2013-01-07T16:07:22-06:00 2012-04-30 TOAL GRIFFITH & AYERS LLC 200 HARRY S TRUMAN PKWY STE 300 ANNAPOLIS MD 214017479 990 2011-05-01 237051889 CHESAPEAKE BAY MARITIME MUSEUMINC CHES 4107452916 213 N TALBOT STREET ST MICHAELS MD 216630636 JEAN BROOKS 4107452916 2012-12-20 JEFFREY S GRIFFITH CPA 4102240343 2013-01-07 2011 2016-03-07 17:11:31Z CG APPLEBYCHAIR 213 N TALBOT STREET ST MICHAELS MD 216630636 9986058 false X WWW.CBMM.ORG X 1965 MD THE MISSION OF THE CHESAPEAKE BAY MARITIME MUSEUM IS TO INSPIRE AN UNDERSTANDING OF AND APPRECIATION FOR THE RICH MARITIME HERITAGE OF THE CHESAPEAKE BAY AND ITS TIDAL REACHES, TOGETHER WITH THE ARTIFACTS, CULTURES, AND CONNECTIONS BETWEEN THIS PLACE AND ITS PEOPLE. 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 VISITO 26 25 65 249 109571 -85715 1567360 2062425 836301 1002927 390919 987387 156924 163307 2951504 4216046 12500 3950 0 1452234 1677560 2902 13089 268818 2010104 2015794 3477740 3710393 -526236 505653 23189678 22759245 2265426 2445525 20924252 20313720 X THE MISSION OF THE CHESAPEAKE BAY MARITIME MUSEUM IS TO INSPIRE AN UNDERSTANDING OF AND APPRECIATION FOR THE RICH MARITIME HERITAGE OF THE CHESAPEAKE BAY AND ITS TIDAL REACHES, TOGETHER WITH THE ARTIFACTS, CULTURES, AND CONNECTIONS BETWEEN THIS PLACE AND ITS PEOPLE. 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 VISITO false false 2943190 3950 1002927 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 50,000 MEMBERS AND VISITORS HAILING FROM THE U.S. AND ABROAD PARTICIPATED IN THE MUSEUM EXPERIENCE DURING FYE 4/30/12. VOLUNTEERS PROVIDED OVER 24,000 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. 2943190 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 false false false false false false false false false true false false false false false false false false false true 35 0 true 65 true true true false false false true true true true false false false false true false X 26 25 false false false false false true false true true false false true true true true true true false false false MD X X JEAN BROOKS VP OF FINANCE 4107452916 PO BOX 636 STMICHAELS MD 21663 C G APPLEBY 1.00 X X 0 0 0 WILLIAM S DUDLEY 1.00 X 0 0 0 ALAN R GRIFFITH 1.00 X X 0 0 0 CHRISTOPHER A HAVENERJR 1.00 X 0 0 0 FRANCIS HOPKINSON JR 1.00 X 0 0 0 REV MARK S NESTLEHUTT 1.00 X X 0 0 0 JOSEPH E PETERS 1.00 X X 0 0 0 TOM D SEIP 1.00 X X 0 0 0 ALFRED TYLER 1.00 X 0 0 0 RICHARD T ALLEN 1.00 X 0 0 0 PAUL BERRY 1.00 X 0 0 0 RICHARD J BODORFF 1.00 X 0 0 0 HARRY W BURTON 1.00 X 0 0 0 FREDERIC N CROSS 1.00 X 0 0 0 MARGARET DKELLER 1.00 X 0 0 0 DAVID E DUNN 1.00 X 0 0 0 JOCELYN W EYSYMONTT 1.00 X 0 0 0 HOWARD S FREEDLANDER 1.00 X 0 0 0 DAGMAR GIPE 1.00 X 0 0 0 JAMES P HARRIS 1.00 X 0 0 0 HON JOHN C NORTH II 1.00 X 0 0 0 PAMELA JANA 1.00 X 0 0 0 CHARLES L LEA JR 1.00 X 0 0 0 BENJAMIN TILGHMAN JR 1.00 X 0 0 0 E BROOKE HARWOOD JR 1.00 X 0 0 0 RICHARD C TILGHMAN JR 1.00 X 0 0 0 R DOUGLAS JURRIUS 1.00 X 0 0 0 BREENE M KERR 1.00 X 0 0 0 RICHARD H KIMBERLY 1.00 X 0 0 0 PETER M KREINDLER 1.00 X 0 0 0 TED LEWERS 1.00 X 0 0 0 FRED C MEENDSEN 1.00 X 0 0 0 WILLIAM C MILLAR 1.00 X 0 0 0 GEOFFREY F OXNAM 1.00 X 0 0 0 SUMNER PARKER 1.00 X 0 0 0 ROBERT A PERKINS 1.00 X 0 0 0 JAMES K PETERSON 1.00 X 0 0 0 NORMAN H PLUMMER 1.00 X 0 0 0 LANGLEY RSHOOK 40.00 X 123432 0 0 BRUCE A RAGSDALE 1.00 X 0 0 0 JOHN J ROBERTS 1.00 X 0 0 0 HENRY H SPIRE 1.00 X 0 0 0 HENRY STANSBURY 1.00 X 0 0 0 JAMES E THOMAS 1.00 X 0 0 0 BARBARA VINIAR 1.00 X 0 0 0 ANNA WFICHTNER 1.00 X 0 0 0 JOAN DARBY WEST 1.00 X 0 0 0 DONALD G WHITCOMB 1.00 X 0 0 0 123432 1 false false false HI-TIDE MARINE CONSTRUCTION INC 4505 PUBLIC LANDING SNOW HILL MD 21863 DESIGN & INSTAL 431367 1 173727 230572 1658126 377103 2062425 GENERAL ADMISSIONS 712110 506842 506842 MEMBERSHIP DUES 712110 421522 421522 EDUCATIONAL PROGRAMS 712110 74563 74563 1002927 373760 373760 186734 210826 -24092 -24092 -24092 5832819 89987 5213419 95760 619400 -5773 613627 613627 131729 173727 131729 251941 118278 133663 133663 OTHER INCOME 900099 28732 28732 CHANGES IN VALUE OF SPLIT INT 900099 25004 25004 53736 4216046 1670290 109571 373760 3950 3950 123432 98436 21277 3719 1375564 1097003 237112 41449 49734 37395 8938 3401 4350 4350 124480 87291 30179 7010 4802 4802 20850 20850 13089 13089 38983 38983 14437 25 14412 82663 69186 13477 237516 147723 31453 58340 134316 128634 3551 2131 8215 2498 5613 104 37977 37977 798449 760603 18923 18923 198755 177161 10392 11202 EXHIBIT 115418 115418 PROGRAMS 112000 112000 MISCELLANEOUS 103187 52538 10426 40223 SPECIAL EVENTS 47470 47470 60756 48979 3497 8280 3710393 2943190 498385 268818 28459 44260 852787 1216638 853584 866987 33154 17040 124085 102722 75791 37397 20706584 9527778 11472841 11178806 9748977 9295395 23189678 22759245 172497 286805 92929 158720 2000000 2000000 2265426 2445525 X 9492204 9302867 2394269 1908253 9037779 9102600 20924252 20313720 23189678 22759245 X 505653 -1116185 X false true true X false X 2460825 1875685 1825839 1567360 2044110 9773819 855983 803176 765538 1089764 1206707 4721168 3316808 2678861 2591377 2657124 3250817 14494987 544290 263289 519908 308726 483223 2119436 544290 263289 519908 308726 483223 2119436 12375551 1596934 -2181573 197682 270518 373760 257321 1596934 -2181573 197682 270518 373760 257321 4913742 497288 2789059 2927642 3624577 14752308 0.83890 0.75640 0.02000 0.06000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false X 1 1 1 false false X X X false false false 11500151 140706 -116847 496340 11027670 10723488 98208 1239006 560551 11500151 9490535 137693 1585821 490561 10723488 0.11210 0.77340 0.11450 false false false 808151 808151 12534687 4884672 7650015 554499 555620 -1121 6809247 4087486 2721761 11178806 4216046 3710393 505653 -1116185 -1116185 -610532 3442416 -1116185 342555 -773630 4216046 4216046 4052948 342555 342555 3710393 3710393 ACCOUNTING FOR CONSERVATION EASEMENTS 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 AS OF 4/30/12. INTENDED USES FOR ENDOWMENT FUNDS 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. LIABILITY UNDER FIN 48 FOOTNOTE SCHEDULE D, PAGE 3, PART X THE MUSEUM ADOPTED FASB ASC 740, WHICH PRESENTED A COMPREHENSIVE MODEL FOR HOW AN ENTITY SHOULD MEASURE, RECOGNIZE, PRESENT AND DISCLOSE IN ITS FINANCIAL STATEMENTS UNCERTAIN TAX POSITIONS THAT THE MUSEUM HAS TAKEN OR EXPECTS TO TAKE ON A TAX RETURN AS OF MAY 1, 2009. UNDER THIS STANDARD, THE MUSEUM RECOGNIZES THE TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. FOR THE YEARS ENDED APRIL 30, 2012 AND 2011, THE MUSEUM HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10 AND DETERMINED THAT NO MATERIAL UNCERTAIN POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE MUSEUM'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY THE IRS AND MARYLAND. THE MUSEUM'S OPEN AUDIT PERIODS ARE 2009-2011. RECONCILIATION OF CHANGES - OTHER SCHEDULE D, PAGE 4, PART XI, LINE 8 SPECIAL EVENT, NETTED ON RETURN 131,729 RENTAL EXPENSES, NETTED ON RETURN 210,826 SPECIAL EVENT, NETTED ON RETURN -131,729 RENTAL EXPENSES, NETTED ON RETURN -210,826 REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XII, LINE 2D SPECIAL EVENT, NETTED ON RETURN 131,729 RENTAL EXPENSES, NETTED ON RETURN 210,826 EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XIII, LINE 2D SPECIAL EVENT, NETTED ON RETURN 131,729 RENTAL EXPENSES, NETTED ON RETURN 210,826 BOATING PARTY 305456 173727 131729 28713 71028 12400 19588 305456 173727 131729 28713 71028 12400 19588 131729 X 81 333252 SELLING PRICE OF DONATION X 5 43851 SELLING PRICE OF DONATION false true false ORGANIZATION'S MISSION FORM 990 - ORGANIZATION'S MISSION THE MISSION OF THE CHESAPEAKE BAY MARITIME MUSEUM IS TO INSPIRE AN UNDERSTANDING OF AND APPRECIATION FOR THE RICH MARITIME HERITAGE OF THE CHESAPEAKE BAY AND ITS TIDAL REACHES, TOGETHER WITH THE ARTIFACTS, CULTURES, AND CONNECTIONS BETWEEN THIS PLACE AND ITS PEOPLE. 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. ELECTION OF MEMBERS AND THEIR RIGHTS FORM 990, PAGE 6, PART VI, LINE 7A THE BOARD OF GOVERNORS, WHO ARE ALSO MEMBERS, ARE THE ONLY BODY THAT HAS THE AUTHORITY TO ELECT NEW GOVERNORS. ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11B A DRAFT OF FORM 990 IS PROVIDED BY THE ORGANIZATION'S RETURN PREPARER TO THE ORGANIZATION'S VICE PRESIDENT OF FINANCE WHO REVIEWS THE DRAFT ALONG WITH THE BOARD AND FORWARDS ANY CHANGES TO THE PREPARER. ENFORCEMENT OF CONFLICTS POLICY FORM 990, PAGE 6, PART VI, LINE 12C BOARD MEMBERS ARE REQUIRED ONCE A YEAR TO COMPLETE A CONFLICT OF INTEREST FORM DISCLOSING ANY RELATIONSHIPS WITH THE MUSEUM, NEW BOARD MEMBERS AND KEY EMPLOYEES ARE ALSO REQUIRED TO COMPLETE THIS FORM. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 ITEMS MENTIONED IN LINE 19 ARE AVAILABLE UPON REQUEST. ANNUAL REPORT IS ON THE ORGANIZATION'S WEBSITE. OTHER CHANGES IN NET ASSETS EXPLANATION FORM 990, PART XI, LINE 5 THE OTHER CHANGE IN NET ASSETS OR FUND BALANCE IS DUE TO THE UNREALIZED LOSS OF -1,116,185.