Skip to content
Nonprofiteer
← NATIONAL COAST GUARD MUSEUM ASSOCIATION INC

Form 990 for tax year 2024

Filed by NATIONAL COAST GUARD MUSEUM ASSOCIATION INC.

Totals

Total revenue
$19,498,324
Total expenses
$3,438,856
Contributions and grants received
$19,386,854
Grants paid
$0
Program service revenue
$0
Investment income
$85,995
Other revenue
$25,475
Total assets, end of year
$51,784,990
Total liabilities, end of year
$5,681,006
Net assets or fund balances, end of year
$46,103,984
Program services expenses (Part IX)
$1,327,468
Management and general expenses
$314,258
Fundraising expenses
$1,797,130
Program service expenses (Part III)
$1,327,468

Program services were 38.6% 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.

  • 1e · Government grants (contributions)

    $14,964,457

  • 1f · All other contributions, gifts and grants

    $4,422,397

  • 1g · Noncash contributions included above

    $160,259

  • 3 · Investment income

    total $85,909 · excluded $85,909

  • 7a · Gross sales of assets other than inventory

    securities $160,259

  • 7b · Less cost or other basis and sales expenses

    securities $160,173

  • 7c · Gain or loss

    securities $86

  • 7d · Net gain or loss

    total $86 · excluded $86

  • 11a · Other revenue: ADVERTISING

    total $22,200 · unrelated business $22,200

  • 11b · Other revenue: CREDIT CARD REWARDS

    total $3,275 · excluded $3,275

  • 11e · Other revenue, total

    $25,475

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $537,134 · program services $222,292 · management and general $49,318 · fundraising $265,524

  • 7 · Other salaries and wages

    total $1,090,007 · program services $231,290 · management and general $62,882 · fundraising $795,835

  • 8 · Pension plan contributions

    total $33,462 · program services $6,440 · management and general $2,997 · fundraising $24,025

  • 9 · Other employee benefits

    total $113,518 · program services $26,962 · management and general $10,234 · fundraising $76,322

  • 10 · Payroll taxes

    total $131,547 · program services $36,405 · management and general $9,038 · fundraising $86,104

  • 11b · Fees: legal

    total $15,276 · management and general $15,276

  • 11c · Fees: accounting

    total $81,872 · program services $2,972 · management and general $78,900

  • 11e · Fees: professional fundraising services

    total $138,402 · fundraising $138,402

  • 11f · Fees: investment management

    total $1,287 · management and general $1,287

  • 11g · Fees: other

    total $214,664 · program services $114,120 · management and general $48,609 · fundraising $51,935

  • 12 · Advertising and promotion

    total $22,950 · program services $16,822 · management and general $5,223 · fundraising $905

  • 13 · Office expenses

    total $212,425 · program services $53,570 · management and general $13,019 · fundraising $145,836

  • 14 · Information technology

    total $44,434 · program services $10,819 · management and general $2,697 · fundraising $30,918

  • 16 · Occupancy

    total $55,921 · program services $29,768 · management and general $5,389 · fundraising $20,764

  • 17 · Travel

    total $65,282 · program services $38,753 · management and general $576 · fundraising $25,953

  • 20 · Interest

    total $574 · program services $467 · management and general $28 · fundraising $79

  • 22 · Depreciation, depletion and amortization

    total $4,451 · management and general $4,451

  • 23 · Insurance

    total $10,065 · program services $3,564 · management and general $1,047 · fundraising $5,454

  • 24a · Other expenses: READERSHIP COSTS

    total $514,286 · program services $484,287 · management and general $2,360 · fundraising $27,639

  • 24b · Other expenses: PAVER CAMPAIGN COSTS

    total $67,126 · fundraising $67,126

  • 24c · Other expenses: EVENT COSTS

    total $43,208 · program services $29,370 · management and general $240 · fundraising $13,598

  • 24d · Other expenses: PROMOTIONAL MERCHANDISE

    total $18,709 · program services $117 · fundraising $18,592

  • 24e · All other expenses

    total $22,256 · program services $19,450 · management and general $687 · fundraising $2,119

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,645,439 · end of year $884,401

  • 2 · Savings and temporary cash investments

    beginning of year $1,404,104 · end of year $4,089,752

  • 3 · Pledges and grants receivable

    beginning of year $8,322,821 · end of year $9,478,887

  • 4 · Accounts receivable

    beginning of year $11,035 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $62,892 · end of year $60,052

  • 9 · Prepaid expenses and deferred charges

    beginning of year $30,060 · end of year $119,373

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

    $37,161,423

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

    $25,660

  • 10c · Land, buildings and equipment, net

    beginning of year $19,033,247 · end of year $37,135,763

  • 15 · Other assets

    beginning of year $2,600 · end of year $16,762

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,340,068 · end of year $5,681,006

  • 27 · Net assets without donor restrictions

    beginning of year $24,626,431 · end of year $40,444,772

  • 28 · Net assets with donor restrictions

    beginning of year $5,545,699 · end of year $5,659,212

Mission and programs · 2024

Mission

TO EDUCATE THE PUBLIC ABOUT THE EVOLUTION OF THE MARITIME AND MILITARY HISTORY OF THE COAST GUARD AND ITS CONTRIBUTION TO AMERICA.

  • TO EDUCATE THE PUBLIC ABOUT THE EVOLUTION OF THE MARITIME AND MILITARY HISTORY OF THE COAST GUARD AND ITS CONTRIBUTION TO AMERICA. IN 2014 THE ASSOCIATION BEGAN THE PROCESS OF CONSTRUCTION OF THE MUSEUM AND A PEDESTRIAN BRIDGE LINKING THE MUSEUM TO LOCAL TRANSPORTATION FACILITIES. CONSTRUCTION COSTS THROUGH THE END OF 2024 TOTALED $37,122,531.

    Expenses $1,327,468

As filed on the 2024 return.

Listed in Part VII

  • Capt Wes Pulver

    PRESIDENT

    Total calculated
    $194,379
    From this org
    $182,129
    From related orgs
    $0
    Other
    $12,250
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $182,129
    Bonus
    $0
    Other
    $0
    Deferred
    $5,464
    Nontaxable benefits
    $6,786
    Filer's total
    $194,379

  • Susan Curtin

    CHAIR

    Total calculated
    $0
    Hours/week
    10

  • Radm Richard M Larrabee

    TREASURER

    Total calculated
    $0
    Hours/week
    8

  • Cdr Kevin Harkins

    SECRETARY

    Total calculated
    $0
    Hours/week
    4

  • Jeff Kingsley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Stephen Lovelette

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Adm James M Loy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • McPocg Vincent W Patton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Michael Rauh

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Radm Richard W Schneider PhD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Craig Schroeder

    DEVELOPMENT DIRECTOR

    Total calculated
    $175,952
    From this org
    $168,100
    From related orgs
    $0
    Other
    $7,852
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $168,100
    Bonus
    $0
    Other
    $0
    Deferred
    $5,043
    Nontaxable benefits
    $2,809
    Filer's total
    $175,952

  • Mark Walsh

    CHIEF OPERATING OFFICER

    Total calculated
    $166,803
    From this org
    $153,750
    From related orgs
    $0
    Other
    $13,053
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $153,750
    Bonus
    $0
    Other
    $0
    Deferred
    $4,613
    Nontaxable benefits
    $8,440
    Filer's total
    $166,803

  • Victor Hernandez

    SR MAJOR GIFTS OFFICER

    Total calculated
    $177,527
    From this org
    $160,028
    From related orgs
    $0
    Other
    $17,499
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $160,028
    Bonus
    $0
    Other
    $0
    Deferred
    $4,801
    Nontaxable benefits
    $12,698
    Filer's total
    $177,527

  • Catherine Janney

    ANNUAL GIVING DIRECTOR

    Total calculated
    $119,450
    From this org
    $110,000
    From related orgs
    $0
    Other
    $9,450
    Hours/week
    40

  • Katherine Bainbridge

    SENIOR MAJOR GIFTS OFFICER

    Total calculated
    $115,875
    From this org
    $112,500
    From related orgs
    $0
    Other
    $3,375
    Hours/week
    40

  • Patricia Fazio Director

    OF MARKETING AND COMMUNICATIONS

    Total calculated
    $171,052
    From this org
    $163,805
    From related orgs
    $0
    Other
    $7,247
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $163,805
    Bonus
    $0
    Other
    $0
    Deferred
    $4,852
    Nontaxable benefits
    $2,395
    Filer's total
    $171,052

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
20 October 2025
IRS schema version
2024v5.2
Source object
202512939349301526

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.