Overview
What is Newburyport Maritime Society Inc?
Newburyport Maritime Society Inc, based at 25 Water Street, Newburyport, MA 01950, is a dedicated nonprofit organization. Their primary mission is to protect, preserve, and interpret the maritime heritage of the lower Merrimack Valley region and its connection to American history. They achieve this goal through various activities, including operating the Custom House Maritime Museum. This museum houses a collection of intriguing maritime artifacts and hosts educational lectures, exhibits, and events centered around maritime topics. The society employs a team of 10 individuals, working tirelessly to share their passion for the region's maritime past with the community and beyond.
Official website here: www.customhousemaritimemuseum.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star rating.
The Newburyport Maritime Society Inc has received an overall score of 87%, reflecting a solid performance in accountability and finance. With a high score of 93% in this area, the organization demonstrates strong governance practices, including 100% independent board members and effective financial oversight. However, the absence of a whistleblower policy and a document retention policy indicates some areas for improvement in their governance framework.
In terms of program efficiency, the society maintains a program expense ratio of 68.33%, suggesting that a significant portion of its resources is directed towards its mission-related activities. The financial health is also commendable, as evidenced by a low liabilities to assets ratio of 0.30%. These factors contribute positively to the organization’s overall resilience and capacity to fulfill its mission.
On the cultural and community engagement front, the society scores a perfect 100%, highlighting its effective practices in feedback collection and usage. This indicates a commitment to stakeholder engagement and continual improvement, which can enhance the organization's relevance and impact in the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Newburyport Maritime Society Inc legitimate?
Newburyport Maritime Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newburyport Maritime Society Inc 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: $80,223
Professional Fundraising Fees: $0
Other Salaries and Wages: $96,185
For more financial information, click here
Official website here: www.customhousemaritimemuseum.org
What is the mission statement of Newburyport Maritime Society Inc?
The Newburyport Maritime Society Inc, in its mission, focuses on preserving and interpreting the maritime heritage of the lower Merrimack Valley region, connecting it to the broader context of American history. To fulfill this objective, they operate the Custom House Maritime Museum, which houses a collection of historical maritime artifacts. The society also provides educational opportunities through lectures and exhibits, sharing insights on various maritime topics.
Official website here: www.customhousemaritimemuseum.org
Who is the CEO of Newburyport Maritime Society Inc?
Jack Santos is the Director of Newburyport Maritime Society Inc.
Official website here: www.customhousemaritimemuseum.org
What is the revenue of Newburyport Maritime Society Inc?
Newburyport Maritime Society Inc's revenue in 2022 was $548,430.
Official website here: www.customhousemaritimemuseum.org
Who are the executives of Newburyport Maritime Society Inc and what are their salaries?
The average compensation at Newburyport Maritime Society Inc during 2022 was $17,641. There are 10 employees and 20 volunteers at Newburyport Maritime Society Inc.
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- Compensation: $44,769
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- Other: $3,323
Official website here: www.customhousemaritimemuseum.org
Where can I find the form 990 for Newburyport Maritime Society Inc?
Newburyport Maritime Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.customhousemaritimemuseum.org
Learn more at the official website: www.customhousemaritimemuseum.org
Mission Statement of Newburyport Maritime Society Inc
Newburyport Maritime Society Inc, a dedicated organization, is committed to safeguarding and showcasing the maritime history of the lower Merrimack Valley region and its connection to American history. Their primary mission is to preserve and interpret this rich maritime heritage, providing valuable insights into our past. To accomplish this, they operate the Custom House Maritime Museum, which houses a collection of intriguing maritime artifacts. Through educational lectures, exhibits, and programs focused on maritime topics, they aim to educate and engage the public in the stories and traditions of the region's seafaring past.
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Impact
July, 2024
Newburyport Maritime Society Inc has made a significant impact on preserving and interpreting the maritime heritage of the lower Merrimack Valley region and its connection to American history. Through the operation of the Custom House Maritime Museum, the organization offers a valuable collection of historic maritime artifacts to the public. Additionally, their educational programs, lectures, and exhibits on maritime topics serve to inform and engage the community in this important aspect of our shared heritage. Overall, Newburyport Maritime Society Inc's efforts play a key role in enriching cultural understanding and awareness, especially in the arts sector.
This information is meant to be a general summary of Newburyport Maritime Society Inc. 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 2022.
- Investment Income: -$10,889
- Program Service Revenue: $26,294
- Gross Receipts: $821,409
Assets and Liabilities:
- Total Assets: $2,329,514
- Total Liabilities: $7,119
- Net Assets: $2,322,395
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Museum program
Revenue
$26,294
Organization Details
Founding Year
1968
Phone
(978) 462-8681Principal Officer
Jack Santos
Main Address
25 Water Street, Newburyport, MA, 01950
NTEE Category
Code: A500 - Arts
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