2017-10-04T18:07:18-04:00 2017-02-28 822029500 TOAL MURRAY DAY & LALOR LLC 130 ADMIRAL COCHRANE DR SUITE 200 ANNAPOLIS MD 214017368 990 2016-03-01 237051889 CHESAPEAKE BAY MARITIME MUSEUMINC CHES 4107452916 213 N TALBOT STREET ST MICHAELS MD 216630636 KRISTEN L GREENAWAY PRESIDENT 4107452916 2017-10-04 true THADDEUS N TOAL CPA P00780668 4102240343 2017-10-04 24E1D0E4DCB66611F1C95255EB1EEF2908F04C9C 30C98FAA272EB71EB47B4B6BD74623CABB44B59D 2016 2021-01-29 14:40:06Z JAMES P HARRIS 213 N TALBOT STREET ST MICHAELS MD 21663 6583488 false X WWW.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 PREMIER 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 BAY'S NATURAL ENVIRONMENT HAVE SHAPED UNIQUE, TRADITIONAL CULTURES. CBMM PROVIDES OPPORTUNITIES FOR VISITORS TO MAKE CONNECTIONS BETWEEN PAST HUMAN ACTIVITIES, PRESENT CONDITIONS, AND FUTURE POSSIBILITIES. 29 29 85 385 77123 -126223 4005364 3985069 1196143 1306079 581575 224010 183573 136696 5966655 5651854 0 0 1876341 2182114 0 326821 2117235 2122321 3993576 4304435 1973079 1347419 23588998 26500180 362781 677004 23226217 25823176 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 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 BAY'S NATURAL ENVIRONMENT HAVE SHAPED UNIQUE, TRADITIONAL CULTURES. CBMM PROVIDES OPPORTUNITIES FOR VISITORS TO MAKE CONNECTIONS BETWEEN PAST HUMAN ACTIVITIES, PRESENT CONDITIONS, AND FUTURE POSSIBILITIES. false false 3264438 1306079 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 79,000 MEMBERS AND VISITORS HAILING FROM THE U.S. AND ABROAD PARTICIPATED IN THE MUSEUM EXPERIENCE DURING FYE 2/28/17. VOLUNTEERS PROVIDED OVER 30,000 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. DONATED PROFESSIONAL SERVICES,IF MATERIAL, ARE VALUED AND INCLUDED AS BOTH EXPENSE AND SUPPORT. 3264438 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 32 0 true 85 true true true false false false false true true false false false false true false X 29 29 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 VP OF FINANCE 4107452916 213 N TALBOT STREET STMICHAELS MD 21663 SCHUYLER BENSON BOARD MEMBER 1.00 X 0 0 0 RICHARD J BODORFF SECRETARY 1.00 X X 0 0 0 SIMON COOPER BOARD MEMBER 1.00 X 0 0 0 WILLIAM S DUDLEY BOARD MEMBER 1.00 X 0 0 0 LEN N FOXWELL BOARD MEMBER 1.00 X 0 0 0 HOWARD S FREEDLANDER BOARD MEMBER 1.00 X 0 0 0 DAGMAR GIPE BOARD MEMBER 1.00 X 0 0 0 LEEDS HACKETT BOARD MEMBER 1.00 X 0 0 0 JAMES P HARRIS CHAIR 1.00 X X 0 0 0 CHRISTOPHER A HAVENERJR BOARD MEMBER 1.00 X 0 0 0 RICHARD J JOHNSON BOARD MEMBER 1.00 X 0 0 0 FRANK C MARSHALL JR BOARD MEMBER 1.00 X 0 0 0 FRANCIS HOPKINSON JR BOARD MEMBER 1.00 X 0 0 0 ROBERT N HOCKADAY JR BOARD MEMBER 1.00 X 0 0 0 ALICE KREINDLER MEMBER 1.00 X 0 0 0 DEBORAH LAWRENCE BOARD MEMBER 1.00 X 0 0 0 KATHLEEN LINEHAN BOARD MEMBER 1.00 X 0 0 0 DONALD MARTIN BOARD MEMBER 1.00 X 0 0 0 PATRICE MILLER BOARD MEMBER 1.00 X 0 0 0 ELIZABETH MOOSE BOARD MEMBER 1.00 X 0 0 0 TALLI OXNAM BOARD MEMBER 1.00 X 0 0 0 CHARLES A ROBERTSON BOARD MEMBER 1.00 X 0 0 0 D BRUCE ROGERS BOARD MEMBER 1.00 X 0 0 0 LELDE SCHMITZ BOARD MEMBER 1.00 X 0 0 0 RICHARD W SNOWDON TREASURER 1.00 X X 0 0 0 DIANE J STALEY VICE CHAIR 1.00 X X 0 0 0 ALFRED TYLER BOARD MEMBER 1.00 X 0 0 0 SUSAN WHEELER BOARD MEMBER 1.00 X 0 0 0 CAROLYN H WILLIAMS BOARD MEMBER 1.00 X 0 0 0 KRISTEN L GREENAWAY PRESIDENT 40.00 X 188369 0 20158 188369 20158 1 false true false 139500 260000 3585569 1321329 3985069 GENERAL ADMISSIONS 712110 715827 715827 MEMBERSHIP DUES 712110 482014 482014 EDUCATIONAL PROGRAMS 712110 108238 108238 1306079 272920 272920 329368 339778 -10410 -10410 -10410 191750 240660 -48910 -48910 -48910 140015 139500 127670 12345 311059 223526 87533 87533 CHANGES IN VALUE SPLIT INTERE 900099 30776 30776 OTHER INCOME 900099 16452 16452 47228 5651854 1304397 77123 272920 200776 141292 48290 11194 1696559 1190213 415785 90561 58026 41973 11584 4469 91029 65845 18173 7011 135724 98175 27096 10453 25063 25063 35916 35916 26423 8587 6509 11327 135007 116868 495 17644 258908 145775 53021 60112 230068 224795 3296 1977 5994 3060 1997 937 23606 23606 712593 712593 136936 113530 13137 10269 MISCELLANEOUS 158699 58345 14787 85567 EXHIBIT 154421 154421 PROGRAMS 127927 127927 SUPPLIES & EQUIPMENT 47342 43258 4084 43418 17781 14421 11216 4304435 3264438 713176 326821 28148 104021 2118036 2743349 2395569 2701522 137413 38228 75463 601087 47171 46014 22485420 12927789 9432334 9557631 9354864 10708328 23588998 26500180 189868 546661 172913 130343 362781 677004 X 9784252 11131723 3136732 4371160 10305233 10320293 23226217 25823176 23588998 26500180 1347419 1249540 X false true X true false X 1640019 2203417 3330137 4005364 4024033 15202970 1195973 1211478 1348731 1196143 1493322 6445647 2835992 3414895 4678868 5201507 5517355 21648617 522019 437255 1487180 1080548 485546 4012548 522019 437255 1487180 1080548 485546 4012548 17636069 350342 273498 426179 263396 272920 1586335 350342 273498 426179 263396 272920 1586335 53354 50776 19976 186665 123461 434232 3239688 3739169 5125023 5651568 5913736 23669184 0.74510 0.71900 0.07000 0.08000 X PART III, LINE 12 OTHER INCOME 190,007 FUNDRAISING REVENUE 244,225 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 0.14 1 1 false X X X false 10559387 128296 1436299 500000 11623982 11454741 379560 -774914 500000 10559387 11610556 320186 440666 916667 11454741 10583904 724463 802189 500000 11610556 11027670 56983 997849 1498598 10583904 0.05400 0.84310 0.10290 false false 807859 807859 13204055 6107135 7096920 716218 610247 105971 7757288 6210407 1546881 9557631 X 7407806 1249540 39074 467338 1755952 5651854 5651854 4810847 39074 467338 506412 4304435 4304435 SCHEDULE D, PAGE 1, PART II, LINE 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. SCHEDULE D, PAGE 1, PART III, LINE 1A THE COLLECTION, WHICH HAS BEEN ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE MUSEUM'S INCEPTION, IS NOT RECOGNIZED AS AN ASSET ON THE STATEMETNS OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IF THE ASSETS USED TO PURCHASE THE ITEMS ARE ACQUIRED, OR AS A TEMPORARILY OR PERMANENTLY RESTRICTED NET ASSETS 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. SCHEDULE D, PAGE 2, PART III, LINE 4 COLLECTING HISTORICAL OBJECTS, PHOTOGRAPHS, MANUSCRIPTS, AND ORAL HISTORIES TOGETHER WIHT 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. SCHEDULE D, PAGE 2, PART V, LINE 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. SCHEDULE D, PAGE 3, PART X THE MUSEUM IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE 501(C) (3). IN ADDITION, THE MUSEUM HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(1). A PORTION OF THE INCOME FROM THE MUSEUM STORE, CERTAIN DOCKING FEES, AND PROPERTY RENTALS MAY BE SUBJECT TO FEDERAL AND STATE INCOMES TAXES. FOR THE YEAR ENDED FEBRUARY 28, 2017, NO INCOME TAXES WERE DUE. THE MUSEUM'S 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. SCHEDULE D, PAGE 4, PART XI, LINE 2D RECLASSIFICATION OF FUNDRAISING EVENT EXPENSES 127,670 RECLASSIFICATION OF RENTAL EXPENSES 339,668 SCHEDULE D, PAGE 4, PART XII, LINE 2D RECLASSIFICATION OF FUNDRAISING EVENT EXPENSES 127,670 RECLASSIFICATION OF RENTAL EXPENSES 339,668 BOATING PARTY 279515 139500 140015 20534 33331 54915 5200 13690 279515 139500 140015 20534 33331 54915 5200 13690 127670 12345 X X X X X false false false false false false false false false KRISTEN L GREENAWAY PRESIDENT 163619 24750 13498 6660 208527 X 221 1321329 FAIR MARKET VALUE 8 false true false FORM 990 - ORGANIZATION'S MISSION 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 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 BAY'S 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, PAGE 6, PART VI, 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, PAGE 6, PART VI, LINE 11B THE FORM 990 IS INITIALLY REVIEWED BY THE ORGANIZATION'S VICE PRESIDENT OF FINANCE. AFTER THE INITIAL REVIEW THE FORM 990 IS REVIEWS AND APPROVED BY THE BOARD OF DIRECTORS PRIOR TO SUBMISSION WITH THE IRS. FORM 990, PAGE 6, PART VI, 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, PAGE 6, PART VI, 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 CEO'S OF NOT-FOR-PROFIT ORGANIZATIONS. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION'S 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 ORGANIZATION'S WEBSITE. FORM 990, PART XI, LINE 9 RECLASSIFICATION OF FUNDRAISING EVENT EXPENSES 127,670 RECLASSIFICATION OF RENTAL EXPENSES 339,668 RECLASSIFICATION OF FUNDRAISING EVENT EXPENSES -127,670 RECLASSIFICATION OF RENTAL EXPENSES -339,668