Ocean City Historical Museum Inc
- Assets
- $303.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ocean City, NJ
- Founding
- 07/1966
- Data as of
- 12/2022
- EIN
- 22-6073474
Organization Overview
Ocean City Historical Museum Inc is located in Ocean City, NJ. The organization was established in 1966. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ocean City Historical 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 12/2022, Ocean City Historical Museum Inc generated $124.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $82.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
OPERATING AND MAINTAINING A LOCAL HISTORICAL MUSEUM IN ORDER TO EDUCATE THE PUBLIC AND PERSERVE OCEAN CITY NEW JERSEY'S HISTORY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Cooper Secretary | 5 | $0 | |
Elizabeth Bowman Trustee | 5 | $0 | |
Albert Crescenzo Trustee | 5 | $0 | |
Victor Daniel Trustee | 5 | $0 | |
Carol Dotts Treasurer | 5 | $0 | |
Jay Gillian Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $88,140 |
| Total Program Service Revenue | $0 |
| Membership dues | $15,032 |
| Investment income | $8,528 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,469 |
| Other Revenue | $0 |
| Total Revenue | $124,763 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $35,970 |
| Professional fees and other payments to independent contractors | $4,464 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $174 |
| Other expenses | $41,598 |
| Total expenses | $82,206 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $281,496 |
| Other assets | $0 |
| Total assets | $303,108 |
| Total liabilities | $591 |
| Net assets or fund balances | $302,517 |