Overview
What is The Owls Head Transportation Museum?
The Owls Head Transportation Museum, located in Owls Head, Maine, serves as a nonprofit establishment dedicated to preserving and showcasing the historical progression of transportation. Its primary focus is on collecting, maintaining, and displaying pre-1940 aircraft, ground vehicles, engines, and related technologies. The museum's activities extend beyond merely exhibiting these artifacts; it also conducts research, gathers information, and operates these historical engines and vehicles. The mission of the Owls Head Transportation Museum is to educate the public about the evolution of transportation by showcasing these significant pre-1940 technological milestones. With a dedicated workforce of 30 individuals, the museum provides a unique insight into the past and the impact of transportation advancements on our daily lives.
Official website here: www.owlshead.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
The Owls Head Transportation Museum has achieved an impressive Four-Star rating from Charity Navigator, which reflects its strong performance in accountability and finance. This score is particularly noteworthy as it indicates a high level of transparency and effective financial management, with zero material diversions of assets reported and a commendable program expense ratio.
Key organizational strengths include a fully independent board, which consists of 14 members, ensuring unbiased oversight and governance. The museum has also implemented several policies that enhance its accountability, such as a whistleblower policy and conflict of interest guidelines. Additionally, its fundraising efficiency is remarkably high, making effective use of donations towards its mission.
While the organization shows strong fiscal health, with a low liabilities to assets ratio and a substantial working capital ratio, it is essential to maintain this diligence moving forward. Overall, The Owls Head Transportation Museum demonstrates a commitment to responsible financial stewardship and a solid foundation for future growth and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is The Owls Head Transportation Museum legitimate?
The Owls Head Transportation Museum is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Owls Head Transportation 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: $117,950
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,088,607
For more financial information, click here
Official website here: www.owlshead.org
What is the mission statement of The Owls Head Transportation Museum?
The Owls Head Transportation Museum's mission is centered around the collection, preservation, and exhibition of pre-1940 aircraft, ground vehicles, engines, and related technologies. This is done to shed light on the historical progression of transportation. The primary objective is to educate the public about these significant artifacts and their impact on transportation evolution. The museum carries out its mission through various programs, including research, the gathering of related information, and the operation of these engines and vehicles.
Official website here: www.owlshead.org
What is the revenue of The Owls Head Transportation Museum?
The Owls Head Transportation Museum's revenue in 2023 was $4,545,442.
Official website here: www.owlshead.org
Who are the executives of The Owls Head Transportation Museum and what are their salaries?
The average compensation at The Owls Head Transportation Museum during 2023 was $35,487. There are 34 employees and 130 volunteers at The Owls Head Transportation Museum.
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- Compensation: $104,283
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- Other: $13,667
Official website here: www.owlshead.org
Where can I find the form 990 for The Owls Head Transportation Museum?
The Owls Head Transportation Museum's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.owlshead.org
Learn more at the official website: www.owlshead.org
Mission Statement of The Owls Head Transportation Museum
The Owls Head Transportation Museum is committed to the pursuit of collecting, preserving, exhibiting, and operating pre-1940 aircraft, ground vehicles, engines, and related technologies. This endeavor is driven by a mission to educate and shed light on the significant role these artifacts have played in the evolution of transportation. The museum's operations encompass the meticulous maintenance and display of these historical vehicles and engines, providing an immersive experience for visitors. In addition to its physical exhibits, the museum also engages in research and the collection of related information to broaden its understanding and sharing of this vital aspect of human history.
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Impact
October, 2024
The Owls Head Transportation Museum significantly enhances public understanding and appreciation of transportation history through its extensive collection of pre-1940 aircraft, ground vehicles, and engines. By preserving and showcasing these engineering marvels, the museum serves as a vital educational resource, allowing visitors to explore the technological advancements that have shaped mobility over the years.
Through its programs, the museum engages the community and fosters a deeper connection to the past. By operating the vehicles and engines, it offers live demonstrations and experiences that bring history to life, creating a dynamic environment for learning. The museum is a hub for research and information, contributing to scholarship and fostering a greater appreciation for the crafts and innovations that have propelled transportation forward.
Located in Owls Head, Maine, the museum also plays a role in the local economy, attracting visitors who support local businesses. Its mission not only honors the legacy of transportation but also inspires future generations to appreciate and further the field of engineering and design. Overall, The Owls Head Transportation Museum is a crucial institution for both historical preservation and community engagement.
This information is meant to be a general summary of The Owls Head Transportation 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: $222,248
- Program Service Revenue: $311,619
- Gross Receipts: $5,362,529
Assets and Liabilities:
- Total Assets: $13,929,530
- Total Liabilities: $113,700
- Net Assets: $13,815,830
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Museum Admissions
Revenue
$255,569
Membership Dues
Revenue
$35,250
Auto and Plane Rides
Revenue
$20,800
Organization Details
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