Overview
What is Oyster Museum Inc?
Oyster Museum Inc, also known as the Museum of Chincoteague Island, is a nonprofit organization situated in Chincoteague, Virginia. With a team of eight dedicated individuals, their primary mission is to educate the public about the environmental issues and rich maritime history of the Atlantic Coastal area surrounding Chincoteague. They aim to increase public understanding of the seafood and maritime industries in this region. The organization operates under the name of Museum of Chincoteague Island, contributing significantly to the local community and its heritage.
Official website here: www.chincoteaguemuseum.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Oyster Museum Inc has earned a Three-Star rating from Charity Navigator, reflecting a score of 81% based solely on its Accountability & Finance metrics. This score suggests that the organization demonstrates a strong commitment to financial management and transparency, which is crucial for donor trust and sustainability.
The nonprofit boasts a perfect record in several areas, including independent board member composition and conflict of interest policies, indicating effective governance and oversight. Additionally, the organization has demonstrated responsible asset management, maintaining a favorable liabilities to assets ratio and a commendable program expense ratio, which signifies a focus on its mission-driven activities.
However, while the rating highlights several strengths, it is important for potential donors to consider the overall context of the nonprofit's operations. Although the high scores indicate strong accountability, the absence of other performance beacons—such as results or impact metrics—means that stakeholders should seek additional information regarding the museum's effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Oyster Museum Inc?
94% of users recommend the Oyster Museum Inc based on their experiences. Here is a summary of their reviews:
Many visitors have highlighted the informative nature of their visits, appreciating how the museum effectively brings the island’s history to life. The educational aspect seems to resonate strongly, suggesting that the nonprofit does well in engaging the community and providing valuable insights into the local culture.
Overall, the sentiment is positive, indicating that the Oyster Museum offers a worthwhile experience for those interested in the area's heritage. Visitors leave feeling enlightened and satisfied, reinforcing the museum's role as a valuable resource for both locals and tourists.
This AI summary has been generated from reviews found on Facebook.
Is Oyster Museum Inc legitimate?
Oyster Museum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oyster 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $149,912
For more financial information, click here
Official website here: www.chincoteaguemuseum.com
What is the mission statement of Oyster Museum Inc?
The Oyster Museum Inc is dedicated to educating the public about environmental issues and the maritime history of a coastal area, specifically surrounding Chincoteague Virginia. Their mission involves spreading knowledge and understanding in this field, engaging individuals with the seafood and maritime industries in the area, and addressing the ecological concerns affecting the seafood industry. The museum serves as a platform for public education, promoting awareness and appreciation for the rich maritime heritage and environmental concerns of this coastal region.
Official website here: www.chincoteaguemuseum.com
Who is the CEO of Oyster Museum Inc?
Jay Savage is the President of Oyster Museum Inc.
Official website here: www.chincoteaguemuseum.com
What is the revenue of Oyster Museum Inc?
Oyster Museum Inc's revenue in 2022 was $662,837.
Official website here: www.chincoteaguemuseum.com
Who are the executives of Oyster Museum Inc and what are their salaries?
The average compensation at Oyster Museum Inc during 2022 was $18,739. There are 8 employees at Oyster Museum Inc.
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Official website here: www.chincoteaguemuseum.com
Where can I find the form 990 for Oyster Museum Inc?
Oyster Museum Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chincoteaguemuseum.com
Learn more at the official website: www.chincoteaguemuseum.com
Mission Statement of Oyster Museum Inc
Oyster Museum Inc is committed to educating the public on environmental issues and the rich maritime history of the Atlantic coastal area surrounding Chincoteague, Virginia. Their mission involves sharing knowledge about the seafood and maritime industries in the region, as well as addressing the ecological challenges that impact the seafood sector. By fostering public understanding of these topics, Oyster Museum Inc aims to contribute to a more informed and engaged community.
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Impact
July, 2024
Oyster Museum Inc's impact is centered around educating the public on environmental issues and maritime history, specifically focusing on the Atlantic coastal area surrounding Chincoteague, Virginia. Through its mission of educating the community on seafood and maritime industries in Chincoteague and the surrounding areas, as well as the ecological challenges impacting the seafood industry, Oyster Museum Inc plays a crucial role in raising awareness and promoting understanding of these important issues. The organization's efforts help to preserve the cultural heritage of the region and foster a greater appreciation for its unique environmental and historical significance.
This information is meant to be a general summary of Oyster 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $84
- Program Service Revenue: $567,974
- Gross Receipts: $710,934
Assets and Liabilities:
- Total Assets: $977,298
- Total Liabilities: $2,746
- Net Assets: $974,552
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROADS SCHOLAR
Revenue
$519,695
ADMISSIONS
Revenue
$44,368
CHRISTMAS TREE VILLAGE
Revenue
$3,911
Organization Details
Founding Year
1972
Phone
(757) 336-6117Principal Officer
Jay Savage
Main Address
7125 MADDOX BLVD - PO BOX 352, CHINCOTEAGUE, VA, 23336
Website
www.chincoteaguemuseum.comNTEE Category
Code: A500 - Arts
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