Uss Missouri Memorial Association Inc

Nonprofit profile at a glance

EIN
990310903
IRS 990 coverage
2014–2025
Forms available
Form 990 2025
Location
Aiea, HI, USA
Phone
8084232263
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Historical Societies, Related Historical Activities

Official website

Reported finances

Revenue
$19,547,333
Expenses
$18,045,185
Assets
$55,953,212
Liabilities
$1,919,673

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

28 people listed

Executive titles in this filing

  • MICHAEL A CARR (PRESIDENT & CEO)
  • THOMAS E MANUEL (VICE PRESIDENT)
  • PAUL DYSON (VICE PRESIDENT)
  • MIKE VAN WOERKOM (VICE PRESIDENT)

Highest reported compensation

  • MICHAEL A CARR (PRESIDENT & CEO): $334,298 total reported compensation
  • THOMAS E MANUEL (VICE PRESIDENT): $207,039 total reported compensation
  • MIKE VAN WOERKOM (VICE PRESIDENT): $205,747 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The uss Missouri memorial association is dedicated to preserving the battleship Missouri and sharing her story and place in history.

What it reported doing in 2025

What began in 1994 as a project for Hawaii's civic leaders, transitioned into the uss Missouri memorial association. The board of directors assumed long-term responsibility for the retired uss Missouri (bb-63) which opened to the public on january 29, 1999 and has since attracted over 10 million visitors from around the world. The association focuses on three core strategic areas: preservation and restoration, education, and community outreach. Recognized as one of the state's top five paid visitor destinations, the battleship Missouri memorial is a significant contributor to the economic vitality of Hawaii's visitor industry, the largest driver of the state's gdp. Beyond preservation of the ship, the association looks toward enhanced educational programming and pier upgrades to sustain a world-class visitor experience that is compelling and relevant. In march 2017, the association and the u.s. Navy entered into a 25-year lease ensuring a permanent home in pearl harbor for the battleship Missouri. With the lease in place, the association finally has the opportunity to realize the long-held vision to make the battleship Missouri memorial the finest historic ship attraction in the world.

Operating model

Revenue model
Earned-program. 85% of the money available for current operations came from fees and other program revenue.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 89
  • Accountability: 96
  • Sustainability: 57
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 84.7%; rating input score 85
  • Program expense ratio: 92.4%; rating input score 92
  • Fundraising efficiency: $42.99 raised per $1 spent on fundraising; rating input score 72; 72nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • 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: 94.1%; rating input score 94; 23rd percentile among comparable filings
  • Governance controls: 8 of 8 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: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 7.7%; rating input score 52; 52nd percentile among comparable filings
  • Total-asset coverage ratio: 3.1; rating input score 67; 67th percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 81; 81st percentile among comparable filings
  • Officer compensation ratio: 9.3%; rating input score 28; 28th percentile among comparable filings

Growth

  • Program expense growth: 3.4% per year; rating input score 100; 27th percentile among comparable filings
  • Revenue growth: 3.1% per year; rating input score 100; 24th percentile among comparable filings
  • Asset growth: 4.7% per year; rating input score 100; 31st percentile among comparable filings

Details

  • Where the money goes: 84.7% of revenue deployed · 92.4% of spending went to programs
  • Governance: 16 of 17 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $16.7M in reported program spending
  • Leadership: top reported pay $334K · 28 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $4.4M reported
  • Consistency: 31 of 31 current checks pass
  • Schedules: 5 filed schedules · includes major donors and executive pay
  • Filing history: 11 filing years from 2014 to 2025
  • Contacts: How to reach this organization
  • Money network: 9 filed money-flow records
  • 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.

  • Review — Sustainability: Operating margin scored 52/100.
  • High — Sustainability: Officer compensation ratio scored 28/100.