SEARSPORT, ME
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)PENOBSCOT MARINE MUSEUM, founded in 1936, is a small nonprofit in the Arts, Culture & Humanities sector that reported $917K in total revenue in fiscal year 2024. Expenses of $1.1M exceeded revenue, resulting in a 23% operating deficit.
PENOBSCOT MARINE MUSEUM INSPIRES CURIOSITY AND FOSTERS UNDERSTANDING ABOUT LIFE AND WORK ON THE MAINE COAST TO ENCOURAGE STEWARDSHIP OF OUR COMMUNITIES AND THE SEA.
THE CURATORIAL DEPARTMENT OCCUPIES PORTIONS OF 13 BUILDINGS, WHICH HOUSE THE MUSEUM'S COLLECTION OF APPROXIMATELY 10,000 ARTIFACTS. THOSE ITEMS NOT DISPLAYED ARE STORED IN A SECURE CLIMATE CONTROLLED...
THE CURATORIAL DEPARTMENT OCCUPIES PORTIONS OF 13 BUILDINGS, WHICH HOUSE THE MUSEUM'S COLLECTION OF APPROXIMATELY 10,000 ARTIFACTS. THOSE ITEMS NOT DISPLAYED ARE STORED IN A SECURE CLIMATE CONTROLLED ENVIRONMENT. A COMPUTERIZED DATABASE IS USED TO MANAGE THE ARTIFACTS. THE LIBRARY HOUSES A COLLECTION OF OVER 12,000 BOOKS INCLUDING PAMPHLETS, DOCUMENTS, ORIGINAL CORRESPONDENCE AND GENEALOGICAL RECORDS. THE LIBRARY PHOTOGRAPHIC COLLECTION CONTAINS OVER 300,000 IMAGES OF MARITIME AND REGIONAL PHOTOGRAPHS. ALL LIBRARY COLLECTIONS ARE HOUSED IN A 4,500 SQ FT CLIMATE CONTROLLED BUILDING. LIBRARY COLLECTIONS ARE AVAILABLE FOR RESEARCH, AND THE MAJORITY OF PHOTOGRAPHS IN THE COLLECTION HAVE BEEN DIGITIZED AND MADE AVAILABLE THROUGH A SEARCHABLE ONLINE DATABASE. NEARLY 5,000 VISITORS TOURED THE MUSEUM THIS YEAR. BOTH CHANGING AND TRAVELING EXHIBITS ARE DEVELOPED AND PROMOTED EACH YEAR.
THE EDUCATION DEPARTMENT OFFERS PROGRAMS THROUGHOUT THE YEAR THAT ENGAGE LEARNERS OF ALL AGES WITH THE MUSEUM'S MISSION. ONE CAMPUS BUILDING IS SPECIFICALLY DESIGNATED AS AN INTERACTIVE LEARNING AND...
THE EDUCATION DEPARTMENT OFFERS PROGRAMS THROUGHOUT THE YEAR THAT ENGAGE LEARNERS OF ALL AGES WITH THE MUSEUM'S MISSION. ONE CAMPUS BUILDING IS SPECIFICALLY DESIGNATED AS AN INTERACTIVE LEARNING AND ACTIVITY AREA, AND HANDS-ON COMPONENTS ARE BUILT INTO OTHER EXHIBITS AS WELL. THE EDUCATION DEPARTMENT OFFERS LECTURE SERIES, HANDS-ON WORKSHOPS, SCHOOL FIELD TRIPS, GUIDED TOURS, AND COMMUNITY OUTREACH.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $917,257 | $902,400 | +0.0% |
| Expenses | $1,123,975 | $1,157,884 | 0.0% |
| Net Income | $-206,718 | $-255,484 | -0.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JON JOHANSEN | PRESIDENT/TR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| DEIRDRE H HENDERSON | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| GREGORY CURTIS | FORMER TREAS | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DANIEL NICHOLS | BUILD/GROUND | 1.00 |
Director
|
$0 | $0 | $0 |
| ALONZO ALLEY | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MARY BRANN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| TOM BROWN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMES H DUFF | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| LIZ FITZSIMMONS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ALISON GILCHRIST | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| WAYNE HAMILTON | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CAPTAIN DOUGLAS LEE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CAPTAIN DANIEL PARROTT | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| BRONSON PLATNER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| WENDY ROWLAND | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| WILLIAM WELTE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| KAREN SMITH | EXECUTIVE DI | 40.00 |
Officer
|
$91,010 | $17,410 | $108,420 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $917,257 | $1,123,975 | $7,211,812 | $-206,718 |
| 2024 | $902,400 | $1,157,883 | $7,629,807 | $-255,483 |
| 2023 | $775,940 | $1,124,960 | $7,423,631 | $-349,020 |
| 2022 | $1,504,211 | $1,073,406 | $8,277,134 | $430,805 |
| 2021 | $843,430 | $998,281 | $8,012,407 | $-154,851 |
| 2020 | $861,887 | $952,327 | $7,147,990 | $-90,440 |
| 2019 | $1,002,621 | $938,047 | $7,626,092 | $64,574 |
| 2018 | $948,682 | $864,801 | $7,528,447 | $83,881 |
Compare PENOBSCOT MARINE MUSEUM with other nonprofits in Maine and across the country.