Uss Constitution Museum Inc
- Assets
- $13.7m
- Revenue
- $5.1m
- Investments
- $0.0
- Employees
- 32
- Location
- Boston, MA
- Founding
- 01/1973
- Data as of
- 03/2022
- EIN
- 04-2505888
Organization Overview
Uss Constitution Museum Inc is located in Boston, MA. The organization was established in 1973. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 03/2022, Uss Constitution Museum Inc employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Uss Constitution Museum 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 03/2022, Uss Constitution Museum Inc generated $5.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $3.2m during the year ending 03/2022. While expenses have increased by 3.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE USS CONSTITUTION MUSEUM SERVES AS THE MEMORY AND EDUCATIONAL VOICE OF USS CONSTITUTION.
Describe the Organization's Program Activity:
EDUCATION/VISITATION - THE USS CONSTITUTION MUSEUM REOPENED TO THE PUBLIC ON APRIL 8, 2021 FOLLOWING A CLOSURE DUE TO COVID-19. THE MUSEUM HAS BEEN OPEN 7 DAYS PER WEEK SINCE MEMORIAL DAY AND WELCOMED 176,882 VISITORS DURING THE FISCAL YEAR. WHILE THE MUSEUM REOPENED TO THE PUBLIC, WE CONTINUED TO SHARE CONSTITUTION'S STORY WITH A NATIONAL AUDIENCE THROUGH A VARIETY OF ONLINE ACTIVITIES, EDUCATIONAL PROGRAMS AND VIRTUAL FIELD TRIPS. IN MAY 2021, THE MUSEUM WAS NAMED THE 5TH BEST HISTORY MUSEUM IN THE COUNTRY BY USA TODAY.
EXHIBITS - THE MUSEUM'S PARTICIPATORY EXHIBITS CONSISTENTLY RECEIVE HIGH MARKS FROM OUR GUESTS. "ALL HANDS ON DECK" IS AN AWARD-WINNING, HANDS-ON EXHIBIT ABOUT "OLD IRONSIDES'" 1812 CREW. "FOREST TO FRIGATE" COMBINES HISTORY AND STEM LEARNING TO EXPLORE THE SHIP'S DESIGN AND CONSTRUCTION. "OLD IRONSIDES IN WAR IN PEACE" TRACES CONSTITUTION'S 224 YEAR HISTORY, WHILE THE "1812 DISCOVERY CENTER" EXPLORES THE CAUSES AND CONSEQUENCES OF THE WAR OF 1812. "HEAR MY STORY: TODAY'S CREW OF USS CONSTITUTION" ENABLES VISITORS TO MEET THE ACTIVE-DUTY CREW OF "OLD IRONSIDES" THROUGH VIDEO INTERVIEWS AND VIBRANT PHOTOGRAPHS. "JOIN THE CREW" IS AN ONLINE VERSION OF THE "ALL HANDS ON DECK" EXHIBIT.
COLLECTIONS - THE MUSEUM HOUSES THE LARGEST COLLECTION OF USS CONSTITUTION-RELATED OBJECTS WITH NEARLY 2,000 ARTIFACTS AND OVER 10,000 ARCHIVAL MATERIALS. A 2,400 VOLUME LIBRARY IS AVAILABLE TO RESEARCHERS, STUDENTS AND THE PUBLIC BY APPOINTMENT. IN FY22, THE MUSEUM ACQUIRED 338 NEW ARTIFACTS AND ARCHIVAL RECORDS THROUGH DONATIONS AND PURCHASES. THE SCOPE AND BREADTH OF THESE NEW ACQUISITIONS CONTRIBUTES TO THE MUSEUM'S COMPREHENSIVE COLLECTION OF MATERIAL RELATED TO "OLD IRONSIDES." THE MUSEUM IS A CONSCIENTIOUS STEWARD OF THE COLLECTIONS AND ALL ITS ASSETS; CHARITY NAVIGATOR AWARDED ITS HIGHEST 4-STAR RATING FOR THE 9TH CONSECUTIVE YEAR.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Grimes Rand President/ceo | Officer | 40 | $129,454 |
Jacqueline Hibbard Svp/coo/cfo | Officer | 40 | $127,148 |
Edward Sevilla Svp/chief Development Officer | 40 | $122,331 | |
Sarah Watkins Svp/chief Experience Officer | 40 | $105,475 | |
Paul E George Chairman/director | OfficerTrustee | 8 | $0 |
John R Hayes Jr V. Chair/director (resigned 9/2021) | OfficerTrustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Marc Truant & Associates Inc Construction | 3/30/18 | $300,446 |
Sasaki Architectural Services | 3/30/18 | $123,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $45,000 |
| Fundraising events | $345,321 |
| Related organizations | $0 |
| Government grants | $796,415 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,203,563 |
| Noncash contributions included in lines 1a–1f | $59,521 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,390,299 |
| Total Program Service Revenue | $752,978 |
| Investment income | $249,057 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,975 |
| Net Gain/Loss on Asset Sales | $569,365 |
| Net Income from Fundraising Events | -$71,451 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $213,996 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,109,219 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $312,619 |
| Compensation of current officers, directors, key employees. | $125,583 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,202,407 |
| Pension plan accruals and contributions | $20,258 |
| Other employee benefits | $149,814 |
| Payroll taxes | $122,641 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $170,715 |
| Fees for services: Accounting | $42,551 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $70,000 |
| Fees for services: Investment Management | $36,915 |
| Fees for services: Other | $85,386 |
| Advertising and promotion | $44,411 |
| Office expenses | $116,086 |
| Information technology | $6,156 |
| Royalties | $0 |
| Occupancy | $459,120 |
| Travel | $7,281 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,502 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $178,109 |
| Insurance | $57,093 |
| All other expenses | $925 |
| Total functional expenses | $3,205,100 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,337,460 |
| Savings and temporary cash investments | $370,905 |
| Pledges and grants receivable | $100,906 |
| Accounts receivable, net | $31,829 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $56,601 |
| Prepaid expenses and deferred charges | $22,899 |
| Net Land, buildings, and equipment | $992,693 |
| Investments—publicly traded securities | $9,157,258 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $86,900 |
| Other assets | $533,000 |
| Total assets | $13,690,451 |
| Accounts payable and accrued expenses | $282,280 |
| Grants payable | $0 |
| Deferred revenue | $5,956 |
| 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 | $108,528 |
| Total liabilities | $396,764 |
| Net assets without donor restrictions | $2,998,804 |
| Net assets with donor restrictions | $10,294,883 |
| 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 | $13,690,451 |
Grants Recieved
Over the last fiscal year, we have identified 15 grants that Uss Constitution Museum Inc has recieved totaling $1,589,037.
| Awarding Organization | Amount |
|---|---|
Liberty Mutual Foundation Inc Boston, MA PURPOSE: NEW MUSEUM - IN RECOGNITION OF DENNIS LANGWELLS SERVICE ON BOD | $1,000,000 |
John J & Mary R Schiff Foundation Cincinnati, OH PURPOSE: GENERAL SUPPORT | $400,000 |
Quonochontaug Foundation Beverly, MA PURPOSE: COMMUNICATIONS AND IT INFRASTRUCTURE UPGRADES | $90,000 |
Ellison Foundation Boston, MA PURPOSE: GENERAL FUND | $50,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $15,430 |
Ayco Charitable Foundation Cohoes, NY PURPOSE: ARTS AND CULTURE | $10,000 |
Endowment Analysis
| Beg. Balance | $8,517,963 |
| Earnings | $623,961 |
| Net Contributions | $92,952 |
| Other Expense | $308,124 |
| Ending Balance | $8,926,752 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mystic Seaport Museum Inc Mystic, CT | $122,267,932 | $26,794,983 |
The Paley Center For Media New York, NY | $149,800,581 | $16,736,827 |
Stone Barns Restoration Corp Pocantico Hills, NY | $107,933,883 | $7,964,721 |
Margaret Woodbury Strong Museum Rochester, NY | $223,670,725 | $24,556,351 |
The Studio Museum In Harlem New York, NY | $153,708,532 | $40,471,884 |
The Maritime Aquarium At Norwalk Inc South Norwalk, CT | $19,089,489 | $11,308,442 |
George Eastman Museum Rochester, NY | $59,825,841 | $12,306,953 |
Naismith Memorial Basketball Hall Of Fame Inc 1150 West Columbus Ave Springfield, MA | $33,159,743 | $5,379,532 |
National Museum Of Mathematics New York, NY | $42,218,242 | $9,885,068 |
Shelburne Museum Incorporated Shelburne, VT | $56,455,494 | $11,449,784 |
Bruce Museum Inc Greenwich, CT | $42,027,905 | $8,121,476 |
Brant Foundation Inc Greenwich, CT | $0 | $5,637,610 |