Maritime Industry Museum At Fort Schuyler
- Assets
- $1.0m
- Revenue
- $260.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Bronx, NY
- Founding
- 05/1995
- Data as of
- 12/2021
- EIN
- 13-3789884
Organization Overview
Maritime Industry Museum At Fort Schuyler is located in Bronx, NY. The organization was established in 1995. 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. Maritime Industry Museum At Fort Schuyler 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, Maritime Industry Museum At Fort Schuyler generated $260.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.1% each year . All expenses for the organization totaled $16.8k during the year ending 12/2021. 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
THE ORGANIZATION WAS ORGANIZED IN 1986 WHEN CAPTAIN JEFFREY W. MONROE, A FORMER ASSOCIATE PROFESSOR OF MARITIME TRANSPORTATION AT THE MARITIME COLLEGE, HAD A VISION OF CREATING A MUSEUM TO FILL THE STONE CORRIDORS OF THE OLD FORT AND PROVIDE A NAUTICAL ATMOSPHERE FOR THE CADETS ON THEIR WAY TO CLASSES. SINCE THEN, STEAMSHIP LINES, RELATED COMPANIES IN THE MARITIME INDUSTRY, AND MERCHANT MARINE HISTORY BUFFS DONATED OBJECTS AND ARTIFACTS TO SUPPLEMENT THE MUSEUM COLLECTION. THE MUSEUM IS HOME TO OVER 700 SHIP MODELS. THE MUSEUM PROVIDES GUIDED TOURS FOR PROFESSIONAL AND SENIOR CITIZEN GROUPS AND TO ELEMENTARY AND HIGH SCHOOL STUDENTS FROM THE METROPOLITAN AREA IN AND AROUND NEW YORK CITY. RESOURCES FROM THE MUSEUM'S FILES ARE VAILABLE TO GRADUATE AND UNDERGRADUATE STUDENTS DOING RELATED RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT FUNCTION OF MUSEUM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Meredith Johansson Board Member | Trustee | 1 | $6,144 |
Eric J Johansson Executive Di | Trustee | 20 | $2,500 |
Matthew Bonvento Treasurer | OfficerTrustee | 1 | $0 |
David B Allen Board Member | Trustee | 1 | $0 |
Capt Tom Garrett Board Member | Trustee | 1 | $0 |
Bradley Dm Golden Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $3,800 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $18,592 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,392 |
| Total Program Service Revenue | $0 |
| Investment income | $15,013 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $222,678 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $260,083 |
| 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 | $2,500 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $6,145 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,178 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,500 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $1,500 |
| Total functional expenses | $16,823 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $117,460 |
| Savings and temporary cash investments | $19,814 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $139,839 |
| Investments—publicly traded securities | $735,501 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,012,614 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,012,614 |
| Net assets with donor restrictions | $0 |
| 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 | $1,012,614 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Maritime Industry Museum At Fort Schuyler has recieved totaling $52,028.
| Awarding Organization | Amount |
|---|---|
American Bureau Of Shipping Spring, TX PURPOSE: ABS 2021 Scholarships for tuition and books. | $50,000 |
Valiant Foundation Indianapolis, IN PURPOSE: GENERAL | $2,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $28 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Scottish Rite Masonic Museum & Library Inc Lexington, MA | $63,564,259 | $9,227,595 |
General Society Of Mayflower Descendants Plymouth, MA | $8,416,506 | $2,797,450 |
The Long Island Museum Of American Art History & Carriages Stony Brook, NY | $25,489,639 | $2,528,641 |
The Mark Twain Memorial Hartford, CT | $16,236,418 | $4,258,653 |
National Coast Guard Museum Association Inc New London, CT | $17,635,253 | $4,459,044 |