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Independence Seaport Museum

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

EIN: 231584971 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is Independence Seaport Museum?

The Independence Seaport Museum, located in Philadelphia, Pennsylvania, is a nonprofit organization dedicated to showcasing the historical and environmental significance of the Delaware River and its surrounding areas. They have made strides in upgrading their exhibitions and facilities, introducing a new ship model gallery, integrating their historic boat collection, and implementing environmental enhancements. Their programs and events are diverse, including the popular "River Alive" installation, which explores the river's environment, and the "Tides of Freedom" exhibition, which delves into the role of African-Americans along the river. The museum also offers public access to the Cruiser Olympia and submarine Becuna. Furthermore, they provide extensive on-water educational programming throughout the year, such as kayaking trips to historical and environmental locations. The museum's mission is to serve a wide and diverse audience, preserving the river's history and fostering connections between Philadelphia, Camden, and the surrounding regions.


Official website here: www.phillyseaport.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100%

The Independence Seaport Museum received a perfect overall score of 100%, reflecting exceptional standards in both accountability and finance. The organization boasts a fully independent board and has demonstrated excellent financial health, with a program expense ratio of 81.29%, indicating that the majority of its funds are directed toward its programs rather than administrative costs.

In addition to its strong financial practices, the museum is highly rated for its culture and community engagement. It has achieved a perfect score in collecting and utilizing constituent feedback, showcasing a commitment to responsiveness and adaptability to community needs. This aspect highlights the museum’s efforts to maintain an inclusive environment that values public input.

While the financial and operational metrics are impressive, the summary indicates that the organization has not been as extensively evaluated in the area of culture and community compared to its financial practices. Nevertheless, the data reflects a strong commitment to transparency and governance, positioning the Independence Seaport Museum as a model nonprofit in its field.


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

Is Independence Seaport Museum legitimate?

Independence Seaport Museum is a legitimate nonprofit organization registered as a 501(c)(3) entity. Independence Seaport 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: $201,208
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,915,148

For more financial information, click here


Official website here: www.phillyseaport.org

What is the mission statement of Independence Seaport Museum?

The Independence Seaport Museum's mission, in essence, is to explore the historical significance and interconnectedness of Philadelphia's waterways. Serving a diverse audience, the museum preserves its collections as a communal trust, narrating the tales of the people, notable events, and environmental transformations that have shaped the Delaware River and its tributaries. The museum expands its scope beyond Philadelphia, including Camden and portions of southern New Jersey, as well as the Schuylkill river drainage, in its broader definition of the river.


Official website here: www.phillyseaport.org

Who is the CEO of Independence Seaport Museum?

Peter Seibert is the Ceo & President of Independence Seaport Museum. The CEO's salary of Independence Seaport Museum is $138,175 and their total compensation is $154,749.


Official website here: www.phillyseaport.org

What is the revenue of Independence Seaport Museum?

Independence Seaport Museum's revenue in 2022 was $3,083,203.


Official website here: www.phillyseaport.org

Who are the executives of Independence Seaport Museum and what are their salaries?

The average compensation at Independence Seaport Museum during 2022 was $26,789. There are 79 employees and 116 volunteers at Independence Seaport Museum.


Here are 20 key members and their salaries (Independence Seaport Museum's CEO's salary is $138,175 and their total compensation is $154,749):


Peter H Havens (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Ernst (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
James T Giles (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas G Ashton (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Benton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John C Devereux (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Courtney Disston (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Epstein Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Gibbons-Neff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Max Kaiserman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Mcgrath (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur Sulzer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Switlik (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Huston (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William F Moen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph B Lockley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Wood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brett Ej Gorman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Flynn (Executive Vp And Coo)
  • Compensation: $112,633
  • Related: $0
  • Other: $9,576
Peter Seibert (Ceo & President)
  • Compensation: $138,175
  • Related: $0
  • Other: $16,574


Official website here: www.phillyseaport.org

Where can I find the form 990 for Independence Seaport Museum?

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


Official website here: www.phillyseaport.org

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

Mission Statement of Independence Seaport Museum

The Independence Seaport Museum, a vital institution, is dedicated to uncovering Philadelphia's historical river narrative and exploring the intricate web of connections it has with the world. With a strong commitment to serving a diverse audience, the museum preserves its collections as a trust for the community. It weaves together the tales of the individuals, significant events, and environmental transformations that have shaped the Delaware River and its tributaries. Expanding its regional definition beyond Philadelphia, the museum encompasses Camden and portions of the southern New Jersey coast, as well as the Schuylkill river drainage, painting a comprehensive picture of the river's rich history.

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Impact




October, 2024

The Independence Seaport Museum significantly enriches the cultural and educational landscape of Philadelphia by immersing visitors in the historical and environmental narratives of the Delaware River and its surrounding communities. Through a dynamic array of programs, events, and evolving exhibitions, it connects people to the region's maritime heritage and ecological diversity.

Key initiatives such as the award-winning "River Alive" installation educate audiences about the river's ecosystem, while exhibitions like "Tides of Freedom" highlight the crucial contributions of African-Americans to the area's history. These programming elements not only serve to inform and engage the public but also foster a deeper appreciation for the river's role in shaping the local community.

The museum's collection, which includes the Cruiser Olympia and the submarine Becuna, enhances the public's understanding of naval history and maritime technology. Furthermore, the extensive on-the-water educational programming, including kayaking trips to historical and environmental locations, provides hands-on experiences that reinforce learning while promoting environmental stewardship.

By embracing a broad regional definition of the river, the Independence Seaport Museum plays a pivotal role in uniting diverse communities across Philadelphia, Camden, and beyond, ensuring that the stories of the Delaware River and its tributaries are shared and preserved for future generations.




This information is meant to be a general summary of Independence Seaport 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
$3,083,203 (2022)
Expenses
$4,759,833 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $847,365
  • Program Service Revenue: $604,532
  • Gross Receipts: $3,137,966

Assets and Liabilities:

  • Total Assets: $22,539,825
  • Total Liabilities: $976,297
  • Net Assets: $21,563,528

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Programs

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

Museum Admissions

Revenue

$361,927

Boat workshop & rental

Revenue

$181,248

Education

Revenue

$61,357

Organization Details

Founding Year

1960

Principal Officer

Peter Seibert

Main Address

211 S Columbus Blvd, Philadelphia, PA, 19106

NTEE Category

Code: A500 - Arts

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