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Nonprofit · EIN 85-3976615

NAVY MUSEUM DEVELOPMENT FOUNDATION

Tax-exempt · WASHINGTON, DC 20002

Financials

$4.1M$1.2M2023$6M$3.4M2024
Revenue Expenses · by fiscal year end
Financials of NAVY MUSEUM DEVELOPMENT FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2024990$6,022,132$3,412,800$2,609,332$9,426,513$3,332,949$6,093,564
December 31, 2023990$4,066,878$1,218,203$2,848,675$5,570,479$2,086,247$3,484,232
Financial details: 990 for the year ended September 30, 2024

Revenue

Contributions, gifts and grants
$5,998,727
Program service revenue
$0
Investment income
$23,405
Net gain from sales of assets
$516
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$75,000
Legal fees
$787
Accounting fees
$33,017
Travel
$55,354
Program services (functional)
$1,601,070
Management and general (functional)
$929,273
Fundraising (functional)
$882,457

Balance sheet and other

Total assets, start of year
$5,570,479
Total assets, end of year
$9,426,513
Total liabilities, end of year
$3,332,949
Net assets, end of year
$6,093,564
Net assets without donor restrictions
-$2,926,771
Net assets with donor restrictions
$9,020,335
Gross receipts
$6,284,064
Employees
0
Volunteers
6
Year formed
2020
State of legal domicile
DC

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 September 30, 2024, highest compensation first.

NameTitleHours / weekCompensation
THE HONORABLE KENNETH J BRAITHWAITECHAIRMAN
Trustee or director, Officer
1.25$0
STEVEN CHAPINDIRECTOR
Trustee or director
1.25$0
DR JERRY HENDRIXSECRETARY
Trustee or director, Officer
1.25$0
VADM ALBERT H KONETZNI JRPRESIDENT
Trustee or director, Officer
1.25$0
WILLIAM KOCHDIRECTOR
Trustee or director
1.25$0
DR CHRISTOPHER LEHMANDIRECTOR
Trustee or director
1.25$0
DR JENNIFER LONDONDIRECTOR
Trustee or director
1.25$0
RADM MARK MONTGOMERYTREASURER
Trustee or director, Officer
1.25$0
CDR EVERETT ALVAREZ JR USNDIRECTOR
Trustee or director
1.25$0
BRADLEY S CARLSONEXECUTIVE DI
Officer
15$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
THE HONORABLE KENNETH J BRAITHWAITECHAIRMAN
Trustee or director, Officer
1.25$0
DR JERRY HENDRIXSECRETARY
Trustee or director, Officer
1.25$0
VADM ALBERT H KONETZNIPRESIDENT
Trustee or director, Officer
1.25$0
DR CHRISTOPHER LEHMANDIRECTOR
Trustee or director
1.25$0
DR JENNIFER LONDONDIRECTOR
Trustee or director
1.25$0
RADM MARK MONTGOMERYTREASURER
Trustee or director, Officer
1.25$0
CDR EVERETT ALVAREZ JR USNDIRECTOR
Trustee or director
1.25$0
BRADLEY S CARLSONEXECUTIVE DI
Officer
15$0

Address and contacts

Address (IRS master file)
712 H STREET NE STE 956, WASHINGTON, DC 20002-3627
Principal officer (990 for 2024)
BRADLEY S CARLSON, 712 H STREET NE UNIT 956, WASHINGTON, DC 20002
Signed the 990
RADM MARK MONTGOMERY, TREASURER
Phone
(844) 244-5033
990-N for 2021 filed under this EIN
Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: Mark Montgomery, 1307 N Lynnbrook Dr, Arlington VA 22201. Mailing address: 712 H St NE Unit 956, Washington DC 20002. Website: www.nmdf.org
Return prepared by
HOULDSWORTH RUSSO & COMPANY PC

Mission

PERPETUATE THE HERITAGE OF THE UNITED STATES NAVY BY SUPPORTING AND RAISING FUNDS FOR THE ESTABLISHMENT OF A NATIONAL MUSEUM OF THE UNITED STATES NAVY IN WASHINGTON, D.C.

990 for the year ended September 30, 2024

Program accomplishments

  • PERPETUATE THE HERITAGE OF THE UNITED STATES NAVY BY SUPPORTING AND RAISING FUNDS FOR THE ESTABLISHMENT OF A NATIONAL MUSEUM OF THE UNITED STATES NAVY IN WASHINGTON, D.C.
    Expenses $1,601,070

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026Check at the IRS
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
85-3976615
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
2021
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,638,663
Income (IRS master file)
$585,342

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2024$6,022,132$3,412,800$9,426,513XML
990December 2023$4,066,878$1,218,203$5,570,479XML
990December 2022$1,714,725$473,244$1,724,730IRS
990-N for 2021
Officer: Mark Montgomery
Filed under this EIN, most likely by a chapter or affiliate
December 31, 2021≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: Mark Montgomery
Filed under this EIN, most likely by a chapter or affiliate
December 31, 2020≤ $50,000 receipts––e-Postcard

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 85-3976615).

Questions about NAVY MUSEUM DEVELOPMENT FOUNDATION

What is the EIN of NAVY MUSEUM DEVELOPMENT FOUNDATION?
The employer identification number (EIN) of NAVY MUSEUM DEVELOPMENT FOUNDATION is 85-3976615.
Is NAVY MUSEUM DEVELOPMENT FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to NAVY MUSEUM DEVELOPMENT FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NAVY MUSEUM DEVELOPMENT 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 NAVY MUSEUM DEVELOPMENT FOUNDATION due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NAVY MUSEUM DEVELOPMENT FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2024.
Who is the principal officer of NAVY MUSEUM DEVELOPMENT FOUNDATION?
The 990 for the year ended September 30, 2024 names BRADLEY S CARLSON.
Who are the officers and directors of NAVY MUSEUM DEVELOPMENT FOUNDATION?
The 990 for the year ended September 30, 2024 lists 10 people; 0 received compensation from the organization.
How much revenue does NAVY MUSEUM DEVELOPMENT FOUNDATION have?
On its 990 for the year ended September 30, 2024 it reported revenue of $6,022,132, expenses of $3,412,800 and total assets of $9,426,513 at year end.

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