Hull Lifesaving Museum Inc
- Assets
- $1.1m
- Revenue
- $384.8k
- Investments
- $0.0
- Employees
- 17
- Location
- Hull, MA
- Founding
- 11/1981
- Data as of
- 06/2023
- EIN
- 04-2738797
Organization Overview
Hull Lifesaving Museum Inc is located in Hull, MA. The organization was established in 1981. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Hull Lifesaving Museum Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hull Lifesaving Museum 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 06/2023, Hull Lifesaving Museum Inc generated $384.8k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $441.6k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
MUSEUM EXHIBITS, LECTURES AND CHILDREN'S PROGRAMS AND ON THE WATER PROGRAMMING FOR ADULTS AND UNDERSERVED BOSTON YOUTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MUSEUM MEMORIALIZES AND CELEBRATES THE LIFESAVING CREWS OF HULL, BRINGING TO LIFE THEIR DEEDS OF SELFLESSNESS AND SEAMANSHIP THAT DURING THE FINAL DECADES OF THE AGE OF THE SAIL, SAVED OVER 1,000 SHIPWRECKED MARINERS ON THE SHORES OF HULL AND COHASSET. THE MUSEUM IS OPEN YEAR-ROUND, PRESENTING A PERMANENT EXHIBIT INCLUDING THE ORIGINAL 1889 LIFESAVING BOAT "NANTASKET", THREE VISITING EXHIBITS EACH YEAR, MONTHLY LECTURE SERIES, AN ANNUAL ART SHOW AND A SUMMER CHILDREN'S PROGRAM. DRAMATICALLY LOCATED AT THE MOUTH OF BOSTON HARBOR FACING BOSTON LIGHT, THE STATION IS THE SITE OF THE GREATEST NUMBER OF RESCUES FROM SHIPWRECK IN THE COUNTRY AND HOSTS 12,000 VISITORS PER YEAR.
HOME WATERS PROGRAM: BOSTON AND SOUTH SHORE-BASED OPEN WATER ROWING AND EXPERIENTIAL LEARNING PROGRAMS BASED ON HLM'S FLEET OF TRADITIONAL COXED FOUR AND SIX OAR PILOT GIGS, IMMERSES HUNDREDS OF ADULTS AND CHILDREN YEAR IN THE VALUES AND SKILLS OF THE 19TH CENTURY LIFESAVERS. OPERATIONS INCLUDE FREE ROWING PROGRAMS FOR BOSTON PUBLIC SCHOOL STUDENTS AND ADULT MEMBERSHIP ROWING IN HULL AND BOSTON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Macintyre President | OfficerTrustee | 6 | $0 |
Chad Wolfe Treasurer | OfficerTrustee | 5 | $0 |
Dolly Snow Bicknell Clerk | OfficerTrustee | 5 | $0 |
Nowell Bloomenthal Vice President | OfficerTrustee | 5 | $0 |
Sean Baggett Board Member | Trustee | 2 | $0 |
Brian Stanley Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $20,131 |
| Related organizations | $0 |
| Government grants | $84,998 |
| All other contributions, gifts, grants, and similar amounts not included above | $140,127 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $245,256 |
| Total Program Service Revenue | $110,992 |
| Investment income | $1,363 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $22,804 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $4,409 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $384,824 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $75,200 |
| Compensation of current officers, directors, key employees. | $7,520 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $165,038 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $20,833 |
| Fees for services: Management | $705 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,394 |
| Office expenses | $8,459 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,831 |
| Travel | $864 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,860 |
| Insurance | $28,583 |
| All other expenses | $1,736 |
| Total functional expenses | $441,588 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $80,704 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,980 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $159,916 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $870,806 |
| Total assets | $1,115,406 |
| Accounts payable and accrued expenses | $8,767 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $77,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $85,767 |
| Net assets without donor restrictions | $85,781 |
| Net assets with donor restrictions | $943,858 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,115,406 |