Nonprofit · EIN 52-1104476
US NAVY MEMORIAL FOUNDATION
Tax-exempt · WASHINGTON, DC 20004
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $7,102,576 | $6,586,006 | $516,570 | $9,951,923 | $6,793,539 | $3,158,384 |
| December 31, 2024 | 990 | $6,467,397 | $7,614,558 | -$1,147,161 | $9,304,820 | $6,799,084 | $2,505,736 |
| December 31, 2023 | 990 (amended) | $7,887,763 | $5,892,995 | $1,994,768 | $5,543,274 | $1,947,422 | $3,595,852 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $5,408,023
- Program service revenue
- $877,628
- Investment income
- $33,746
- Net income from sales of inventory
- $213,879
- Other revenue
- $783,179
Expenses
- Grants and similar amounts paid
- $10,000
- Compensation of officers, directors and key employees
- $486,387
- Other salaries and wages
- $1,594,383
- Salaries, compensation and benefits (total)
- $2,381,682
- Professional fundraising fees
- $286,000
- Legal fees
- $2,105
- Accounting fees
- $69,652
- Occupancy
- $1,052,025
- Travel
- $40,074
- Depreciation
- $153,885
- Program services (functional)
- $4,588,654
- Management and general (functional)
- $473,310
- Fundraising (functional)
- $1,524,042
Balance sheet and other
- Total assets, start of year
- $9,304,820
- Total assets, end of year
- $9,951,923
- Total liabilities, end of year
- $6,793,539
- Net assets, end of year
- $3,158,384
- Land, buildings and equipment
- $1,393,975
- Publicly traded securities
- $1,413,784
- Net assets without donor restrictions
- $2,420,337
- Net assets with donor restrictions
- $738,047
- Gross unrelated business income
- $101,605
- Gross receipts
- $7,587,283
- Employees
- 27
- Volunteers
- 18
- Year formed
- 1977
- State of legal domicile
- IL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| VADM JOHN NOWELL JR USN RET | PRESIDENT & CEO Trustee or director, Officer | 40 | $294,924 | $10,863 |
| MR SCOTT D MATIRNE | CFO Officer | 40 | $167,565 | $13,035 |
| MR JESSIE D COTTER | VP OF DEVELOPMENT Highest-paid employee | 40 | $147,337 | $11,768 |
| CMDCM VICTOR SMITH USN RET | VP OF PROGRAMS & EVENTS Highest-paid employee | 40 | $152,389 | $5,559 |
| MS TERESE WINEGAN | DIRECTOR, SALES & EVENT OP Highest-paid employee | 40 | $118,439 | $10,027 |
| CMDCM GLENDA ATWOOD USN RET | DPT DIRECTOR, NATIONAL CHI Highest-paid employee | 40 | $114,274 | $4,579 |
| MS NATALIE MORRONE | DIRECTOR OF ENGAGEMENT Highest-paid employee | 40 | $107,387 | $7,673 |
| VADM CAROL POTTENGER USN RET | ACTING CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| MR JOHN BURKE | TREASURER (THRU 11/25) Trustee or director, Officer | 1 | $0 | $0 |
| CAPT MARTIN MENEZ USN RET | TREASURER (FROM 12/25) Trustee or director, Officer | 1 | $0 | $0 |
| RADM SAMUEL PEREZ JR USN RET | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| MR JOHN BUSH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RADM MARK BUZBY USN RET | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MR LAWRENCE DI RITA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RADM MARK HEINRICH USN RET | DIRECTOR Trustee or director | 1 | $0 | $0 |
14 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MCPON JAMES HERDT USN RET | DIRECTOR Trustee or director | 1 | $0 |
| MR SEAN HOWARD | DIRECTOR Trustee or director | 1 | $0 |
| MR MATTHEW KIRTLAND | DIRECTOR Trustee or director | 1 | $0 |
| VADM LUKE MCCOLLUM USN RET | DIRECTOR Trustee or director | 1 | $0 |
| CDR WILLIAM NEWELL USN RET | DIRECTOR Trustee or director | 1 | $0 |
| MR TIM PAYNTER | DIRECTOR (FROM 09/25) Trustee or director | 1 | $0 |
| MS GIAO PHAN | DIRECTOR (FROM 04/25) Trustee or director | 1 | $0 |
| LCDR MATTHEW PREVITS USN RET | DIRECTOR Trustee or director | 1 | $0 |
| MR SCOTT SLOAN | DIRECTOR (FROM 09/25) Trustee or director | 1 | $0 |
| CAPT JON SPANER USCG RET | DIRECTOR Trustee or director | 1 | $0 |
| MR VICTOR TRIONE | DIRECTOR Trustee or director | 1 | $0 |
| MS JACQUELINE ARENDS | DIRECTOR (THRU 09/25) Trustee or director | 1 | $0 |
| MS JO DECKER | DIRECTOR (THRU 09/25) Trustee or director | 1 | $0 |
| MR THOMAS KUHN | DIRECTOR (THRU 09/25) Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 29 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RDML FRANK THORP IV USN RET | PRESIDENT/CEO (THRU 6/14/24) Officer | 40 | $199,950 | $3,953 |
| MR SCOTT D MATIRNE | CFO Officer | 40 | $167,728 | $12,114 |
| VADM JOHN NOWELL JR USN RET | PRESIDENT/CEO (FROM 6/14/24) Trustee or director, Officer | 40 | $173,099 | $37 |
| MS LISA BARKER | VP OF DEVELOPMENT (THRU 11/15/24) Highest-paid employee | 40 | $147,553 | $10,319 |
| CMDCM VICTOR SMITH USN RET | VP OF PROGRAMS & EVENTS Highest-paid employee | 40 | $146,200 | $5,416 |
| MS TERESE WINEGAN | DIRECTOR, SALES & EVENT OP Highest-paid employee | 40 | $121,807 | $9,180 |
| CMDCM GLENDA ATWOOD USN RET | DPT DIRECTOR, NATIONAL CHIEF'S MESS Highest-paid employee | 40 | $117,196 | $9,295 |
| MR WESLEY SMITH | VP PROGRAMS & ENGMNT (THRU 12/2/24) Highest-paid employee | 40 | $110,116 | $0 |
| VADM CAROL POTTENGER USN RET | ACTING CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| MR JOHN BURKE | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| VADM HAROLD STARLING II USN RET | SECRETARY (THRU 9/20/24) Trustee or director, Officer | 1 | $0 | $0 |
| RADM SAMUEL PEREZ JR USN RET | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| MS JACQUELINE ARENDS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MR JOHN BUSH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RADM MARK BUZBY USN RET | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MS JO DECKER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MR LAWRENCE DI RITA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RADM MARK HEINRICH USN RET | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MCPON JAMES HERDT USN RET | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MR SEAN HOWARD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MR MATTHEW KIRTLAND | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MR THOMAS KUHN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VADM LUKE MCCOLLUM USN RET | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CAPT MARTIN MENEZ USN RET | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CDR WILLIAM NEWELL USN RET | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LCDR MATTHEW PREVITS USN RET | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CAPT JON SPANER USCG RET | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CAPT JOSEPH SPRUILL USN RET | DIRECTOR (THRU 9/20/24) Trustee or director | 1 | $0 | $0 |
| MR VICTOR TRIONE | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 25 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RDML FRANK THORP IV USN RET | PRESIDENT/CEO Trustee or director, Officer | 40 | $253,697 | $6,781 |
| MR SCOTT D MATIRNE | CFO Officer | 40 | $159,182 | $9,544 |
| MS LISA BARKER | VP OF DEVELOPMENT (2/27/23) Highest-paid employee | 40 | $147,613 | $8,146 |
| MS ERIN HARROUN | VP PROGRAMS & ENGAGEMENT Highest-paid employee | 40 | $138,400 | $7,173 |
| CMDCM VICTOR SMITH | DIRECTOR, NAT'L CHIEF'S MESS Highest-paid employee | 40 | $124,218 | $3,428 |
| MSTERESE WINEGAN | DIRECTOR, SALES & EVENT OPERATIONS Highest-paid employee | 40 | $108,841 | $7,379 |
| ADM JOHN C HARVEY JR USN RET | CHAIRMAN (RESIGNED 6/30/23) Trustee or director, Officer | 1 | $0 | $0 |
| VADM CAROL M POTTENGER USN RET | ACTING CHAIRMAN & VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| MR JOHN B BURKE | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| VADM HAROLD D STARLING II USN RET | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| MR JOHN P BUSH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MS JACQUELINE ARENDS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MR LAWRENCE DI RITA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RADM MARK HEINRICH SC USN RET | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MCPON JAMES L HERDT USN RET | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MR MATTHEW H KIRTLAND | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MR THOMAS R KUHN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CDR HARRY COKER JR USN RET | DIRECTOR (RESIGNED 12/21/2023) Trustee or director | 1 | $0 | $0 |
| MS JO DECKER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CAPT JOSEPH L SPRUILL USN RET | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MR VICTOR S TRIONE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VADM LUKE MCCOLLUM USN RET | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RADM SAMUEL PEREZ JR USN RET | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CDR WILLIAM NEWELL USN RET | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MR MATTHEW PREVITS | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 701 PENNSYLVANIA AVE NW STE 123, WASHINGTON, DC 20004-2688
- Principal officer (990 for 2025)
- VADM JOHN B NOWELL JR, 701 PENNSYLVANIA AVENUE NW 123, WASHINGTON, DC 20004
- Signed the 990
- VADM JOHN B NOWELL JR USN RET, PRESIDENT & CEO
- Phone
- (202) 380-0762
- Website
- WWW.NAVYMEMORIAL.ORG
- Return prepared by
- CHERRY BEKAERT ADVISORY LLC
Mission
THE NAVY MEMORIAL MISSION IS TO HONOR, RECOGNIZE AND CELEBRATE THE MEN AND WOMEN OF THE SEA SERVICES AND THE IMPORTANT CONTRIBUTIONS MADE BY THEM WHILE SERVING IN THE UNITED STATES NAVY, MARINE CORPS, COAST GUARD AND MERCHANT MARINES. THE NAVY MEMORIAL SERVES TO EDUCATE AND INSPIRE THE AMERICAN PEOPLE ABOUT THE VITAL ROLE THAT THE SEA SERVICES PLAY IN OUR NATIONAL SECURITY AND THE RICH MARITIME HISTORY OF THE UNITED STATES.
Program accomplishments
- VISITOR CENTER SERVICES - THE VISITOR CENTER HONORS, RECOGNIZES, CELEBRATES, AND INFORMS THE PUBLIC ABOUT AMERICA'S ENDURING MARITIME HERITAGE THROUGH COMMEMORATIVE CEREMONIES, REUNION MEETINGS, REENLISTMENT AND RETIREMENT CEREMONIES, BAND CONCERTS, FILM AND VIDEO PRESENTATIONS, PHOTOGRAPHIC AND DATA COLLECTIONS, SPECIAL EVENTS, AND EXHIBITS.Expenses $2,622,010 · revenue $615,645
- EDUCATIONAL SERVICES: SEE SCHEDULE O FOR COMPLETE DESCRIPTION.Expenses $168,469 · grants $10,000 · revenue $261,983
- SPECIAL EVENTS: SEE SCHEDULE O FOR COMPLETE DESCRIPTION.Expenses $1,405,262
- SALES OF MEMORABILIA TO FURTHER EDUCATE THE PUBLIC REGARDING THE ROLE OF THE NAVY AND THE CONTRIBUTIONS OF THOSE WHO HAVE SERVED THE UNITED STATES IN THE NAVY, MARINE CORPS, COAST GUARD OR MERCHANT MARINES.Expenses $392,913 · revenue $213,879
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 52-1104476
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1978
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A800)
- Assets (IRS master file)
- $9,951,923
- Income (IRS master file)
- $7,587,283
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $7,102,576 | $6,586,006 | $9,951,923 | XML |
| 990-T | December 2025 | – | – | – | IRS |
| 990 | December 2024 | $6,467,397 | $7,614,558 | $9,304,820 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $7,887,763 | $5,892,995 | $5,543,274 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $5,265,255 | $5,843,410 | $3,653,828 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-1104476).
Questions about US NAVY MEMORIAL FOUNDATION
- What is the EIN of US NAVY MEMORIAL FOUNDATION?
- The employer identification number (EIN) of US NAVY MEMORIAL FOUNDATION is 52-1104476.
- Is US NAVY MEMORIAL FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
- Are donations to US NAVY MEMORIAL FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does US NAVY MEMORIAL FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of US NAVY MEMORIAL FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did US NAVY MEMORIAL FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of US NAVY MEMORIAL FOUNDATION?
- The 990 for the year ended December 31, 2025 names VADM JOHN B NOWELL JR.
- Who are the officers and directors of US NAVY MEMORIAL FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 29 people; 7 received compensation from the organization, the highest $294,924 (VADM JOHN NOWELL JR USN RET, PRESIDENT & CEO).
- How much revenue does US NAVY MEMORIAL FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $7,102,576, expenses of $6,586,006 and total assets of $9,951,923 at year end.
Other nonprofits in WASHINGTON
- SMITHSONIAN INSTITUTE EIN 53-0206027 · last filed 990 for 2025
- JOHN F KENNEDY CENTER FOR THE PERFORMING ARTS EIN 53-0245017 · last filed 990 for 2025
- NATIONAL PUBLIC RADIO INC EIN 52-0907625 · last filed 990 for 2025
- TRUST FOR THE NATIONAL MALL EIN 30-0080738 · last filed 990 for 2025
- UNITED STATES HOLOCAUST MEMORIAL COUNCIL EIN 52-1309391 · last filed 990 for 2025
- RFE-RL INC EIN 52-1068522 · last filed 990 for 2025
- NATIONAL TRUST FOR HISTORIC PRESERVATION IN THE UNITED STATES EIN 53-0210807 · last filed 990 for 2025
- RADIO FREE ASIA EIN 52-1968145 · last filed 990 for 2025
All nonprofits in WASHINGTON · District of Columbia · Arts, culture and humanities