Marthas Vineyard Museum Inc

Organization Overview

Marthas Vineyard Museum Inc is located in Vineyard Haven, MA. The organization was established in 1981. 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 12/2020, Marthas Vineyard Museum Inc employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marthas Vineyard 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 12/2020, Marthas Vineyard Museum Inc generated $2.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $3.4m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

THE MARTHA'S VINEYARD MUSEUM INSPIRES ALL PEOPLE TO DISCOVER, EXPLORE, AND STRENGTHEN THEIR CONNECTIONS TO THIS ISLAND AND ITS DIVERSE HERITAGE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EXHIBITIONS, PROGRAMS, EVENTS, AND RESEARCH LIBRARY FOCUSING ON MARTHA'S VINEYARD HISTORY AND CULTURE


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Board, Officers & Key Employees

Name (title)Compensation
Philip Wallis
Former Executive Director
$124,634
Heather Seger
Executive Director
$120,000
Carol H Carroll
Director Of Finance & Admi
$71,394
Cathy Weiss
Chair
$0
Meredith Degen
Treasurer
$0
Paul Schneider
Vice Chair
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Consigli Construction Co
Construction Project
$1,134,629
Lew French
Garden Design & Installation
$400,000
Landscope Landscape Construction
Landscape Construction
$263,500
International Chimney Corporation
Lighthouse Restoration
$198,000
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$200,055
Fundraising events$61,900
Related organizations$0
Government grants $299,721
All other contributions, gifts, grants, and similar amounts not included above$1,826,786
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,388,462
Total Program Service Revenue$82,360
Investment income $102,287
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $8,101
Net Income from Fundraising Events -$2,200
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $7,439
Miscellaneous Revenue$0
Total Revenue $2,586,449

Grants Recieved

Over the last fiscal year, we have identified 38 grants that Marthas Vineyard Museum Inc has recieved totaling $689,238.

Awarding OrganizationAmount
Bodman Family Foundation

El Paso, TX

PURPOSE: GENERAL NEEDS OF ORGANIZATION

$115,000
Linnemann Family Foundation

Cincinnati, OH

PURPOSE: GENERAL SUPPORT

$114,400
Schwab Charitable Fund

San Francisco, CA

PURPOSE: ARTS, CULTURE & HUMANITIES

$109,405
Phoebe R And John D Lewis Foundation

Glendale, WI

PURPOSE: ANNUAL FUND

$75,000
Lloyd Trotter And Teri Trotter Charitable Trust

Jupiter, FL

PURPOSE: GENERAL OPERATING SUPPORT

$37,000
Community Foundation Of New Jersey

Morristown, NJ

PURPOSE: GENERAL SUPPORT

$35,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,483,614
Earnings$335,332
Net Contributions$65,000
Other Expense$72,800
Ending Balance$2,811,146

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