Maritime Museum Association Of San Diego
- Assets
- $18.7m
- Revenue
- $4.4m
- Investments
- $1.3m
- Employees
- 52
- Location
- San Diego, CA
- Founding
- 05/1967
- Data as of
- 12/2021
- EIN
- 95-2130325
Organization Overview
Maritime Museum Association Of San Diego is located in San Diego, CA. The organization was established in 1967. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Maritime Museum Association Of San Diego employed 52 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maritime Museum Association Of San Diego 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 Museum Association Of San Diego generated $4.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.6%) each year. All expenses for the organization totaled $3.3m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MARITIME MUSEUM OF SAN DIEGO RESTORES, MAINTAINS AND OPERATES HISTORIC VESSELS.THE MUSEUM HAS ONE OF THE WORLD'S FINEST COLLECTIONS OF HISTORIC SHIPS, INCLUDING THE WORLD'S OLDEST ACTIVE SHIP STAR OF INDIA.
Describe the Organization's Program Activity:
IN 2021 THE MARITIME MUSEUM WELCOMED APPROXIMATELY 62,000 VISITORS THROUGH THE GATE, AND SERVED APPROXIMATELY 14,000 SCHOOL CHILDREN AND 48,000 ADULTS AND FAMILIES. MUSEUM ACTIVITIES TAKE PLACE ABOARD SEVEN HISTORIC VESSELS (THE FLAGSHIP IS THE 1863 BARK STAR OF INDIA, THE WORLD'S OLDEST ACTIVE SAILING SHIP). MARITIME HISTORY IS INTERPRETED THROUGH: 1)PERMANENT AND TEMPORARY EXHIBITS; 2)PUBLIC PROGRAMS (E.G.,FAMILY DAYS WITH NAUTICAL ACTIVITIES FOR ADULTS AND CHILDREN, HALF-DAY TALL SHIP SAILINGS, SEA CHANTEY CONCERTS, MEMBERS' NIGHTS, AND TRAVEL PROGRAMS); 3)PUBLICATIONS (PEER-REVIEWED JOURNAL OF MARITIME HISTORY, QUARTERLY NEWSLETTER); AND 4)EDUCATION PROGRAMS (SCIENCE OF SEAFARING WORKSHOPS, ENVIRONMENTAL EDUCATION ON THE BAY, DAY AND OVERNIGHT LIVING HISTORY PROGRAMS, SAIL TRAINING FOR AT RISK YOUTH, DOCENT-LED TOURS).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raymond Ashley President/ceo | Officer | 40 | $124,782 |
Wiliam Dysart Chairman | OfficerTrustee | 2 | $0 |
Kenneth Andersen Vice Chair | OfficerTrustee | 2 | $0 |
Laura Kyle Secretary | OfficerTrustee | 2 | $0 |
Pamela Werner Director | Trustee | 2 | $0 |
Erich Lathers Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $115,425 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,663,797 |
| All other contributions, gifts, grants, and similar amounts not included above | $658,317 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,437,539 |
| Total Program Service Revenue | $1,797,595 |
| Investment income | $163,188 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $35,499 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,433,821 |
| 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 | $1,211,217 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $145,979 |
| Payroll taxes | $106,619 |
| 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 | $32,971 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $89,420 |
| Travel | $1,924 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $91,351 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $490,725 |
| Insurance | $316,583 |
| All other expenses | $248,971 |
| Total functional expenses | $3,311,452 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,060,594 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $397,891 |
| Accounts receivable, net | $46,631 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $38,839 |
| Prepaid expenses and deferred charges | $44,959 |
| Net Land, buildings, and equipment | $13,327,631 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,282,425 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $515,083 |
| Total assets | $18,714,053 |
| Accounts payable and accrued expenses | $480,813 |
| Grants payable | $0 |
| Deferred revenue | $1,063,642 |
| 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 | $1,815,532 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,359,987 |
| Net assets without donor restrictions | $13,542,413 |
| Net assets with donor restrictions | $1,811,653 |
| 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 | $18,714,053 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Maritime Museum Association Of San Diego has recieved totaling $5,531.
| Awarding Organization | Amount |
|---|---|
Miramar Charitable Foundation Ft Mitchell, KY PURPOSE: GENERAL PURPOSES | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $431 |
American Express Foundation New York, NY PURPOSE: GENERAL SUPPORT | $100 |
Endowment Analysis
| Beg. Balance | $734,060 |
| Earnings | $98,806 |
| Admin Expense | $9,165 |
| Net Contributions | $199,668 |
| Other Expense | $30,787 |
| Ending Balance | $992,582 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Uss Midway Museum San Diego, CA | $89,557,357 | $9,957,373 |
Lucas Museum Of Narrative Art Los Angeles, CA | $1,047,180,873 | $200,315,657 |
Musical Instrument Museum Phoenix, AZ | $166,967,307 | $47,583,205 |
Operation Underground Railroad Inc Anaheim, CA | $68,076,312 | $47,549,013 |
Discovery Science Center Of Orange County Santa Ana, CA | $60,809,996 | $26,194,294 |
Grammy Museum Foundation Inc Los Angeles, CA | $19,726,049 | $9,757,476 |
Japanese American National Museum Los Angeles, CA | $64,155,556 | $8,326,332 |
Mingei International Inc San Diego, CA | $66,923,986 | $7,226,145 |
Heard Museum Phoenix, AZ | $36,442,009 | $14,120,125 |
Turtle Bay Exploration Park Redding, CA | $48,250,618 | $8,223,185 |
Palm Springs Art Museum Palm Springs, CA | $40,212,131 | $11,070,079 |
Safari Game Search Foundation Winston, OR | $11,893,690 | $8,001,628 |