Civic Intelligence

Havre De Grace Maritime Museum Inc

EIN 52-1552477 • 501(c)3 • Havre DE Grace, MD

Profile

To collect document preserve and interpret the maritime skills and cultural heritage of the Lower Susquehanna River and Upper Chesapeake Bay region.

100 Lafayette StHavre DE Grace, MD 21078-3542

hdgmaritimemuseum.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

35th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

12th percentile

-28%

Higher net margin than 12% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

23rd percentile

-8.3%

Faster asset growth than 23% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

49th percentile

6.1%

Faster revenue growth than 49% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$613,510

Down $55,434 (-8.3%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$613,510

Down $55,434 (-8.3%) from 2023

Revenue

Up

$202,743

Up $11,685 (+6.1%) from 2023

Expenses

Up

$258,763

Up $94,965 (+58%) from 2023

Net Income

Down

-$56,020

Down $83,280 (-306%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2010: $808,961Liabilities 2010: $257,908Net Assets 2010: $551,0532010Assets 2011: $785,248Liabilities 2011: $248,664Net Assets 2011: $536,5842011Assets 2012: $740,523Liabilities 2012: $198,056Net Assets 2012: $542,4672012Assets 2013: $780,579Liabilities 2013: $193,302Net Assets 2013: $587,2772013Assets 2014: $722,220Liabilities 2014: $188,666Net Assets 2014: $533,5542014Assets 2015: $753,220Liabilities 2015: $181,830Net Assets 2015: $571,3902015Assets 2016: $788,053Liabilities 2016: $174,675Net Assets 2016: $613,3782016Assets 2017: $772,632Liabilities 2017: $167,067Net Assets 2017: $605,5652017Assets 2018: $768,713Liabilities 2018: $159,450Net Assets 2018: $609,2632018Assets 2019: $739,088Liabilities 2019: $87,030Net Assets 2019: $652,0582019Assets 2020: $741,716Liabilities 2020: $0Net Assets 2020: $741,7162020Assets 2021: $751,985Liabilities 2021: $0Net Assets 2021: $751,9852021Assets 2022: $685,808Liabilities 2022: $0Net Assets 2022: $685,8082022Assets 2023: $668,944Liabilities 2023: $0Net Assets 2023: $668,9442023Assets 2024: $613,510Liabilities 2024: $0Net Assets 2024: $613,5102024

Highlighted filing

2024

Assets$613,510
Liabilities$0
Net Assets$613,510

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KExpenses 2010: $172,1712010Expenses 2011: $152,6552011Revenue 2012: $141,407Expenses 2012: $167,732Net Income 2012: -$26,3252012Revenue 2013: $147,061Expenses 2013: $125,807Net Income 2013: $21,2542013Revenue 2014: $118,772Expenses 2014: $142,733Net Income 2014: -$23,9612014Revenue 2015: $170,847Expenses 2015: $96,557Net Income 2015: $74,2902015Revenue 2016: $169,049Expenses 2016: $121,688Net Income 2016: $47,3612016Revenue 2017: $161,674Expenses 2017: $169,487Net Income 2017: -$7,8132017Revenue 2018: $189,784Expenses 2018: $166,287Net Income 2018: $23,4972018Revenue 2019: $226,022Expenses 2019: $260,896Net Income 2019: -$34,8742019Revenue 2020: $180,944Expenses 2020: $183,316Net Income 2020: -$2,3722020Revenue 2021: $213,538Expenses 2021: $161,760Net Income 2021: $51,7782021Revenue 2022: $161,786Expenses 2022: $205,667Net Income 2022: -$43,8812022Revenue 2023: $191,058Expenses 2023: $163,798Net Income 2023: $27,2602023Revenue 2024: $202,743Expenses 2024: $258,763Net Income 2024: -$56,0202024

Highlighted filing

2024

Revenue$202,743
Expenses$258,763
Net Income-$56,020

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.14$0.00$6.14$2.03$2.59$0.56
2023Detailed filing. Detailed filing data is available for this year.$6.69$0.00$6.69$1.91$1.64$0.27
2022Detailed filing. Detailed filing data is available for this year.$6.86$0.00$6.86$1.62$2.06$0.44
2021Detailed filing. Detailed filing data is available for this year.$7.52$0.00$7.52$2.14$1.62$0.52
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.42$0.00$7.42$1.81$1.83$0.02
2019Summary only. Only limited summary data is available for this year.$7.39$0.87$6.52$2.26$2.61$0.35
2018Summary only. Only limited summary data is available for this year.$7.69$1.59$6.09$1.90$1.66$0.23
2017Summary only. Only limited summary data is available for this year.$7.73$1.67$6.06$1.62$1.69$0.08
2016Summary only. Only limited summary data is available for this year.$7.88$1.75$6.13$1.69$1.22$0.47
2015Summary only. Only limited summary data is available for this year.$7.53$1.82$5.71$1.71$0.97$0.74
2014Summary only. Only limited summary data is available for this year.$7.22$1.89$5.34$1.19$1.43$0.24
2013Summary only. Only limited summary data is available for this year.$7.81$1.93$5.87$1.47$1.26$0.21
2012Summary only. Only limited summary data is available for this year.$7.41$1.98$5.42$1.41$1.68$0.26
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.85$2.49$5.37$1.53
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.09$2.58$5.51$1.72
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.1
Gross Receipts
$218,827
Mission and Program Overview

Mission

To collect document preserve and interpret the maritime skills and cultural heritage of the Lower Susquehanna River and Upper Chesapeake Bay region.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$508,304$508,304→ $0
Savings and Temporary Cash Investments$71,585$55,067▼ $16,518
Cash and Non-Interest-Bearing Accounts$81,555$46,639▼ $34,916
Inventories for Sale or Use$7,500$3,500▼ $4,000
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$668,944$613,510▼ $55,434
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$668,944$613,510▼ $55,434
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$668,944$613,510▼ $55,434
Total Liabilities and Net Assets / Fund Balance$668,944$613,510▼ $55,434

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$508,304$575,000-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bruce RussellPresident of Board
Tyre JayVice President of Board
David DulikBoard member
Andy GoldbergTreasurer of the Board
Revenue and Support

Revenue Composition

Contributions and Grants
$139,322
Program Service Revenue
$39,489
Investment Income
$3,474
Other Revenue
$20,458
All Other Contributions
$86,272
Change in Net Assets
$-56,020
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$146,130
Other Expenses$112,633
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$0$146,130$0$146,130
Office Expenses$0$0$0$23,001
Total Functional Expenses$9,973$225,699$0$258,763
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$21,700
Fundraising Direct Expenses$12,811
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$21,700$21,700$2,383$19,317
Event 2$0$0$0$0
Total Events$21,700$21,700$12,811$8,889
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 11A

Reviewed by board and senior staff

Part VI, Line 12C

not an issue

Part VI, Line 19

On request

Filing and Contact Details

Filer

Filer Name
Havre De Grace Maritime Museum Inc
EIN
52-1552477
Phone
4109394800
Address
100 LAFAYETTE ST, HAVRE DE GRACE, MD 21078-3542

Signing Officer

Name
Jennifer Sim
Title
Executive Director
Phone
4109394800
Signed
2025-11-13

Organization Details

Principal Officer
Bruce Russell
Formed
1987
Legal Domicile
Md
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
40
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