National Veterans Memorial and Museum Operating Corporation
73% goes to programs $35 to raise $100 Strong reserves Declining revenue
National Veterans Memorial and Museum Operating Corporation is a 501(c)(3) organization based in Columbus, Ohio, registered in 2020, with $5,085,496 in FY2024 revenue. CharityIndex grades it C, and it directs about 73% of spending to programs.
300 W Broad St, Columbus, OH, 43215 EIN 84-3880595 Since 2020
Revenue (FY2024)
$5.1M
▼ 40.3% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$7.9M
Net assets
$49.2M
Employees
44
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →BProgram efficiency40% of the rating73% to programs · $35 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For National Veterans Memorial and Museum Operating Corporation: 73% to programs · $35 to raise $100 earns a B on this criterion. See the exact thresholds →
FFinancial health25% of the rating75 mo reserves · -55% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For National Veterans Memorial and Museum Operating Corporation: 75 mo reserves · -55% margin earns a F on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For National Veterans Memorial and Museum Operating Corporation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For National Veterans Memorial and Museum Operating Corporation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Our mission is to honor and positively impact the lives of veterans, their families and our communities through sharing the veteran experience.
What they do
Events: we unite audiences to honor veterans, reflect and inspire service in all forms with our event panels, webinars, national military holidays, anniversaries, service celebrations, facility rentals by individuals and groups committed to and interested in supporting our mission, and more. our events, including veterans day, memorial day, d-day and patriots day to cite a few, commemorate and provide reflection on national history and personal sacrifice in innovative strategies tailored to educate, promote resiliency, deepen understanding of service, and cultivate community in a supportive environment on-site and online.
Education & veteran outreach: we introduce audiences from around the country to a new experiential way of learning and understanding the journey of the american veteran from all branches and eras of service. educating all ages on the history and value of service from those who shaped our nation, our education efforts include k-12 content and curriculum tailored to ohio state standards in curriculum, on-site and virtual tours, volunteer, intern and fellowship programs, an accredited leadership certification (lcert) program in partnership with osu, and additional educational programming to honor and connect the veteran and broader communities with intentional experiences that foster strength, resiliency, personal growth and servant leadership.
Contact & location
- Address
- 300 W Broad St, Columbus, OH, 43215
- City
- Columbus
- State
- Ohio
- Category
- Arts, Culture & Humanities
- Subcategory
- Museums
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $68.1M (FY2020) to $5.1M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $501KNet assets $49.2M
Operating margin
-55.2%
Spent more than it raised in the latest fiscal year.
Total assets
$49.7M
Total liabilities
$501K
Net assets
$49.2M
Salaries & benefits
$3.4M
43% of expenses
Board members
10
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $5,085,496▼40.3% | $7,892,427▼29.8% | $49,156,033▼1.7% | $49,656,810▼3.4% | 990 |
| 2023 | $8,521,652▲49.4% | $11,246,339▲7.3% | $50,019,355▼4.9% | $51,398,567▼3.4% | 990 |
| 2022 | $5,704,808▼5.6% | $10,480,344▲6.7% | $52,603,744▼8.7% | $53,185,803▼8.4% | 990 |
| 2021 | $6,042,215▼91.1% | $9,820,586▲43.4% | $57,629,571▼5.9% | $58,052,071▼6.5% | 990 |
| 2020 | $68,091,412 | $6,848,210 | $61,243,202 | $62,086,909 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: William Butler — $192,871 (2.44% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| William Butler | Acting President of Nvmm (3/16/2024) | 35 | $192,871 |
| Jeffrey Nutter | Vp/cfo (thru 9/27/2024) | 40 | $174,981 |
| Andrew Cloyd | Museum Director (thru 10/21/2024) | 40 | $174,136 |
| Lt Gen Michael Ferriter | Ceo (thru 3/15/2024) | 35 | $145,547 |
| Marnie Holder | Vp of Advancement | 40 | $140,592 |
| Nicholas Wood | Avp of Advancement | 40 | $135,510 |
| Krista Weida | Director Hr/compliance | 40 | $123,615 |
| Tamara Brown | Director of Marketing Thru 8/27/24 | 40 | $116,518 |
| Amy Taylor | Secretary/vice Chair | 1 | — |
| Anthony Anzic | Treasurer | 1 | — |
| Craig Cowman | Director | 1 | — |
| Dr Michael Dennis | Director | 1 | — |
| Frederic Bertley Phd | Interim Ceo (as of 12/1/24) | 26 | — |
| Janelle Coleman | Director | 1 | — |
| John Boyer | Director | 1 | — |
| Katie Wolfe Lloyd | Director | 1 | — |
| Lewis Von Thaer | Chair | 1 | — |
| Maj Gen Stephen Markovich | Director | 1 | — |
| Mike French | Director | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Sauer Group LLC | Mechanical Contractor | $638,281 |
| Fahlgren Mortine | Marketing | $406,422 |
| Allied Universal Security Services | Security | $169,908 |
| Csi International LLC | Janitorial Services | $126,464 |
| Mk Direct Marketing & Communications Ll | Direct Mail Activities | $114,445 |
Grants received · $4.4M total
12 grants to National Veterans Memorial and Museum Operating Corporation totaling $4.4M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Columbus Foundation | Arts and humanities | 2024 | $652,225 |
| Columbus Foundation | Arts and humanities | 2023 | $1,282,267 |
| Columbus Foundation | Arts and humanities | 2022 | $1,093,150 |
| Columbus Foundation | Health | 2022 | $25,000 |
| Columbus Foundation | Arts and humanities | 2021 | $683,536 |
| Columbus Foundation | Arts and humanities | 2020 | $250,000 |
| Columbus Foundation | Arts and humanities | 2020 | $250,000 |
| Columbus Foundation | Arts and humanities | 2020 | $55,000 |
| Columbus Foundation | Arts and humanities | 2020 | $50,000 |
| Columbus Foundation | Arts and humanities | 2020 | $50,000 |
| Columbus Foundation | Arts and humanities | 2020 | $50,000 |
| Columbus Foundation | Arts and humanities | 2020 | $5,000 |
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Frequently asked questions
- Is National Veterans Memorial and Museum Operating Corporation a legitimate nonprofit?
- Yes. National Veterans Memorial and Museum Operating Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 84-3880595, based in Columbus, Ohio. Donations are tax-deductible.
- What is National Veterans Memorial and Museum Operating Corporation's EIN?
- National Veterans Memorial and Museum Operating Corporation's Employer Identification Number (EIN) is 84-3880595.
- How much revenue does National Veterans Memorial and Museum Operating Corporation report?
- National Veterans Memorial and Museum Operating Corporation reported $5,085,496 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of National Veterans Memorial and Museum Operating Corporation's spending goes to programs?
- National Veterans Memorial and Museum Operating Corporation spends about 73% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does National Veterans Memorial and Museum Operating Corporation have?
- CharityIndex grades National Veterans Memorial and Museum Operating Corporation C, based on program efficiency and fundraising cost.
- How much does National Veterans Memorial and Museum Operating Corporation's highest-paid employee make?
- The highest reported compensation on National Veterans Memorial and Museum Operating Corporation's latest Form 990 is $192,871, paid to William Butler (Acting President of Nvmm (3/16/2024)).
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Data for National Veterans Memorial and Museum Operating Corporation (EIN 84-3880595) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.