Liabilities / Assets
20th percentile
Higher debt load relative to assets than 20% of similar nonprofits.
EIN 52-1148499 • 501(c)3 • Ocean City, MD
Profile
MUSEUM OPERATIONS
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
20th percentile
Higher debt load relative to assets than 20% of similar nonprofits.
Liabilities / Revenue
21st percentile
Higher debt load relative to revenue than 21% of similar nonprofits.
Net Margin
71st percentile
Higher net margin than 71% of similar nonprofits.
Top Officer Pay
40th percentile
Higher top officer pay than 40% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
58th percentile
Faster asset growth than 58% of similar nonprofits.
Revenue Growth
9th percentile
Faster revenue growth than 9% of similar nonprofits.
Assets
Up$1,297,071
Up $79,971 (+6.6%) from 2024
Liabilities
Up$234
Up $41 (+21%) from 2024
Net Assets
Up$1,296,837
Up $79,930 (+6.6%) from 2024
Revenue
Down$431,225
Down $238,845 (-36%) from 2024
Expenses
Up$351,291
Up $52,069 (+17%) from 2024
Net Income
Down$79,934
Down $290,914 (-78%) from 2024
Most recent year
2025 • Form 990Detailed filing. Detailed filing data is available for this year.
MUSEUM OPERATIONS
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Rtn Earn Endowment Incm Other Fnds | $1,216,907 | $1,296,837 | ▲ $79,930 |
| Land, Buildings, and Equipment, Net | $759,201 | $726,327 | ▼ $32,874 |
| Savings and Temporary Cash Investments | $94,865 | $76,335 | ▼ $18,530 |
| Cash and Non-Interest-Bearing Accounts | $144,151 | $44,367 | ▼ $99,784 |
| Inventories for Sale or Use | $31,173 | $37,088 | ▲ $5,915 |
| Intangible Assets | $780 | - | - |
| Total Assets | $1,217,100 | $1,297,071 | ▲ $79,971 |
| Other Assets Total | $186,930 | $412,954 | ▲ $226,024 |
| Liabilities | |||
| Other Liabilities | $193 | $234 | ▲ $41 |
| Total Liabilities | $193 | $234 | ▲ $41 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $1,216,907 | $1,296,837 | ▲ $79,930 |
| Total Liabilities and Net Assets / Fund Balance | $1,217,100 | $1,297,071 | ▲ $79,971 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $726,327 | $604,971 | $1,331,298 |
| Other Assets Org | $74,057 | - | - |
| Name | Title |
|---|---|
| Michael Maykrantz | President |
| Joseph Moore | Board Attorn |
| Adam Showell | Director |
| Alfred Harrison | Director |
| Anna Dolle Bushnell | Director |
| Bob Rothermel | Director |
| Hunter Bunk Mann | Director |
| John Fager | Director |
| John Lynch | Director |
| Joseph Kurtz | Director |
| Lee Gerachis | Director |
| Mary Adeline Bradford | Director |
| Reid Tingle | Director |
| Shirley Moran | Director |
| Larry Noccolino | City Rep |
| Joanne Guilfoil | Secretary |
| Stephanie Shockley | Treasurer |
| Mabel Rogers | Vice-preside |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $182,766 |
| Other Expenses | $168,525 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $182,766 | - | - | $182,766 |
| All Other Expenses | $34,071 | - | - | $34,071 |
| Advertising | $17,581 | - | - | $17,581 |
| Insurance | $15,134 | - | - | $15,134 |
| Depreciation Depletion | $13,156 | - | - | $13,156 |
| Other Expenses | $9,409 | - | - | $9,409 |
| Fees for Services Accounting | - | $3,100 | - | $3,100 |
| Total Functional Expenses | $348,191 | $3,100 | $0 | $351,291 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $9,888 |
| Fundraising Gross Income | $9,870 |
| Professional Fundraising Fees | $0 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| Hunter Bunk Mann | Director | See Below | No | - |
| Liability | Amount |
|---|---|
| Sales Tax | $234 |
“Each member is elected by members of the governing body. Members approve significant decisions of the governing body. Also members do not receive profits from the organization.”
“Members have the right to elect one or more members of the organizations governing body whether periodically, or as vacancies arise.”
“The organizations treasurer presents the 990 to the organizations governing board, the governing board reviews the 990, discussing any issues or questions before final approval.”
“The 990 will be available upon written request given to the treasurer of the organization.”
“Operating two museums in ocean city, maryland: the ocean city life saving station museum & the museum of ocean city, providing lectures and tours regarding historical information about the town of ocean city and the u.s. Life saving services (1875-1914), displaying artifacts.”
“Book / tax depreciation difference -4”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/Desc | 0 | OPERATING TWO MUSEUMS IN OCEAN CITY, MARYLAND: THE OCEAN CITY LIFE SAVING STATION MUSEUM & THE MUSEUM OF OCEAN CITY, PROVIDING LECTURES AND TOURS REGARDING HISTORICAL INFORMATION ABOUT THE TOWN OF OCEAN CITY AND THE U.S. LIFE SAVING SERVICES (1875-1914), DISPLAYING ARTIFACTS. |
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| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | OPERATING TWO MUSEUMS IN OCEAN CITY, MARYLAND: THE OCEAN CITY LIFE SAVING STATION MUSEUM & THE MUSEUM OF OCEAN CITY, PROVIDING LECTURES AND TOURS REGARDING HISTORICAL INFORMATION ABOUT THE TOWN OF OCEAN CITY AND THE U.S. LIFE SAVING SERVICES (1875-1914), DISPLAYING ARTIFACTS. |
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| IRS990/PYOtherExpensesAmt | 0 | 136262 |
| IRS990/PYOtherRevenueAmt | 0 | -49221 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 28825 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 370848 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 162960 |
| IRS990/PYTotalExpensesAmt | 0 | 299222 |
| IRS990/PYTotalRevenueAmt | 0 | 670070 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 79934 |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | true |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 25374 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 1216907 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 1296837 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 94865 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 76335 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 438317 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 678249 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 278116 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 225628 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 369100 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 1989410 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 268124 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.99970 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 1989410 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 438317 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 678249 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 278116 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 225628 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 369100 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 1989410 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 1989410 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 338897 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 74057 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | MUSEUM ARTIFACTS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | FUNDS HELD BY COMMUNITY FOUNDATION |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 726327 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 604971 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 1331298 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 234 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | SALES TAX |
| IRS990ScheduleD/SolicitedAssetsSaleInd | 0 | false |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 726327 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 412954 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 234 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 0 | HUNTER BUNK MANN |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 0 | DIRECTOR |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 0 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 0 | SEE BELOW |
| IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt | 0 | IN FISCAL YEAR END 6/30/15, THE MUSEUM SOCIETY PURCHASED 249 COPIES OF HUNTER MANN'S BOOK TITLED "VANISHING OCEAN CITY" AT A TOTAL COST OF 10,368. THE PRICE PAID REFLECTS A DISCOUNT OF 2,070 FROM RETAIL PRICE. THE SOCIETY WILL BENEFIT BY SELLING THE BOOK AT RETAIL PRICE. SALES OF THIS BOOK CONTINUED DURING THE FISCAL YEAR ENDED 6/30/25. |
| IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE L, PART V |
| IRS990ScheduleM/AnyPropertyThatMustBeHeldInd | 0 | false |
| IRS990ScheduleM/HistoricalArtifactsGrp/ContributionCnt | 0 | 363 |
| IRS990ScheduleM/HistoricalArtifactsGrp/NonCashCheckboxInd | 0 | X |
| IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd | 0 | false |
| IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt | 0 | CONTRIBUTIONS OF HISTORICAL ARTIFACTS AND OTHER ITEMS OF HISTORICAL NATURE ARE RECEIVED BY THE MUSEUM SOCIETY. THIS FISCAL YEAR 39 CONTRIBUTIONS WERE RECEIVED BY THE MUSEUM TOTALING 363 ITEMS. THE MUSEUM SOCIETY REPORTED 0 ON FOR 990, PART VIII, LINE 1G, BECAUSE THE MUSEUM SOCIETY DOES NOT CAPITALIZE THESE CONTRIBUTIONS. THESE ITEMS ARE USED TO FURTHER THE ORGANIZATIONS EXEMPT PURPOSE AS DESCRIBED ON SCHEDULE D, PART XIII. |
| IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE M, PAGE 2, PART II |
| IRS990ScheduleM/ThirdPartiesUsedInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | OPERATING TWO MUSEUMS IN OCEAN CITY, MARYLAND: THE OCEAN CITY LIFE SAVING STATION MUSEUM & THE MUSEUM OF OCEAN CITY, PROVIDING LECTURES AND TOURS REGARDING HISTORICAL INFORMATION ABOUT THE TOWN OF OCEAN CITY AND THE U.S. LIFE SAVING SERVICES (1875-1914), DISPLAYING ARTIFACTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EACH MEMBER IS ELECTED BY MEMBERS OF THE GOVERNING BODY. MEMBERS APPROVE SIGNIFICANT DECISIONS OF THE GOVERNING BODY. ALSO MEMBERS DO NOT RECEIVE PROFITS FROM THE ORGANIZATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | MEMBERS HAVE THE RIGHT TO ELECT ONE OR MORE MEMBERS OF THE ORGANIZATIONS GOVERNING BODY WHETHER PERIODICALLY, OR AS VACANCIES ARISE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE ORGANIZATIONS TREASURER PRESENTS THE 990 TO THE ORGANIZATIONS GOVERNING BOARD, THE GOVERNING BOARD REVIEWS THE 990, DISCUSSING ANY ISSUES OR QUESTIONS BEFORE FINAL APPROVAL. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE 990 WILL BE AVAILABLE UPON WRITTEN REQUEST GIVEN TO THE TREASURER OF THE ORGANIZATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | BOOK / TAX DEPRECIATION DIFFERENCE -4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 2, PART III, LINE 4D |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART XI, LINE 9 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | MD |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 1217100 |
| IRS990/TotalAssetsEOYAmt | 0 | 1297071 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 1217100 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 1297071 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 438317 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 3100 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 348191 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 351291 |
| IRS990/TotalGrossUBIAmt | 0 | -40953 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 193 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 234 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 193 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 234 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 1216907 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 1296837 |
| IRS990/TotalOtherProgSrvcExpenseAmt | 0 | 4035 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 348191 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 25374 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 33879 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 431225 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | -40953 |
| IRS990/TotalVolunteersCnt | 0 | 18 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 1217100 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 1297071 |
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