Civic Intelligence

Herreshoff Marine Museum

990 • Fiscal year 2011 • EIN 23-7102744

Jan 01, 2011 to Dec 31, 2011 • Filed on Nov 14, 2012

One Burnside Street02809
Siviq Scores

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

Liabilities / Assets

61st percentile

0.34x

Higher debt load relative to assets than 61% of similar nonprofits.

2011 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

22nd percentile

-4.8%

Faster asset growth than 22% of similar nonprofits.

2011 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$5,103,456

Down $257,575 (-4.8%) from 2010

Net Assets

Down

$3,382,418

Down $317,668 (-8.6%) from 2010

Liabilities

Up

$1,721,038

Up $60,093 (+3.6%) from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$1,080,776

Down $244,138 (-18%) from 2010

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $5,361,031Liabilities 2010: $1,660,945Net Assets 2010: $3,700,0862010Assets 2011: $5,103,456Liabilities 2011: $1,721,038Net Assets 2011: $3,382,4182011Assets 2012: $4,583,257Liabilities 2012: $1,637,272Net Assets 2012: $2,945,9852012Assets 2013: $4,504,571Liabilities 2013: $1,616,677Net Assets 2013: $2,887,8942013Assets 2014: $4,485,699Liabilities 2014: $1,571,035Net Assets 2014: $2,914,6642014Assets 2015: $4,920,612Liabilities 2015: $1,844,627Net Assets 2015: $3,075,9852015Assets 2016: $4,199,699Liabilities 2016: $1,766,277Net Assets 2016: $2,433,4222016Assets 2017: $4,362,998Liabilities 2017: $1,698,061Net Assets 2017: $2,664,9372017Assets 2018: $4,649,011Liabilities 2018: $1,962,622Net Assets 2018: $2,686,3892018Assets 2019: $5,181,114Liabilities 2019: $2,060,294Net Assets 2019: $3,120,8202019Assets 2020: $5,115,770Liabilities 2020: $1,772,358Net Assets 2020: $3,343,4122020Assets 2021: $4,895,533Liabilities 2021: $1,562,002Net Assets 2021: $3,333,5312021Assets 2022: $4,774,200Liabilities 2022: $1,430,934Net Assets 2022: $3,343,2662022Assets 2023: $4,923,954Liabilities 2023: $1,460,524Net Assets 2023: $3,463,4302023Assets 2024: $4,670,762Liabilities 2024: $1,417,783Net Assets 2024: $3,252,9792024

Highlighted filing

2011

Assets$5,103,456
Liabilities$1,721,038
Net Assets$3,382,418

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $1,324,9142010Expenses 2011: $1,080,7762011Expenses 2012: $1,119,6382012Revenue 2013: $982,484Expenses 2013: $1,079,575Net Income 2013: -$97,0912013Revenue 2014: $1,124,642Expenses 2014: $1,133,878Net Income 2014: -$9,2362014Revenue 2015: $1,317,395Expenses 2015: $1,202,913Net Income 2015: $114,4822015Revenue 2016: $1,143,759Expenses 2016: $1,319,990Net Income 2016: -$176,2312016Revenue 2017: $1,525,284Expenses 2017: $1,327,772Net Income 2017: $197,5122017Revenue 2018: $1,540,543Expenses 2018: $1,463,352Net Income 2018: $77,1912018Revenue 2019: $1,942,424Expenses 2019: $1,508,620Net Income 2019: $433,8042019Revenue 2020: $1,863,206Expenses 2020: $1,430,800Net Income 2020: $432,4062020Revenue 2021: $1,431,291Expenses 2021: $1,486,219Net Income 2021: -$54,9282021Revenue 2022: $1,623,876Expenses 2022: $1,565,625Net Income 2022: $58,2512022Revenue 2023: $1,640,313Expenses 2023: $1,553,916Net Income 2023: $86,3972023Revenue 2024: $1,663,744Expenses 2024: $1,906,863Net Income 2024: -$243,1192024

Highlighted filing

2011

Revenue-
Expenses$1,080,776
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
Nov 14, 2012
Return Version
2011v1.2
Gross Receipts
$1,114,114
Mission and Program Overview

Mission

Interpretation of the history and accomplishments of the herreshoff manufacturing company and america's cup.

Major Activities

Activity 2
Program activities including: the seamanship program, lectures, the mentorship program in classic boat maintenance, and educational partnership. The mentorship program in classic boat maintenance provides a hands-on experience in helping to care for the museum's active-use collection of watercraft. The seamanship program's primary goals are to teach sailing skills and water awareness, to instill a love of the marine environment, and to create lifelong sailors.
Activity 3
Classic yacht symposium: these events include presentations on subjects relative to the excellence in classic yacht restoration, replication, or use; adaptation of classic designs to modern materials, and technical details of rigging, fitting, powering and rating rules. The event's proceedings (the assemblage of papers and discussions provided during the symposium as well as noteworty papers not presented) are distributed to the hundreds of builders, designers, owners, and enthusiasts who attend
Filing and Contact Details

Filer

EIN
23-7102744
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IRS990/OtherExpenses/Description1OTHER MUSEUM ACTIVITIES
IRS990/OtherExpenses/Description2OTHER PROGRAM ACTIVITIES
IRS990/OtherExpenses/Description3DUES AND SUBSCRIPTIONS
IRS990/OtherExpenses/Fundraising00
IRS990/OtherExpenses/Fundraising10
IRS990/OtherExpenses/Fundraising20
IRS990/OtherExpenses/Fundraising30
IRS990/OtherExpenses/ManagementAndGeneral00
IRS990/OtherExpenses/ManagementAndGeneral10
IRS990/OtherExpenses/ManagementAndGeneral20
IRS990/OtherExpenses/ManagementAndGeneral3127
IRS990/OtherExpenses/ProgramServices01136
IRS990/OtherExpenses/ProgramServices122803
IRS990/OtherExpenses/ProgramServices217474
IRS990/OtherExpenses/ProgramServices30
IRS990/OtherExpenses/Total01136
IRS990/OtherExpenses/Total122803
IRS990/OtherExpenses/Total217474
IRS990/OtherExpenses/Total3127
IRS990/OtherLiabilities/EOY0177794
IRS990/OtherRevenueCurrentYear0-33613
IRS990/OtherRevenuePriorYear016801
IRS990/OtherSalariesAndWages/Fundraising023472
IRS990/OtherSalariesAndWages/ManagementAndGeneral071987
IRS990/OtherSalariesAndWages/ProgramServices0147334
IRS990/OtherSalariesAndWages/Total0242793
IRS990/OtherWebsite0X
IRS990/PartialLiquidation0false
IRS990/PayrollTaxes/Fundraising04038
IRS990/PayrollTaxes/ManagementAndGeneral09659
IRS990/PayrollTaxes/ProgramServices010820
IRS990/PayrollTaxes/Total024517
IRS990/PermanentlyRestrictedNetAssets/BOY0136850
IRS990/PermanentlyRestrictedNetAssets/EOY0152410
IRS990/PledgesAndGrantsReceivable/BOY0189759
IRS990/PledgesAndGrantsReceivable/EOY0157717
IRS990/PoliticalActivities0false
IRS990/PremiumsPaid0false
IRS990/PrepaidExpensesDeferredCharges/BOY010250
IRS990/PrepaidExpensesDeferredCharges/EOY010392
IRS990/PriorExcessBenefitTransaction0false
IRS990/ProfessionalFundraising0true
IRS990/ProgramServiceRevenue/BusinessCode0611710
IRS990/ProgramServiceRevenue/BusinessCode1611710
IRS990/ProgramServiceRevenue/BusinessCode2611710
IRS990/ProgramServiceRevenue/BusinessCode3611600
IRS990/ProgramServiceRevenue/BusinessCode4900099
IRS990/ProgramServiceRevenueCY0164215
IRS990/ProgramServiceRevenue/Description0MUSEUM ACTIVITIES
IRS990/ProgramServiceRevenue/Description1ADMISSIONS
IRS990/ProgramServiceRevenue/Description2WATERFRONT PROGRAMS
IRS990/ProgramServiceRevenue/Description3SAILING SCHOOL
IRS990/ProgramServiceRevenue/Description4MISCELLANOUS REVENUE
IRS990/ProgramServiceRevenuePriorYear0395657

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.67$1.42$3.25$1.66$1.91$0.24
2023Detailed filing. Detailed filing data is available for this year.$4.92$1.46$3.46$1.64$1.55$0.09
2022Detailed filing. Detailed filing data is available for this year.$4.77$1.43$3.34$1.62$1.57$0.06
2021Detailed filing. Detailed filing data is available for this year.$4.90$1.56$3.33$1.43$1.49$0.05
2020Detailed filing. Detailed filing data is available for this year.$5.12$1.77$3.34$1.86$1.43$0.43
2019Detailed filing. Detailed filing data is available for this year.$5.18$2.06$3.12$1.94$1.51$0.43
2018Detailed filing. Detailed filing data is available for this year.$4.65$1.96$2.69$1.54$1.46$0.08
2017Detailed filing. Detailed filing data is available for this year.$4.36$1.70$2.66$1.53$1.33$0.20
2016Detailed filing. Detailed filing data is available for this year.$4.20$1.77$2.43$1.14$1.32$0.18
2015Detailed filing. Detailed filing data is available for this year.$4.92$1.84$3.08$1.32$1.20$0.11
2014Detailed filing. Detailed filing data is available for this year.$4.49$1.57$2.91$1.12$1.13$0.01
2013Detailed filing. Detailed filing data is available for this year.$4.50$1.62$2.89$0.98$1.08$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.58$1.64$2.95$1.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.10$1.72$3.38$1.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.36$1.66$3.70$1.32