Skip to content
Nonprofiteer
← LT MICHAEL P MURPHY NAVY SEAL MUSEUM

Form 990 for tax year 2022

Filed by LT MICHAEL P MURPHY NAVY SEAL MUSEUM.

Totals

Total revenue
$763,310
Total expenses
$491,176
Contributions and grants received
$648,970
Grants paid
$0
Program service revenue
$113,656
Investment income
$25
Other revenue
$659
Total assets, end of year
$3,393,496
Total liabilities, end of year
$450,629
Net assets or fund balances, end of year
$2,942,867
Program services expenses (Part IX)
$383,158
Management and general expenses
$108,018
Fundraising expenses
$0
Program service expenses (Part III)
$383,158

Program services were 78.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $39,775

  • 1c · Fundraising events

    $63,409

  • 1d · Related organizations

    $25,000

  • 1f · All other contributions, gifts and grants

    $520,786

  • 2a · Program service revenue: ADMISSIONS

    total $113,656 · related or exempt $113,656

  • 3 · Investment income

    total $25 · excluded $25

  • 8a · Fundraising events: gross income

    $78,911

  • 8a · Fundraising events: contributions included on line 1c

    $63,409

  • 8b · Fundraising events: direct expenses

    $78,911

  • 8c · Net income from fundraising events

    total $0

  • 11d · All other revenue

    total $659 · excluded $659

  • 11e · Other revenue, total

    $659

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $78,000 · management and general $78,000

  • 7 · Other salaries and wages

    total $33,960 · program services $33,960

  • 10 · Payroll taxes

    total $12,647 · program services $3,836 · management and general $8,811

  • 11c · Fees: accounting

    total $18,543 · management and general $18,543

  • 12 · Advertising and promotion

    total $38,602 · program services $38,602

  • 13 · Office expenses

    total $29,252 · program services $28,889 · management and general $363

  • 16 · Occupancy

    total $55,630 · program services $55,630

  • 17 · Travel

    total $3,329 · program services $3,329

  • 22 · Depreciation, depletion and amortization

    total $105,977 · program services $105,977

  • 23 · Insurance

    total $34,381 · program services $32,080 · management and general $2,301

  • 24a · Other expenses: MERCHANDISE PRODUCTION

    total $54,377 · program services $54,377

  • 24b · Other expenses: MAINTENANCE EXPENSE

    total $24,250 · program services $24,250

  • 24e · All other expenses

    total $2,228 · program services $2,228

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $121,440 · end of year $120,983

  • 2 · Savings and temporary cash investments

    end of year $50,038

  • 4 · Accounts receivable

    end of year $7,892

  • 9 · Prepaid expenses and deferred charges

    beginning of year $5,255 · end of year $700

  • 10a · Land, buildings and equipment: cost or other basis

    $3,308,624

  • 10b · Land, buildings and equipment: accumulated depreciation

    $105,977

  • 10c · Land, buildings and equipment, net

    beginning of year $2,943,938 · end of year $3,202,647

  • 15 · Other assets

    beginning of year $0 · end of year $11,236

  • 17 · Accounts payable and accrued expenses

    end of year $729

  • 22 · Loans and payables to officers and key people

    beginning of year $250,000 · end of year $300,000

  • 24 · Unsecured notes and loans payable

    beginning of year $149,900 · end of year $149,900

  • 27 · Net assets without donor restrictions

    beginning of year $2,670,733 · end of year $2,942,867

Mission and programs · 2022

Mission

THE MISSION OF THE ORGANIZATION IS TO PRESERVE THE LEGACY OF NAVY SEALS AND TO PERSEVE THE LEGACY OF LT MICHAEL MURPHY AND TO CONTRIBUTE TO THE SUPPORT OF LOCAL NAVAL SEA CADETS.

  • THE LT MICHAEL P. MURPHY NAVY SEAL MUSEUM & SEA CADET TRAINING FACILITY IS A DUAL PURPOSE BUILDING SERVING AS BOTH A NAVY MUSEUM AND A TRAINING FACILITY FOR 11 17 YEAR OLD SEA CADETS, BOTH GIRLS AND BOYS TO BE BETTER CITIZENS. THE MUSEUM ITSELF HAS 7 EXHIBITION HALLS PROMOTING THE BRAVERY, LEGACY AND STORIES OF OUR NAVY SPECIAL WARFARE HEROES FROM WORLD WAR 2 THROUGH THE WAR ON TERROR ALONG WITH A MEMORIAL WALL AND SEAL TRAINING EXHIBITION HALL. THESE AREAS BRING TO THE PUBLIC'S ATTENTION THE EXPLOITS OF THESE TRULY EXCEPTIONAL MEN THROUGH MOVIES, VIDEOS, ARTIFACTS AND HANDS ON "STATE OF THE ART" COMPUTER DISPLAYS OF EACH ERA IN THE UNDERWATER DEMOLITION TEAMS AND NAVY SEAL HISTORY. (CONT'D. ON SCHEDULE O) THE PUBLIC AND VISITORS WILL BE ABLE TO GRASP, COMPREHEND AND UNDERSTAND THE SACRIFICES MADE BY THESE EXTRAORDINARY SAILORS IN PROTECTING THIS COUNTRY. THE MUSEUM ALLOWS THE PUBLIC TO NOTE THE COST OF FREEDOM IN THE LIVES LOST AS WELL AS THE OPERATIONAL STORIES OF THE VARIOUS PERIODS IN NAVAL HISTORY. THE ADJOINING SEA CADET TRAINING FACILITY ACTS AS BOTH AN EVENT SPACE AND TRAINING FACILITY FOR THE LT MICHAEL P. MURPHY SEA CADET DIVISION AND TEACHES LEADERSHIP SKILLS AND CITIZENRY TO OUR YOUNGER GENERATIONS, SOME OF WHOM MAY SEEK TO JOIN THE MILITARY AND SERVE THIS NATION. THIS FACILITY OFFERS CLASSROOM WORK, NAVAL HISTORY AND PHYSICAL EXERCISES TO PROMOTE STRONG MINDS AND BODIES.

    Expenses $383,158 · Revenue $113,656

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • John D Murphy

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Bryan Mastrangelo

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Sharon McKenna

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • Laura Racioppi

    TREASURER

    Total calculated
    $0
    Hours/week
    10

  • Robert Agostinelli

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Jamie Atkinson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    7

  • Dr James Bertsch

    TRUSTEE

    Total calculated
    $0
    Hours/week
    10

  • Jeffrey Butler

    TRUSTEE

    Total calculated
    $0
    Hours/week
    10

  • Judge Pierce Fox Cohalan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • William J Lindsay III

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Christopher Mallory

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Daniel J Murphy

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Maureen T Murphy

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Thomas Ronayne

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Bret Sears

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Christopher Wyllie

    EXECUTIVE DIRECTOR

    Total calculated
    $78,000
    From this org
    $78,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    35

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202323199349311442

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.