Civic Intelligence

Independence Seaport Museum

990 • Fiscal year 2014 • EIN 23-1584971

Jan 01, 2014 to Dec 31, 2014 • Filed on Oct 15, 2015

211 S Columbus Blvd Walnut StPhiladelphia, PA 19106

(215) 925-5439

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

39th percentile

0.15x

Higher debt load relative to assets than 39% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Liabilities / Revenue

72nd percentile

0.66x

Higher debt load relative to revenue than 72% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Net Margin

7th percentile

-32%

Higher net margin than 7% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Top Officer Pay

43rd percentile

$151,006

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 4.5% of source-year revenue.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Asset Growth

12th percentile

-6.3%

Faster asset growth than 12% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Revenue Growth

85th percentile

34%

Faster revenue growth than 85% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Assets

Down

$15,269,653

Down $1,023,335 (-6.3%) from 2013

Net Assets

Down

$13,042,867

Down $1,030,879 (-7.3%) from 2013

Liabilities

Up

$2,226,786

Up $7,544 (+0.3%) from 2013

Revenue

Up

$3,384,717

Up $866,645 (+34%) from 2013

Expenses

Up

$4,479,686

Up $121,757 (+2.8%) from 2013

Net Income

Up

-$1,094,969

Up $744,888 (+40%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40M$30M$20M$10M$0Assets 2010: $20,688,239Liabilities 2010: $2,251,030Net Assets 2010: $18,437,2092010Assets 2011: $18,003,977Liabilities 2011: $2,074,136Net Assets 2011: $15,929,8412011Assets 2012: $16,619,462Liabilities 2012: $2,129,376Net Assets 2012: $14,490,0862012Assets 2013: $16,292,988Liabilities 2013: $2,219,242Net Assets 2013: $14,073,7462013Assets 2014: $15,269,653Liabilities 2014: $2,226,786Net Assets 2014: $13,042,8672014Assets 2015: $27,493,904Liabilities 2015: $2,016,848Net Assets 2015: $25,477,0562015Assets 2016: $28,406,239Liabilities 2016: $1,860,789Net Assets 2016: $26,545,4502016Assets 2017: $27,820,443Liabilities 2017: $2,212,360Net Assets 2017: $25,608,0832017Assets 2018: $30,769,296Liabilities 2018: $2,862,111Net Assets 2018: $27,907,1852018Assets 2019: $27,635,498Liabilities 2019: $1,094,156Net Assets 2019: $26,541,3422019Assets 2020: $24,772,705Liabilities 2020: $1,417,889Net Assets 2020: $23,354,8162020Assets 2021: $28,154,026Liabilities 2021: $1,642,530Net Assets 2021: $26,511,4962021Assets 2022: $22,539,825Liabilities 2022: $976,297Net Assets 2022: $21,563,5282022Assets 2023: $21,290,179Liabilities 2023: $910,691Net Assets 2023: $20,379,4882023

Highlighted filing

2014

Assets$15,269,653
Liabilities$2,226,786
Net Assets$13,042,867

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$10M$0-$10MExpenses 2010: $3,961,1052010Expenses 2011: $3,900,2552011Expenses 2012: $4,835,3992012Revenue 2013: $2,518,072Expenses 2013: $4,357,929Net Income 2013: -$1,839,8572013Revenue 2014: $3,384,717Expenses 2014: $4,479,686Net Income 2014: -$1,094,9692014Revenue 2015: $17,746,973Expenses 2015: $4,279,111Net Income 2015: $13,467,8622015Revenue 2016: $4,866,089Expenses 2016: $5,018,524Net Income 2016: -$152,4352016Revenue 2017: $1,271,196Expenses 2017: $3,472,218Net Income 2017: -$2,201,0222017Revenue 2018: $6,642,780Expenses 2018: $5,999,363Net Income 2018: $643,4172018Revenue 2019: $4,055,981Expenses 2019: $5,856,160Net Income 2019: -$1,800,1792019Revenue 2020: $2,063,262Expenses 2020: $4,908,259Net Income 2020: -$2,844,9972020Revenue 2021: $2,388,161Expenses 2021: $4,314,588Net Income 2021: -$1,926,4272021Revenue 2022: $3,083,203Expenses 2022: $4,759,833Net Income 2022: -$1,676,6302022Revenue 2023: $3,050,797Expenses 2023: $5,133,522Net Income 2023: -$2,082,7252023

Highlighted filing

2014

Revenue$3,384,717
Expenses$4,479,686
Net Income-$1,094,969
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Oct 15, 2015
Return Version
2014v5.0
Gross Receipts
$6,117,573
Mission and Program Overview

Mission

The Core Purpose or Mission of the Independence Seaport Museum is to discover Philadelphia's river of history and world of connections. Serving a wide and diverse audience and holding its collections in trust for the community, the Museum tells the stories of the people, historical events and environmental changes of the Delaware River and its tributaries. It looks to a broad regional definition of the River to include both Philadelphia and Camden as well as portions of the southern coast of New Jersey and the Schuylkill river drainage.

Independence seaport museum is a nationally prominent, non-profit, educational institution that collects, preserves, exhibits, and interprets artifacts and archival materials, and nurtures the skills and culture of our rich maritime past and present, for a diverse audience.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$10,712,364$10,580,024▼ $132,340
Land, Buildings, and Equipment, Net$4,939,839$4,321,451▼ $618,388
Accounts Receivable$144,936$147,244▲ $2,308
Inventories for Sale or Use$66,657$55,486▼ $11,171
Savings and Temporary Cash Investments-$54,381-
Cash and Non-Interest-Bearing Accounts$343,554$31,312▼ $312,242
Pledges and Grants Receivable$13,240$13,240→ $0
Total Assets$16,292,988$15,269,653▼ $1,023,335
Other Assets Total$72,398$66,515▼ $5,883
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,254,669$1,224,156▼ $30,513
Other Liabilities$570,000$533,000▼ $37,000
Accounts Payable and Accrued Expenses$320,668$390,025▲ $69,357
Deferred Revenue$73,905$79,605▲ $5,700
Total Liabilities$2,219,242$2,226,786▲ $7,544
Net Assets / Fund Balance
Unrestricted Net Assets$13,775,701$12,912,644▼ $863,057
Temporarily Rstr Net Assets$298,045$130,223▼ $167,822
Total Net Assets Fund Balance$14,073,746$13,042,867▼ $1,030,879
Total Liabilities and Net Assets / Fund Balance$16,292,988$15,269,653▼ $1,023,335

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$4,237,189$11,612,160$15,849,349
Other Land Buildings$84,262$3,560,083$3,644,345
Equipment$0$357,979$357,979

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$10,269,087$512,222▲ $533,420$1,425,025$9,889,704
2013$9,637,845$11,750▲ $2,019,492$1,400,000$10,269,087
2012$10,010,022-▲ $1,413,580$1,828,550$9,595,052
2011$12,069,820-▼ $195,848$1,863,950$10,010,022
2010$11,464,199$490,858▲ $1,589,237$1,474,474$12,069,820
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
John BradyChief Executive OfficerFT$135,000$16,006$151,006
Revenue and Support

Revenue Composition

Contributions and Grants
$1,967,601
Program Service Revenue
$652,474
Investment Income
$650,052
Other Revenue
$114,590
All Other Contributions
$1,687,323
Change in Net Assets
$-1,094,969

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded5$1,037,213Fair Market Value
Total Noncash Contributions5$1,037,213-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,384,717
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$193,590
Total Revenue per Audited Statements
$3,578,307
Total Revenue per Form 990
$3,384,717
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,348,139
Salaries, Compensation, and Employee Benefits$2,029,846
Total Fundraising Expense$363,474
Professional Fundraising Fees$101,701
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,025,665$388,509$139,863$1,554,037
Depreciation Depletion$378,811$284,108$13,529$676,448
Occupancy$210,587$210,587$8,597$429,771
Office Expenses$130,863$181,853-$312,716
Fees for Services Management$74,549$105,563-$180,112
Insurance$64,536$89,120-$153,656
Current Officers, Directors, Trustees, and Key Employees$99,664$37,751$13,591$151,006
Payroll Taxes$85,318$32,317$11,634$129,269
Other Employee Benefits$80,741$30,585$11,010$122,336
Fees for Services Professional Fundraising--$101,701$101,701
Advertising$51,315$27,990$13,995$93,300
Fees for Services Accounting-$81,350-$81,350
Pension Plan Contributions$48,310$18,300$6,588$73,198
Fees for Services Legal-$56,604-$56,604
Fees for Services Other-$26,724$19,441$46,165
Fees for Service Investment Mgmnt Fees-$41,263-$41,263
Interest-$37,244-$37,244
Other Expenses$70,707$35,098$18,413$18,413
All Other Expenses$13,054--$13,054
Total Functional Expenses$2,399,552$1,716,660$363,474$4,479,686

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,609,186
Expenses per Audited Statements$4,479,686
Total Expenses per Form 990$4,479,686
Expenses Not Reported on Form 990$129,500
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$101,701
Fundraising Direct Expenses$77,234
Fundraising Gross Income$12,695

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
FUNDRAISING AT KELLOGG'S HOUSE$42,970---
Total Events$42,970-$18,495$-18,495
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Stephen J DriscollOn Bod and Partner at Law Firm That Provided Services to the MuseumLegal ServicesNo$4,588
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Rent Obligation$533,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The organization distributes an electronic copy of a draft of form 990 for review by it's audit and finance committee. A meeting is then held to discuss any issues or questions with the draft return. Once all issues have been resolved, the audit and finance committee approves the final form 990 for filing.

Form 990, Part VI, Section B, Line 12

All staff and board members of the organization are required to sign a conflict of interest statement disclosing any potential conflicts annaually. Any conflicts would be brought to the attention of the board of port wardens and a decision made as to whether the conflict interferes with his/her duties. If allowed to remain they would be ineligible to be involved in the decision making or voting process that involves the conflict. During 2014, not all individuals completed the required forms on a timely basis. The board and management plan to be more diligent in adhering to monitoring of the policy in the future.

Form 990, Part VI, Section B, Line 15

The board of port wardens approves the salaries of the president and key employees through the budget process. The organization uses comparative data from outside sources to also compare their salaries to industry ranges. This process was last undertaken in 2011 for the chief executive officer and chief operating officer of the organization. Plans are underway to go through this process again in the near future.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents available to the general public upon request & via guidestar.

Filing and Contact Details

Filer

Filer Name
Independence Seaport Museum
EIN
23-1584971
Phone
2159255439
Address
211 S COLUMBUS BLVD WALNUT ST, PHILADELPHIA, PA 19106

Signing Officer

Name
Peter Havens
Title
Treasurer
Phone
2159255439
Signed
2015-10-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Brady
Formed
1960
Legal Domicile
Pa
Voting Board Members
26
Independent Board Members
26
Employees
74
Volunteers
77

Preparer

Firm
Shechtman Marks Devor Pc
Address
2000 MARKET STREET SUITE 500, PHILADELPHIA, PA 19103
Preparer
Michael Sutter CPA
Phone
2154969200
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Increase in cash surrender value of life insurance 5,317. Gain realized from litigation settlement 134,127.

Form 990, Part XII, Line 2C

The organization has not changed it's oversight and selection processes involving it's independent auditor during the tax year.

Financial Statement Notes

PART III, LINE 1A:

The museums' collections consist of historical artifacts, antiques, and other irreplaceable items that are maintained for public exhibition, education, and research in furtherance of public service rather than for financial gain. Collections are the most valuable assets of the museum and are protected, kept unencumbered, cared for and preserved. The collections, which were acquired primarily though donation, are not recognized or capitalized as assets on the statement of financial position. Collection items purchased during the year are recorded as decreases in unrestricted net assets in the year in which the items are acquired, or as decreases in temporarily or permanently restricted net assets if the assets used to purchase the items are restricted by donors. Contributed collections are not reflected on the financial statements. The museum records proceeds from deaccessions and insurance recoveries as increases in the statement of activities. The museum's policy requires proceeds from the sale of collection items to be used only for acquisition of additional items for collections.

PART V, LINE 4:

The general fund has been established to support and promote the growth, progress and general welfare of the museum. The boatship fund has been established to support the boatshop workshop.

PART X, LINE 2:

Management of the museum considers the likelihood of changes by taxing authorities in its filed income tax returns and recognizes a liability for or discloses potential significant changes that management believes are more likely than not to occur upon examination by tax authorities, including changes to the museum's status as a not-for-profit entity. Management believes the museum met the requirements to maintain its tax-exempt status and has not identified any uncertain tax positions subject to the unrelated business income tax that require recognition or disclosure in the accompanying financial statements. The museum's income tax returns for the past three years are subject to examination by tax authorities, and may change upon examination.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Increase in cash surrender value of life insurance 5,317. Expenses pertaining to unrelated business income activities 93,500. Gain realized from litigation settlement 134,127.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Expenses pertaining to unrelated business income activities 93,500.

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IRS990/ActivityOrMissionDesc0INDEPENDENCE SEAPORT MUSEUM IS A NATIONALLY PROMINENT, NON-PROFIT, EDUCATIONAL INSTITUTION THAT COLLECTS, PRESERVES, EXHIBITS, AND INTERPRETS ARTIFACTS AND ARCHIVAL MATERIALS, AND NURTURES THE SKILLS AND CULTURE OF OUR RICH MARITIME PAST AND PRESENT, FOR A DIVERSE AUDIENCE.
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd21X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd22X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd23X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd24X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd25X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd26X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd27X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt230
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt240
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt250
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt260
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt270
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2816006
IRS990/Form990PartVIISectionAGrp/PersonNm0WILLIAM F MCLAUGHLIN JR
IRS990/Form990PartVIISectionAGrp/PersonNm1DEBORAH GIBBONS-NEFF
IRS990/Form990PartVIISectionAGrp/PersonNm2DONALD U SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm3EMILIO GRAVAGNO
IRS990/Form990PartVIISectionAGrp/PersonNm4GORDON L KEEN JR
IRS990/Form990PartVIISectionAGrp/PersonNm5JAMES W MCLANE
IRS990/Form990PartVIISectionAGrp/PersonNm6JASON INGLE
IRS990/Form990PartVIISectionAGrp/PersonNm7JOHN A GREGG
IRS990/Form990PartVIISectionAGrp/PersonNm8JOSEPH P WATKINS
IRS990/Form990PartVIISectionAGrp/PersonNm9PAUL THOMPSON III
IRS990/Form990PartVIISectionAGrp/PersonNm10RICHARD A HAYNE
IRS990/Form990PartVIISectionAGrp/PersonNm11SAM KATZ
IRS990/Form990PartVIISectionAGrp/PersonNm12STAN SWITLIK
IRS990/Form990PartVIISectionAGrp/PersonNm13STEPHAN K PAHIDES
IRS990/Form990PartVIISectionAGrp/PersonNm14STEPHEN J DRISCOLL
IRS990/Form990PartVIISectionAGrp/PersonNm15SUZANNE BAIRD PEROT FORMER
IRS990/Form990PartVIISectionAGrp/PersonNm16THOMAS F EMLEN
IRS990/Form990PartVIISectionAGrp/PersonNm17THOMAS S GREENWOOD
IRS990/Form990PartVIISectionAGrp/PersonNm18WILLIAM B CHANDLEE JR FORMER
IRS990/Form990PartVIISectionAGrp/PersonNm19WILLIAM L GAUNT
IRS990/Form990PartVIISectionAGrp/PersonNm20WILLIAM L LANE III
IRS990/Form990PartVIISectionAGrp/PersonNm21JOHN C DEVEREUX
IRS990/Form990PartVIISectionAGrp/PersonNm22WINFIELD DOUGHERTY
IRS990/Form990PartVIISectionAGrp/PersonNm23MAX KAISERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm24TIM MCGRATH
IRS990/Form990PartVIISectionAGrp/PersonNm25JAMES T GILES
IRS990/Form990PartVIISectionAGrp/PersonNm26PETER H HAVENS
IRS990/Form990PartVIISectionAGrp/PersonNm27PETER MCCAUSLAND
IRS990/Form990PartVIISectionAGrp/PersonNm28JOHN BRADY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt28135000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt280
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN OF DEVELOPMENT CO
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt26TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt27VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt28CHIEF EXECUTIVE OFFICER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01960
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0100451
IRS990/FundraisingDirectExpensesAmt077234
IRS990/FundraisingGrossIncomeAmt012695
IRS990/GainOrLossGrp/SecuritiesAmt0472295
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt026
IRS990/GovernmentGrantsAmt0142730
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt02987993
IRS990/GrossReceiptsAmt06117573
IRS990/GrossRentsGrp/RealAmt0220281
IRS990/GrossSalesOfInventoryAmt098772
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt026
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt089120
IRS990/InsuranceGrp/ProgramServicesAmt064536
IRS990/InsuranceGrp/TotalAmt0153656
IRS990/InterestGrp/ManagementAndGeneralAmt037244
IRS990/InterestGrp/TotalAmt037244
IRS990/InventoriesForSaleOrUseGrp/BOYAmt066657
IRS990/InventoriesForSaleOrUseGrp/EOYAmt055486
IRS990/InvestmentIncomeGrp/ExclusionAmt0177757
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0177757
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt010712364
IRS990/InvestmentsPubTradedSecGrp/EOYAmt010580024
IRS990/IRPDocumentCnt043
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt015530222
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04939839
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04321451
IRS990/LandBldgEquipCostOrOtherBssAmt019851673
IRS990/LegalDomicileStateCd0PA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt02515698
IRS990/LessRentalExpensesGrp/RealAmt093500
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt037097
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0INDEPENDENCE SEAPORT MUSEUM IS A NATIONALLY PROMINENT, NON-PROFIT, EDUCATIONAL INSTITUTION THAT COLLECTS, PRESERVES, EXHIBITS, AND INTERPRETS ARTIFACTS AND ARCHIVAL MATERIALS, AND NURTURES THE SKILLS AND CULTURE OF OUR RICH MARITIME PAST AND PRESENT, FOR A DIVERSE AUDIENCE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01254669
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01224156
IRS990/NetAssetsOrFundBalancesBOYAmt014073746
IRS990/NetAssetsOrFundBalancesEOYAmt013042867
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0472295
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0472295
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-64539
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-64539
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt052348
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt052348
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0160281
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0126781
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0-33500
IRS990/NetUnrelatedBusTxblIncmAmt0-33500
IRS990/NetUnrlzdGainsLossesInvstAmt0-75354
IRS990/NoncashContributionsAmt01037213
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt08597
IRS990/OccupancyGrp/ManagementAndGeneralAmt0210587
IRS990/OccupancyGrp/ProgramServicesAmt0210587
IRS990/OccupancyGrp/TotalAmt0429771
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0181853
IRS990/OfficeExpensesGrp/ProgramServicesAmt0130863
IRS990/OfficeExpensesGrp/TotalAmt0312716
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt072398
IRS990/OtherAssetsTotalGrp/EOYAmt066515
IRS990/OtherChangesInNetAssetsAmt0139444
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt011010

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$21.3$0.91$20.4$3.05$5.13$2.08
2022Summary only. Only limited summary data is available for this year.$22.5$0.98$21.6$3.08$4.76$1.68
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.2$1.64$26.5$2.39$4.31$1.93
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.8$1.42$23.4$2.06$4.91$2.84
2019Summary only. Only limited summary data is available for this year.$27.6$1.09$26.5$4.06$5.86$1.80
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.8$2.86$27.9$6.64$6.00$0.64
2017Summary only. Only limited summary data is available for this year.$27.8$2.21$25.6$1.27$3.47$2.20
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.4$1.86$26.5$4.87$5.02$0.15
2015Summary only. Only limited summary data is available for this year.$27.5$2.02$25.5$17.7$4.28$13.5
2014Detailed filing. Detailed filing data is available for this year.$15.3$2.23$13.0$3.38$4.48$1.09
2013Detailed filing. Detailed filing data is available for this year.$16.3$2.22$14.1$2.52$4.36$1.84
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.6$2.13$14.5$4.84
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.0$2.07$15.9$3.90
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.7$2.25$18.4$3.96