Arts, Culture & Humanities (A54) IRS Verified DX Registered 990 on File

NATIONAL COAST GUARD MUSEUM ASSOCIATION INC

EIN: 06-1621858 · NEW LONDON, CT 06320-6429 · United States · FY 2024 Data

3 out of 5 43 / 100 Based on 2+ years of filings

Financial strength (30%) 59/100

Reliability (20%) 55/100

Effectiveness (25%) 56/100

Impact (25%) No data yet

Financial data: FY 2024 · Scored 9/13/2026

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Mission Statement

The National Coast Guard Museum Association, Inc. (NCGMA), a 501(c)(3) non-profit organization, is dedicated to building the first national museum to honor the U.S. Coast Guard. For 225 years, the U.S. Coast Guard has played a vital role in safeguarding our ocean shipping lanes, helping to drive our economy, protecting our fisheries, and conserving and restoring the environment. The vast scope of the U.S. Coast Guard’s mission is astonishing, especially considering the size of the service branch. The mission of the Museum is to: • Preserve the rich and varied history of the U.S. Coast Guard; • Celebrate the vital and ever growing partnership between the U.S. Coast Guard and private industry; • Educate current and future generations about the value of this military branch; and • Honor the U.S. Coast Guard’s role in saving and protecting lives and commerce across America’s waterways.

Financial Overview — FY 2024

$19.5M

Total Revenue

$3.4M

Total Expenses

$46.1M

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 38.6%

Fundraising Efficiency N/A

Operating Reserve 160.88x

Liability-to-Asset 11.0%

Revenue Diversification 99.4%

Executive Compensation $537K

Compared with Peers

FY 2024

Compared with 3,458 similar organizations (United States, Arts, Culture & Humanities, $1M–$10M in expenses), FY 2024.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	38.6%	77.9%	P10P90	Bottom quarter
Admin expense ratio Management and general / total expenses · lower is better	9.1%	14.4%	P10P90	Top quarter
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	52.3%	5.4%	P10P90	Bottom quarter
Operating reserve Months of expenses covered by net assets · higher is better	160.9 mo	16.6 mo	P10P90	Top quarter
Liabilities to assets Total liabilities / total assets · lower is better	11.0%	10.6%	P10P90	Below median
Revenue concentration Share of revenue from the largest source · lower is better	99.4%	74.5%	P10P90	Bottom quarter
Revenue growth Year over year revenue growth	274.3%	7.9%	P10P90
Expense growth Year over year expense growth	16.9%	8.0%	P10P90
Surplus margin Surplus as a share of revenue	82.4%	-0.5%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2024	$19.5M	$3.4M	$46.1M	38.6%	15
2023	$5.2M	$2.9M	$30.2M	36.9%	17
2022	$9.8M	$2.7M	$27.9M	34.8%	17
2021	$5.8M	$2.5M	N/A	—	15

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Organization Details

EIN: 06-1621858
State: CT
City: NEW LONDON
ZIP: 06320-6429
Classification: A54
Category: Arts, Culture & Humanities
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 2006
Foundation Code: 15
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

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