EIN 23-7051889

Chesapeake Bay Maritime Museum

Name: Chesapeake Bay Maritime Museum financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

100

City

Saint Michaels

State

Maryland

Year formed

1965

Most recent tax filings

2023-02-01

NTEE code, primary

A50: Museums

Description

The Chesapeake Bay Maritime Museum is dedicated to preserving and exploring the history, environment, and people of the Chesapeake Bay. The small boat collection includes crabbing skiffs, workboats, and log canoes.

Total revenues

$5,635,526

2023

Total expenses

$6,778,078

2023

Total assets

$39,831,590

2023

Num. employees

100

2023

Program areas at Chesapeake Bay Maritime Museum

The Museum is a private non-profit educational institution dedicated to furthering an understanding and appreciation of the Maritime heritage of the Chesapeake Bay through collection education, documentation, exhibition, research and publication. Over 90,000 members and visitord participate on an annual basis. Volunteers provided over 8,000 hours of their time to areas such as education, boat yard and curatorial services. The value of these services is not recorded as an expense.

Who funds Chesapeake Bay Maritime Museum

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
Fidelity Investments Charitable Gift Fund	2023-06	For Grant Recipient's Exempt Purposes	$174,010
Vanguard Charitable Endowment Program	2023-06	For Recipient's Exempt Purpose	$165,000
Farvue Foundation	2023-12	Support	$100,000
...and 19 more grants received totalling $557,508

Personnel at Chesapeake Bay Maritime Museum

Name	Title	Compensation	Date of data
Kristen L. Greenaway	President and Chief Executive Officer	$229,176	2024-09-20
Steven E Byrnes	Chief Operating Officer	$130,431	2023-02-28
Branden Meredith	Chief Financial Officer		2024-09-20
Liz LaCorte	Chief Advancement Officer		2024-09-20
Jill Ferris	Vice President of Education and Interpretation		2024-09-20
...and 12 more key personnel

Financials for Chesapeake Bay Maritime Museum

Revenues	FYE 02/2023	FYE 02/2022	% Change
Total grants, contributions, etc.	$2,445,245	$5,447,686	-55.1%
Program services	$2,100,673	$2,623,117	-19.9%
Investment income and dividends	$594,699	$805,528	-26.2%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$-14,595	$-1,565	-832.6%
Net gain from sale of non-inventory assets	$380,756	$306,876	24.1%
Net income from fundraising events	$0	$-8,248	-100%
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$153,833	$147,303	4.4%
Miscellaneous revenues	$-25,085	$104,055	-124.1%
Total revenues	$5,635,526	$9,424,752	-40.2%

Form 990s for Chesapeake Bay Maritime Museum

Fiscal year ending	Date received by IRS	Form	PDF link
2023-02	2023-08-10	990	View PDF
2022-02	2022-11-14	990	View PDF
2021-02	2021-06-17	990	View PDF
2020-02	2021-04-06	990	View PDF
2019-02	2019-11-02	990	View PDF
...and 8 more Form 990s

Organizations like Chesapeake Bay Maritime Museum

Organization	Type	Location	Revenue
National Mississippi River Museum & Aquarium and National Rivers Hall of Fame	501(c)(3)	Dubuque, IA	$7,070,108
Weitzman National Museum of American Jewish History	501(c)(3)	Philadelphia, PA	$8,234,058
The Heard Museum	501(c)(3)	Phoenix, AZ	$10,832,510
Petersen Automotive Museum Foundation	501(c)(3)	Los Angeles, CA	$25,097,609
Vizcaya Museum and Gardens Trust	501(c)(3)	Miami, FL	$21,650,771
Maine Maritime Museum (MMM)	501(c)(3)	Bath, ME	$2,760,199
Museum of the Moving Image	501(c)(3)	Astoria, NY	$7,152,156
The Jewish Museum	501(c)(3)	New York, NY	$22,492,569
Morris Museum	501(c)(3)	Morristown, NJ	$2,333,845
Milwaukee Public Museum (MPM)	501(c)(3)	Milwaukee, WI	$13,067,827

Data update history

September 20, 2024

Updated personnel

Identified 1 new personnel

July 23, 2024

Received grants

Identified 3 new grant, including a grant for $58,750 from The Seip Family Foundation Limited Evercore Trust

May 18, 2024

Received grants

Identified 7 new grant, including a grant for $6,312 from American Online Giving Foundation

October 25, 2023

Received grants

Identified 1 new grant, including a grant for $27,275 from American Endowment Foundation

October 2, 2023

Posted financials

Added Form 990 for fiscal year 2023

Nonprofit Types

Arts, culture, and humanities nonprofitsMuseumsCharities

Issues

EducationArts, cultural, and humanities

Characteristics

MembershipsConservation easementFundraising eventsState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringGala fundraisersTax deductible donationsAccepts online donations

General information

Address: 213 N Talbot St; Saint Michaels, MD 21663
County: Talbot County, MD
Website URL: cbmm.org/
Phone: (410) 745-2916
Facebook page: mymaritimemuseum
Twitter profile: @cbmmorg

IRS details

EIN: 23-7051889
Fiscal year end: February
Taxreturn type: Form 990
Year formed: 1965
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: A50: Museums
NAICS code, primary: 7121: Museums, Historical Sites, and Similar Institutions
Parent/child status: Independent

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Chesapeake Bay Maritime Museum

Program areas at Chesapeake Bay Maritime Museum

Who funds Chesapeake Bay Maritime Museum

Personnel at Chesapeake Bay Maritime Museum

Financials for Chesapeake Bay Maritime Museum

Form 990s for Chesapeake Bay Maritime Museum

Organizations like Chesapeake Bay Maritime Museum

Nonprofits

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