Stone Harbor Museum Corporation
- Assets
- $637.9k
- Revenue
- $103.6k
- Investments
- $0.0
- Employees
- 1
- Location
- Stone Harbor, NJ
- Founding
- 03/2000
- Data as of
- 12/2020
- EIN
- 31-1694111
Organization Overview
Stone Harbor Museum Corporation is located in Stone Harbor, NJ. The organization was established in 2000. 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. Stone Harbor Museum Corporation 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, Stone Harbor Museum Corporation generated $103.6k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $100.1k during the year ending 12/2020. While expenses have increased by 6.4% per year over the past 3 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE CORPORATION IS TO ACQUIRE PRESERVE DISPLAY CELEBRATE AND PROMOTE ARCHIVAL AND ARTIFACTUAL ITEMS RELEVANT TO THE DEVELOPMENT OF THE HERITAGE AND HISTORY AND TO EDUCATE THE PRESENT AND THE FUTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HELD EVENTS WHERE LOCAL SPEAKERS WERE ASKED TO LECTURE ON TOPICS OF IMPORTANCE TO THE HISTORY OF THE TOWN.
DURING THE PANDEMIC THE MUSEUM PROVIDED WEEKLY SHOT VIDEOS ABOUT VARIOUS HISTORICAL AND ENVIRONMENTAL TOPICS FOR THE PUBLIC TO VIEW ON LINE.
THE ORGNIZATION IDENTIFIES AND PROMOTES VINTAGE HOMES ON THE ISLAND FOR PRESERVATION AND INFORMATIVE PURPOSES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Teri Fischer Secretary | Officer | 5 | $0 |
James Talone President | Officer | 10 | $0 |
Paul Hughes Director | Trustee | 2 | $0 |
Marilyn Timms Director | Trustee | 2 | $0 |
Robert Ashman Director | Trustee | 2 | $0 |
Mike Turner Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $31,205 |
| Fundraising events | $12,799 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $60,886 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $104,890 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$1,618 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $103,622 |
| 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. | $27,500 |
| Compensation of current officers, directors, key employees. | $9,167 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| 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 | $4,110 |
| Office expenses | $2,449 |
| Information technology | $9,491 |
| Royalties | $0 |
| Occupancy | $25,402 |
| Travel | $0 |
| 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 | $14,026 |
| Insurance | $2,129 |
| All other expenses | $10,119 |
| Total functional expenses | $100,117 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $84,363 |
| Savings and temporary cash investments | $0 |
| 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 | $491,462 |
| Investments—publicly traded securities | $62,043 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $637,868 |
| Accounts payable and accrued expenses | $505 |
| 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 | $357,255 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $357,760 |
| Net assets without donor restrictions | $280,108 |
| 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 | $637,868 |
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