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Herreshoff Marine Museum

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237102744 ✦ Bristol, RI ✦ Designated as a 501(c)(3)

Overview

What is Herreshoff Marine Museum?

The Herreshoff Marine Museum, located in Bristol, Rhode Island (02809), is a nonprofit organization dedicated to preserving and sharing the history of the Herreshoff Manufacturing Company and America's Cup. Their waterfront and educational programs cater to various interests, including the Seamanship Program, lectures, and a hands-on workshop in classic boat maintenance. The workshop provides an opportunity to contribute to the museum's active-use collection of watercraft. The primary goal of the Seamanship Program is to impart sailing skills, foster a love for marine environments, and inspire lifelong sailors. With a team of 47 dedicated individuals, the Herreshoff Marine Museum is committed to interpreting and showcasing the achievements of this significant maritime company.


Official website here: www.herreshoff.org

Is Herreshoff Marine Museum legitimate?

Herreshoff Marine Museum is a legitimate nonprofit organization registered as a 501(c)(3) entity. Herreshoff Marine Museum 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.

Here are some key statistics you may want to consider:

Executive Compensation: $202,458
Professional Fundraising Fees: $0
Other Salaries and Wages: $480,175

For more financial information, click here


Official website here: www.herreshoff.org

What is the mission statement of Herreshoff Marine Museum?

The Herreshoff Marine Museum's primary mission is to interpret and showcase the history and accomplishments of the Herreshoff Manufacturing Company and America's Cup. To achieve this, the museum offers a variety of waterfront and educational programs. These include lectures, a workshop program in classic boat maintenance, and educational partnerships. The workshop program in classic boat maintenance provides a hands-on experience in maintaining the museum's active-use collection of watercraft. The Seamanship Program's main objectives are to teach sailing skills, promote water awareness, and foster a love for the marine environment, aiming to create lifelong sailors.


Official website here: www.herreshoff.org

Who is the CEO of Herreshoff Marine Museum?

William Lynn is the Director of Herreshoff Marine Museum.


Official website here: www.herreshoff.org

What is the revenue of Herreshoff Marine Museum?

Herreshoff Marine Museum's revenue in 2022 was $1,623,876.


Official website here: www.herreshoff.org

Who are the executives of Herreshoff Marine Museum and what are their salaries?

The average compensation at Herreshoff Marine Museum during 2022 was $14,524. There are 47 employees and 45 volunteers at Herreshoff Marine Museum.

Here are 22 key members and their salaries:

    William H Lynn (President And Executive Di) [Trustee/Director]
  • Compensation: $170,355
  • Related: $0
  • Other: $11,460

    • Robert Ayerle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nevin Carr (Chair - Nominating & Governance) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Culora (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Ford (Chairman Emeritus) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Halsey C Herreshoff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Halsey C Herreshoff Ii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Geoffrey Hopper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lawrence D Lavers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Jay Picotte (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alison Ponder (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert D Yaro (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Burmeister (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Eddleston (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Hall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gina Macdonald (Chair - Planning) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Kloeblen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dana Coste (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Gerard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Bob Girrier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Timothy L Palmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elisabeth Lavers (Ex Officio, Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.herreshoff.org

    Where can I find the form 990 for Herreshoff Marine Museum?

    The Herreshoff Marine Museum’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.herreshoff.org

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

    Mission Statement of Herreshoff Marine Museum

    The Herreshoff Marine Museum's mission lies in interpreting the rich history and significant achievements of the Herreshoff Manufacturing Company and America's Cup. In essence, the museum aims to educate visitors about the Herreshoff Manufacturing Company's legacy and the renowned sailing competition, America's Cup.

    To fulfill this mission, the Herreshoff Marine Museum offers a variety of waterfront and educational programs. Among these, the Seamanship Program stands out. Its primary goal is to impart sailing skills and foster a deep appreciation for the marine environment. By teaching water awareness and nurturing a passion for sailing, the program aspires to create lifelong sailors.

    In addition to the Seamanship Program, the museum also hosts a Workshop Program in classic boat maintenance. This hands-on experience allows participants to contribute to the care of the museum's active-use collection of watercraft. By providing this opportunity, the Herreshoff Marine Museum encourages engagement and fosters a sense of responsibility towards preserving maritime heritage.

    Impact

    This information is meant to be a general summary of Herreshoff Marine Museum. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Herreshoff Marine Museum plays a vital role in interpreting the history and accomplishments of the Herreshoff Manufacturing Company and America's Cup. Through waterfront and education programs such as the Seamanship Program, lectures, and workshops in classic boat maintenance, the museum provides hands-on experiences that serve to educate and inspire visitors. By fostering a love for the marine environment, teaching sailing skills, and preserving the heritage of watercraft, the museum has a significant impact on the maritime community and helps create lifelong sailors.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $-13,780
  • Program Service Revenue: $744,075
  • Gross Receipts: $2,123,920

    • Assets and Liabilities:
  • Total Assets: $4,774,200
  • Total Liabilities: $1,430,934
  • Net Assets: $3,343,266
  • Programs

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

    EDUCATION PROGRAMS

    Revenue

    $257,879

    MISC MUSEUM REVENUE

    Revenue

    $249,770

    WATERFRONT PROGRAMS

    Revenue

    $181,610

    ADMISSIONS

    Revenue

    $46,843

    MUSEUM ACTIVITIES

    Revenue

    $7,973

    Organization Details

    Founding Year

    1971

    Principal Officer

    William Lynn

    Main Address

    ONE BURNSIDE STREET, BRISTOL, RI, 02809

    NTEE Category

    Code: A540 - Arts

    If you are a representative of Herreshoff Marine Museum and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.