National World War Ii Museum Inc
- Assets
- $386.6m
- Revenue
- $85.5m
- Investments
- $11.1m
- Employees
- 311
- Location
- New Orleans, LA
- Founding
- 10/1992
- Data as of
- 06/2022
- EIN
- 72-1200790
Organization Overview
National World War Ii Museum Inc is located in New Orleans, LA. The organization was established in 1992. 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 06/2022, National World War Ii Museum Inc employed 311 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National World War Ii 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 06/2022, National World War Ii Museum Inc generated $85.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $52.4m during the year ending 06/2022. While expenses have increased by 4.9% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE NATIONAL WWII MUSEUM TELLS THE STORY OF THE AMERICAN EXPERIENCE IN (CONTINUED ON SCHEDULE O) THE WAR THAT CHANGED THE WORLD-WHY IT WAS FOUGHT, HOW IT WAS WON, AND WHAT IT MEANS TODAY-SO THAT ALL GENERATIONS WILL UNDERSTAND THE PRICE OF FREEDOM AND BE INSPIRED BY WHAT THEY LEARN.
Describe the Organization's Program Activity:
THE NATIONAL WORLD WAR II MUSEUM IS CHARGED WITH THE VITAL MISSION OF SHARING THE STORY OF THE AMERICAN EXPERIENCE IN THE WAR THAT CHANGED THE WORLD-WHY IT WAS FOUGHT, HOW IT WAS WON, AND WHAT IT MEANS TODAY-SO THAT ALL GENERATIONS WILL UNDERSTAND THE PRICE OF FREEDOM AND BE INSPIRED BY WHAT THEY LEARN. THROUGH EXHIBITS, MULTIMEDIA EXPERIENCES, AND THOUSANDS OF PERSONAL ACCOUNTS, THE MUSEUM TAKES VISITORS ON AN IMMERSIVE TOUR OF WORLD WAR II IN EVERY THEATER OF WAR.ORIGINALLY OPENED AS THE NATIONAL D-DAY MUSEUM ON JUNE 6, 2000 AND CONGRESSIONALLY- DESIGNATED AS AMERICA'S NATIONAL WWII MUSEUM IN 2004, TODAY THE NATIONAL WWII MUSEUM GOES FAR BEYOND THAT CRUCIAL LANDING ON JUNE 6, 1944, TO TELL THE COMPLETE STORY OF THE AMERICAN EXPERIENCE IN WORLD WAR II THROUGH IMMERSIVE EXHIBITS, (CONTINUED ON SCHEDULE O) STATE-OF-THE-ART MULTIMEDIA EXPERIENCES, FIRST-PERSON ORAL HISTORIES, 1940S-STYLE ENTERTAINMENT, A FULL SERVICE HOTEL AND CONFERENCE CENTER, AND ONSITE AND ONLINE EDUCATIONAL PROGRAMS FOR ALL AGES.OVER THE PAST 21 YEARS, THE INSTITUTION HAS WELCOMED OVER 8 MILLION VISITORS, INCLUDING APPROXIMATELY 975,000 STUDENTS AND TEACHERS, AND BECOME ONE OF AMERICA'S LEADING CULTURAL INSTITUTIONS. APPROXIMATELY 87 PERCENT OF THE MUSEUM'S VISITORS COME FROM OUT OF STATE, WITH ALMOST HALF CITING THE MUSEUM AS THEIR PRIMARY REASON FOR TRAVELING TO NEW ORLEANS. RANKED THE TOP ATTRACTION IN NEW ORLEANS, THE #3 MUSEUM IN THE US, AND #8 MUSEUM IN THE WORLD BY TRIP ADVISOR, THE MUSEUM IMMERSES VISITORS IN AMERICA'S WARTIME EXPERIENCE, PORTRAYING ALL MAJOR CAMPAIGNS OF THE WAR ON LAND, AT SEA, AND IN THE AIR AS WELL AS THE IMPORTANT CONTRIBUTIONS ON THE HOME FRONT. WITH SIX PAVILIONS OF EXHIBITS, AND A FINAL SEVENTH PAVILION UNDER CONSTRUCTION, THE MUSEUM'S CAMPUS REFLECTS THE SIGNIFICANCE OF THIS MONUMENTAL CONFLICT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
R Ryan Adkerson Trustee | Trustee | 2 | $0 |
Clifford S Asness Trustee | Trustee | 2 | $0 |
Justin Augustine Trustee | Trustee | 2 | $0 |
Lawrence E Bathgate II Trustee | Trustee | 2 | $0 |
Brandon B Berger Trustee | Trustee | 2 | $0 |
The Honorable J Kenneth Blackwell Trustee | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mapp Llc Construction Contractor | 6/29/22 | $13,553,503 |
Peter Mayer Advertising Inc Advertising Services | 6/29/22 | $1,725,640 |
Cm Combs Construction Llc Construction Company | 6/29/22 | $1,318,336 |
Sms Direct Inc Mailing Fulfillment & Lettershop | 6/29/22 | $1,295,182 |
Mailsmart Logistics Mailing Services | 6/29/22 | $1,307,638 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,512,900 |
| Related organizations | $1,890,990 |
| Government grants | $21,309,986 |
| All other contributions, gifts, grants, and similar amounts not included above | $34,100,707 |
| Noncash contributions included in lines 1a–1f | $9,745,734 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,814,583 |
| Total Program Service Revenue | $20,125,087 |
| Investment income | $1,751,219 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $15,547 |
| Net Rental Income | $1,907,392 |
| Net Gain/Loss on Asset Sales | $1,677,249 |
| Net Income from Fundraising Events | -$798,549 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,995,570 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $85,537,669 |
| 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. | $2,913,389 |
| Compensation of current officers, directors, key employees. | $360,244 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,623,557 |
| Pension plan accruals and contributions | $350,335 |
| Other employee benefits | $1,297,050 |
| Payroll taxes | $1,058,521 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $49,533 |
| Fees for services: Accounting | $174,458 |
| Fees for services: Lobbying | $150,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $193,627 |
| Fees for services: Other | $2,116,545 |
| Advertising and promotion | $3,039,622 |
| Office expenses | $1,565,050 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,753,003 |
| Travel | $314,144 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $631,709 |
| Interest | $288,458 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,919,672 |
| Insurance | $1,872,844 |
| All other expenses | $1,869,160 |
| Total functional expenses | $52,393,223 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,498,927 |
| Savings and temporary cash investments | $17,930,802 |
| Pledges and grants receivable | $17,511,923 |
| Accounts receivable, net | $5,814,891 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $880,410 |
| Prepaid expenses and deferred charges | $4,130,779 |
| Net Land, buildings, and equipment | $223,472,440 |
| Investments—publicly traded securities | $28,762,604 |
| Investments—other securities | $11,079,592 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $36,516,938 |
| Total assets | $386,599,306 |
| Accounts payable and accrued expenses | $4,816,725 |
| Grants payable | $0 |
| Deferred revenue | $5,755,014 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $1,713,187 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $5,643,843 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,279,145 |
| Total liabilities | $19,207,914 |
| Net assets without donor restrictions | $296,569,346 |
| Net assets with donor restrictions | $70,822,046 |
| 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 | $386,599,306 |