STONE HARBOR MUSEUM CORPORATION

EIN: 311694111 501(c)(3) Arts, Culture & Humanities

STONE HARBOR, NJ

Total Revenue
$149,054
Total Expenses
$99,738
Total Assets
$749,137
Net Assets
$476,745
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
NJ
Principal Officer
Michael Turner
Phone
6092173910
Tax Period
2023-01-01 to 2023-12-31

STONE HARBOR MUSEUM CORPORATION, founded in 2000, is a small nonprofit in the Arts, Culture & Humanities sector that reported $149K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $49K, a strong 33% operating margin.

Mission

The mission of the organization is to acquire preserve display celebrate and promote archival items relevant to the development of the heritage and history of Stone Harbor and to educate the present and the future.

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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 $91,395
Program Service Revenue $0
Investment Income $7,714
Other Revenue $49,945
TOTAL REVENUE $149,054

Expense Breakdown

Grants Paid $0
Salaries & Benefits $31,130
Fundraising Expenses $20,819
Program Expenses $58,923
Other Expenses $68,608
TOTAL EXPENSES $99,738

Year-over-Year Comparison

2023 2022 Change
Revenue $149,054 $159,959 -0.1%
Expenses $99,738 $101,875 0.0%
Net Income $49,316 $58,084 -0.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
3
Volunteers
30

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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Andrea Clearkin Treasurer 2.00
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 $149,054 $99,738 $749,137 $49,316
2022 $159,959 $101,875 $740,076 $58,084
2020 $103,622 $100,117 $637,868 $3,505
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