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Michigan Maritime Museum Inc

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

EIN: 382342806 ✦ South haven, MI ✦ Designated as a 501(c)(3)

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Overview

What is Michigan Maritime Museum Inc?

Michigan Maritime Museum Inc, based in South Haven, Michigan, is a dedicated nonprofit organization that focuses on preserving the maritime history and culture of Michigan's Great Lakes and waterways. With a team of 25 individuals, they achieve this mission through a range of resources and activities. Their primary collection and exhibit, the Friends Goodwill Ship, serves as a rich source for research and public exhibits. The museum's exhibits and research library are open year-round, attracting approximately 18,000 visitors annually. Beyond these physical spaces, the museum also offers maritime education opportunities through various programs and events, ensuring the public remains engaged with this important aspect of Michigan's heritage.


Official website here: www.michiganmaritimemuseum.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82%, Three-Star out of Four Star rating.

The Michigan Maritime Museum Inc has earned an overall score of 82%, reflecting a solid performance in accountability and finance. This rating is notably derived from its strong independent board composition and effective financial oversight, with 100% of board members being independent. The museum has demonstrated prudent financial management with a low liabilities to assets ratio and a commendable program expense ratio, signifying that a significant portion of its funds goes directly toward its mission.

However, the organization has notable areas for improvement. The absence of essential policies such as a conflict of interest policy, whistleblower policy, and document retention and destruction policy has impacted its overall score. Additionally, the nonprofit has not posted its tax form on its website, which is a transparency concern for potential donors and stakeholders.

Overall, while the Michigan Maritime Museum showcases strengths in governance and financial health, addressing the identified gaps in policy documentation would enhance its accountability and potentially improve its rating in the future.


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

Is Michigan Maritime Museum Inc legitimate?

Michigan Maritime Museum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Michigan Maritime Museum 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: $89,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $240,509

For more financial information, click here


Official website here: www.michiganmaritimemuseum.org

What is the mission statement of Michigan Maritime Museum Inc?

The Michigan Maritime Museum Inc is committed to preserving the maritime history and culture of Great Lakes and waterways. Their mission is to provide maritime education opportunities to the public through various means, such as permanent and changing exhibits, a research library, and various programs and events. By leveraging their collections, exhibits, and the Goodwill Ship, the museum offers resources for research and public access year-round. Their efforts aim to engage approximately 18,000 visitors annually.


Official website here: www.michiganmaritimemuseum.org

Who is the CEO of Michigan Maritime Museum Inc?

Patricia Montgomery-Reinert is the Executive Di of Michigan Maritime Museum Inc.


Official website here: www.michiganmaritimemuseum.org

What is the revenue of Michigan Maritime Museum Inc?

Michigan Maritime Museum Inc's revenue in 2022 was $1,366,768.


Official website here: www.michiganmaritimemuseum.org

Who are the executives of Michigan Maritime Museum Inc and what are their salaries?

The average compensation at Michigan Maritime Museum Inc during 2022 was $13,210. There are 25 employees and 134 volunteers at Michigan Maritime Museum Inc.


Here are 21 key members and their salaries:


Patricia Montgomery-Reinert (Executive Di)
  • Compensation: $89,750
  • Related: $0
  • Other: $0
David Bergman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Bosgraaf (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Campbell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathy Carmichael (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Debest (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Dykhuis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jan Frizzo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Gignac (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Hoppes (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Knight (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Kozicki (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Mcclendon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Olsen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Richardson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Shea (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Smith (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Thompson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lloyd Thompson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruth Wiser (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Woodruff (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.michiganmaritimemuseum.org

Where can I find the form 990 for Michigan Maritime Museum Inc?

Michigan Maritime Museum Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.michiganmaritimemuseum.org

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

Mission Statement of Michigan Maritime Museum Inc

Michigan Maritime Museum Inc is committed to safeguarding the rich maritime history and culture of Michigan's Great Lakes and waterways. The organization achieves this mission by offering maritime education opportunities to the public. This is accomplished through permanent and rotating exhibits, a well-resourced research library, and various programs and events. The museum's collections, exhibits, and the Goodwill Ship serve as primary resources for research and exhibits, attracting approximately 18,000 visitors year-round. The museum's educational initiatives provide a valuable platform for the public to engage with and learn about Michigan's maritime heritage.

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Impact




July, 2024

Michigan Maritime Museum Inc's impact is significant in the preservation of Michigan's Great Lakes and waterways, maritime history, and culture. Through its dedication to providing maritime education opportunities to the public, the museum serves as a valuable resource for both residents and visitors. Its collection of exhibits, research library, and events attract approximately 18,000 visitors annually, creating awareness and appreciation for Michigan's rich maritime heritage. By offering accessible and engaging programs, the museum plays a key role in fostering a deeper understanding of the importance of the Great Lakes and water-based traditions in Michigan's history.




This information is meant to be a general summary of Michigan Maritime Museum 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.

Revenue
$1,366,768 (2022)
Expenses
$756,472 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,794
  • Program Service Revenue: $460,588
  • Gross Receipts: $1,649,730

Assets and Liabilities:

  • Total Assets: $9,918,291
  • Total Liabilities: $223,834
  • Net Assets: $9,694,457

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Programs

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

ON-WATER EXHIBIT

Revenue

$422,675

ADMISSIONS

Revenue

$37,913

Organization Details

Founding Year

1977

Principal Officer

Patricia Montgomery-Reinert

Main Address

260 DYCKMAN AVE, SOUTH HAVEN, MI, 49090

NTEE Category

Code: A500 - Arts

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