Program areas at Herreshoff Marine Museum
Waterfront and education programs: includes the seamanship program, lectures, the workshop program in classic boat maintenance and educational partnerships. The workshop program in classic boat maintenance provides a hands-on experience in helping to care for the Museum's active-use collection of watercraft. The seamanship program's primary goals are to teach sailing skills and water awareness, to instill a love of the Marine environment and to create lifelong sailors.
Program events: the Museum's monthly lecture series brings the knowledge of established authors, sailors, and experts directly to the public. Topics cover historic maritime events, contemporary exhibits and sailing programs, and ongoing restoration projects and replica builds. Program events also include the Herreshoff classic yacht regatta which brings classic yacht enthusiasts to the Museum on narragansett bay for an annual celebration of the Herreshoff manufacturing company heritage.
Museum activities and admissions: the Herreshoff Marine Museum and america's cup hall of fame are dedicated to the inspiration and education of the public through the presentation of the history and innovative work of the Herreshoff manufacturing company and the america's cup competition. Visitors to the Museum have the opportunity to explore the world's largest collection of any one naval architect's life work. The genius of the Herreshoff brothers is unsurpassed in its cominbation of business acumen and innovation.
Expenses for other program services include Museum store payroll and fixtures, repairs and maintenance of multiple historic buildings on the organization's campus, and specialty projects for content development. The balance of program service revenue is from commercial sponsors.
Who funds Herreshoff Marine Museum
Grants from foundations and other nonprofits
Personnel at Herreshoff Marine Museum
Name | Title | Compensation | Date of data |
---|
Jackie Crosby | Chief Finance Officer | | 2021-03-05 |
Bill Lynn | President and Executive Director | | 2021-03-05 |
William Lynn | Executive Director | $170,355 | 2023-11-15 |
Ted Regan | Director of Advancement | | 2021-03-05 |
John Cobb | Facilities Manager | | 2021-03-05 |
...and 9 more key personnel |
Financials for Herreshoff Marine Museum
Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
---|
Total grants, contributions, etc. | $943,302 | $977,800 | -3.5% |
Program services | $744,075 | $420,912 | 76.8% |
Investment income and dividends | $4,887 | $11,667 | -58.1% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $-67,730 | $18,086 | -474.5% |
Net gain from sale of non-inventory assets | $-18,667 | $2,328 | -901.8% |
Net income from fundraising events | $-16,013 | $-22,520 | 28.9% |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $34,022 | $23,018 | 47.8% |
Miscellaneous revenues | $0 | $0 | - |
Total revenues | $1,623,876 | $1,431,291 | 13.5% |
Organizations like Herreshoff Marine Museum
Organization | Type | Location | Revenue |
---|
Custom House Maritime Museum | 501(c)(3) | Newburyport, MA | $408,073 |
The Valentine | 501(c)(3) | Richmond, VA | $4,443,441 |
Elverhoj Museum of History and Art | 501(c)(3) | Solvang, CA | $533,587 |
Evanston History Center | 501(c)(3) | Evanston, IL | $666,484 |
Amelia Island Museum of History | 501(c)(3) | Fernandina Beach, FL | $534,448 |
Yakima Valley Museum and Historical Association | 501(c)(3) | Yakima, WA | $1,589,706 |
The Henricus Foundation | 501(c)(3) | Chester, VA | $888,524 |
Martha's Vineyard Museum | 501(c)(3) | Vineyard Haven, MA | $3,306,394 |
Museum of Northern Arizona (MNA) | 501(c)(3) | Flagstaff, AZ | $3,192,331 |
Frazier History Museum | 501(c)(3) | Louisville, KY | $5,383,273 |
Data update history
January 9, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 8, 2024
Updated personnel
Identified 3 new personnel
August 7, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Arts, culture, and humanities nonprofitsMuseumsCharities
Issues
Arts, cultural, and humanities
Characteristics
Fundraising eventsState / local levelEndowed supportTax deductible donations
General information
- Address
- 1 Burnside St
- Bristol, RI 02809
- Metro area
- Providence-Warwick, RI-MA
- County
- Bristol County, RI
- Website URL
- herreshoff.org/Â
- Phone
- (401) 253-5000
IRS details
- EIN
- 23-7102744
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1971
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- A54: History Museums
- NAICS code, primary
- 7121: Museums, Historical Sites, and Similar Institutions
- Parent/child status
- Independent
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