Newseum Inc

Organization Overview

Newseum Inc is located in Washington, DC. The organization was established in 2006. 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. Newseum 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, Newseum Inc generated $716.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (42.4%) each year. All expenses for the organization totaled $716.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (42.7%) per year over the past 8 years. 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

EDUCATES THE PUBLIC ABOUT THE VALUE OF FREE PRESS & TELLS STORIES OF THE WORLD'S IMPORTANT EVENTS.

Describe the Organization's Program Activity:

THE COLLECTIONS AND VISUAL RECOURCES DEPARTMENT ACQUIRES AND MAINTAINS ARTIFACTS AND COLLECTIONS AND OVERSEES THE MANAGEMENT OF TEMPORARY AND TRAVELING EXHIBITS.


THE EXHIBIT DEVELOPMENT DEPARTMENT PROVIDES RESEARCH AND DEVELOPMENT OF EXHIBIT CONTENT FOR THE NEWSEUM, MAINTAINS DIGITIZED ELECTRONIC DATABASES, AND PRODUCES BOOKS AND OTHER PUBLICATIONS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Universal Protection Service Lp
Security Services
$755,570
United Rigginghutchinson Intl Corp
Rigging And Construction
$481,842
Sequentur Llc
Technology Services
$363,240
Abm Janitorial Services
Janitorial Services
$310,830
Claro Creative Studios
Rigging And Construction
$117,500
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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$617,236
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$617,236
Total Program Service Revenue$99,507
Investment income $60
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $716,803

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