Skip to content
Nonprofiteer
← ARMY HISTORICAL FOUNDATION INC

Form 990 for tax year 2024

Filed by ARMY HISTORICAL FOUNDATION INC.

Totals

Total revenue
$9,541,056
Total expenses
$10,569,920
Contributions and grants received
$7,672,619
Grants paid
$9,815
Program service revenue
$64,508
Investment income
$7,539
Other revenue
$1,796,390
Total assets, end of year
$6,251,500
Total liabilities, end of year
$23,840,652
Net assets or fund balances, end of year
-$17,589,152
Program services expenses (Part IX)
$5,469,673
Management and general expenses
$1,911,526
Fundraising expenses
$3,188,721
Program service expenses (Part III)
$5,469,673

Program services were 51.7% 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)

    $155,000

  • 1f · All other contributions, gifts and grants

    $7,517,619

  • 1g · Noncash contributions included above

    $497,604

  • 2a · Program service revenue: Educational Tours

    total $64,508 · related or exempt $64,508

  • 3 · Investment income

    total $7,539 · excluded $7,539

  • 10a · Gross sales of inventory

    $1,832,670

  • 10b · Cost of goods sold

    $36,280

  • 10c · Net income from sales of inventory

    total $1,796,390 · related or exempt $1,796,390

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,500 · program services $2,500

  • 2 · Grants to domestic individuals

    total $7,315 · program services $7,315

  • 5 · Compensation of officers, directors and key employees

    total $498,649 · program services $129,443 · management and general $148,099 · fundraising $221,107

  • 7 · Other salaries and wages

    total $2,222,823 · program services $577,018 · management and general $660,179 · fundraising $985,626

  • 8 · Pension plan contributions

    total $71,984 · program services $18,686 · management and general $21,379 · fundraising $31,919

  • 9 · Other employee benefits

    total $170,225 · program services $44,188 · management and general $50,557 · fundraising $75,480

  • 10 · Payroll taxes

    total $191,837 · program services $49,798 · management and general $56,976 · fundraising $85,063

  • 11b · Fees: legal

    total $17,357 · management and general $17,357

  • 11c · Fees: accounting

    total $62,391 · management and general $62,391

  • 11e · Fees: professional fundraising services

    total $799,480 · fundraising $799,480

  • 11g · Fees: other

    total $391,126 · program services $17,856 · management and general $107,670 · fundraising $265,600

  • 12 · Advertising and promotion

    total $231,384 · program services $108,811 · fundraising $122,573

  • 13 · Office expenses

    total $508,342 · program services $50,867 · management and general $268,946 · fundraising $188,529

  • 16 · Occupancy

    total $48,547 · program services $4,944 · management and general $25,279 · fundraising $18,324

  • 17 · Travel

    total $44,321 · program services $19,720 · management and general $6,585 · fundraising $18,016

  • 19 · Conferences, conventions and meetings

    total $602 · program services $64 · fundraising $538

  • 20 · Interest

    total $2,929,517 · program services $2,880,926 · management and general $12,148 · fundraising $36,443

  • 22 · Depreciation, depletion and amortization

    total $172,080 · program services $17,525 · management and general $89,604 · fundraising $64,951

  • 23 · Insurance

    total $44,892 · program services $14,964 · management and general $7,482 · fundraising $22,446

  • 24a · Other expenses: Museum Operations

    total $1,731,105 · program services $1,456,578 · management and general $274,527

  • 24b · Other expenses: Website/Newsletter

    total $168,777 · program services $38,125 · fundraising $130,652

  • 24c · Other expenses: Bad Debt

    total $122,491 · program services $14,712 · management and general $48,428 · fundraising $59,351

  • 24d · Other expenses: Dues and Subscriptions

    total $13,263 · program services $1,351 · management and general $6,906 · fundraising $5,006

  • 24e · All other expenses

    total $118,912 · program services $14,282 · management and general $47,013 · fundraising $57,617

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $6,280 · end of year $6,064

  • 2 · Savings and temporary cash investments

    beginning of year $695,885 · end of year $1,701,690

  • 3 · Pledges and grants receivable

    beginning of year $4,113,205 · end of year $3,696,966

  • 4 · Accounts receivable

    beginning of year $8,406 · end of year $25,211

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    beginning of year $91,090 · end of year $92,601

  • 9 · Prepaid expenses and deferred charges

    beginning of year $54,383 · end of year $44,391

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

    $733,840

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

    $564,276

  • 10c · Land, buildings and equipment, net

    beginning of year $341,645 · end of year $169,564

  • 15 · Other assets

    beginning of year $865 · end of year $515,013

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,244,766 · end of year $520,114

  • 19 · Deferred revenue

    beginning of year $59,457 · end of year $36,917

  • 23 · Secured mortgages and notes payable

    beginning of year $20,567,824 · end of year $23,283,621

  • 27 · Net assets without donor restrictions

    beginning of year -$20,588,357 · end of year -$21,286,118

  • 28 · Net assets with donor restrictions

    beginning of year $4,028,069 · end of year $3,696,966

Mission and programs · 2024

Mission

See Sch O

  • 2024 National Museum Program: The foundation operated all revenue-generating activities for the National Museum of the United States Army. The U.S. Army owns, operates, and maintains the Museum, while the Foundation is responsible for revenue generation, fundraising, and membership. Revenue-generating activities include but are not limited to, special events, retail service, food services (cafe and catering), and simulators.

    Expenses $4,728,758 · Revenue $1,897,178

  • See Schedule O

    Expenses $740,915 · Grants $9,815

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • GEN Eric K Shinseki USA-Ret

    Board Chair

    Total calculated
    $0
    Hours/week
    1

  • LTG Larry Jordan USA-Ret

    Board Vice Chair

    Total calculated
    $0
    Hours/week
    1

  • GEN Dennis L Via USA-Ret

    Board Director

    Total calculated
    $0
    Hours/week
    1

  • LTG Jeffrey Sorenson USA-Ret

    Board Director

    Total calculated
    $0
    Hours/week
    1

  • MG Russell L Fuhrman USA-Ret

    Board Director

    Total calculated
    $0
    Hours/week
    1

  • BG Cindy Jebb USA-Ret

    Board Director

    Total calculated
    $0
    Hours/week
    1

  • SMA Kenneth O Preston USA-Ret

    Board Director

    Total calculated
    $0
    Hours/week
    1

  • Debbie Rub Brooks

    Board Director

    Total calculated
    $0
    Hours/week
    1

  • Don M Fox

    Board Director

    Total calculated
    $0
    Hours/week
    1

  • Dan C Starks

    Board Director

    Total calculated
    $0
    Hours/week
    1

  • Robert J George

    Board Director

    Total calculated
    $0
    Hours/week
    1

  • Arsalan Lutfi

    Board Director

    Total calculated
    $0
    Hours/week
    1

  • Michael W Royer

    Board Director

    Total calculated
    $0
    Hours/week
    1

  • BG Burdett K Thompson USA-Ret

    President

    Total calculated
    $272,527
    From this org
    $262,019
    From related orgs
    $0
    Other
    $10,508
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $262,019
    Bonus
    $0
    Other
    $0
    Deferred
    $10,481
    Nontaxable benefits
    $27
    Filer's total
    $272,527

  • Paul J Weiler

    VP Finance/Accounting, Treasurer

    Total calculated
    $213,977
    From this org
    $194,084
    From related orgs
    $0
    Other
    $19,893
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $157,082
    Bonus
    $0
    Other
    $37,002
    Deferred
    $6,283
    Nontaxable benefits
    $13,610
    Filer's total
    $213,977

  • COL Erica L Herzog USA-Ret

    Board Secretary

    Total calculated
    $12,145
    From this org
    $12,145
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Jamie L Hubans

    Deputy/Vice President of Museum Marketing & Commun

    Total calculated
    $190,398
    From this org
    $178,099
    From related orgs
    $0
    Other
    $12,299
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $178,099
    Bonus
    $0
    Other
    $0
    Deferred
    $7,173
    Nontaxable benefits
    $5,126
    Filer's total
    $190,398

  • Mark J Morin

    VP Opertions

    Total calculated
    $180,922
    From this org
    $167,692
    From related orgs
    $0
    Other
    $13,230
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $167,692
    Bonus
    $0
    Other
    $0
    Deferred
    $6,615
    Nontaxable benefits
    $6,615
    Filer's total
    $180,922

  • Matthew J Seelinger

    Chief Historian

    Total calculated
    $110,923
    From this org
    $104,228
    From related orgs
    $0
    Other
    $6,695
    Hours/week
    40

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 · 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
24 July 2025
IRS schema version
2024v5.2
Source object
202532069349300223

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.