300 Stewart Avenue Corporation

Nonprofit profile at a glance

EIN
260541486
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Las Vegas, NV, USA
Phone
7022292734
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Museum, Museum Activities

Official website

Reported finances

Revenue
$1,607,569
Expenses
$5,054,568
Assets
$46,293,589
Liabilities
$2,292,317

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

28 people listed

Executive titles in this filing

  • JONATHAN ULLMAN (PRESIDENT & CEO)
  • ASHLEY MILLER (VICE PRESIDENT OF MARKETING, PR & SALES)
  • GEOFF SCHUMACHER (VICE PRESIDENT OF EXHIBITS & PROGRAMS)
  • LISA BELAIR (VICE PRESIDENT OF FINANCE & BUSINESS ANALYTICS)

Highest reported compensation

  • JONATHAN ULLMAN (PRESIDENT & CEO): $577,224 total reported compensation
  • MARK ACHENBACH (CHIEF OPERATING OFFICER): $227,818 total reported compensation
  • ASHLEY MILLER (VICE PRESIDENT OF MARKETING, PR & SALES): $220,685 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

See schedule oto advance the public understanding of organized crime's history and impact on american society.key tenets of this mission include: operating as a financially independent and self-sustaining organization that contributes to the growth and vibrancy of downtown las vegas. Providing accurate storytelling that portrays the roots and evolution of organized crime in america, in an authentic and entertaining manner. Creating dynamic and interactive experiences that explore the criminal justice system's efforts and innovations in the fight against organized crime. Engaging diverse audiences in discourse about social conditions, individual choices and consequences, contemporary issues, and other topics that relate to organized crime. Preserving artifacts, objects, and digital records that serve as educational resources, connecting both the academic community and the general public to people and events of historical significance. Honoring the accomplishments

What it reported doing in 2024

300 stewart avenue corporation, more commonly known as [or doing business as] the mob museum, is an interactive museum dedicated to the history of organized crime and law enforcement. The museum presents a bold and authentic view of organized crime's impact on las vegas history and its unique imprint on america and the world. The museum presents the real stories and actual events of mob history via interactive and engaging exhibits that reveal all sides of the story about the role of organized crime in the us. The mob museum offers multiple perspectives and provides a contemporary, engaging, challenging and educational experience.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 74
  • Accountability: 95
  • Sustainability: 34
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 36.8%; rating input score 37
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -214.4%; rating input score 0; 0th percentile among comparable filings
  • Total-asset coverage ratio: 9.16; rating input score 91; 91st percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 52; 52nd percentile among comparable filings
  • Officer compensation ratio: 32.2%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: 7.9% per year; rating input score 100; 55th percentile among comparable filings
  • Revenue growth: 8% per year; rating input score 100; 59th percentile among comparable filings
  • Asset growth: 6.6% per year; rating input score 100; 46th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 36.8% of spending went to programs
  • Governance: 22 of 22 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $1.9M in reported program spending
  • Leadership: top reported pay $577K · 28 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 29 of 29 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 12 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: 3 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Program expense ratio scored 37/100.
  • High — Sustainability: Operating margin scored 0/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • High — Sustainability: Officer compensation ratio scored 6/100.
  • Review — Sustainability: Liabilities to assets ratio scored 52/100.