DESTROYER-ESCORT HISTORICAL MUSEUM

EIN: 141836568 501(c)(3) Arts, Culture & Humanities

ALBANY, NY

Total Revenue
$681,975
Total Expenses
$724,400
Total Assets
$3,510,019
Net Assets
$3,453,864
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
NY
Principal Officer
TIM RIZZUTO
Phone
5184311943
Tax Period
2024-01-01 to 2024-12-31

DESTROYER-ESCORT HISTORICAL MUSEUM, founded in 2002, is a small nonprofit in the Arts, Culture & Humanities sector that reported $682K in total revenue in fiscal year 2024. Revenue fell 46% from the prior year — a significant decline worth monitoring. Net assets of $3.5M represent 61 months of operating reserves.

Mission

THE MISSION OF THE MUSEUM IS EXCLUSIVELY EDUCATIONAL IN NATURE AND, WITHOUT LIMITATION, TO EDUCATE THE PUBLIC, ESPECIALLY THE YOUNGER GENERATIONS, OF THE SACRIFICES AND ACHIEVEMENTS OF OUR NATION'S VETERANS, TO INSTILL IN THE MUSEUM'S VISITORS A SENSE OF PRIDE, PATRIOTISM AND THE IMPORTANCE OF THE LESSONS OF HISTORY AND TO PERFORM SUCH OTHER FUNCTIONS AS ARE CUSTOMARY FOR EDUCATIONAL MUSEUMS.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $413,111
Program Service Revenue $176,865
Investment Income $43,005
Other Revenue $48,994
TOTAL REVENUE $681,975

Expense Breakdown

Grants Paid $0
Salaries & Benefits $402,293
Fundraising Expenses $30,913
Program Expenses $430,490
Other Expenses $322,107
TOTAL EXPENSES $724,400

Year-over-Year Comparison

2024 2023 Change
Revenue $681,975 $1,264,969 -0.5%
Expenses $724,400 $992,546 -0.3%
Net Income $-42,425 $272,423 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
18
Independent Members
18
Employees
19
Volunteers
18

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
7
$163,826
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BARTLEY J COSTELLO ESQ CHAIRMAN 1.00
Officer Director
$0 $0 $0
ANTHONY ESPOSITO EMERITUS 1.00
Director
$0 $0 $0
DIANE WATTERS EMERITUS 1.00
Director
$0 $0 $0
ARTHUR DOTT EMERITUS 1.00
Director
$0 $0 $0
ALAN FOX TRUSTEE 1.00
Director
$0 $0 $0
ROBERT LAZAR TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL CLARK TRUSTEE 1.00
Director
$0 $0 $0
ROBERT CROSS TRUSTEE 1.00
Director
$0 $0 $0
GARY DIECKMAN TRUSTEE 1.00
Director
$0 $0 $0
S GREG KRAWCZYK TRUSTEE 1.00
Director
$0 $0 $0
STEPHEN M LONG TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL C SWEZEY PRESIDENT 1.00
Officer Director
$0 $0 $0
ROBERT DIGNUM TRUSTEE 1.00
Director
$0 $0 $0
RONALD ZAREM TRUSTEE 1.00
Director
$0 $0 $0
PATRICK JORDAN VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
GREGORY M WOLANIN TRUSTEE 1.00
Director
$0 $0 $0
CHRIS ROSETTI TREASURER 1.00
Officer Director
$0 $0 $0
TOM CORIGLIANO SECRETARY 1.00
Officer Director
$0 $0 $0
RICHARD BOURGEOIS TRUSTEE 1.00
Director
$0 $0 $0
JAMES MILES TRUSTEE 1.00
Director
$0 $0 $0
JOSEPH FITZGERALD TRUSTEE 1.00
Director
$0 $0 $0
TIMOTHY RIZZUTO EXECUTIVE DIRECTOR 40.00
Officer
$92,243 $20,610 $112,853
JO ANN MULLIGAN FINANCE OFFICER 40.00
Officer
$50,973 $0 $50,973
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
2024 $681,975 $724,400 $3,510,019 $-42,425
2023 $1,264,969 $992,546 $3,277,823 $272,423
2022 $854,930 $819,464 $2,639,902 $35,466
2021 $887,386 $493,380 $2,937,143 $394,006
2020 $758,487 $1,184,845 $2,340,952 $-426,358
2019 $840,153 $412,019 $2,612,433 $428,134
2018 $477,565 $388,166 $2,214,512 $89,399
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