HERRESHOFF MARINE MUSEUM: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- HERRESHOFF MARINE MUSEUM (EIN 23-7102744)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-11-27
- IRS object ID
- 201243329349300204
- Schema version
- 2011v1.2
- 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) |
|---|---|---|
| Timestamp | 2012-11-27T06:55:43-08:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALLAN SMITH CPA | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 56 N MAIN ST STE 410 | AddressLine1 |
| City | FALL RIVER | City |
| State | MA | State |
| ZIP Code | 02720 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237102744 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HERRESHOFF MARINE MUSEUM | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | HERR | NameControl |
| Phone | 4012535000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE BURNSIDE STREET | AddressLine1 |
| City | BRISTOL | City |
| State | RI | State |
| ZIP Code | 02809 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LAWRENCE D LAVERS | Name |
| Title | PRESIDENT AND COO | Title |
| Phone | 4012535000 | Phone |
| Date Signed | 2012-11-14 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ALLAN SMITH | Name |
| Phone | 5089460530 | Phone |
| Date Prepared | 2012-11-14 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | LAWRENCE D LAVERS | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE BURNSIDE STREET | AddressLine1 |
| City | BRISTOL | City |
| State | RI | State |
| ZIP Code | 02809 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 1114114 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.HERRESHOFF.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1971 | YearFormation |
| State Legal Domicile | RI | StateLegalDomicile |
| Activity Or Mission Description | INTERPRETATION OF THE HISTORY AND ACCOMPLISHMENTS OF THE HERRESHOFF MFG CO. AND THE AMERICA'S CUP. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 23 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 22 | NbrIndependentVotingMembers |
| Total Nbr Employees | 20 | TotalNbrEmployees |
| Total Nbr Volunteers | 100 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 556590 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 649088 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 395657 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 164215 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 398 | InvestmentIncomePriorYear |
| Investment Income Current Year | 43325 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 16801 | OtherRevenuePriorYear |
| Other Revenue Current Year | -33613 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 969446 | TotalRevenuePriorYear |
| Total Revenue Current Year | 823015 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 479044 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 380154 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 12000 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 92012 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 845870 | OtherExpensePriorYear |
| Other Expenses Current Year | 688622 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 1324914 | TotalExpensesPriorYear |
| Total Expenses Current Year | 1080776 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -355468 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -257761 | RevenuesLessExpensesCY |
| Total Assets BOY | 5361031 | TotalAssetsBOY |
| Total Assets EOY | 5103456 | TotalAssetsEOY |
| Total Liabilities BOY | 1660945 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 1721038 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 3700086 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 3382418 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE HERRESHOFF MARINE MUSEUM AND AMERICA'S CUP HALL OF FAME ARE | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 462438 | Expense |
| Revenue | 330344 | Revenue |
| Description | MUSEUM ACTIVITIES: 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 AN OPPORTUNITY TO EXPLORE THE WORLD'S LARGEST COLLECTION OF ANY ONE NAVAL ARCHITECT'S LIFE WORK. THE GENIUS OF THE HERRESHOFF BROTHERS IS UNSURPASSED WITH THEIR COMBINATION OF BUSINESS ACUMEN AND ENGINEERING EXCELLENCE. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 211466 | Expense |
| Revenue | 111553 | Revenue |
| Description | PROGRAM ACTIVITIES INCLUDING: THE SEAMANSHIP PROGRAM, LECTURES, THE MENTORSHIP PROGRAM IN CLASSIC BOAT MAINTENANCE, AND EDUCATIONAL PARTNERSHIP. THE MENTORSHIP 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. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 8290 | Expense |
| Revenue | 3842 | Revenue |
| Description | CLASSIC YACHT SYMPOSIUM: THESE EVENTS INCLUDE PRESENTATIONS ON SUBJECTS RELATIVE TO THE EXCELLENCE IN CLASSIC YACHT RESTORATION, REPLICATION, OR USE; ADAPTATION OF CLASSIC DESIGNS TO MODERN MATERIALS, AND TECHNICAL DETAILS OF RIGGING, FITTING, POWERING AND RATING RULES. THE EVENT'S PROCEEDINGS (THE ASSEMBLAGE OF PAPERS AND DISCUSSIONS PROVIDED DURING THE SYMPOSIUM AS WELL AS NOTEWORTY PAPERS NOT PRESENTED) ARE DISTRIBUTED TO THE HUNDREDS OF BUILDERS, DESIGNERS, OWNERS, AND ENTHUSIASTS WHO ATTEND | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 682194 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | true | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | true | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | false | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | true | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | true | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | true | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | true | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 20 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 20 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Form8899 Filed | true | Form8899Filed |
| Form1098 C Filed | true | Form1098CFiled |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 23 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 22 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | true | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | true | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | true | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | LYDIA BERGERON | NamePerson |
| Telephone Number | 4012535000 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE BURNSIDE STREET | AddressLine1 |
| City | BRISTOL | City |
| State | RI | State |
| ZIP Code | 02809 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (23 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| ALFRED G BISSET | ||||||||
| VICE CHAIRMAN | 2.00 | X | X | 0 | 0 | 0 | ||
| DAVID C BURNHAM | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| BERNARD GUSTIN | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| DAVID CURTIN | ||||||||
| DIRECTOR | 4.00 | X | 0 | 0 | 0 | |||
| JANICE G DAVISON | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| DAVID FORD | ||||||||
| CHAIRMAN | 3.00 | X | X | 0 | 0 | 0 | ||
| ERIC GOETZ | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| ELIZABETH GRANOFF | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| DAVID HIBBITT | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| HALSEY C HERRESHOFF | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| HALSEY C HERRESHOFF II | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| MARSHALL LAWSON | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| JOOP NAGTEGAAL | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| JAY REPASS | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| CHRISTOPHER RUTH | ||||||||
| DIRECTOR | 1 | X | ||||||
| MICHAEL WARREN | ||||||||
| TREASURER | 2 | X | X | |||||
| CHRISTOPHER WICK | ||||||||
| DIRECTOR | 1 | X | ||||||
| ANDREW TYSKA | ||||||||
| DIRECTOR | 1 | X | ||||||
| WILLIAM DYER JONES | ||||||||
| CEO | 40 | 62931 | 5606 | X | X | |||
| ROBERT YARO | ||||||||
| DIRECTOR | 1 | X | ||||||
| GEORGE LUCAS | ||||||||
| DIRECTOR | 1 | X | ||||||
| BRAD SHIPP | ||||||||
| DIRECTOR | 1 | X | ||||||
| LAWRENCE D LAVERS | ||||||||
| PRESIDENT & COO | 40 | X | 25436 | 1218 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 88367 | TotalReportableCompFromOrg |
| Total Other Compensation | 6824 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | false | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Membership Dues | 46736 | MembershipDues |
| All Other Contributions | 602352 | AllOtherContributions |
| Total Contributions | 649088 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn |
|---|---|---|
| MUSEUM ACTIVITIES | 611710 | 83747 |
| ADMISSIONS | 611710 | 44221 |
| WATERFRONT PROGRAMS | 611710 | 10745 |
| SAILING SCHOOL | 611600 | 17061 |
| MISCELLANOUS REVENUE | 900099 | 8441 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 164215 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -1906 | TotalRevenueColumn |
| Exclusion | -$1,906 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 115376 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 159310 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -43934 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -43934 | TotalRevenueColumn |
| Related Or Exempt Function Income | -43934 | RelatedOrExemptFunctionIncome |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 45231 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 45231 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 45231 | TotalRevenueColumn |
| Related Or Exempt Function Income | 45231 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 87312 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 85500 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 62799 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 24513 | TotalRevenueColumn |
| Exclusion | $24,513 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 54798 | GrossSalesOfInventory |
| Cost Of Goods Sold | 68990 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -14192 | TotalRevenueColumn |
| Related Or Exempt Function Income | -14192 | RelatedOrExemptFunctionIncome |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 823015 | TotalRevenueColumn |
| Related Or Exempt Function Income | 151320 | RelatedOrExemptFunctionIncome |
| Exclusion | $22,607 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 100958 | Total |
| Program Services | 13788 | ProgramServices |
| Management And General | 50249 | ManagementAndGeneral |
| Fundraising | 36921 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 242793 | Total |
| Program Services | 147334 | ProgramServices |
| Management And General | 71987 | ManagementAndGeneral |
| Fundraising | 23472 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11886 | Total |
| Program Services | 6080 | ProgramServices |
| Management And General | 3998 | ManagementAndGeneral |
| Fundraising | 1808 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24517 | Total |
| Program Services | 10820 | ProgramServices |
| Management And General | 9659 | ManagementAndGeneral |
| Fundraising | 4038 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17729 | Total |
| Program Services | 1781 | ProgramServices |
| Management And General | 15948 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 77023 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 77023 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12000 | Total |
| Fundraising | 12000 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 41154 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 36722 | ManagementAndGeneral |
| Fundraising | 4432 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3652 | Total |
| Program Services | 3652 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24426 | Total |
| Program Services | 7391 | ProgramServices |
| Management And General | 13677 | ManagementAndGeneral |
| Fundraising | 3358 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13865 | Total |
| Program Services | 4622 | ProgramServices |
| Management And General | 9243 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 55242 | Total |
| Program Services | 55242 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4919 | Total |
| Program Services | 3061 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 1858 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13056 | Total |
| Program Services | 13056 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 215987 | Total |
| Program Services | 210556 | ProgramServices |
| Management And General | 5431 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 38916 | Total |
| Program Services | 34916 | ProgramServices |
| Management And General | 4000 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| MISCELLANEOUS | 1136 | 1136 | 0 | 0 |
| OTHER MUSEUM ACTIVITIES | 22803 | 22803 | 0 | 0 |
| OTHER PROGRAM ACTIVITIES | 17474 | 17474 | 0 | 0 |
| DUES AND SUBSCRIPTIONS | 127 | 0 | 127 | 0 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 141113 | Total |
| Program Services | 128482 | ProgramServices |
| Management And General | 8506 | ManagementAndGeneral |
| Fundraising | 4125 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1080776 | Total |
| Program Services | 682194 | ProgramServices |
| Management And General | 306570 | ManagementAndGeneral |
| Fundraising | 92012 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33626 | BOY |
| EOY | 51382 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 132763 | BOY |
| EOY | 144679 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 189759 | BOY |
| EOY | 157717 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20824 | BOY |
| EOY | 11666 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25000 | BOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 98947 | BOY |
| EOY | 11786 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10250 | BOY |
| EOY | 10392 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 7177069 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 2704824 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4617822 | BOY |
| EOY | 4472245 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 142624 | BOY |
| EOY | 156200 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19081 | BOY |
| EOY | 13650 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 70335 | BOY |
| EOY | 73739 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5361031 | BOY |
| EOY | 5103456 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 349120 | BOY |
| EOY | 190103 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5725 | BOY |
| EOY | 5730 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 50000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1306100 | BOY |
| EOY | 1297411 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 177794 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1660945 | BOY |
| EOY | 1721038 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3122217 | BOY |
| EOY | 2834389 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 441019 | BOY |
| EOY | 395619 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 136850 | BOY |
| EOY | 152410 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3700086 | BOY |
| EOY | 3382418 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5361031 | BOY |
| EOY | 5103456 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -257761 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -59907 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 657464 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 900814 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1101216 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 556590 | CurrentTaxYearMinus1Year |
| Current Tax Year | 649088 | CurrentTaxYear |
| Total | 3865172 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 657464 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 900814 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1101216 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 556590 | CurrentTaxYearMinus1Year |
| Current Tax Year | 649088 | CurrentTaxYear |
| Total | 3865172 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 560521 | AmountsSubstContributorsTotal |
| Public Support Total170 | 3304651 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 254713 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 12280 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1107 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 398 | CurrentTaxYearMinus1Year |
| Current Tax Year | -1906 | CurrentTaxYear |
| Total | 266592 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 26218 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 8 | CurrentTaxYearMinus3Years |
| Total | 26226 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 4157990 | TotalSupport |
| Gross Receipts From Admissions Etc | 1984562 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.79480 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.81010 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
| Public Support Total509 | 0 | PublicSupportTotal509 |
| Public Support Percentage509 | 0 | PublicSupportPercentage509 |
| Investment Income Percentage | 0 | InvestmentIncomePercentage |
| Facts And Circumstances Test | EXPLANATION FOR OTHER INCOME : MISCELLANEOUS INCOME; OTHER INCOME PART II, LINE 10; DESCRIPTION: OTHER INCOME; 2007: 26218.; 2008: 8.; | FactsAndCircumstancesTest |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Collect Used For Loan Or Exch Prgrms | X | CollectUsedForLoanOrExchPrgrms |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 136850 | BeginningOfYearBalance |
| Contributions | 15560 | Contributions |
| Investment Earnings Or Losses | -1906 | InvestmentEarningsOrLosses |
| Other Expenditures | -1906 | OtherExpenditures |
| End Of Year Balance | 152410 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 135650 | BeginningOfYearBalance |
| Contributions | 1200 | Contributions |
| Investment Earnings Or Losses | 399 | InvestmentEarningsOrLosses |
| Other Expenditures | 399 | OtherExpenditures |
| End Of Year Balance | 136850 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 132073 | BeginningOfYearBalance |
| Contributions | 3577 | Contributions |
| End Of Year Balance | 135650 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.00000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 1.00000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.00000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 531385 | OtherCostOrOtherBasis |
| Book Value | 531385 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3352614 | OtherCostOrOtherBasis |
| Depreciation | 1515468 | Depreciation |
| Book Value | 1837146 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 13765 | OtherCostOrOtherBasis |
| Depreciation | 5974 | Depreciation |
| Book Value | 7791 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 583311 | OtherCostOrOtherBasis |
| Depreciation | 400164 | Depreciation |
| Book Value | 183147 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2695994 | OtherCostOrOtherBasis |
| Depreciation | 783218 | Depreciation |
| Book Value | 1912776 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 4472245 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DERIVATIVE LIABILITY | Description |
| Amount | $177,794 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 177794 | TotalOfAmounts |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Pt III Line 1a | THE COLLECTION, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTION SINCE THE ORGANIZATION'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. THE COLLECTION ARE ITEMS OF HISTORICAL SIGNIFICANCE THAT ARE HELD BY THE ORGANIZATION TO BE PRESERVED AND PROTECTED. SUCH COLLECTIONS, WHICH CONSIST OF YACHTS, DESIGNS, BOOKS, PHOTOS AND OTHER MEMORABILIA ARE MADE AVAILABLE TO THE GENERAL PUBLIC FOR STUDY AND VIEWING. PURCHASES OF COLLECTION ITEMS ARE RECORDED |
| Pt III Line 1a | AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR ACQUIRED, OR AS DECREASES IN TEMPORARILY RESTRICTED OR PERMANENTLY RESTRICTED NET ASSETS IF THE ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY THE DONOR. THE ORGANIZATION PROVIDES RESOURCES TO ENSURE THE COLLECTION IS PROTECTED AND PRESERVED IN ACCORDANCE WITH THE POLICIES OF THE AMERICAN ASSOCIATION OF MUSEUMS. |
| Pt III Line 4 | THE HERRSHOFF MARINE MUSEUM AND AMERICA'S CUP HALL OF FAME ARE DEDICATED TO THE EDUCATION AND INSPIRATION OF THE PUBLIC THROUGH THE PRESENTATION OF THE HISTORY AND INNOVATIVE WORK OF THE HERRESHOFF MANUFACTURING COMPANY AND THE AMERICA'S CUP COMPETITION. IT IS THE POLICY OF THE ORGANIZATION TO COLLECT AND PRESERVE OBJECTS, DOCUMENTARY MATERIALS, AND RELATED INTELLECTUAL PROPERTY THAT MAY BE USED FOR EXHIBITIONS, INTERPRETATION,RESEARCH, OR OTHER APPLICATIONS IN SUPPORT OF THE MISSION. THE OBLIGA |
| Pt X | THE ORGANIZATION RECORDS ITS TAX POSITIONS IN ACCORDANCE WITH FASB ACCOUNTING STANDARDS CODIFICATION NO. 740-10-25, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AS AMENDED BY ACCOUNTING STANDARDS UPDATE NO. 2009-06,IMPLEMENTATION GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AND DISCLOSURE AMENDMENTS FOR NONPUBLIC ENTITIES. THE ORGANIZATION DEEMS ITS NOT-FOR-PROFIT STATUS AND THE IDENTIFICATION AND REPORTING OF UNRELATED BUSINESS INCOME AND THE ALLOCATION OF RELATED EXPENSES TO THIS UNREL |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | true | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
Name Of Organization NameOfOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | IMPRIMA MANAGEMENT SERVICES INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | FUNDRAISING SUPPORT | Activity |
| Fundraiser Control Of Funds | false | FundraiserControlOfFunds |
| Gross Receipts | 25000 | GrossReceipts |
| Amount Retained By Contractor | 12000 | AmountRetainedByContractor |
| Net To Organization | 13000 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 25000 | TotalGrossReceipts |
| Total Retained By Contractors | 12000 | TotalRetainedByContractors |
| Total Net To Organization | 13000 | TotalNetToOrganization |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | 4Oth ANNIVERSARY GALA | NameOfEvent1 |
| Gross Receipts Event1 | 210440 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 143372 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 67068 | GrossRevenueEvent1 |
| Non Cash Prizes Event1 | 27870 | NonCashPrizesEvent1 |
| Food And Beverage Event1 | 26606 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 5097 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 14850 | OtherDirectExpensesEvent1 |
| Name Of Event2 | REGATTA/BULLSEYE | NameOfEvent2 |
| Gross Receipts Event2 | 11374 | GrossReceiptsEvent2 |
| Gross Revenue Event2 | 11374 | GrossRevenueEvent2 |
| Food And Beverage Event2 | 4685 | FoodAndBeverageEvent2 |
| Other Direct Expenses Event2 | 1067 | OtherDirectExpensesEvent2 |
| Gross Receipts Other Events | 11868 | GrossReceiptsOtherEvents |
| Gross Revenue Other Events | 11868 | GrossRevenueOtherEvents |
| Food And Beverage Other Events | 8290 | FoodAndBeverageOtherEvents |
| Entertainment Other Events | 1900 | EntertainmentOtherEvents |
| Other Direct Expenses Other Events | 2711 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 233682 | GrossReceiptsTotal |
| Charitable Contributions Total | 143372 | CharitableContributionsTotal |
| Gross Revenue Total Events | 90310 | GrossRevenueTotalEvents |
| Non Cash Prizes Total Events | 27870 | NonCashPrizesTotalEvents |
| Food And Beverage Total Events | 39581 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 6997 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 18628 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 93076 | DirectExpenseSummaryEvents |
| Net Income Summary | -2766 | NetIncomeSummary |
Schedule L IRS990ScheduleL
Loan Table LoanTable (3 entries)
| Purpose Of LoanPurposeOfLoan | Loan From OrganizationLoanFromOrganization | Original PrincipalOriginalPrincipalAmount | DefaultDefault | Approved By BoardApprovedByBoard | Written AgreementWrittenAgreement | Loan To OrganizationLoanToOrganization | Balance DueBalanceDue |
|---|---|---|---|---|---|---|---|
| WILLIAM DYER JONES | |||||||
| COMP. PACKAGE | X | $25,000 | false | true | true | ||
| DAVID FORD | |||||||
| WORKING CAPITAL LOAN | $25,000 | false | true | true | X | 25000 | |
| LINC MOSSOP | |||||||
| WORKING CAPITAL LOAN | $25,000 | false | true | true | X | 25000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 50000 | TotalBalanceDue |
Form990 Schedule L Part IV Form990ScheduleLPartIV (3 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| IMPRIMA MGNT SERVICES INC | |||
| KEY MANAGEMENT | 12000 | FUNDRAISING CONSULTANT | false |
| ERIK LAVERS | |||
| KEY MANAGEMENT | 9270 | EMPLOYEE | false |
| ELLIOTT GRANOFF | |||
| BOARD MEMBERSHIP | 2375 | EMPLOYEE | false |
Schedule M IRS990ScheduleM
Other Non Cash Contributions Table OtherNonCashContributionsTable (3 entries)
| DescriptionDescription | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues | Number Of ContributionsNumberOfContributions |
|---|---|---|---|
| FUNDRAISING SUPPORT | 29246 | ESTIMATE-FACE VALUE | |
| PROFESSIONAL SVC | 18599 | MARKET FAIR VALUE EST. | 420 |
| SOFTWARE | 13406 | MARKET VALUE EST. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGifts |
| Third Parties Used | true | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Pt I Line 32b | Form 990 | THE ORGANIZATION USES HERRESHOFF MARINE DESIGN FOR THE BROKERAGE |
| Pt I Line 32b | Form 990 | OF CERTAIN VESSELS. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (59 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Pt VI, Line 2 | HALSEY HERRESHOFF (BOARD DIRECTOR)AND HALSEY |
| Pt VI, Line 2 | HERRESHOFF II (BOARD DIRECTOR) ARE RELATED. |
| Pt VI, Line 4 | THE CORPORATE BY-LAWS WERE REVISED AND ADOPTED. |
| Pt VI, Line 6 | HERRESHOFF MARINE MUSEUM HAS MEMBERS WITH VOTING RIGHTS. |
| Pt VI, Line 6 | THERE IS AN ANNUAL MEETING EACH YEAR OF THE MEMBERSHIP FOR |
| Pt VI, Line 6 | THE ELECTION OF DIRECTORS TO SUCCEED THOSE WHOSE TERMS HAVE |
| Pt VI, Line 6 | EXPIRED AND FOR THE TRANSACTIONS OF SUCH OTHER BUSINESS AS MAY PROPERLY COME |
| Pt VI, Line 6 | BEFORE THE MEETING. EACH MEMBER HAS ONE VOTE WHICH MAY BE GIVEN IN PERSON |
| Pt VI, Line 6 | OR BY PROXY. EACH FAMILY OR GROUP MEMBERSHIP IS ONE VOTE. EACH FAMILY OR |
| Pt VI, Line 6 | GROUP MEMBERSHIP SHALL BE DEEMED TO BE ONE MEMBER AND SHALL COLLECTIVELY BE |
| Pt VI, Line 6 | ENTITLED TO ONE VOTE. THE CHAIRMAN OR PRESIDENT WILL REPORT ON THE |
| Pt VI, Line 6 | ACTIVITIES OF THE ORGANIZATION DURING THE PRECEDING FISCAL YEAR. THE TREASURER |
| Pt VI, Line 6 | WILL REPORT ON THE FISCAL CONDITION OF THE ORGANIZATION DURING THE PRECEDING |
| Pt VI, Line 6 | FISCAL YEAR. |
| Pt VI, Line 7a | HERRESHOFF MARINE MUSEUM HAS MEMBERS WITH VOTING RIGHTS. |
| Pt VI, Line 7a | THERE IS AN ANNUAL MEETING EACH YEAR OF THE MEMBERSHIP FOR |
| Pt VI, Line 7a | THE ELECTION OF DIRECTORS TO SUCCEED THOSE WHOSE TERMS HAVE |
| Pt VI, Line 7a | EXPIRED AND FOR THE TRANSACTION OF SUCH OTHER BUSINESS AS MAY PROPERLY COME |
| Pt VI, Line 7a | BEFORE THE MEETING. EACH MEMBER HAS ONE VOTE WHICH MAY BE GIVEN IN PERSON |
| Pt VI, Line 7a | OR BY PROXY. EACH FAMILY OR GROUP MEMBERSHIP IS ONE VOTE. EACH FAMILY OR |
| Pt VI, Line 7a | GROUP MEMBERSHIP SHALL BE DEEMED TO BE ONE MEMBER AND SHALL COLLECTIVELY BE |
| Pt VI, Line 7a | ENTITLED TO ONE VOTE. THE CHAIRMAN OR PRESIDENT WILL REPORT ON THE |
| Pt VI, Line 7a | ON THE ACTIVITIES OF THE MUSEUM DURING THE PRECEDING FISCAL YEAR. THE TREASURER |
| Pt VI, Line 7a | WILL REPORT ON THE FISCAL CONDITION OF THE MUSEUM DURING THE PRECEDING |
| Pt VI, Line 7a | FISCAL YEAR. |
| Pt VI, Line 7b | HERRESHOFF MARINE MUSEUM HAS MEMBERS WITH VOTING RIGHTS |
| Form 990, Part IX, Line 24f | PAYROLL PROCESSING 1859. 0. 1859. 0. DEVELOPMENT AND CULTIVATION 4125. 0. 0. 4125. BANK FEES 4872. 4000. 872. 0. PRINTING AND PUBLICATIONS 130257. 124482. 5775. 0. |
| Pt VI, Line 7b | THERE IS AN ANNUAL MEETING EACH YEAR OF THE MEMBERSHIP |
| Pt VI, Line 7b | FOR THE ELECTION OF DIRECTORS TO SUCCEED THOSE WHOSE TERMS HAVE |
| Pt VI, Line 7b | EXPIRED AND FOR THE TRANSACTION OF SUCH OTHER BUSINESS AS MAY PROPERLY COME |
| Pt VI, Line 7b | BEFORE THE MEETING. EACH MEMBER HAS ONE VOTE WHICH MAY BE GIVEN IN PERSON |
| Pt VI, Line 7b | OR BY PROXY. EACH FAMILY OR GROUP MEMBERSHIP SHALL BE |
| Pt VI, Line 7b | DEEMED TO ONE MEMBER AND SHALL COLLECTIVELY BE ENTITLED TO |
| Pt VI, Line 7b | ONE VOTE. THE CHAIRMAN OR PRESIDENT WILL REPORT ON THE ACTIVITIES |
| Pt VI, Line 7b | OF THE MUSEUM DURING THE PRECEDING FISCAL YEAR. THE TREASURER |
| Pt VI, Line 7b | WILL REPORT ON THE FISCAL CONDITION OF THE MUSEUM DURING THE |
| Pt VI, Line 7b | PRECEDING FISCAL YEAR. |
| Pt VI, Line 11a | THE CHIEF OPERATING OFFICER AND CHIEF FINANCIAL OFFICER |
| Pt VI, Line 11a | AND THE ORGANIZATION'S EXECUTIVE COMMITTEE ARE ASSIGNED |
| Pt VI, Line 11a | THE RESPONSIBILITY FOR THE REVIEW AND APPROVAL OF |
| Pt VI, Line 11a | ALL INFORMATION AND TAX FILINGS FOR THE FEDERAL GOVERNMENT |
| Pt VI, Line 11a | AND STATE OF RHODE ISLAND. |
| Pt VI, Line 12c | THE DIRECTORS PROVIDE SELF-DECLARATION OF POSSIBLE CONFLICTS |
| Pt VI, Line 12c | OF INTEREST AS PART OF THE ANNUAL MEETING RESPONSIBILITIES. |
| Pt VI, Line 12c | POTENTIAL CONFLICTS IDENTIFIED ARE REVIEWED AND APPROVED |
| Pt VI, Line 12c | IF APPROPRIATE AS A PART OF THE BOARD OF DIRECTORS' |
| Pt VI, Line 12c | ROUTINE RESPONSIBILITIES. |
| Pt VI, Line 15 | SALARIES ARE INFORMALLY REVIEWED AND APPROVED BY THE |
| Pt VI, Line 15 | BOARD OF DIRECTORS THROUGH THE REVIEW AND APPROVAL OF THE |
| Pt VI, Line 15 | OPERATING BUDGET ANNUALLY. |
| Pt VI, Line 19 | THE ORGANIZATION MAKES ALL FEDERAL AND STATE OF RHODE |
| Pt VI, Line 19 | ISLAND INFORMATION FILINGS, AND GOVERNING DOCUMENTS AVAILABLE |
| Pt VI, Line 19 | UPON FORMAL REQUEST. VARIOUS COMPANIES MAKE THESE FILING |
| Pt VI, Line 19 | AND THE AUDITED FINANCIAL STATEMENTS AVAILABLE. |
| Pt XI | LINE 5 : CHANGE IN NET ASSETS: |
| Pt XI | UNREALIZED LOSS ON INTEREST RATE SWAP $59,907 |
| Pt XII, Line 2c | THE FINANCE COMMITTEE AS A COMMITTEE OF THE BOARD OF |
| Pt XII, Line 2c | DIRECTORS, REVIEWS AND APPROVES THE AUDITOR SELECTION FOR |
| Pt XII, Line 2c | RECOMMENDATION TO THE FULL BOARD OF DIRECTORS. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HERRESHOFF MARINE MUSEUM CONDOMINIUM ASSOCIATION | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 BURNSIDE STREET | AddressLine1 |
| City | BRISTOL | City |
| State | RI | State |
| ZIP Code | 02809 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 263689010 | EIN |
| Primary Activity | REAL PROPERTY | PrimaryActivity |
| Legal Domicile State | RI | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HERRESHOFF MARINE MUSEUM | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Entity | C | TypeOfEntity |
| Share Of Total Income | 3404 | ShareOfTotalIncome |
| Share Of EOY Assets | 73739 | ShareOfEOYAssets |
| Percentage Ownership | 0.78000 | PercentageOwnership |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | true | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | true | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | true | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (3 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| HERRESHOFF MARINE MUSEUM CONDOMINIUM ASSOCIATION | ||
| n | 2000 | ESTIMATE |
| HERRESHOFF MARINE MUSEUM CONDOMINIUM ASSOCIATION | ||
| m | 500 | ESTIMATE |
| HERRESHOFF MARINE MUSEUM CONDOMINIUM ASSOCIATION | ||
| p | ACTUAL COST | |
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