Door County Maritime Museum & Lighthouse Preservation Society In
- Assets
- $12.4m
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 26
- Location
- Sturgeon Bay, WI
- Founding
- 02/1970
- Data as of
- 12/2021
- EIN
- 23-7054730
Organization Overview
Door County Maritime Museum & Lighthouse Preservation Society In is located in Sturgeon Bay, WI. The organization was established in 1970. 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 12/2021, Door County Maritime Museum & Lighthouse Preservation Society In employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Door County Maritime Museum & Lighthouse Preservation Society In 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, Door County Maritime Museum & Lighthouse Preservation Society In generated $3.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $1.4m during the year ending 12/2021. While expenses have increased by 0.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PRESERVE GREAT LAKES MARITIME HISTORY THROUGH INTERPRETIVE AND EDUCATIONAL OPPORTUNITIES.
Describe the Organization's Program Activity:
PROVIDED DOOR COUNTY WISCONSIN RESIDENTS AND TOURISTS WITH THREE MUSEUMS DEVOTED TO THE HISTORICAL PRESERVATION OF MARITIME HISTORY OF THE GREAT LAKES AND CONTINUE TO EDUCATE THE PUBLIC THROUGH VARIOUS PROGRAMS, SPECIAL EVENTS AND OTHER EDUCATIONAL OPPORTUNITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Osgood Executive Director | Officer | 40 | $96,662 |
Gary King Vice President | OfficerTrustee | 10 | $0 |
Terry Connelly President | OfficerTrustee | 10 | $0 |
John Asher Vice President | OfficerTrustee | 10 | $0 |
Bob Denoto Secretary | OfficerTrustee | 3 | $0 |
Alison Walker Treasurer | OfficerTrustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Boldt Company Construction Services For Tour Remodel | 12/30/21 | $1,300,000 |
Southern Custom Exhibits Exhibits For Tower Remodel | 12/30/21 | $767,090 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $46,091 |
| Fundraising events | $146 |
| Related organizations | $0 |
| Government grants | $216,841 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,272,109 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,535,187 |
| Total Program Service Revenue | $936,275 |
| Investment income | $21,854 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $103,538 |
| Net Income from Fundraising Events | $69,587 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $200,063 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,874,583 |
| 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. | $101,068 |
| Compensation of current officers, directors, key employees. | $20,214 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $477,028 |
| Pension plan accruals and contributions | $8,232 |
| Other employee benefits | $9,760 |
| Payroll taxes | $41,278 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,149 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,436 |
| Fees for services: Other | $20,649 |
| Advertising and promotion | $92,270 |
| Office expenses | $64,033 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $305,297 |
| Travel | $1,304 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $6,799 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $67,678 |
| Insurance | $44,974 |
| All other expenses | $10,083 |
| Total functional expenses | $1,400,896 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $781,887 |
| Savings and temporary cash investments | $707,307 |
| Pledges and grants receivable | $336,154 |
| Accounts receivable, net | $4,667 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $80,187 |
| Prepaid expenses and deferred charges | $35,089 |
| Net Land, buildings, and equipment | $9,578,529 |
| Investments—publicly traded securities | $907,087 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $12,430,907 |
| Accounts payable and accrued expenses | $312,990 |
| 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 | $1,535,199 |
| Unsecured mortgages and notes payable | $149,900 |
| Other liabilities | $0 |
| Total liabilities | $1,998,089 |
| Net assets without donor restrictions | $2,386,473 |
| Net assets with donor restrictions | $8,046,345 |
| 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 | $12,430,907 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Door County Maritime Museum & Lighthouse Preservation Society In has recieved totaling $631,421.
| Awarding Organization | Amount |
|---|---|
George Kress Foundation Green Bay, WI PURPOSE: CAPITAL CAMPAIGN | $500,000 |
Greater Green Bay Community Foundation Inc Green Bay, WI PURPOSE: ARTS & CULTURE PROGRAM SUPPORT | $120,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $6,200 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: CULTURE | $5,100 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $121 |
Endowment Analysis
| Beg. Balance | $847,519 |
| Earnings | $89,310 |
| Admin Expense | $4,436 |
| Net Contributions | $4,875 |
| Grants | $29,597 |
| Ending Balance | $907,671 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Adler Planetarium Chicago, IL | $62,060,707 | $24,242,958 |
Milwaukee Public Museum Inc Milwaukee, WI | $17,354,362 | $14,883,405 |
Historic Arnolds Park Inc Arnolds Park, IA | $45,905,371 | $12,228,274 |
Grand Rapids Public Museum Grand Rapids, MI | $9,797,722 | $8,206,945 |
Kalamazoo Aviation History Museum Portage, MI | $17,581,493 | $5,451,685 |
Museum Of African American History Detroit, MI | $6,150,822 | $7,565,645 |
Margaret Woodbury Strong Museum Charitable Trust Chicago, IL | $73,980,694 | $7,829,381 |
Peoria Riverfront Museum Peoria, IL | $12,190,456 | $4,223,811 |
Dusable Museum Of African American History Inc Chicago, IL | $17,602,670 | $3,496,098 |
Yankee Air Force Incorporated Belleville, MI | $14,568,941 | -$1,519,297 |
The Richard H Driehaus Museum Chicago, IL | $116,468,245 | $74,810,944 |
Genevieve And Donald S Gilmore Foundation Hickory Corners, MI | $0 | $3,411,516 |