Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $230,158

• 1d · Related organizations

  $4,613,608

• 1e · Government grants (contributions)

  $615,953

• 1f · All other contributions, gifts and grants

  $2,848,317

• 2a · Program service revenue: ADMISSIONS & TOURS

  total $169,099 · related or exempt $169,099

• 6a · Gross rents

  real property $236,383

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $236,383

• 6d · Net rental income or loss

  total $236,383 · excluded $236,383

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

  other assets $261,410

• 7c · Gain or loss

  other assets -$261,410

• 7d · Net gain or loss

  total -$261,410 · excluded -$261,410

• 10a · Gross sales of inventory

  $95,864

• 10b · Cost of goods sold

  $47,026

• 10c · Net income from sales of inventory

  total $48,838 · related or exempt $48,838

• 11a · Other revenue: OTHER INCOME

  total $20,706 · related or exempt $20,706

• 11e · Other revenue, total

  $20,706

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $1,112,568 · program services $399,011 · management and general $358,881 · fundraising $354,676

• 7 · Other salaries and wages

  total $2,789,491 · program services $1,743,676 · management and general $161,585 · fundraising $884,230

• 8 · Pension plan contributions

  total $4,739 · program services $18,537 · management and general -$17,151 · fundraising $3,353

• 9 · Other employee benefits

  total $396,729 · program services $246,291 · management and general $28,104 · fundraising $122,334

• 10 · Payroll taxes

  total $271,943 · program services $164,638 · management and general $31,996 · fundraising $75,309

• 11b · Fees: legal

  total $729 · program services $328 · management and general $109 · fundraising $292

• 11c · Fees: accounting

  total $16,000 · management and general $16,000

• 11g · Fees: other

  total $235,025 · program services $128,020 · management and general $18,063 · fundraising $88,942

• 12 · Advertising and promotion

  total $409,687 · program services $383,319 · management and general $86 · fundraising $26,282

• 13 · Office expenses

  total $321,913 · program services $249,909 · management and general $33,382 · fundraising $38,622

• 14 · Information technology

  total $223,815 · program services $86,221 · management and general $85,500 · fundraising $52,094

• 16 · Occupancy

  total $775,861 · program services $552,693 · management and general $178,443 · fundraising $44,725

• 17 · Travel

  total $97,369 · program services $67,441 · management and general $4,243 · fundraising $25,685

• 19 · Conferences, conventions and meetings

  total $30,427 · program services $17,330 · management and general $6,416 · fundraising $6,681

• 22 · Depreciation, depletion and amortization

  total $3,986,719 · program services $3,986,719

• 23 · Insurance

  total $85,368 · program services $72,354 · management and general $13,014

• 24a · Other expenses: FUNDRAISING EXPENSES

  total $487,956 · fundraising $487,956

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,513,162 · end of year $1,358,300

• 3 · Pledges and grants receivable

  beginning of year $152,712 · end of year $1,241,787

• 4 · Accounts receivable

  beginning of year $55,474 · end of year $15,074

• 8 · Inventories for sale or use

  beginning of year $32,329 · end of year $37,572

• 9 · Prepaid expenses and deferred charges

  beginning of year $41,758 · end of year $68,710

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

  $69,778,597

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

  $21,606,386

• 10c · Land, buildings and equipment, net

  beginning of year $50,014,884 · end of year $48,172,211

• 14 · Intangible assets

  beginning of year $63,403 · end of year $52,534

• 15 · Other assets

  beginning of year $312,081 · end of year $452,379

• 17 · Accounts payable and accrued expenses

  beginning of year $517,156 · end of year $1,231,910

• 19 · Deferred revenue

  beginning of year $64,903 · end of year $147,302

• 27 · Net assets without donor restrictions

  beginning of year $51,690,235 · end of year $49,447,489

• 28 · Net assets with donor restrictions

  beginning of year $913,509 · end of year $571,866

The filer's explanations (Part III)

PART I, LINE 1A

SOCIAL CLUB DUES ARE PAID FOR THE ORGANIZATION'S CEO, FOR HIS USE IN CONDUCTING MUSEUM BUSINESS. ANY PERSONAL USE OF THE CLUS IS ADDED AS COMPENSATION.

PART II, COLUMNS B-F:

AMY TAYLOR IS A BOARD MEMBER OF THE NVMM OPERATING COMPANY AND IS CHIEF OPERATING OFFICER OF A RELATED ORGANIZATION, COLUMBUS DOWNTOWN DEVELOPMENT CORPORATION (CDDC). CDDC IS CONSIDERED A RELATED ENTITY DUE TO ITS SOLE CORPORATE MEMBERSHIP IN THE NVMMOC. CDDC WAS THE ORIGINAL DEVELOPER OF THE NVMM AND CONTINUES TO PROVIDE FINANCIAL CONTRIBUTIONS TO THE NVMOC AND NVMMF. THE NVMMOC PAYS NO PART OF MS. TAYLOR'S COMPENSATION AT CDDC.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• NVMM HOLDINGS LTD

  MUSEUM OPERATIONS · OH · income $8,838,244 · assets $51,398,567

  Directly controlled by NATIONAL VETERANS MEMORIAL AND MUSEUM OPERATING CORPORATION