The Army Historical Foundation Inc

🔒

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

Financial Trends

Organization Details

Formation Year

1983

Legal Domicile

Principal Officer

BG Burdett K Thompson U

Phone

7035624168

Tax Period

2024-01-01 to 2024-12-31

The Army Historical Foundation Inc, founded in 1983, is a community nonprofit in the Arts, Culture & Humanities sector that reported $9.5M in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $10.6M exceeded revenue, resulting in a 11% operating deficit.

Mission

See Sch O

Program Service Accomplishments

Program 1

Expenses: $4,728,758 Revenue: $1,897,178

2024 National Museum Program: The foundation operated all revenue-generating activities for the National Museum of the United States Army. The U.S. Army owns, operates, and maintains the Museum...

2024 National Museum Program: The foundation operated all revenue-generating activities for the National Museum of the United States Army. The U.S. Army owns, operates, and maintains the Museum, while the Foundation is responsible for revenue generation, fundraising, and membership. Revenue-generating activities include but are not limited to, special events, retail service, food services (cafe and catering), and simulators.

Program 2

Expenses: $740,915

Cost of Goods Sold -36,280.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $7,672,619

Program Service Revenue $64,508

Investment Income $7,539

Other Revenue $1,796,390

TOTAL REVENUE $9,541,056

Expense Breakdown

Grants Paid $9,815

Salaries & Benefits $3,155,518

Fundraising Expenses $3,188,721

Program Expenses $5,469,673

Other Expenses $6,605,107

TOTAL EXPENSES $10,569,920

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,541,056	$7,614,008	+0.3%
Expenses	$10,569,920	$9,836,384	+0.1%
Net Income	$-1,028,864	$-2,222,376	-0.5%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$498,649

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GEN Eric K Shinseki USA-Ret	Board Chair	1.00	Director	$0	$0	$0
LTG Larry Jordan USA-Ret	Board Vice Chair	1.00	Director	$0	$0	$0
GEN Dennis L Via USA-Ret	Board Director	1.00	Director	$0	$0	$0
LTG Jeffrey Sorenson USA-Ret	Board Director	1.00	Director	$0	$0	$0
MG Russell L Fuhrman USA-Ret	Board Director	1.00	Director	$0	$0	$0
BG Cindy Jebb USA-Ret	Board Director	1.00	Director	$0	$0	$0
SMA Kenneth O Preston USA-Ret	Board Director	1.00	Director	$0	$0	$0
Debbie Rub Brooks	Board Director	1.00	Director	$0	$0	$0
Don M Fox	Board Director	1.00	Director	$0	$0	$0
Dan C Starks	Board Director	1.00	Director	$0	$0	$0
Robert J George	Board Director	1.00	Director	$0	$0	$0
Arsalan Lutfi	Board Director	1.00	Director	$0	$0	$0
Michael W Royer	Board Director	1.00	Director	$0	$0	$0
BG Burdett K Thompson USA-Ret	President	40.00	Officer	$262,019	$10,508	$272,527
Paul J Weiler	VP Finance/Accounting, Treasurer	40.00	Officer	$194,084	$19,893	$213,977
COL Erica L Herzog USA-Ret	Board Secretary	2.00	Officer	$12,145	$0	$12,145
Jamie L Hubans	Deputy/Vice President of Museum Marketing & Commun	40.00	Highest	$178,099	$12,299	$190,398
Mark J Morin	VP Opertions	40.00	Highest	$167,692	$13,230	$180,922
Matthew J Seelinger	Chief Historian	40.00	Highest	$104,228	$6,695	$110,923

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	$9,541,056	$10,569,920	$6,251,500	$-1,028,864
2023	$7,614,008	$9,836,384	$5,302,983	$-2,222,376
2022	$10,051,135	$13,076,779	$10,524,308	$-3,025,644
2021	$17,384,969	$8,387,726	$16,487,331	$8,997,243
2020	$10,989,120	$137,572,437	$9,461,294	$-126,583,317
2019	$11,571,579	$5,769,028	$135,127,256	$5,802,551
2018	$38,237,070	$6,052,749	$129,651,605	$32,184,321