Overview
What is The Mariners' Museum?
The Mariners' Museum, located in Newport News, Virginia, is a nonprofit organization that connects people through the world's waters by celebrating our shared maritime heritage. The museum and park encompass both exhibitions and amenities, including the conservation of the Mariners' Museum collections and the Mariners' Park "Living Collection" which consists of the forest, lake, and wildlife within the 550-acre Mariners' Park. With approximately 150,000 visitors annually, the museum and park employ 124 individuals to engage and educate the public about the rich history of maritime culture.
Official website here: www.marinersmuseum.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 100%, Four-Star out of Four Star rating.
The Mariners' Museum has achieved an impressive Four-Star rating from Charity Navigator, indicating exceptional performance in accountability and finance, culture and community, and leadership and adaptability. The organization scored a perfect 100 in all evaluated categories, reflecting a strong commitment to transparency and effective management practices.
Strengths highlighted in the data include an outstanding program expense ratio of 86.98%, demonstrating a focus on utilizing funds effectively to support its mission. Additionally, the museum's fundraising efficiency ratio of $0.08 signifies that it maintains low costs in raising funds, maximizing the impact of donations received.
Despite its numerous strengths, the high working capital ratio of 14.68 years raises questions about the potential for capital mismanagement or underutilization of resources. Overall, The Mariners' Museum stands out as a well-run nonprofit with a clear dedication to its community and mission, backed by a robust financial framework.
This AI summary has been generated from information found on Charity Navigator.
Is The Mariners' Museum legitimate?
The Mariners' Museum is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Mariners' 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: $449,877
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,316,481
For more financial information, click here
Official website here: www.marinersmuseum.org
What is the mission statement of The Mariners' Museum?
The Mariners' Museum and Park aims to bring people together through our shared maritime heritage, as we are all connected to one another via the world's waters. This institution offers both museum exhibitions and park amenities as means to foster this connection. Furthermore, it is dedicated to conserving the collections housed in the Mariners' Museum and the "Living Collection" within the Mariners' Park, which encompasses a forest, lake, and various wildlife. Approximately 150,000 individuals engage with the museum galleries and the Mariners' Park annually.
Official website here: www.marinersmuseum.org
Who is the CEO of The Mariners' Museum?
Howard H Hoege Iii is the CEO of The Mariners' Museum The CEO's salary of The Mariners' Museum is $224,327 and their total compensation is $247,576.
Official website here: www.marinersmuseum.org
What is the revenue of The Mariners' Museum?
The Mariners' Museum's revenue in 2023 was $9,515,563.
Official website here: www.marinersmuseum.org
Who are the executives of The Mariners' Museum and what are their salaries?
The average compensation at The Mariners' Museum during 2023 was $37,689. There are 153 employees and 159 volunteers at The Mariners' Museum.
Here are 18 key members and their salaries (The Mariners' Museum's CEO's salary is $224,327 and their total compensation is $247,576):
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- Compensation: $224,327
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- Other: $8,653
Official website here: www.marinersmuseum.org
Where can I find the form 990 for The Mariners' Museum?
The Mariners' Museum's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.marinersmuseum.org
Learn more at the official website: www.marinersmuseum.org
Mission Statement of The Mariners' Museum
The Mariners' Museum is a unique nonprofit organization that brings people together through their shared maritime heritage. With a mission to connect individuals to the world's waters, this esteemed institution believes that our maritime history unites us all.
Through its captivating exhibitions at the museum and the enriching amenities at the Mariners' Park, The Mariners' Museum fosters a deep appreciation for the waters that bind us. The museum showcases a vast collection of maritime treasures, while the park offers visitors the opportunity to immerse themselves in nature, with its forest, lake, and diverse wildlife. Together, these elements serve over 150,000 people annually, making a significant impact on their lives.
The Mariners' Museum not only preserves its extensive collections but also nurtures the living collection within the Mariners' Park. This commitment to conservation reflects the organization's dedication to the natural world and our shared connection to it. By providing immersive experiences that celebrate our maritime heritage, The Mariners' Museum strengthens the bonds between people and the waters that have shaped our history and continue to inspire us today.
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Impact
October, 2024
The Mariners' Museum and Park significantly enhances community engagement by connecting people to the world's waters and fostering a sense of shared maritime heritage. It offers diverse exhibitions and amenities, enriching the cultural and educational experiences of approximately 150,000 visitors annually, both within its galleries and the expansive 550-acre Mariners' Park. The preservation efforts for its extensive collections and the park's living ecosystem, which includes forest, lake, and wildlife, further emphasize its commitment to conservation and education. By celebrating the interconnectedness of humanity through maritime history, The Mariners' Museum cultivates a deeper understanding and appreciation for our relationship with water, nature, and each other.
This information is meant to be a general summary of The Mariners' 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: $588,062
- Program Service Revenue: $144,518
- Gross Receipts: $13,473,914
Assets and Liabilities:
- Total Assets: $139,665,066
- Total Liabilities: $9,337,792
- Net Assets: $130,327,274
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$73,367
PHOTOGRAPHY
Revenue
$31,959
EDUCATION PROGRAM FEES
Revenue
$21,645
MEMBERSHIP FEES-PROGRAM SVC
Revenue
$17,547
Organization Details
Founding Year
1930
Principal Officer
Howard H Hoege Iii
Website
www.marinersmuseum.orgNTEE Category
Code: A500 - Arts
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