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Nonprofit · EIN 54-2152883

NATIONAL SAILING HALL OF FAME MUSEUM INC

Tax-exempt · NEWPORT, RI 02840

Financials

$2.8M$2.3M2023$1.3M$2.1M2024
Revenue Expenses · by fiscal year end
Financials of NATIONAL SAILING HALL OF FAME MUSEUM INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,312,972$2,081,165-$768,193$8,619,963$83,322$8,536,641
December 31, 2023990$2,790,854$2,327,182$463,672$10,566,862$1,262,028$9,304,834
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$928,346
Program service revenue
$319,550
Investment income
$17,923
Net rental income
$82,716
Net income from sales of inventory
-$37,173
Other revenue
$47,153

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$106,629
Other salaries and wages
$220,646
Salaries, compensation and benefits (total)
$372,919
Professional fundraising fees
$0
Accounting fees
$47,639
Occupancy
$120,281
Travel
$3,283
Depreciation
$880,110
Program services (functional)
$1,618,041
Management and general (functional)
$217,612
Fundraising (functional)
$245,512

Balance sheet and other

Total assets, start of year
$10,566,862
Total assets, end of year
$8,619,963
Total liabilities, end of year
$83,322
Net assets, end of year
$8,536,641
Land, buildings and equipment
$7,085,039
Publicly traded securities
$865,005
Net assets without donor restrictions
$7,746,470
Net assets with donor restrictions
$790,171
Gross unrelated business income
-$30,798
Gross receipts
$1,442,969
Employees
14
Volunteers
23
Year formed
2004
State of legal domicile
RI

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, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ASHLEY HOUSEHOLDEREXECUTIVE DIRECTOR
Officer
40$95,951$8,303
GARY JOBSONCO-PRESIDENT
Trustee or director, Officer
5$0$0
TOM WHIDDENCO-PRESIDENT
Trustee or director, Officer
5$0$0
TOM STARKTREASURER
Trustee or director, Officer
5$0$0
CHRIS OTOROWSKISECRETARY
Trustee or director, Officer
5$0$0
PEGGY COMFORTDIRECTOR
Trustee or director
5$0$0
CHARLIE DANADIRECTOR
Trustee or director
1$0$0
DREW FREIDESDIRECTOR
Trustee or director
1$0$0
ELWELL DAVIDDIRECTOR
Trustee or director
1$0$0
JAMES GUBELMANNDIRECTOR
Trustee or director
1$0$0
ROBBIE HAINESDIRECTOR
Trustee or director
1$0$0
JAMIE HILTONDIRECTOR
Trustee or director
1$0$0
SPIKE LOBELLDIRECTOR
Trustee or director
1$0$0
TARA LYNCHDIRECTOR
Trustee or director
1$0$0
BYRON MARCHANTDIRECTOR
Trustee or director
1$0$0
14 more people on this return
NameTitleHours / weekCompensation
DOROTY MOSKODIRECTOR
Trustee or director
1$0
CAROL O'MALLEYDIRECTOR
Trustee or director
1$0
JOHN MCNEILLDIRECTOR
Trustee or director
1$0
SHAWN OTOROWSKIDIRECTOR
Trustee or director
1$0
JIM RICHARDSONDIRECTOR
Trustee or director
1$0
ANDY ROSEDIRECTOR
Trustee or director
1$0
ART SENTRYDIRECTOR
Trustee or director
1$0
GORDY WAGNERDIRECTOR
Trustee or director
1$0
SANDS YELLOTDIRECTOR
Trustee or director
1$0
CHRIS BENZAKDIRECTOR
Trustee or director
1$0
SALLY HELMEDIRECTOR
Trustee or director
1$0
RICHARD NUGENTDIRECTOR
Trustee or director
1$0
PAM RORKE LEVYDIRECTOR
Trustee or director
1$0
RICH JEPSENDIRECTOR, EX-OFFICIO
Trustee or director
1$0
990 for the year ended December 31, 2023: 27 people
NameTitleHours / weekCompensationOther / benefits
HEATHER RUHSAM UNTIL 6302023EXECUTIVE DIRECTOR
Officer
40$165,110$7,817
ASHLEY HOUSEHOLDER START 712023EXECUTIVE DIRECTOR
Officer
40$89,135$8,438
GARY JOBSONCO-PRESIDENT
Trustee or director, Officer
5$0$0
TOM WHIDDENCO-PRESIDENT
Trustee or director, Officer
5$0$0
JAMES A HILTONTREASURER
Trustee or director, Officer
5$0$0
CHRIS OTOROWSKISECRETARY
Trustee or director, Officer
5$0$0
SANDRA SNIDER ASKEWDIRECTOR
Trustee or director
1$0$0
SPIKE LOBDELLDIRECTOR
Trustee or director
1$0$0
CHRIS BENZAKDIRECTOR
Trustee or director
1$0$0
BYRON MARCHANTDIRECTOR
Trustee or director
1$0$0
GUS CARLSONDIRECTOR
Trustee or director
1$0$0
PAM RORKE LEVYDIRECTOR
Trustee or director
1$0$0
MARGARET D COMFORTDIRECTOR
Trustee or director
1$0$0
RICH NUGENTDIRECTOR
Trustee or director
1$0$0
CHARLES A DANADIRECTOR
Trustee or director
1$0$0
JIM RICHARDSONDIRECTOR
Trustee or director
1$0$0
DREW FREIDESDIRECTOR
Trustee or director
1$0$0
ANDREW S ROSEDIRECTOR
Trustee or director
1$0$0
PETER GERARDDIRECTOR
Trustee or director
1$0$0
ARTHUR SANTRYDIRECTOR
Trustee or director
1$0$0
JAMES B GUBELMANDIRECTOR
Trustee or director
1$0$0
FRANK SAVAGEDIRECTOR
Trustee or director
1$0$0
ROBBIE HAINESDIRECTOR
Trustee or director
1$0$0
TOM STARKDIRECTOR
Trustee or director
1$0$0
SALLY HELMEDIRECTOR
Trustee or director
1$0$0
SANDS YELLOTDIRECTOR
Trustee or director
1$0$0
RICH JEPSENDIRECTOR, EX OFFICER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
365 THAMES ST, NEWPORT, RI 02840-6603
In care of
% HEATHER RUHSAM
Principal officer (990 for 2024)
THOMAS STARK, 365 THAMES STREET, NEWPORT, RI 02840
Signed the 990
THOMAS STARK, TREASURER
Phone
(401) 324-5761
Return prepared by
MULLEN SCORPIO & CERILLI

Mission

THE ORGANIZATION PRESERVES THE HISTORY OF SAILING AND ITS IMPACT ON AMERICAN CULTURE; HONORS THOSE WHO HAVE MADE OUTSTANDING CONTRIBUTIONS TO THE SPORT; DEMONSTRATES ITS VALUE FOR SCHOLASTIC AND LIFE SKILLS LEARNING; AND ENCOURAGES SAILING DEVELOPMENT AND PARTICIPATION.

990 for the year ended December 31, 2024

Program accomplishments

  • MUSEUM: IN MARCH 2019, THE SAILING MUSEUM PURCHASED REAL ESTATE IN NEWPORT, RI TO CREATE A MUSEUM AND VENUE FOR ON-SITE LEARNING AND TO BUILD A SUSTAINABLE ENTERPRISE - LONGSTANDING VISIONS FOR THE ORGANIZATION. IN MAY 2022, THE SAILING MUSEUM OPENED IT'S DOORS TO THE PUBLIC. IN THIS HISTORIC BUILDING, THE HERITAGE OF SAILING IS CELEBRATED, IT'S LEGENDS HONORED, AND NEW GENERATIONS OF SAILORS AND INNOVATORS CULTIVATED. THE MUSEUM IS A WELCOMING AND INCLUSIVE ACCESS POINT FOR ALL TO LEARN ABOUT THE SPORT OF SAILING THROUGH IMMERSIVE AND INTERACTIVE EXHIBITS.
    Expenses $919,115 · revenue $240,208
  • EDUCATIONAL PROGRAMS AND INDUCTION: THE MULTIMEDIA EXPERIENCE AT THE SAILING MUSEUM PROVIDES A PLATFORM FOR STEAM (SCIENCE, TECHNOLOGY, ENGINEERING, ART AND MATH) PROGRAMMING FOR CHILDREN AND ADULTS ALIKE. 2023 SAW THE LAUNCH OF THE NESS PARTNERSHIP SERVING 6TH GRADE SCIENCE MIDDLE SCHOOL STUDENTS AT THE THOMPSON MIDDLE SCHOOL IN NEWPORT. THIS PROGRAM CONTINUES.IN OCTOBER OF 2024 WE HOSTED THE 14TH ANNUAL INDUCTION TO THE HALL OF FAME. THE MUSEUM RECOGNIZES THE OUTSTANDING ACHIEVEMENTS OF U.S. SAILORS IN THREE CATEGORIES (SAILING, TECHNICAL, AND CONTRIBUTOR), AND LEVERAGES THESE ACHIEVEMENTS TO INSPIRE NEW GENERATIONS OF SAILORS. THE 2024 CEREMONY WAS HOSTED BY CHICAGO YACHT CLUB, INDUCTING 12 NEW MEMBERS INTO THE HALL OF FAME.
    Expenses $698,926 · revenue $79,642

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
54-2152883
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
2004
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$8,619,963
Income (IRS master file)
$1,442,969

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,312,972$2,081,165$8,619,963XML
990-TDecember 2024–––IRS
990December 2023$2,790,854$2,327,182$10,566,862XML
990-TDecember 2023–––IRS
990December 2022$1,401,815$2,024,820$11,548,014IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 54-2152883).

Questions about NATIONAL SAILING HALL OF FAME MUSEUM INC

What is the EIN of NATIONAL SAILING HALL OF FAME MUSEUM INC?
The employer identification number (EIN) of NATIONAL SAILING HALL OF FAME MUSEUM INC is 54-2152883.
Is NATIONAL SAILING HALL OF FAME MUSEUM INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to NATIONAL SAILING HALL OF FAME MUSEUM INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NATIONAL SAILING HALL OF FAME MUSEUM INC 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 NATIONAL SAILING HALL OF FAME MUSEUM INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NATIONAL SAILING HALL OF FAME MUSEUM INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of NATIONAL SAILING HALL OF FAME MUSEUM INC?
The 990 for the year ended December 31, 2024 names THOMAS STARK.
Who are the officers and directors of NATIONAL SAILING HALL OF FAME MUSEUM INC?
The 990 for the year ended December 31, 2024 lists 29 people; 1 received compensation from the organization, the highest $95,951 (ASHLEY HOUSEHOLDER, EXECUTIVE DIRECTOR).
How much revenue does NATIONAL SAILING HALL OF FAME MUSEUM INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,312,972, expenses of $2,081,165 and total assets of $8,619,963 at year end.

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