National Veterans Memorial And Museum Operating Corporation

Organization Overview

National Veterans Memorial And Museum Operating Corporation is located in Columbus, OH. The organization was established in 2020. 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 Veterans Memorial And Museum Operating Corporation employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Veterans Memorial And Museum Operating Corporation 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 Operating Corporation generated $6.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (70.2%) each year. All expenses for the organization totaled $9.8m during the year ending 12/2021. 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

SEE SCHEDULE O

Describe the Organization's Program Activity:

Part 3 - Line 4a

MUSEUM EXHIBITIONS & OPERATIONS: DESIGNED TO EVOKE STRENGTH AND RESILIENCY FOR VETERANS AND THEIR FAMILIES, AND UNDERSTANDING AMONG CIVILIANS, WE DELIVER A MULTI-MEDIUM OF DIGITAL, INTERACTIVE AND VIRTUAL EXHIBITIONS AND ART ENCOMPASSING USES OF FUNCTIONAL PIECES LIKE FOOTLOCKERS AND STORAGE CHESTS AS AUDIO UNITS, VIDEO, INTERACTIVE VISUALS, HISTORIC MEMORABILIA AND PHOTOGRAPHY ALONGSIDE THE ARTISTIC WORK OF LOCAL AND NATIONALLY-RECOGNIZED PHOTOGRAPHERS, VIDEOGRAPHERS, AND OTHERS.TEMPORARY 2021 EXHIBITS INCLUDED SO READY FOR LAUGHTER: THE LEGACY OF BOB HOPE EXHIBITION FROM THE WORLD WAR II MUSEUM IN NEW ORLEANS, LA, MARY WHYTE'S WE THE PEOPLE: PORTRAITS OF VETERANS IN AMERICA, THE WALL THAT HEALS BY THE VIETNAM VETERANS MEMORIAL FUND, SUSAN J. BARRON'S DEPICTING THE INVISIBLE, AND HONOR365'S 9/11 EXHIBIT REMEMBERING THE ONE, REMEMBERING THEM ALL BY DANIEL VAN DER SEIJN.


EDUCATION & VETERAN OUTREACH: WE INTRODUCE AUDIENCES FROM AROUND THE COUNTRY TO A NEW EXPERIENTIAL WAY OF LEARNING AND UNDERSTANDING THE JOURNEY OF THE AMERICAN VETERAN FROM ALL BRANCHES AND ERAS OF SERVICE. EDUCATING ALL AGES ON THE HISTORY AND VALUE OF SERVICE FROM THOSE WHO SHAPED OUR NATION, OUR EDUCATION EFFORTS INCLUDE K-12 CONTENT AND CURRICULUM TAILORED TO OHIO STATE STANDARDS IN CURRICULUM, ON-SITE AND VIRTUAL TOURS, VOLUNTEER, INTERN AND FELLOWSHIP PROGRAMS, AN ACCREDITED LEADERSHIP CERTIFICATION (LCERT) PROGRAM IN PARTNERSHIP WITH OSU, AND ADDITIONAL EDUCATIONAL PROGRAMMING TO HONOR AND CONNECT THE VETERAN AND BROADER COMMUNITIES WITH INTENTIONAL EXPERIENCES THAT FOSTER STRENGTH, RESILIENCY, PERSONAL GROWTH AND SERVANT LEADERSHIP.


EVENTS: WE UNITE AUDIENCES TO HONOR VETERANS, REFLECT AND INSPIRE SERVICE IN ALL FORMS WITH OUR EVENT PANELS, WEBINARS, NATIONAL MILITARY HOLIDAYS, ANNIVERSARIES, SERVICE CELEBRATIONS,FACILITY RENTALS BY INDIVIDUALS AND GROUPS COMMITTED TO AND INTERESTED IN SUPPORTING OUR MISSION,AND MORE. OUR EVENTS, INCLUDING VETERANS DAY, MEMORIAL DAY, D-DAY AND PATRIOTS DAY TO CITE A FEW, COMMEMORATE AND PROVIDE REFLECTION ON NATIONAL HISTORY AND PERSONAL SACRIFICE IN INNOVATIVE STRATEGIES TAILORED TO EDUCATE, PROMOTE RESILIENCY, DEEPEN UNDERSTANDING OF SERVICE, AND CULTIVATE COMMUNITY IN A SUPPORTIVE ENVIRONMENT ON-SITE AND ONLINE.


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Board, Officers & Key Employees

Name (title)Compensation
Lt Gen Michael Ferriter
CEO
$487,120
William Butler
Chief Of Staff
$160,364
Jeffrey Nutter
Vp/cfo
$152,812
Candace Brady
Vp, Advancement
$146,184
Andrew Cloyd
Museum Director
$145,724
Eddie Burt
Vice Chair
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Mk Direct Marketing And Communications L
Fundraising
$116,642
Allied Universal Security Services
Security
$166,915
Ohio Equities Llc
Facility Management
$169,414
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$308,239
Fundraising events$0
Related organizations$1,884,632
Government grants $875,285
All other contributions, gifts, grants, and similar amounts not included above$2,715,374
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,783,530
Total Program Service Revenue$129,837
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $106,110
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 $18,307
Miscellaneous Revenue$0
Total Revenue $6,042,215

Grants Recieved

Over the last fiscal year, we have identified 7 grants that National Veterans Memorial And Museum Operating Corporation has recieved totaling $1,287,593.

Awarding OrganizationAmount
Columbus Foundation

Columbus, OH

PURPOSE: ARTS AND HUMANITIES

$683,536
Columbus Downtown Development Corporation

Columbus, OH

PURPOSE: GENERAL OPERATIONS.

$515,016
L Brands Foundation

Columbus, OH

PURPOSE: ARTS AND HUMANITIES

$50,000
Greater Columbus Arts Council Inc

Columbus, OH

PURPOSE: GRANTS TO PROMOTE ART AND CULTURE IN COLUMBUS

$24,000
With Honor Action Inc

Alexandria, VA

PURPOSE: GENERAL SUPPORT

$10,000
Encova Foundation Of Ohio

Columbus, OH

PURPOSE: ANNUAL OPERATIONS

$5,000
View Grant Recipient Profile

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