Overview
What is Palm Beach Maritime Museum Inc?
The Palm Beach Maritime Museum Inc, a non-profit organization based, is dedicated to advancing marine science, technology, and history through funding from public and private grants and generous contributions. The mission of PBMM is to enhance our community's connection to the marine world by exploring its rich history and encouraging technological innovation. By engaging the public through educational programs and exhibits, PBMM fosters a greater appreciation for the marine environment and the role it plays in our lives.
Official website here: www.palmbeachmaritimeacademy.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58% (One-Star out of Four Stars)
The Palm Beach Maritime Museum Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. While the organization boasts a fully independent board and maintains a high program expense ratio, its overall score reflects serious weaknesses, particularly in the areas of financial documentation and policies.
Strengths include the presence of 100% independent board members and effective documentation of board meeting minutes. Additionally, the museum demonstrates a strong commitment to its programs, as evidenced by a high program expense ratio of 97.56%. However, the absence of key financial statements and missing policies, such as a whistleblower policy and document retention guidelines, raises questions about its governance and transparency.
These limitations hinder the organization’s ability to provide a clear picture of its financial health. With a liabilities to assets ratio nearing 90%, the museum may face challenges in sustainability unless these issues are addressed. Overall, while there are notable strengths, the deficiencies in financial practices and policies warrant concern from potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Palm Beach Maritime Museum Inc?
86% of 66 reviewers on Facebook recommend the Palm Beach Maritime Museum Inc. Here's a summary of their reviews:
The sentiment towards the museum is generally positive, with many patrons appreciating the educational activities and exhibits focused on maritime history. Visitors often express admiration for the friendly staff and engaging programs designed for families. The museum seems to cater well to those looking for informative leisure time, particularly for families with children.
However, it's important to note that some reviews may not pertain to the museum directly, which might affect the overall perception. Despite the occasional off-topic comment, overall, the experiences shared reflect that the nonprofit takes pride in promoting maritime heritage and providing enjoyable experiences to their visitors.
This AI summary has been generated from reviews found on Facebook.
Is Palm Beach Maritime Museum Inc legitimate?
Palm Beach Maritime Museum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Palm Beach 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:
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.palmbeachmaritimeacademy.org/
What is the mission statement of Palm Beach Maritime Museum Inc?
The Palm Beach Maritime Museum is a non-profit organization dedicated to enhancing marine science, technology, and history. Through public and private grants and various charitable contributions, the museum strives to promote awareness and understanding of maritime-related subjects. Its mission encompasses the exploration and preservation of the region's rich maritime history and the advancement of marine science and technology. The museum provides educational programs, exhibits, and events to inspire and engage audiences of all ages, fostering a deeper appreciation for the marine world and its importance.
Official website here: www.palmbeachmaritimeacademy.org/
Who is the CEO of Palm Beach Maritime Museum Inc?
Andrew Binns is the Chairman of Palm Beach Maritime Museum Inc.
Official website here: www.palmbeachmaritimeacademy.org/
What is the revenue of Palm Beach Maritime Museum Inc?
Palm Beach Maritime Museum Inc's revenue in 2022 was $12,542,003.
Official website here: www.palmbeachmaritimeacademy.org/
Who are the executives of Palm Beach Maritime Museum Inc and what are their salaries?
There are 186 employees and 10 volunteers at Palm Beach Maritime Museum Inc.
Here are 8 key members and their salaries:
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Official website here: www.palmbeachmaritimeacademy.org/
Where can I find the form 990 for Palm Beach Maritime Museum Inc?
Palm Beach Maritime Museum Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.palmbeachmaritimeacademy.org/
Learn more at the official website: www.palmbeachmaritimeacademy.org/
Mission Statement of Palm Beach Maritime Museum Inc
The Palm Beach Maritime Museum, or PBMM, is a dedicated non-profit organization with a mission to advance marine science, technology, and history. positioning itself as a significant player in this field through financial support from public and private grants and various charitable contributions.
With a commitment to making a difference, PBMM focuses on enhancing the public's understanding and appreciation of maritime-related subjects. By promoting research, education, and preservation efforts, this esteemed organization continues to make strides in fostering a deeper connection to the marine world and its rich history. Through its various initiatives, PBMM strives to engage and inspire individuals, fostering a sense of discovery and learning.
Moreover, PBMM's mission extends beyond mere knowledge acquisition. It aspires to create a community where people can come together to share their passion for the marine world, exchange ideas, and collaborate on projects. Through its educational programs, workshops, and exhibitions, PBMM offers opportunities for individuals to engage in hands-on experiences and deepen their understanding of the marine sciences and history.
In conclusion, the Palm Beach Maritime Museum stands as a beacon of knowledge and inspiration for those interested in the marine world. By fostering a culture of research, education, and preservation, the organization plays a vital role in advancing our collective understanding of marine science, technology, and history.
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Impact
October, 2024
Palm Beach Maritime Museum Inc significantly enhances the understanding and appreciation of marine science, technology, and history. Located in Lantana, Florida, it serves as a vital resource for community education and engagement, providing access to a wealth of knowledge about maritime heritage. Through various public and private funding sources, the museum develops programs and exhibits that foster awareness of our marine environment and its significance.
By offering educational opportunities and hands-on experiences, the museum invites individuals of all ages to explore marine topics, thereby enriching the local culture and promoting environmental stewardship. Its activities not only celebrate the maritime history of the region but also encourage innovation in marine technology, positioning the museum as a key player in both education and conservation efforts within the community.
This information is meant to be a general summary of Palm Beach 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $10,845,735
- Gross Receipts: $12,542,003
Assets and Liabilities:
- Total Assets: $20,865,906
- Total Liabilities: $18,838,819
- Net Assets: $2,027,087
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FTE-PER STUDENT FUNDING
Revenue
$9,649,852
FEDERAL FUNDING
Revenue
$1,195,883
Organization Details
Founding Year
1974
Phone
(561) 540-5147Principal Officer
Andrew Binns
Main Address
1518 W LANTANA ROAD, LANTANA, FL, 33462
NTEE Category
Code: A500 - Arts
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