Chatham Marconi Maritime Center Inc
- Assets
- $1.2m
- Revenue
- $337.9k
- Investments
- $305.4k
- Employees
- 0
- Location
- Chatham, MA
- Founding
- 02/2003
- Data as of
- 12/2021
- EIN
- 37-1445768
Organization Overview
Chatham Marconi Maritime Center Inc is located in Chatham, MA. The organization was established in 2003. According to its NTEE Classification (A50) the organization is classified as: 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. Chatham Marconi Maritime Center 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 12/2021, Chatham Marconi Maritime Center Inc generated $337.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $140.5k 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 MISSION OF THE CHATHAM MARCONI MARITIME CENTER IS TO ENRICH THE LIVES OF CHILDREN AND ADULTS IN CHATHAM AND SURROUNDING COMMUNITIES THROUGH THE PRESERVATION AND APPROPRIATE USE OF THE HISTORIC MARCONI SITE AND STEM EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESERVING AND RESTORING THE HISTORIC MARCONI OPERATIONS BUILDING AND THE ADJACENT ANTENNA FIELD; CREATING A CENTER TO CELEBRATE THE HISTORY OF SCIENCE AND RADIO COMMUNICATION IN THE 20TH CENTURY; SUPPORTING AN ACTIVE RADIO COMMUNICATIONS GROUP TO PROMOTE AN INTEREST IN SCIENCE AND TECHNOLOGY AND SERVE THE PUBLIC INTEREST BY PROVIDING BACK-UP COMMUNICATIONS IN TIMES OF EMERGENCY; AND CREATING AND PRESENTING SCIENCE PROGRAMS AND MATERIALS THAT CAPITALIZE ON THE EXCITING STORY OF MARCONI'S INVENTIVE SPIRIT AND PROVIDE HANDS-ON,MINDS-ON WAYS FOR STUDENTS TO EXPLORE WIRELESS TECHNOLOGY AS IT WILL IMPACT THEIR LIVES IN THE 21ST CENTURY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald Farris Director | Trustee | 20 | $16,668 |
Read Moffet Director | OfficerTrustee | 5 | $0 |
Carolyn Cragin President | OfficerTrustee | 5 | $0 |
Robert Fishback Vice President | OfficerTrustee | 5 | $0 |
David Smith Treasurer | OfficerTrustee | 5 | $0 |
Harold Kraus Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $28,707 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $16,704 |
| All other contributions, gifts, grants, and similar amounts not included above | $235,196 |
| Noncash contributions included in lines 1a–1f | $80,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $280,607 |
| Total Program Service Revenue | $20,775 |
| Investment income | $2,073 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $14,301 |
| Net Income from Fundraising Events | $18,196 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,900 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $337,852 |
| 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 | $29,626 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $78 |
| Payroll taxes | $2,928 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,450 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,121 |
| Advertising and promotion | $4,911 |
| Office expenses | $2,031 |
| Information technology | $1,324 |
| 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 | $39 |
| Interest | $3,961 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $43,200 |
| Insurance | $5,905 |
| All other expenses | $7,355 |
| Total functional expenses | $140,513 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $302,814 |
| Savings and temporary cash investments | $111,597 |
| 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 | $206,107 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $305,391 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $303,688 |
| Total assets | $1,229,597 |
| Accounts payable and accrued expenses | $3,984 |
| 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 | $82,300 |
| Other liabilities | $0 |
| Total liabilities | $86,284 |
| Net assets without donor restrictions | $963,926 |
| Net assets with donor restrictions | $179,387 |
| 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 | $1,229,597 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Chatham Marconi Maritime Center Inc has recieved totaling $7,750.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $7,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Peabody Essex Museum Inc Salem, MA | $834,878,169 | $57,993,478 |
The Corning Museum Of Glass Corning, NY | $73,662,076 | $31,481,253 |
Intrepid Museum Foundation Inc New York, NY | $107,274,514 | $23,304,017 |
Jewish Museum New York, NY | $170,221,432 | $22,874,963 |
Mystic Seaport Museum Inc Mystic, CT | $122,267,932 | $26,794,983 |
The Paley Center For Media New York, NY | $149,800,581 | $16,736,827 |
Stone Barns Restoration Corp Pocantico Hills, NY | $107,933,883 | $7,964,721 |
Margaret Woodbury Strong Museum Rochester, NY | $223,670,725 | $24,556,351 |
The Studio Museum In Harlem New York, NY | $153,708,532 | $40,471,884 |
The Maritime Aquarium At Norwalk Inc South Norwalk, CT | $19,089,489 | $11,308,442 |
George Eastman Museum Rochester, NY | $59,825,841 | $12,306,953 |
Naismith Memorial Basketball Hall Of Fame Inc 1150 West Columbus Ave Springfield, MA | $33,159,743 | $5,379,532 |