENT ON CAPE COD; DAYS RELAXING WITH FAMILY, DAYS AS PRESIDENT OF THE UNITED SATES WHEN THE CAPE PROVIDED A TIME TO RELAX AND BE REINVIGORATED AND DAYS SPENT SAILING ON THE OCEAN TO WHICH HE WAS SO CONSTANTLY DRAWN. THE MUSEUMS EXHIBITS FEATURES VIDEOS AND PHOTOGRAPHS SPANNING THE YEARS 1934 TO 1963 AND IS ARRANGED IN THEMATIC GROUPINGS TO REFLECT JOHN F. KENNEDY, HIS FAMILY, HIS FRIENDS AND THE CAPE COD HE SO DEARLY LOVED. IN ADDITION TO PHOTOGRAPHY, A VIDEO NARRATED BY WALTER CRONKITE DEPICTS THE PRESIDENTS EXPERIENCES ON THE CAPE. SEVERAL THEMED AREAS INCLUDE CHARGED ORAL HISTORIES OF JFKS FRIENDS. KENNEDY WAS A MAN OF VIGOR, VISION, HOPE AND FAITH IN AMERICA. HE INSPIRED A GENERATION. HE WAS OUR 35TH PRESIDENT AND OUR NEIGHBOR. WE HOPE
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE JOHN F. KENNEDY MUSEUM FOUNDATIONS COLLECTIONS AND EXHIBITS COMPRISE VIDEOS AND PHOTOGRAPHS SPANNING THE YEARS 1934 TO 1963 AND IS ARRANGED IN THEMATIC GROUPINGS TO REFLECT JOHN F. KENNEDY, HIS FAMILY, HIS FRIENDS AND THE CAPE COD HE SO DEARLY LOVED. IN ADDITION TO PHOTOGRAPHY, A VIDEO NARRATED BY WALTER CRONKITE DEPICTS THE PRESIDENTS EXPERIENCES ON THE CAPE. SEVERAL THEMED AREAS INCLUDE CHARGED ORAL HISTORIES OF JFKS FRIENDS. THE COLLECTIONS ARE MAINTAINED FOR PUBLIC EXHIBITION, EDUCATION, AND RESEARCH IN FURTHERANCE OF PUBLIC SERVICE, RATHER THAN FOR FINANCIAL GAIN.
THE MUSEUM, IN THE ORDINARY COURSE OF BUSINESS, OPERATES A GIFT SHOP FOR THE BENEFIT OF THE MUSEUMS ATTENDEES. THE OPERATION OF THE GIFT SHOP CONTRIBUTES IMPORTANTLY TO ACCOMPLISHING THE ORGANIZATIONS EXEMPT PURPOSES. FURTHER, THE MERCHANDISE AVAILABLE FOR SALE IS SUBSTANTIALLY RELATED TO, AND SUPPORTS THE MUSEUMS STATED MISSION. THE GIFT SHOP PROVIDES UNIQUE PRODUCTS INSPIRED BY THE COLLECTION AND THE LEGACY OF PRESIDENT KENNEDY.
THE JOHN F. KENNEDY HYANNIS MUSEUM FOUNDATION HAS A STRATEGIC GOAL TO BRING THE EDUCATIONAL AND YOUTH PROGRAMS AND CURRICULA TO A WHOLE NEW LEVEL. THE FOUNDATION LAUNCHED A YOUTH SPEAKER SERIES IN THE 4TH QUARTER 2013 WHICH FOCUSED ON PRESENTATIONS AND PUBLIC EVENTS DIRECTED AT THE CAPE AND ISLANDS STUDENTS AS WELL AS YOUNG ADULTS.
ACCOMPLISHMENTS AND ENHANCEMENTS TO EXHIBITS AT THE MUSEUM TO BETTER TELL THE STORY OF JOHN F KENNEDY AND HIS YEARS ON CAPE COD. OVER 60,000 VISITORS TOUR THE MUSEUM EACH YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wendy K Northcross Executive Di | OfficerTrustee | 20 | $9,240 |
Mark Sexton Treasurer | OfficerTrustee | 1 | $0 |
Peter Ubertaccio President | OfficerTrustee | 1 | $0 |
Anne-Marie Litchfield Vice Preside | OfficerTrustee | 1 | $0 |
Eduardo Marti Clerk | OfficerTrustee | 1 | $0 |
Rebecca A Pierce-Merrick Emeritus | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $675 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $302,935 |
| Noncash contributions included in lines 1a–1f | $40,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $303,610 |
| Total Program Service Revenue | $400,966 |
| Investment income | $100 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $704,676 |
| 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. | $9,240 |
| Compensation of current officers, directors, key employees. | $4,620 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $77,290 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,925 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,995 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,970 |
| Office expenses | $9,476 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $83,257 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,480 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,886 |
| Insurance | $7,843 |
| All other expenses | $25,865 |
| Total functional expenses | $422,403 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $201,015 |
| Savings and temporary cash investments | $421,988 |
| 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 | $2,265 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $246,199 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $25,000 |
| Other assets | $5,089 |
| Total assets | $901,556 |
| Accounts payable and accrued expenses | $82,921 |
| 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 | $0 |
| Total liabilities | $82,921 |
| Net assets without donor restrictions | $715,333 |
| Net assets with donor restrictions | $103,302 |
| 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 | $901,556 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that John F Kennedy Hyannis Museum Foundation Inc has recieved totaling $36.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $36 |
Endowment Analysis
| Beg. Balance | $17,792 |
| Earnings | $81 |
| Net Contributions | $10,141 |
| Other Expense | $12,355 |
| Ending Balance | $15,659 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Society For The Preservation Of New England Antiquities Inc Boston, MA | $149,018,347 | $24,101,977 |
Museum Of Jewish Heritage A Living Memorial To The Holocaust New York, NY | $55,434,280 | $9,656,219 |
National Baseball Hall Of Fame And Museum Inc Cooperstown, NY | $59,891,798 | $13,912,990 |
Museum Of The City Of New York New York, NY | $66,852,822 | $13,898,529 |
Old Sturbridge Inc Sturbridge, MA | $21,603,377 | $13,063,304 |
Plimoth Patuxet Museums Inc Plymouth, MA | $39,663,068 | $8,933,676 |
Lower East Side Tenement Museum New York, NY | $36,923,048 | $8,687,426 |
Historic Deerfield Inc Deerfield, MA | $76,973,698 | $8,334,092 |
Heritage Plantation Of Sandwich Inc Sandwich, MA | $34,658,032 | $6,604,835 |
Genesee Country Museum Mumford, NY | $24,289,826 | $5,606,616 |
Fenimore Art Museum New York, NY | $63,527,114 | $3,838,046 |
Farmers Museum Inc New York, NY | $82,300,614 | $4,849,865 |