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Strawbery Banke Museum

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 020260158 ✦ Portsmouth, NH ✦ Designated as a 501(c)(3)

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Overview

What is Strawbery Banke Museum?

The Strawbery Banke Museum, located in Portsmouth, New Hampshire, is a nonprofit organization dedicated to preserving and showcasing the history of a New England seaport community. Their primary focus is on promoting understanding of individual lives and the importance of community. To achieve this, they restore historic structures, reflecting current research and best practices, within the museum. The Strawbery Banke Museum's mission also includes fostering encounters with the past and ongoing preservation efforts, engaging a diverse audience. With a dedicated workforce of 84 employees, the museum plays a significant role in maintaining the cultural heritage of the region.


Official website here: www.strawberybanke.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100% (Four-Star out of Four Stars)

Strawbery Banke Museum has achieved an impressive Four-Star rating from Charity Navigator, reflecting strong accountability and financial practices within the organization. The museum is commended for its entirely independent board, consisting of 21 members, and its thorough adherence to best practices in areas such as financial oversight and governance, which contributes to its high rating.

Financially, the museum demonstrates a solid performance, with a program expense ratio of 65.88%, indicating that a significant portion of its budget is allocated to its programs. Furthermore, it boasts a fundraising efficiency ratio of $0.10, which highlights its effective fundraising efforts. The organization also maintains a low liabilities-to-assets ratio of just 1.96%, showcasing its financial stability and prudent management.

While the museum excels in various aspects of accountability and finance, there are no notable limitations or concerns reported in the data. This strong performance positions Strawbery Banke Museum as a trustworthy nonprofit, well-managed and focused on its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Strawbery Banke Museum legitimate?

Strawbery Banke Museum is a legitimate nonprofit organization registered as a 501(c)(3) entity. Strawbery Banke 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: $128,940
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,150,984

For more financial information, click here


Official website here: www.strawberybanke.org

What is the mission statement of Strawbery Banke Museum?

The Strawbery Banke Museum's mission is centered around fostering an understanding of individuals' lives and the importance of community. This is achieved through engaging encounters with the history and ongoing preservation of a New England seaport community. By restoring its historic structures, the museum reflects current research and best practices, contributing to the promotion and celebration of community values.


Official website here: www.strawberybanke.org

Who is the CEO of Strawbery Banke Museum?

Lawrence Yerdon is the Chair of Strawbery Banke Museum.


Official website here: www.strawberybanke.org

What is the revenue of Strawbery Banke Museum?

Strawbery Banke Museum's revenue in 2022 was $6,235,476.


Official website here: www.strawberybanke.org

Who are the executives of Strawbery Banke Museum and what are their salaries?

The average compensation at Strawbery Banke Museum during 2022 was $15,237. There are 84 employees and 197 volunteers at Strawbery Banke Museum.


Here are 23 key members and their salaries:


Cynthia Fenneman (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Mcfarland (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Williams Kane (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Gilbert (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zachary Slater (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robyn Aldo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Fuller Clark (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcia Cronin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy W Dempsey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher W Erikson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Hand (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gibson Kennedy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Labrie (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patsy Ostrander (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allison Potter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben St Jean (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne S Weidman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerrianne Boggis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanna Kelley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Pueschel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Mcgrath (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Earnest (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence Yerdon (President &)
  • Compensation: $102,873
  • Related: $0
  • Other: $3,445


Official website here: www.strawberybanke.org

Where can I find the form 990 for Strawbery Banke Museum?

Strawbery Banke Museum's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.strawberybanke.org

Learn more at the official website: www.strawberybanke.org

Mission Statement of Strawbery Banke Museum

Strawbery Banke Museum, a historical institution, is dedicated to fostering an understanding of individuals' lives and the importance of community. It achieves this goal by offering unique encounters with the history and ongoing preservation of a New England seaport community. By restoring its historic structures to reflect current research and best practices, the museum allows visitors to step back in time and gain insight into the past, thereby promoting a sense of community and personal growth. The museum's mission aims to bridge the gap between the past and present, enabling individuals to appreciate the value of community and the lives of those who have come before them.

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Impact




July, 2024

Strawbery Banke Museum in Portsmouth, NH, has a significant impact on promoting understanding of individual lives and the value of community through encounters with history. By preserving a New England seaport community and restoring historic structures, the museum offers visitors a direct connection to the past. Through its activities and exhibits, Strawbery Banke fosters appreciation for the heritage and culture of the region, making it a valuable resource for education and cultural enrichment in the community.




This information is meant to be a general summary of Strawbery Banke 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.

Revenue
$6,235,476 (2022)
Expenses
$2,988,226 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $153,451
  • Program Service Revenue: $977,251
  • Gross Receipts: $6,482,536

Assets and Liabilities:

  • Total Assets: $20,097,430
  • Total Liabilities: $635,856
  • Net Assets: $19,461,574

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ADMISSION INCOME

Revenue

$393,745

PUDDLE DOCK POND PROGRAMS

Revenue

$330,708

PROGRAM EVENTS

Revenue

$202,962

EDUCATIONAL PROGRAMS

Revenue

$49,836

Organization Details

Founding Year

1967

Principal Officer

Lawrence Yerdon

Main Address

PO BOX 300, PORTSMOUTH, NH, 038020300

NTEE Category

Code: A540 - Arts

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