Us Navy Memorial Foundation

Arts & culture organization based in Washington, DC. 29 employees. Exempt under §501(c)(3).

MissionTHE 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 MARINE. THE NAVY MEMORIAL SERVES TO EDUCATE AND

EIN
52-1104476
State
DC
Sector
Arts & culture
Budget band
$5M–$10M
Latest filing
TY 2024
Records
8 officers · 6 years

Financial snapshot · TY 2024

$6.5M
Total revenue
$7.6M
Total expenses
$9.3M
Net assets

Financial health · TY 2024

40
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
17
3.1 months of expenses
Program efficiency
61
74.3% spent on programs
Revenue diversity
42
Mix of program fees, grants & contributions

Leadership compensation

Rdml Frank Thorp IV Usn Ret
PRESIDENT/CEO (THRU 6/14/24)
$203,903
55th percentile vs. peers
$179,842
84th percentile vs. peers
Vadm John Nowell Jr Usn Ret
PRESIDENT/CEO (FROM 6/14/24)
$173,136
55th percentile vs. peers
Ms Lisa Barker
VP OF DEVELOPMENT (THRU 11/15/24)
$157,872
70th percentile vs. peers
Cmdcm Victor Smith Usn Ret
VP OF PROGRAMS & EVENTS
$151,616
82th percentile vs. peers

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Us Navy Memorial Foundation Executive Compensation | 990 Data | DoubleNine