Army Historical Foundation Inc
- Assets
- $5.3m
- Revenue
- $7.6m
- Investments
- $0.0
- Employees
- 41
- Location
- Fort Belvoir, VA
- Founding
- 02/1985
- Data as of
- 12/2023
- EIN
- 52-1367225
Organization Overview
Army Historical Foundation Inc is located in Fort Belvoir, VA. The organization was established in 1985. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Army Historical Foundation Inc employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Army Historical Foundation 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 12/2023, Army Historical Foundation Inc generated $7.6m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $9.8m during the year ending 12/2023. While expenses have increased by 4.8% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
2023 NATIONAL MUSEUM PROGRAM:THE FOUNDATION OPERATED ALL REVENUE-GENERATING ACTIVITIES FOR THE NATIONAL MUSEUM OF THE UNITED STATES ARMY. THE U.S. ARMY OWNS, OPERATES, AND MAINTAINS THE MUSEUM, WHILE THE FOUNDATION IS RESPONSIBLE FOR REVENUE GENERATION, FUNDRAISING, AND MEMBERSHIP. REVENUE-GENERATING ACTIVITIES INCLUDE BUT ARE NOT LIMITED TO, SPECIAL EVENTS, RETAIL SERVICE, FOOD SERVICES (CAFE AND CATERING), AND SIMULATORS.
2023 HISTORICAL AND EDUCATION PROGRAMS:THE ARMY HISTORICAL FOUNDATION (AHF) OFFERS A FREE INQUIRY SERVICE ON MATTERS RELATED TO ARMY HISTORY. THE SERVICE IS PROVIDED BY AHF STAFF HISTORIANS WHO RESEARCH IN THE FOUNDATION'S MILITARY LIBRARY, AT THE U.S. ARMY CENTER OF MILITARY HISTORY, THE NATIONAL ARCHIVES, AND ONLINE RESOURCES. AHF STAFF RESPONDED TO NATIONWIDE INQUIRIES FROM MEMBERS, DONORS, AND THE GENERAL PUBLIC.FOUR ISSUES OF ON POINT MAGAZINE WERE PUBLISHED IN 2023. THEY FEATURED ARTICLES BY NOTABLE MILITARY HISTORIANS COVERING A WIDE RANGE OF ARMY HISTORY AND ARTWORK, AS WELL AS MILITARY BOOK REVIEWS RELATED TO THE NATIONAL MUSEUM OF THE UNITED STATES ARMY.THE DISTINGUISHED WRITING AWARDS PROGRAM, ESTABLISHED OVER 25 YEARS AGO, RECOGNIZES AUTHORS WHO HAVE SIGNIFICANTLY CONTRIBUTED TO LITERATURE ON U.S. ARMY HISTORY. IN 2023, THE FOUNDATION PRESENTED MONETARY AWARDS TO AUTHORS OF FIVE BOOKS AND TWO ARTICLES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mg Russell L Fuhrman Usa-Ret Board Director And Asst Secretary | OfficerTrustee | 1 | $0 |
Gen Eric K Shinseki Usa-Ret Board Chair | Trustee | 1 | $0 |
Ltg Larry Jordan Usa-Ret Board Vice Chair | Trustee | 1 | $0 |
Col Raymond K Bluhm Usa-Ret Board Director | Trustee | 1 | $0 |
Debbie Rub Brooks Board Director | Trustee | 1 | $0 |
Don M Fox Board Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kt Enterprises Landscape Development | 12/30/23 | $745,675 |
Stratuslive Llc Database Management | 12/30/23 | $354,960 |
Susan Davis International Public Relations | 12/30/23 | $210,000 |
Iheart Media Advertising | 12/30/23 | $217,001 |
Odell Simms Inc Direct Marketing Consultants | 12/30/23 | $242,648 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,046,798 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,046,798 |
| Total Program Service Revenue | $44,210 |
| Investment income | $3,553 |
| 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 | $519,447 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,614,008 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $5,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $413,315 |
| Compensation of current officers, directors, key employees. | $134,235 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,196,866 |
| Pension plan accruals and contributions | $78,670 |
| Other employee benefits | $471,105 |
| Payroll taxes | $23,348 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,570 |
| Fees for services: Accounting | $45,186 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $974,340 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $130,652 |
| Advertising and promotion | $1,169,093 |
| Office expenses | $459,156 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $37,736 |
| Travel | $48,374 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $42,822 |
| Interest | $1,838,453 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $176,584 |
| Insurance | $47,711 |
| All other expenses | $0 |
| Total functional expenses | $9,836,384 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,280 |
| Savings and temporary cash investments | $695,515 |
| Pledges and grants receivable | $4,020,641 |
| Accounts receivable, net | $865 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $92,564 |
| Inventories for sale or use | $91,090 |
| Prepaid expenses and deferred charges | $54,383 |
| Net Land, buildings, and equipment | $341,645 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,302,983 |
| Accounts payable and accrued expenses | $1,198,543 |
| Grants payable | $0 |
| Deferred revenue | $96,904 |
| 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 | $20,567,824 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $21,863,271 |
| Net assets without donor restrictions | -$20,588,357 |
| Net assets with donor restrictions | $4,028,069 |
| 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 | $5,302,983 |