THE CONNECTICUT RIVER FOUNDATION AT STEAMBOAT DOCK INC

EIN: 237417579 501(c)(3) Arts, Culture & Humanities

ESSEX, CT

Total Revenue
$1,577,633
Total Expenses
$1,464,748
Total Assets
$8,120,490
Net Assets
$7,712,750
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
CT
Principal Officer
ELIZABETH KAESER
Phone
8607678269
Tax Period
2024-07-01 to 2025-06-30

THE CONNECTICUT RIVER FOUNDATION AT STEAMBOAT DOCK INC, founded in 1974, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.6M in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $1.5M left a modest 7% surplus.

Mission

THE CONNECTICUT RIVER MUSEUM'S MISSION IS TO DEEPEN APPRECIATION OF THE RIVER'S HISTORY AND TO INSPIRE ITS STEWARDSHIP BY PROVIDING UNIQUE EDUCATIONAL AND RECREATIONAL EXPERIENCES TO DIVERSE AUDIENCES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $610,562
Program Service Revenue $559,950
Investment Income $270,168
Other Revenue $136,953
TOTAL REVENUE $1,577,633

Expense Breakdown

Grants Paid $0
Salaries & Benefits $788,129
Fundraising Expenses $176,988
Program Expenses $1,055,375
Other Expenses $676,619
TOTAL EXPENSES $1,464,748

Year-over-Year Comparison

2024 2023 Change
Revenue $1,577,633 $1,454,477 +0.1%
Expenses $1,464,748 $1,266,392 +0.2%
Net Income $112,885 $188,085 -0.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
36
Volunteers
40

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
3
$121,284
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN BENNET CHAIRMAN 10.00
Officer Director
$0 $0 $0
THOMAS WILCOX TREASURER 10.00
Officer Director
$0 $0 $0
PAUL EDDY VICE CHAIRMA 5.00
Director
$0 $0 $0
JOHN FROST SECRETARY 5.00
Director
$0 $0 $0
PHILIP COLES TRUSTEE 5.00
Director
$0 $0 $0
JOHAN VAREKAMP TRUSTEE 5.00
Director
$0 $0 $0
LUCY DUDDY TRUSTEE 5.00
Director
$0 $0 $0
PATRICK GINGRAS TRUSTEE 5.00
Director
$0 $0 $0
KATE JOHNSTON TRUSTEE 5.00
Director
$0 $0 $0
PETER COOMBS TRUSTEE 5.00
Director
$0 $0 $0
DEBORAH DEHERTOGH TRUSTEE 5.00
Director
$0 $0 $0
JAMES PAISLEY TRUSTEE 5.00
Director
$0 $0 $0
CLINT REID TRUSTEE 5.00
Director
$0 $0 $0
SAMANTHA WIMPE TRUSTEE 5.00
Director
$0 $0 $0
ELIZABETH KAESER EXECUTIVE DI 40.00
Officer
$121,284 $0 $121,284
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
2025 $1,577,633 $1,464,748 $8,120,490 $112,885
2024 $1,454,477 $1,266,392 $7,742,535 $188,085
2023 $1,294,319 $1,278,501 $7,252,697 $15,818
2022 $1,372,144 $1,037,325 $7,859,723 $334,819
2021 $1,550,573 $797,685 $7,907,334 $752,888
2020 $1,099,535 $977,960 $6,792,813 $121,575
2019 $1,208,830 $1,052,529 $6,846,966 $156,301
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