The Edison Institute Inc in Dearborn, Michigan (MI)

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The Edison Institute Inc
Employer Identification Number (EIN)381359513
Name of OrganizationThe Edison Institute Inc
Address20900 Oakwood Blvd, Dearborn, MI 48124-5029
ActivitiesSchool, college, trade school, etc., Museum, zoo, planetarium, etc.
SubsectionEducational Organization
Ruling Date08/1945
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$50,000,000 to greater
Income$50,000,000 to greater
Filing Requirement990 (all other) or 990EZ return
Asset Amount$451,353,935
Amount of Income$101,310,203
Form 990 Revenue Amount$53,023,137
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: History Museums


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Amount of income in 2013: $101,310,203
This organization: 

 $101,310,203
Other organizations performing similar types of work: 

 $170,607

Assets in 2013: $451,353,935
This organization: 

 $451,353,935
Other organizations performing similar types of work: 

 $751,001

Expenses in 2013: $57,887,327
This organization: 

 $57,887,327
Other organizations performing similar types of work: 

 $136,601

Income to expenses ratio in 2013: 1.8
This organization: 

 1.8
Other organizations performing similar types of work: 

 1.2

Expenses allocated to program services in 2007: 88.7%
The Edison Institute Inc: 

 88.7%
Other organizations performing similar types of work: 

 70.0%

Number of employees in 2013: 1,779
This organization: 

 1,779
Other organizations performing similar types of work: 

 4

Employees paid over $100,000 in 2013: 1.7%
The Edison Institute Inc: 

 1.7%
Other organizations performing similar types of work: 

 0.0%

Grants share in income in 2013: 7.4%
This organization: 

 7.4%
Other organizations performing similar types of work: 

 57.9%

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

Support schedule

Checklist
20122013
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?YesYes
Is the organization required to complete Schedule B, Schedule of Contributors?YesYes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?YesYes
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?YesYes
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?YesYes
Did the organization report an amount for land, buildings, and equipment?YesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?YesYes
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?NoNo
Did the organization report an amount for other liabilities?YesYes
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?YesYes
Did the organization obtain separate, independent audited financial statements for the tax year?YesYes
Was the organization included in consolidated, independent audited financial statements for the tax year?NoNo
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?YesYes
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?YesYes
Did the organization report more than $15,000 total of fundraising event gross income and contributions?NoNo
Did the organization report more than $15,000 of gross income from gaming activities?NoNo
Did the organization operate one or more hospital facilities?NoNo
Did the organization attach a copy of its audited financial statements?NoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?NoYes
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?NoNo
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?YesYes
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNo
A family member of a current or former officer, director, trustee, or key employee?NoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?YesYes
Did the organization receive more than $25,000 in non-cash contributions?YesYes
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?YesYes
Did the organization liquidate, terminate, or dissolve and cease operations?NoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNo
Was the organization related to any tax-exempt or taxable entity?NoNo
Did the organization have a controlled entity within the meaning of section 512(b)(13)?NoNo
Did the organization make any transfers to an exempt non-charitable related organization?NoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNo
Statements Regarding Other IRS Filings and Tax Compliance
201120122013
The number reported in Box 3 of Form 1096115142
The number of Forms W-2G00
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?YesYes
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return1,7821,779
Did the organization file all required federal employment tax returns?YesYes
Did the organization have unrelated business gross income of $1,000 or more during the year?YesYesYes
Has it filed a Form 990-T for this year?YesYes
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?YesYes
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNo
Did the organization file Form 8886-T?NoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?NoNo
Did the organization notify the donor of the value of the goods or services provided?NoNo
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNo
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities $0$0$0
Gross income from members or shareholders$0$0$0
Gross income from other sources$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNo
The amount of tax-exempt interest received or accrued during the year$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0
The amount of reserves on hand$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNo
Has it filed a Form 720 to report these payments?NoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
20122013
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$1,572,044$1,656,733
Total reportable compensation from related organizations$0$0
Total estimated amount of other compensation from the organization and related organizations$197,245$262,851
Total number of individuals who received more than $100,000 of reportable compensation from the organization1914
Total number of independent contractors who received more than $100,000 of compensation from the organization1517
Statement of Revenue
201120122013
Total revenue$33,364,638$57,340,312$53,023,137
Contributions, Gifts, Grants and Other Similar Amounts$4,712,540$8,904,888$3,908,782
Program Service Revenue$17,898,856$26,192,678$21,586,543
900099$16,511,977$13,068,366
900099$6,218,921$5,223,714
900099$2,257,964$2,270,008
900099$703,816$524,455
900099$500,000$500,000
All other program service revenue$0$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$1,543,924$597,384$265,072
Income from investment of tax-exempt bond proceeds$0$0$0
Royalties$31,579$35,472$22,215
Net rental income$579,246$596,320$2,015,936
Gross rents (Real / Personal)$579,246 / $0$596,320 / $0$2,015,936 / $0
Less: rental expenses (Real / Personal)$0 / $0$0 / $0$0 / $0
Rental income or (loss) (Real / Personal)$579,246 / $0$596,320 / $0$2,015,936 / $0
Net gain/loss from sales of assets other than inventory$-3,513,370$7,981,113$15,489,524
Gross amount from sales of assets other than inventory (Securities / Other)$44,760,796 / $50,969$25,539,360 / $37,058$60,231,512 / $52,130
Less: cost or other basis and sales expenses (Securities / Other)$48,320,485 / $4,650$17,595,305 / $0$44,794,118 / $0
Gain or (loss) (Securities / Other)$-3,559,689 / $46,319$7,944,055 / $37,058$15,437,394 / $52,130
Net income/loss from fundraising events$0$0$0
Net income/loss from gaming activities$0$0$0
Net income/loss from sales of inventory$7,876,587$9,139,546$6,206,148
Gross sales of inventory, less returns and allowances$10,986,497$12,748,059$9,699,096
Less: cost of goods sold$3,109,910$3,608,513$3,492,948
Miscellaneous Revenue$4,235,276$3,892,911$3,528,917
900099$1,897,328$1,659,854
900099$1,676,588$1,526,242
900099$318,995$342,821
All other revenue$0$0
Statement of Functional Expenses
201120122013
Total functional expenses$59,607,136$59,697,638$57,887,327
Grants and other assistance to domestic organizations and domestic governments$0$222,499
Grants and other assistance to domestic individuals$0$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0
Benefits paid to or for members$0$0
Compensation of current officers, directors, trustees, and key employees$826,154$864,644$994,726
Compensation not included above, to disqualified persons$0$0
Other salaries and wages$21,425,908$22,464,268$21,806,348
Pension plan accruals and contributions$1,705,674$1,893,146
Other employee benefits$2,877,417$3,257,397
Payroll taxes$2,204,139$2,199,629$2,175,890
Fees for services (non-employees)
Management$0$0
Legal$64,647$87,762
Accounting$122,800$123,605
Lobbying$72,000$90,000
Professional fundraising services$98,585$111,224$91,918
Investment management fees$0$0
Other$6,688,642$5,387,253
Advertising and promotion$3,372,502$2,579,733
Office expenses$6,401,407$5,804,038
Information technology$0$0
Royalties$967,673$943,852
Occupancy$3,792,389$4,171,435
Travel$564,019$497,735
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0
Conferences, conventions, and meetings$0$0
Interest$48,848$27,127
Payments to affiliates$0$0
Depreciation, depletion, and amortization$6,568,129$6,463,439
Insurance$538,351$618,226
Other expenses$56,971$344,947
Other expenses$11,624$118,689
Other expenses$0$106,239
Other expenses$0$3,000
Other expenses$204,780$78,323
Balance Sheet
201120122013
Total assets$400,443,439$423,573,534$451,353,935
Cash - non-interest-bearing$-1,517,768$6,202,650
Savings and temporary cash investments$33,780,966$29,292,679
Pledges and grants receivable, net$3,910,000$2,804,000
Accounts receivable, net$2,042,199$2,054,048
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0
Notes and loans receivable, net$0$0
Inventories for sale or use$262,084$250,917
Prepaid expenses and deferred charges$1,740,698$1,772,286
Land, buildings, and equipment: cost or other basis$69,128,593$65,458,381
Investments - publicly traded securities$179,291,780$219,463,877
Investments - other securities$134,932,268$124,052,383
Investments - program-related$0$0
Intangible assets$0$0
Other assets$2,714$2,714
Total liabilities$61,244,733$65,322,196$58,008,654
Accounts payable and accrued expenses$5,686,905$5,442,042
Grants payable$0$0
Deferred revenue$197,561$219,611
Tax-exempt bond liabilities$29,400,000$29,400,000$29,400,000
Escrow or custodial account liability$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0
Secured mortgages and notes payable to unrelated third parties$0$0$0
Unsecured notes and loans payable to unrelated third parties$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$30,037,730$22,947,001
Total net assets or fund balances$339,198,706$358,251,338$393,345,281
Unrestricted net assets$70,256,338$79,169,281
Temporarily restricted net assets$237,225,000$263,333,000
Permanently restricted net assets$50,770,000$50,843,000
Capital stock or trust principal, or current funds$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013)
2009 - 2013 Total
Public support$177,669,039
Subtotal$185,852,301
Gifts, grants, contributions, and membership fees received$31,309,851
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$154,542,450
Gross receipts from activities that are not an unrelated trade or business under section 513$0
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Less$8,183,262
Amounts received from disqualified persons$8,183,262
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support$0
Total support$217,877,514
Public support$185,852,301
Subtotal$10,121,712
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$10,121,712
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
Net income from unrelated business activities, whether or not the business is regularly carried on$3,582,028
Other income$18,321,473
Revenue, Expenses, and Changes in Net Assets or Fund Balances
20002001200220032004200520062007
Total revenue$71,258,192$44,221,538$32,566,832$50,087,581$68,917,136$62,598,875$60,106,509$67,132,276
Contributions, gifts, grants, and similar amounts received$28,629,349$12,078,159$11,932,526$15,335,325$21,670,554$12,073,024$8,996,715$9,028,018
Contributions to donor advised funds$0$0
Direct public support$23,129,212$10,928,857$8,450,552$11,031,976$20,963,161$11,209,493$7,719,911$8,248,596
Indirect public support$125,000$0$0$0$0$0$0$0
Government contributions (grants)$5,375,137$1,149,302$3,481,974$4,303,349$707,393$863,531$1,276,804$779,422
Program service revenue including government fees and contracts$12,843,993$10,315,481$10,586,986$12,797,002$14,934,536$13,924,909$13,240,312$13,094,283
Membership dues and assessments$2,438,246$2,442,821$2,215,940$4,251,853$3,974,410$4,313,395$4,243,485$4,099,822
Interest on savings and temporary cash investments$2,090,576$1,799,512$1,358,602$2,400,029$2,469,313$2,641,483$2,347,351$2,928,756
Dividends and interest from securities$4,539,610$4,301,737$3,103,515$1,007,162$474,958$818,253$1,701,967$1,777,432
Net rental income or (loss)$275,636$229,074$230,391$246,146$522,182$571,591$512,303$570,218
Gross rents$275,636$229,074$230,391$246,146$522,182$571,591$512,303$570,218
Less: rental expenses$0$0$0$0$0$0$0$0
Other investment income$0$0$0$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$11,540,245$4,492,462$-5,683,573$3,918,990$10,321,594$14,308,933$15,371,819$23,170,478
Gross amount from sales of assets other than inventory$53,748,063$58,524,085$48,590,465$58,149,252$88,989,533$52,764,263$137,607,234$187,076,259
Less: cost or other basis and sales expenses$42,207,818$54,031,623$54,274,038$54,230,262$78,667,939$38,455,330$122,235,415$163,905,781
Net income or (loss) from special events and activities$0$0$0$0$0$0$0$0
Gross revenue$0$0$0$0$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0$0$0$0$0
Gross profit or (loss) from sales of inventory$7,222,260$6,655,986$6,535,782$7,654,303$8,653,977$8,121,180$8,464,092$7,132,179
Gross sales of inventory, less returns and allowances$11,601,396$10,775,698$10,399,246$12,209,177$13,781,252$12,851,543$13,440,072$10,049,252
Less: cost of goods sold$4,379,136$4,119,712$3,863,464$4,554,874$5,127,275$4,730,363$4,975,980$2,917,073
Other revenue$1,678,277$1,906,306$2,286,663$2,476,771$5,895,612$5,826,107$5,228,465$5,331,090
Total expenses$43,116,455$46,769,929$48,109,106$54,127,477$55,861,131$60,446,396$56,068,167$52,972,588
Program services$38,270,874$41,614,079$43,268,001$48,403,173$49,911,083$54,565,560$50,081,197$46,968,544
Management and general$4,047,269$4,109,743$3,925,946$4,843,403$4,915,982$4,763,314$4,761,000$4,555,032
Fundraising$798,312$1,046,107$915,159$880,901$1,034,066$1,117,522$1,225,970$1,449,012
Payments to affiliates$0$0$0$0$0$0$0$0
Net assets or fund balances at end of year$310,791,126$308,242,735$284,741,459$323,156,478$358,741,396$367,437,071$395,946,570$418,936,938
Excess or (deficit) for the year$28,141,737$-2,548,391$-15,542,274$-4,039,896$13,056,005$2,152,479$4,038,342$14,159,688
Net assets or fund balances at beginning of year$282,649,389$310,791,126$308,242,735$284,741,459$323,156,478$358,741,396$367,437,071$395,946,570
Other changes in net assets or fund balances$0$0$-7,959,002$42,454,915$22,528,913$6,543,196$24,471,157$8,830,680
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$52,972,588$46,968,544$4,555,032$1,449,012
Grants paid from donor advised funds$0
Other grants and allocations$0
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$649,565$0$649,565$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$19,235,926$17,297,026$1,240,534$698,366
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$6,344,393$5,245,818$785,009$313,566
Payroll taxes$0$0$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$109,850$0$109,850$0
Legal fees$67,905$14,535$53,370$0
Supplies$2,438,940$2,373,488$61,996$3,456
Telephone$112,711$12,492$100,219$0
Postage and shipping$290,876$260,267$17,862$12,747
Occupancy$2,308,278$2,308,278$0$0
Equipment rental and maintenance$451,696$306,209$144,038$1,449
Printing and publications$762,527$693,209$39,485$29,833
Travel$150,307$96,887$27,278$26,142
Conferences, conventions, and meetings$0$0$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$6,904,263$6,904,263$0$0
Other expenses not covered above$13,145,351$11,456,072$1,325,826$363,453
Balance Sheets
20002001200220032004200520062007
Total assets$322,759,467$322,126,803$337,269,691$370,200,782$406,515,625$420,963,852$454,166,345$470,075,301
Cash - non-interest-bearing$236,096$4,093,175$0$0$4,793,031$279,068$0$1,387,733
Savings and temporary cash investments$42,392,649$38,601,790$65,958,916$23,420,474$16,952,592$30,212,355$45,678,588$35,534,596
Accounts receivable less allowance for doubtful accounts$1,737,135$2,833,690$2,593,140$2,843,252$2,554,748$2,483,367$2,457,416$1,926,468
Pledges receivable less allowance for doubtful accounts$19,154,815$12,840,815$10,685,495$9,500,334$19,282,029$14,968,320$10,789,095$9,789,595
Grants receivable$0$0$0$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$0
Inventories for sale or use$1,035,766$938,498$896,294$1,044,522$1,060,413$1,324,032$1,146,977$340,000
Prepaid expenses and deferred charges$3,883,558$2,918,876$3,135,870$2,933,598$3,016,285$2,688,893$2,676,421$2,642,175
Investments - publicly-traded securities$293,823,569$327,470,113
Investments - other securities$209,179,103$202,784,092$182,914,715$219,995,512$251,209,128$264,912,029$0$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0$0$0$0$0
Investments - other$0$0$0$0$0$161,321$0$0
Land, buildings, and equipment less accumulated depreciation$45,020,653$56,944,064$70,322,120$110,264,174$107,397,131$103,548,487$97,011,680$90,794,131
Other assets, including program-related investments$119,692$171,803$763,141$198,916$250,268$385,980$582,599$190,490
Total liabilities$11,968,341$13,884,068$52,528,232$47,044,304$47,774,229$53,526,781$58,219,775$51,138,363
Accounts payable and accrued expenses$11,968,341$12,039,014$19,546,087$15,737,027$16,673,038$22,181,032$21,154,117$19,855,025
Grants payable$0$0$0$0$0$0$0$0
Deferred revenue$0$0$0$0$0$0$0$0
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Tax-exempt bond liabilities$0$0$29,400,000$29,400,000$29,400,000$29,400,000$29,400,000$29,400,000
Mortgages and other notes payable$0$0$0$0$0$0$0$0
Other liabilities$0$1,845,054$3,582,145$1,907,277$1,701,191$1,945,749$7,665,658$1,883,338
Total liabilities and net assets/fund balances$322,759,467$322,126,803$337,269,691$370,200,782$406,515,625$420,963,852$454,166,345$470,075,301
Total net assets or fund balances$310,791,126$308,242,735$284,741,459$323,156,478$358,741,396$367,437,071$395,946,570$418,936,938
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20002001200220032004200520062007
Total revenue$71,258,192$44,221,538$32,566,832$50,087,581$68,917,136$62,598,875$60,106,509$67,132,276
Total revenue, gains, and other support per audited financial statements$75,667,892$48,361,000$42,383,240$97,122,000$96,603,000$74,964,000$89,553,000$78,880,000
Other expenses$4,409,700$4,139,462$9,816,408$47,034,669$27,685,864$12,365,125$29,449,702$11,747,724
Net unrealized gains on investments$0$0$0$41,978,840$22,529,453$7,633,348$23,462,722$8,186,148
Donated services and use of facilities$0$0$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0$0$0
Other$4,409,700$4,139,462$9,816,408$5,055,829$5,156,411$4,731,777$5,986,980$3,561,576
Other revenue$0$0$0$250$0$0$3,211$0
Investment expenses$0$0$0$0$0$0$0$0
Other$0$0$0$250$0$0$3,211$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20002001200220032004200520062007
Total expenses$43,116,455$46,769,929$48,109,106$54,127,477$55,861,131$60,446,396$56,068,167$52,972,588
Total expenses and losses per audited financial statements$47,526,155$50,910,000$65,884,516$58,707,000$61,018,000$66,266,000$61,045,000$55,890,000
Other revenue$4,409,700$4,140,071$17,775,410$4,579,978$5,156,869$5,820,515$4,976,833$2,917,412
Donated services and use of facilities$0$0$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0$0$0
Losses$0$0$7,959,002$0$0$1,090,152$0$0
Other$4,409,700$4,140,071$9,816,408$4,579,978$5,156,869$4,730,363$4,976,833$2,917,412
Other expenses$0$0$0$455$0$911$0$0
Investment expenses$0$0$0$0$0$0$0$0
Other$0$0$0$455$0$911$0$0
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
40$189,988$15,230$0
40$272,769$16,098$0
40$140,000$15,480$0
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings21
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?Yes
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?Yes
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20061,381
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$154,244$35,450,514$22,499,500
Program service revenue
Program service revenue 1000000$000$0$11,500,574
Program service revenue 2000000$000$0$1,593,709
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$4,099,822
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$2,928,756$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$1,777,432$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed propertyRental and leasing services$148,150Real property rental income that does not depend on the income or profits derived by the person leasing the property and is excluded by section 512(b)(3)$422,068$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$23,170,478$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventoryGift, novelty, and souvenir stores$6,09499$7,126,085$0
Other revenue000000$0Royalty income excluded by section 512(b)(2)$25,695$5,305,395
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$160,000$13,684$0
$150,000$11,703$0
$129,231$20,349$0
$126,846$11,964$0
$125,823$11,836$0
Total number of other employees paid over $50,00049
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$90,000
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that normally receives: less than 1/3 of its support from gross investment income and unrelated taxable business income and more than 1/3 of its support from contribution, membership fees
Support Schedule
19992000200120022003200420052006
Total$73,942,120$54,839,485$50,162,788$42,084,438$51,908,626$53,941,122$52,603,651$53,889,895
Gifts, grants, and contributions received$47,731,829$19,371,751$18,392,159$14,087,846$16,520,486$11,888,859$16,386,733$13,175,940
Membership fees received$0$0$0$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$19,374,576$26,883,635$23,534,000$23,202,162$29,258,032$32,690,198$26,359,484$30,923,869
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$5,174,907$7,014,532$6,390,509$4,794,430$3,825,741$3,572,183$4,119,441$4,614,094
Net income from unrelated business activities not included above$0$0$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0$0
Other income$1,660,808$1,569,567$1,846,120$0$2,304,367$5,789,882$5,737,993$5,175,992
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$47,058,544
Total lobbying expenditures$90,000
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$90,000
Other exempt purpose expenditures$46,968,544
Lobbying nontaxable amount$1,000,000
Grassroots nontaxable amount$250,000
Unrelated Trade or Business Income (for 2008)
IncomeExpensesNet
Total$603,461$0$603,461
Gross receipts or sales less returns and allowances$25,001$0$0
Cost of goods sold$21,543$0$0
Gross profit$3,458$0$3,458
Capital gain net income$0$0$0
Net gain$0$0$0
Capital loss deduction for trusts$0$0$0
Income (loss) from partnerships and S corporations$-35,199$0$-35,199
Rent income$0$0$0
Unrelated debt-financed income$0$0$0
Interest, annuities, royalties, and rents from controlled organizations$0$0$0
Investment income of a section 501(c)(7), (9), or (17) organization$0$0$0
Exploited exempt activity income$0$0$0
Advertising income$0$0$0
Other income$635,202$0$635,202
Deductions Not Taken Elsewhere (for 2008)
Total deductions$635,202
Compensation of officers, directors, and trustees$0
Salaries and wages$15,309
Repairs and maintenance$113,724
Bad debts$0
Interest$0
Taxes and licenses$0
Charitable contributions$0
Depreciation$0
Depletion$0
Contributions to deferred compensation plans$0
Employee benefit programs$0
Excess exempt expenses$0
Excess readership costs$0
Other deductions$506,169
Unrelated business taxable income$-31,741
Unrelated business taxable income before net operating loss deduction$-31,741
Net operating loss deduction$0
Unrelated business taxable income before specific deduction$-31,741
Specific deduction$1,000
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6National World War Ii Museum Inc945 Magazine St, New Orleans, LA 70130-3813LA1992-10$53,619,445
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8Missouri Historical Society Jefferson Memorial Building5700 Lindell Blvd, Saint Louis, MO 63112-1004MO1943-09$40,186,067
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Number of organizations performing similar types of work
Alaska6
Alabama16
Arkansas13
Arizona10
California72
Colorado15
Connecticut7
District of Columbia3
Delaware4
Florida20
Georgia12
Hawaii5
Iowa10
Idaho5
Illinois26
Indiana20
Kansas12
Kentucky15
Louisiana10
Massachusetts26
Maryland17
Maine6
Michigan17
Minnesota16
Missouri13
Mississippi3
Montana11
North Carolina21
North Dakota4
Nebraska10
New Hampshire9
New Jersey15
New Mexico3
Nevada3
New York55
Ohio32
Oklahoma11
Oregon11
Pennsylvania39
Rhode Island6
South Carolina9
South Dakota6
Tennessee13
Texas58
Utah4
Virginia36
Vermont5
Washington11
Wisconsin12
West Virginia3
Wyoming6
Total772

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