Marines' Memorial Association

Tax-deductible

San Francisco, CA501(c)(19)Since 1946EIN 94-1055967Revenue $12.0M in FY2025

On file with the IRSmarinesmemorial.org609 Sutter Street Suite 2m, 94102-1081 · San Francisco, CATax-exempt since May 1983

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Honor the legacy of military service through a living Memorial and programs that commemorate the sacrifices of our nation's veterans, educate the public about those sacrifices, and serve veterans of all eras, currently serving members of the armed forces and their families.

501(c)(19) charity; gifts are tax-deductible.
Run by 24 volunteers and 78 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(19)
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
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $1.1M a year · 12% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$1.2M
to officers and key staff · 10% of spending
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Fine: 2.6 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $515K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$9.9M
102% of total assets
Concern: liabilities are 102% of assets; over 80%.
Pt X · Ln 26
Independent board members
21
of 21 voting members
Looks good: 21 of 21 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$12.0M
+18% vs prior year
Spent
$12.7M
Net assets
−$209K
By yearFY2021–FY2025
Revenue
$12.0M
FY2025▲ +18%
Tap a bar for its year
Revenue by fiscal year
FY2021$4.1M
FY2022$12.6M
FY2023$10.2M
FY2024$10.2M
FY2025$12.0M
Expenses
$12.7M
FY2025▼ -0.6%
Tap a bar for its year
Expenses by fiscal year
FY2021$6.9M
FY2022$9.9M
FY2023$12.5M
FY2024$12.8M
FY2025$12.7M
Net assets
−$209K
FY2025▼ -152%
Tap a bar for its year
Net assets by fiscal year
FY2021$2.6M
FY2022$5.2M
FY2023$2.9M
FY2024$405K
FY2025−$209K

From the FY2025 Form 990 (year ending June 2025) · 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: FY2025. IRS ruling in May 1983.

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

Who runs it and what they're paid

28 people listed on the 990; $1.2M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$294,622Pt VII · Sec A
General Manager & CFO
$235,291Pt VII · Sec A
IT Director
$157,082Pt VII · Sec A
Sales Director
$146,371Pt VII · Sec A
Human Resources Director
$142,406Pt VII · Sec A
Veterans Marketing Director
$139,297Pt VII · Sec A
Director of Banquets
$119,417Pt VII · Sec A
$0Pt VII · Sec A

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

NameFY2025FY2024FY2023FY2022FY2021
Lt Gen Jan C Huly Usmcret————$356,415
Ltgen Michael Roccousmcret$294,622————
Lt Gen Michael Rocco Usmc Ret—$294,322$285,984——
Lt General Michael Rocco Usmc Ret———$270,475—
Michael Allen$235,291$234,962——$219,322
Mr Michael Allen——$221,576$214,234—
Celeste Repsher$142,406$200,878$198,014$188,747—
Celeste Faith Repsher————$181,383

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 Marines' Memorial Association executive salaries →

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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 veterans' sacrifices through memorials, education, and support for service members and families.

Provided by the organization

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3 programs · in their own filed words · FY2024
01

Commemorative and Educational Programming

Marines' memorial hosted a robust calendar of commemorative and educational events throughout fiscal year 2025. The marines' memorial lecture series featured distinguished authors and speakers, and two leading from the front presentations, including: (1) ltcol (ret) isaac "whiskey" lee - sept. 2024, (2) andrew biggio - oct.

Pt IX · col B
02

Gold Star Parents Honor and Remembrance Event

In february, the association hosted the annual gold star parents honor and remembrance event, which provided a compassionate environment for families who have lost loved ones in military service.

Pt IX · col B
03

Scholarship Program

The marines' memorial scholarship program supports the educational goals of veterans, active-duty service members, and their families. In fiscal year 2025, the association awarded 48 scholarships totaling more than $150,000 to deserving students across the united states.

Pt IX · col B

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
Total grants receivedfrom 2 funders$515K
Grants paid · 5 grants · $620K · 2020–2024
Unitemized GrantFY2024$152,000
Unitemized GrantFY2023$126,000
Unitemized GrantFY2022$109,700
Unitemized GrantFY2021$120,000
Unitemized GrantFY2020$112,500

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$12.0M
Ln 12
Fees for servicesLn 2g$6.4M
Gifts and grantsLn 1h$4.7M
Other incomeLn 4–11$845K
Money outPt IX
$12.7M
Ln 25
Owns and owesPt X
−$209K
net assets · Ln 32
Cash and savingsLn 1–2$2.8M
Total assetsLn 16$9.7M
LiabilitiesLn 26$9.9M
PeoplePt VI, VII
28
listed · VII A
PaidVII A7
Voting boardVI 1a21
IndependentVI 1b21
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.7M
Noncash giftsLn 1g$47K
Fees for servicesLn 2g$6.4M
Investment incomeLn 3$56K
Other incomeLn 4–11$845K
Total revenueLn 12$12.0M
Assets in detailPt X, end of year
CashLn 1$130K
SavingsLn 2$2.7M
Cash and savings togetherLn 1–2$2.8M
InvestmentsLn 11–13$86K
Land, buildings, equipmentLn 10c$6.3M
Other assetsLn 15$2K
Total assetsLn 16$9.7M
LiabilitiesLn 26$9.9M
Net assetsLn 32−$209K
OperationsPt I, VI
EmployeesI 578
VolunteersI 624
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$1.1M$2.8M
InvestmentsLn 11–13$1.3M$86K
Land, buildings, equipmentLn 10c$6.7M$6.3M
Total assetsLn 16$9.6M$9.7M
LiabilitiesLn 26$9.2M$9.9M
Net assetsLn 32$405K−$209K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$152K
Pay of current officers, directors and key staffLn 5$573K
Other salaries and wagesLn 7$5.2M
Other employee benefitsLn 9$1.3M
Payroll taxesLn 10$646K
Accounting feesLn 11c$109K
Professional fundraising feesLn 11e$119K
Investment management feesLn 11f$9K
Other fees for servicesLn 11g$397K
Advertising and promotionLn 12$191K
Office expensesLn 13$1.1M
Information technologyLn 14$266K
OccupancyLn 16$1.1M
Conferences, conventions and meetingsLn 19$220K
InterestLn 20$248K
Depreciation, depletion and amortizationLn 22$475K
InsuranceLn 23$422K
Other expenses (24a–d)Ln 24$68K
All other expensesLn 24e$90K
Total functional expensesLn 25$12.7M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $12.0M$12.7M−$687K−$209K 990 PDF
FY2024 $10.2M$12.8M−$2.6M$405K 990 PDF
FY2023 $10.2M$12.5M−$2.2M$2.9M 990 PDF
FY2022 $12.6M$9.9M$2.7M$5.2M 990 PDF
FY2021 $4.1M$6.9M−$2.8M$2.6M 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
See the full FY2025 990 (6 parts)
Part I · Summary $12,033,038 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,006,466$4,702,067
I-9 Program service revenuePrior year $6,383,913$6,429,397
I-10 Investment incomePrior year $143,358$56,301
I-11 Other revenuePrior year $642,595$845,273
I-12 Total revenuePrior year $10,176,332$12,033,038
I-13 Grants and similar amounts paidPrior year $126,000$152,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $7,956,948$7,749,232
I-16a Professional fundraising feesPrior year $98,400$118,952
I-17 Other expensesPrior year $4,615,240$4,699,907
I-18 Total expensesPrior year $12,796,588$12,720,091
I-19 Revenue less expensesPrior year −$2,620,256−$687,053
Part VI · Governance 21 of 21 board members independent, no flags
VI-1a Voting members of the governing body21
VI-1b Independent voting members21
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $12,033,038 across 10 lines filed
Lines not itemized here account for $497,838 of total revenue; see the IRS return.
VIII-1b Membership dues$697,369
VIII-1d Related organizations$500,000
VIII-1f All other contributions, gifts and grants$3,504,698
VIII-1g Noncash contributions (included above)$46,839
VIII-1h Total contributions, gifts and grants$4,702,067
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,697,812 · Unrelated business $3,731,585$6,429,397
VIII-3 Investment incomeExcluded from tax $56,301$56,301
VIII-6 Net rental income or lossExcluded from tax $87,418$87,418
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $260,017$260,017
VIII-12 Total revenueRelated to mission $3,455,667 · Unrelated business $3,731,585 · Excluded from tax $143,719$12,033,038
Part IX · Statement of functional expenses $12,720,091 across 19 lines filed
IX-2 Grants to domestic individuals$152,000
IX-5 Pay of current officers, directors and key staff$572,509
IX-7 Other salaries and wages$5,213,498
IX-9 Other employee benefits$1,316,917
IX-10 Payroll taxes$646,308
IX-11c Accounting fees$108,767
IX-11e Professional fundraising fees$118,952
IX-11f Investment management fees$9,142
IX-11g Other fees for services$396,583
IX-12 Advertising and promotion$191,040
IX-13 Office expenses$1,128,284
IX-14 Information technology$265,875
IX-16 Occupancy$1,078,115
IX-19 Conferences, conventions and meetings$220,176
IX-20 Interest$248,098
IX-22 Depreciation, depletion and amortization$474,559
IX-23 Insurance$421,888
IX-24 Other expenses (24a–d)$67,808
IX-24e All other expenses$89,572
IX-25 Total functional expenses$12,720,091
Part X · Balance sheet $9,690,130 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $92,579$130,374
X-2 Savings and temporary cash investmentsStart of year $1,041,849$2,657,704
X-3 Pledges and grants receivableStart of year $237,711$235,691
X-4 Accounts receivableStart of year $42,274$91,609
X-8 Inventories for sale or useStart of year $107,239$96,705
X-9 Prepaid expenses and deferred chargesStart of year $104,793$86,765
X-10c Land, buildings and equipment, netStart of year $6,675,216$6,303,444
X-11 Publicly traded securitiesStart of year $1,276,981$86,143
X-15 Other assetsStart of year $2,989$1,695
X-16 Total assetsStart of year $9,581,631$9,690,130
X-17 Accounts payable and accrued expensesStart of year $1,808,115$1,742,438
X-19 Deferred revenueStart of year $638,475$729,659
X-24 Unsecured notes and loans payableStart of year $6,303,209$5,963,867
X-25 Other liabilitiesStart of year $426,887$1,463,242
X-26 Total liabilitiesStart of year $9,176,686$9,899,206
X-27 Net assets without donor restrictionsStart of year −$1,016,262−$1,497,061
X-28 Net assets with donor restrictionsStart of year $1,421,207$1,287,985
X-32 Total net assets or fund balancesStart of year $404,945−$209,076
X-33 Total liabilities and net assetsStart of year $9,581,631$9,690,130
Part XI · Reconciliation of net assets −$209,076 net assets at year end
XI-1 Total revenue$12,033,038
XI-2 Total expenses$12,720,091
XI-3 Revenue less expenses−$687,053
XI-4 Net assets at start of year$404,945
XI-5 Net unrealized gains (losses) on investments$73,032
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$209,076

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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