Admiral Nimitz Foundation

Fredericksburg, TX · EIN 74-1492692 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2025 (tax year 2025) · View the filing · Correct or respond

Admiral Nimitz Foundation reported $18.3 million in revenue and $16.8 million in expenses for calendar year 2025. Of every $100 it spent, $92.62 went to program services, $4.41 to management and general costs and $2.97 to fundraising. Its largest source of revenue was contributions and grants: 82.9% of the total. Government grants made up 43.9%. The highest compensation it reported for one person was $341,138 (FORMER PRESIDENT/CEO [THRU 07/25]). 1 person received more than $100,000 in reportable compensation. Revenue rose 250% between 2019 and 2025. Source: Form 990, 2025.

Where $100 of spending went

Calendar year 2025 · Form 990, Part IX, line 25 · total expenses $17M

Program services$92.62 $16M
Management & general$4.41 $741K
Fundraising$2.97 $498K

For 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 2025 · Form 990, Part VIII · total revenue $18M

Contributions & grants (non-government)$39.02 $7.1M
Government grants$43.88 $8.0M
Program service revenue$9.23 $1.7M
Investment income$5.76 $1.1M
Other revenue$2.11 $386K

The 990 scorecard · same measures for every charity, no grades

2025 filing. Median across 876 covered charities in this category, from their latest filings.
Measure	2025	Median
Program services Part IX 25(B) ÷ 25(A)	92.6%	78.5%
Management & general Part IX 25(C) ÷ 25(A)	4.4%	13.6%
Fundraising Part IX 25(D) ÷ 25(A)	3.0%	6.0%
Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h	$0.03	$0.10
Contributions & grants share of revenue Part VIII 1h ÷ 12	82.9%	57.5%
Government grants share of revenue Part VIII 1e ÷ 12	43.9%	1.7%
Program service revenue share Part VIII 2g ÷ 12	9.2%	20.8%
Highest reported compensation Part VII-A, columns D–F	$341,138	$385,706
Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A)	2.03%	2.03%
People paid over $100,000 Part VII, line 2	1	8
Net assets, in months of expenses Part X 33(B) ÷ monthly expenses	25.5	36.6
Independent voting board members Part VI 1a–1b	18 of 19	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

2025 · Form 990, Part III · the three largest programs by expense

$15M expenses · 95.4% of program spending · revenue $1.5M

Museum support: the organization oversees and manages, under agreement with the texas historical commission, the national museum of the pacific war. Visitation attendance in 2025 was 108,000.in addition to ordinary operations during 2025, Admiral Nimitz Foundation renovated and expanded the bush gallery and started planning for an expansion of the education department

$424K expenses · 2.7% of program spending · revenue $397K

Retail sales:the organization oversees and manages a museum store and a bookstore that sells references and souvenirs relating to the history of world war ii in the pacific

$299K expenses · 1.9% of program spending · revenue $236K

Memorials and memberships:the organization is supported by over 1,000 members and continues to expand a memorial wall of plaques in honor of world war ii heroes and a walk of engraved bricks that honors all men and women who have served

Highest reported compensation

2025 · 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
FORMER PRESIDENT/CEO [THRU 07/25] Director/trustee, officer, 40.00 hrs/week	$333,620	$0	$7,518	$341,138
CFO Officer, 40.00 hrs/week	$84,871	$0	$2,546	$87,417
PRESIDENT/CEO [FROM 10/25] Director/trustee, officer, 40.00 hrs/week	$69,985	$0	$1,841	$71,826
FORMER PRESIDENT/CEO [7/25 - 10/25] Director/trustee, officer, 40.00 hrs/week	$46,154	$0	$0	$46,154

1 people received more than $100,000 in reportable compensation from Admiral Nimitz Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $543K (Part IX, line 5).

7 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked

RevenueExpenses

Filing	Revenue	Expenses	Programs	Net assets	Top pay
2025 ⓘ	$18M	$17M	92.6%	$36M	$341,138
2024 ⓘ	$13M	$9.5M	89.9%	$32M	$105,459
2023 ⓘ	$9.5M	$6.4M	86.8%	$27M	$109,032
2022 ⓘ	$7.6M	$6.5M	82.2%	$21M	$102,118
2021 ⓘ	$7.2M	$5.9M	80.0%	$24M	$97,704
2020 ⓘ	$5.6M	$6.4M	84.5%	$21M	$95,871
2019 ⓘ	$5.2M	$5.8M	84.6%	$21M	$122,373

Governance answers, as filed

2025 · 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–1b19 · 18 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 2No
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 4No
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 569
Volunteers Part I, line 6102

Largest outside contractors

2025 · Form 990, Part VII, Section B · businesses only

EXHIBIT CONCEPTS INC Exhibit construction	$3,513,087
DUECKER CONSTRUCTION Building/exhibit construction	$1,541,634
BOSTON PRODUCTIONS Exhibit construction	$1,473,239
BOWEN TECHNOVATION Fabrication	$1,031,022
MECHANICAL SERVICES OF NORTH TEXAS Electrical, mechanical	$728,168

Individuals listed as contractors are left out. 10 contractors were paid more than $100,000 in all.

Private foundation grants it received

21 private foundations reported grants to Admiral Nimitz Foundation totaling $455K 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 Admiral Nimitz 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 Admiral Nimitz Foundation, you can publish a response that is linked from this page.

Report a correction Respond as Admiral Nimitz Foundation How this works

Similar-sized charities in this cause

Destination Crenshaw
Los Angeles, CA · revenue $18M · programs 70.5% · 2024
Film at Lincoln Center
New York, NY · revenue $18M · programs 85.5% · 2025
Frist Art Museum
Nashville, TN · revenue $18M · programs 80.4% · 2024
Nevada Museum of Art
Reno, NV · revenue $18M · programs 65.1% · 2024
Cedars Youth Services
Lincoln, NE · revenue $18M · programs 85.8% · FY2025

All arts, culture & humanities charities · Largest charities in Texas

Questions people ask

How much of Admiral Nimitz Foundation's spending goes to programs?

In calendar year 2025, Admiral Nimitz Foundation reported that 92.6% of its $16.8 million in expenses went to program services, 4.4% to management and general and 3.0% to fundraising (Form 990, Part IX).

How much does Admiral Nimitz Foundation pay its top executive?

The largest total compensation Admiral Nimitz Foundation reported for one person in calendar year 2025 was $341,138, for the role of FORMER PRESIDENT/CEO [THRU 07/25] (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Admiral Nimitz Foundation get its money?

Of $18.3 million in revenue in calendar year 2025, 82.9% came from contributions and grants (including 43.9% from government grants) and 9.2% from program service revenue (Form 990, Part VIII).

Is Admiral Nimitz Foundation a registered charity?

The IRS lists EIN 74-1492692 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

2025: Form 990 for calendar year 2025, object 202632469349300323 · read the filing
2024: Form 990 for calendar year 2024, object 202512069349300626 · read the filing
2023: Form 990 for calendar year 2023, object 202402009349301900 · read the filing
2022: Form 990 for calendar year 2022, object 202322659349300242 · read the filing
2021: Form 990 for calendar year 2021, object 202212139349300521 · read the filing
2020: Form 990 for calendar year 2020, object 202132239349300528 · read the filing
2019: Form 990 for calendar year 2019, object 202042529349300559 · read the filing

All filings for EIN 74-1492692: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.