HOUSTON MARITIME MUSEUM

EIN: 760642410 501(c)(3) Arts, Culture & Humanities

HOUSTON, TX

Total Revenue
$1,020,221
Total Expenses
$666,358
Total Assets
$2,330,800
Net Assets
$544,753
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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
TX
Principal Officer
MARGARET KIDD
Phone
7133895055
Tax Period
2024-01-01 to 2024-12-31

HOUSTON MARITIME MUSEUM, founded in 2000, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.0M in total revenue in fiscal year 2024. Revenue surged 165% from the prior year, signaling strong growth momentum. The organization ran a surplus of $354K, a strong 35% operating margin.

Mission

HOUSTON MARITIME MUSEUM'S MISSION IS: TO NAVIGATE HOUSTON'S ORIGIN AND MARITIME CONNECTION TO THE WORLD THROUGH EXHIBIT, EDUCATION AND AND EXPERIENCE.

Program Service Accomplishments

Program 1
Expenses: $521,892 Revenue: $23,006

HOUSTON MARITIME MUSEUM, DBA AS HOUSTON MARITIME CENTER, WAS FOUNDED BY JAMES "JIM" L. MANZOLILLO WHOSE INCREDIBLE EXPERIENCES AND EXTENSIVE PERSONAL COLLECTION OF MARITIME ARTIFACTS AND SHIP MODELS...

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HOUSTON MARITIME MUSEUM, DBA AS HOUSTON MARITIME CENTER, WAS FOUNDED BY JAMES "JIM" L. MANZOLILLO WHOSE INCREDIBLE EXPERIENCES AND EXTENSIVE PERSONAL COLLECTION OF MARITIME ARTIFACTS AND SHIP MODELS SET ANCHOR TO HIS DREAM. AS A WORLD WAR II MERCHANT MARINE VETERAN, NAVAL ARCHITECT, MECHANICAL ENGINEER, SHIP BUILDER, AND LECTURER FOR CUNARD CRUISE LINES, JIM'S VISION WAS REALIZED WHEN THE HOUSTON MARITIME MUSEUM OPENED IN MAY 2000. OVER TWO DECADES THE COLLECTION HAS GROWN EXTENSIVELY TO COVER THE WORLD OF MARITIME HISTORY AND CULTURE FROM THE EARLY PHOENICIANS TO WORLD WAR II TO THE MODERN ENERGY INDUSTRY. MUSEUM HIGHLIGHTS INCLUDE A LARGE AERIAL MAP AND INTERACTIVE EXHIBIT OF THE HOUSTON SHIP CHANNEL DETAILING ITS MANY FACILITIES AND LANDMARKS, THE TEXAS NAVY THEATER WITH SEATING FOR 15 PERSONS, AN EXHIBIT ON THE HISTORY OF BUFFALO BAYOU AND COMMANDING MODELS OF SHIPS THAT TRAVERSE THE WORLD MOVING MILLIONS OF TONS OF GOODS IN AND OUT OF THE PORT OF HOUSTON ANNUALLY.

Program 2

THROUGHOUT THE YEAR HOUSTON MARITIME CENTER OFFERS A SERIES OF LECTURES ON THREE DISTINCT MARITIME-RELATED TOPICS: HISTORY, INDUSTRY AND ENVIRONMENTAL. SUBJECT MATTER EXPERTS, INDUSTRY VETERANS, AND...

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THROUGHOUT THE YEAR HOUSTON MARITIME CENTER OFFERS A SERIES OF LECTURES ON THREE DISTINCT MARITIME-RELATED TOPICS: HISTORY, INDUSTRY AND ENVIRONMENTAL. SUBJECT MATTER EXPERTS, INDUSTRY VETERANS, AND FOR SOME PRESENTATIONS JOINT PANELISTS DELVE INTO THESE MATTERS EXPLORING LOCAL, REGIONAL, NATIONAL, AND INTERNATIONAL AREAS OF INTEREST. STARTED IN 2004, OUR HISTORY LECTURE SERIES IS THE MUSEUM'S LONGEST-RUNNING EDUCATIONAL PROGRAM. PAST LECTURE TOPICS INCLUDE LESSONS LEARNED FROM THE EXXON VALDEZ, THE HISTORY OF BROWN SHIPBUILDING, OFFSHORE WIND, THE JONES ACT, SEA MONSTERS ON RENAISSANCE MAPS, OYSTER CONSERVATION, AND TEXAS SHIPWRECKS AMONG MANY OTHERS. FOR 2024, LECTURE TOPICS INCLUDED UNDERWATER PIPELINE SAFETY, HURRICANE PREDICTIONS AND PREPAREDNESS, NUCLEAR POWER IN THE MARITIME INDUSTRY, AND THE HISTORY OF THE BATTLESHIP USS TEXAS. A SPECIAL PRESENTATION, "FINDING THE VIRGO," AT THE HOBBY CENTER, FEATURED THE STORY OF LAUREN VUONG AND HER FAMILY'S RESCUE BY A LIQUIFIED NATURAL GAS TANKER SHIP AS THEY FLED VIETNAM.

Program 3

HOUSTON MARITIME CENTER HOSTS SEVERAL MAJOR ANNUAL EVENTS THAT CONNECT INDUSTRY AND THE COMMUNITY. EACH EVENT RANGES IN SIZE FROM 40 TO 250+ ATTENDEES/PARTICIPANTS INCLUDING MONTHLY FAMILY DAYS...

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HOUSTON MARITIME CENTER HOSTS SEVERAL MAJOR ANNUAL EVENTS THAT CONNECT INDUSTRY AND THE COMMUNITY. EACH EVENT RANGES IN SIZE FROM 40 TO 250+ ATTENDEES/PARTICIPANTS INCLUDING MONTHLY FAMILY DAYS, PRESENTATIONS, PANEL DISCUSSIONS, NETWORKING, AND MUSEUM TOURS. EACH YEAR WE SERVE TO CREATE AWARENESS, ENGAGE, AND EDUCATE THE PUBLIC ABOUT HOW SIGNIFICANT THE HOUSTON SHIP CHANNEL AND MARITIME INDUSTRY ARE TO HOUSTON'S EVOLUTION AND HOW BOTH HAVE FOSTERED GROWTH, OPPORTUNITY, AND PROSPERITY FOR THE ENTIRE STATE OF TEXAS AND BEYOND.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $995,601
Program Service Revenue $8,400
Investment Income $1,614
Other Revenue $14,606
TOTAL REVENUE $1,020,221

Expense Breakdown

Grants Paid $0
Salaries & Benefits $165,851
Fundraising Expenses $89,626
Program Expenses $521,892
Other Expenses $500,507
TOTAL EXPENSES $666,358

Year-over-Year Comparison

2024 2023 Change
Revenue $1,020,221 $384,596 +1.7%
Expenses $666,358 $608,710 +0.1%
Net Income $353,863 $-224,114 -2.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
11
Employees
4
Volunteers
10

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
7
$153,360
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUDGE ED EMMETT MEMBER 2.00
Director
$0 $0 $0
MARCO POISLER MEMBER 2.00
Director
$0 $0 $0
MARGARET KIDD MEMBER 2.00
Director
$0 $0 $0
RUTHIE PORTERFIELD MEMBER 2.00
Director
$0 $0 $0
CAPTAIN JASON SMITH MEMBER 2.00
Director
$0 $0 $0
CAPTAIN CLINT WINEGAR MEMBER 2.00
Director
$0 $0 $0
DERRICK THOMAS MEMBER AT LARGE 2.00
Officer Director
$0 $0 $0
RENEE KLIMCZAK SECRETARY 2.00
Officer Director
$0 $0 $0
SARA HOWELL CHAIRMAN 10.00
Officer Director
$0 $0 $0
CAPTAIN ED CARR VICE CHAIR 2.00
Officer Director
$0 $0 $0
MIKE DUMAS TREASURER 2.00
Officer Director
$0 $0 $0
LESLIE BOWLIN EXEC DIR (THRU 7/2024) 40.00
Officer
$81,667 $2,210 $83,877
BRIAN COSGROVE INTERIM EXEC DIR (FROM 8/2024) 40.00
Officer
$63,333 $6,150 $69,483
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 $1,020,221 $666,358 $2,330,800 $353,863
2023 $384,596 $608,710 $253,025 $-224,114
2022 $454,682 $560,746 $436,433 $-106,064
2021 $526,405 $256,998 $1,043,744 $269,407
2020 $271,514 $402,080 $839,886 $-130,566
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