Intrepid Museum
Legal name: Intrepid Museum Foundation Inc
Nonprofit profile at a glance
- EIN
- 133062419
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- New York, NY, USA
- Phone
- 212-245-0072
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Museum, Museum Activities
Reported finances
- Revenue
- $39,353,836
- Expenses
- $36,946,415
- Assets
- $91,434,609
- Liabilities
- $21,124,230
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
39 people listed
Executive titles in this filing
- SUSAN MARENOFF-ZAUSNER (PRESIDENT)
- DAVID A WINTERS (EXECUTIVE VICE PRESIDENT)
Highest reported compensation
- SUSAN MARENOFF-ZAUSNER (PRESIDENT): $756,000 total reported compensation
- PATRICIA BEENE-COLASANTI (CFO/CAO): $455,953 total reported compensation
- MATTHEW WOODS (SVP ENGINEERING/FACILITIES): $440,687 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Intrepid Museum's mission is to promote the awareness and understanding of history, science, and service through its collections, exhibitions, and programming.
What it reported doing in 2024
Other programspublic programsthe museum staged 27 public programs (13 onsite programs and 14 virtual programs). This included festivals (kids week, fleet week); movie nights; astronomy nights. Nearly all the programs (but one) were free with admission to the museum. The museum hosts "free fridays" from april to october to create an inclusive and welcoming experience for all audiences who want to experience the museum after hours. Additional programming is provided including our free summer movie series (on the flight deck) and some of our onsite astronomy programs with celebrated astronauts and scientists. The summer tasting event was a paid experience.total onsite attendance: 62,229 total virtual attendance: 483,459another centerpiece event included intrepid as one of the New York city locations for the partial solar eclipse event (april 8, 2024) with educational programming provided and complimentary commemorative solar eclipse glasses for visitors.intrepid hosted several astronauts, among them the celebrated, astronaut fred haise who served as apollo 13's lunar module pilot for the dramatic mission, which was originally scheduled to be a ten-day trip to the fra mauro region of the moon. Approximately 55 hours into the flight, in which an intended moon landing was canceled because of a rupture in a fuel-cell oxygen tank in the service module. The crew, consisting of fred haise, and two other astronauts returned safely to earth, making use of the life-support system in the lunar module.another new event (september) was the introduction of our history & innovation series. The museum partnered with the metropolitan opera (the met) for a behind-the-scenes program featuring the met's newest opera, grounded. On september 13, 2024, attendees enjoyed a special performance of grounded, followed by a panel discussion. The panel included decorated retired female military officers and artists, who shared their perspectives on balancing service to their country with domestic life, as well as the challenges of navigating these dual identities. The panel was moderated by dana h. Born, ph.d. (brigadier general, usaf retired), who served as the faculty chair for the senior executive fellows (sef)program at the harvard kennedy school (hks) of government, and previously served as the co-director for the hks's center for public leadership and faculty advisor for the black family graduate fellowship for veterans and the national security fellows program. She retired from usaf with thirty years of service, having served as a military commander in times of peace, conflict, and crises. Another panel participant was lieutenant colonel tammy barlette the founder of athena's voice, a speaking collective featuring female pilots from around the united states as well as the founder and ceo of crosscheck mental performance training. She is a retired fighter pilot who served in the us air force for over 20 years, accumulating more than 3000 total flying hours and over 1500 hours of combat support time assisting and protecting troops on the ground in both iraq and afghanistan. The third panel participant was jeanine tesori, met opera composer, known for both opera and musical theatre, with five (5) tony award nominations amongst a wide output of musicals, notably winning the tony award for best original score in 2015 for fun home. She is also the first female composer to have two original musicals running at the same time on broadway. Festivalsthe museum once again hosted its annual festivals, kids week and fleet week. Kids week, which takes place in february and is held during the winter break of New York city public schools, is an eight-day event full of fun, family-friendly education programming. February 17-24: kids weekduring kids week, children of all ages and interests learned about steam (science, technology, engineering, arts & math) through fun-filled activities, nasa displays & exhibits, live animal shows, hands-on workshops, performances, specia
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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 86
- Accountability: 100
- Sustainability: 54
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 82.7%; rating input score 83
- Program expense ratio: 85.9%; rating input score 86
- Fundraising efficiency: $6.91 raised per $1 spent on fundraising; rating input score 28; 28th percentile among comparable filings
Transparency & Controls
- Consistency checks: 94.7%; rating input score 95; 24th percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- 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; 66th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- 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: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 6.1%; rating input score 57; 57th percentile among comparable filings
- Total-asset coverage ratio: 2.47; rating input score 69; 69th percentile among comparable filings
- Liabilities to assets ratio: 0.23; rating input score 54; 54th percentile among comparable filings
- Officer compensation ratio: 15.1%; rating input score 8; 8th percentile among comparable filings
Growth
- Program expense growth: 0.8% per year; rating input score 100; 13th percentile among comparable filings
- Revenue growth: 0.4% per year; rating input score 100; 10th percentile among comparable filings
- Asset growth: 0.2% per year; rating input score 100; 11th percentile among comparable filings
Details
- What they do: 6 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 82.7% of revenue deployed · 85.9% of spending went to programs
- Governance: 21 of 21 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $31.7M in reported program spending
- Leadership: top reported pay $756K · 39 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $6.4M reported
- Consistency: 41 of 41 current checks pass
- Schedules: 9 filed schedules · includes major donors and executive pay
- Filing history: 13 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 18 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 28/100.
- Review — Sustainability: Operating margin scored 57/100.
- High — Sustainability: Officer compensation ratio scored 8/100.
- Review — Sustainability: Liabilities to assets ratio scored 54/100.