Uss Midway Museum

Tax-deductible

San Diego, CA501(c)(3)Since 1992Arts & CultureEIN 33-0556416

To preserve the historic uss midway and the legacy of those who serve, inspire and educate future generations, and entertain museum guests.

501(c)(3) charity; gifts are tax-deductible.
82¢ of each $1 spent went to programs.
Run by 800 volunteers and 219 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $3.3M a year · 11% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
82%
of spending
Looks good: 82% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.4M
to officers and key staff · 4% of spending
Top officer’s pay lower than 81% of similar orgs
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Named funders
19
named funders · $413K
Looks good: 19 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$9.3M
8% of total assets
Looks good: liabilities are 8% of assets; 50% or less.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$39.4M
-0.9% vs prior year
Spent
$36.8M
To programs
82%
Net assets
$111.2M
By yearFY2020–FY2024
Revenue
$39.4M
FY2024▼ -0.9%
Revenue by fiscal year
FY2020$10.0M
FY2021$25.0M
FY2022$36.7M
FY2023$39.8M
FY2024$39.4M
Expenses
$36.8M
FY2024▲ +28%
Expenses by fiscal year
FY2020$18.4M
FY2021$19.1M
FY2022$31.0M
FY2023$28.8M
FY2024$36.8M
Net assets
$111.2M
FY2024▲ +7%
Net assets by fiscal year
FY2020$85.2M
FY2021$96.0M
FY2022$91.6M
FY2023$104.2M
FY2024$111.2M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 1998.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

82 cents of each dollar spent went to programs.

Program services 82% · $30.2M Management & general 14% · $5.3M Fundraising 4% · $1.3M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

32 people listed on the 990; $1.4M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$213,106Pt VII · Sec A
FMR Pres & CEO
$212,803Pt VII · Sec A
Dir of Engineering
$205,248Pt VII · Sec A
President & CEO
$170,234Pt VII · Sec A
Director of Ops
$165,223Pt VII · Sec A
Director of Dev.
$155,971Pt VII · Sec A
Director of HR
$138,864Pt VII · Sec A
Director of Mktg
$132,801Pt VII · Sec A

Philip Hamilton’s $213K as CFO is at the 19th percentile of top reported officer pay among 749 $10–100M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2023FY2022FY2021FY2020
Radm John McLaughlin——$382,661$359,254
Radm John McLaughin$212,803$381,995——
Philip Hamilton$213,106$198,436$196,965$184,465
Leonard Santiago$205,248$192,236$181,988$178,890
Radm Terry Kraft$170,234———
Mark Berlin$165,223———
Joseph Gursky———$158,945
Laura Ludvik$155,971$146,458——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Uss Midway Museum executive salaries →

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Programs and updates

Preserves the historic USS Midway, inspiring and educating future generations while entertaining museum guests.

Provided by the organization

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1 program service account for $23.1M of program spending, described in the organization's own filed words · FY2023.
01

The uss midway museum is a dynamic nonprofit naval aviation museum whose program elements include educational curriculum and class visits for more than 40,000 students annually; an active sleepover program for youth groups; ongoing development of naval aviation exhibits; hosting more than 250 private events a year; managing an active…

$23.1Mprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 19 funders →
Grants paid · 24 grants · $5.5M · 2022–2023
See all 24 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$39.4M
Ln 12
Other incomeLn 4–11$37.7M
Gifts and grantsLn 1h$1.8M
Money outPt IX
$36.8M
Ln 25
Programscol B$30.2M
Managementcol C$5.3M
Fundraisingcol D$1.3M
Owns and owesPt X
$111.2M
net assets · Ln 32
Total assetsLn 16$120.5M
LiabilitiesLn 26$9.3M
PeoplePt VI, VII
32
listed · VII A
PaidVII A8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.8M
Other incomeLn 4–11$37.7M
Total revenueLn 12$39.4M
Assets in detailPt X, end of year
Total assetsLn 16$120.5M
LiabilitiesLn 26$9.3M
Net assetsLn 32$111.2M
OperationsPt I, VI
EmployeesI 5219
VolunteersI 6800
Fiscal year endsHeaderDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $39.4M$36.8M$2.6M$111.2M 990 PDF
FY2023 $39.8M$28.8M$10.9M$104.2M 990 PDF
FY2022 $36.7M$31.0M$5.7M$91.6M 990 PDF
FY2021 $25.0M$19.1M$5.9M$96.0M 990 PDF
FY2020 $10.0M$18.4M−$8.4M$85.2M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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