National Football Museum Inc
- Assets
- $45.2m
- Revenue
- $30.9m
- Investments
- $1.1m
- Employees
- 177
- Location
- Canton, OH
- Founding
- 08/1960
- Data as of
- 12/2020
- EIN
- 34-0898576
Organization Overview
National Football Museum Inc, operating under the name Pro Football Hall Of Fame, is located in Canton, OH. The organization was established in 1960. 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 12/2021, Pro Football Hall Of Fame employed 177 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pro Football Hall Of Fame 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 12/2020, Pro Football Hall Of Fame generated $30.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $30.4m during the year ending 12/2020. While expenses have increased by 7.4% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
HONOR THE HEROES OF THE GAME, PRESERVE ITS HISTORY, PROMOTE ITS VALUES & CELEBRATE EXCELLENCE TOGETHER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSEUM & ARCHIVES - THE HALL OF FAME PAYS TRIBUTE TO THE TALENTS AND TRIUMPHS OF PRO FOOTBALL'S GREATEST START. CHRONICLED WITHIN THE WALLS OF THE HALL OF FAME ARE THE STORIES AND CIRCUMSTANCES OF PLAY THAT BRING TO LIFE THE COURAGE, DEDICATION, VISION, FAIR PLAY, AND SKILL OF PROFESSIONAL FOOTBALL. THESE HISTORIC DOCUMENTS AND ARTIFACTS ARE PRESERVED AND DISPLAYED FOR OTHERS TO LEARN AND RELIVE THE EXPERIENCES OF SOME OF FOOTBALL'S GREATEST MOMENTS.
HALL OF FAME WEEKEND - THE WEEKEND HELPS TO HONOR THE CURRENT YEAR'S INDUCTEES, AS WELL AS, PRIOR YEAR'S ENSHRINEES THOURGH A WEEKEND CELEBRATION THAT INCLUDES THE FIRST GAME OF THE NFL'S PRE-SEASON. THE EVENTS HELP TO PROMOTE SOME OF THE GREATEST PLAYERS TO EVER PLAY THE GAME OF FOOTBALL AND HONOR THEIR OUTSTANDING CONTRIBUTIONS.
EDUCATION PROGRAM - THE THRUST OF THE PROGRAM, WHICH IS AVAILABLE TO ANY SCHOOL, IS AN ATTEMPT TO INTEGRATE THE PRO FOOTBALL AND MUSEUM EXPERIENCE WITH CLASSROOM STUDIES WHILE ENCOURAGING THE USE OF CRITICAL THINKING SKILLS. THE PROGRAMS HAVE GROWN OVER THE PAST TWO DECADES TO INCORPORATE MANY EDUCATION INITIATIVES SUCH AS EDUCATIONAL FIELD TRIPS, DISTANCE LEARNING, BLACK HISTORY PROGRAMS, ART CONTESTS, AND TEACHER ENRICHMENT DAYS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carl David Baker President | Officer | 40 | $1,077,371 |
George Veras Executive VP Of Production | 40 | $329,820 | |
Patricia Lindesmith Chief Partnership Officer | 40 | $308,938 | |
James Porter Chief Marketing Officer | 40 | $243,253 | |
Steven Strawbridge Jr Chief Administrative Officer | 40 | $243,137 | |
Adrian Allison Chief Relationship Officer | 40 | $194,609 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Fried Olivieri Construction Co Construction | 12/30/21 | $911,553 |
Avi Foodsystems Inc Catering/food Service | 12/30/21 | $860,998 |
Freeman Audio Visual Solutions Production Services | 12/30/21 | $730,708 |
Crescent Digital Llc Construction/technology Services | 12/30/21 | $641,998 |
16w Marketing Llc Consulting/agent | 12/30/21 | $550,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,173,653 |
| Investment income | $270,362 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $18,395 |
| Net Rental Income | $17,282 |
| Net Gain/Loss on Asset Sales | $517,017 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $844,968 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $30,879,205 |
| Statement of Expenses | |
|---|---|
| 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. | $748,032 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,812,130 |
| Pension plan accruals and contributions | $100,983 |
| Other employee benefits | $614,137 |
| Payroll taxes | $330,525 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $442,910 |
| Fees for services: Accounting | $39,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,539,995 |
| Advertising and promotion | $783,341 |
| Office expenses | $905,568 |
| Information technology | $421,450 |
| Royalties | $0 |
| Occupancy | $870,266 |
| Travel | $536,341 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,067 |
| Interest | $317,989 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,469,979 |
| Insurance | $196,445 |
| All other expenses | $0 |
| Total functional expenses | $30,449,313 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $401,030 |
| Savings and temporary cash investments | $273,620 |
| Pledges and grants receivable | $1,590,000 |
| Accounts receivable, net | $4,146,094 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,023,234 |
| Prepaid expenses and deferred charges | $633,441 |
| Investments—publicly traded securities | $4,526,215 |
| Investments—other securities | $1,126,510 |
| Investments—program-related | $1,129,228 |
| Intangible assets | $0 |
| Other assets | $712,916 |
| Total assets | $45,241,637 |
| Accounts payable and accrued expenses | $2,444,933 |
| Grants payable | $0 |
| Deferred revenue | $4,198,394 |
| Tax-exempt bond liabilities | $7,039,048 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,533,804 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $170,975 |
| Total liabilities | $15,387,154 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $29,854,483 |
Grants Awarded
Over the last fiscal year, National Football Museum Inc has awarded $112,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MIDD-WEST SCHOOL DISTRICT PURPOSE: KICKSTART PROGRAM GRANT RECIPIENT - THE PROGRAM WAS LAUNCHED TO BRING FOOTBALL PROGRAMS TO HIGH DEMAND COMMUNITIES. | $70,000 |
Canton, OH PURPOSE: TO SUPPORT THE MISSION OF THE PFHOF ENSHRINEES ASSISTANCE FOUNDATON. THE PFHOF ENSHRINEES ASSISTANCE FOUNDATION IS AN ORGANIZATION DEDICATED TO PROVIDING FINANCIAL ASSISTANCE TO, OR FOR THE BENEFIT OF, POOR, NEEDY OR DISTRESSED INDIVIDUALS WHO ARE ENSHRINED IN THE PRO FOOTBALL HALL OF FAME; AND/OR THEIR POOR, NEEDY OR DISTRESSED FAMILY MEMBERS. | $42,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that National Football Museum Inc has recieved totaling $1,343,061.
| Awarding Organization | Amount |
|---|---|
Stark County Convention And Visitors Bureau Canton, OH PURPOSE: ARTS & CULTURAL TOURISM | $1,000,000 |
Aultman Health Foundation Canton, OH PURPOSE: SPONSORSHIP AND BLACK COLLEGE FOOTBALL HALL OF FAME CLASIC | $203,995 |
Stark Community Foundation Inc Canton, OH PURPOSE: GENERAL SUPPORT | $138,962 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $104 |
Endowment Analysis
| Beg. Balance | $1,253,455 |
| Earnings | $202,757 |
| Admin Expense | $9,051 |
| Grants | $54,887 |
| Ending Balance | $1,392,274 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Carnegie Institute Pittsburgh, PA | $541,460,866 | $82,217,609 |
Crosswater Canyon Inc Petersburg, KY | $131,093,453 | $43,029,126 |
Rock And Roll Hall Of Fame And Museum Inc Cleveland, OH | $155,983,812 | $52,609,977 |
National Football Museum Inc Canton, OH | $45,241,637 | $30,879,205 |
Cincinnati Museum Center Cincinnati, OH | $282,646,725 | $49,474,377 |
Brandywine Conservancy & Museum Of Art Chadds Ford, PA | $159,611,083 | $25,949,606 |
National Corvette Museum Foundation Inc Bowling Green, KY | $80,229,990 | $15,403,313 |
Eiteljorg Museum Of American Indians And Western Art Inc Indianapolis, IN | $95,582,001 | $21,664,008 |
Grand Rapids Public Museum Grand Rapids, MI | $9,797,722 | $8,206,945 |
Weitzman National Museum Of American Jewish History Philadelphia, PA | $28,897,470 | -$14,023,866 |
Kentucky Derby Museum Corporation Louisville, KY | $35,033,343 | $10,633,125 |
Kalamazoo Aviation History Museum Portage, MI | $17,581,493 | $5,451,685 |