National Veterans Memorial And Museum Foundation
- Assets
- $1.6m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Columbus, OH
- Founding
- 11/2018
- Data as of
- 12/2021
- EIN
- 82-4596922
Organization Overview
National Veterans Memorial And Museum Foundation is located in Columbus, OH. The organization was established in 2018. 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. National Veterans Memorial And Museum Foundation 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, National Veterans Memorial And Museum Foundation generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 24.5% each year . All expenses for the organization totaled $1.6m during the year ending 12/2021. 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
TO HONOR AMERICAN'S CONTRIBUTIONS TO OUR COUNTRY THROUGH MILITARY SERVICE, TO CONNECT CIVILIANS WITH VETERANS AND THEIR EXPERIENCE, TO INSPIRE VISITORS TO SERVE THEIR COMMUNITIES AND NATION AS ACTIVE ENGAGED CITIZENS, AND TO EDUCATE SCHOOL CHILDREN ABOUT THE HISTORY AND VALUE OF SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT TO RELATED ORGANIZATION IN SUPPORT OF MUSEUM OPERATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Abigail Wexner Vice Chair | OfficerTrustee | 1 | $0 |
Steve Steinour Treasurer | OfficerTrustee | 1 | $0 |
Lewis Von Thaer Chair | OfficerTrustee | 1 | $0 |
Guy Worley Secretary | OfficerTrustee | 1 | $0 |
Lt Gen Michael Ferriter CEO Of Nvmm | Officer | 5 | $0 |
Vice Admiral John Bird Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $50,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,809,371 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,859,371 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $1,859,371 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,350,013 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $175,812 |
| Advertising and promotion | $116,860 |
| Office expenses | $1,947 |
| 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 | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,644,632 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,114,893 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $495,234 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,610,127 |
| Accounts payable and accrued expenses | $30,390 |
| Grants payable | $1,067,365 |
| 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 | $1,097,755 |
| Net assets without donor restrictions | $117,139 |
| Net assets with donor restrictions | $395,233 |
| 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 | $1,610,127 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that National Veterans Memorial And Museum Foundation has recieved totaling $204,138.
| Awarding Organization | Amount |
|---|---|
Farmer Family Foundation Cincinnati, OH PURPOSE: EXEMPT PURPOSE OF ORGANIZATION | $75,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: SUPPORT | $50,000 |
Columbus Downtown Development Corporation Columbus, OH PURPOSE: BOARD MEMBERSHIP. | $50,000 |
The Wexner Family Charitable Fund New Albany, OH PURPOSE: TO HONOR AND POSITIVELY IMPACT THE LIVES OF VETERANS, THEIR FAMILIES AND COMMUNITIES THROUGH SHARING THE VETERAN EXPERIENCE. | $14,125 |
Carson Family Foundation Kildeer, IL PURPOSE: CONTRIBUTIONS ARE FOR UNRESTRICTED PURPOSES | $5,000 |
Encova Foundation Of Ohio Columbus, OH PURPOSE: ANNUAL OPERATIONS | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Brandywine Conservancy & Museum Of Art Chadds Ford, PA | $159,611,083 | $25,949,606 |
National Corvette Museum Foundation Inc Bowling Green, KY | $80,229,990 | $15,403,313 |
Eiteljorg Museum Of American Indians And Western Art Inc Indianapolis, IN | $95,582,001 | $21,664,008 |
Grand Rapids Public Museum Grand Rapids, MI | $9,797,722 | $8,206,945 |
Weitzman National Museum Of American Jewish History Philadelphia, PA | $28,897,470 | -$14,023,866 |
Kentucky Derby Museum Corporation Louisville, KY | $35,033,343 | $10,633,125 |
Kalamazoo Aviation History Museum Portage, MI | $17,581,493 | $5,451,685 |
Museum Of African American History Detroit, MI | $6,150,822 | $7,565,645 |
Independence Seaport Museum Philadelphia, PA | $22,539,825 | $3,083,203 |
Muhammad Ali Museum And Education Louisville, KY | $31,131,591 | $4,563,188 |
The Masonic Library And Museum Of Pennsylvania Philadelphia, PA | $22,455,436 | $4,692,168 |
Lake States Dairy Center Inc Fair Oaks, IN | $6,073,141 | $3,616,020 |