National Medal of Honor Museum Foundation

Nonprofit profile at a glance

EIN
900900556
IRS 990 coverage
2014–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Arlington, TX, USA
Phone
+1 817-274-1861
Rating
55
Verdict
MIXED
Rating confidence
Moderate
Sector
Museum, Museum Activities

Official website

Reported finances

Revenue
$43,221,323
Expenses
$9,779,140
Assets
$235,769,998
Liabilities
$33,184,908

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

Leadership & pay

37 people listed

Executive titles in this filing

  • CHRISTOPHER CASSIDY (PRESIDENT AND CEO)
  • ANTHONY BROCK (EXECUTIVE DIRECTOR, GRIFFIN INSTITUTE)
  • ELLYN METCALF (VICE PRESIDENT, EDUCATION)

Highest reported compensation

  • CHRISTOPHER CASSIDY (PRESIDENT AND CEO): $342,270 total reported compensation
  • CORY CROWLEY (EVP): $272,065 total reported compensation
  • ANTHONY BROCK (EXECUTIVE DIRECTOR, GRIFFIN INSTITUTE): $242,183 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 Medal of Honor is a symbol of courage & sacrifice, commitment & integrity, citizenship & patriotism.

What it reported doing in 2024

The organization's primary program activity is to recognize and honor those who have served our country and to design, fund, build, and maintain state-of-the-art facilities for the orientation, comfort, and education of visitors. As part of this effort, the organization preserves, protects, and acquires key artifacts and archival materials related to the medal of honor and its recipients, helping to create a tangible link between visitors and the heroes who have sacrified for the nation. The organization also raises awareness of the medal of honor and its recipients through targeted campaigns and public programming.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
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

MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 18
  • Transparency & Controls: 74
  • Accountability: 80
  • Sustainability: 84
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 6.9%; rating input score 7
  • Program expense ratio: 28.8%; rating input score 29
  • Fundraising efficiency: $11.16 raised per $1 spent on fundraising; rating input score 41; 41st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Missing
    • 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: 96.8%; rating input score 97; 31st percentile among comparable filings
  • Governance controls: 5 of 9 controls in place; rating input score 56
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 77.4%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 24.11; rating input score 98; 98th percentile among comparable filings
  • Liabilities to assets ratio: 0.14; rating input score 67; 67th percentile among comparable filings
  • Officer compensation ratio: 15.3%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: 26.5% per year; rating input score 100; 94th percentile among comparable filings
  • Revenue growth: 25.4% per year; rating input score 100; 95th percentile among comparable filings
  • Asset growth: 30.8% per year; rating input score 100; 96th percentile among comparable filings

Details

  • What they do: 4 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 6.9% of revenue deployed · 28.8% of spending went to programs
  • Governance: 30 of 31 board members independent · 5 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $2.8M in reported program spending
  • Leadership: top reported pay $342K · 37 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $63.7M reported
  • Consistency: 37 of 37 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 8 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 7/100.
  • High — Financial Efficiency: Program expense ratio scored 29/100.
  • Review — Accountability: Governance controls: 4 of 9 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 41/100.
  • High — Sustainability: Officer compensation ratio scored 8/100.