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Intrepid Museum Foundation
Also known as Intrepid Sea-Air-Space Museum
Intrepid Museum Foundation reported $39.4 million in revenue and $36.9 million in expenses for calendar year 2024. Of every $100 it spent, $85.91 went to program services, $10.01 to management and general costs and $4.08 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 52.6% of the total. Government grants made up 8.6%. The highest compensation it reported for one person was $756,000 (PRESIDENT). 33 people received more than $100,000 in reportable compensation. Revenue rose 23% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $37MFor context, the median across 876 covered arts, culture & humanities charities: $79.98 programs, $13.89 management, $6.13 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $39MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 85.9% | 78.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 10.0% | 13.6% |
| Fundraising Part IX 25(D) ÷ 25(A) | 4.1% | 6.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.14 | $0.10 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 26.5% | 57.5% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 8.6% | 1.7% |
| Program service revenue share Part VIII 2g ÷ 12 | 52.6% | 20.8% |
| Highest reported compensation Part VII-A, columns D–F | $756,000 | $385,706 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.05% | 2.03% |
| People paid over $100,000 Part VII, line 2 | 33 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 22.8 | 36.6 |
| Independent voting board members Part VI 1a–1b | 21 of 21 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseExhibits and museum servicesexhibitsthe museum offered a range of on-site and digital experiences to immerse visitors into the museum themes of the intersection of history and innovation and to expand on the stories of space science and intrepid during its eras of service. These new exhibitions were free with onsite admission. Concorde restoration and return/openingfor several months the british airways concorde was moved off-site from the museum to the brooklyn navy yard to undergo critical restoration and to ensure that work was achieved to protect and preserve the historic aircraft for…
Education & evaluationin 2024, the education team continued to use the center for history and innovation as a guiding framework for their endeavors and worked to be on top of the latest best practices for supporting stressed youth and teachers. Education staff members continued to work from a place of welcoming and inclusiveness, offering programs such as the cultural immigrant initiative and programming explicitly highlighting typically marginalized stories and voices such as women in STEM fields, LGBTQ veterans and african american contributions during intrepid's active service years.…
Other programspublic programsthe museum staged 27 public programs (13 onsite programs and 14 virtual programs). This included festivals (kids week, fleet week); movie nights; astronomy nights. Nearly all the programs (but one) were free with admission to the museum. The museum hosts "free fridays" from april to october to create an inclusive and welcoming experience for all audiences who want to experience the museum after hours. Additional programming is provided including our free summer movie series (on the flight deck) and some of our onsite astronomy programs with celebrated astronauts…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT Officer, 45.00 hrs/week | $722,070 | $0 | $33,930 | $756,000 |
| CFO/CAO Officer, 45.00 hrs/week | $417,735 | $0 | $38,218 | $455,953 |
| SVP ENGINEERING/FACILITIES Key employee, 45.00 hrs/week | $392,550 | $0 | $48,137 | $440,687 |
| SVP EXHIBITS/EDUCATION Key employee, 45.00 hrs/week | $352,233 | $0 | $35,818 | $388,051 |
| SVP BUSINESS DEVELOPMENT Key employee, 45.00 hrs/week | $334,455 | $0 | $52,947 | $387,402 |
| EXECUTIVE VICE PRESIDENT Officer, 27.00 hrs/week | $345,632 | $0 | $37,818 | $383,450 |
| VP, MARKETING Key employee, 45.00 hrs/week | $295,296 | $0 | $48,137 | $343,433 |
| VP, EDUCATION & EVALUATION Key employee, 45.00 hrs/week | $236,582 | $0 | $48,172 | $284,754 |
33 people received more than $100,000 in reportable compensation from Intrepid Museum Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $4.4M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b21 · 21 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5388
- Volunteers Part I, line 6168
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| JT CLEARY INC Marine construction svcs | $4,748,807 |
| SYGNIA INC Cybersecurity services | $602,635 |
| THOMARIOS Design/painting services | $403,325 |
| CH2M Engineering services | $331,098 |
| FLYING FISH INTERNATIONAL Creator of traveling exhibitions | $310,036 |
Individuals listed as contractors are left out. 17 contractors were paid more than $100,000 in all.
Private foundation grants it received
13 private foundations reported grants to Intrepid Museum Foundation totaling $1.0M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Intrepid Museum Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Intrepid Museum Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Intrepid Museum Foundation spent in 2024, $85.91 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- California Science Center FoundationLos Angeles, CA · revenue $39M · programs 96.5% · FY2025
- Municipal Theatre Association of St LouisSt Louis, MO · revenue $39M · programs 74.7% · FY2025
- Broadway DallasDallas, TX · revenue $39M · programs 86.5% · FY2025
- Uss Midway MuseumSan Diego, CA · revenue $39M · programs 82.0% · 2024
- Isabella Stewart Gardner MuseumBoston, MA · revenue $39M · programs 77.4% · FY2025
All arts, culture & humanities charities · Largest charities in New York
Questions people ask
How much of Intrepid Museum Foundation's spending goes to programs?
In calendar year 2024, Intrepid Museum Foundation reported that 85.9% of its $36.9 million in expenses went to program services, 10.0% to management and general and 4.1% to fundraising (Form 990, Part IX).
How much does Intrepid Museum Foundation pay its top executive?
The largest total compensation Intrepid Museum Foundation reported for one person in calendar year 2024 was $756,000, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Intrepid Museum Foundation get its money?
Of $39.4 million in revenue in calendar year 2024, 26.5% came from contributions and grants (including 8.6% from government grants) and 52.6% from program service revenue (Form 990, Part VIII).
Is Intrepid Museum Foundation a registered charity?
The IRS lists EIN 13-3062419 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202542689349300634 · read the filing
- 2023: Form 990 for calendar year 2023, object 202403189349308210 · read the filing
- 2022: Form 990 for calendar year 2022, object 202343059349303354 · read the filing
- 2021: Form 990 for calendar year 2021, object 202243199349332924 · read the filing
- 2020: Form 990 for calendar year 2020, object 202112869349300026 · read the filing
- 2019: Form 990 for calendar year 2019, object 202033119349301213 · read the filing
All filings for EIN 13-3062419: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.