Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2022.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
34 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
11 people listed on the 990; $370K paid to officers and key staff.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Educates the public on free press value and shares stories of global events.
Questions for Newseum INC
Your first name shows with your question. Newseum INC answers here, for everyone.
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The exhibit development department provides research and development of exhibit content for the newseum, maintains digitized electronic databases, and produces books and other publications.
The collections and visual recources department acquires and maintains artifacts and collections and oversees the management of temporary and traveling exhibits.
The food court is a cafeteria operated daily for the benefit of the newseum's employees and patrons.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $34.0M | $3.2M |
| Land, buildings, equipmentLn 10c | $49.7M | $70K |
| Total assetsLn 16 | $85.6M | $4.5M |
| LiabilitiesLn 26 | $52.5M | $4.5M |
| Net assetsLn 32 | $33.1M | $0 |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $61K | $61K | ||
| Other salaries and wagesLn 7 | $1.0M | $276K | $758K | $8K |
| Pension plan contributionsLn 8 | $17K | $17K | ||
| Other employee benefitsLn 9 | $338K | $111K | $225K | $2K |
| Payroll taxesLn 10 | $74K | $40K | $34K | |
| Legal feesLn 11b | $473K | $473K | ||
| Accounting feesLn 11c | $118K | $118K | ||
| Other fees for servicesLn 11g | $670K | $487K | $182K | $842 |
| Advertising and promotionLn 12 | $147 | $147 | ||
| Office expensesLn 13 | $226K | $184K | $42K | $641 |
| Information technologyLn 14 | $83 | $83 | ||
| OccupancyLn 16 | $1.6M | $1.6M | $2K | |
| TravelLn 17 | $11K | $3K | $8K | $17 |
| Conferences, conventions and meetingsLn 19 | $63K | $374 | $62K | $32 |
| InterestLn 20 | $2.0M | $1.0M | $1.0M | $809 |
| Depreciation, depletion and amortizationLn 22 | $2.4M | $1.2M | $1.2M | $975 |
| Other expenses (24a–d)Ln 24 | $454K | −$81K | $534K | $658 |
| Total functional expensesLn 25 | $9.6M | $3.3M | $6.3M | $17K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2022 Latest | $717K | $717K | −$27 | $0 | 990 PDF |
| FY2021 | $758K | $758K | $32 | $0 | 990 PDF |
| FY2020 Viewing | $1.1M | $9.6M | −$8.6M | $0 | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $1,087,027 revenue, 12 lines filed
Part VI · Governance 2 of 5 board members independent, no flags
Part VIII · Statement of revenue $1,087,027 across 10 lines filed
Part IX · Statement of functional expenses $9,644,747 across 17 lines filed
Part X · Balance sheet $4,452,410 assets, 15 lines filed
Part XI · Reconciliation of net assets $0 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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