National Maritime Historical Society
- Assets
- $1.2m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 9
- Location
- Peekskill, NY
- Founding
- 04/1964
- Data as of
- 12/2021
- EIN
- 52-6054478
Organization Overview
National Maritime Historical Society is located in Peekskill, NY. The organization was established in 1964. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, National Maritime Historical Society employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Maritime Historical Society 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, National Maritime Historical Society generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $883.9k during the year ending 12/2021. While expenses have increased by 1.8% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PRESERVE MARITIME HISTORY, PROMOTE THE HERITAGE COMMUNITY, AND SHARE THE ADVENTURE OF SEAFARING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOCIETY RAISES AWARENESS OF MARITIME HISTORY AND THE ROLE SEAFARING HAS PLAYED IN SHAPING CIVILIZATION THROUGH PUBLICATIONS, EDUCATIONAL PROGRAMS, AND MARITIME EVENTS.
THE SOCIETY PUBLISHES A QUARTERLY MAGAZINE ON SEA HISTORY AND A WEBSITE WITH RESEARCH AND PROGRAM INFORMATION ABOUT THE MARITIME HERITAGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Burchenal Green President | Trustee | 40 | $105,000 |
Jessica Macfarlrne Executive Director | Trustee | 40 | $75,192 |
Richardo R Lopes Vice-Chairman | Trustee | 2 | $0 |
Walter R Brown Trustee | Trustee | 1 | $0 |
Ronald L Oswald Chairman | Trustee | 2 | $0 |
William H White Treasurer | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $214,558 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $83,982 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,071,681 |
| Noncash contributions included in lines 1a–1f | $249,323 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,370,221 |
| Total Program Service Revenue | $41,112 |
| Investment income | $5,428 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $45,267 |
| Net Income from Fundraising Events | $86,776 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $10,901 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,562,150 |
| 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 | $436,601 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $34,806 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,061 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,703 |
| Fees for services: Other | $0 |
| Advertising and promotion | $148 |
| Office expenses | $13,865 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $37,964 |
| Travel | $5,674 |
| 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 | $8,053 |
| Insurance | $4,675 |
| All other expenses | $49,860 |
| Total functional expenses | $883,947 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $346,393 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,219 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $8,260 |
| Prepaid expenses and deferred charges | $13,748 |
| Net Land, buildings, and equipment | $35,076 |
| Investments—publicly traded securities | $772,334 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $3,400 |
| Other assets | $6,000 |
| Total assets | $1,194,430 |
| Accounts payable and accrued expenses | $35,288 |
| Grants payable | $0 |
| Deferred revenue | $128,513 |
| 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 | $11,088 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $68 |
| Total liabilities | $174,957 |
| Net assets without donor restrictions | $897,228 |
| Net assets with donor restrictions | $122,245 |
| 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 | $1,194,430 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that National Maritime Historical Society has recieved totaling $2,580.
| Awarding Organization | Amount |
|---|---|
Ruth Rogers Hoyt Foundation Inc Atlanta, GA PURPOSE: MARITIME PRESERVATION | $2,000 |
Eugenie S Wright Foundation Inc Mamaroneck, NY PURPOSE: BLOCK GRANT | $250 |
Rice Family Charitable Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $250 |
The Murray Charitable Trust Portland, ME PURPOSE: GENERAL SUPPORT | $80 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hamilton-Madison House Inc New York, NY | $11,830,050 | $17,173,913 |
Buffalo Olmsted Parks Conservancy Inc Buffalo, NY | $5,280,478 | $5,712,316 |
New York Landmarks Conservancy Inc New York, NY | $20,181,669 | $5,556,998 |
Historical Society Of Pennsylvania Philadelphia, PA | $29,519,223 | $5,864,620 |
Marthas Vineyard Museum Inc Vineyard Haven, MA | $28,426,122 | $2,586,449 |
Florence Griswold Museum Inc Old Lyme, CT | $32,307,778 | $2,875,061 |
Bucks County Historical Society Mercer Museum Doylestown, PA | $25,757,784 | $3,151,386 |
Friends Of Hildene Inc Manchester, VT | $15,529,063 | $5,299,027 |
Mattatuck Historical Society Waterbury, CT | $30,372,011 | $3,496,557 |
Edith Wharton Restoration Inc Lenox, MA | $18,245,381 | $3,306,294 |
Galvan Initiatives Foundation New York, NY | $45,061,487 | $6,375,160 |
Concord Antiquarian Society Concord, MA | $23,141,155 | $2,972,281 |