Civic Intelligence

Intrepid Museum Foundation Inc

EIN 13-3062419 • 501(c)3 • New York, NY

Profile

As an educational and cultural nonprofit institution, the intrepid museum promotes the awareness and understanding of history, science and service through its collections, exhibitions and programming in order to honor our heroes, educate the public and inspire our youth. The museum's mission is realized in three ways: 1) displaying collections and exhibitions that offer interpretations of american and global history; 2) providing innovative science, history and leadership programs for students; and 3) playing an integral role in the local and national community by hosting a wide range of public events for youth, families, senior citizens, veterans, and the men and women in service to our nation. The museum's mission is at the core of its strategic plan and guides all decision-making, whether programmatic, curatorial, operational or financial.

West 46th St 12th AveNew York, NY 10036

www.intrepidmuseum.org

Siviq Scores

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

Liabilities / Assets

49th percentile

0.23x

Higher debt load relative to assets than 49% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.54x

Higher debt load relative to revenue than 62% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

55th percentile

6.1%

Higher net margin than 55% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

35th percentile

2.3%

Faster asset growth than 35% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

80th percentile

28%

Faster revenue growth than 80% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Up

$91,434,609

Up $2,014,526 (+2.3%) from 2023

Liabilities

Down

$21,124,230

Down $2,880,322 (-12%) from 2023

Net Assets

Up

$70,310,379

Up $4,894,848 (+7.5%) from 2023

Revenue

Up

$39,353,836

Up $8,560,036 (+28%) from 2023

Expenses

Up

$36,946,415

Up $2,247,377 (+6.5%) from 2023

Net Income

Up

$2,407,421

Up $6,312,659 (+162%) from 2023

Trend Graphs

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2011: $86,180,002Liabilities 2011: $17,158,687Net Assets 2011: $69,021,3152011Assets 2012: $90,594,298Liabilities 2012: $20,148,040Net Assets 2012: $70,446,2582012Assets 2013: $91,311,413Liabilities 2013: $18,707,760Net Assets 2013: $72,603,6532013Assets 2014: $90,191,993Liabilities 2014: $17,057,996Net Assets 2014: $73,133,9972014Assets 2015: $93,129,753Liabilities 2015: $18,379,879Net Assets 2015: $74,749,8742015Assets 2016: $97,058,559Liabilities 2016: $24,603,794Net Assets 2016: $72,454,7652016Assets 2017: $96,514,092Liabilities 2017: $23,128,482Net Assets 2017: $73,385,6102017Assets 2018: $94,644,581Liabilities 2018: $21,706,020Net Assets 2018: $72,938,5612018Assets 2019: $96,789,670Liabilities 2019: $21,124,170Net Assets 2019: $75,665,5002019Assets 2020: $94,686,490Liabilities 2020: $31,674,593Net Assets 2020: $63,011,8972020Assets 2021: $107,274,514Liabilities 2021: $34,394,996Net Assets 2021: $72,879,5182021Assets 2022: $92,276,738Liabilities 2022: $25,993,448Net Assets 2022: $66,283,2902022Assets 2023: $89,420,083Liabilities 2023: $24,004,552Net Assets 2023: $65,415,5312023Assets 2024: $91,434,609Liabilities 2024: $21,124,230Net Assets 2024: $70,310,3792024

Highlighted filing

2024

Assets$91,434,609
Liabilities$21,124,230
Net Assets$70,310,379

Operations Trend

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

$40M$20M$0-$20MExpenses 2011: $25,962,4752011Expenses 2012: $25,953,8342012Expenses 2013: $29,700,8412013Revenue 2014: $33,263,307Expenses 2014: $32,052,415Net Income 2014: $1,210,8922014Revenue 2015: $34,926,907Expenses 2015: $33,911,795Net Income 2015: $1,015,1122015Revenue 2016: $33,243,071Expenses 2016: $34,454,126Net Income 2016: -$1,211,0552016Revenue 2017: $35,411,059Expenses 2017: $35,136,930Net Income 2017: $274,1292017Revenue 2018: $34,468,777Expenses 2018: $34,950,407Net Income 2018: -$481,6302018Revenue 2019: $32,020,156Expenses 2019: $33,549,147Net Income 2019: -$1,528,9912019Revenue 2020: $9,089,021Expenses 2020: $24,501,218Net Income 2020: -$15,412,1972020Revenue 2021: $23,304,017Expenses 2021: $23,432,181Net Income 2021: -$128,1642021Revenue 2022: $30,558,446Expenses 2022: $31,400,029Net Income 2022: -$841,5832022Revenue 2023: $30,793,800Expenses 2023: $34,699,038Net Income 2023: -$3,905,2382023Revenue 2024: $39,353,836Expenses 2024: $36,946,415Net Income 2024: $2,407,4212024

Highlighted filing

2024

Revenue$39,353,836
Expenses$36,946,415
Net Income$2,407,421

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$91.4$21.1$70.3$39.4$36.9$2.41
2023Detailed filing. Detailed filing data is available for this year.$89.4$24.0$65.4$30.8$34.7$3.91
2022Detailed filing. Detailed filing data is available for this year.$92.3$26.0$66.3$30.6$31.4$0.84
2021Detailed filing. Detailed filing data is available for this year.$107$34.4$72.9$23.3$23.4$0.13
2020Detailed filing. Detailed filing data is available for this year.$94.7$31.7$63.0$9.09$24.5$15.4
2019Detailed filing. Detailed filing data is available for this year.$96.8$21.1$75.7$32.0$33.5$1.53
2018Detailed filing. Detailed filing data is available for this year.$94.6$21.7$72.9$34.5$35.0$0.48
2017Detailed filing. Detailed filing data is available for this year.$96.5$23.1$73.4$35.4$35.1$0.27
2016Detailed filing. Detailed filing data is available for this year.$97.1$24.6$72.5$33.2$34.5$1.21
2015Detailed filing. Detailed filing data is available for this year.$93.1$18.4$74.7$34.9$33.9$1.02
2014Detailed filing. Detailed filing data is available for this year.$90.2$17.1$73.1$33.3$32.1$1.21
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$91.3$18.7$72.6$29.7
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$90.6$20.1$70.4$26.0
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$86.2$17.2$69.0$26.0
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 7, 2025
Return Version
2024v5.2
Gross Receipts
$46,035,221
Mission and Program Overview

Mission

As an educational and cultural nonprofit institution, the intrepid museum promotes the awareness and understanding of history, science and service through its collections, exhibitions and programming in order to honor our heroes, educate the public and inspire our youth. The museum's mission is realized in three ways: 1) displaying collections and exhibitions that offer interpretations of american and global history; 2) providing innovative science, history and leadership programs for students; and 3) playing an integral role in the local and national community by hosting a wide range of public events for youth, families, senior citizens, veterans, and the men and women in service to our nation. The museum's mission is at the core of its strategic plan and guides all decision-making, whether programmatic, curatorial, operational or financial.

The mission of the intrepid museum is to advance the understanding of the intersection of history and innovation in order to honor our heroes, educate the public and inspire future generations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$41,690,635$43,808,494▲ $2,117,859
Investments in Publicly Traded Securities$29,936,831$31,421,710▲ $1,484,879
Pledges and Grants Receivable$5,311,062$5,795,810▲ $484,748
Savings and Temporary Cash Investments$7,133,384$5,648,573▼ $1,484,811
Cash and Non-Interest-Bearing Accounts$2,484,802$2,293,607▼ $191,195
Accounts Receivable$2,317,378$2,063,781▼ $253,597
Prepaid Expenses and Deferred Charges$545,991$402,634▼ $143,357
Total Assets$89,420,083$91,434,609▲ $2,014,526
Liabilities
Mortgage Notes Payable Secured by Investment Property$15,293,750$15,045,000▼ $248,750
Accounts Payable and Accrued Expenses$5,024,470$2,704,637▼ $2,319,833
Deferred Revenue$2,877,314$2,509,001▼ $368,313
Other Liabilities$809,018$865,592▲ $56,574
Total Liabilities$24,004,552$21,124,230▼ $2,880,322
Net Assets / Fund Balance
Net Assets With Donor Restrictions$35,679,027$37,643,691▲ $1,964,664
Net Assets Without Donor Restrictions$29,736,504$32,666,688▲ $2,930,184
Total Net Assets Fund Balance$65,415,531$70,310,379▲ $4,894,848
Total Liabilities and Net Assets / Fund Balance$89,420,083$91,434,609▲ $2,014,526

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$22,582,646$71,428,770$94,011,416
Leasehold Improvements$20,597,178$10,117,231$30,714,409
Equipment$628,670$8,821,042$9,449,712

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$30,495,358$56,867▲ $3,961,202$1,642,008$32,745,947
2023$28,857,946$56,867▲ $3,702,885$1,980,790$30,495,358
2022$37,803,208$106,867▼ $7,087,342$1,836,166$28,857,946
2021$34,138,379$6,867▲ $5,321,791$1,502,013$37,803,208
2020$31,335,945-▲ $3,810,654$862,982$34,138,379
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Susan Marenoff-zausnerPresidentFT$633,247$122,753$756,000
Patricia Beene-colasantiCFO/CAOFT$357,385$98,568$455,953
Matthew WoodsSVP Engineering/facilitiesFT$348,522$92,165$440,687
Elaine CharnovSVP Exhibits/educationFT$309,847$78,204$388,051
Marc LowitzSVP Business DevelopmentFT$296,742$90,660$387,402
David a WintersExecutive Vice PresidentPT$319,341$64,109$383,450
Michael OnyskoVP, MarketingFT$258,160$85,273$343,433
Lynda KennedyVP, Education & EvaluationFT$211,308$73,446$284,754
Thomas CoumbeVP, Human ResourcesFT$210,432$50,329$260,761
Irena TsitkoVP, Grants Mgmt & AdminFT$185,469$65,965$251,434
Brian Walker Vp CorporateComm. & External AffairsFT$174,905$63,304$238,209
Lisa YaconielloVP, Venue Sales & EventsPT$181,234$47,214$228,448
Camilo FajardoCreative DirectorFT$157,685$60,118$217,803
Virginia ProanoControllerFT$153,067$40,471$193,538
Alexis Marion Vp InstitutionalAdvancement, Thru Apr 2024FT$150,232$40,328$190,560
Jessica WilliamsHead CuratorFT$135,330$51,595$186,925
Jennifer FuginaAvp, Visitor ServicesFT$128,286$51,221$179,507
Christopher MalansonAvp, ExhibitsFT$122,696$52,593$175,289

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Jt Cleary INCMarine Construction Svcs127-50 NORTHERN BLVD, Flushing, NY 11368, As$4,748,807
Sygnia INCCybersecurity Services488 MADISON AVENUE, Miami, FL 32805$602,635
ThomariosDesign/painting ServicesONE CANAL SQUARE PLAZA, Orlando, FL 32805$403,325
Ch2mEngineering ServicesPO BOX 5018713, Spokane, WA 99201$331,098
Flying Fish InternationalCreator Of Traveling Exhibitions-$310,036
Revenue and Support

Revenue Composition

Contributions and Grants
$10,426,208
Program Service Revenue
$20,687,564
Investment Income
$1,840,162
Other Revenue
$6,399,902
All Other Contributions
$5,428,378
Change in Net Assets
$2,407,421

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded8$135,623Sales Price
Total Noncash Contributions8$135,623-

Audited Revenue Reconciliation

Revenue per Audited Statements
$39,228,364
Revenue Not Reported on Financial Statements
$125,472
Revenue Not Reported on Form 990
$3,075,964
Total Revenue per Audited Statements
$42,304,328
Total Revenue per Form 990
$39,353,836
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$23,689,197
Other Expenses$13,144,718
Total Fundraising Expense$1,508,521
Professional Fundraising Fees$112,500
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$14,108,072$428,942$509,803$15,046,817
Current Officers, Directors, Trustees, and Key Employees$2,590,531$1,363,734$464,200$4,418,465
Depreciation Depletion$3,131,480$612,348$16,348$3,760,176
Other Employee Benefits$2,291,631$138,390$61,144$2,491,165
Occupancy$1,782,209$203,510$15,101$2,000,820
Payroll Taxes$1,402,171$142,229$76,154$1,620,554
Advertising$1,024,687$8,262$66,266$1,099,215
Office Expenses$849,202$102,661$38,010$989,873
Interest$768,761$149,004$3,982$921,747
Information Technology$450,575$147,281$41,841$639,697
Fees for Services Other$357,050$13,521$4,556$375,127
Other Expenses$206,341$22,906$6,743$206,341
All Other Expenses$107,240$16,138$17,084$140,462
Fees for Service Investment Mgmnt Fees-$125,472-$125,472
Insurance$80,077$27,049$15,374$122,500
Fees for Services Lobbying$119,030--$119,030
Fees for Services Professional Fundraising--$112,500$112,500
Pension Plan Contributions$104,474$5,804$1,918$112,196
Fees for Services Accounting-$102,500-$102,500
Fees for Services Legal$50,460$17,045$9,688$77,193
Travel$62,456$8,076$3,363$73,895
Conferences and Meetings$48,483$6,811$2,636$57,930
Total Functional Expenses$31,738,718$3,699,176$1,508,521$36,946,415

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$37,409,480
Total Expenses per Form 990$36,946,415
Expenses per Audited Statements$36,820,943
Expenses Not Reported on Form 990$588,537
Expenses Not Reported on Financial Statements$125,472
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$112,500
Fundraising Direct Expenses$112,250
Fundraising Gross Income$65,500

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Salute to Freedom Gala$1,174,093$65,500-$65,500
Total Events$1,174,093$65,500$112,250$-46,750
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capitalized Lease Obligation$854,665
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 A, Line 2

Kenneth fisher and winston fisher, all members of the board of trustees of the museum, are family members. Martin edelman, kenneth fisher, and winston fisher, all members of the board of trustees of the museum, have a business relationship. Bruce mosler and kenneth fisher, all members of the board of trustees of the museum, have a business relationship. Bruce mosler and tom higgins, all members of the board of trustees of the museum, have a business relationship.

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

The form 990 was prepared by the museum's outside accounting firm with information provided by the museum's staff. Management reviewed the form and provided additional comments. A copy was distributed to the audit committee via e-mail. The committee members are given an opportunity to review the form and ask for additional information or make comments prior to finalization. The final form 990 is submitted to the audit committee for their final review and approval via e-mail prior to the filing date. Once approved, the form 990 was provided to the board of trustees for their review. The board of trustees is required to acknowledge their receipt of the form by email. The form 990 is then approved by management and e-filed with the irs.

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

The organization has a conflict of interest policy applicable to all board trustees and officers. All applicable individuals are required to sign a conflict of interest agreement "annual certification" annually, disclosing any possible conflict of interest and be given the opportunity to disclose all material facts to the board. After disclosure of all material facts, and after any discussions with the interested person, he/she leaves the board meeting while the determination of a conflict of interest is discussed and voted upon. The remaining disinterested board members decide if a conflict of interest exists by a majority vote. The interested person recuses themselves from deliberations and voting on matters giving rise to such conflict. Deliberation and decisions are recorded in the minutes of the board.

Form 990, Part VI, Section B, Line 15

The compensation and executive committees and the board, via the budget presentation and approval process, are responsible for approving the hiring, compensation and annual evaluations for salary increases. The compensation committee studies market compensation and competitiveness, analyzing both economic climate, current budget restrictions if hire is within a budget cycle, competitive data at similar institutions in metropolitan locations beginning with nyc (comparing budget size, position responsibility, number of subordinates to be managed, etc), position within non-profit world and for profit world. They also use current survey data for comparative analysis from various applicable sources in the museum field, such as american association of museums, museum association of ny, as well as a salary survey from pnp (professionals for non-profits) and comparative salary information from the new york cultural institutions human resources group, and data available for the fields applicable to the position, e.g. Accounting, operations, education. At most senior levels, president discusses requirements and proposed salary range with the compensation committee. For president, the co-chairmen of the board would be involved in the decision-making process and discuss requirements and salary ranges with members of the compensation and executive committees. To establish salary increases and bonuses, the president assesses performance of direct reports, and president's performance is assessed by co-chairmen. At the end of the fiscal year, all staff, including senior staff, undergo performance reviews. Senior management performance is evaluated based on goals set for the museum, each department, management of respective teams, and success of overall venue. (success is measured through revenue, brand awareness, customer satisfaction, growth of programming and content, growth in attendance, integrity and upkeep of safe infrastructure.) based on those assessments, the president recommends salary increases and bonuses for each member of senior management to the compensation committee based on achievements and budget availability. The compensation committee engages a compensation consultant to perform market studies of comparable organizations and senior management positions. It meets with the consulting firm and the president of the museum. If the compensation committee has any questions or recommendations, the president addresses them and makes revisions. The committee then considers the president's recommendations and approves them or directs the president to modify her recommendations based on other factors. The president also presents her accomplishments to the co-chairmen of board for review. The co-chairmen consult with the compensation committee and compensation consultant to approve salary increases and bonuses for the president. If bonus and salary increases are approved by the compensation committee, the chairman of the compensation committee advises the president, and the proper documentation is prepared and submitted to hr and finance and the bonuses are paid and the increases are implemented. This process was last undertaken during 2024.

Form 990, Part VI, Section C, Line 18

The museum makes its form 990 available for public inspection as required under section 6104 of the internal revenue code by having the 990 posted on guidestar.org as well as the museum's website. In addition, forms 990 and 1023 as well as the conflict of interest policy, articles of incorporation, by-laws and financial statements are available to the public upon written request.

Form 990, Part VI, Section C, Line 19

The museum makes its financial statements and certain of its corporate documents regarding its 501(c)(3) status available to the public on its website. The museum makes certain of its governing documents and its conflict of interest are available to the public on request.

FORM 990, PART VII, SECTION A, COLUMN (A):

The museum shares employees with the intrepid fallen heroes fund (ifhf). Compensation expense was paid by the museum and allocated to ifhf for the following officers reported on form 990, part vii, section a as follows: name: david a. Winters title: executive vice president compensation expenses allocated to intrepid museum foundation, inc. (60%): $207,379 compensation expenses allocated to intrepid fallen heroes fund (40%): $138,253 name: lisa yaconiello title: vp, venue sales & events compensation expenses allocated intrepid museum foundation, inc. (90%): $181,111 compensation expenses allocated to intrepid fallen heroes fund (10%): $20,123

Filing and Contact Details

Filer

Filer Name
Intrepid Museum Foundation Inc
EIN
13-3062419
Phone
2122450072
Address
WEST 46TH ST 12TH AVE, NEW YORK, NY 10036
Doing Business As
Intrepid Sea-air-space Museum

Signing Officer

Name
Susan Marenoff-zausner
Title
President
Phone
2122452533
Signed
2025-09-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susan Marenoff-zausner
Formed
1982
Legal Domicile
Ny
Voting Board Members
21
Independent Board Members
21
Employees
388
Volunteers
168

Preparer

Firm
PKF O'CONNOR DAVIES ADVISORY LLC
Address
245 PARK AVENUE 12TH FLOOR, NEW YORK, NY 10167
Preparer
Garrett M Higgins
Phone
2122862600
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 6:

The museum also receives donated services that do not require specific expertise, but which are nonetheless central to the museum's operations. The estimated value of these services for the year ended december 31, 2024 is based on the estimated dollar value of volunteer time and amounted to approximately $421,345 (21,067 hours of time).

FORM 990, PART I, DOING BUSINESS AS:

Intrepid sea-air-space museum intrepid sea-air-space foundation intrepid museum

THE MUSEUM'S MISSION IS AT THE CORE OF ITS STRATEGIC PLAN AND

Guides all decision-making, whether programmatic, curatorial, operational or financial.

In March of 2024 the Museum Welcomed Back British Airways

Concorde to our pier after a brief restoration. The popular concorde tour experience was reopened shortly after, in mid-april 2024. The museum successfully marketed a new summer exhibition named apollo: when we went to the moon with a dedicated campaign which generated interest among the various museum audience segments. The museum continued to refine its digital marketing strategies along with implementing user driven modifications to the website launched in the fall of 2023. All these efforts led to increased roa for our digital advertising budgets as well as improved user experience within the website. The museum continued to grow its social media presence across six platforms generating over 33 million impressions and 2 million engagements from over 3,000 posts. During 2024, the museum expanded both its guided tour program and free tours and talks to meet visitor demand. Over 38,000 visitors experienced our various guided tours while an additional 18,000 visitors engaged with our ves (visitor experience specialist) team for complimentary talks. Over the course of 2024 the museum implemented additional wayfinding signage and installed a new media wall at the beginning of the visitor's journey. The museum continued efforts to translate materials into other languages and incorporate qr codes throughout various pathways to enhance the visitor experience. New signage was tested and implemented at key pinch points throughout the complex to help visitors find and navigate to popular exhibitions or locations. Over the course of 2024 the museum continued to expand the number of stops on the bloomberg connects app. New content added included interviews, oral histories and archival video that supports the various content throughout the complex. Group sales in 2024 the intrepid museum's group sales offerings included a variety of programs for many different group types and, overall, welcomed over 144,000 guests through these offerings. These programs were aligned with our mission and offered our guests the opportunity to explore and learn in an informal setting. Included were specialized children's birthday parties with themes of sea, air and space, consistent with our exhibitions. In total, we hosted 150 birthday parties attended by over 5,600 guests aboard intrepid. Our overnight program, operation slumber, hosted more than 6,400 children and their parents and chaperones, the most ever, over 22 dates. We hosted over 47,000 guests in 2024 through our receptive operators and over 11,700 guests via our tour operator partners. We hosted over 9,000 camp and scout groups, and over 38,000 students and adults/chaperones. We continued to host youth orchestras, bands, choirs, and dance groups for performances onboard as a part of their group admission, giving them the opportunity to honor and inspire by sharing their performances with museum guests. The museum also hosted commissioning ceremonies on board, which included complimentary admission to veteran and active members of the military and their families present to celebrate a military enlistment or promotion, as well as retirement ceremonies.

Access, Veteran and Military Family Programs

The museum provided programs both online and onsite for 2,884 people with cognitive, sensory, physical or emotional needs, along with their families or support staff. Offerings included american sign language (asl) - led public tours for adults; verbal description and touch tours for adults who are blind or have low vision; programs for visitors with dementia and their caregivers; family programs for children with developmental or learning disabilities and their families; early morning openings for families affected by autism; and partner events. Asl interpretation for large virtual public events reached even more. With funding from the andrew w. Mellon foundation, the museum expanded its offerings for individuals with dementia and their care partners. These programs integrated the arts for an enriching experience, and while the museum was open, removed barriers by providing transportation to the museum and programs at the care sites. The museum's access team successfully facilitated week-long all access maker camp sessions. A new addition this year was a first-employment experience given to two youth alumni of the maker program, who became paid counselors in training for the summer session. Part-time paid positions created and staffed in collaboration with birch family services continued through 2024 with job path. One of the two original positions was made into an hourly staff position, with the former intern joining the education team. In addition, the director of access initiatives acted in a key roles, and the access team has contributed to many other projects such as bloomberg connects, the development of interactives and sensory tools for the second deck restoration funded by both the neh and imls, an immersive vr experience and the upcoming underwater archeology exhibition. For these projects, the team located and coordinated with disability advisors and self-advocates to user test prototype elements and gain insights for informing designs. These advisors also gave feedback on the spaces to be restored and the proposed education center refresh. The team coordinates the neurodiversity advisory committee and the counsel of veterans advisors. Military family programs for returning veterans and active service members and their families and veterans' programs such as intrepid after hours and veterans plus (including civilian guests) served 1183 participants both on site and in the virtual space. Programs included exhibition explorations, a collaboration with exit 12 dance company and an event in collaboration with the metropolitan opera highlighting women in the military. Special access to museum festivals gave military families a chance to meet each other while also taking part in wider activities. Community & family engagement programs over 7900 people participated in community programs led by museum educators at the museum or for libraries and community centers through virtual programming or web-based activities. Family days and activities were held onsite at the museum in conjunction with festivals such as kids week, astro live events or free fridays or as freestanding events such as a family day for pride month. Programs were free with admission for all families and admission was waived for low-income new yorkers through partnerships with cool culture, community partners and our ebt initiative, museum for all, which provides free admission to the museum for a food stamps or cash assistance recipient and up to three household members. A community anchor award from nasa supported special outreach to black and latine families, special programming and spanish translation for the fall astronomy night. Three more of these "nasa explore days" will be increasing the reach of programs in 2025. A partnership with the department of homeless services (dhs) continued for families in transitional housing, including the museum's annual gift of thanks celebration and coordinated attendance at museum festivals such as kids week and gir

Contributions to the Field

The museum has continued its relationship with beyond 100k in10 in order to remain as part of the collaborative impact on supporting quality stem education across the nation. Intrepid education team members also serve on different professional learning communities within the beyond 100k network. With the launch of the educating for american democracy framework (ead) the museum joined as an ead champion and education team members serve on the community learning partners task force, becoming the only museum to receive a grant to pilot the framework. The vp of education & evaluation and the director of access initiatives contributed a book chapter, evaluation and stakeholder involvement in the evolution of an access initiative, to evaluating accessibility in museums: a practical guide (ed. Laureen trainer). The director of access initiatives contributed the chapter, the intrepid museum: beyond sensory-friendly programs to the book, welcoming museum visitors with unapparent disabilities (ed. Beth redmond-jones). Intrepid education team members presented intrepid museum's education work at 12 conferences/professional convenings in 2024, including: american alliance of museums annual meeting (1. Stories within: better serving individuals with dementia and care partners; 2. Educating for american democracy: tools for civic learning in museums; 3. Welcoming museum visitors with unapparent disabilities ); new york city museum educator's roundtable conference (incorporating speakers in to your programming: a practical toolkit); museums association of new york (civic actors: communities of practice to support civic engagement); us department of education, raise the bar: you belong in stem convening (1. Inspiration academy, supporting joyful learning (developing and supporting stem teachers and educators; 2. All access maker camp: meaningfully engaging neurodiverse children with stem); and the national council for social studies (incorporating inclusive stories through diverse primary sources). In addition, the director of access initiatives was part of a webinar panel through nyc tourism member talks with the theme: embracing neurodiversity for business success.

Vessel Visits to Pier 86

In 2024 the intrepid museum welcomed a number of vessel visits to pier 86, offering additional experiences for museum visitors and the public. Vessels visiting pier 86 are open to visitation by the general public, and these visits do not require intrepid museum admission. Visiting vessels included a coast guard cutter and several us naval academy training vessels during fleet week, and several other coast guard cutters in the summer and fall. Gift of thanksgiving on november 18, 2024, the intrepid museum hosted the gift of thanksgiving, an annual event at which the museum provides a thanksgiving week meal to families served by the new york city department of homeless services. This special evening included free access to the museum and educational activities with the goal of offering this community a warm and welcoming holiday experience. Over 180 guests joined in this memorable event.

FORM 990, PART XII, LINE 2C:

The museum has an audit and compliance committee that assumes responsibility for the oversight of the audit of its financial statements and for the selection of an independent accountant. The process has not changed from the prior year.

Financial Statement Notes

PART III, LINE 1A:

The intrepid and certain exhibits were placed on loan to the museum by the united states department of the navy, (the "navy"), british airways ("ba") and other entities, and the value thereof is not readily determinable. Accordingly, the museum has followed the accounting policy of most museums with respect to collections and exhibits on loan and has not included those assets in the financial statements. The submarine, growler, was loaned by the navy to the museum, and was opened to the public in may 1989. The concorde g-boad was loaned to the museum by ba on november 24, 2003 for an unspecified period of time. On november 22, 2011, the museum entered into a contract for the conditional transfer of title to nasa historic artifact(s) with national aeronautics and space administration ("nasa") to acquire the space shuttle orbiter, enterprise ("enterprise"). Nasa transferred the title to the museum subject to certain conditions and restrictions for a 20-year period after which time the title transfer is permanent. Nasa physically delivered the enterprise to the museum at jfk airport on april 27, 2012.

PART III, LINE 4:

The intrepid sea, air & space museum collects a wide range of artifacts to document its rich history as a u.s. Naval vessel from 1943 to 1974. Many of these artifacts include the personal memorabilia of both former crew members and officers alike. Photographs, letters, manuscripts, certificates, medals, souvenirs, and other ephemera help us to interpret the lives of the men who worked and slept on the aircraft carrier. Furthermore, the "sailor art" designed and created by the servicemen on board allows us a unique glimpse into the personal side of life on the ship. Examples of such art include sketches on the backs of handkerchiefs, an ashtray constructed from a shell fired by the intrepid, as well as detailed wall paintings scattered throughout the interior of the vessel. Our vast collection of uniforms, from flight suits to officers' dress "blues," provides us with an understanding of the different duties and jobs for which the servicemen would have been responsible. Similarly, our collections include an array of gear and equipment associated with the ship and the aircraft that flew from her. These objects include landing signal paddles and aircraft tie-downs, as well as flight helmets and plotting boards. Our collection of larger scale artifacts, such as aircraft, specifically relate to the intrepid's years of service from world war ii through the cold war. Finally, rounding out the collections are accurate models of other aircraft and ships associated with the period of the intrepid's navy service, providing us with yet another means of visualizing past technologies.

PART V, LINE 4:

Under the museum's spending policy, up to 5% of the average fair and unrestricted value of the investments at the end of the prior three calendar years is available for operations. The amount approved for operations during the year ended december 31, 2024 was $1,642,008 (5%). The intended use of the endowment funds is to support the organization's operations.

PART X, LINE 2:

The museum recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Management has determined that the museum had no uncertain tax positions that would require financial statement recognition or disclosure. The museum is no longer subject to examinations by the applicable taxing jurisdictions for tax years prior to fiscal 2021.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Personal property rental expense 1,200.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Personal property rental expense 1,200.

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

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IRS990/Desc0EXHIBITS AND MUSEUM SERVICESEXHIBITSTHE MUSEUM OFFERED A RANGE OF ON-SITE AND DIGITAL EXPERIENCES TO IMMERSE VISITORS INTO THE MUSEUM THEMES OF THE INTERSECTION OF HISTORY AND INNOVATION AND TO EXPAND ON THE STORIES OF SPACE SCIENCE AND INTREPID DURING ITS ERAS OF SERVICE. THESE NEW EXHIBITIONS WERE FREE WITH ONSITE ADMISSION. CONCORDE RESTORATION AND RETURN/OPENINGFOR SEVERAL MONTHS THE BRITISH AIRWAYS CONCORDE WAS MOVED OFF-SITE FROM THE MUSEUM TO THE BROOKLYN NAVY YARD TO UNDERGO CRITICAL RESTORATION AND TO ENSURE THAT WORK WAS ACHIEVED TO PROTECT AND PRESERVE THE HISTORIC AIRCRAFT FOR YEARS TO COME. A THIRD-PARTY VENDOR SPECIALIZING IN AIRCRAFT PAINTING AND REPAIR COMPLETED THE WORK IN THE FIRST QUARTER OF THE 2024 AND WITH MUCH FANFARE AND PRESS COVERAGE ON MARCH 14, 2024, THE BRITISH AIRWAYS CONCORDE RETURNED TO THE INTREPID MUSEUM. "APOLLO: WHEN WE WENT TO THE MOON" TEMPORARY EXHIBITIONFREE WITH ADMISSION TO THE MUSEUM, MARCH 26 - SEPTEMBER 2INTREPID'S LARGEST-EVER TEMPORARY LICENSED EXHIBITION IN THE MUSEUM'S SPACE SHUTTLE PAVILION SHOWCASING THE CAPTIVATING HISTORY OF THE APOLLO PROGRAM, THROUGH INTERACTIVE MEDIA, PHOTOGRAPHS AND RARELY SEEN ARTIFACTS FROM THE U.S. SPACE & ROCKET CENTER ARCHIVES. THIS EXHIBITION HIGHLIGHTS OUR COMMITMENT TO BRINGING IMPACTFUL AND AWE-INSPIRING EXPERIENCES TO OUR VISITORS, FURTHER SOLIDIFYING THE INTREPID MUSEUM'S REPUTATION AS A PREMIER DESTINATION FOR EXPLORATION AND DISCOVERY. IT ALSO UNDERSCORES THE INTREPID'S HISTORIC HERITAGE WITH THE SPACE PROGRAM, HAVING SERVED AS A PRIMARY RECOVERY VESSEL FOR THE MERCURY-ATLAS 7 AND GEMINI 3 SPACE MISSIONS, RETRIEVING ASTRONAUTS AND THEIR CAPSULES AFTER OCEAN LANDINGS.RS-25 ENGINE, TEMPORARY DISPLAY ON PIER 86JULY TO SEPTEMBERIN CONJUNCTION WITH THE APOLLO: WHEN WE WENT TO THE MOON EXHIBITION, THE MUSEUM HOSTED A REPLICA OF THE RS-25 ENGINE ON DISPLAY AT PIER 86 TO CONNECT SPACE SCIENCE HISTORY AND THE FUTURE OF THE ARTEMIS PROGRAM. THIS PRESENTED AN OPPORTUNITY TO LEARN ABOUT THE ENGINE POWERING NASA'S ARTEMIS II MISSION.CORSAIR ARRIVALMULTI-YEAR LOAN FROM THE NATIONAL MUSEUM OF THE UNITED STATES NAVYOCTOBER 2, 2024 CORSAIR WAS BROUGHT INTO THE AIRCRAFT RESTORATION HANGAR AND ULTIMATELY REPAINTED WITH THE MARKINGS (WITH NMUSN APPROVAL) OF A FORMER NAVAL PILOT WHO SERVED ON INTREPID DURING WORLD WAR II. THIS ARTIFACT WILL BE ON LONG TERM LOAN TO THE MUSEUM AND WILL BE FEATURED AS A CENTERPIECE OF THE NEW PERMANENT STORY OF THE INTREPID AND HANGAR DECK - TO OPEN IN MARCH 2025. THE COLLECTIONS AND AIRCRAFT RESTORATION TEAM WORKED CLOSELY WITH THE LENDER TO APPROVE PROCESS AND PROCEDURES. LONG LEAD PROJECTS: VIRTUAL REALITY EXPERIENCE - ENGINE ROOM/BOILER ROOMTHROUGHOUT MOST OF 2024 THE EXHIBITION AND CURATORIAL TEAM HAVE BEEN WORKING WITH A THIRD-PARTY VENDOR TO DEVELOP ITS FIRST VIRTUAL REALITY EXPERIENCE THAT WILL SERVE AS A PILOT FOR OTHER VIRTUAL REALITY EXPERIENCES. THE GOALS OF THE PROJECT ARE TO USE HISTORICALLY ACCURATE IMAGE RENDERINGS AND HAVE VISITORS "FEEL AND SEE" WHAT IT IS LIKE TO BE IN THE HEART OF THE AIRCRAFT CARRIER. THE GOALS OF THIS PROJECT ARE TO LEARN FROM VISITOR FEEDBACK AND CREATE AN EXCITING AND ENGAGING EXPERIENCE OF A PHYSICAL SPACE THAT THE PUBLIC WILL NEVER BE ABLE TO VISIT. TRAVELING EXHIBITION: MYSTERIES FROM THE DEEP: EXPLORING UNDERWATER ARCHAEOLOGYIN 2024, THE MUSEUM EMBARKED ON ITS FIRST FORAY INTO TRAVELLING EXHIBITIONS. IT IS WORKING IN PARTNERSHIP WITH A THIRD-PARTY EXHIBITION DEVELOPER TO CO-PRODUCE AN EXHIBITION "MYSTERIES FROM THE DEEP: EXPLORING UNDERWATER ARCHAEOLOGY". THIS INTERNATIONAL TRAVELLING EXHIBITION WILL FIRST OPEN AT INTREPID IN JUNE 2025 AND THEN CIRCULATE ON TOUR FOR SUBSEQUENT YEARS. THE TOPIC - FOCUSING ON SCIENCE, TECHNOLOGY, ENGINEERING AND MATH WILL ILLUSTRATE THE ROLES OF 21ST CENTURY TECHNOLOGY TO REVEAL STORIES HIDDEN BENEATH OCEANS AND LAKES. SECOND DECK RESTORATION PROJECTTHE EXHIBITIONS STAFF WORKED IN 2024 ON DEVELOPING THE SCRIPT AND DESIGN FOR ONE OF ITS LARGEST PERMANENT EX
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