Hingham Maritime Center Inc

Organization Overview

Hingham Maritime Center Inc is located in Hingham, MA. The organization was established in 1971. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, under the broad grouping of Recreation & Sports and related organizations. As of 09/2023, Hingham Maritime Center Inc employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hingham Maritime Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 09/2023, Hingham Maritime Center Inc generated $381.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $419.0k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION PROVIDES EDUCATION IN SAILING, ROWING AND WATER SAFETY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION PROVIDES EDUCATION IN SAILING, ROWING AND WATER SAFETY TO INDIVIDUALS OF ALL AGES.


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Board, Officers & Key Employees

Name (title)Compensation
Liza Mackinnon
President
$0
Tom Curtis
Vice President
$0
Marnie Owens
Treasurer
$0
Nancy Kerber
Secretary
$0
Tim Bradi
Trustee
$0
Jay Brasseur
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$25,118
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$46,897
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$72,015
Total Program Service Revenue$311,869
Investment income $648
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$5,732
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $380,955

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