Overview
What is Tilghman Watermens Museum Inc?
Tilghman Watermens Museum Inc is a nonprofit organization situated in Tilghman, Maryland. Its primary mission is to preserve and showcase the cultural heritage and history of the Eastern Shore watermen and Tilghman Island. The museum aims to educate the public about various aspects related to this heritage, including its historical, environmental, economic, and social aspects. The Tilghman Watermens Museum honors the work and lifestyle of the local watermen and their families, thereby celebrating their rich cultural background.
Official website here: www.tilghmanmuseum.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Stars)
Tilghman Watermens Museum Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in the area of Accountability and Finance. The rating is primarily based on a single beacon score, which indicates the organization’s strong commitment to financial transparency and responsible governance.
One of the key strengths of the museum is its fully independent board, which consists of nine members. This independence is complemented by a high program expense ratio of 87.17%, showing that a significant portion of their expenses is dedicated to their mission-driven programs. Additionally, the organization has effectively managed its liabilities, achieving a low liabilities-to-assets ratio of 9.99%.
However, there are some limitations noted in their accountability practices. The museum is lacking policies in areas such as conflict of interest, whistleblower protections, and document retention, which may raise concerns about governance practices. Despite these gaps, the organization demonstrates a commitment to transparency with a well-documented governance structure and meeting minutes available for review.
This AI summary has been generated from information found on Charity Navigator.
Is Tilghman Watermens Museum Inc legitimate?
Tilghman Watermens Museum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tilghman Watermens 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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Official website here: www.tilghmanmuseum.org
What is the mission statement of Tilghman Watermens Museum Inc?
The Tilghman Watermens Museum Inc is dedicated to honoring the work and culture of watermen and their families from Tilghman Island. Their mission is to establish a museum that serves to preserve the heritage and culture of the Eastern Shore watermen. This institution aims to educate the public about the historical, environmental, economic, and social aspects associated with this heritage. By doing so, the museum aims to shed light on the rich history and traditions of watermen and their communities.
Official website here: www.tilghmanmuseum.org
What is the revenue of Tilghman Watermens Museum Inc?
Tilghman Watermens Museum Inc's revenue in 2023 was $107,996.
Official website here: www.tilghmanmuseum.org
Who are the executives of Tilghman Watermens Museum Inc and what are their salaries?
There 50 volunteers at Tilghman Watermens Museum Inc.
Here are 9 key members and their salaries:
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Official website here: www.tilghmanmuseum.org
Where can I find the form 990 for Tilghman Watermens Museum Inc?
Tilghman Watermens Museum Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.tilghmanmuseum.org
Learn more at the official website: www.tilghmanmuseum.org
Mission Statement of Tilghman Watermens Museum Inc
Tilghman Watermens Museum Inc is dedicated to honoring and preserving the work and culture of Tilghman Island watermen and their families. Its mission, in simple terms, is to establish a museum that serves as a repository of the Eastern Shore watermen's heritage and Tilghman Island's culture. The museum aims to educate the public on various aspects of this heritage, including its historical, environmental, economic, and social dimensions. By doing so, Tilghman Watermens Museum Inc seeks to celebrate and safeguard the rich legacy of Tilghman Island watermen and their families, ensuring that their stories and traditions are passed on to future generations.
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Impact
October, 2024
Tilghman Watermens Museum Inc has a significant impact on preserving and celebrating the heritage and culture of watermen and their families from Tilghman Island and the broader Eastern Shore region. By creating an engaging space dedicated to the historical, environmental, economic, and social aspects of this unique way of life, the museum serves as a vital resource for education and cultural enrichment.
It highlights the traditions and skills of local watermen, fostering a deeper understanding and appreciation of their contributions to the community and the economy. Through exhibitions and educational programs, the museum not only honors the past but also informs future generations about the importance of sustainable practices and the continuing relevance of watermen in today’s society. In doing so, it cultivates a sense of identity and pride among community members while engaging visitors in the rich maritime heritage of Tilghman Island.
This information is meant to be a general summary of Tilghman Watermens 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 2023.
- Investment Income: $172
- Gross Receipts: $137,935
Assets and Liabilities:
- Total Assets: $785,274
- Total Liabilities: $84,634
- Net Assets: $700,640
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Organization Details
Founding Year
2007
Principal Officer
Grant Norris
Website
www.tilghmanmuseum.orgNTEE Category
Code: A80 - Arts
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