Marines' Memorial Foundation EIN 45-5261064 Form 990 (PDF) Claim this org

Marines' Memorial Foundation FY2021 filing

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Honors military service by supporting veterans and educating the public about their sacrifices. For fiscal year 2021 it reported $444K in revenue, $183K in expenses, and $465K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
San Francisco, CA
Website
marinesmemorial.org
Filings
5 on file (2021–2021)
Revenue
$444KFY2021
Expenses
$183K
Net assets
$465K
People
14
Filings
5
Updates
0
More identity details & actions ⌄
EIN  45-5261064 Public charity (501(c)(3)) San Francisco, CA
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →
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Size
$1–10M
What they do
Honors military service by supporting veterans and educating the public about their sacrifices.
Leadership
Mr J Barrie Graham · Chairman
Money in and out
$444K revenue, $183K expenses
Bottom line
88% program efficiency
Where the money goes · FY2021
Total revenue
$444K
Pt VIII · Ln 12
Total expenses
$183K
Pt IX · Ln 25
Net assets
$465K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $261K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.12
Program efficiency
88%
of spending reaches programs
Operating runway
51.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+59%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$444K
FY2021
Expenses
$183K
FY2021
Total assets
$515K
FY2021
Total liabilities
$50K
FY2021
Total revenue
$444K
Pt VIII · Ln 12
Total expenses
$183K
Pt IX · Ln 25
Net assets
$465K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$261K
Total assetsPt X · Ln 16$515K
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMarines' Memorial Foundation
EINHdr · item D45-5261064
Principal addressHdr · item CSan Francisco, CA
WebsiteHdr · item Jmarinesmemorial.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A65)
Ruling yearIRS BMFJun 2012

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
Vice Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

2 program services account for $160K of program spending, described in the organization's own filed words · FY2020.
01

Non-Profit Entities

The foundation hosts and directly supports a variety of non-profit organizations both local and from afar. These organizations provide culture and entertainment opportunities to educate and a location to expand their mission.

$150Kprogram expense
02

Other commemorative and educational events.

$10Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$444K
Investment income$331
Total revenueLn 12$444K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.12
Program services88%$160K
Management & general12%$22K
Total functional expensesLn 25$183K

Balance Sheet

Part X · end of year
CashLn 1$515K
Total assetsLn 16$515K
Total liabilitiesLn 26$50K
Total net assetsLn 32$465K
Months of cash on handcomputed33.8

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $515K · Operating expenses (Pt IX) $183K · Less non-cash grants $62K · Cash operating expenses/yr $121K
51.0 months
Where the money goes
Program services
Program services $160K · Total expenses $183K
88%
Management & General
Management & general $22K · Total expenses $183K
12%
Fundraising
Fundraising $0 · Total expenses $183K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $444K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $444K · Total revenue $444K
100%
Government reliance
Government grants — · Total revenue $444K
Earned-income share
Program service revenue $0 · Total revenue $444K
0%
Investment reliance
Investment income $331 · Total revenue $444K
+0.07%
Program self-sufficiency
Program service revenue $0 · Total expenses $183K
0%
Growth & trend
Revenue growth (YoY)
This year $444K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $465K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $444K · Expenses $183K
+59%
Liabilities-to-Assets
Total liabilities — · Total assets $515K
Net-asset ratio
Net assets $465K · Total assets $515K
90%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $515K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Mr J Barrie Graham · Reported title CHAIRMAN · Highest reported compensation $0 · Total expenses $183K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1K · Total expenses $183K
0.8%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 12%
Fundraising cost ratio 0%
Legal fee ratio 12%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 7 funders →
Grants paid · 5 grants · $2.1M · 2020–2024
Marines' Memorial AssociationCA · FY2024$500,000
Marines' Memorial AssociationCA · FY2023$500,000
Marines' Memorial AssociationCA · FY2022$500,000
Marines' Memorial AssociationCA · FY2021$460,000
Marines' Memorial AssociationCA · FY2020$150,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$1.3M revenue · ⤓ 990 PDF
FY2024$602K revenue · ⤓ 990 PDF
FY2023$523K revenue · ⤓ 990 PDF
FY2022$442K revenue · ⤓ 990 PDF
FY2021$444K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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