Rhode Island · Nonprofit
NATIONAL SAILING HALL OF FAME & MUSEUM INC
NATIONAL SAILING HALL OF FAME & MUSEUM INC (Rhode Island) receives grants from 32 organizations whose IRS filings report $5,188,501 to it, the largest being JAMES M SCHOONMAKER II FOUNDATION ($2,660,000). 17 of them have funded it in more than one year.
- Revenue FY2024
- $1.3M
- Funders on record
- 32
- Grants received
- $5.2M
- Net assets
- $8.5M
What National Sailing Hall of Fame & Museum Inc does
Mission
The organization preserves the history of sailing and its impact on american culture; honors those who have made outstanding contributions to the sport; demonstrates its value for scholastic and life skills learning; and encourages sailing development and participation.
As stated on its FY2024 Form 990.
Programs
Museum: in march 2019, the sailing museum purchased real estate in newport, ri to create a museum and venue for on-site learning and to build a sustainable enterprise - longstanding visions for the organization. In may 2022, the sailing museum opened it's doors to the public. In this historic building, the heritage of sailing is celebrated, it's legends honored, and new generations of sailors and innovators cultivated. The museum is a welcoming and inclusive access point for all to learn about the sport of sailing through immersive and interactive exhibits.
$919,115 spent$240,208 earned by the program57% of program spendingEducational programs and induction: the multimedia experience at the sailing museum provides a platform for steam (science, technology, engineering, art and math) programming for children and adults alike. 2023 saw the launch of the ness partnership serving 6th grade science middle school students at the thompson middle school in newport. This program continues.in october of 2024 we hosted the 14th annual induction to the hall of fame. The museum recognizes the outstanding achievements of u.s. Sailors in three categories (sailing, technical, and contributor), and leverages these achievements to inspire new generations of sailors. The 2024 ceremony was hosted by chicago yacht club, inducting 12 new members into the hall of fame.
$698,926 spent$79,642 earned by the program43% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,618,041.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $6.1M to $13M (+108%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 1% · 2018 1% · 2020 0%. Grants only. Government contracts and fees sit inside program revenue.
71% of NATIONAL SAILING HALL OF FAME & MUSEUM INC’s revenue is contributions — more donation-reliant than the typical peer (63% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Ashley Householder
Executive director
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 2 funders to 17 funders, grant income rose $15k → $771k.
11 of 32 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 26% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of NATIONAL SAILING HALL OF FAME & MUSEUM INC’s funders (the co-funder graph). Top 30 of 32 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
NATIONAL SAILING HALL OF FAME & MUSEUM INC leans on a few funders — its largest provides 51% of grant income and the top three 70%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
26% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund NATIONAL SAILING HALL OF FAME & MUSEUM INC.
Largest funder’s share by year: 2017 66% · 2018 100% · 2019 100% · 2020 64% · 2021 37% · 2022 39% · 2023 71% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
62% of NATIONAL SAILING HALL OF FAME & MUSEUM INC's funders are still giving 3 years after their first grant; 53% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
NATIONAL SAILING HALL OF FAME & MUSEUM INC draws 99% of its grant income from funders outside Rhode Island, across 11 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.4M arriving through sponsors registered in 9 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
NATIONAL SAILING HALL OF FAME & MUSEUM INC has grown faster than half of the 5,127 arts & culture nonprofits its size.
this organization peer median middle 50% of peers· 5,127 arts & culture nonprofits $1M–$10M, FY2024
Organizations like NATIONAL SAILING HALL OF FAME & MUSEUM INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Rhode Island
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
78% of spending goes to programs.
Governance
Public support
76%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 22 states
Screen this organization
A dated, signed PDF of the compliance screen for NATIONAL SAILING HALL OF FAME & MUSEUM INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds NATIONAL SAILING HALL OF FAME & MUSEUM INC?
- NATIONAL SAILING HALL OF FAME & MUSEUM INC (Rhode Island) receives grants from 32 organizations whose IRS filings report $5,188,501 to it, the largest being JAMES M SCHOONMAKER II FOUNDATION ($2,660,000). 17 of them have funded it in more than one year.
- How many funders does NATIONAL SAILING HALL OF FAME & MUSEUM INC have?
- IRS filings report 32 organizations giving $5,188,501 in grants to NATIONAL SAILING HALL OF FAME & MUSEUM INC, 17 of which have funded it in more than one year.
- Who is the largest funder of NATIONAL SAILING HALL OF FAME & MUSEUM INC?
- JAMES M SCHOONMAKER II FOUNDATION is the largest funder on record, with $2,660,000 in grants. The full list of funders is on this page.
- How can an organization like NATIONAL SAILING HALL OF FAME & MUSEUM INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Rhode Island. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds National Sailing Hall of Fame & Museum →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 32 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing