Overview
What is The Antique Boat Museum?
The Antique Boat Museum is a 50-year-old nonprofit organization situated in Clayton, New York. Its mission is to collect, preserve, interpret, and celebrate boats and related artifacts to foster public understanding of their significance in North America's cultural history, particularly that of the St. Lawrence River. The museum occupies a 4.5-acre waterfront campus with ten buildings, offering a total of 29,000 square feet of exhibition space and 33,000 square feet for public programming, collection, storage, archives, library, and administrative needs. The museum boasts the largest freshwater boat collection in North America, attracting approximately 30,000 visitors annually. With its educational programs, events, and extensive collection, the museum fosters a connection between the community and visitors, offering a foundation for appreciating boating's historical impact. The three main program services, in terms of expense, include Education, Collections and Exhibits, Development, and Maintenance and Operations. The museum is staffed by 42 employees.
Official website here: www.abm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Antique Boat Museum has achieved a remarkable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The organization's impressive score of 97% indicates that it effectively manages its resources and adheres to best practices, which is essential for maintaining donor trust and support.
One of the key strengths highlighted is the museum's governance structure, featuring a fully independent board of 19 members, ensuring decisions are made without conflicts of interest. Additionally, the museum exhibits excellent oversight and financial management, with no material diversions of assets and high program expense ratios, indicating that the majority of funds are directed towards its mission rather than administrative costs.
While the rating is highly positive, it does not mention any potential areas for improvement. Overall, The Antique Boat Museum is recognized for its transparency and sound financial practices, making it a reliable organization for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is The Antique Boat Museum legitimate?
The Antique Boat Museum is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Antique Boat 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,091,439
For more financial information, click here
Official website here: www.abm.org
What is the mission statement of The Antique Boat Museum?
The Antique Boat Museum's mission is centered around collecting, preserving, interpreting, and celebrating boats and related artifacts. This endeavor aims to enhance public understanding of the significant role boating plays in the cultural history of North America, with a particular focus on the St. Lawrence River. The museum's activities serve to advance this awareness, providing a connection between various communities and visitors, fostering appreciation for the rich history of boating and its impact on the region and the country. The museum houses a vast collection of freshwater boats, attracting approximately 30,000 visitors annually, and offers educational programs, exhibits, events, and outreach to strengthen this connection.
Official website here: www.abm.org
What is the revenue of The Antique Boat Museum?
The Antique Boat Museum's revenue in 2023 was $2,178,617.
Official website here: www.abm.org
Who are the executives of The Antique Boat Museum and what are their salaries?
The average compensation at The Antique Boat Museum during 2023 was $31,184. There are 35 employees and 110 volunteers at The Antique Boat Museum.
Here are 21 key members and their salaries:
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- Compensation: $85,393
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- Other: $8,539
Official website here: www.abm.org
Where can I find the form 990 for The Antique Boat Museum?
The Antique Boat Museum's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.abm.org
Learn more at the official website: www.abm.org
Mission Statement of The Antique Boat Museum
The Antique Boat Museum, a renowned institution, is dedicated to the pursuit of collecting, preserving, interpreting, and celebrating boats and related artifacts. Its primary objective is to enhance public understanding of the significant role boating has played in the cultural history of North America, with a particular focus on the St. Lawrence River. This nonprofit organization, established over half a century ago, is committed to this mission, occupying a 4.5-acre waterfront campus in Clayton, New York.
The Antique Boat Museum boasts an extensive collection of freshwater boats, making it the largest such collection in North America. Each year, the museum attracts approximately 30,000 visitors, offering them a unique connection to the rich history of boating. Through public programs, exhibits, events, and educational programming, the museum fosters a sense of community and serves as a bridge between the local community and visitors to the region.
The museum's mission is not confined to the knowledge and appreciation of boating's past, but also includes its present and future significance. By showcasing the stories and cultures of the people who have designed, built, owned, sailed, and maintained these vessels, the Antique Boat Museum offers a comprehensive perspective on the evolution of boating in North America. This historical journey encompasses various purposes, from commercial to personal use, and highlights the indelible impact of boating on the region and the country as a whole.
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Impact
October, 2024
The Antique Boat Museum plays a vital role in preserving and celebrating the rich cultural history of boating in North America, particularly along the St. Lawrence River. With the largest collection of freshwater boats in the region, the museum serves as a significant educational resource, attracting approximately 30,000 visitors annually. Its extensive facilities, covering over 62,000 square feet, host a variety of exhibits, public programs, and events that foster a deeper understanding of boating's historical and cultural significance.
Through its dedication to collecting, preserving, and interpreting boats and related artifacts, the museum connects local communities with visitors, enhancing appreciation for the craftsmanship and traditions associated with boating. The stories of the individuals involved in the design, construction, and use of these vessels are spotlighted, reinforcing the importance of boating in shaping both local and national history. This impact is further amplified by robust educational programming and outreach efforts that engage diverse audiences, helping to instill a lasting awareness of the cultural narratives tied to the region's maritime heritage.
This information is meant to be a general summary of The Antique Boat 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 2023.
- Investment Income: $223,809
- Program Service Revenue: $462,081
- Gross Receipts: $3,606,892
Assets and Liabilities:
- Total Assets: $20,926,948
- Total Liabilities: $1,461,195
- Net Assets: $19,465,753
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$278,497
EVENTS & SPECIAL PROJECTS
Revenue
$183,584
Organization Details
Founding Year
1980
Principal Officer
Stephanie Enghusen
Website
www.abm.orgNTEE Category
Code: A570 - Arts
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