USS CONSTITUTION MUSEUM INC

EIN: 042505888 501(c)(3) Arts, Culture & Humanities

BOSTON, MA

Total Revenue
$4,081,335
Total Expenses
$4,176,170
Total Assets
$15,416,729
Net Assets
$14,608,195
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
MA
Principal Officer
JEFFREY DRAEGER
Phone
6174261812
Tax Period
2024-04-01 to 2025-03-31

USS CONSTITUTION MUSEUM INC, founded in 1972, is a community nonprofit in the Arts, Culture & Humanities sector that reported $4.1M in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring. Net assets of $14.6M represent 43 months of operating reserves.

Mission

THE USS CONSTITUTION MUSEUM ENGAGES ALL AGES IN THE STORY OF "OLD IRONSIDES" TO SPARK EXCITEMENT ABOUT MARITIME HERITAGE, NAVAL SERVICE, AND THE AMERICAN EXPERIENCE.

Program Service Accomplishments

Program 1
Expenses: $1,541,196 Revenue: $1,320,328

EDUCATION/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...

Read more

EDUCATION/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.

Program 2
Expenses: $632,968 Revenue: $0

EXHIBITS - THE MUSEUM'S PARTICIPATORY EXHIBITS CONSISTENTLY RECEIVE HIGH MARKS FROM OUR GUESTS. "ALL HANDS ON DECK" IS AN AWARD-WINNING, HANDS-ON EXHIBIT ABOUT THE 1812 CREW. "FOREST TO FRIGATE"...

Read more

EXHIBITS - THE MUSEUM'S PARTICIPATORY EXHIBITS CONSISTENTLY RECEIVE HIGH MARKS FROM OUR GUESTS. "ALL HANDS ON DECK" IS AN AWARD-WINNING, HANDS-ON EXHIBIT ABOUT THE 1812 CREW. "FOREST TO FRIGATE" COMBINES HISTORY AND STEM CHALLENGES TO EXPLORE SHIP DESIGN AND CONSTRUCTION. "OLD IRONSIDES IN WAR IN PEACE" TRACES CONSTITUTION'S 225 YEAR HISTORY. "HONOR, COURAGE, COMMITMENT" TRACES THE JOURNEY OF NAVY SAILORS FROM ENLISTMENT TO BOOT CAMP TO JOINING THE FLEET AROUND THE WORLD. "JOIN THE CREW" IS AN INTERACTIVE ONLINE EXHIBIT. IN FY25, THE MUSEUM HOSTED THE 45TH ANNUAL MASTERS OF MINIATURE MODEL SHOW HIGHLIGHTING 250 YEARS OF US NAVY SHIPS.

Program 3
Expenses: $355,343 Revenue: $44,975

COLLECTIONS - THE MUSEUM HOUSES THE LARGEST COLLECTION OF USS CONSTITUTION-RELATED OBJECTS IN THE WORLD WITH NEARLY 2,000 ARTIFACTS AND OVER 10,000 ARCHIVAL MATERIALS. A 2,400 VOLUME LIBRARY IS...

Read more

COLLECTIONS - THE MUSEUM HOUSES THE LARGEST COLLECTION OF USS CONSTITUTION-RELATED OBJECTS IN THE WORLD WITH NEARLY 2,000 ARTIFACTS AND OVER 10,000 ARCHIVAL MATERIALS. A 2,400 VOLUME LIBRARY IS AVAILABLE TO RESEARCHERS, STUDENTS AND THE PUBLIC BY APPOINTMENT. THE MUSEUM PROTECTS, PRESERVES AND DISPLAYS SELECTIONS OF ITS COMPREHENSIVE COLLECTION OF MATERIAL RELATED TO "OLD IRONSIDES." IN FY25, THE CURATORIAL TEAM PROTOTYPED TWO NEW PROGRAMS TO SHARE THE MUSEUM'S COLLECTION AND CONSTITUTION'S HISTORY WITH THE PUBLIC: "VAULT TO VESSEL" BEHIND-THE-SCENES TOURS IN THE SUMMER AND FALL AND "SAILING THROUGH HISTORY" VIRTUAL DISCUSSIONS DURING THE WINTER WITH THE MUSEUM'S PUBLIC HISTORIAN ABOUT TOPICS IN THE SHIP'S HISTORY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,243,696
Program Service Revenue $1,070,417
Investment Income $451,638
Other Revenue $315,584
TOTAL REVENUE $4,081,335

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,480,755
Fundraising Expenses $1,051,865
Program Expenses $2,529,507
Other Expenses $1,389,415
TOTAL EXPENSES $4,176,170

Year-over-Year Comparison

2024 2023 Change
Revenue $4,081,335 $5,244,044 -0.2%
Expenses $4,176,170 $4,054,097 +0.0%
Net Income $-94,835 $1,189,947 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
21
Independent Members
21
Employees
46
Volunteers
62

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
9
$457,576
Total Directors
25
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIEL E SMITH VICE CHAIRMAN/DIRECTOR 4.00
Officer Director
$0 $0 $0
ALISON NOLAN VICE CHAIRMAN/DIRECTOR 4.00
Officer Director
$0 $0 $0
W KARL BAKER DIRECTOR 2.00
Director
$0 $0 $0
BRUCE A BLESSINGTON-VICE CHAIR TREASURER (TIL 9/25/24)/DIRECTOR 4.00
Officer Director
$0 $0 $0
PAUL B FERRARO DIRECTOR 2.00
Director
$0 $0 $0
NANCY KELLEHER SECRETARY (APPT 9/25/24)/DIRECTOR 2.00
Officer Director
$0 $0 $0
DENNIS J LANGWELL CHAIRMAN/DIRECTOR 4.00
Officer Director
$0 $0 $0
FRANK MORSE DIRECTOR 2.00
Director
$0 $0 $0
WILLIAM PHIPPS RICE JR DIRECTOR 2.00
Director
$0 $0 $0
JENNIFER ROSSI DIRECTOR 2.00
Director
$0 $0 $0
MEGAN SNIFFIN-MARINOFF SECRETARY/DIRECTOR (UNTIL 9/25/24) 2.00
Officer Director
$0 $0 $0
MATTHEW P STACKPOLE DIRECTOR (UNTIL 9/25/24) 2.00
Director
$0 $0 $0
CHRISTOPHER S WISEMAN DIRECTOR 2.00
Director
$0 $0 $0
THOMAS V HENNESSEY JR DIRECTOR 2.00
Director
$0 $0 $0
LOIS SIEGELMAN DIRECTOR 4.00
Director
$0 $0 $0
TAYLOR B WAGENSEIL DIRECTOR (UNTIL 5/23/24) 2.00
Director
$0 $0 $0
RICHARD D BATCHELDER JR DIRECTOR 2.00
Director
$0 $0 $0
NIRAV G DESAI DIRECTOR 2.00
Director
$0 $0 $0
MARY JO MAJORS DIRECTOR (UNTIL 3/20/25) 2.00
Director
$0 $0 $0
JAMES F MCHUGH III DIRECTOR 2.00
Director
$0 $0 $0
JESSICA STEBBINS DIRECTOR 2.00
Director
$0 $0 $0
JOHN FITZGERALD DIRECTOR 2.00
Director
$0 $0 $0
DEAN H STEEGER TREASURER(APPT. 9/25/24)/DIRECTOR 4.00
Officer Director
$0 $0 $0
DENNIS J WHITE DIRECTOR 4.00
Director
$0 $0 $0
KENYON P KELLOGG III DIRECTOR (APPT. 9/25/24) 2.00
Director
$0 $0 $0
ANNE GRIMES RAND PRESIDENT/CEO 40.00
Officer
$213,987 $27,207 $241,194
JACQUELINE HIBBARD SVP/COO/CFO 40.00
Officer
$196,712 $19,670 $216,382
SARAH WATKINS SVP/CHIEF EXPERIENCE OFFICER 40.00
Highest
$126,866 $25,583 $152,449
SHARLENE SONES - DIRECTOR OF MARKETING & COMMUNICATIONS 40.00
Highest
$101,808 $12,884 $114,692
KATHRYN TODD CHIEF DEVELOPMENT OFFICER 40.00
Highest
$167,113 $13,350 $180,463
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $4,081,335 $4,176,170 $15,416,729 $-94,835
2024 $5,244,044 $4,054,097 $14,797,709 $1,189,947
2023 $3,491,650 $3,471,667 $12,935,308 $19,983
2022 $5,109,219 $3,205,100 $13,690,451 $1,904,119
2021 $2,506,223 $2,257,239 $11,740,064 $248,984
2020 $2,954,698 $2,818,922 $9,180,083 $135,776
2019 $2,599,422 $2,787,222 $9,978,487 $-187,800
2018 $2,967,860 $2,831,150 $10,209,811 $136,710
Explore More Nonprofits
Top 100 Nonprofits in Massachusetts Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare USS CONSTITUTION MUSEUM INC with other nonprofits in Massachusetts and across the country.