South Street Seaport Museum

96%

Four-Star Charity

Impact & Measurement

Accountability & Finance

Culture & Community

Leadership & Adaptability

South Street Seaport Museum

Is this your nonprofit?

501(c)(3) organization

Donations are tax-deductible

https://southstreetseaportmuseum.org/

12 Fulton Street

New York NY 10038

212-748-8600

New York NY | IRS ruling year: 1989 | EIN: 13-2596500

An EIN is a unique nine-digit number that identifies a business for tax purposes.

Organization Mission

The South Street Seaport Museum preserves and interprets the origins and growth of New York City as a world port-a place where goods, labor, and cultures are exchang ...

(More)

Rating Information

Great

This charity's score is 96%, earning it a Four-Star rating. If this organization aligns with your passions and values, you can give with confidence.

This overall score is calculated entirely from a single beacon score, weighted as follows: 100% Accountability & Finance. Learn more about our criteria and methodology.

Historical Ratings

Accountability & Finance

Score

96

Most Recent Fiscal Year:
FY 2022

This beacon provides an assessment of a charity's financial health (financial efficiency, sustainability, and trustworthiness) and its commitment to governance practices and policies.

Learn more

Key Accountability Metrics

Full Credit

Partial Credit

No Credit

Majority Independent Board Members - 100% independent members

8 out of 8 points

Independent Board Size - 8 independent members

7 out of 7 points

Financial Statements - Audit and Oversight Committee

15 out of 15 points

Total Revenue Amount	Expectation to Receive Credit
$2 million or higher and 40% or higher donor support	Expected to complete an audit and have an audit oversight committee
$1 million or higher	Expected to complete an audit
$500,000 - $1 million	Expected to complete an audit, review, or compilation
Less than $500,000	No expectation (removed from scoring methodology)

Material Diversion of Assets - None

10 out of 10 points

Tax Form Disclosures and Policies

Full Credit

Partial Credit

No Credit

Website Listed on Tax Form - Listed

2 out of 2 points

Conflict of Interest Policy - Listed

4 out of 4 points

Whistleblower Policy - Listed

4 out of 4 points

Document Retention and Destruction - Listed

4 out of 4 points

Documents Board Meeting Minutes - Yes

2 out of 2 points

Website Disclosures

Full Credit

Partial Credit

No Credit

Tax Form Posted on Nonprofit's Website - Listed

4 out of 4 points

Financial Metrics

Full Credit

Partial Credit

No Credit

Liabilities to Assets: Ratio - 17.84%

15 out of 15 points

Program Expense: Ratio - 66.95%

21 out of 25 points

Additional Information

Total Revenue and Expenses - Data Available

Salary of Key Persons - Data Available

IRS Published Data (Business Master File) - Data Available

Data Sources (IRS Forms 990) - Data Available

Date Published	Overall Rating
6/1/2021
5/1/2020
7/1/2019
6/1/2017
6/1/2016
8/1/2015
3/1/2014
7/1/2013
4/1/2012
9/20/2011
4/1/2011
This organization received multiple star ratings within this fiscal year, due to an update to its Accountability and Transparency data and/or the receipt of an amended Form 990.
6/1/2010
6/1/2009
4/1/2008
5/1/2007
4/1/2006
5/1/2005
5/1/2004
4/15/2003