Veterans History Museum of the Carolinas
Nonprofit profile at a glance
- EIN
- 822366521
- IRS 990-EZ coverage
- 2020–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2017
- Location
- Brevard, NC, USA
- Phone
- 8288842141
- Rating
- 60
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Museum, Museum Activities
Reported finances
- Revenue
- $91,721
- Expenses
- $54,476
- Assets
- $304,038
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- David Morrow (President)
People named in this filing
- David Morrow (President)
- Philip Davis (Secretary)
- Michel Robertson (Treasurer & CFO)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose is to honor veterans, educate the community about the history and sacrifices of our military veterans, and preserve important historic military artifacts.
What it reported doing in 2025
Educate children and adults about our nation's military history and veterans' contributions. Provided specialized tours for groups of school children and college students. Provide educational interactive videos in each of our 7 galleries, instructing visitors on the history of each of our nation's conflicts, how they began and ended, and the sacrifices of Americans at home and at war through videos, music, photos, and stories of local veterans from 1917 through the global war on terror. Produced an educational film and took in into schools and other veteran organizations. More than 10,000 visitors annually.
Operating model
- Revenue model
- Donor-supported. 87% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 92% 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 - The filed numbers largely add up and program spending has grown recently. 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: 23
- Transparency & Controls: 100
- Sustainability: 80
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 18.3%; rating input score 18
- Program expense ratio: 30.9%; rating input score 31
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 40.6%; rating input score 86; 86th percentile among comparable filings
- Total-asset coverage ratio: 5.58; rating input score 85; 85th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 11% per year; rating input score 100; 72nd percentile among comparable filings
- Revenue growth: 7% per year; rating input score 100; 75th percentile among comparable filings
- Asset growth: 19.5% per year; rating input score 100; 84th percentile among comparable filings
Details
- Where the money goes: 18.3% of revenue deployed · 30.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $17K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2020 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 18/100.
- Moderate — Financial Efficiency: Program expense ratio scored 31/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.