Skip to content
Nonprofiteer
← RICHARDSON MARITIME MUSEUM INCORPORATED

Form 990 for tax year 2024

Filed by RICHARDSON MARITIME MUSEUM INCORPORATED.

Totals

Total revenue
$76,478
Total expenses
$66,512
Contributions and grants received
$31,936
Grants paid
$0
Program service revenue
$12,422
Investment income
$0
Other revenue
$32,120
Total assets, end of year
$488,518
Total liabilities, end of year
$81,320
Net assets or fund balances, end of year
$407,198
Program services expenses (Part IX)
$56,314
Management and general expenses
$10,198
Fundraising expenses
$0
Program service expenses (Part III)
$56,314

Program services were 84.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $9,400

  • 1f · All other contributions, gifts and grants

    $22,536

  • 2a · Program service revenue: PROGRAMS

    total $11,322 · related or exempt $11,322

  • 2b · Program service revenue: OTHER

    total $1,100 · related or exempt $1,100

  • 11a · Other revenue: RENT INCOME

    total $32,120 · related or exempt $32,120

  • 11e · Other revenue, total

    $32,120

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $700 · program services $350 · management and general $350

  • 12 · Advertising and promotion

    total $186 · program services $186

  • 13 · Office expenses

    total $459 · program services $459

  • 16 · Occupancy

    total $16,137 · program services $14,714 · management and general $1,423

  • 19 · Conferences, conventions and meetings

    total $162 · program services $162

  • 22 · Depreciation, depletion and amortization

    total $5,506 · program services $5,506

  • 23 · Insurance

    total $17,274 · program services $8,849 · management and general $8,425

  • 24a · Other expenses: OUTSIDE SERVICES

    total $20,585 · program services $20,585

  • 24b · Other expenses: PROGRAM SUPPLIES

    total $5,488 · program services $5,488

  • 24c · Other expenses: LICENSES & PERMITS

    total $15 · program services $15

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $62,978 · end of year $65,912

  • 8 · Inventories for sale or use

    beginning of year $1,786 · end of year $1,786

  • 10a · Land, buildings and equipment: cost or other basis

    $444,977

  • 10b · Land, buildings and equipment: accumulated depreciation

    $24,157

  • 10c · Land, buildings and equipment, net

    beginning of year $422,688 · end of year $420,820

  • 17 · Accounts payable and accrued expenses

    beginning of year $6,020

  • 24 · Unsecured notes and loans payable

    beginning of year $84,200 · end of year $81,320

  • 27 · Net assets without donor restrictions

    beginning of year $378,138 · end of year $384,660

  • 28 · Net assets with donor restrictions

    beginning of year $19,094 · end of year $22,538

Mission and programs · 2024

Mission

THE ORGANIZATION IS DEDICATED TO PRESERVING AND PROMOTING THE WOODEN BOATBUILDING HERITAGE OF MARYLAND'S EASTERN SHORE WITH A MUSEUM AND A WOODEN BOATBUILDING CENTER.

  • TO PRESERVE AND PROMOTE THE BOATBUILDING HERITAGE OF DORCHESTER COUNTY MARYLAND AND THE CHESAPEAKE BAY AREA THROUGH RESEARCH, PRESERVATION,EXHIBITION OF ARTIFACTS AND ARCHIVES, AND AN EDUCATION FACILITY FOR THE MARINE TRADES.

    Expenses $56,314 · Revenue $12,422

As filed on the 2024 return.

Listed in Part VII

  • JAMES D BRIGHTON

    VICE CHAIRMA

    Total calculated
    $0
    Hours/week
    3

  • ADDIE ECKART

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • MARTIN HARDY

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    3

  • WOODALL LABAT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • MATT LEONARD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • ED ROBBINS

    TREASURER

    Total calculated
    $0
    Hours/week
    3

  • DEBORAH USAB

    SECRETARY

    Total calculated
    $0
    Hours/week
    3

  • DAVID WILLIAMS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
12 November 2025
IRS schema version
2024v5.0
Source object
202503189349302765

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.