National Sailing Hall of Fame Museum INC
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Recognizes and encourages achievement for US sailors and the sport. For fiscal year 2024 it reported $1.3M in revenue, $2.1M in expenses, and $8.5M in net assets.Pt I
Summary of the Filing
Where the work happens
Museum
In march 2019, the sailing museum purchased real estate in newport, ri to create a museum and venue for on-site learning and to build a sustainable enterprise - longstanding visions for the organization. In may 2022, the sailing museum opened it's doors to the public.
Educational Programs and Induction
The multimedia experience at the sailing museum provides a platform for steam (science, technology, engineering, art and math) programming for children and adults alike. 2023 saw the launch of the ness partnership serving 6TH grade science middle school students at the thompson middle school in newport.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Ashley Householder’s $96K as Executive Director is at the 30th percentile of top reported officer pay among 3916 $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 · 4 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Heather Ruhsam Until 6302023 | — | $165,110 | — | — | — |
| Heather Ruhsam | — | — | $151,917 | $121,927 | $114,885 |
| Ashley Householder | $95,951 | — | — | — | — |
| Ashley Householder Start 712023 | — | $89,135 | — | — | — |
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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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 78% | — | — |
| Overhead ratio | 10% | — | — |
| Fundraising cost ratio | 26% | — | — |
| Revenue growth | -53% | — | — |
| Accounting fee ratio | 2% | — | — |
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
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Filings & Schedule Manifest
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Sources
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