2026-06-29T10:18:47-05:00 2025-06-30 540737372 PBMARES LLP 3621 JOHN PLATT DRIVE MOREHEAD CITY NC 28557 990 2024-07-01 562186718 MUSEUM OF THE MARINE CAROLINA MUSEUM OF THE MARINE MUSE 9109370033 907 LEJEUNE BLVD JACKSONVILLE NC 28540 SAMUEL PAT ALFORD TREASURER 9109370033 2026-06-26 1 1 TIMOTHY M WESTON CPA P01908397 2527260551 2026-06-26 2024 2025-03-06 01:10:19Z SAMUEL PAT ALFORD 907 LEJEUNE BLVD JACKSONVILLE NC 28540 4861664 0 X WWW.MUSEUMOFTHEMARINE.ORG X 1999 NC CAROLINA MUSEUM OF THE MARINE IS BUILDING A 25,000 SQUARE FOOT FACILITY HONORING THE LEGACY OF CAROLINA MARINES AND SAILORS AND TO INSPIRE FUTURE GENERATIONS. 21 21 5 0 0 0 1664383 3854991 0 0 1001702 930139 0 6757 2666085 4791887 0 0 0 0 273230 406072 0 0 131253 189832 250699 463062 656771 2203023 4135116 32896693 35391848 3600920 2138110 29295773 33253738 X CAROLINA MUSEUM OF THE MARINE IS BUILDING A 25,000 SQUARE FOOT FACILITY HONORING THE LEGACY OF CAROLINA MARINES AND SAILORS AND TO INSPIRE FUTURE GENERATIONS. 0 0 444973 IN MAY OF 2016, PHASE 1 OF THE MUSEUM, A REFLECTION AND CELEBRATION PARK, WAS COMPLETED AND OPENED TO THE PUBLIC. THE PARK FEATURES THE WORLD'S LARGEST EAGLE GLOBE AND ANCHOR SCULPTURE STANDING 13 FEET HIGH WITH AN 11 FOOT WINGSPAN AND WEIGHING 2,500 POUNDS SLATED WITHIN A REFLECTION POOL SURROUNDED BY BEAUTIFULLY LANDSCAPED GROUNDS, LIGHTED WALKWAYS CONTAINING MEMORIAL BRICKS, FIVE ILLUMINATED FLAGPOLES, A CONTOURED FOOT BRIDGE AND AMPLE PARKING. THE PARK IS SITUATED AMONG OTHER MEMORIALS IN THE LEJEUNE MEMORIAL GARDENS IN JACKSONVILLE, NORTH CAROLINA. THE PARK IS OPEN TO THE PUBLIC FREE OF CHARGE. SINCE ITS OPENING, THE PARK HAS BECOME THE VENUE FOR A NUMBER OF RETIREMENT AND PROMOTION CEREMONIES. IN JANUARY 2018, THE FACILITY WAS GIFTED TO THE NAVY AND IS CURRENTLY MAINTAINED BY THEM. THE MUSEUM HAS CONTINUED ITS COMMEMORATIVE BRICK PROGRAM AND STILL ASSISTS WITH THE MAINTENANCE OF THE PARK FACILITY. DEVELOPMENT IS UNDER WAY TO ESTABLISH EDUCATIONAL ACTIVITIES ALONG WITH THE MUSEUM. THE STUDENT BASE WOULD INCLUDE BOTH YOUNG AS WELL AS MATURE ADULTS EAGER TO LEARN THE VALUE OF STRONG LEADERSHIP, QUALITY VALUES AND EFFECTIVE DECISION MAKING CAPABILITIES. PILOT PROGRAMS ARE CURRENTLY BEING EXECUTED. THE MUSEUM CONTINUES TO MAINTAIN AN INVENTORY OF ARTIFACTS CURRENTLY HELD IN STORAGE IN CLIMATE CONTROLLED WAREHOUSE FACILITIES. DEVELOPMENT IS UNDER WAY TO ESTABLISH EDUCATIONAL ACTIVITIES ALONG WITH THE MUSEUM. THE STUDENT BASE WOULD INCLUDE BOTH YOUNG AS WELL AS MATURE ADULTS EAGER TO LEARN THE VALUE OF STRONG LEADERSHIP, QUALITY VALUES AND EFFECTIVE DECISION MAKING CAPABILITIES. PILOT PROGRAMS HAVE BEEN SUCCESSFULLY EXECUTED AND ADDITIONAL PROGRAMS HAVE BEEN PLANNED. THE COST OF THESE SERVICES IS INCLUDED IN THE AMOUNT SHOWN FOR THE FIRST ACCOMPLISHMENT AND INCLUDES ALL ACTIVITIES FOR THE FISCAL YEAR. 444973 1 1 0 0 0 0 0 1 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 5 1 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 1 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X ASHLEY DANIELSON 9109370033 907 LEJEUNE BLVD JACKSONVILLE NC 28540 LTGEN RET MARK FAULKNER BOARD MEMBER, CHAIR 20.00 X X 0 0 0 COL RET BOB LOVE BOARD MEMBER, VICE CHAIR 20.00 X X 0 0 0 CAPT RET PAT ALFORD BOARD MEMBER, TREASURER 20.00 X X 0 0 0 MARK CRAMER BOARD MEMBER, SECRETARY 20.00 X X 0 0 0 MAJGEN RET JIM KESSLER BOARD MEMBER 20.00 X 0 0 0 COL RET GRANT SPARKS BOARD MEMBER 20.00 X 0 0 0 COL RET JOE ATKINS BOARD MEMBER 20.00 X 0 0 0 MIKE BOGDAHN BOARD MEMBER 5.00 X 0 0 0 KEITH BYRD BOARD MEMBER 5.00 X 0 0 0 MGYSGT RET OSCEOLA ELLISS BOARD MEMBER 1.00 X 0 0 0 COL RET GEORGE AYERS BOARD MEMBER 5.00 X 0 0 0 COL RET BRUCE GOMBAR BOARD MEMBER 1.00 X 0 0 0 FRANK GUIDARA BOARD MEMBER 5.00 X 0 0 0 LTCOL RET LYNN KIMBALL BOARD MEMBER 10.00 X 0 0 0 CWO4 RET RICHARD MCINTOSH BOARD MEMBER 1.00 X 0 0 0 LTGEN RET GARY MCKISSOCK BOARD MEMBER 20.00 X 0 0 0 SANDRA PEREZ BOARD MEMBER 5.00 X 0 0 0 ROBERT SANDER BOARD MEMBER 5.00 X 0 0 0 BILLY SEWELL BOARD MEMBER 5.00 X 0 0 0 COL RET JOHN SOLLIS BOARD MEMBER 1.00 X 0 0 0 MAJGEN RET JOE SHRADER BOARD MEMBER-PRESIDENT/CEO 40.00 X X 45000 0 0 ASHLEY DANIELSON VP OF DEVELOPMENT 40.00 X 131329 0 0 SGTMAJ RET STEVEN LUNSFORD VP OF OPERATIONS 40.00 X 80108 0 0 LISA POTTS CURATOR 40.00 X 61761 0 0 BGEN RET KEVIN STEWART BOARD MEMBER- FORMER PRESIDENT/CEO 40.00 X 147600 0 0 465798 0 0 2 1 0 0 0 47470 2753651 1053870 3854991 986423 986423 56284 -56284 -56284 -56284 20250 13493 6757 6757 4791887 0 0 936896 356754 274701 28540 53513 49318 16768 13809 18741 28039 28039 5000 5000 8425 8425 35753 16089 19664 15642 11732 3128 782 49720 36793 10938 1989 1965 983 884 98 46788 23394 15908 7486 DONOR STEWARDSHIP 21006 21006 PROGRAM EXPENSE 20306 19291 1015 TAXES, LICENSES, PERMIT 6491 1623 4868 OTHER EXPENSES 5005 3252 502 1251 6559 506 4198 1855 656771 444973 80545 131253 158410 215840 26799678 9223835 316967 577293 0 268722 0 148594 0 0 56284 0 5565354 24957564 32896693 35391848 535924 1821034 2753651 0 311345 317076 3600920 2138110 X 5547796 24610636 23747977 8643102 29295773 33253738 32896693 35391848 X 4135116 -177151 X 0 1 X 1 0 X 271520 13811373 13623061 1664383 3854991 33225328 271520 13811373 13623061 1664383 3854991 33225328 33225328 112 646807 1001702 986423 2635044 35860372 0.92650 0.94730 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 0 CONSTRUCTION IN PROGRESS 24639581 RIGHT OF USE LEASE ASSET 313913 SECURITY DEPOSIT 4070 24957564 RIGHT OF USE ASSET - LEASE LIABILITY 317076 317076 4861664 69777 69777 4791887 0 4791887 903699 246928 246928 656771 0 656771 PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 13,493. TAX LOSS ON ASSET DISPOSAL 56,284. PART XII, LINE 2D - OTHER ADJUSTMENTS: BOOK TO TAX DEPRECIATION 74. BOOK LOSS ON ASSET DISPOSAL 32,433. FRAUD LOSS 200,928. DIRECT FUNDRAISING EXPENSES 13,493. GOLF TOURNAMENT 20250 20250 13493 20250 20250 13493 13493 6757 X X X 0 0 0 0 0 0 0 0 0 BGEN RET KEVIN STEWART BOARD MEMBER- FORMER PRESIDENT/CEO 147600 0 0 0 0 0 0 0 0 0 147600 0 0 0 FORM 990, PART VI, SECTION A, LINE 5 DURING FY25, THE ORGANIZATION EXPERIENCED A CYBERSECURITY FRAUD INCIDENT IN WHICH FORGED EMAILS LED TO TWO UNAUTHORIZED PAYMENTS TOTALING APPROXIMATELY $1,978,000 TO FRAUDULENT ACCOUNTS. UPON DISCOVERY, MANAGEMENT IMMEDIATELY NOTIFIED ITS BANK, STATE GRANT AUTHORITIES, AND LAW ENFORCEMENT (INCLUDING THE FBI AND SECRET SERVICE), AND ENGAGED LEGAL COUNSEL TO ASSIST IN RECOVERY EFFORTS. AS A RESULT, APPROXIMATELY $1,200,000 WAS FULLY RECOVERED AND $577,000 OF THE REMAINING $778,000 WAS RETURNED, LEAVING APPROXIMATELY $201,000 UNRECOVERED AND UNCERTAIN AT THIS TIME. IN RESPONSE, THE ORGANIZATION STRENGTHENED INTERNAL CONTROLS, MODIFIED PAYMENT PROCESSES (INCLUDING TRANSITIONING TOWARD ACH PAYMENTS), OPENED NEW BANK ACCOUNTS, AND INCREASED CYBERSECURITY INSURANCE COVERAGE. ADDITIONALLY, ENHANCED FRAUD PREVENTION MEASURES, INCLUDING IMPLEMENTATION OF A POSITIVE PAY SYSTEM REQUIRING MANUAL APPROVAL OF CHECKS, HAVE BEEN ADOPTED TO MITIGATE FUTURE RISKS. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF FORM 990 IS PROVIDED TO THE MEMBERS OF THE EXECUTIVE COMMITTEE FOR THEIR REVIEW PRIOR TO SIGNING. FORM 990, PART VI, SECTION B, LINE 12C NO SINGLE BOARD MEMBER MAY OBLIGATE THE RESOURCES OF THE MUSEUM WITHOUT THE APPROVAL OF THE ENTIRE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 A CEO SEARCH COMMITTEE ANALYZED COMPARABILITY DATA TO DETERMINE APPROPRIATE COMPENSATION FOR THE CEO. FOR OTHER EMPLOYEES, THE CEO PERFORMED COMPARABILITY ANALYSIS TO DETERMINE APPROPRIATE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF ALL CORPORATE POLICIES AND FINANCIAL STATEMENTS ARE ON FILE IN THE CORPORATE OFFICE WHERE THEY ARE AVAILABLE FOR REVIEW BY ANY INTERESTED PARTY. FORM 990, PART XI, LINE 9: FRAUD LOSS -200,928. BOOK TO TAX GAIN/LOSS 23,851. DEPRECIATION BOOK TO TAX -74.