Overview
What is Maritime Museum Louisiana?
Maritime Museum Louisiana, located at 133 Mabel Drive, Madisonville, LA 70447, is a nonprofit institution dedicated to safeguarding and showcasing the marine, naval, and maritime history of the Lake Pontchartrain Basin, the lower Mississippi River, and the Gulf Coast. The museum achieves this by accumulating, conserving, studying, and presenting significant documents, photographs, maps, and other relevant material that highlight this rich history and the related industries. The Maritime Museum Louisiana serves as an educational and entertaining resource for children, families, and visitors, providing insights into the region's maritime heritage. With a team of 9 dedicated individuals, they work tirelessly to ensure the preservation and interpretation of this vital cultural legacy.
Official website here: www.lpbmm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star Rating)
The Maritime Museum Louisiana has received a Three-Star rating from Charity Navigator, reflecting an overall score of 84%. This rating is solely based on the organization’s accountability and finance practices, indicating a solid performance in these areas. The organization benefits from having a fully independent board and a high program expense ratio of 76.64%, demonstrating a commitment to its mission and effective use of funds.
While the museum shows strengths in board independence and financial management, there are notable areas for improvement. The organization lacks several key policies, including a conflict of interest policy and a whistleblower policy, which are essential for maintaining transparency and accountability. Additionally, the absence of a tax form on the nonprofit's website may hinder public access to important financial information.
Overall, the Maritime Museum Louisiana exhibits a strong financial health and governance structure, but it should address the missing policies to enhance its accountability practices further. This would not only improve its rating but also foster greater trust and engagement with stakeholders and the public.
This AI summary has been generated from information found on Charity Navigator.
Is Maritime Museum Louisiana legitimate?
Maritime Museum Louisiana is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maritime Museum Louisiana 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: $48,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $91,025
For more financial information, click here
Official website here: www.lpbmm.org
What is the mission statement of Maritime Museum Louisiana?
The Maritime Museum Louisiana's mission is centered around preserving the marine, naval, and maritime history of the Lake Pontchartrain Basin, encompassing its cultural heritage. They accomplish this by collecting, preserving, analyzing, interpreting, and showcasing relevant cultural resources. The museum works to maintain a facility that serves as an educational and informative space for families, children, and visitors, showcasing records, documents, manuscripts, maps, photographs, and other significant materials that illustrate the history and industries associated with the region.
Official website here: www.lpbmm.org
Who is the CEO of Maritime Museum Louisiana?
Jim Macpherson is the Executive Director of Maritime Museum Louisiana.
Official website here: www.lpbmm.org
What is the revenue of Maritime Museum Louisiana?
Maritime Museum Louisiana's revenue in 2022 was $544,883.
Official website here: www.lpbmm.org
Who are the executives of Maritime Museum Louisiana and what are their salaries?
The average compensation at Maritime Museum Louisiana during 2022 was $15,447. There are 9 employees and 280 volunteers at Maritime Museum Louisiana.
Here are 18 key members and their salaries:
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Official website here: www.lpbmm.org
Where can I find the form 990 for Maritime Museum Louisiana?
Maritime Museum Louisiana's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lpbmm.org
Learn more at the official website: www.lpbmm.org
Mission Statement of Maritime Museum Louisiana
The Maritime Museum Louisiana is committed to preserving the marine, naval, and maritime history of the Lake Pontchartrain Basin, extending to its cultural heritage. This is achieved by collecting, preserving, analyzing, interpreting, and exhibiting significant cultural resources. The museum serves as a repository, providing a space for children, families, and visitors to engage with various records, documents, manuscripts, maps, photographs, and other historical artifacts that illustrate and explain the history of the lake Pontchartrain basin, the lower Mississippi River, and the Gulf Coast. By doing so, the Maritime Museum Louisiana contributes to a deeper understanding of the associated industries and their role in shaping the region's past.
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Impact
July, 2024
Maritime Museum Louisiana's impact lies in its efforts to preserve the marine, naval, and maritime history of the Lake Pontchartrain Basin, including its cultural heritage. By collecting, preserving, analyzing, interpreting, and exhibiting these cultural resources, the museum serves as a valuable repository for the history of the region. Through its exhibits and programs, Maritime Museum Louisiana educates and engages children, families, and visitors in the rich maritime history of the area, helping to foster a deeper appreciation for the industries and traditions associated with the lake Pontchartrain basin, lower Mississippi River, and the gulf coast.
This information is meant to be a general summary of Maritime Museum Louisiana. 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: $317,564
- Gross Receipts: $696,893
Assets and Liabilities:
- Total Assets: $1,691,745
- Total Liabilities: $305,067
- Net Assets: $1,386,678
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Educational Programs
Revenue
$9,700
Museum Admission Fees
Revenue
$17,099
Wooden Boat Festival
Revenue
$290,765
Organization Details
Founding Year
1991
Principal Officer
Jim Macpherson
Main Address
133 Mabel Drive, Madisonville, LA, 70447
Website
www.lpbmm.orgNTEE Category
Code: A500 - Arts
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