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Arts, Culture, Humanities : Museums

South Street Seaport Museum

Where New York Begins.

88.84

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 and CEO

  Score
(out of 100)
Rating
Overall Score & Rating 88.84
  Financial 85.87
  Accountability & Transparency 93.00
This rating was published 06/01/2021 and includes data from FY2019, 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.

Financial

85.87

Accountability & Transparency

93.00

This rating was published 06/01/2021 and includes data from FY2019, 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)
69.4%
  Administrative Expenses 22.9%
  Fundraising Expenses 7.5%
  Fundraising Efficiency $0.16
  Working Capital Ratio (years) 2.93
  Program Expenses Growth 11.4%
  Liabilities to Assets 5.3%
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) 88.84
Museum of South Texas History (TX) 91.13
Historic New England (MA) 90.71
California State Railroad Museum Foundation (CA) 92.74
Fairfield Museum and History Center (CT) 94.04

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,064,721
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $16,500
   Related Organizations $0
   Government Grants $1,347,763
Total Contributions $2,428,984
   Program Service Revenue $448,093
Total Primary Revenue $2,877,077
   Other Revenue $1,655,177
TOTAL REVENUE $4,532,254
   
EXPENSES  
   Program Expenses $3,044,889
   Administrative Expenses $1,320,867
   Fundraising Expenses $271,067
TOTAL FUNCTIONAL EXPENSES $4,636,823
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-104,569
   
Net Assets $14,286,842

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
School and Public Events $1,465,818 48.1%
Marine Operations/ Historic Ship Preservation $865,930 28.4%
Museum Shop $344,355 11.3%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-12 06/01/2021 88.84
2018-12 05/01/2020 89.44
2017-12 07/01/2019 90.18
2015-12 06/01/2017 82.13
2014-12 06/01/2016 72.25
 
CN 2.0
2013-12 08/01/2015 73.40
2012-12 03/01/2014 74.92
2011-12 07/01/2013 65.72
2010-12 04/01/2012 79.85
2009-12 09/20/2011 84.76
 
CN 1.0
2009-12 04/01/2011 81.37
2008-12 06/01/2010 71.18
2007-12 06/01/2009 63.59
2006-12 04/01/2008 63.23
2005-12 05/01/2007 68.69
2004-12 04/01/2006 69.78
2003-12 05/01/2005 71.18
2002-12 05/01/2004 85.20
2001-12 04/15/2003 81.70

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
$198,967 4.29% Jonathan Boulware President & CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
South Street Seaport Museum (NY) 88.84
California State Railroad Museum Foundation (CA) 92.74
Genesee Country Village & Museum (NY) 91.45
Museum of the City of New York (NY) 90.22
Martha's Vineyard Museum (MA) 86.74

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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 and CEO

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