National Baseball Hall Of Fame And Museum Inc

Organization Overview

National Baseball Hall Of Fame And Museum Inc is located in Cooperstown, NY. The organization was established in 1937. 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 12/2022, National Baseball Hall Of Fame And Museum Inc employed 252 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Baseball Hall Of Fame And 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 12/2022, National Baseball Hall Of Fame And Museum Inc generated $16.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $14.2m during the year ending 12/2022. While expenses have increased by 3.2% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE NATIONAL BASEBALL HALL OF FAME AND MUSEUM IS A NOT-FOR-PROFIT EDUCATIONAL INSTITUTION DEDICATED TO FOSTERING AN APPRECIATION OF THE HISTORICAL DEVELOPMENT OF THE GAME OF BASEBALL AND ITS IMPACT ON OUR CULTURE BY COLLECTING, PRESERVING, EXHIBITING, AND INTERPRETING ITS COLLECTIONS FOR A GLOBAL AUDIENCE, AS WELL AS HONORING THOSE WHO HAVE MADE OUTSTANDING CONTRIBUTIONS TO OUR NATIONAL PASTIME.

Describe the Organization's Program Activity:

SEE SCHEDULE OTHROUGH ITS MISSION, THE MUSEUM IS COMMITTED TO: COLLECTING, THROUGH DONATION, BASEBALL ARTIFACTS, WORKS OF ART, LITERATURE, PHOTOGRAPHS, MEMORABILIA AND RELATED MATERIALS WHICH FOCUS ON THE HISTORY OF THE GAME OVER TIME, ITS PLAYERS, AND THOSE ELECTED TO THE HALL OF FAME. PRESERVING THE COLLECTIONS BY ADHERING TO PROFESSIONAL MUSEUM STANDARDS WITH RESPECT TO CONSERVATION AND MAINTAINING A PERMANENT RECORD OF HOLDINGS THROUGH DOCUMENTATION, STUDY, RESEARCH, CATALOGING AND PUBLICATION. EXHIBITING MATERIAL IN PERMANENT GALLERY SPACE, ORGANIZING ON-SITE CHANGING EXHIBITIONS ON VARIOUS THEMES, WITH WORKS FROM THE HALL OF FAME COLLECTIONS OR OTHER SOURCES, WORKING WITH OTHER INDIVIDUALS OR ORGANIZATION TO EXHIBIT LOANED MATERIAL OF SIGNIFICANCE TO BASEBALL AND PROVIDING RELATED RESEARCH FACILITIES. INTERPRETING ARTIFACTS THROUGH ITS EXHIBITION AND EDUCATION PROGRAMS TO ENHANCE AWARENESS, UNDERSTANDING AND APPRECIATION OF THE GAME FOR A DIVERSE AUDIENCE. HONORING, BY ENSHRINEMENT, THOSE INDIVIDUALS WHO HAD EXCEPTIONAL CAREERS, AND RECOGNIZING OTHERS FOR THEIR SIGNFICANT ACHIEVEMENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Jane Forbes Clark
Chairman/director
$0
Kevin S Moore
Treasurer/director
$0
Paul Beeston
Director
$0
Craig Biggio
Director
$0
William O Dewitt Jr
Director
$0
Tom Glavine
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ologie
Website Development
$194,179
Hales Bus Garage Llc
Transportation Services
$148,450
Kpmg Llp
Accounting/tax Services
$105,250
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$75,000
Related organizations$0
Government grants $35,000
All other contributions, gifts, grants, and similar amounts not included above$2,600,957
Noncash contributions included in lines 1a–1f $21,977
Total Revenue from Contributions, Gifts, Grants & Similar$2,710,957
Total Program Service Revenue$7,116,290
Investment income $3,763,961
Tax Exempt Bond Proceeds $1,195,770
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$23,722
Net Income from Fundraising Events -$55,237
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $1,791,835
Miscellaneous Revenue$0
Total Revenue $16,584,819

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