George Washington Masonic National Memorial Association Inc is located in Alexandria, VA. The organization was established in 1928. According to its NTEE Classification (A54) the organization is classified as: History 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. George Washington Masonic National Memorial Association 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 12/2021, George Washington Masonic National Memorial Association Inc generated $3.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $2.3m during the year ending 12/2021. While expenses have increased by 0.6% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
MUSEUM
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTENANCE AND OPERATION OF MEMORIAL MUSEUM AND EXEMPT ACTIVITIES OF THE ASSOCIATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
George D Seghers Executive Director | OfficerTrustee | 55 | $190,430 |
J F Webb President (until 2/2021) | OfficerTrustee | 0.7 | $0 |
Claire V Tusch President (from 2/2021) | OfficerTrustee | 0.7 | $0 |
Kenneth G Nagel First Vice President | OfficerTrustee | 0.7 | $0 |
Thomas K Sturgeon Second Vice President | OfficerTrustee | 0.4 | $0 |
Scott A Thomas Third Vice President | OfficerTrustee | 0.7 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Mca Construction Inc Repairs | 12/30/19 | $116,158 |
Hibernia Masonry Llc Repairs | 12/30/19 | $321,716 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $330,512 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $150,215 |
All other contributions, gifts, grants, and similar amounts not included above | $1,600,760 |
Noncash contributions included in lines 1a–1f | $55,754 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,081,487 |
Total Program Service Revenue | $0 |
Investment income | $187,838 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $513,718 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,980,400 |
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. | $197,754 |
Compensation of current officers, directors, key employees. | $19,775 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $594,758 |
Pension plan accruals and contributions | $16,843 |
Other employee benefits | $48,967 |
Payroll taxes | $67,091 |
Fees for services: Management | $0 |
Fees for services: Legal | $15,292 |
Fees for services: Accounting | $60,163 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $90,200 |
Advertising and promotion | $13,547 |
Office expenses | $130,389 |
Information technology | $66,223 |
Royalties | $0 |
Occupancy | $400,669 |
Travel | $63,710 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $33,329 |
Interest | $47,345 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $369,563 |
Insurance | $89,174 |
All other expenses | $0 |
Total functional expenses | $2,325,973 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $401,477 |
Savings and temporary cash investments | $117,042 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $120,771 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $62,189 |
Net Land, buildings, and equipment | $11,070,487 |
Investments—publicly traded securities | $10,797,615 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $5,000 |
Total assets | $22,574,581 |
Accounts payable and accrued expenses | $132,036 |
Grants payable | $0 |
Deferred revenue | $83,777 |
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 | $1,192,336 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,827 |
Total liabilities | $1,409,976 |
Net assets without donor restrictions | $16,835,589 |
Net assets with donor restrictions | $4,329,016 |
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 | $22,574,581 |
Over the last fiscal year, we have identified 10 grants that George Washington Masonic National Memorial Association Inc has recieved totaling $222,154.
Awarding Organization | Amount |
---|---|
Masonic Charities Fund Elizabethtown, PA PURPOSE: CONTRIBUTION | $70,700 |
Royal Order Of Scotland Provincial Belle Vernon, PA PURPOSE: EDUCATION | $30,000 |
Ancient Free & Accepted Masons Of North Carolina Grand Lodge Raleigh, NC PURPOSE: SUPPORTED ORGANIZATION | $28,250 |
Grand Lodge A F & A M Of Va Richmond, VA PURPOSE: GENERAL OPERATIONS | $22,278 |
Masonic Education And Charity Trust Boston, MA PURPOSE: TO FUND VARIOUS PROGRAMS AND PROVIDE FINANCIAL ASSISTANCE | $21,000 |
Masonic Charity Foundation Of Oklahoma Edmond, OK PURPOSE: SUPPORT OF THE GEORGE WASHINGTON MASONIC NATIONAL MUSEUM | $18,210 |
Beg. Balance | $10,110,569 |
Earnings | $1,477,444 |
Admin Expense | $52,077 |
Net Contributions | $55,754 |
Other Expense | $680,000 |
Ending Balance | $10,911,690 |
Organization Name | Assets | Revenue |
---|---|---|
Navy Seal Foundation Inc Virginia Beach, VA | $115,540,390 | $24,207,052 |
Lorraine Civil Rights Museum Foundation Memphis, TN | $35,843,207 | $14,748,460 |
The National Museum Of African American Music Nashville, TN | $43,131,276 | $9,233,015 |
Shakertown At Pleasant Hill Kentucky Inc Harrodsburg, KY | $23,439,163 | $8,870,243 |
Montpelier Foundation Orange, VA | $32,791,745 | $7,244,660 |
North Carolina Transportation Museum Foundation Spencer, NC | $11,455,078 | $7,616,895 |
Old Salem Incorporated Winstonsalem, NC | $81,707,076 | $3,795,190 |
Society Of The Cincinnati Washington, DC | $28,928,587 | $7,746,929 |
Owsley Brown Frazier Historical Arms Museum Foundation Inc Louisville, KY | $43,112,750 | $4,338,107 |
American Civil War Museum Richmond, VA | $33,997,529 | $3,026,232 |
B & O Railroad Museum Baltimore, MD | $29,274,881 | $4,473,800 |
Soulsville Memphis, TN | $9,455,990 | $2,725,171 |