Ocean City Historical Museum Inc
- Assets
- $276.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ocean City, NJ
- Founding
- 07/1966
- Data as of
- 12/2021
- 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 12/2021, Ocean City Historical Museum Inc generated $139.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $68.1k during the year ending 12/2021. 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
2021
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 | |
Albert Crescenzo Trustee | 5 | $0 | |
Elizabeth Bowman 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 | $94,282 |
| Total Program Service Revenue | $0 |
| Membership dues | $16,242 |
| Investment income | $7,366 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,093 |
| Other Revenue | $7,989 |
| Total Revenue | $139,426 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $31,116 |
| Professional fees and other payments to independent contractors | $3,250 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $782 |
| Other expenses | $32,905 |
| Total expenses | $68,053 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $252,932 |
| Other assets | $0 |
| Total assets | $276,165 |
| Total liabilities | $416 |
| Net assets or fund balances | $275,749 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Ocean City Historical Museum Inc has recieved totaling $8,783.
| Awarding Organization | Amount |
|---|---|
New Jersey Council For The Humanities Inc Camden, NJ PURPOSE: GENERAL SUPPORT | $7,500 |
Robert Wood Johnson Foundation Princeton, NJ PURPOSE: MATCHING GIFTS | $625 |
Robert Wood Johnson Foundation Princeton, NJ PURPOSE: MATCHING GIFTS | $625 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $33 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lower East Side Tenement Museum New York, NY | $36,923,048 | $8,687,426 |
Genesee Country Museum Mumford, NY | $24,289,826 | $5,606,616 |
Fenimore Art Museum New York, NY | $63,527,114 | $3,838,046 |
Farmers Museum Inc New York, NY | $82,300,614 | $4,849,865 |
The Long Island Museum Of American Art History & Carriages Stony Brook, NY | $25,489,639 | $2,528,641 |
Historical Society Of Delaware Wilmington, DE | $28,427,187 | $2,375,420 |
York County History Center York, PA | $25,136,771 | $4,285,749 |
Rosenbach Museum And Library Philadelphia, PA | $17,031,009 | $1,543,993 |
Sephardic Heritage Museum Inc New York, NY | $19,194,885 | $1,875,746 |
Fort Ligonier Association Ligonier, PA | $13,253,074 | $1,289,104 |
Old Fort Niagara Association Incorporated Youngstown, NY | $7,260,840 | $2,127,174 |
National Museum Of Industrial History Bethlehem, PA | $11,228,100 | $1,548,361 |