Uss Constitution Museum Inc
- Assets
- $13.7m
- Revenue
- $5.1m
- Investments
- $0.0
- Employees
- 37
- 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 03/2023, Uss Constitution Museum Inc employed 37 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
990
Mission & Program ActivityExcerpts From the 990 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:
Part 3 - Line 4a
EDUCATION/VISITATION - THE USS CONSTITUTION MUSEUM WELCOMED 286,646 VISITORS DURING FY23, INCLUDING OVER 18,000 WHO EITHER VISITED AS PART OF ORGANIZED SCHOOL, CAMP OR GROUP VISITS OR PARTICIPATED IN A VIRTUAL FIELD TRIP. THE MUSEUM IS OPEN 7 DAYS PER WEEK AND CHARGES NO ADMISSION FEE TO ENSURE THAT ALL WHO WISH TO LEARN ABOUT USS CONSTITUTION CAN VISIT. WE CONTINUE TO SHARE CONSTITUTION'S STORY WITH A NATIONAL AUDIENCE THROUGH A VARIETY OF ONLINE ACTIVITIES, EDUCATIONAL PROGRAMS AND VIRTUAL FIELD TRIPS. IN 2022, THE MUSEUM WAS NAMED THE 5TH BEST HISTORY MUSEUMS IN THE COUNTRY BY USA TODAY FOR THE 2ND YEAR IN A ROW.
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" (OIWP) TRACES CONSTITUTION'S 225 YEAR HISTORY. "HEAR MY STORY: TODAY'S CREW OF USS CONSTITUTION" FEATURES VIDEO INTERVIEWS WITH THE ACTIVE-DUTY CREW. "JOIN THE CREW" IS A NEW INTERACTIVE ONLINE EXHIBIT. IN FY23, THE MUSEUM REMODELED THE BATTLE SECTION OF OIWP, OPENED A NEW "LEGO SHIPYARD" EXHIBIT, AND HOSTED THE 43RD ANNUAL MASTERS OF MINIATURE MODEL SHOW WITH A COMPLEMENTARY PHOTO SHOW.
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 FY23, THE MUSEUM ACQUIRED OVER 300 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 10TH CONSECUTIVE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul E George Chairman/director | OfficerTrustee | 8 | $0 |
Stephen J O'leary III Vice Chairman/director | OfficerTrustee | 2 | $0 |
Daniel E Smith Vice Chairman/director | OfficerTrustee | 6 | $0 |
Alison Nolan Vice Chairman/director | OfficerTrustee | 6 | $0 |
W Karl Baker Director | Trustee | 2 | $0 |
Bruce A Blessington Treasurer/director | OfficerTrustee | 6 | $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 |