Arts, Culture, Humanities : Museums

CN Advisory: Moderate Concern

Independence Seaport Museum

Deepening the appreciation, understanding and experience of the Philadelphia region's waterways

three stars

87.27

211 South Columbus Boulevard Philadelphia, PA 19106
tel: (215) 413-8655   Web Site
EIN: 23-1584971

Board Leadership
Peter H. Havens
Chair

CEO
John Brady
President, CEO

  Score
(out of 100)
Rating
Overall Score & Rating 87.27 three stars
  Financial 90.06 four stars
  Accountability & Transparency 85.00 three stars
This rating was published 11/01/2019 and includes data from FY2018, the most recent 990 received at that time.

Founded in 1960 as the Philadelphia Maritime Museum, Independence Seaport Museum is the region's primary repository of art, artifacts and archival materials documenting the diverse maritime history of the Greater Delaware Valley, and the history of the Port of Philadelphia and the other major urban ports of the Delaware River. Today, the Independence Seaport Museum is an anchor attraction on Penn's Landing, attracting visitors to experience both Philadelphia's heritage and current waterfront. The Museum educates area youth groups through interactive programs in its boat shop, presents changing exhibits in its galleries and hosts visiting ships and events year-round.

Founded in 1960 as the Philadelphia Maritime Museum, Independence Seaport Museum is the region's primary repository of art, artifacts and archival materials documenting the diverse maritime history of the Greater Delaware Valley, and the history of the Port of Philadelphia and the other major urban ports of the Delaware River. Today, the Independence Seaport Museum is an anchor attraction on Penn's Landing, attracting visitors to experience both Philadelphia's heritage and current waterfront. The Museum educates area youth groups through interactive programs in its boat shop, presents changing exhibits in its galleries and hosts visiting ships and events year-round.

Impact Information

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Financial

four stars

90.06

Accountability & Transparency

three stars

85.00

This rating was published 11/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
66.7%
  Administrative Expenses 24.9%
  Fundraising Expenses 8.3%
  Fundraising Efficiency $0.05
  Working Capital Ratio (years) 5.47
  Program Expenses Growth 22.7%
  Liabilities to Assets 9.3%
All data for Financial Performance Metrics calculations was provided by Independence Seaport Museum on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Independence Seaport Museum on recent 990s filed with the IRS.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $4,254,268
   Federated Campaigns $0
   Membership Dues $54,515
   Fundraising Events $2,175
   Related Organizations $0
   Government Grants $153,625
Total Contributions $4,464,583
   Program Service Revenue $969,860
Total Primary Revenue $5,434,443
   Other Revenue $1,208,337
TOTAL REVENUE $6,642,780
   
EXPENSES  
   Program Expenses $4,905,839
   Administrative Expenses $716,574
   Fundraising Expenses $376,950
TOTAL FUNCTIONAL EXPENSES $5,999,363
   
Payments to Affiliates $0
Excess (or Deficit) for the year $643,417
   
Net Assets $27,907,185

Charts

Compensation % of Expenses Paid to Title
$150,000 2.50% John Brady President & CEO

Mission

Founded in 1960 as the Philadelphia Maritime Museum, Independence Seaport Museum is the region's primary repository of art, artifacts and archival materials documenting the diverse maritime history of the Greater Delaware Valley, and the history of the Port of Philadelphia and the other major urban ports of the Delaware River. Today, the Independence Seaport Museum is an anchor attraction on Penn's Landing, attracting visitors to experience both Philadelphia's heritage and current waterfront. The Museum educates area youth groups through interactive programs in its boat shop, presents changing exhibits in its galleries and hosts visiting ships and events year-round.

Highly Rated

Charity Name & State Overall Score Overall Rating
Independence Seaport Museum (PA) 87.27 three stars
AACA Museum (PA) 91.07 four stars
Peabody Essex Museum (MA) 87.61 three stars
The Admiral Nimitz Foundation (TX) 96.37 four stars
Northern Clay Center (MN) 91.32 four stars

Compare These Charities (Highly Rated)

Charity Contact Info

Independence Seaport Museum
211 South Columbus Boulevard
Philadelphia, PA 19106
tel: (215) 413-8655
EIN: 23-1584971

Visit Web Site

Board Leadership

Peter H. Havens
Chair

CEO

John Brady
President, CEO