Bayshore Center At Bivalve Inc
- Assets
- $5.2m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 14
- Location
- Port Norris, NJ
- Founding
- 03/1990
- Data as of
- 12/2022
- EIN
- 22-3019683
Organization Overview
Bayshore Center At Bivalve Inc is located in Port Norris, NJ. The organization was established in 1990. 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 12/2022, Bayshore Center At Bivalve Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bayshore Center At Bivalve 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 12/2022, Bayshore Center At Bivalve Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $829.2k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCE THE UNDERSTANDING OF THE HUMAN IMPACT ON NEW JERSEY'S AQUATIC ENVIRONMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
BCB ACCOMPLISHES ITS MISSION THROUGH ITS EDUCATIONAL PROGRAMING AT THE BIVALVE CENTER, THROUGH COMMUNITY-BASED PROGRAMS NOT TIED TO THE CENTER, AND ON BOARD THE HISTORIC SCHOONER AJ MEERWALD. BCB'S COMMUNITY-BASED PROGRAMS INCLUDE BUT ARE NOT LIMITED TO EDUCATIONAL PROGRAMS HELD IN SCHOOLS, LIBRARIES, PARKS, AND OTHER PUBLIC SPACES. BCB PARTNERS WITH LIKE-MINDED ORGANIZATIONS TO PROVIDE EDUCATIONAL BCB MAINTAINS A SIGNIFICANT COLLECTION OF PHOTOGRAPHS, ARTIFACTS, AND PROGRAMS AROUND THE MID-ATLANTIC REGION INCLUDING HISTORICAL SOCIETIES, MUSEUMS, CIVIC CLUBS, AND OTHER NONPROFITS. BCB'S MOST UNIQUE AND MOST POPULAR EDUCATIONAL PROGRAMING IS ABOARD THE AJ MEERWALD, ON WHICH PASSENGERS LEARN ABOUT THE HISTORY OF THE REGION AND THE HUMAN IMPACT ON IT. THROUGH THESE EDUCATIONAL PROGRAMS, BCB EDUCATES OVER 2,000 CHILDREN AND NEARLY 4,000 ADULTS EACH YEAR ON THE HUMAN IMPACT ON THE ENVIRONMENT USING HISTORY AS A GUIDE.
BCB MAINTAINS A SIGNIFICANT COLLECTION OF PHOTOGRAPHS, ARTIFACTS, AND EPHEMERA DOCUMENTING AND PRESERVING THE HISTORY OF THE DELAWARE BAY. THE FOLKLIFE CENTER PRESENTS PROGRAMS AND CONDUCTS RESEARCH INCLUDING AN ORAL HISTORY PROJECT THAT IS CAPTURING BAYSHORE STORIES AND SHARING THEM WITH THE BROADER COMMUNITY. THE RESTORED 1904 BIVALVE SHIPPING SHEDS (ON THE NATIONAL REGISTER OF HISTORIC PLACES) SERVE AS THE CENTERPIECE OF THE MUSEUM AND INTERPRET THE INCREDIBLE IMPORTANCE OF OYSTERS TO THE SOUTH JERSEY REGIONAL ECONOMY AND DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Candace Faunce CFO | OfficerTrustee | 20 | $57,113 |
Brian Keenan Former Execu | OfficerTrustee | 20 | $53,833 |
John Brady Acting Inter | Trustee | 2 | $0 |
Eliza Braunstein Trustee | Trustee | 2 | $0 |
Austin Fragomen Vice Chair O | OfficerTrustee | 2 | $0 |
Nils Herdelin Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $7,300 |
| Related organizations | $0 |
| Government grants | $546,558 |
| All other contributions, gifts, grants, and similar amounts not included above | $705,485 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,259,343 |
| Total Program Service Revenue | $24,289 |
| Investment income | -$21 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $888 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$803 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $8,016 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,291,712 |
| 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. | $110,946 |
| Compensation of current officers, directors, key employees. | $84,030 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $194,513 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,249 |
| Payroll taxes | $30,061 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $36,129 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $37,575 |
| Advertising and promotion | $2,116 |
| Office expenses | $13,256 |
| Information technology | $13,976 |
| Royalties | $0 |
| Occupancy | $21,647 |
| Travel | $14,011 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,503 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $181,130 |
| Insurance | $52,793 |
| All other expenses | $5,955 |
| Total functional expenses | $829,224 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $124,187 |
| Savings and temporary cash investments | $21,565 |
| Pledges and grants receivable | $4,242 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,245 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $5,071,231 |
| Investments—publicly traded securities | $4,310 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,231,780 |
| Accounts payable and accrued expenses | $130,918 |
| 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 | $0 |
| Secured mortgages and notes payable | $693,133 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $824,051 |
| Net assets without donor restrictions | $4,407,729 |
| Net assets with donor restrictions | $0 |
| 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 | $5,231,780 |