Public Charity

NAVY MUSEUM DEVELOPMENT FOUNDATION

NAVY MUSEUM DEVELOPMENT FOUNDATION is a Public Charity headquartered in WASHINGTON, DC. Financial data from the 2024 filing: $6.0M revenue, $3.4M expenses, $9.4M total assets. 5 publicly reported grants to this organization, totaling roughly $1.5M, appear in IRS filings.

EIN: 853976615 WASHINGTON, DC History Museums NTEE: A54 Latest filing: 2024
Total Revenue$6.0M
Total Expenses$3.4M
Total Assets$9.4M
Grant Records5
Funding Total$1.5M
Filing Years2022–2024

Mission

PERPETUATE THE HERITAGE OF THE UNITED STATES NAVY BY SUPPORTING AND RAISING FUNDS FOR THE ESTABLISHMENT OF A NATIONAL MUSEUM OF THE UNITED STATES NAVY IN WASHINGTON, D.C.

Where $100 goes at Navy Museum Development Foundation

How Navy Museum Development Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 3 years.

$31 Programs the work itself
$35 Management running the organization
$34 Fundraising raising the next dollar

Inside the $31 for programs

$31
Perpetuate the heritage of the united states navy by supporting and raising funds for the establishment of a national museum of the united states navy in Washington, d.C
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

EXECUTIVE DI Bradley S Carlson
DIRECTOR Cdr Everett Alvarez Jr Usn
DIRECTOR Dr Christopher Lehman
DIRECTOR Dr Jennifer London
SECRETARY Dr Jerry Hendrix
TREASURER Radm Mark Montgomery

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,270,000 3 grants
Arts & Culture
$200,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $6.0M $3.4M $9.4M
2023 $4.1M $1.2M $5.6M
2022 $1.7M $473K $1.7M

Between 2022 and 2024, reported annual revenue grew from $1.7M to $6.0M (+251%), with total assets most recently reported at $9.4M.

Interactive year-over-year charts and full filing details available with membership.

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