Henry Morrison Flagler Museum

Organization Overview

Henry Morrison Flagler Museum is located in Palm Beach, FL. The organization was established in 1962. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Henry Morrison Flagler Museum employed 71 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Henry Morrison Flagler Museum 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 12/2023, Henry Morrison Flagler Museum generated $7.8m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $6.2m during the year ending 12/2023. 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 MISSION OF THE HENRY MORRISON FLAGLER MUSEUM IS TO PRESERVE AND INTERPRET WHITEHALL, HENRY FLAGLER'S LEGACY, AND AMERICA'S GILDED AGE, IN WAYS THAT INSPIRE EVERY GENERATION TO PERPETUATE AND EMULATE THE TRADITIONS AND VALUES THAT HAVE MADE AMERICA THE MOST PROSPEROUS AND GENEROUS NATION IN HISTORY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FLAGLER MUSEUM IS AN EDUCATIONAL INSTITUTION DEDICATED TO PRESERVING A NATIONAL HISTORIC LANDMARK AND ITS ASSOCIATED COLLECTIONS FOR FUTURE GENERATIONS. EACH YEAR ABOUT 90,000 INDIVIDUALS VISIT THE MUSEUM TO LEARN ABOUT FLORIDA HISTORY AND AMERICA'S GILDED AGE.


THE FLAGLER MUSEUM HOSTS ABOUT 4,000 NONPAYING SCHOOL CHILDREN EACH YEAR. CHILDREN ARE GIVEN THE OPPORTUNITY TO LEARN ABOUT FLORIDA HISTORY AND AMERICA'S GILDED AGE THROUGH DOCENT GUIDED SCHOOL GROUP TOURS.


THE MUSEUM FURTHER EDUCATES THE PUBLIC THROUGH TEMPORARY EXHIBITS, LECTURE SERIES, MUSIC SERIES, AN EXTENSIVE WEBSITE AND NUMEROUS PUBLICATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Kelly M Hopkins
President
$0
Gf Robert Hanke
Vice President
$0
William M Matthews
Treasurer
$0
Thomas S Kenan III
Secretary
$0
George Gregory Matthews
Trustee
$0
Richard M Krasno
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$956,050
Fundraising events$0
Related organizations$0
Government grants $386,316
All other contributions, gifts, grants, and similar amounts not included above$725,086
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,067,452
Total Program Service Revenue$3,003,165
Investment income $1,506,926
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $987,236
Net Income from Fundraising Events -$11,331
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $200,375
Miscellaneous Revenue$0
Total Revenue $7,789,054

Peer Organizations

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Henry Morrison Flagler Museum
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$7,789,054
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