Civic Intelligence

Uss Constitution Museum Inc

EIN 04-2505888 • 501(c)3 • Boston, MA

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Profile

The museum serves as the memory and educational voice of uss constitution, the oldest commissioned warship afloat in the world. By collecting, preserving and interpreting the stories of "old ironsides", we seek to create a positive, memorable experience for adults and children.

PO Box 291812Boston, MA 02129

ussconstitutionmuseum.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

30th percentile

0.05x

Higher debt load relative to assets than 30% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

47th percentile

0.20x

Higher debt load relative to revenue than 47% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

29th percentile

-2.3%

Higher net margin than 29% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

63rd percentile

9.2%

Faster asset growth than 63% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2025

Revenue Growth

53rd percentile

8.1%

Faster revenue growth than 53% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2025

Balance Sheet
Liabilities / Assets30th percentile

Assets

Up

$15,416,729

Up $619,020 (+4.2%) from 2024

Liabilities

Up

$808,534

Up $235,287 (+41%) from 2024

Net Assets

Up

$14,608,195

Up $383,733 (+2.7%) from 2024

Operations
Liabilities / Revenue47th percentileNet Margin29th percentile

Revenue

Down

$4,081,335

Down $1,162,709 (-22%) from 2024

Expenses

Up

$4,176,170

Up $122,073 (+3.0%) from 2024

Net Income

Down

-$94,835

Down $1,284,782 (-108%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth63rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0Assets 2012: $6,205,989Liabilities 2012: $395,934Net Assets 2012: $5,810,0552012Assets 2013: $6,976,685Liabilities 2013: $396,167Net Assets 2013: $6,580,5182013Assets 2014: $7,562,491Liabilities 2014: $419,821Net Assets 2014: $7,142,6702014Assets 2015: $8,578,221Liabilities 2015: $393,673Net Assets 2015: $8,184,5482015Assets 2016: $8,681,339Liabilities 2016: $416,837Net Assets 2016: $8,264,5022016Assets 2017: $9,742,783Liabilities 2017: $451,630Net Assets 2017: $9,291,1532017Assets 2018: $10,209,811Liabilities 2018: $523,726Net Assets 2018: $9,686,0852018Assets 2019: $9,978,487Liabilities 2019: $371,657Net Assets 2019: $9,606,8302019Assets 2020: $9,180,083Liabilities 2020: $334,383Net Assets 2020: $8,845,7002020Assets 2021: $11,740,064Liabilities 2021: $306,969Net Assets 2021: $11,433,0952021Assets 2022: $13,690,451Liabilities 2022: $396,764Net Assets 2022: $13,293,6872022Assets 2023: $12,935,308Liabilities 2023: $500,845Net Assets 2023: $12,434,4632023Assets 2024: $14,797,709Liabilities 2024: $573,247Net Assets 2024: $14,224,4622024Assets 2025: $15,416,729Liabilities 2025: $808,534Net Assets 2025: $14,608,1952025

Highlighted filing

2025

Assets$15,416,729
Liabilities$808,534
Net Assets$14,608,195
Open 2025 Filing

Operations Trend

Revenue Growth53rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2012: $2,221,482Expenses 2012: $2,090,840Net Income 2012: $130,6422012Revenue 2013: $2,963,919Expenses 2013: $2,460,259Net Income 2013: $503,6602013Revenue 2014: $2,936,788Expenses 2014: $2,304,936Net Income 2014: $631,8522014Revenue 2015: $3,211,759Expenses 2015: $2,260,692Net Income 2015: $951,0672015Revenue 2016: $2,503,613Expenses 2016: $2,476,933Net Income 2016: $26,6802016Revenue 2017: $3,189,814Expenses 2017: $2,619,099Net Income 2017: $570,7152017Revenue 2018: $2,967,860Expenses 2018: $2,831,150Net Income 2018: $136,7102018Revenue 2019: $2,599,422Expenses 2019: $2,787,222Net Income 2019: -$187,8002019Revenue 2020: $2,954,698Expenses 2020: $2,818,922Net Income 2020: $135,7762020Revenue 2021: $2,506,223Expenses 2021: $2,257,239Net Income 2021: $248,9842021Revenue 2022: $5,109,219Expenses 2022: $3,205,100Net Income 2022: $1,904,1192022Revenue 2023: $3,491,650Expenses 2023: $3,471,667Net Income 2023: $19,9832023Revenue 2024: $5,244,044Expenses 2024: $4,054,097Net Income 2024: $1,189,9472024Revenue 2025: $4,081,335Expenses 2025: $4,176,170Net Income 2025: -$94,8352025

Highlighted filing

2025

Revenue$4,081,335
Expenses$4,176,170
Net Income-$94,835
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$15,416,729
Liabilities
$808,534
Net assets
$14,608,195
Revenue
$4,081,335
Expenses
$4,176,170
Net income
-$94,835
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.4$0.81$14.6$4.08$4.18$0.09
2024Detailed filing. Detailed filing data is available for this year.$14.8$0.57$14.2$5.24$4.05$1.19
2023Detailed filing. Detailed filing data is available for this year.$12.9$0.50$12.4$3.49$3.47$0.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.7$0.40$13.3$5.11$3.21$1.90
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.7$0.31$11.4$2.51$2.26$0.25
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.18$0.33$8.85$2.95$2.82$0.14
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.98$0.37$9.61$2.60$2.79$0.19
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.2$0.52$9.69$2.97$2.83$0.14
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.74$0.45$9.29$3.19$2.62$0.57
2016Detailed filing. Detailed filing data is available for this year.$8.68$0.42$8.26$2.50$2.48$0.03
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.58$0.39$8.18$3.21$2.26$0.95
2014Detailed filing. Detailed filing data is available for this year.$7.56$0.42$7.14$2.94$2.30$0.63
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.98$0.40$6.58$2.96$2.46$0.50
2012Summary only. Only limited summary data is available for this year.$6.21$0.40$5.81$2.22$2.09$0.13
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2024 to Mar 31, 2025
Signed
Feb 4, 2026
Return Version
2024v5.5
Gross Receipts
$5,710,280
Mission and Program Overview

Mission

The uss constitution museum engages all ages in the story of "old ironsides" to spark excitement about maritime culture, naval service, and the american experience.

The uss constitution museum serves as the memory and educational voice of uss constitution.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$8,861,349$10,189,751▲ $1,328,402
Savings and Temporary Cash Investments$2,446,183$2,396,734▼ $49,449
Cash and Non-Interest-Bearing Accounts$913,848$1,266,255▲ $352,407
Land, Buildings, and Equipment, Net$1,040,672$1,108,057▲ $67,385
Pledges and Grants Receivable$439,431$275,576▼ $163,855
Inventories for Sale or Use$28,972$81,839▲ $52,867
Prepaid Expenses and Deferred Charges$24,901$31,543▲ $6,642
Accounts Receivable$24,881$28,899▲ $4,018
Intangible Assets$19,720$7,051▼ $12,669
Total Assets$14,797,709$15,416,729▲ $619,020
Other Assets Total$997,752$31,024▼ $966,728
Liabilities
Other Liabilities$141,423$464,705▲ $323,282
Accounts Payable and Accrued Expenses$424,823$336,754▼ $88,069
Deferred Revenue$7,001$7,075▲ $74
Total Liabilities$573,247$808,534▲ $235,287
Net Assets / Fund Balance
Net Assets With Donor Restrictions$10,996,766$11,110,400▲ $113,634
Net Assets Without Donor Restrictions$3,227,696$3,497,795▲ $270,099
Total Net Assets Fund Balance$14,224,462$14,608,195▲ $383,733
Total Liabilities and Net Assets / Fund Balance$14,797,709$15,416,729▲ $619,020

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,045,820$1,814,029$2,859,849
Other Land Buildings$11,757$2,051,487$2,063,244
Equipment$50,480$285,834$336,314

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$8,627,334$951,770▲ $799,597$383,266$9,995,435
2023$7,747,148$8,000▲ $1,207,471$335,285$8,627,334
2022$8,926,752$4,716▼ $842,104$342,216$7,747,148
2021$8,517,963$92,952▲ $623,961$308,124$8,926,752
2020$6,244,539$95,752▲ $2,478,224$300,552$8,517,963
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Anne Grimes RandPresident/CEOFT$194,091$47,103$241,194
Jacqueline HibbardSVP/COO/CFOFT$183,954$32,428$216,382
Kathryn ToddChief Development OfficerFT$166,975$13,488$180,463
Sarah WatkinsSVP/chief Experience OfficerFT$126,608$25,841$152,449
Sharlene Sones - Director ofMarketing & CommunicationsFT$101,808$12,884$114,692

Board Members and Trustees

NameTitle
Dennis J LangwellChairman/director
Alison NolanVice Chairman/director
Daniel E SmithVice Chairman/director
Christopher S WisemanDirector
Dennis J WhiteDirector
Frank MorseDirector
James F Mchugh IiiDirector
Jennifer RossiDirector
Jessica StebbinsDirector
John FitzgeraldDirector
Lois SiegelmanDirector
Nirav G DesaiDirector
Paul B FerraroDirector
Richard D Batchelder JrDirector
Thomas V Hennessey JrDirector
W Karl BakerDirector
William Phipps Rice JrDirector
Kenyon P Kellogg IiiDirector (appt. 9/25/24)
Mary Jo MajorsDirector (until 3/20/25)
Taylor B WagenseilDirector (until 5/23/24)
Matthew P StackpoleDirector (until 9/25/24)
Nancy KelleherSecretary (appt 9/25/24)/director
Megan Sniffin-marinoffSecretary/director (until 9/25/24)
Bruce a Blessington-vice ChairTreasurer (til 9/25/24)/director
Dean H SteegerTreasurer(appt. 9/25/24)/director

Highest Paid Contractors

ContractorServicesLocationCompensation
Ccs FundraisingProfessional Fundraising155 FEDERAL ST 306, Boston, MA 02110$286,000
Cambridge Seven AssociatesExhibit Design/architects20 UNIVERSITY ROAD, Cambridge, MA 02138$107,073
Revenue and Support

Revenue Composition

Contributions and Grants
$2,243,696
Program Service Revenue
$1,070,417
Investment Income
$451,638
Other Revenue
$315,584
All Other Contributions
$1,318,926
Change in Net Assets
$-94,835

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded6$84,704Market Quotation
Total Noncash Contributions6$84,704-

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,045,244
Revenue Not Reported on Financial Statements
$36,091
Revenue Not Reported on Form 990
$934,157
Total Revenue per Audited Statements
$4,979,401
Total Revenue per Form 990
$4,081,335
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,480,755
Other Expenses$1,389,415
Total Fundraising Expense$1,051,865
Professional Fundraising Fees$306,000
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,198,453$112,711$363,978$1,675,142
Current Officers, Directors, Trustees, and Key Employees$179,512$191,903$99,038$470,453
Occupancy$336,320$15,555$14,898$366,773
Fees for Services Professional Fundraising--$306,000$306,000
Fees for Services Other$96,105$55,989$72,134$224,228
Payroll Taxes$109,257$21,710$30,584$161,551
Other Employee Benefits$115,570$9,746$25,584$150,900
Information Technology$79,242$20,826$29,313$129,381
Depreciation Depletion$122,479-$713$123,192
Conferences and Meetings$93,308--$93,308
Fees for Services Accounting-$84,103-$84,103
Insurance$68,739$3,696$1,478$73,913
Fees for Services Lobbying--$60,000$60,000
Office Expenses$34,925$13,925$10,512$59,362
Fees for Service Investment Mgmnt Fees-$36,091-$36,091
Pension Plan Contributions$18,937-$3,772$22,709
Advertising$16,262--$16,262
Travel$3,928$2,443$5,518$11,889
Other Expenses$1,919$6,892$1,000$9,811
Fees for Services Legal-$5,110$3,414$8,524
All Other Expenses--$1,715$1,715
Total Functional Expenses$2,529,507$594,798$1,051,865$4,176,170

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,595,668
Total Expenses per Form 990$4,176,170
Expenses per Audited Statements$4,140,079
Expenses Not Reported on Form 990$455,589
Expenses Not Reported on Financial Statements$36,091
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$306,000
Fundraising Direct Expenses$108,673
Fundraising Gross Income$61,312

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$378,105$54,441$12,693$41,748
Bush Breakfast$13,830$3,771$866$2,905
Total Events$391,935$58,212$100,380$-42,168
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Advances$333,333
Annuity Payable$100,348
Operating Lease Liability$31,024
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The president/ceo and the svp/coo/cfo review a draft of the form 990 before it's filed. A copy of the draft form 990 is also sent via email to all board members at which time they can ask questions or make comments on the draft.”

Form 990, Part VI, Section B, Line 12C

“The museum distributes the conflict of interest forms to all trustees who must sign and return the form. Any conflicts that arise would be handled by the executive committee.”

Form 990, Part VI, Section B, Line 15

“The compensation for the president/ceo of the museum is set by the board of trustees and is included in the budget process. Any change in salary is reviewed by the compensation committee and is signed by the chairman of the board of trustees. The compensation for all other staff is set through the budget process which is reviewed by the finance committee and ultimately approved by the board of trustees. The president signs all letters of hire. Department directors sign the salary form for changes for payroll purposes. Salary survey information is obtained from the new england museum association and the human resources consortium of the cultural institutions of the greater boston area.”

Form 990, Part VI, Section C, Line 19

“Copies of the documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Uss Constitution Museum Inc
EIN
04-2505888
Phone
6174261812
Address
PO BOX 291812, BOSTON, MA 02129

Signing Officer

Name
Jacqueline Hibbard
Title
Evp/COO/CFO
Phone
6174261812
Signed
2026-02-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeffrey Draeger
Formed
1972
Legal Domicile
Ma
Voting Board Members
21
Independent Board Members
21
Employees
46
Volunteers
62

Preparer

Firm
Eag New England LLC
Address
160 FEDERAL STREET 9TH FLOOR, BOSTON, MA 02110
Preparer
Eugene Borgonzi
Phone
6172276161
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Annuity liability revaluation adjustment -11,998.”

Form 990, Part XII, Line 2C

“The organization has not changed its oversight or selection process from the prior year.”

Form 990, Part I, Line 6

“Members of our board of directors, life trustees and members of our board of overseers serve on museum committees and support our annual gala. Other volunteers assist with visitor services, collections, marketing and events. In addition, we have volunteers from a modelers guild who build ship models in our galleries.”

Financial Statement Notes

PART III, LINE 1A:

“The museum's collections are not reflected on the statements of financial position. Purchased additions to the collections are recorded as expenses at the time acquired. The collection is deemed inexhaustible. The collection is maintained for education and research and furtherance of the museum's goals rather than financial gain. The collection is protected, kept unencumbered and is subject to an organizational policy that encourages permanent possession. The museum's collections policy requires that proceeds from the sale of collection items be used for the acquisition or direct care of collection items. Direct care includes, but is not limited to, contract conservation and consultant costs.”

PART III, LINE 4:

“The museum collects, preserves, displays and interprets items related to the sailing frigate uss constitution, the oldest commissioned warship afloat in the world. The museum has more than 10,000 artifacts and archival materials in its collection. Many are on display in the galleries and help tell the stories of uss constitution and the men and women who served (and still serve) on board her. Many items have been digitized and are shared on the museum's website.”

PART V, LINE 4:

“The permanent and quasi endowments provide income for the museum from interest and dividends for its educational mission and operations. The purpose of the temporarily restricted endowment is to provide funding, when appropriate, to renovate the building and provide sails, rigging and other ship related improvements for uss constitution.”

PART X, LINE 2:

“The museum is subject to the provisions of accounting standards codification ("asc") topic 740, income taxes, as it relates to accounting and reporting for uncertainty in income taxes. The museum has assessed its tax position taken and has determined that there are no uncertain tax positions that would require recognition of an asset or liability or disclosure as of march 31, 2025.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Cost of goods sold (retail operations) 71,043. Special events 108,673. Annuity liability revaluation adjustment -11,998.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Cost of goods sold (retail operations) 71,043. Special events 108,673.”

Raw XML AppendixShowing 400 of 915 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/Desc0EDUCATION/VISITATION THE USS CONSTITUTION MUSEUM WELCOMED 320,880 VISITORS DURING FY25, INCLUDING OVER 19,000 STUDENTS WHO EITHER VISITED AS PART OF ORGANIZED SCHOOL, CAMP OR GROUP VISITS OR PARTICIPATED IN A VIRTUAL FIELD TRIP. THE MUSEUM IS OPEN 7 DAYS PER WEEK AND CHARGES NO SET ADMISSION FEE TO ENSURE THAT ALL WHO WISH TO LEARN ABOUT USS CONSTITUTION CAN VISIT. WE ALSO SHARE CONSTITUTION'S STORY WITH A NATIONAL AUDIENCE THROUGH A VARIETY OF ONLINE ACTIVITIES, EDUCATIONAL PROGRAMS AND VIRTUAL FIELD TRIPS. TRIPADVISOR NAMED THE MUSEUM A 2024 "TRAVELER'S CHOICE" BASED ON VISITOR REVIEWS THAT PLACE THE MUSEUM AMONG THE TOP 10% OF ATTRACTIONS WORLDWIDE.
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