Overview
What is Marine Corps Heritage Foundation?
The Marine Corps Heritage Foundation is a nonprofit organization located in Triangle, Virginia, at 1775 SEMPER FIDELIS WAY. Their mission is to preserve and promote the history, traditions, and culture of the Marine Corps, educating the American public about its virtues. They accomplish this through various programs, including supporting museum collections, educational programs, community outreach efforts, a volunteer docent program, intern and special assistant payroll, marketing, and maintaining the museum property and grounds. The foundation operates retail operations within the museum, such as a gift shop, restaurants, special events, a laser rifle range, and a giant screen movie theater. In 2022, the museum welcomed 42,169 virtual and in-person students, and a total of 307,595 visitors. The foundation also supports intern and special assistant programs, traveling exhibits, and museum maintenance. With a dedicated workforce of 66 employees, the Marine Corps Heritage Foundation is committed to honoring the Marine Corps' legacy and sharing its stories with the world.
Official website here: www.marineheritage.org
What are the reviews and ratings of this charity?
**Marine Corps Heritage Foundation - Charity Navigator Rating: 98% (Four-Star out of Four Stars)**
The Marine Corps Heritage Foundation has received a high rating of 98% from Charity Navigator, indicating exceptional accountability and financial health. This score is attributed entirely to its accountability and finance metrics, where it achieved a perfect score in several areas including an independent board and financial oversight.
Stakeholders appreciate the foundation's commitment to transparency and responsible resource management, demonstrated by their robust financial practices and zero material diversions of assets. This level of accountability highlights the organization's focus on maintaining trust and integrity within its operations.
However, there are no user reviews currently available from GreatNonprofits to provide further insight into the public sentiment regarding their programs and services. Overall, the foundation appears to be well-managed financially, making it a reliable choice for donors looking to support marine heritage initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Marine Corps Heritage Foundation legitimate?
Marine Corps Heritage Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marine Corps Heritage Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $490,397
Professional Fundraising Fees: $506,848
Other Salaries and Wages: $1,713,662
For more financial information, click here
Official website here: www.marineheritage.org
What is the mission statement of Marine Corps Heritage Foundation?
The Marine Corps Heritage Foundation's mission is centered around preserving and promoting the history, traditions, and culture of the Marine Corps. It aims to educate all Americans about the virtues inherent in the Marine Corps. Through various programs, the foundation seeks to achieve this mission, including supporting museum collections, educational programs, community outreach efforts, and volunteer opportunities. The Foundation manages retail operations within the National Museum of the Marine Corps, such as the gift shop, restaurants, and a movie theater. The foundation also hosts events and exhibits, attracting a significant number of visitors and students annually.
Official website here: www.marineheritage.org
Who is the CEO of Marine Corps Heritage Foundation?
Majgen James W Lukeman is the CEO of Marine Corps Heritage Foundation The CEO's salary of Marine Corps Heritage Foundation is $245,785 and their total compensation is $262,804.
Official website here: www.marineheritage.org
What is the revenue of Marine Corps Heritage Foundation?
Marine Corps Heritage Foundation's revenue in 2023 was $9,661,802.
Official website here: www.marineheritage.org
Who are the executives of Marine Corps Heritage Foundation and what are their salaries?
The average compensation at Marine Corps Heritage Foundation during 2023 was $42,386. There are 52 employees and 18 volunteers at Marine Corps Heritage Foundation.
Here are 21 key members and their salaries (Marine Corps Heritage Foundation's CEO's salary is $245,785 and their total compensation is $262,804):
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Official website here: www.marineheritage.org
Where can I find the form 990 for Marine Corps Heritage Foundation?
Marine Corps Heritage Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.marineheritage.org
Learn more at the official website: www.marineheritage.org
Mission Statement of Marine Corps Heritage Foundation
The Marine Corps Heritage Foundation is dedicated to preserving and promoting the history, traditions, and culture of the Marine Corps, aiming to educate all Americans about its virtues. This nonprofit organization works tirelessly to achieve its mission by supporting various programs at the National Museum of the Marine Corps. These initiatives include maintaining museum collections and exhibits, funding artwork, organizing educational programs, engaging in community outreach efforts, managing a volunteer docent program, providing payroll support for interns and special assistants, handling marketing, and taking care of the Heritage Center property and grounds. The foundation is also responsible for operating retail operations within the museum, such as the gift shop, two restaurants, special events, a laser rifle range, and a giant screen movie theater showing the foundation's feature film, "We, the Marines." Moreover, the Marine Corps Heritage Foundation plays a significant role in educating and inspiring visitors, hosting a total of 307,595 visitors, including 42,169 virtual and in-person students, during 2022 alone.
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Impact
October, 2024
The Marine Corps Heritage Foundation significantly impacts the preservation and promotion of Marine Corps history, traditions, and culture. By supporting the National Museum of the Marine Corps, the Foundation facilitates educational programs and community outreach efforts that engage a diverse audience.
In 2022, the museum hosted 42,169 students through virtual and in-person programs and welcomed a total of 307,595 visitors, highlighting its role as a vital educational resource. The Foundation's initiatives include maintaining an extensive collection of exhibits and artworks, which enhance the museum's offerings, and managing a range of retail operations that contribute to its sustainability.
Additionally, the Foundation invests in the development of future leaders through its intern and special assistant programs, employing 28 staff members and providing significant financial support. It also invests in maintenance and traveling exhibits, ensuring the museum's resources are well-preserved and reach a broader audience. Overall, the Foundation plays a critical role in fostering an appreciation for the Marine Corps and its values in American society.
This information is meant to be a general summary of Marine Corps Heritage Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $740,254
- Program Service Revenue: $1,000,809
- Gross Receipts: $18,582,284
Assets and Liabilities:
- Total Assets: $116,893,125
- Total Liabilities: $2,666,205
- Net Assets: $114,226,920
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPECIAL EVENTS
Revenue
$347,650
MUSEUM GIFT SHOP REVENUE
Revenue
$319,885
THEATER/RIFLE RANGE REVENUE
Revenue
$173,991
RESTAURANT REVENUE
Revenue
$159,283
Organization Details
Founding Year
1979
Principal Officer
Majgen James W Lukeman
Website
www.marineheritage.orgNTEE Category
Code: P20 - Human services
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