INDEPENDENCE SEAPORT MUSEUM: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- INDEPENDENCE SEAPORT MUSEUM (EIN 23-1584971)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2022-05-16
- IRS object ID
- 202221369349313912
- Schema version
- 2020v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-05-16T16:13:01-05:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 111986323 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Marcum LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1601 Market Street 4th Floor | AddressLine1Txt |
| City | Philadelphia | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 231584971 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Independence Seaport Museum | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | INDE | BusinessNameControlTxt |
| Phone | 2154138655 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 211 S Columbus Blvd | AddressLine1Txt |
| City | Philadelphia | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19106 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WILLIAM LANE | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Phone | 2154138655 | PhoneNum |
| Signature | 2022-05-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | WILLIAM | PersonFirstNm |
| Person Last | LANE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Thomas Mcglone | PreparerPersonNm |
| PTIN | P00029799 | PTIN |
| Phone | 2152972100 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | John Brady | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 211 S Columbus Blvd | AddressLine1Txt |
| City | Philadelphia | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19106 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $2,458,258 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.Phillyseaport.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1960 | FormationYr |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Activity Or Mission | The Core Purpose or Mission of the Independence Seaport Museum is to discover Philadelphia's river of history and world of connections. Serving a wide and diverse audience and holding its collections in trust for the community, the Museum tells the stories of the people, historical events and environmental changes of the Delaware River and its tributaries. It looks to a broad regional definition of the River to include both Philadelphia and Camden as well as portions of the southern coast of New Jersey and the Schuylkill river drainage. | ActivityOrMissionDesc |
| Voting Members Governing Body | 17 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 17 | VotingMembersIndependentCnt |
| Total Employee | 57 | TotalEmployeeCnt |
| Total Volunteers | 80 | TotalVolunteersCnt |
| Total Gross UBI | $3,541 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $2,541 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $807,124 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,305,107 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $536,954 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $235,503 | CYProgramServiceRevenueAmt |
| PY Investment Income | $625,703 | PYInvestmentIncomeAmt |
| CY Investment Income | $660,522 | CYInvestmentIncomeAmt |
| PY Other Revenue | $93,481 | PYOtherRevenueAmt |
| CY Other Revenue | $187,029 | CYOtherRevenueAmt |
| PY Total Revenue | $2,063,262 | PYTotalRevenueAmt |
| CY Total Revenue | $2,388,161 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $52,249 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,357,525 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,122,476 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $337,867 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,498,485 | PYOtherExpensesAmt |
| CY Other Expenses | $2,192,112 | CYOtherExpensesAmt |
| PY Total Expenses | $4,908,259 | PYTotalExpensesAmt |
| CY Total Expenses | $4,314,588 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$2,844,997 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,926,427 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $24,772,705 | TotalAssetsBOYAmt |
| Total Assets EOY | $28,154,026 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,417,889 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,642,530 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $23,354,816 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $26,511,496 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | The Core Purpose or Mission of the Independence Seaport Museum is to discover Philadelphia's river of history and world of connections. Serving a wide and diverse audience and holding its collections in trust for the community, the Museum tells the stories of the people, historical events and environmental changes of the Delaware River and its tributaries. It looks to a broad regional definition of the River to include both Philadelphia and Camden as well as portions of the southern coast of New Jersey and the Schuylkill river drainage. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $3,533,893 | ExpenseAmt |
| Revenue | $236,496 | RevenueAmt |
| Desc | Independence Seaport Museum hosted a variety of activities during 2020. The museum's exhibitions and programs were able to resume after locally enforced Covid closings. This included existing core programs such as the award winning exhibition River Alivea highly interactive exhibition that focuses on the environmental aspects of the Delaware River and Tides of Freedoman historical exhibition about the role of the African-American experience along the Philadelphia waterfront. The museum also continued to offer its highly interactive summer Paddle Penn's Landing Program to engage families in one-on-one experiences with the Delaware River from various types of watercraft. In 2020, the ISM expanded its tour offerings on the Cruiser Olympia and Submarine Becuna. These personalized tours attracted widespread interest and the museum is continuing to offer them on an expanded schedule. Due to Covid 19, the museum shifted it's programming to on-line activities and offered a series of lectures and discussions for the public throughout the year. This has opened the door to new opportunities for the ISM going forward into the future. | Desc |
| Total Program Service Expenses | $3,533,893 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 27 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 57 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 17 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 17 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Jaewook Shim | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2154138655 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 211 S Columbus Blvd Walnut St | AddressLine1Txt |
| City | Philadelphia | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19106 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|---|
| John Brady | |||||||
| President & CEO until 02/2021 | 40.00 | 5.00 | Yes (X) | Yes (X) | $123,450 | $0 | $13,393 |
| Peter H Havens | |||||||
| Board Chairman | 0.50 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| William L Lane III | |||||||
| Director | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Peter Ernst | |||||||
| Vice Chair | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| James T Giles | |||||||
| Secretary | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Thomas G Ashton | |||||||
| Treasurer | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| Joseph Benton | |||||||
| Director | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| John C Devereux | |||||||
| Director | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| Courtney Disston | |||||||
| Director | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| Jonathan Epstein | |||||||
| Director | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| Deborah Gibbons-Neff | |||||||
| Director | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| Max Kaiserman | |||||||
| Director | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| Tim McGrath | |||||||
| Director | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| Arthur Sulzer | |||||||
| Director | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| Pamela Switlik | |||||||
| Director | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| Scott Huston | |||||||
| Director | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| William F Moen | |||||||
| Director | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| Joseph B Lockley | |||||||
| Director | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| Michael Flynn | |||||||
| Executive VP and COO | 0.50 | Yes (X) | $113,220 | $0 | $9,042 | ||
| Jennifer Blasy | |||||||
| Controller-until 03/2021 | 40.00 | Yes (X) | $112,200 | $0 | $5,486 | ||
| Peter Seibert | |||||||
| CEO & President - from 02/2021 | 40.00 | Yes (X) | $0 | $0 | $0 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $348,870 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $27,921 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $17,131 | MembershipDuesAmt |
| Government Grants | $760,888 | GovernmentGrantsAmt |
| All Other Contributions | $527,088 | AllOtherContributionsAmt |
| Total Contributions | $1,305,107 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Museum Admissions | 713990 | $103,918 | $103,918 |
| Boat workshop & rental | 900099 | $90,010 | $90,010 |
| Education | 900099 | $41,575 | $41,575 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $235,503 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $660,522 | TotalRevenueColumnAmt |
| Exclusion | $660,522 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $61,891 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $61,891 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $61,891 | TotalRevenueColumnAmt |
| Exclusion | $61,891 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $116,273 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $63,328 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $52,945 | TotalRevenueColumnAmt |
| Exclusion | $52,945 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $11,303 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $6,769 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,534 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $993 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $3,541 | UnrelatedBusinessRevenueAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Miscellaneous income | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $67,659 | TotalRevenueColumnAmt |
| Exclusion | $67,659 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $67,659 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,388,161 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $236,496 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $3,541 | UnrelatedBusinessRevenueAmt |
| Exclusion | $843,017 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $162,849 | TotalAmt |
| Program Services | $162,849 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,481,645 | TotalAmt |
| Program Services | $1,083,334 | ProgramServicesAmt |
| Management And General | $202,546 | ManagementAndGeneralAmt |
| Fundraising | $195,765 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $333,860 | TotalAmt |
| Program Services | $252,996 | ProgramServicesAmt |
| Management And General | $41,120 | ManagementAndGeneralAmt |
| Fundraising | $39,744 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $144,122 | TotalAmt |
| Program Services | $109,214 | ProgramServicesAmt |
| Management And General | $17,751 | ManagementAndGeneralAmt |
| Fundraising | $17,157 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,083 | TotalAmt |
| Program Services | $18,436 | ProgramServicesAmt |
| Management And General | $7,141 | ManagementAndGeneralAmt |
| Fundraising | $2,506 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,501 | TotalAmt |
| Program Services | $25,932 | ProgramServicesAmt |
| Management And General | $10,044 | ManagementAndGeneralAmt |
| Fundraising | $3,525 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $108,156 | TotalAmt |
| Program Services | $71,003 | ProgramServicesAmt |
| Management And General | $27,502 | ManagementAndGeneralAmt |
| Fundraising | $9,651 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,236 | TotalAmt |
| Program Services | $34,292 | ProgramServicesAmt |
| Management And General | $13,283 | ManagementAndGeneralAmt |
| Fundraising | $4,661 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,511 | TotalAmt |
| Program Services | $19,655 | ProgramServicesAmt |
| Management And General | $6,962 | ManagementAndGeneralAmt |
| Fundraising | $5,894 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $104,059 | TotalAmt |
| Program Services | $75,265 | ProgramServicesAmt |
| Management And General | $14,311 | ManagementAndGeneralAmt |
| Fundraising | $14,483 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $410,671 | TotalAmt |
| Program Services | $369,613 | ProgramServicesAmt |
| Management And General | $28,741 | ManagementAndGeneralAmt |
| Fundraising | $12,317 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,882 | TotalAmt |
| Management And General | $13,882 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,190,148 | TotalAmt |
| Program Services | $1,116,692 | ProgramServicesAmt |
| Management And General | $51,449 | ManagementAndGeneralAmt |
| Fundraising | $22,007 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $116,927 | TotalAmt |
| Program Services | $106,209 | ProgramServicesAmt |
| Management And General | $6,107 | ManagementAndGeneralAmt |
| Fundraising | $4,611 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Exhibit Maintenance | $57,642 | $57,642 | $0 | $0 |
| Program Supplies & Mate | $21,566 | $21,566 | $0 | $0 |
| Staff Development | $10,918 | $8,552 | $1,199 | $1,167 |
| Museum Events | $5,812 | $643 | $790 | $4,379 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,314,588 | TotalAmt |
| Program Services | $3,533,893 | ProgramServicesAmt |
| Management And General | $442,828 | ManagementAndGeneralAmt |
| Fundraising | $337,867 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $313,502 | BOYAmt |
| EOY | $210,266 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $176,108 | BOYAmt |
| EOY | $304,403 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,240 | BOYAmt |
| EOY | $178,774 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,810 | BOYAmt |
| EOY | $16,819 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,295 | BOYAmt |
| EOY | $9,930 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,444 | BOYAmt |
| EOY | $21,034 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $25,543,888 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $21,365,763 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,241,940 | BOYAmt |
| EOY | $4,178,125 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,867,981 | BOYAmt |
| EOY | $23,103,211 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $93,385 | BOYAmt |
| EOY | $131,464 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,772,705 | BOYAmt |
| EOY | $28,154,026 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $121,775 | BOYAmt |
| EOY | $269,801 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $66,287 | BOYAmt |
| EOY | $256,106 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $462,107 | BOYAmt |
| EOY | $405,128 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $498,220 | BOYAmt |
| EOY | $519,200 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $269,500 | BOYAmt |
| EOY | $192,295 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,417,889 | BOYAmt |
| EOY | $1,642,530 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,131,516 | BOYAmt |
| EOY | $26,332,337 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $223,300 | BOYAmt |
| EOY | $179,159 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,354,816 | BOYAmt |
| EOY | $26,511,496 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,772,705 | BOYAmt |
| EOY | $28,154,026 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$1,926,427 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $5,083,107 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $331,522 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,464,583 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,121,270 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $807,124 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,305,107 | CurrentTaxYearAmt |
| Total | $9,029,606 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $527,093 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $235,503 | CurrentTaxYearAmt |
| Total | $762,596 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $331,522 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,464,583 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,121,270 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,334,217 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,540,610 | CurrentTaxYearAmt |
| Total | $9,792,202 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $161,263 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $142,119 | CurrentTaxYearAmt |
| Total | $303,382 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $161,263 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $142,119 | CurrentTaxYearAmt |
| Total | $303,382 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $9,488,820 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $204,973 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $784,844 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $876,300 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $718,304 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $722,413 | CurrentTaxYearAmt |
| Total | $3,306,834 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $204,973 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $784,844 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $876,300 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $718,304 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $722,413 | CurrentTaxYearAmt |
| Total | $3,306,834 | TotalAmt |
Net Income From Other UBI NetIncomeFromOtherUBIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,540 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,519 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | -$420 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,390 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,541 | CurrentTaxYearAmt |
| Total | $21,570 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $7,351 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $67,659 | CurrentTaxYearAmt |
| Total | $75,010 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $545,035 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,255,946 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,997,150 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,063,262 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,334,223 | CurrentTaxYearAmt |
| Total | $13,195,616 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.71910 | PublicSupportCY509Pct |
| Public Support PY509 | 0.75460 | PublicSupportPY509Pct |
| Investment Income CY | 0.25060 | InvestmentIncomeCYPct |
| Investment Income PY | 0.22870 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part III, Short Year Explanation: | FormAndLineReferenceDesc |
| Explanation | The amounts reported for 2016 are based on a short year return for the period 01/01/2017-06/30/2017. The Independence Seaport Museum changed from a calendar year to a fiscal year on 01/01/2017. Therefore, a full calendar year return was filed for 12/31/2016 and a short year return for 06/30/2017. The short year amounts skew the public support percentages down and under the 33 1/3%. However, in two years, when the 2016 column is no longer included in the 5 year calculation, the calculated public support percentage should increase above the required 33 1/3% to meet the public support test. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $18,903,674 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $5,635,231 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,435,600 | OtherExpendituresAmt |
| End Year Balance | $23,103,305 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $20,439,460 | BeginningYearBalanceAmt |
| Contributions | $128,464 | ContributionsAmt |
| Investment Earnings Or Losses | $176,186 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,840,436 | OtherExpendituresAmt |
| End Year Balance | $18,903,674 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $23,844,633 | BeginningYearBalanceAmt |
| Contributions | $876,300 | ContributionsAmt |
| Investment Earnings Or Losses | $314,786 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $4,596,259 | OtherExpendituresAmt |
| End Year Balance | $20,439,460 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $23,516,495 | BeginningYearBalanceAmt |
| Contributions | $784,860 | ContributionsAmt |
| Investment Earnings Or Losses | $1,051,826 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,508,548 | OtherExpendituresAmt |
| End Year Balance | $23,844,633 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $22,802,849 | BeginningYearBalanceAmt |
| Contributions | $245,583 | ContributionsAmt |
| Investment Earnings Or Losses | $1,541,317 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,073,254 | OtherExpendituresAmt |
| End Year Balance | $23,516,495 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 1.00000 | BoardDesignatedBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $16,878,384 | OtherCostOrOtherBasisAmt |
| Depreciation | $16,018,211 | DepreciationAmt |
| Book Value | $860,173 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,647,374 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,529,949 | DepreciationAmt |
| Book Value | $117,425 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,018,130 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,817,603 | DepreciationAmt |
| Book Value | $3,200,527 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $4,178,125 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Deferred Rent Obligation | Desc |
| Amt | $192,295 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $192,295 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part X, Line 2: | Management has analyzed the tax positions taken and has concluded that as of June 30, 2021, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The Museum's tax returns are subject to examination by federal and state taxing authorities. However, there are no examinations currently in progress or pending. |
| Part III, Line 1A | The Museum's collections consist of historical artifacts, antiques, and other irreplaceable items that are maintained for public exhibition, education, and research in furtherance of public service rather than for financial gain. Collections are the most valuable assets of the Museum and are protected, kept unencumbered, cared for and preserved. The collections, which were acquired primarily though donation, are not recognized or capitalized as assets in the statement of financial position. Collection items purchased during the year are recorded as decreases in net assets without donor restriction in the year in which the items are acquired, or as decreases in net assets with donor restriction if the assets used to purchase the items are restricted by donors. The Museum records proceeds from deaccessions and insurance recoveries as increases in the consolidated statement of activities and changes in net assets. |
| Part V, Line 4 | The general fund has been established to support and promote the growth, progress and general welfare of the Museum. The Boatshop fund has been established to support the Boatshop also known as the Workshop on the Water. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Maritime Day | Event1Nm |
| Gross Receipts Event1 | $33,028 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $33,028 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $22,394 | OtherDirectExpensesEvent1Amt |
| Event2 | Holiday Toast/Parade of Light | Event2Nm |
| Gross Receipts Event2 | $66,981 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $66,981 | GrossRevenueEvent2Amt |
| Other Direct Expenses Event2 | $17,809 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 1 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $13,764 | GrossReceiptsOtherEventsAmt |
| Gross Revenue Other Events | $13,764 | GrossRevenueOtherEventsAmt |
| Oth Direct Expnss Other Events | $807 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $113,773 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $113,773 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $41,010 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $41,010 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $72,763 | NetIncomeSummaryAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part I, Line 1, Description of Organization Mission, continued: | The Museum will take a leadership role in the future of the Delaware River Watershed including awareness of and advocacy for our valuable natural resources and the economic development of the region. As a good community steward, the Museum will provide an education and career awareness "Ladder of Opportunity" to students in our region and through them generational awareness of our water resources to all of our citizens. Our goal is to create understanding of the historical, economic, and environmental importance of the Delaware River Watershed. The Museum is home to one of the largest maritime art and artifact collections in North America, documenting the local and regional history of the Ports of Philadelphia, and two National Historic Landmark ships, Cruiser Olympia, Admiral Dewey's flagship at the Battle of Manila Bay, and World War II Submarine Becuna. The Museum is the premier, year- round, family-friendly destination that has become a key component of Philadelphia's waterfront renaissance on Penn's Landing. |
| Form 990, Part III, Line 1, Description of Organization Mission, continued: | The Museum will take a leadership role in the future of the Delaware River Watershed including awareness of and advocacy for our valuable natural resources and the economic development of the region. As a good community steward, the Museum will provide an education and career awareness "Ladder of Opportunity" to students in our region and through them generational awareness of our water resources to all of our citizens. Our goal is to create understanding of the historical, economic, and environmental importance of the Delaware River Watershed. The Museum is home to one of the largest maritime art and artifact collections in North America, documenting the local and regional history of the Ports of Philadelphia, and two National Historic Landmark ships, Cruiser Olympia, Admiral Dewey's flagship at the Battle of Manila Bay, and World War II Submarine Becuna. The Museum is the premier, year- round, family-friendly destination that has become a key component of Philadelphia's waterfront renaissance on Penn's Landing. |
| Form 990, Part VI, Section B, line 11b | The organization distributes an electronic copy of a draft of Form 990 for review by its audit and finance committee. A meeting is then held, if necessary, to discuss any issues or questions with the draft return. Once all issues have been resolved, the audit and finance committee approves the final Form 990 for filing. The organization distributes an electronic copy of a draft of Form 990 to the full board for review and approval for filing. |
| Form 990, Part VI, Section B, line 12c | All board members of the organization are required to sign a conflict of interest statement disclosing any potential conflicts annually. Any conflicts would be brought to the attention of the board of port wardens and a decision made as to whether the conflict interferes with his/her duties. If allowed to remain they would be ineligible to be involved in the decision making or voting process that involves the conflict. During 2020, all individuals completed the required forms on a timely basis. |
| Form 990, Part VI, Section B, line 15 | The board of port wardens approves the salaries of the President and key employees through the budget process. The organization uses comparative data from outside sources to also compare their salaries to industry ranges. This process was last undertaken in 2015 for the Chief Executive Officer. |
| Form 990, Part VI, Section C, line 19 | The organization makes its governing documents available to the general public on its website and upon request. |
| Form 990, Part XII, Line 2c: | The Organization had not changed its oversight and selection process involving its independent auditor during the tax year. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Flagship Olympia Foundation | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 211 S Columbus Blvd | AddressLine1Txt |
| City | Philadelphia | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19106 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 812506869 | EIN |
| Primary Activities | Museum | PrimaryActivitiesTxt |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3) | ExemptCodeSectionTxt |
| Public Charity Status | Line 7 | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
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