The Navy Memorial mission is to honor, recognize and celebrate the men and women of the sea services and the important contributions made by them while serving in the united states Navy, marine corps, coast guard and merchant marines. The Navy Memorial serves to educate and inspire the american people about the vital role that the sea services play in our national security and the rich maritime history of the united states.

501(c)(3) charity; gifts are tax-deductible.
70¢ of each $1 spent went to programs.
$1.3M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990-TIndependent: 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
FY2025
latest Form 990-T
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $191K a year · 3% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
70%
of spending
Fine: 70% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.3M
to officers and key staff · 22% of spending
Worth a look: pay to officers and key staff is 22% of spending; over 20%.
Pt VII · Sec A
<1 mo
of spending, in cash
Plus $910K in investments, Pt X · Ln 11–13
Fine: 0.3 months of spending in cash, plus $910K in investments.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
7
named funders · $157K
Looks good: 7 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$2.1M
57% of total assets
Fine: liabilities are 57% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
19
of 20 voting members
Looks good: 19 of 20 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.3M
-7% vs prior year
Spent
$5.8M
To programs
70%
Net assets
$1.6M
By yearFY2020–FY2025
Revenue
$5.3M
FY2022▼ -7%
Tap a bar for its year
Revenue by fiscal year
FY2020$4.0M
FY2021$5.6M
FY2022$5.3M
FY2023$7.9M
FY2024$6.5M
FY2025$7.1M
Expenses
$5.8M
FY2022▲ +14%
Tap a bar for its year
Expenses by fiscal year
FY2020$4.1M
FY2021$5.1M
FY2022$5.8M
FY2023$5.9M
FY2024$7.6M
FY2025$6.6M
Net assets
$1.6M
FY2022▼ -35%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.8M
FY2021$2.4M
FY2022$1.6M
FY2023$3.6M
FY2024$2.5M
FY2025$3.2M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 1978.

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

Where the money goes

70 cents of each dollar spent went to programs.

Program services 70% · $4.1M Management & general 9% · $532K Fundraising 21% · $1.2M

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

48 people listed on the 990-T; $1.3M paid to officers and key staff.

Part VII, Section A · reportable compensation
$245,697Pt VII · Sec A
$245,697Pt VII · Sec A
$146,233Pt VII · Sec A
$146,233Pt VII · Sec A
VP of Programs & Engagement
$136,548Pt VII · Sec A
VP of Programs & Engagement
$136,548Pt VII · Sec A
Director, Nat'l Chief's Mess
$113,065Pt VII · Sec A
Director, Nat'l Chief's Mess
$113,065Pt VII · Sec A

Vadm John Nowell JR Usn Ret’s $295K as President & CEO is at the 96th percentile of top reported officer pay among 3924 $1–10M 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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Vadm John Nowell JR Usn Ret$294,924$173,099————
Rdml Frank Thorp IV Usn Ret—$199,950$253,697$245,697$233,078$217,778
Mr Scott D Matirne$167,565$167,728$159,182$146,233$122,862$123,049
Cmdcm Victor Smith Usn Ret$152,389$146,200————
Ms Lisa Barker—$147,553$147,613———
Mr Jessie D Cotter$147,337—————
Ms Erin Harroun——$138,400$136,548——
Cmdcm Victor Smith——$124,218———

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.

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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

Honors, recognizes, and celebrates U.S. Sea Services members and educates the public about their service.

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Provided by the organization

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4 programs · $7.2M · in their own filed words · FY2022
01

Visitor Center Services

The visitor center honors, recognizes, and celebrates america's enduring maritime heritage through commemorative ceremonies, reunion meetings, reenlistment and retirement ceremonies, band concerts, film and video presentations, photographic and data collections, special events, and exhibits.

$2.3Mprogram expense
02

Visitor Center Services

The visitor center honors, recognizes, and celebrates america's enduring maritime heritage through commemorative ceremonies, reunion meetings, reenlistment and retirement ceremonies, band concerts, film and video presentations, photographic and data collections, special events, and exhibits.

$2.3Mprogram expense
03

Special Events

See schedule o for complete description.

$1.3Mprogram expense
04

Special Events

See schedule o for complete description.

$1.3Mprogram expense

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 7 funders →
Grants paid · 1 grant · $10K · 2025–2025
Unitemized GrantFY2025$10,000

By the numbers

The FY2022 990-T, line by line.

1The main four
Money in
$5.3M
Gifts and grants$4.6M
Fees for services$452K
Other income$188K
Money out
$5.8M
Programs$4.1M
Management$532K
Fundraising$1.2M
Owns and owes
$1.6M
net assets
Cash and savings$159K
Total assets$3.7M
Liabilities$2.1M
People
48
listed
Paid8
Voting board20
Independent19
2In more detail
Revenue in detail
Gifts and grants$4.6M
Fees for services$452K
Investment income$73K
Other income$188K
Total revenue$5.3M
Assets in detailEnd of year
Cash and savings together$159K
Total assets$3.7M
Liabilities$2.1M
Net assets$1.6M
Operations
Employees27
Volunteers18
Fiscal year endsDecember
Conflict-of-interest policyYes
Whistleblower policyYes
Records policyYes

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $7.1M$6.6M$517K$3.2M 990 PDF
FY2024 $6.5M$7.6M−$1.1M$2.5M 990 PDF
FY2023 $7.9M$5.9M$2.0M$3.6M 990 PDF
FY2022 Viewing $5.3M$5.8M−$578K$1.6M 990 PDF
FY2021 $5.6M$5.1M$528K$2.4M 990 PDF
FY2020 $4.0M$4.1M−$166K$1.8M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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