2024-05-15T13:03:34-05:00 2023-06-30 721088864 LAPORTE APAC 111 VETERANS MEMORIAL BLVD 600 METAIRIE LA 700054958 990 2022-07-01 421743078 WORLD WAR II THEATRE INC WORL 5045281944 945 MAGAZINE STREET NEW ORLEANS LA 70130 CATHY GREEN ROSENSTEIN EXECUTIVE VICE PRESIDENT & CFO 5045281944 2024-05-15 1 CATHY GREEN ROSENSTEIN 999009999 0 JOHN S WILES CPA P01222673 5048355522 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z STEPHEN WATSON 945 MAGAZINE STREET NEW ORLEANS LA 70130 22443534 0 X N/A X 2007 LA CONSTRUCTING AND OPERATING A HOTEL AND CONFERENCE CENTER THAT SUPPORTS THE (CONT'D ON SCH. O) EDUCATIONAL, CHARITABLE , AND SOCIAL PURPOSE OF THE NATIONAL WORLD WAR II MUSEUM. 14 11 8 0 6331926 0 1708125 1112100 16009431 19987122 0 0 2700000 1344312 20417556 22443534 0 0 0 0 83125 323978 0 0 0 17829263 21465076 17912388 21789054 2505168 654480 73912581 67179785 56845202 50936535 17067379 16243250 CONSTRUCTING AND OPERATING A HOTEL AND CONFERENCE CENTER THAT SUPPORTS THE EDUCATIONAL, CHARITABLE, AND SOCIAL PURPOSE OF THE NATIONAL WORLD WAR II MUSEUM. 0 0 20327913 13655196 SINCE ITS OPENING IN OCTOBER 2019, THE HIGGINS HAS SUPPORTED THE MUSEUM'S NONPROFIT MISSION IN A NUMBER OF IMPORTANT WAYS AND REMAINS A CRITICAL COMPONENT OF ITS EDUCATIONAL OUTREACH. SPECIFICALLY, THE HIGGINS PROVIDES SPACE TO SUPPORT THE MUSEUM'S EXPANDING SLATE OF VISITOR ACTIVITIES AND EDUCATIONAL PROGRAMS; SERVES THE MUSEUM'S NATIONAL VISITORS - 87% WHO COME FROM OUT OF STATE - WITH ON CAMPUS LODGING TO FIT THEIR UNIQUE NEEDS AND SCHEDULES; ENSURES AVAILABLE ACCOMMODATIONS AT DISCOUNTED PRICES FOR MUSEUM DEPARTMENTS, PROGRAM PARTICIPANTS, AND CONNECTED INDIVIDUALS YEAR-ROUND; CREATES NEW OPPORTUNITIES TO EXPAND THE MUSEUM'S EXHIBITS AND SHARE ITS COLLECTION; AND RAISES ADDITIONAL FUNDS TO SUPPORT THE MUSEUM'S MISSION. 20327913 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 36 0 1 8 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 14 11 0 1 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X CATHY GREEN ROSENSTEIN 5045281944 945 MAGAZINE STREET NEW ORLEANS LA 70130 STEPHEN WATSON PRESIDENT 0.50 50.70 X X 0 686193 102148 REBECCA MACKIE VICE PRESIDENT 0.50 52.40 X X 0 447539 61915 GORDON H NICK MUELLER DIRECTOR 0.50 30.00 X 0 297000 35 BRANDON BERGER CHAIR 0.50 2.00 X X 0 0 0 JAMES MAURIN CO-VICE CHAIR 0.70 4.00 X X 0 0 0 RICH PATTAROZZI CO-VICE CHAIR 0.50 X X 0 0 0 NORMA GRACE TREASURER 0.50 X X 0 0 0 JOHN KOERNER CO-SECRETARY 0.70 2.70 X X 0 0 0 ROBERT MERRICK CO-SECRETARY 0.50 2.00 X X 0 0 0 DONALD BOYSIE BOLLINGER DIRECTOR 0.50 2.00 X 0 0 0 HAROLD BOUILLION DIRECTOR 0.50 X 0 0 0 JOHN GEORGES DIRECTOR 0.50 2.00 X 0 0 0 TODD MCDONALD DIRECTOR 0.50 X 0 0 0 DAVE SHERMAN DIRECTOR 0.50 X 0 0 0 DERMON S PROCTOR HIGHEST COMPENSATED EMPLOYEE 64.00 0.00 X 109388 0 11057 109388 1430732 175155 1 0 1 0 DAVIDSON HOTEL COMPANY 1 RAVINIA DRIVE SUITE 1600 ATLANTIC GA 30346 MANAGEMENT COMPANY 500010 LISKOW & LEWIS 701 POYDRAS STREET SUITE 5000 NEW ORLEANS LA 70139 LEGAL FEES 265378 CHM WARNICK LLC 548 CABOT STREET BEVERLY MA 01915 ASSET MANAGEMENT 138951 3 1112100 1112100 OPERATING REVENUE 721110 19987122 13655196 6331926 19987122 INVESTMENT TAX CREDIT 721110 1344312 1344312 1344312 22443534 13655196 6331926 1344312 323144 323144 834 834 500010 500010 375130 375130 42000 42000 138524 138524 3040 3040 2952428 2952428 2599084 2214869 384215 4738 4738 HOTEL EXPENSES 14314792 14314792 PARKING EXPENSES 515493 515493 RECRUITMENT 17100 17100 REPAIRS AND MAINTENANCE 1615 1615 1122 1122 21789054 20327913 1461141 0 11628289 5534504 1020000 958614 723501 142146 159181 377369 588755 67383747 8863203 60757901 58520544 48262 633300 73912581 67179785 1804842 2678274 52075935 45062326 2964425 3195935 56845202 50936535 X 17067379 16243250 17067379 16243250 73912581 67179785 X 654480 510541 -1989150 X X 0 1 X 1 0 X X 1 THE NATIONAL WORLD WAR II MUSEUM INC 721200790 7 1 1989150 0 1 1989150 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1710000 1710000 55263312 5052887 50210425 10410435 3810316 6600119 58520544 DUE TO THE NATIONAL WORLD WAR II MUSEUM 2068091 HILTON DEVELOPMENT INCENTIVE NOTE 1105000 FINANCING LEASE LIABILITIES 22844 3195935 X PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ENTITY IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. THE MUSEUM BELIEVES THAT IT HAS TAKEN APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND MANAGEMENT HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. TAX YEARS JUNE 30, 2020 AND LATER REMAIN SUBJECT TO EXAMINATION BY THE TAXING AUTHORITIES. PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES, IF ANY, WOULD BE INCLUDED IN INCOME TAX EXPENSE. 0 1 0 0 0 0 0 0 0 STEPHEN WATSON PRESIDENT 0 536505 0 120000 0 29688 0 83400 0 18748 0 788341 0 0 REBECCA MACKIE VICE PRESIDENT 0 381577 0 55000 0 10962 0 46025 0 15890 0 509454 0 0 GORDON H NICK MUELLER DIRECTOR 0 282500 0 14500 0 0 0 0 0 35 0 297035 0 0 PART I, LINE 4B THE MUSEUM SPONSORS A DEFERRED COMPENSATION PLAN UNDER INTERNAL REVENUE CODE SECTION 457(F) FOR THE BENEFIT OF ITS PRESIDENT & CEO, STEPHEN WATSON. DURING THE CALENDAR YEAR 2022, THE ORGANIZATION CONTRIBUTED $75,000 TO MR. WATSON'S PLAN. THE MUSEUM SPONSORS A DEFERRED COMPENSATION PLAN UNDER INTERNAL REVENUE CODE SECTION 457(F) FOR THE BENEFIT OF ITS EXECUTIVE VP & COO, REBECCA ALBRECHT MACKIE. DURING THE CALENDAR YEAR 2022, THE ORGANIZATION CONTRIBUTED $37,500 TO MRS. MACKIE'S PLAN FORM 990, PART VI, SECTION A, LINE 3 WORLD WAR II THEATRE, INC HAS CONTRACTED WITH A MANAGEMENT COMPANY TO RUN THE HIGGINS HOTEL AND CONFERENCE CENTER. THE MANAGEMENT COMPANY SERVES AS A STRATEGIC PARTNER WITH THE WORLD WAR II THEATRE BOARD OF DIRECTORS AND HELPS NAVIGATE THE COMPLEXITIES OF THE HOSPITALITY INDUSTRY WHILE MAXIMIZING PROFITABILITY AND GUEST SATISFACTION. FORM 990, PART VI, SECTION A, LINE 6 THE NATIONAL WORLD WAR II MUSEUM, INC IS THE SOLE SHAREHOLDER. FORM 990, PART VI, SECTION A, LINE 7A THE NATIONAL WORLD WAR II MUSEUM, INC IS THE SOLE SHAREHOLDER. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS ENGAGED AN INDEPENDENT CPA FIRM TO PREPARE THE FORM 990. THE FORM IS THEN REVIEWED BY MANAGEMENT BEFORE IT IS DISTRIBUTED TO THE BOARD OF TRUSTEES FOR THEIR REVIEW. ANY QUESTIONS OR FEEDBACK ARE REFERRED TO THE CHAIRMAN OF THE BOARD AND FINANCE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C WRITTEN CONFLICT OF INTEREST DISCLOSURE IS MONITORED THROUGH QUESTIONNAIRES COLLECTED AT THE ANNUAL BOARD OF DIRECTORS MEETING. CONFLICTS ARE DISCLOSED TO THE FULL BOARD. WHEN ANY CONFLICT OF INTEREST RELATED TO A MATTER REQUIRING ACTION OF THE BOARD OF DIRECTORS, THE INTERESTED PERSON SHALL CALL IT TO THE ATTENTION OF THE BOARD OF DIRECTORS OR ITS APPROPRIATE COMMITTEE, AND SUCH PERSON SHALL NOT VOTE ON THE MATTER. UNLESS OTHERWISE REQUESTED TO REMAIN PRESENT DURING A MEETING, THE PERSON HAVING THE CONFLICT SHALL RETIRE FROM THE ROOM IN WHICH THE BOARD OR COMMITTEE IS MEETING AND SHALL NOT PARTICIPATE IN THE FINAL DELIBERATION OR DECISION REGRDING THE MATTER UNDER CONSIDERATION. THE MINUTES OF THE MEETING OF THE BOARD OR COMMITTEE SHALL REFLECT THAT THE CONFLICT OF INTEREST WAS DISCLOSED AND THAT THE INTERESTED PERSON WAS NOT PRESENT DURING THE FINAL DISCUSSION OR VOTE AND DID NOT VOTE. A COPY OF THE CONFLICT OF INTEREST BYLAW SHALL BE FURNISHED TO EACH DIRECTOR AND SENIOR STAFF MEMBER WHO IS PRESENTLY SERVING THE INSTITUTION, OR WHO MAY HEREAFTER BECOME ASSOCIATED WHITH THE INSTITUTION. THIS POLICY SHALL BE REVIEWED ANNUALLY FOR THE INFORMATION AND GUIDANCE OF DIRECTORS AND STAFF MEMBERS. ANY NEW DIRECTOR OR STAFF MEMBER SHALL BE ADVISED OF THIS POLICY UPON UNDERTAKING THE DUTIES OF SUCH OFFICE. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DOES NOT HAVE EXECUTIVE LEVEL EMPLOYEES, NOR HAS IT PAID COMPENSATION TO THE CEO, EXECUTIVE DIRECTOR, TOP MANAGEMENT OFFICIAL, OFFICERS OR KEY EMPLOYEES, THEREFORE, THERE IS NO PROCESS FOR DETERMINING COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 ORGANIZATION DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: INTERCOMPANY ADJUSTMENTS AND CAPITAL CONTRIBUTION - WWII MUSEUM -1,989,150. FORM 990 LINE 2C PART XII NO CHANGES WERE MADE TO THE PROCESS FROM THE PRIOR YEAR. THE NATIONAL WORLD WAR II MUSEUM INC 945 MAGAZINE STREET NEW ORLEANS LA 70130 721200790 PUBLIC MUSEUM LA 501(C)(3) LINE 7 N/A 0 WORLD WAR II PAVILIONS INC 945 MAGAZINE STREET NEW ORLEANS LA 70130 272262560 SUPPORT EDUCATIONAL, CHARITABLE & SOCIAL PURPOSE OF NATIOANAL WW II LA 501(C)(3) LINE 12A, I THE NATIONAL WORLD WAR II MUSEUM 0 WORLD WAR II CAMPAIGNS INC 945 MAGAZINE STREET NEW ORLEANS LA 70130 274741563 SUPPORT EDUCATIONAL, CHARITABLE & SOCIAL PURPOSE OF NATIOANAL WW II LA 501(C)(3) LINE 12A, I THE NATIONAL WORLD WAR II MUSEUM 0 WAREHOUSE DISTRICT DEVELOPMENT INC 945 MAGAZINE STREET NEW ORLEANS LA 70130 274739715 SERVING THE LOW INCOME COMMUNITIES THAT INCLUDE THE NATIONAL WW II MUSEUM LA 501(C)(3) LINE 12A, I THE NATIONAL WORLD WAR II MUSEUM 0 CHALK #17 INC 945 MAGAZINE STREET NEW ORLEANS LA 70130 461272712 SUPPORT EDUCATIONAL, CHARITABLE & SOCIAL PURPOSE OF NATIOANAL WW II LA 501(C)(3) LINE 12A, I THE NATIONAL WORLD WAR II MUSEUM 0 0 1 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 THE NATIONAL WORLD WAR II MUSEUM E 2160931 OUTSTANDING BALANCE THE NATIONAL WORLD WAR II MUSEUM K 515493 TRANSACTION AMOUNT THE NATIONAL WORLD WAR II MUSEUM B 1989150 FMV THE NATIONAL WORLD WAR II MUSEUM E 45175476 LOAN GUARANTEE AMOUNT