National Atomic Museum Foundation
- Assets
- $7.3m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 56
- Location
- Albuquerque, NM
- Founding
- 02/1993
- Data as of
- 09/2023
- EIN
- 85-0404628
Organization Overview
National Atomic Museum Foundation is located in Albuquerque, NM. The organization was established in 1993. 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 09/2023, National Atomic Museum Foundation employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Atomic Museum Foundation 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 09/2023, National Atomic Museum Foundation generated $2.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $2.4m during the year ending 09/2023. While expenses have increased by 2.7% per year over the past 8 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
THE NATIONAL ATOMIC MUSEUM FOUNDATION (THE FOUNDATION) WAS FORMED IN 1992 TO PROVIDE THE CULTURAL, EDUCATIONAL, AND SCIENTIFIC PROGRAMS OF THE NATIONAL MUSEUM OF NUCLEAR SCIENCE & HISTORY (THE MUSEUM). THE MUSEUM IS THE NATION'S ONLY CONGRESSIONALLY-CHARTERED MUSEUM OF NUCLEAR SCIENCE & HISTORY. THE FOUNDATION OWNS AND OPERATES THE MUSEUM, COMPENSATES STAFF, DEVELOPS BROAD PUBLIC, PRIVATE, AND VOLUNTEER SUPPORT FOR THE MUSEUM, AND PROVIDES FINANCIAL SUPPORT FOR THE MUSEUM'S PROGRAMS, EXHIBITS, AND COLLECTIONS. FOUNDATION MEMBERSHIP IS OPEN TO ANY PERSON OR ORGANIZATION THAT MEETS ELIGIBILITY CRITERIA ESTABLISHED BY THE BOARD OF TRUSTEES. THE MAIN SOURCES OF SUPPORT AND REVENUE OF THE FOUNDATION ARE GOVERNMENTAL CONTRACTS WITH SNL, CONTRIBUTIONS FROM VARIOUS INDIVIDUALS, FOUNDATIONS, AND BUSINESS ENTERPRISES, SALES FROM THE MUSEUM STORE, MUSEUM ADMISSIONS, PROGRAM SERVICES REVENUE, MEMBERSHIPS, AND EVENT REVENUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NATIONAL MUSEUM OF NUCLEAR SCIENCE & HISTORY IS THE NATION'S ONLY CONGRESSIONALLY CHARTERED MUSEUM OF NUCLEAR SCIENCE AND HISTORY. IT INCLUDES OPERATION OF THE MUSEUM GIFT STORE WHICH SELLS ITEMS THAT FEATURE THE HISTORY OF ATOMIC ENERGY AND NUCLEAR PHYSICS.
EDUCATIONAL PROGRAMS- CONSIST OF LEARNING ADVENTURE TOURS, CLASSROOM PROGRAMS, NATIONAL NUCLEAR SCIENCE WEEK, STUDENT AND TEACHER WORKSHOPS, SCIENCE CAMPS, AND STEM (SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS).
GENERAL PROGRAMS- MARKETING, PUBLIC RELATIONS, AND FACILITY RENTALS PROMOTING THE MUSEUM AND ITS PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Busch Board Member | Trustee | 1 | $0 |
Robert Singer ESQ Board Member | Trustee | 1 | $0 |
Dr Katrina Groth Board Member | Trustee | 1 | $0 |
Dr John Stichman Board Member | Trustee | 1 | $0 |
Dave Jansen Board Member | Trustee | 1 | $0 |
Dr Chris Perfetti Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $3,751 |
| Membership dues | $108,673 |
| Fundraising events | $70,951 |
| Related organizations | $0 |
| Government grants | $43,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $336,252 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $562,627 |
| Total Program Service Revenue | $1,424,944 |
| Investment income | $5,288 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $67,011 |
| Net Gain/Loss on Asset Sales | $9,313 |
| Net Income from Fundraising Events | -$22,583 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $283,762 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,579,361 |
| 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. | $24,692 |
| Compensation of current officers, directors, key employees. | $3,210 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $926,399 |
| Pension plan accruals and contributions | $8,770 |
| Other employee benefits | $95,272 |
| Payroll taxes | $75,768 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $53,660 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $121,248 |
| Advertising and promotion | $146,071 |
| Office expenses | $5,378 |
| Information technology | $45,628 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $35,437 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $262,614 |
| Insurance | $41,641 |
| All other expenses | $215,815 |
| Total functional expenses | $2,351,435 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $165,942 |
| Savings and temporary cash investments | $1,666,921 |
| Pledges and grants receivable | $20,000 |
| Accounts receivable, net | $4,806 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $49,580 |
| Prepaid expenses and deferred charges | $23,311 |
| Net Land, buildings, and equipment | $5,372,140 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,302,700 |
| Accounts payable and accrued expenses | $173,405 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $173,405 |
| Net assets without donor restrictions | $6,542,925 |
| Net assets with donor restrictions | $586,370 |
| 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 | $7,302,700 |