HERRESHOFF MARINE MUSEUM: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- HERRESHOFF MARINE MUSEUM (EIN 23-7102744)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-11-15
- IRS object ID
- 201803199349306050
- Schema version
- 2017v2.2
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-11-15T10:58:00-06:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 050392605 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MULLEN SCORPIO & CERILLI | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 67 CEDAR STREET | AddressLine1Txt |
| City | PROVIDENCE | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 02903 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237102744 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HERRESHOFF MARINE MUSEUM | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HERR | BusinessNameControlTxt |
| Phone | 4012535000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE BURNSIDE STREET | AddressLine1Txt |
| City | BRISTOL | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 02809 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WILLIAM LYNN | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 4012535000 | PhoneNum |
| Signature | 2018-11-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | PATRICIA M CERILLI | PreparerPersonNm |
| PTIN | P01598123 | PTIN |
| Phone | 4017513860 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 70.167.19.136 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-11-13 | IPDt |
| IP Tm | 12:05:28 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | D9D22399C1F0EDCD14A477ED76FE45037F1133F3 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 6AEF39E26374646C960931F38D518D9A2C554591 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | WILLIAM LYNN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 BURNSIDE STREET | AddressLine1Txt |
| City | BRISTOL | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 02809 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,835,184 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.HERRESHOFF.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1971 | FormationYr |
| Legal Domicile State | RI | LegalDomicileStateCd |
| Activity Or Mission | INTERPRET THE HISTORY & ACCOMPLISHMENTS OF THE HERRESHOFF MANUFACTURING CO. & AMERICA'S CUP. | ActivityOrMissionDesc |
| Voting Members Governing Body | 23 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 21 | VotingMembersIndependentCnt |
| Total Employee | 36 | TotalEmployeeCnt |
| Total Volunteers | 100 | TotalVolunteersCnt |
| Total Gross UBI | $4,422 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $550,834 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,021,702 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $357,490 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $432,692 | CYProgramServiceRevenueAmt |
| PY Investment Income | $49,383 | PYInvestmentIncomeAmt |
| CY Investment Income | -$1,090 | CYInvestmentIncomeAmt |
| PY Other Revenue | $186,052 | PYOtherRevenueAmt |
| CY Other Revenue | $71,980 | CYOtherRevenueAmt |
| PY Total Revenue | $1,143,759 | PYTotalRevenueAmt |
| CY Total Revenue | $1,525,284 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | 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 | $664,615 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $650,720 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $103,278 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $655,375 | PYOtherExpensesAmt |
| CY Other Expenses | $677,052 | CYOtherExpensesAmt |
| PY Total Expenses | $1,319,990 | PYTotalExpensesAmt |
| CY Total Expenses | $1,327,772 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$176,231 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $197,512 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $4,199,699 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,362,998 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,766,277 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,698,061 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $2,433,422 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,664,937 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | INTERPRETATION OF THE HISTORY AND ACCOMPLISHMENTS OF THE HERRESHOFF MANUFACTURING COMPANY AND AMERICA'S CUP. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $356,112 | ExpenseAmt |
| Revenue | $332,995 | RevenueAmt |
| Desc | WATERFRONT AND EDUCATION PROGRAMS: INCLUDES THE SEAMANSHIP PROGRAM, LECTURES, THE WORKSHOP PROGRAM IN CLASSIC BOAT MAINTENANCE AND EDUCATIONAL PARTNERSHIPS. THE WORKSHOP PROGRAM IN CLASSIC BOAT MAINTENANCE PROVIDES A HANDS-ON EXPERIENCE IN HELPING TO CARE FOR THE MUSEUM'S ACTIVE-USE COLLECTION OF WATERCRAFT. THE SEAMANSHIP PROGRAM'S PRIMARY GOALS ARE TO TEACH SAILING SKILLS AND WATER AWARENESS, TO INSTILL A LOVE OF THE MARINE ENVIRONMENT AND TO CREATE LIFELONG SAILORS.THE PROGRAMMING INCLUDE MEMBERSHIP COMMUNICATIONS AS WELL AS GENERAL ADMISSION TO THE MUSEUM. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $170,571 | ExpenseAmt |
| Revenue | $100,771 | RevenueAmt |
| Desc | MUSEUM ACTIVITIES AND ADMISSIONS: THE HERRESHOFF MARINE MUSEUM AND AMERICA'S CUP HALL OF FAME ARE DEDICATED TO THE INSPIRATION AND EDUCATION OF THE PUBLIC THROUGH THE PRESENTATION OF THE HISTORY AND INNOVATIVE WORK OF THE HERRESHOFF MANUFACTURING COMPANY AND THE AMERICA'S CUP COMPETITION. VISITORS TO THE MUSEUM HAVE THE OPPORTUNITY TO EXPLORE THE WORLD'S LARGEST COLLECTION OF ANY ONE NAVAL ARCHITECT'S LIFE WORK. THE GENIUS OF THE HERRESHOFF BROTHERS IS UNSURPASSED IN ITS COMINBATION OF BUSINESS ACUMEN AND AWARENESS, TO INSTILL A LOVE OF THE MARINE ENVIRONMENT AND TO CREATE LIFELONG SAILORS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $34,322 | ExpenseAmt |
| Revenue | $36,160 | RevenueAmt |
| Desc | PROGRAM EVENTS: THE MUSEUM'S MONTHLY LECTURE SERIES BRINGS THE KNOWLEDGE OF ESTABLISHED AUTHORS, SAILORS, AND EXPERTS DIRECTLY TO THE PUBLIC. TOPICS COVER HISTORIC MARITIME EVENTS, CONTEMPORARY EXHIBITS AND SAILING PROGRAMS, AND ONGOING RESTORATION PROJECTS AND REPLICA BUILDS. PROGRAM EVENTS ALSO INCLUDE THE HERRESHOFF CLASSIC YACHT REGATTA WHICH BRINGS CLASSIC YACHT ENTHUSIAST TO THE MUSEUM ON NARRAGANSETT BAY FOR AN ANNUAL CELEBRATION OF THE HERRESHOFF MANUFACTURING COMPANY HERITAGE. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER PROGRAM SERVICES | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $280,282 | TotalOtherProgSrvcExpenseAmt |
| Total Program Service Expenses | $841,287 | 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 |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | 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 | Yes (1) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (1) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (1) | 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 | 16 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 36 | 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 | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | 0 | Form8899Filedind |
| Form1098 C Filed | Yes (1) | Form1098CFiledInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 23 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 21 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | 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 |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DANA CLOUGH DIR OF FINANCEOPS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4012535000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE BURNSIDE STREET | AddressLine1Txt |
| City | BRISTOL | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 02809 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| ROBERT AYERLE | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ALFRED G FRED BISSET | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| NEVIN CARR | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| THOMAS CULORA | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MAIA FARISH | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DAVID FORD | ||||||
| CHAIRMAN | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| STEPHEN R FRARY | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| HALSEY C HERRESHOFF | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| HALSEY C HERRESHOFF II | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| GEOFFREY HOPPER | ||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | |
| GEORGE M DOOIE ISDALE | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ELISABETH LAVERS | ||||||
| SECRETARY | 1.00 | $0 | $0 | $0 | Yes (X) | |
| LAWRENCE D LAVERS | ||||||
| TREASURER & DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| MARSHALL LAWSON | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ARTHUR SANDY LEE | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| GEORGE B LUCAS | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| WILLIAM H LYNN | ||||||
| PRESIDENT AND EXECUTIVE DI | 40.00 | Yes (X) | $149,656 | $0 | $0 | Yes (X) |
| MARIA MILOT | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JOOP NAGTEGAAL | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JOHN PICOTTE | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| GERALD RAINER | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ANDREW T TYSKA | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CHRISTOPHER M WICK | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ROBERT D YARO | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $149,656 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | 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 | $42,072 | MembershipDuesAmt |
| Fundraising | $23,405 | FundraisingAmt |
| All Other Contributions | $956,225 | AllOtherContributionsAmt |
| Noncash Contributions | $365,391 | NoncashContributionsAmt |
| Total Contributions | $1,021,702 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| EDUCATION PROGRAMS | 611600 | $191,377 | $191,377 |
| WATERFRONT PROGRAMS | 611710 | $143,718 | $143,718 |
| MUSEUM ACTIVITIES | 611710 | $57,263 | $57,263 |
| ADMISSIONS | 611710 | $39,825 | $39,825 |
| MISC MUSEUM REVENUE | 900099 | $509 | $509 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $432,692 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,401 | TotalRevenueColumnAmt |
| Exclusion | $7,401 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $239,709 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $215,335 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $24,374 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $24,374 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $19,952 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $4,422 | UnrelatedBusinessRevenueAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $19,100 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $27,591 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$8,491 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$8,491 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$8,491 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $40,485 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $23,405 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $30,438 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $10,047 | TotalRevenueColumnAmt |
| Exclusion | $10,047 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $74,095 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $36,536 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $37,559 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $37,559 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,525,284 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $481,712 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $4,422 | UnrelatedBusinessRevenueAmt |
| Exclusion | $17,448 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $149,656 | TotalAmt |
| Program Services | $48,014 | ProgramServicesAmt |
| Management And General | $89,794 | ManagementAndGeneralAmt |
| Fundraising | $11,848 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $421,730 | TotalAmt |
| Program Services | $217,577 | ProgramServicesAmt |
| Management And General | $156,706 | ManagementAndGeneralAmt |
| Fundraising | $47,447 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,632 | TotalAmt |
| Program Services | $703 | ProgramServicesAmt |
| Management And General | $12,912 | ManagementAndGeneralAmt |
| Fundraising | $1,017 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $64,702 | TotalAmt |
| Program Services | $32,835 | ProgramServicesAmt |
| Management And General | $25,473 | ManagementAndGeneralAmt |
| Fundraising | $6,394 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,000 | TotalAmt |
| Management And General | $17,000 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $191 | TotalAmt |
| Management And General | $191 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,135 | TotalAmt |
| Program Services | -$295 | ProgramServicesAmt |
| Management And General | $4,023 | ManagementAndGeneralAmt |
| Fundraising | $407 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,236 | TotalAmt |
| Program Services | $6,528 | ProgramServicesAmt |
| Fundraising | $708 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,319 | TotalAmt |
| Program Services | $26,592 | ProgramServicesAmt |
| Management And General | $13,640 | ManagementAndGeneralAmt |
| Fundraising | $11,087 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,673 | TotalAmt |
| Program Services | $4,988 | ProgramServicesAmt |
| Management And General | $3,664 | ManagementAndGeneralAmt |
| Fundraising | $1,021 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $729 | TotalAmt |
| Program Services | $729 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $54,728 | TotalAmt |
| Program Services | $29,035 | ProgramServicesAmt |
| Management And General | $25,693 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,474 | TotalAmt |
| Program Services | $2,836 | ProgramServicesAmt |
| Management And General | $157 | ManagementAndGeneralAmt |
| Fundraising | $4,481 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,022 | TotalAmt |
| Program Services | $1,089 | ProgramServicesAmt |
| Management And General | $933 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,834 | TotalAmt |
| Program Services | $62,991 | ProgramServicesAmt |
| Management And General | $4,843 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,385 | TotalAmt |
| Management And General | $4,385 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $145,120 | TotalAmt |
| Program Services | $135,243 | ProgramServicesAmt |
| Management And General | $9,877 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,014 | TotalAmt |
| Program Services | $41,713 | ProgramServicesAmt |
| Management And General | $6,926 | ManagementAndGeneralAmt |
| Fundraising | $375 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| OTHER EXPENSE | $153,402 | $150,083 | $2,079 | $1,240 |
| EVENT EXPENSE | $53,185 | $36,618 | $94 | $16,473 |
| SAILING SCHOOL SCHOLARS | $20,361 | $20,361 | ||
| SAILING SCHOOL OTHER | $9,544 | $9,544 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,700 | TotalAmt |
| Program Services | $14,103 | ProgramServicesAmt |
| Management And General | $4,817 | ManagementAndGeneralAmt |
| Fundraising | $780 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,327,772 | TotalAmt |
| Program Services | $841,287 | ProgramServicesAmt |
| Management And General | $383,207 | ManagementAndGeneralAmt |
| Fundraising | $103,278 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $92,160 | BOYAmt |
| EOY | $82,726 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $246,891 | BOYAmt |
| EOY | $240,745 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,662 | BOYAmt |
| EOY | $43,445 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,294 | BOYAmt |
| EOY | $28,881 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,020 | BOYAmt |
| EOY | $19,649 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,703 | BOYAmt |
| EOY | $13,614 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $7,434,103 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,848,398 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,432,638 | BOYAmt |
| EOY | $3,585,705 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $226,994 | BOYAmt |
| EOY | $251,305 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,120 | BOYAmt |
| EOY | $22,915 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $74,217 | BOYAmt |
| EOY | $74,013 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,199,699 | BOYAmt |
| EOY | $4,362,998 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $261,435 | BOYAmt |
| EOY | $189,209 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,401 | BOYAmt |
| EOY | $101,753 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,445,441 | BOYAmt |
| EOY | $1,407,099 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,766,277 | BOYAmt |
| EOY | $1,698,061 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,839,478 | BOYAmt |
| EOY | $2,052,542 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $376,175 | BOYAmt |
| EOY | $394,626 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $217,769 | BOYAmt |
| EOY | $217,769 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,433,422 | BOYAmt |
| EOY | $2,664,937 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,199,699 | BOYAmt |
| EOY | $4,362,998 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $197,512 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $28,086 | NetUnrlzdGainsLossesInvstAmt |
| Donated Services And Use Fclts | $5,795 | DonatedServicesAndUseFcltsAmt |
| Prior Period Adjustments | $122 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| 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) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $520,753 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $796,175 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $989,139 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $552,334 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $656,311 | CurrentTaxYearAmt |
| Total | $3,514,712 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $520,753 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $796,175 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $989,139 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $552,334 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $656,311 | CurrentTaxYearAmt |
| Total | $3,514,712 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $682,809 | SubstantialContributorsTotAmt |
| Public Support Total170 | $2,831,903 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $19,372 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,714 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | -$3,443 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,806 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,401 | CurrentTaxYearAmt |
| Total | $39,850 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $3,554,562 | TotalSupportAmt |
| Public Support CY170 | 0.79670 | PublicSupportCY170Pct |
| Public Support PY170 | 0.78760 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
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 |
| Coll Used Loan Or Exch Prog | Yes (X) | CollUsedLoanOrExchProgInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $226,994 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $35,892 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $9,475 | OtherExpendituresAmt |
| Administrative Expenses | $2,106 | AdministrativeExpensesAmt |
| End Year Balance | $251,305 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $221,018 | BeginningYearBalanceAmt |
| Contributions | $250 | ContributionsAmt |
| Investment Earnings Or Losses | $16,875 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $9,122 | OtherExpendituresAmt |
| Administrative Expenses | $2,027 | AdministrativeExpensesAmt |
| End Year Balance | $226,994 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $234,015 | BeginningYearBalanceAmt |
| Contributions | $1,150 | ContributionsAmt |
| Investment Earnings Or Losses | -$5,386 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $8,761 | OtherExpendituresAmt |
| End Year Balance | $221,018 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $186,947 | BeginningYearBalanceAmt |
| Contributions | $50,100 | ContributionsAmt |
| Investment Earnings Or Losses | $7,711 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $10,743 | OtherExpendituresAmt |
| End Year Balance | $234,015 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $164,235 | BeginningYearBalanceAmt |
| Contributions | $7,970 | ContributionsAmt |
| Investment Earnings Or Losses | $18,532 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $3,790 | OtherExpendituresAmt |
| End Year Balance | $186,947 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 0.87000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.13000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $531,385 | OtherCostOrOtherBasisAmt |
| Book Value | $531,385 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,128,137 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,186,614 | DepreciationAmt |
| Book Value | $1,941,523 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $630,374 | OtherCostOrOtherBasisAmt |
| Depreciation | $506,040 | DepreciationAmt |
| Book Value | $124,334 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,144,207 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,155,744 | DepreciationAmt |
| Book Value | $988,463 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $3,585,705 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| INVESTMENTS HELD AT RI COMMUNITY FDN | $251,295 | F |
| INVESTMENTS HELD AT BARRETT & CO | $10 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $251,305 | TotalBookValueSecuritiesAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $1,841,475 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $28,086 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $5,795 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $282,310 | OtherRevenueAmt |
| Revenue Not Reported | $316,191 | RevenueNotReportedAmt |
| Revenue Subtotal | $1,525,284 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $1,525,284 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $1,610,082 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $282,310 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $282,310 | ExpensesNotReportedAmt |
| Expenses Subtotal | $1,327,772 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $1,327,772 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 1A: | THE COLLECTION CONSISTS OF ITEMS OF HISTORICAL SIGNIFICANCE THAT ARE HELD BY THE ORGANIZATION TO BE PRESERVED AND PROTECTED. THESE ITEMS OF THE COLLECTION WHICH INCLUDE YACHTS, BOOKS, PHOTOGRAPHS, ARCHITECTURAL DESIGNS, ARTWORK AND MARINE RELATED MEMORABILIA ARE MADE AVAILABLE TO THE GENERAL PUBLIC FOR VIEWING AND STUDY. THE COLLECTION, WHICH WAS ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE ORGANIZATION'S INCEPTION, IS NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. THE ORGANIZATION PROVIDES THE RESOURCES TO ENSURE THE COLLECTION IS PROTECTED AND PRESERVED. THE VALUE OF ITEMS OF COLLECTION RECEIVED IS NOT REPORTED AS CONTRIBUTIONS OR ACCESSIONS IN THE STATEMENT OF ACTIVITIES. THE ORGANIZATION'S POLICY IS TO PROVIDE RESOURCES TO ENSURE THE COLLECTION IS PROTECTED AND PRESERVED IN ACCORDANCE WITH THE POLICIES OF THE AMERICAN ASSOCIATION OF MUSEUMS. |
| PART III, LINE 4: | THE HERRESHOFF MARINE MUSEUM AND AMERICA'S CUP HALL OF FAME ARE DEDICATED TO THE EDUCATION AND INSPIRATION OF THE GENERAL PUBLIC THROUGH THE PRESENTATION OF THE HISTORY AND INNOVATIVE WORK OF THE HERRESHOFF MANUFACTURING COMPANY (HMC) AND THE AMERICA'S CUP COMPETITION. THE "COLLECTION" IS COMPRISED OF 44 BOATS, OVER 2,000 HISTORIC ARTIFACTS FROM THE HMC, THE HERRESHOFF FAMILY, AND THE AMERICA'S CUP COMPETITION AND OVER 3,000 PHOTOGRAPHS AND FILM NEGATIVES RELATED TO THE SAME (COLLECTIVELY "COLLECTION"). THE COLLECTION ALSO INCLUDES A MODEL ROOM AND SHIP MODELS, A LIBRARY WITH NEARLY 5,000 MONOGRAPHS AND VIDEOS AND THE ARCHIVAL RECORDS OF THE HMC AND THE AMERICA'S CUP EVENTS. |
| PART V, LINE 4: | THE ORGANIZATION'S ENDOWMENT FUND IS GENERALLY DONOR RESTRICTED TO SUPPORT THE PRESERVATION OF THE COLLECTION AND PROVIDE OPERATIONAL SUPPORT IN ACCORDANCE WITH THE DONOR STIPULATIONS. |
| PART X, LINE 2: |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|
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSE 215,335. SPECIAL EVENTS 30,438. MUSEUM STORE 36,537. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSE 215,335. SPECIAL EVENTS 30,438. MUSEUM STORE 36,537. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | FROSTBITE BASH | Event1Nm |
| Gross Receipts Event1 | $49,150 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $23,405 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $25,745 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $2,641 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $451 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $1,640 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $11,177 | OtherDirectExpensesEvent1Amt |
| Event2 | JULY 3 & 4 CELEBRATION | Event2Nm |
| Gross Receipts Event2 | $14,740 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $14,740 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $2,197 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $6,425 | FoodAndBeverageEvent2Amt |
| Entertainment Event2 | $700 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $5,207 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $63,890 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $23,405 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $40,485 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $4,838 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $6,876 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $2,340 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $16,384 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $30,438 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $10,047 | NetIncomeSummaryAmt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ELISABETH LAVERS | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | SPOUSE OF DIRECTOR | RelationshipDescriptionTxt |
| Transaction | $62,700 | TransactionAmt |
| Transaction | COMPENSATION | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule M IRS990ScheduleM
Boats And Planes BoatsAndPlanesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $333,570 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | EST. FMV | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | TOOLS/SHOP MATERIALS | 4 | $17,410 | |
| Yes (X) | FUNDRAISING | 14 | $14,471 | EST. FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | A MEMBER OF THE BOARD OF DIRECTORS IS RELATED TO A SENIOR MANAGER OF THE ORGANIZATION. THE BOARD OF DIRECTORS HAS REVIEWED AND APPROVED THE EMPLOYMENT OF THE SENIOR MANAGER. HALSEY HERRESHOFF (BOARD OF DIRECROR) AND HALSEY HERRESHOFF II (BOARD OF DIRECTOR) ARE RELATED. |
| FORM 990, PART VI, SECTION A, LINE 6 | HERRESHOFF MARINE MUSEUM HAS MEMBERS WITH VOTING RIGHTS. THERE IS AN ANNUAL MEETING EACH YEAR OF THE MEMBERSHIP FOR THE ELECTION OF DIRECTORS TO SUCCEED THOSE WHOSE TERMS HAVE EXPIRED AND FOR THE TRANSACTIONS OF SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. EACH INDIVIDUAL, FAMILY OR GROUP MEMBERSHIP SHALL BE DEEMED TO BE ONE MEMBER AND SHALL COLLECTIVELY BE ENTITLED TO ONE VOTE, WHICH MAY BE GIVEN IN PERSON OR BY PROXY. THE CHAIRPERSON OR PRESIDENT WILL REPORT ON THE ACTIVITIES OF THE ORGANIZATION DURING THE PRECEEDING YEAR. THE TREASURER WILL REPORT ON THE FISCAL CONDITION OF THE ORGANIZATION DURING THE PRECEEDING YEAR. |
| FORM 990, PART VI, SECTION A, LINE 7A | HERRESHOFF MARINE MUSEUM HAS MEMBERS WITH VOTING RIGHTS. THERE IS AN ANNUAL MEETING EACH YEAR OF THE MEMBERSHIP FOR THE ELECTION OF DIRECTORS TO SUCCEED THOSE WHOSE WHOSE TERMS HAVE EXPIRED AND FOR THE TRANSACTIONS OF SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. EACH INDIVIDUAL, FAMILY OR GROUP MEMBERSHIP SHALL BE DEEMED TO BE ONE MEMBER AND SHALL BE ENTITLED TO ONE VOTE, WHICH MAY BE GIVEN IN PERSON OR BY PROXY. THE CHAIRPERSON OR PRESIDENT WILL REPORT ON THE ACTIVITIES OF THE ORGANIZATION DURING THE PRECEEDING YEAR. THE TREASURER WILL REPORT ON THE FISCAL CONDITION OF THE ORGANIZATION DURING THE PRECEEDING YEAR. |
| FORM 990, PART VI, SECTION A, LINE 7B | HERRESHOFF MARINE MUSEUM HAS MEMBERS WITH VOTING RIGHTS. THERE IS AN ANNUAL MEETING EACH YEAR OF THE MEMBERS FOR THE ELECTION OF DIRECTORS TO SUCCEED THOSE WHOSE TERMS HAVE EXPIRED AND FOR THE TRANSACTIONS OF SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. EACH INDIVIDUAL, FAMILY OR GROUP MEMBERSHIP SHALL BE DEEMED TO BE ONE MEMBER AND SHALL COLLECTIVELY BE ENTITLED TO ONE VOTE, WHICH MAY BE GIVEN IN PERSON OR BY PROXY. THE CHAIRPERSON OR PRESIDENT WILL REPORT ON THE ACTIVITIES OF THE ORGANIZATION DURING THE PRECEEDING YEAR. THE TREASURER WILL REPORT ON THE FISCAL CONDITION OF THE ORGANIZATION DURING THE PRECEEDING YEAR. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FEDERAL FORM 990 IS PREPARED BY THE ORGANIZATION'S AUDITOR AND REVIEWED BY THE EXECUTIVE DIRECTOR AND DIRECTOR OF FINANCE AND OPERATIONS. THE DRAFT IS SUBMITTED TO THE FINANCE COMMITTEE FOR REVIEW AND A FINAL VERSION IS PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO THE FILING DATE. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE DIRECTOR'S PROVIDE SELF-DECLARATION OF POSSIBLE CONFLICTS OF INTEREST AS PART OF THE ANNUAL RESPONSIBILITIES. THE CONFLICT OF INTEREST FORMS ARE REVIEWED BY THE CHAIRPERSON OF THE BOARD WITH THE VICE CHAIRPERSON OF THE BOARD IN CASE OF THE CHAIRPERSON'S OWN FILING. |
| FORM 990, PART VI, SECTION B, LINE 15 | SALARIES OF KEY MANAGERS ARE INFORMALLY REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS THROUGH THE REVIEW AND APPROVAL OF THE OPERATING BUDGET ANNUALLY. |
| FORM 990, PART VI, SECTION C, LINE 19 | COPIES OF THE GOVERNING DOCUMENTS AND THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE FROM THE DIRECTOR OF FINANCE AND OPERATIONS UPON WRITTEN REQUEST. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HMM CONDO ASSOCIATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 BURNSIDE STREET | AddressLine1Txt |
| City | BRISTOL | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 02809 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 263689010 | EIN |
| Primary Activities | REAL ESTATE | PrimaryActivitiesTxt |
| Legal Domicile State | RI | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HERRESHOFF MARINE MUSEUM | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C | EntityTypeTxt |
| Share Of Total Income | $204 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $57,730 | ShareOfEOYAssetsAmt |
| Ownership | 0.78000 | OwnershipPct |
| 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 | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | 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 | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HERRESHOFF MARINE CONDO ASSOCIATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | Q | TransactionTypeTxt |
| Involved | $5,947 | InvolvedAmt |
| Method Of Amount Determination | FMV | MethodOfAmountDeterminationTxt |
Comments