Nsm Foundation & Museum is located in New York, NY. 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. Nsm Foundation & Museum 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 12/2023, Nsm Foundation & Museum generated $2.3k 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 (67.3%) each year. All expenses for the organization totaled $2.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (65.7%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
NSM FOUNDATION & MUSEUM WAS STARTED TO DESIGN AND BUILD A NATIONAL SPORTS MUSEUM (BOTH VIRTUAL AND BRICKS-AND-MORTAR) WITH THE INTENTION OF CREATING AND EXHIBITING INCLUSIVE, SPORTS (AND ATHLETE) RELATED CONTENT FOR THE PURPOSE OF EDUCATING AND INSPIRING PATRONS, AND THE GENERAL PUBLIC AT-LARGE. NSM AIMS TO CREATE A UNIQUE INTERACTIVE AND EXPERIENTIAL ATTRACTION-MUSEUM BY WEAVING COMPELLING HISTORICAL, SOCIAL, AND CULTURAL THEMES TO SHOWCASE SPORTS' PROFOUND IMPACT ON OUR NATIONAL IDENTITY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Slocum Founder, Chief Visionary & Executive Director | 35 | $0 | |
Kristin Latimer Vice President, Director & Secretary | 10 | $0 | |
Franz Archibald Lead Director & Treasurer | 6 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,800 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$500 |
| Other Revenue | $0 |
| Total Revenue | $2,300 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $500 |
| Occupancy, rent, utilities, and maintenance | $600 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,178 |
| Total expenses | $2,278 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,078 |
| Other assets | $0 |
| Total assets | $2,078 |
| Total liabilities | $0 |
| Net assets or fund balances | $2,078 |