2021-06-17T02:53:28-00:00 2021-02-28 Alta CPA Group LLC 59 Franklin Street Annapolis MD 21401 990 2020-03-01 237051889 CHESAPEAKE BAY MARITIME MUSEUM INC CHES 4107452916 213 N TALBOT STREET Saint Michaels MD 21663 KRISTEN GREENAWAY PRESIDENT 2021-06-17 true KRISTEN GREENAWAY Jeffrey S Griffith P01081433 4103495101 2021-06-17 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z RICHARD BODORFF 213 N TALBOT STREET SAINT MICHAELS MD 21663 13305565 false X https://cbmm.org/ X 1965 MD THE MISSION OF THE CHESAPEAKE BAY MARITIME MUSEUM IS TO PRESERVE AND EXPLORE THE HISTORY, ENVIRONMENT, AND PEOPLE OF THE CHESAPEAKE BAY. THE VISION OF THE CHESAPEAKE BAY MARITIME MUSEUM IS TO BE THE SEE SCHED O 25 25 80 235 0 1845052 9387641 2875587 2302820 -317658 813827 49521 -702198 4452502 11802090 0 0 2848372 2692056 0 275049 3615578 2931566 6463950 5623622 -2011448 6178468 30193719 39670845 1190661 1583452 29003058 38087393 X THE MISSION OF THE CHESAPEAKE BAY MARITIME MUSEUM IS TO PRESERVE AND EXPLORE THE HISTORY, ENVIRONMENT, AND PEOPLE OF THE CHESAPEAKE BAY. THE VISION OF THE CHESAPEAKE BAY MARITIME MUSEUM IS TO BE THE PREMIER SEE SCHED O false false 4458531 2302820 THE MUSEUM IS A PRIVATE NON-PROFIT EDUCATIONAL INSTITUTION DEDICATED TO FURTHERING AN UNDERSTANDING AND APPRECIATION OF THE MARITIME HERITAGE OF THE CHESAPEAKE BAY THROUGH COLLECTION EDUCATION, DOCUMENTATION, EXHIBITION, RESEARCH AND PUBLICATION. OVER 63,000 MEMBERS AND VISITORS HAILING FROM THE U.S. AND ABROAD PARTICIPATED IN THE MUSEUM EXPERIENCE DURING FYE 2/29/2021. VOLUNTEERS PROVIDED OVER 8,000 HOURS OF THEIR TIME TO AREAS SUCH AS EDUCATION, BOAT YARD AND CURATORIAL SERVICES. THE VALUE OF THESE SERVICES IS NOT RECORDED AS AN EXPENSE. 4458531 true true false false false false true true false true true false false false false true true false false false false false false false true false false false false true false false false false false false false false true false false false false false false false false true 13 0 true 80 true true true false false false false true true false false false false false false X 25 25 false false false false false true false true true false false true true true true true true true false false MD X X X BRANDEN MEREDITH 4107452916 213 N TALBOT STREET SAINT MICHAELS MD 21663 KRISTEN GREENAWAY PRESIDENT 040.00 X 217752 0 26541 RICHARD BODORFF CHAIR 001.00 X X 0 0 0 CRAIG FULLER VICE CHAIR 001.00 X X 0 0 0 DAVID REAGER SECRETARY 001.00 X X 0 0 0 RICHARD JOHNSON TREASURER 001.00 X X 0 0 0 NANCY APPLEBY DIRECTOR 001.00 X 0 0 0 WILLIAM BOICOURT DIRECTOR 001.00 X 0 0 0 JUNE DEHART DIRECTOR 001.00 X 0 0 0 DUANE EKEDAHL DIRECTOR 001.00 X 0 0 0 HOWARD FREEDLANDER DIRECTOR 001.00 X 0 0 0 DAGMAR GIPE DIRECTOR 001.00 X 0 0 0 NED HENNIGHAUSEN DIRECTOR 001.00 X 0 0 0 LINDA HIGGINS DIRECTOR 001.00 X 0 0 0 FRANCIS HOPKINSON JR DIRECTOR 001.00 X 0 0 0 A REZA JAFARI DIRECTOR 001.00 X 0 0 0 KENNETH MANN DIRECTOR 001.00 X 0 0 0 ANNE MICKEY DIRECTOR 001.00 X 0 0 0 ELIZABETH MOOSE DIRECTOR 001.00 X 0 0 0 TALLI OXNAM DIRECTOR 001.00 X 0 0 0 SCOTT PASTRICK DIRECTOR 001.00 X 0 0 0 JOHN SEIDEL DIRECTOR 001.00 X 0 0 0 RICHARD SNOWDON DIRECTOR 001.00 X 0 0 0 ENOS THROOP V DIRECTOR 001.00 X 0 0 0 RICHARD TILGHMAN JR DIRECTOR 001.00 X 0 0 0 GARY TOWNSEND DIRECTOR 001.00 X 0 0 0 BROOKE HARWOOD DIRECTOR 001.00 X 0 0 0 217752 26541 1 false true false STORAGE LOGIC OF MARYLAND 47 LOVENTON CIRCLE SPARKS MD 21162 STORAGE FEES 116185 1 172452 711806 8503383 1626894 9387641 GENERAL ADMISSIONS 713110 299478 299478 MEMBERSHIP DUES 713110 392005 392005 EDUCATIONAL PROGRAMS 713110 19975 19975 SHIPYARD 713110 1591362 1591362 2302820 414549 414549 190958 254315 -63357 -63357 1153477 422276 1149124 27351 4353 394925 399278 7414 172452 7414 141212 65271 75941 CHANGES IN VALUE OF SPL 900099 30354 30354 OTHER INCOME 900099 102870 102870 -714782 11802090 1588038 414549 0 0 0 0 338507 216961 96997 24549 0 1972289 1246955 583291 142043 41798 31064 7458 3276 150040 111508 26771 11761 189422 140778 33796 14848 0 0 0 0 0 90711 398 78384 11929 61065 61065 203243 130562 19285 53396 0 0 225301 217278 5014 3009 69 8 56 5 0 5955 5535 420 20609 20609 0 877869 877869 154748 140386 10348 4014 EDUCATIONAL PROGRAMS 42276 42276 SHIPYARD COST 1166392 1166392 SUPPLIES AND EQUIPMENT 44761 30929 7613 6219 EXHIBITS 38567 38567 0 5623622 4458531 890042 275049 1780927 3079990 3198010 4943811 2219064 3009072 198014 167121 598997 343198 73659 59083 24171469 16200843 9293998 7970626 12831050 20097944 30193719 39670845 522635 514163 668026 1069289 1190661 1583452 X 13995325 13203280 15007733 24884113 29003058 38087393 30193719 39670845 6178468 2952441 -46574 X false true X true false X 0 0.00000 4024033 4453033 4610945 1845052 9387641 24320704 1493322 1322656 1218038 2875587 1212501 8122104 5517355 5775689 5828983 4720639 10600142 32442808 485546 680331 1582061 1029264 1233984 5011186 485546 680331 1582061 1029264 1233984 5011186 27431622 272920 359562 403755 349660 414549 1800446 0 272920 359562 403755 349660 414549 1800446 0 123461 177602 34636 42491 133224 511414 5913736 6312853 6267374 5112790 11147915 34754668 0.78930 0.75830 0.05180 0.05640 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0.14 1 1 false X X X false false 13069123 4399845 3313772 575000 20207740 12701208 292806 575109 500000 13069123 12316419 714675 170114 500000 12701208 11623982 119312 1073125 500000 12316419 10559387 128296 1436299 500000 11623982 0.16000 0.73000 0.11000 false false 912214 912214 13862144 7480014 6382130 2129015 1721911 407104 7268096 6998918 269178 7970626 Financial derivatives and other financial products Closely-held equity interests Federal income taxes X 14969685 2952441 261728 3214169 11755516 46574 46574 11802090 5885350 261728 261728 5623622 5623622 II 9 THE STATE OF MARYLAND RETAINS A HISTORICAL EASEMENT ON A SMALL BOAT SHED. THE SMALL BOAT SHED IS REPORTED ON THE STATEMENT OF FINANCIAL POSITION AT COST AND IS DEPRECIATED OVER ITS ESTIMATED USEFUL LIFE BY A LEVEL CHARGE STRAIGHT-LINE METHOD TO FIXED ASSET FUND EXPENDITURES. THE SMALL BOAT SHED IS FULLY DEPRECIATED. III 1A THE COLLECTION, WHICH HAS BEEN ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE MUSEUMS INCEPTION, IS NOT RECOGNIZED AS AN ASSET ON THE STATEMENTS OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS IF THE ASSETS USED TO PURCHASE THE ITEMS ARE ACQUIRED, OR AS NET ASSETS WITH DONOR RESTRICTIONS IF THE ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED ON THE FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS CHANGES IN THE APPROPRIATE NET ASSET CLASSES. III 4 COLLECTING HISTORICAL OBJECTS, PHOTOGRAPHS, MANUSCRIPTS, AND ORAL HISTORIES TOGETHER WITH CONTEXTUAL INFORMATION ABOUT THEM ENABLES THE MUSEUM TO EDUCATE ITS VARIOUS PUBLIC AUDIENCES THROUGH THE USE OF THESE COLLECTIONS IN LONG-TERM AND CHANGING EXHIBITIONS AS WELL AS PROGRAMS. THE PRESERVATION OF THESE COLLECTIONS IS PARAMOUNT TO ENSURE THAT THE MUSEUM CAN CONTINUE TO CARRY OUT ITS EDUCATIONAL MISSION FOR FUTURE GENERATIONS. V 4 THE ENDOWMENT IS INTENDED TO BE USED FOR THE OBJECTIVES AND PURPOSES OF THE MUSEUM. NAMED FUNDS ARE ESTABLISHED WITHIN THE ENDOWMENT TO FIT SPECIFIC PURPOSES SUCH AS WATERFOWL, MAINTENANCE, LIGHTHOUSE, EDUCATION ETC., WHICH MEET THESE PURPOSES AND OBJECTIVES. X 2 THE MUSEUM IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE 501C3. IN ADDITION, THE MUSEUM HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509A1. A PORTION OF THE INCOME FROM THE MUSEUM STORE, CERTAIN DOCKING FEES, AND PROPERTY RENTALS MAY BE SUBJECT TO FEDERAL AND STATE INCOME TAXES. FOR THE YEAR ENDED FEBRUARY 28, 2021, NO INCOME TAXES WERE DUE. THE MUSEUMS INFORMATIONAL RETURN IS SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND THE STATE OF MARYLAND, GENERALLY FOR THE THREE YEARS AFTER IT IS FILED. XI 2D NET OF SPECIAL EVENTS- 7,414, NET OF RENTAL EXPENSES-254,314 XII 2D NET OF SPECIAL EVENTS- 7,414, NET OF RENTAL EXPENSES-254,314 BOATING PARTY 179866 172452 7414 1822 5592 179866 172452 7414 1822 5592 7414 X X X X X false true false false false false false false false KRISTEN GREENAWAY PRESIDENT 193237 38728 80000 9332 17209 338506 X 109 519629 FMV X 38 1107265 FMV false false false Form 990, Part III, Line 1 FORM 990 - ORGANIZATIONS MISSION CONTINUEDPREMIER MARITIME MUSEUM FOR STUDYING, EXHIBITING, PRESERVING, AND CELEBRATING THE IMPORTANT HISTORY AND CULTURE OF THE LARGEST ESTUARY IN THE UNITED STATES, THE CHESAPEAKE BAY.CBMM IS ACKNOWLEDGED AS A LEADING CENTER FOR EDUCATION, EXHIBITION, AND PRESERVATION OF CHESAPEAKE BAY MARITIME CULTURES. CBMM INSPIRES CULTURAL STEWARDSHIP BY PRESERVING, DOCUMENTING, AND SHARING STORIES, ARTIFACTS, SKILLS, AND THE TRADITIONS OF THE GENERATIONS OF PEOPLE WHO HAVE LIVED AND WORKED IN THE CHESAPEAKE BAY REGION. CBMM EMPHASIZES HOW THE CONNECTIONS BETWEEN PEOPLE AND THE BAYS NATURAL ENVIRONMENT HAVE SHAPED UNIQUE, TRADITIONAL CULTURES. CBMM PROVIDES OPPORTUNITIES FOR VISITORS TO MAKE CONNECTIONS BETWEEN PAST HUMAN ACTIVITIES, PRESENT CONDITIONS, AND FUTURE POSSIBILITIES. Form 990, Part VI, Section A, Line 7A THE BOARD OF GOVERNORS, WHO ARE ALSO MEMBERS, IS THE ONLY GOVERNING BODY THAT HAS THE AUTHORITY TO ELECT NEW GOVERNORS. Form 990, Part VI, Section B, Line 11 THE FORM 990 IS INITIALLY REVIEWED BY THE ORGANIZATIONS VICE PRESIDENT OF FINANCE. AFTER THE INITIAL REVIEW THE FORM 990 IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS PRIOR TO SUBMISSION WITH THE IRS. Form 990, Part VI, Section B, Line 12C ALL BOARD MEMBERS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST FORM ANNUALLY AND DISCLOSE ANY RELATIONSHIPS WITH THE MUSEUM. NEW BOARD MEMBERS AND KEY EMPLOYEES ARE ALSO REQUIRED TO COMPLETE THIS FORM. Form 990, Part VI, Section B, Line 15A EACH FISCAL YEAR, PREFERABLY NOT CONTEMPORANEOUSLY WITH THE PERFORMANCE REVIEW, THE CHAIR, IN CONSULTATION WITH THE EXECUTIVE COMMITTEE, SHALL SET THE COMPENSATION OF THE PRESIDENT AND CEO FOR THE ENSUING 12 MONTHS. IN DOING SO, THE CHAIR SHALL TAKE INTO ACCOUNT PERFORMANCE, TENURE, CHANGES IN THE COST-OF-LIVING INDEX, COMPENSATION OF COMPARABLE NOT-FOR-PROFIT ORGANIZATIONS, THE FINANCIAL CONDITION OF CBMM AND OTHER FACTORS AS THE CHAIR AND THE EXECUTIVE COMMITTEE MAY DEEM APPROPRIATE. EXCEPT IN EXTRAORDINARY CIRCUMSTANCES AND THEN ONLY IF APPROVED BY THE BOARD OF GOVERNORS, THE COMPENSATION OF THE PRESIDENT AND CEO SHALL NOT EXCEED THE RANGE OF COMPENSATION OF THE CEO OF COMPARABLE ORGANIZATIONS, AS SET FORTH IN THE MOST RECENT COMPENSATION REPORT OF CHARITY NAVIGATOR OR OTHER INDEPENDENT ENTITY THAT GATHERS AND REPORTS ON THE COMPENSATION OF CEOS OF NOT-FOR-PROFIT ORGANIZATIONS. Form 990, Part VI, Section C, Line 19 THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE ANNUAL REPORT IS ALSO AVAILABLE ON THE ORGANIZATIONS WEBSITE.