MARITIME INDUSTRY MUSEUM AT FORT SCHULYER

EIN: 133789884 501(c)(3) Arts, Culture & Humanities

BRONX, NY

Total Revenue
$-20,103
Total Expenses
$54,999
Total Assets
$889,953
Net Assets
$889,953
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
NY
Principal Officer
CAPT JAMES J MCNAMARA
Phone
7184097218
Tax Period
2023-01-01 to 2023-12-31

MARITIME INDUSTRY MUSEUM AT FORT SCHULYER, founded in 2000, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $20K in total revenue in fiscal year 2023.

Mission

THE ORGANIZATION WAS ORGANIZED IN 1986 WHEN CAPTAIN JEFFREY W. MONROE, A FORMER ASSOCIATE PROFESSOR OF MARITIME TRANSPORTATION AT THE MARITIME COLLEGE, HAD A VISION OF CREATING A MUSEUM TO FILL THE STONE CORRIDORS OF THE OLD FORT AND PROVIDE A NAUTICAL ATMOSPHERE FOR THE CADETS ON THEIR WAY TO CLASSES. SINCE THEN, STEAMSHIP LINES, RELATED COMPANIES IN THE MARITIME INDUSTRY, AND MERCHANT MARINE HISTORY BUFFS DONATED OBJECTS AND ARTIFACTS TO SUPPLEMENT THE MUSEUM COLLECTION. THE MUSEUM IS HOME TO OVER 700 SHIP MODELS. THE MUSEUM PROVIDES GUIDED TOURS FOR PROFESSIONAL AND SENIOR CITIZEN GROUPS AND TO ELEMENTARY AND HIGH SCHOOL STUDENTS FROM THE METROPOLITAN AREA IN AND AROUND NEW YORK CITY. RESOURCES FROM THE MUSEUM'S FILES ARE VAILABLE TO GRADUATE AND UNDERGRADUATE STUDENTS DOING RELATED RESEARCH.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $9,646
Program Service Revenue $0
Investment Income $-29,749
Other Revenue $0
TOTAL REVENUE $-20,103

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $47,543
Other Expenses $54,999
TOTAL EXPENSES $54,999

Year-over-Year Comparison

2023 2022 Change
Revenue $-20,103 $-19,371 +0.0%
Expenses $54,999 $28,188 +1.0%
Net Income $-75,102 $-47,559 +0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
22
Independent Members
21
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAPT JAMES J MCNAMARA CHAIRMAN OF 1.00
Director
$0 $0 $0
ANDREW GENN BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID B ALLEN BOARD MEMBER 1.00
Director
$0 $0 $0
BRADLEY DM GOLDEN BOARD MEMBER 1.00
Director
$0 $0 $0
CLAY MAITLAND BOARD MEMBER 1.00
Director
$0 $0 $0
GERHARDT MULLER BOARD MEMBER 1.00
Director
$0 $0 $0
STEVEN L MUNOZ BOARD MEMBER 1.00
Director
$0 $0 $0
MARGARET D STOCKER BOARD MEMBER 1.00
Director
$0 $0 $0
CAPT ROLAND R PARENT BOARD MEMBER 1.00
Director
$0 $0 $0
JON PALMBAK BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN ARNTZEN PRESIDENT 1.00
Director
$0 $0 $0
JUSTICE JOHN G INGRHM BOARD MEMBER 1.00
Director
$0 $0 $0
AMIE CARTER BOARD MEMBER 1.00
Director
$0 $0 $0
ERHARD KOEHLER BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN DECRUZ BOARD MEMBER 1.00
Director
$0 $0 $0
NICK ORFANIDIS TREASURER N/A
Officer Director
$0 $0 $0
MARTA BEDE BOARD MEMBER 1.00
Director
$0 $0 $0
THOMAS HINDERHOFER BOARD MEMBER 1.00
Director
$0 $0 $0
MARLENE BOYER BOARD MEMBER 1.00
Director
$0 $0 $0
JILL KEHOE BOARD MEMBER 1.00
Director
$0 $0 $0
GERARD THORNTON BOARD MEMBER 1.00
Director
$0 $0 $0
FRANK NOLAN BOARD MEMBER 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $-20,103 $54,999 $889,953 $-75,102
2022 $-19,371 $28,188 $965,055 $-47,559
2021 $260,083 $16,823 $1,012,614 $243,260
2020 $40,517 $23,430 $769,354 $17,087
2019 $85,662 $42,988 $754,804 $42,674
2018 $93,102 $51,654 $712,130 $41,448
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