Overview
What is Penobscot Marine Museum?
Penobscot Marine Museum is a nonprofit organization situated in Searspoint, Maine. Its mission is to preserve, interpret, and celebrate the maritime culture of the Penobscot Bay region and beyond. The museum houses an extensive collection of approximately 10,000 artifacts, with non-displayed items kept in a secure, climate-controlled environment. A computerized database manages these artifacts, and the library boasts over 12,000 books, documents, photographs, and genealogical records. The photographic collection alone contains over 300,000 images, most of which are digitized and accessible through an online database. The museum attracts nearly 6,000 visitors annually, and both changing and traveling exhibits are developed and promoted each year. The institution's curatorial department occupies several buildings, while library collections are housed in a 4,500 sq ft climate-controlled building, available for research.
Official website here: www.penobscotmarinemuseum.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Stars)
The Penobscot Marine Museum has earned a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. This score indicates a well-managed organization that adheres to important financial practices and governance standards. The high accountability score is particularly noteworthy, as it demonstrates a commitment to transparency and the responsible use of resources.
A significant strength of the museum lies in its governance structure, which features a fully independent board with a considerable number of members. The organization excels in areas such as financial oversight, with thorough audits and a comprehensive conflict of interest policy in place. Additionally, it maintains a low liabilities-to-assets ratio, suggesting a stable financial position.
However, the program expense ratio, at 62.45%, indicates that there may be room for improvement in how funds are allocated towards direct programming versus administrative costs. Overall, while the Penobscot Marine Museum shows strong financial accountability, enhancing its program expenditures could further bolster its impact in the community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Penobscot Marine Museum?
94% of 41 reviewers on Facebook recommend the Penobscot Marine Museum. Here’s what they have to say:
Many patrons describe their experience as "totally amazing," emphasizing the extensive and engaging exhibits that invite visitors to spend a significant amount of time exploring. Reviewers appreciate the depth of information and the quality of the presentations, indicating that the museum excels in providing a rich educational experience.
Overall, the sentiment towards the museum is overwhelmingly positive, with users highlighting their enjoyment and the value of time spent at the facility. It's clear that the Penobscot Marine Museum succeeds in captivating its audience and delivering on its promise of an enriching visit.
This AI summary has been generated from reviews found on Facebook.
Is Penobscot Marine Museum legitimate?
Penobscot Marine Museum is a legitimate nonprofit organization registered as a 501(c)(3) entity. Penobscot Marine Museum submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $111,107
Professional Fundraising Fees: $0
Other Salaries and Wages: $431,287
For more financial information, click here
Official website here: www.penobscotmarinemuseum.org
What is the mission statement of Penobscot Marine Museum?
The Penobscot Marine Museum's mission is geared towards preserving, interpreting, and celebrating the maritime culture of regions beyond the Penobscot Bay. They accomplish this through their extensive collections, educational programs, and community engagement. The museum's curatorial department houses approximately 10,000 artifacts, with the non-displayed items stored in a secure climate-controlled environment. The library, part of the museum, holds over 12,000 books, documents, and photographs, with a significant portion digitized for online research. The museum attracts numerous visitors each year, and it also develops and promotes both changing and traveling exhibits.
Official website here: www.penobscotmarinemuseum.org
What is the revenue of Penobscot Marine Museum?
Penobscot Marine Museum's revenue in 2024 was $902,400.
Official website here: www.penobscotmarinemuseum.org
Who are the executives of Penobscot Marine Museum and what are their salaries?
The average compensation at Penobscot Marine Museum during 2024 was $20,089. There are 27 employees and 60 volunteers at Penobscot Marine Museum.
Here are 17 key members and their salaries:
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- Compensation: $92,554
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- Other: $15,046
Official website here: www.penobscotmarinemuseum.org
Where can I find the form 990 for Penobscot Marine Museum?
Penobscot Marine Museum's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.penobscotmarinemuseum.org
Learn more at the official website: www.penobscotmarinemuseum.org
Mission Statement of Penobscot Marine Museum
The Penobscot Marine Museum is dedicated to preserving, interpreting, and celebrating the maritime culture of the Penobscot Bay region and beyond. Through its collections, education programs, and community engagement initiatives, the museum aims to shed light on the rich maritime history of this area.
The museum houses an extensive collection of approximately 10,000 artifacts, which are meticulously stored in a climate-controlled environment for their preservation. The curatorial department, spread across several buildings, is responsible for managing this vast collection. In addition to these physical artifacts, the museum also boasts a library filled with over 12,000 books, pamphlets, documents, original correspondence, and genealogical records. The library's photographic collection contains over 300,000 images of maritime and regional photographs, many of which have been digitized and made available through a searchable online database.
The mission of the Penobscot Marine Museum is not limited to preservation and archival work. It also places a strong emphasis on education and community engagement. The museum attracts nearly 6,000 visitors each year, who come to explore its changing and traveling exhibits. These exhibits are developed and promoted annually, providing the public with a fresh perspective on the maritime culture of the region. The museum's educational programs aim to inspire a deeper appreciation for this history, fostering a sense of pride and belonging among local communities.
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Impact
July, 2024
Penobscot Marine Museum's impact lies in its dedication to preserving, interpreting, and celebrating the maritime culture of the Penobscot Bay region and beyond. Through its diverse collection of approximately 10,000 artifacts, extensive library housing over 12,000 books and a photographic collection of over 300,000 images, the museum provides valuable resources for research and education.
Furthermore, by attracting nearly 6,000 visitors annually and developing changing and traveling exhibits, the museum engages the community and raises awareness about maritime heritage. The digitization of a significant portion of its photographic collection also allows for wider accessibility and research opportunities through a searchable online database.
In essence, Penobscot Marine Museum plays a crucial role in preserving maritime history, educating the public, and fostering community engagement in the city of Searsport, Maine, and beyond. Its commitment to showcasing the rich maritime heritage contributes to the cultural vibrancy and educational landscape of the region.
This information is meant to be a general summary of Penobscot Marine Museum. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $132,048
- Program Service Revenue: $61,063
- Gross Receipts: $1,580,097
Assets and Liabilities:
- Total Assets: $8,277,134
- Total Liabilities: $347,575
- Net Assets: $7,929,559
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$39,931
PROGRAM FEES
Revenue
$21,132
Organization Details
Founding Year
1936
Principal Officer
Jon Johansen
NTEE Category
Code: A500 - Arts
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