Newseum Inc

Organization Overview

Newseum Inc is located in Laurel, MD. The organization was established in 2006. 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. Newseum 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, Newseum Inc generated $758.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (46.4%) each year. All expenses for the organization totaled $758.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (46.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

EDUCATES THE PUBLIC ABOUT THE VALUE OF FREE PRESS & TELLS STORIES OF THE WORLD'S IMPORTANT EVENTS.

Describe the Organization's Program Activity:

THE COLLECTIONS AND VISUAL RECOURCES DEPARTMENT ACQUIRES AND MAINTAINS ARTIFACTS AND COLLECTIONS AND OVERSEES THE MANAGEMENT OF TEMPORARY AND TRAVELING EXHIBITS.


THE EXHIBIT DEVELOPMENT DEPARTMENT PROVIDES RESEARCH AND DEVELOPMENT OF EXHIBIT CONTENT FOR THE NEWSEUM, MAINTAINS DIGITIZED ELECTRONIC DATABASES, AND PRODUCES BOOKS AND OTHER PUBLICATIONS.


WIND DOWN EXPENSES RELATED TO CLOSING OF THE NEWSEUM'S MUSEUM ACTIVITIES AT 555 PENNSYLVANIA AVENUE.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Abm Janitorial Services
Janitorial Services
$310,830
Sequentur Llc
Technology Services
$363,240
Universal Protection Service Lp
Security Services
$755,570
United Rigginghutchinson Intl Corp
Rigging And Construction
$481,842
Claro Creative Studios
Rigging And Construction
$117,500
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$693,968
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$694,968
Total Program Service Revenue$63,140
Investment income $165
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 $758,273

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Newseum Inc has recieved totaling $256,904.

Awarding OrganizationAmount
Freedom Forum Inc

Laurel, MD

PURPOSE: GENERAL SUPPORT

$256,904
View Grant Recipient Profile

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