Connecticut River Foundation At Steamboat Dock Inc is located in Essex, CT. The organization was established in 1974. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Connecticut River Foundation At Steamboat Dock Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Connecticut River Foundation At Steamboat Dock 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 06/2022, Connecticut River Foundation At Steamboat Dock Inc generated $1.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $1.0m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE CONNECTICUT RIVER MUSEUM'S MISSION IS TO DEEPEN APPRECIATION OF THE RIVER'S HISTORY AND TO INSPIRE ITS STEWARDSHIP BY PROVIDING UNIQUE EDUCATIONAL AND RECREATIONAL EXPERIENCES TO DIVERSE AUDIENCES.
Describe the Organization's Program Activity:
MUSEUM PROGRAMS CRM OWNS BEAUTIFUL BULK HEADED RIVERFRONT PROPERTY IN ESSEX, CONNECTICUT UPON WHICH ARE THREE HISTORIC BUILDINGS HOUSING EXHIBITION GALLERIES, A RESEARCH LIBRARY, A MUSEUM SHOP, MEETING/EDUCATION PROGRAM SPACE AND ADMINISTRATIVE OFFICES. ALONG OUR RIVERFRONT ARE DOCKS TO WHICH ARE MOORED OUR THREE VESSELS. WE SERVE A BROAD AND DIVERSE AUDIENCE NUMBERING NEARLY 25,000 PER YEAR, BY PROVIDING UNIQUE PROGRAMS ON LAND, ONLINE AND ON THE WATER. THE MUSEUM OFFERS A ROBUST ARRAY OF EXHIBITIONS AND PUBLIC PROGRAMS THROUGHOUT THE YEAR INSPIRED BY OUR COLLECTION, THE RIVER'S STORIED HISTORY AND OUR LOCATION. ON VIEW INSIDE OUR HISTORIC MUSEUM BUILDING (BUILT IN 1878 AS A WAREHOUSE AND STORE SERVING THE STEAMBOAT TRADE BETWEEN HARTFORD AND NEW YORK FOR THE FOLLOWING 50+ YEARS) ARE TWO FLOORS OF CAREFULLY CURATED INFORMATIVE INSTALLATIONS OF OUR PERMANENT COLLECTION INCLUDING FINE ART, ARTIFACTS, AND INTERACTIVE DISPLAYS. MOST POPULAR IS THE WORKING REPLICA OF THE FIRST SUBMARINE, THE TURTLE, WHEREIN VISITORS MAY EXPERIENCE CLOSE QUARTERS AND THE IDEA OF BEING SUBMERGED. SPECIAL EXHIBITIONS ON OUR THIRD FLOOR TELL STORIES ABOUT THE RIVER THAT MAY BE UNFAMILIAR BUT NONETHELESS ENGAGING FOR VISITORS OF ALL AGES SUCH AS OUR MOST RECENT EXHIBITION, SPEED. THIS EXHIBITION EXPLORED THE HISTORY OF HYDROPLANING ON THE CONNECTICUT RIVER AND ENLIGHTENED VISITORS ABOUT THE EXTRAORDINARY WOMEN WHO SUCCESSFULLY RACED. OUTSIDE ON OUR LAWNS AND DOCKS, VISITORS MAY ATTEND NUMEROUS EVENTS SUCH AS THE BURNING OF THE SHIPS (WITH MANY LOCAL FIFE AND DRUM CORPS, CELEBRATING THE BRITISH RAID ON ESSEX IN 1814); CONQUER THE CURRENT (A 10-MILE PADDLE RACE FROM HADDAM TO ESSEX); DOGS ON THE DOCK (CANINE CAPERS); TREES IN THE RIGGING TOWN-WIDE HOLIDAY CELEBRATION; INDIGENOUS PEOPLES DAY (A DAY-LONG EDUTAINMENT EXPERIENCE PRESENTED IN PARTNERSHIP WITH THE ESSEX HISTORICAL SOCIETY AND THE ABENAKI AND NEHANTIC TRIBES); AND, LIVE MUSICAL PROGRAMS SUCH AS SHANTIES AND SAILS AND THURSDAYS ON THE DOCK. OUR PROGRAMS ARE LARGELY FREE TO AND OPEN TO THE PUBLIC. THE MUSEUM IS STAFFED BY 6 FULL-TIME AND 8 PART-TIME PROFESSIONALS, PLUS SEASONAL BOAT CREW, AND IS GOVERNED BY UP TO 23 TRUSTEES. ADDITIONAL HUMAN RESOURCES ARE PROVIDED BY UPWARDS OF 40 ADDITIONAL VOLUNTEERS WHO PROVIDE DEDICATED SERVICE ACROSS A BROAD ARRAY OF NEEDED SKILLS.
WATERFRONT PROGRAMS ON THE RIVER THE MUSEUM HAS A FIXED PIER AS WELL AS FLOATING DOCKS TO WHICH ARE MOORED THREE VESSELS: A 30-PASSENGER RECREATION OF ADRIAEN BLOCK'S 17TH CENTURY VESSEL OF TRADE AND EXPLORATION CALLED THE ONRUST; A 50-PASSENGER RESEARCH VESSEL CALLED RIVERQUEST; AND A UTILITY BOAT. THE MUSEUM SECURED OWNERSHIP OF ONRUST IN 2021 AND PROVIDES NARRATED EXCURSIONS ON THE RIVER IN-SEASON. IN 2022, THE MUSEUM ACQUIRED RIVERQUEST WHICH OPERATES A FULL SUMMER SEASON OF NARRATED RIVER TRIPS AND A WINTER TRIP SCHEDULE FOR WATCHING AMERICAN BALD EAGLES AND OTHER BIRD LIFE. THE MUSEUM OFFERS SEVERAL THEMED CRUISES PER YEAR ONBOARD RIVERQUEST AND ONRUST FOR CELEBRATORY OCCASIONS SUCH AS MOTHER'S DAY, FATHER'S DAY, AND JUNETEENTH. FINALLY, THE MUSEUM OWNS A 24' ALUMINUM WORK BOAT USED IN EDUCATIONAL PROGRAMMING, ENVIRONMENTAL STUDY AND WATERFRONT UTILITY. OUR VESSELS ARE WELL-UTILIZED TO PROVIDE OPPORTUNITIES FOR LEISURE AND LEARNING, HAVING SERVED ABOUT 8500 PASSENGERS DURING THE SPRING AND SUMMER 2022 SEASONS.
EDUCATIONAL PROGRAMS THE STORIES OF THE NATURAL CONNECTICUT RIVER AND THE PEOPLE WHO HAVE LIVED ON OR NEAR IT FOR MILLENNIA ARE TOLD NOT ONLY IN PERMANENT AND CHANGING GALLERY EXHIBITIONS BUT ALSO THROUGH ABUNDANT EDUCATIONAL PROGRAMMING. IN OUR MEETING SPACES - AUGMENTED BY OR SOLELY PROVIDED VIA ZOOM - WE HOST A YEAR-LONG SERIES OF LECTURES AND BOOK SIGNINGS ON TOPICS ACROSS A BROAD SPECTRUM, BUT WITH THE CONNECTICUT RIVER VALLEY AND RIVERS IN GENERAL AS A UNIFYING THEME. K-12 STUDENTS FROM MIDDLESEX, HARTFORD, NEW HAVEN, AND NEW LONDON COUNTIES MAKE USE OF CURRICULUM-SYNCHED PROGRAMMING BOTH ONSITE AT THE MUSEUM - OFTEN ON THE VESSELS - OR IN THEIR OWN CLASSROOMS WITH VISITING MUSEUM EDUCATORS. CRM PROVIDES SCHOLARSHIPS TO ALLOW UNDERSERVED STUDENT POPULATIONS TO ATTEND EDUCATIONAL PROGRAMS AT NO COST.
OTHER PROGRAM SERVICES THE MUSEUM CONDUCTS TWO MAJOR EVENTS EACH YEAR WHICH ARE IMAGINATIVELY CREATED AND MULTI-PURPOSED. THESE EVENTS NOT ONLY BOLSTER FINANCIAL SUPPORT, BUT ALSO REINFORCE PUBLIC ENGAGEMENT AND BUILD ON THE STRONG RELATIONSHIP THAT EXISTS BETWEEN THE MUSEUM AND OUR LOCAL AND WIDER COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jennifer Carlson Former Exec | Officer | 40 | $69,000 |
Olivia White Interim Exct | Officer | 25 | $21,600 |
John Bennet Chairman | OfficerTrustee | 7.5 | $0 |
Thomas Wilcox Treasurer/se | OfficerTrustee | 5 | $0 |
Peter Coombs Trustee | OfficerTrustee | 5 | $0 |
Verena Harfst Vice Chairwo | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $65,630 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $93,295 |
All other contributions, gifts, grants, and similar amounts not included above | $584,167 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $743,092 |
Total Program Service Revenue | $294,853 |
Investment income | $41,484 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $159,387 |
Net Income from Fundraising Events | $82,548 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $24,560 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,372,144 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $418,208 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $18,687 |
Payroll taxes | $34,494 |
Fees for services: Management | $0 |
Fees for services: Legal | $120 |
Fees for services: Accounting | $14,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $5,764 |
Fees for services: Other | $53,282 |
Advertising and promotion | $35,958 |
Office expenses | $15,791 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $142,237 |
Travel | $150 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $133,835 |
Insurance | $59,656 |
All other expenses | $22,108 |
Total functional expenses | $1,037,325 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,726,688 |
Savings and temporary cash investments | $318,224 |
Pledges and grants receivable | $70,000 |
Accounts receivable, net | $13,652 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $17,286 |
Prepaid expenses and deferred charges | $500 |
Net Land, buildings, and equipment | $3,100,102 |
Investments—publicly traded securities | $1,756,053 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $857,218 |
Total assets | $7,859,723 |
Accounts payable and accrued expenses | $24,769 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $151,077 |
Total liabilities | $175,846 |
Net assets without donor restrictions | $6,257,368 |
Net assets with donor restrictions | $1,426,509 |
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 | $7,859,723 |
Over the last fiscal year, we have identified 7 grants that Connecticut River Foundation At Steamboat Dock Inc has recieved totaling $16,500.
Awarding Organization | Amount |
---|---|
Essex Elementary School Foundation Inc Essex, CT | | $6,250 |
Robert P & Patricia J Bauman Family Foundation Inc Stuart, FL PURPOSE: CHARITABLE - CULTURAL SERVICES | $5,000 |
Karlson Family Foundation Trumbull, CT PURPOSE: PROGRAMS & MATERIALS | $2,000 |
Edward E Hood Jr Foundation Stamford, CT PURPOSE: GENERAL CHARITABLE | $1,000 |
Edward E Hood Jr Foundation Stamford, CT PURPOSE: GENERAL CHARITABLE | $1,000 |
Mrb Foundation Inc Lake Geneva, WI PURPOSE: EDUCATIONAL | $1,000 |
Beg. Balance | $1,282,112 |
Earnings | -$104,639 |
Other Expense | -$282,758 |
Ending Balance | $894,715 |
Organization Name | Assets | Revenue |
---|---|---|
Society For The Preservation Of New England Antiquities Inc Boston, MA | $149,018,347 | $24,101,977 |
Museum Of Jewish Heritage A Living Memorial To The Holocaust New York, NY | $55,434,280 | $9,656,219 |
National Baseball Hall Of Fame And Museum Inc Cooperstown, NY | $59,891,798 | $13,912,990 |
Museum Of The City Of New York New York, NY | $66,852,822 | $13,898,529 |
Old Sturbridge Inc Sturbridge, MA | $21,603,377 | $13,063,304 |
Plimoth Patuxet Museums Inc Plymouth, MA | $39,663,068 | $8,933,676 |
Lower East Side Tenement Museum New York, NY | $36,923,048 | $8,687,426 |
Historic Deerfield Inc Deerfield, MA | $76,973,698 | $8,334,092 |
Heritage Plantation Of Sandwich Inc Sandwich, MA | $34,658,032 | $6,604,835 |
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 |