Antique Boat Museum

Organization Overview

Antique Boat Museum is located in Clayton, NY. The organization was established in 1987. According to its NTEE Classification (A57) the organization is classified as: Science & Technology Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Antique Boat Museum employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Antique Boat 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 12/2021, Antique Boat Museum generated $5.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $2.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO COLLECT, PRESERVE, INTERPRET AND CELEBRATE BOATS AND RELATED ARTIFACTS TO ADVANCE PUBLIC UNDERSTANDING OF THE IMPORTANCE OF BOATING TO THE CULTURAL HISTORY OF NORTH AMERICA AND THE ST. LAWRENCE RIVER IN PARTICULAR.

Describe the Organization's Program Activity:

THE MISSION OF THE ANTIQUE BOAT MUSEUM IS STATED IN ITEM 1 OF PART III ABOVE. THE ANTIQUE BOAT MUSEUM WAS FOUNDED MORE THAN 50 YEARS AGO AND CURRENTLY OCCUPIES A 4.5 ACRE WATERFRONT CAMPUS IN CLAYTON, NEW YORK. ITS FACILITIES INCLUDE TEN BUILDINGS PROVIDING A TOTAL OF 29,000 SQUARE FEET OF EXHIBITION SPACE AND 33,000 SQUARE FEET OF PUBLIC PROGRAMMING, COLLECTION, STORAGE, ARCHIVES, LIBRARY AND ADMINISTRATIVE SPACE. IN ADDITION, THE ANTIQUE BOAT MUSEUM HAS TWO ADDITIONAL OFF-SITE STORAGE LOCATIONS, WITH A 20,000 SQUARE FOOT BOAT STORAGE FACILITY LOCATED ON EAST LINE ROAD IN CLAYTON AND A COMPLEX OF 13,000 SQUARE FEET AT BARTLETT POINT, BOTH OF WHICH ARE A SHORT DISTANCE FROM THE MAIN CAMPUS. THE ANTIQUE BOAT MUSEUM CURRENTLY HAS THE LARGEST COLLECTION OF FRESH WATER BOATS IN NORTH AMERICA AND ATTRACTS APPROXIMATELY 30,000 VISITORS EACH YEAR. THROUGH PUBLIC PROGRAMS, THE VAST COLLECTION, EXHIBITS, EVENTS AND THE ANTIQUE BOAT MUSEUM'S EDUCATIONAL PROGRAMMING AND OUTREACH, IT PROVIDES A CONNECTION NOT ONLY WITHIN THE COMMUNITY, BUT BETWEEN THE COMMUNITY AND VISITORS TO THE REGION. THIS PROVIDES A FOUNDATION FOR UNDERSTANDING AND APPRECIATING THE RICH HISTORY OF BOATING AND BOATING'S PLACE IN THE DEVELOPMENT OF THE REGION AND THE COUNTRY WHETHER FOR COMMERCIAL, PUBLIC OR PERSONAL PURPOSES. THIS HISTORY INCLUDES THE STORIES AND CULTURES OF THE PEOPLE WHO DESIGNED, BUILT, OWNED, SAILED AND MAINTAINED THESE VESSELS FROM THE EARLIEST TIMES TO THE PRESENT DAY. THE THREE LARGEST PROGRAM SERVICES IN TERMS OF EXPENSE ARE EDUCATION, COLLECTIONS AND EXHIBITS $830,185; DEVELOPMENT $244,364; AND MAINTENANCE AND OPERATIONS $343,604.


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Board, Officers & Key Employees

Name (title)Compensation
Rebecca Hopfinger
Executive Director
$121,925
Deborah Putnam
Controller, Former
$78,344
Kathleen Cross Stout
Trustee
$0
Andrew Mcnally V
Vice Chair
$0
Charles S Crow III
Chair
$0
William Cosgrove
Treasuerer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$668,326
Fundraising events$0
Related organizations$0
Government grants $153,482
All other contributions, gifts, grants, and similar amounts not included above$3,380,628
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,202,436
Total Program Service Revenue$454,241
Investment income $122,815
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $19,482
Net Gain/Loss on Asset Sales $469,853
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $54,928
Miscellaneous Revenue$0
Total Revenue $5,416,390

Grants Recieved

Over the last fiscal year, we have identified 22 grants that Antique Boat Museum has recieved totaling $169,309.

Awarding OrganizationAmount
Helen And Ritter Shumway Foundation

Dallas, TX

PURPOSE: UNRESTRICTED GENERAL

$40,000
Northern New York Community Foundation Inc

Watertown, NY

PURPOSE: PROGRAM SUPPORT

$30,962
Cleveland H Dodge Foundation Inc

New York, NY

PURPOSE: DODGE FAMILY MATCHING PROGRAM

$17,250
Central New York Community Foundation Inc

Syracuse, NY

PURPOSE: MEMBERSHIP & GENERAL SUPPORT

$15,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$11,147
The Council For Canadian American Relations Inc

New York, NY

PURPOSE: ART EDUCATION

$10,125
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$6,974,827
Earnings$1,048,059
Net Contributions$2,867,717
Other Expense$321,477
Ending Balance$10,569,126

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