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Florida Keys History Of Diving 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: 651037158 ✦ Islamorada, FL ✦ Designated as a 501(c)(3)

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Overview

What is Florida Keys History Of Diving Museum Inc?

Florida Keys History of Diving Museum Inc, located in Islamorada, Florida, is a dedicated nonprofit organization with a mission to preserve, educate, and showcase the global journey of underwater exploration. Established with a vision to collect, preserve, and display artifacts, books, documents, photographs, and oral histories related to diving, the museum has become a hub for over 23,000 visitors from 69 countries and all 50 U.S. states. The museum's exhibits include interactive and hands-on displays, audio-visual presentations, a saltwater aquarium, the world's largest collection of diving equipment, and a special tribute to South Florida's unique contributions to diving history. Additionally, the museum houses the Diving History Research Library, which serves as a free meeting room venue for nonprofit organizations with similar missions. Employing a team of 8 individuals, the museum is a treasure trove of underwater exploration history and a testament to mankind's fascination with the mysteries of the deep sea.


Official website here: www.divingmuseum.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%, Three-Star out of Four Star rating.

The Florida Keys History of Diving Museum Inc has received a commendable score of 81%, reflecting a strong commitment to accountability and finance. The rating, which is entirely derived from its accountability and finance metrics, indicates prudent financial management practices. This includes a high program expense ratio of 88.77%, suggesting that a substantial portion of its resources is directed towards its mission.

The organization boasts a fully independent board, with all board members (10 out of 10) being independent, which enhances its governance structure. Additionally, it has successfully implemented various policies, including those for conflict of interest and whistleblower protection, demonstrating a robust commitment to transparency and ethical operations.

However, while the organization shows strong financial health and governance practices, there are no specific details regarding its overall impact or effectiveness in achieving its mission. As such, while the financial aspects are well-managed, potential donors and supporters may want to consider seeking additional information on the museum's operational outcomes and community engagement efforts.


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

Is Florida Keys History Of Diving Museum Inc legitimate?

Florida Keys History Of Diving Museum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida Keys History Of Diving 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: $80,364
Professional Fundraising Fees: $0
Other Salaries and Wages: $148,526

For more financial information, click here


Official website here: www.divingmuseum.org

What is the mission statement of Florida Keys History Of Diving Museum Inc?

The Florida Keys History of Diving Museum Inc is committed to the preservation, education, and exhibition of the global journey to explore beneath the ocean's surface. Their mission involves collecting, preserving, and displaying artifacts, antiques, books, documents, photographs, and oral histories related to the history of diving. The museum aims to tell the international story of attempts to explore, understand, and venture under the sea, highlighting the unique role that various regions, including South Florida and the Florida Keys, have played in this untold story.


Official website here: www.divingmuseum.org

Who is the CEO of Florida Keys History Of Diving Museum Inc?

Dr Sally E Bauer is the Executive Director of Florida Keys History Of Diving Museum Inc.


Official website here: www.divingmuseum.org

What is the revenue of Florida Keys History Of Diving Museum Inc?

Florida Keys History Of Diving Museum Inc's revenue in 2022 was $811,697.


Official website here: www.divingmuseum.org

Who are the executives of Florida Keys History Of Diving Museum Inc and what are their salaries?

The average compensation at Florida Keys History Of Diving Museum Inc during 2022 was $28,611. There are 8 employees and 63 volunteers at Florida Keys History Of Diving Museum Inc.


Here are 10 key members and their salaries:


Lisa Mongelia (Executive Director)
  • Compensation: $78,882
  • Related: $0
  • Other: $0
Kristin Misso (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sally Bauer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barb Draves (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert W Murray (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Dutton (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Hazelbaker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patti Gross (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Eileen Vitale (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erik Denson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.divingmuseum.org

Where can I find the form 990 for Florida Keys History Of Diving Museum Inc?

Florida Keys History Of Diving Museum Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.divingmuseum.org

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

Mission Statement of Florida Keys History Of Diving Museum Inc

The Florida Keys History of Diving Museum Inc is committed to preserving, educating, and showcasing the global tale of humanity's quest to explore beneath the ocean's surface. This nonprofit organization collects, preserves, displays, and interprets various artifacts, antiques, books, documents, photographs, and oral histories related to the history of diving. The museum aims to tell an international story, highlighting the attempts to understand, explore, and venture beneath the sea. Furthermore, the museum celebrates the unique role that South Florida and the Florida Keys played in this fascinating and largely untold story.

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Impact




July, 2024

The Florida Keys History Of Diving Museum Inc has made a significant impact by preserving, educating, and exhibiting the worldwide story of underwater exploration. The museum has welcomed visitors from 69 countries and all 50 states, totaling 23,282 visitors who have experienced exhibits showcasing over 4,000 years of diving history. The interactive and hands-on exhibits, audio/visual presentations, saltwater aquarium, and the world's largest display of diving equipment all contribute to a rich and immersive experience for visitors.

Furthermore, the museum's diving history research library, opened in 2012, serves as a complimentary meeting room venue for organizations with similar missions, fostering collaboration and knowledge-sharing within the diving community. By collecting, preserving, and interpreting artifacts, antiques, books, documents, photographs, and oral history related to the history of diving, the museum not only tells the international story of underwater exploration but also highlights the unique contributions of South Florida and the Florida Keys to this narrative. Through its efforts, the Florida Keys History Of Diving Museum Inc has played a crucial role in celebrating and honoring the legacy of diving history.




This information is meant to be a general summary of Florida Keys History Of Diving 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
$811,697 (2022)
201120122013201420152016201720182019202020212022$0$250k$500k$750k$1M
Expenses
$404,040 (2022)
201120122013201420152016201720182019202020212022$0$150k$300k$450k$600k
Efficiency
2011201220132014201520162017201820192020202120220%10%20%30%40%50%

Other financial information:

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

  • Investment Income: $184,471
  • Program Service Revenue: $287,450
  • Gross Receipts: $2,069,034

Assets and Liabilities:

  • Total Assets: $4,315,497
  • Total Liabilities: $522
  • Net Assets: $4,314,975

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Programs

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

ADMISSION TICKETS

Revenue

$287,450

Organization Details

Founding Year

2000

Principal Officer

Dr Sally E Bauer

Main Address

82990 OVERSEAS HIGHWAY, ISLAMORADA, FL, 33036

NTEE Category

Code: A80 - Arts

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