ROCKPORT, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)TEXAS MARITIME MUSEUM ASSOCIATION INC, founded in 1980, is a small nonprofit in the Arts, Culture & Humanities sector that reported $866K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. Expenses of $814K left a modest 6% surplus.
PRESERVATION OF MARITIME HISTORY THROUGH EXHIBITS AND EDUCATIONAL PROGRAMS.
THE TEXAS MARITIME MUSEUM RECEIVES NEARLY 20,000 VISITORS ANNUALLY FROM ACROSS TEXAS AND THE NATION. THE MUSEUM ATTRACTS ALL AGES, FROM SCHOOL CHILDREN TO THE ELDERLY, WHO TRAVEL TO ENJOY THE COASTAL...
THE TEXAS MARITIME MUSEUM RECEIVES NEARLY 20,000 VISITORS ANNUALLY FROM ACROSS TEXAS AND THE NATION. THE MUSEUM ATTRACTS ALL AGES, FROM SCHOOL CHILDREN TO THE ELDERLY, WHO TRAVEL TO ENJOY THE COASTAL BEND AND VISIT THE MUSEUM TO EXPLORE TEXAS MARITIME HISTORY AND CULTURE. THE TEXAS MARITIME MUSEUM OFFERS FREE ADMISSION TO ALL ITS VISITORS.
THE TEXAS MARITIME MUSEUM HAS A ROBUST EDUCATIONAL DEPARTMENT THAT OPERATES YEAR-ROUND. THESE PROGRAMS ARE STRUCTURED TO EDUCATE AND INSPIRE ALL AGES ABOUT TEXAS MARITIME HISTORY, INCLUDING H2ODYSSEY...
THE TEXAS MARITIME MUSEUM HAS A ROBUST EDUCATIONAL DEPARTMENT THAT OPERATES YEAR-ROUND. THESE PROGRAMS ARE STRUCTURED TO EDUCATE AND INSPIRE ALL AGES ABOUT TEXAS MARITIME HISTORY, INCLUDING H2ODYSSEY CAMP, THE WINTER LECTURE SERIES, AND ARCHEOLOGY DAY, TO NAME A FEW. ALONG WITH THE EDUCATION DEPARTMENT, THE TEXAS MARITIME MUSEUM PRODUCES ITS QUARTERLY NEWSLETTER, THE BEACON, FOR ITS MEMBERS. THIS NEWSLETTER PROVIDES ADDITIONAL INFORMATION ABOUT THE MUSEUM, NAUTICAL COMPREHENSION, MARITIME HISTORY, AND UPCOMING ACTIVITIES AND EVENTS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $865,694 | $1,030,803 | -0.2% |
| Expenses | $813,770 | $590,624 | +0.4% |
| Net Income | $51,924 | $440,179 | -0.9% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| David Hattman | BOARD OF TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| THOMAS B RODINO | Board of Trustee President | 4.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL ABLES | EXECUTIVE DIRECTOR | 40.00 |
Key Emp
|
$77,283 | $0 | $77,283 |
| David Hendrick | Board of Trustee Vice President | 1.00 |
Director
|
$0 | $0 | $0 |
| Kenneth Kellar | Board of Trustee Sec/Treas. | 1.00 |
Director
|
$0 | $0 | $0 |
| CECIL ROUSSEAU | BOARD OF TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| Tabitha Brown | BOARD OF TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $865,694 | $813,770 | $1,959,744 | $51,924 |
| 2024 | No data | No data | No data | No data |
| 2023 | $517,438 | $416,261 | $1,344,507 | $101,177 |
| 2022 | $463,550 | $398,554 | $1,260,781 | $64,996 |
| 2021 | $391,403 | $343,097 | $1,193,258 | $48,306 |
| 2020 | $237,565 | $354,738 | $1,141,673 | $-117,173 |
| 2019 | $295,613 | $398,801 | $1,226,720 | $-103,188 |
| 2018 | $777,987 | $920,979 | $1,339,171 | $-142,992 |
Compare TEXAS MARITIME MUSEUM ASSOCIATION INC with other nonprofits in Texas and across the country.