ASHTABULA MARITIME & SURFACE TRANSPORTATION MUSEUM INC

EIN: 271188946 501(c)(3) Arts, Culture & Humanities

ASHTABULA, OH

Total Revenue
$147,385
Total Expenses
$56,364
Total Assets
$1,018,373
Net Assets
$1,016,730
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
OH
Principal Officer
DAVID NOLAN
Phone
4409949149
Tax Period
2024-01-01 to 2024-12-31

ASHTABULA MARITIME & SURFACE TRANSPORTATION MUSEUM INC, founded in 2011, is a small nonprofit in the Arts, Culture & Humanities sector that reported $147K in total revenue in fiscal year 2024. Revenue surged 145% from the prior year, signaling strong growth momentum. The organization ran a surplus of $91K, a strong 62% operating margin.

Mission

THE PRESERVATION, DISPLAY AND INTERPRETATION OF GREAT LAKES HARBORS, MARITIME, COAST GUARDAND RAIL HISTORY AS IT RELATES TO THE NORTHEAST OHIO IN THE FORM OF A MUSUEM.

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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 $132,541
Program Service Revenue $6,781
Investment Income $5,775
Other Revenue $2,288
TOTAL REVENUE $147,385

Expense Breakdown

Grants Paid $0
Salaries & Benefits $21,349
Fundraising Expenses $7,513
Program Expenses $9,598
Other Expenses $27,702
TOTAL EXPENSES $56,364

Year-over-Year Comparison

2024 2023 Change
Revenue $147,385 $60,095 +1.5%
Expenses $56,364 $32,494 +0.7%
Net Income $91,021 $27,601 +2.3%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
12
Independent Members
12
Employees
1
Volunteers
22

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
4
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRIAN HUBBARD PRESIDENT 7.50
Officer Director
$0 $0 $0
DAVID BECKWITH BOARD MEMBER 2.00
Director
$0 $0 $0
JAY BOWLER BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID NOLAN TREASURER 6.00
Officer Director
$0 $0 $0
JENNY LUHTA VICE PRESIDENT 6.00
Officer Director
$0 $0 $0
ANTHONY DEGEORGE BOARD MEMBER 1.00
Director
$0 $0 $0
KAYE LIND BOARD MEMBER 4.00
Director
$0 $0 $0
CORY HUBBARD BOARD MEMBER 2.50
Director
$0 $0 $0
FRANK MAENPA BOARD MEMBER 1.00
Director
$0 $0 $0
J FRED EICHENLAUB SECRETARY 3.00
Officer Director
$0 $0 $0
LYDSEY KAPLAN BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID SPOTTS 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
2025 No data No data No data No data
2024 $147,385 $56,364 $1,018,373 $91,021
2023 $60,095 $32,494 $925,709 $27,601
2022 $67,660 $38,852 $898,108 $28,808
2021 $113,360 $37,106 $869,300 $76,254
2020 $72,012 $44,739 $793,046 $27,273
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