Overview
What is Camden Shipyard Maritime Museum?
The Camden Shipyard Maritime Museum is a nonprofit institution situated in Camden, with a mission to enlighten and captivate the public about the city's profound maritime history and its pivotal role in global shipbuilding and seafaring expeditions. Acting as a cornerstone for cultural enrichment and community advancement in Camden's waterfront district, the museum aims to disseminate knowledge about Camden's significant maritime contributions worldwide.
Official website here: www.camdenshipyardmuseum.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The Camden Shipyard Maritime Museum has achieved a Three-Star rating with an overall score of 83%, indicating a solid performance in accountability and finance. This rating is derived solely from the accountability and finance beacon, highlighting the museum's strong governance practices, which include a fully independent board of directors and no material diversion of assets. The museum’s financial health is further demonstrated by its low liabilities to assets ratio of 8.27% and a high program expense ratio of 81.41%, suggesting that the majority of funds are directed towards its programs.
Strengths of the organization include robust policies for conflicts of interest and comprehensive documentation of board meeting minutes. The museum has also ensured transparency by listing its website on the tax form, which enhances its accountability to stakeholders. These factors contribute positively to its overall rating and reflect a commitment to responsible financial management.
However, there are some limitations, notably the absence of a whistleblower policy and document retention and destruction policy. While these gaps do not significantly detract from the museum's overall performance, addressing them could enhance its governance framework and increase trust among supporters. Overall, the Camden Shipyard Maritime Museum demonstrates strong financial responsibility and governance, making it a viable option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Camden Shipyard Maritime Museum legitimate?
Camden Shipyard Maritime Museum is a legitimate nonprofit organization registered as a 501(c)(3) entity. Camden Shipyard Maritime 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.
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For more financial information, click here
Official website here: www.camdenshipyardmuseum.org
What is the mission statement of Camden Shipyard Maritime Museum?
The Camden Shipyard Maritime Museum's mission is centered around educating the global community about Camden's substantial maritime heritage and its significant role in global shipbuilding and seafaring exploration. The museum aims to serve as a cultural beacon, enriching citizens and contributing to the development of Camden's waterfront neighborhood. Its primary objective is to spread awareness and appreciation for Camden's historical contributions to the maritime world.
Official website here: www.camdenshipyardmuseum.org
What is the revenue of Camden Shipyard Maritime Museum?
Camden Shipyard Maritime Museum's revenue in 2024 was $247,017.
Official website here: www.camdenshipyardmuseum.org
Who are the executives of Camden Shipyard Maritime Museum and what are their salaries?
Here are 14 key members and their salaries:
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- Compensation: $32,917
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Official website here: www.camdenshipyardmuseum.org
Where can I find the form 990 for Camden Shipyard Maritime Museum?
Camden Shipyard Maritime Museum's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.camdenshipyardmuseum.org
Learn more at the official website: www.camdenshipyardmuseum.org
Mission Statement of Camden Shipyard Maritime Museum
The Camden Shipyard Maritime Museum is committed to enlightening the world about Camden's profound maritime heritage and its substantial contributions to global shipbuilding and seafaring exploration. By serving as a cornerstone for cultural enrichment and community development within Camden's waterfront neighborhood, the museum aims to educate, inspire, and engage citizens. Through its mission, the museum seeks to establish a comprehensive understanding of Camden's significant role in the maritime world, fostering a sense of pride and appreciation for its historical contributions.
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Impact
October, 2024
The Camden Shipyard Maritime Museum plays a crucial role in preserving and celebrating the rich maritime heritage of Camden, New Jersey. By educating the public about the city’s significant contributions to global shipbuilding and seafaring exploration, the museum fosters a sense of pride and identity within the community. It serves as an anchor institution that promotes cultural enrichment and community development, particularly in Camden's waterfront neighborhood.
Through its educational programs, the museum engages citizens of all ages, inspiring them to explore the history of maritime activities and their impact on the region and beyond. By highlighting Camden's historical significance in the maritime industry, the museum opens avenues for dialogue about cultural heritage and its relevance today. Additionally, it acts as a community hub, encouraging collaboration and interaction among residents, visitors, and local organizations, which in turn strengthens community ties and supports local development initiatives.
This information is meant to be a general summary of Camden Shipyard Maritime 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 2024.
- Investment Income: $56
- Gross Receipts: $247,017
Assets and Liabilities:
- Total Assets: $2,375,814
- Total Liabilities: $201,800
- Net Assets: $2,174,014
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Organization Details
Founding Year
2007
Principal Officer
Jack O'Byrne
Website
www.camdenshipyardmuseum.orgNTEE Category
Code: A50 - Arts
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