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Arts, Culture, Humanities : Museums

South Street Seaport Museum

Where New York Begins.

four stars

90.18

12 Fulton Street New York, NY 10038
tel: (212) 748-8600   Web Site
EIN: 13-2596500

Board Leadership
Brendan Sexton
Chair of the Board

CEO
Jonathan Boulware
President & CEO

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 90.18 four stars
  Financial 88.01 three stars
  Accountability & Transparency 93.00 four stars
This rating was published 07/01/2019 and includes data from FY2017, the most recent 990 received at that time.

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 exchanged through work, commerce, and the interaction of diverse communities.

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 exchanged through work, commerce, and the interaction of diverse communities.

Impact Information

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Financial

three stars

88.01

Accountability & Transparency

four stars

93.00

This rating was published 07/01/2019 and includes data from FY2017, 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)
68.2%
  Administrative Expenses 23.9%
  Fundraising Expenses 7.8%
  Fundraising Efficiency $0.18
  Working Capital Ratio (years) 3.61
  Program Expenses Growth 25.3%
  Liabilities to Assets 5.1%
All data for Financial Performance Metrics calculations was provided by South Street Seaport Museum on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by South Street Seaport Museum on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
South Street Seaport Museum (NY) 90.18 four stars
Fairfield Museum and History Center (CT) 88.36 three stars
Museum of South Texas History (TX) 90.34 four stars
Museum of the City of New York (NY) 91.29 four stars
Museum of the Shenandoah Valley (VA) 94.74 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $654,427
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $501,235
   Related Organizations $0
   Government Grants $1,009,980
Total Contributions $2,165,642
   Program Service Revenue $534,470
Total Primary Revenue $2,700,112
   Other Revenue $1,012,797
TOTAL REVENUE $3,712,909
   
EXPENSES  
   Program Expenses $3,356,465
   Administrative Expenses $859,435
   Fundraising Expenses $416,643
TOTAL FUNCTIONAL EXPENSES $4,632,543
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-919,634
   
Net Assets $15,466,848

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Marine Operations/ Historic Ship Preservation $1,703,013 50.7%
School and Public Events $1,152,992 34.4%
Museum Shop $233,522 7.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-12 07/01/2019 90.18 four stars
2015-12 06/01/2017 82.13 three stars
2014-12 06/01/2016 72.25 two stars
 
CN 2.0
2013-12 08/01/2015 73.40 two stars
2012-12 03/01/2014 74.92 two stars
2011-12 07/01/2013 65.72 one star
2010-12 04/01/2012 79.85 two stars
2009-12 09/20/2011 84.76 three stars
 
CN 1.0
2009-12 04/01/2011 81.37 three stars
2008-12 06/01/2010 71.18 two stars
2007-12 06/01/2009 63.59 one star
2006-12 04/01/2008 63.23 one star
2005-12 05/01/2007 68.69 one star
2004-12 04/01/2006 69.78 one star
2003-12 05/01/2005 71.18 two stars
2002-12 05/01/2004 85.20 three stars
2001-12 04/15/2003 81.70 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 13-2596500
Name in IRS Master File SEAPORT MUSEUM NEW YORK
NTEE Code A50
NTEE Classification Museum, Museum Activities
NTEE Type Arts, Culture and Humanities
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (60) Museum, zoo, planetarium, etc.
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date March, 1989
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2015
  • December, 2014
  • December, 2013
  • December, 2012
Compensation % of Expenses Paid to Title
$169,167 3.65% Jonathan Boulware Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
South Street Seaport Museum (NY) 90.18 four stars
Museum of the City of New York (NY) 91.29 four stars
Museum of South Texas History (TX) 90.34 four stars
California State Railroad Museum Foundation (CA) 93.91 four stars
The Renaissance Society at the University of Chicago (IL) 85.00 three stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

South Street Seaport Museum
12 Fulton Street
New York, NY 10038
tel: (212) 748-8600
fax: (212) 748-8590
EIN: 13-2596500

Visit Web Site

Board Leadership

Brendan Sexton
Chair of the Board

CEO

Jonathan Boulware
President & CEO

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