2025-06-24T08:12:08-00:00 2025-02-28 821650312 Alta CPA Group 59 Franklin St 2nd Floor Annapolis MD 21401 990 2024-03-01 237051889 CHESAPEAKE BAY MARITIME MUSEUM INC CHES 4107452916 213 N TALBOT STREET SAINT MICHAELS MD 21663 KRISTEN L GREENAWAY PRESIDENT CEO 4107452916 2025-06-24 true Jeffrey Griffith P01081433 4103495101 2025-06-24 2024 2025-03-06 01:10:19Z JOSEPH ROBILLARD 213 N TALBOT STREET SAINT MICHAELS MD 21663 8148250 false X HTTPS://CBMM.ORG/ X 1965 MD THE MISSION OF THE CHESAPEAKE BAY MARITIME MUSEUM IS TO PRESERVE AND EXPLORE THE HISTORY, ENVIRONMENT, AND PEOPLE OF THE CHESAPEAKE BAY. THE VISION OF THE CHESAPEAKE BAY MARITIME MUSEUM IS TO BE THE SEE SCHED O. 33 33 95 197 137424 3002773 2663113 2162736 2475908 1108415 1630602 203292 142650 6477216 6912273 0 0 3422926 3245121 0 602852 3368494 4674229 6791420 7919350 -314204 -1007077 41365303 41401805 2094588 2584031 39270715 38817774 X THE MISSION OF THE CHESAPEAKE BAY MARITIME MUSEUM CBMM IS TO PRESERVE AND EXPLORE THE HISTORY, ENVIRONMENT, AND PEOPLE OF THE CHESAPEAKE BAY. THE VISION OF THE CHESAPEAKE BAY MARITIME MUSEUM IS TO BE THE PREMIER SEE SCHED O false false 6041234 2440859 THE MUSEUM IS A PRIVATE NON-PROFIT EDUCATIONAL INSTITUTION DEDICATED TO FURTHERING AN UNDERSTANDING AND APPRECIATION OF THE MARITIME HERITAGE OF THE CHESAPEAKE BAY THROUGH COLLECTIONS, EDUCATION, DOCUMENTATION, EXHIBITION, RESEARCH AND PUBLICATION. OVER 90,000 MEMBERS AND VISITORS PARTICIPATE ON AN ANNUAL BASIS. VOLUNTEERS PROVIDED OVER 8,000 HOURS OF THEIR TIME TO AREAS SUCH AS EDUCATION, BOAT YARD AND CURATORIAL SERVICES. THE VALUE OF THESE SERVICES IS NOT RECORDED AS AN EXPENSE. 6041234 true true false false false false true true false true true false false false true true true false false false false false false false true false false false false true false false false false false false false false true false false false false false false false false true 105 0 true 95 true false false false false false true true false false false false false false X 33 33 false false false false false true false true true false false true true true true true true true false false MD X X X M BRANDEN MEREDITH CFO 4107452916 213 N TALBOT STREET SAINT MICHAELS MD 21663 KRISTEN GREENAWAY PRESIDENT CEO 040.00 X 259794 0 104472 M BRANDEN MEREDITH CHIEF FINANCIAL OFFICER 040.00 X 181552 0 49513 ELIZABETH LACORTE CHIEF ADVANCEMENT OFFICER 040.00 X 115332 0 4696 JOSEPH ROBILLARD CHAIR 001.00 X X 0 0 0 ANDREA DYNES SECRETARY 001.00 X X 0 0 0 NANCY APPLEBY DIRECTOR 001.00 X 0 0 0 MICHAEL COTTINGHAM DIRECTOR 001.00 X 0 0 0 LEONARD DAYTON DIRECTOR 001.00 X 0 0 0 DOUGLAS FEARS DIRECTOR 001.00 X 0 0 0 PHIL GILLIGAN DIRECTOR 001.00 X 0 0 0 MYRA GONS DIRECTOR 001.00 X 0 0 0 PAULA JOHNSON DIRECTOR 001.00 X 0 0 0 JAMES H KIZZIAR DIRECTOR 001.00 X 0 0 0 JONATHAN LEEB DIRECTOR 001.00 X 0 0 0 ELIZABETH MOOSE DIRECTOR 001.00 X 0 0 0 BOB REAVES DIRECTOR 001.00 X 0 0 0 RICHARD SCHWAB DIRECTOR 001.00 X 0 0 0 CLARA SMALL DIRECTOR 001.00 X 0 0 0 RICHARD SNOWDON DIRECTOR 001.00 X 0 0 0 HELLEN WERNECKE DIRECTOR 001.00 X 0 0 0 JEFF VOGEL VICE CHAIR 001.00 X X 0 0 0 RICHARD JOHNSON TREASURER 001.00 X X 0 0 0 MICHAEL CHIARAPPA DIRECTOR 001.00 X 0 0 0 JUNE DEHART DIRECTOR 001.00 X 0 0 0 CRAIG FULLER DIRECTOR 001.00 X 0 0 0 J CHRISTIAN FENGER DIRECTOR 001.00 X 0 0 0 DAGMAR GIPE DIRECTOR 001.00 X 0 0 0 FRED HOCKER DIRECTOR 001.00 X 0 0 0 REZA JAFARI DIRECTOR 001.00 X 0 0 0 DEBORAH LAWRENCE DIRECTOR 001.00 X 0 0 0 JOHN PFLIEGER JR DIRECTOR 001.00 X 0 0 0 WILLIAM RYAN DIRECTOR 001.00 X 0 0 0 MILES REIDY DIRECTOR 001.00 X 0 0 0 JOHN SEIDEL DIRECTOR 001.00 X 0 0 0 ENOS THROOP DIRECTOR 001.00 X 0 0 0 JOHN VILLA DIRECTOR 001.00 X 0 0 0 556678 158681 3 false true false GILBANE BUILDING COMPANY 1215 E FORT AVENUE BALTIMORE MD 21230 CONSTRUCTION SERVICES 100568 VISIONARY PHILANTHROPIC CONSULTING 5 BLUEBILL AVENUE 507 NAPLES FL 34108 PROFESSIONAL SERVICES 125986 2 365429 311008 1986676 412343 2663113 GENERAL ADMISSIONS 713110 1495451 1495451 MEMBERSHIP DUES 713110 647407 647407 EDUCATIONAL PROGRAMS 713110 131945 131945 SHIPYARD 713110 166056 166056 CONCESSION SALES 713110 35049 35049 2475908 39490 39490 516832 535039 -18207 -18207 -18207 1425732 545228 201025 178823 1224707 366405 1591112 146467 365429 146467 330254 174623 155631 155631 CHANGE IN COST OF LIFE INSURANCE VALUE 900099 229 229 OTHER INCOME 900099 4997 4997 5226 6912273 2481134 137424 39490 0 0 0 0 715359 424099 227936 63324 0 2141760 1269737 682433 189590 26217 13380 9009 3828 135924 114225 16011 5688 225861 130631 70074 25156 0 27696 4834 6158 16704 0 0 41139 41139 268026 46778 59597 161651 138930 81451 6338 51141 297085 205660 55501 35924 0 0 695915 635454 54524 5937 13786 9133 3819 834 0 74298 79968 -5670 0 0 1152190 1152190 259648 202304 43481 13863 EDUCATIONAL PROGRAMS 437832 437832 SHIPYARD PROJECTS 792667 792667 SUPPLIES AND EQUIPMENT 79558 74821 4737 EXHIBITS AND LIBRARY ACQUISITIONS 355361 327472 3414 24475 40098 38598 1500 7919350 6041234 1275264 602852 1828390 1561345 310426 363604 1667921 1488565 272668 273374 457997 357852 88290 219335 37277797 19793168 17882389 17484629 18424055 19265934 433167 387167 41365303 41401805 457414 641108 337174 374401 1300000 1568522 2094588 2584031 X 19063352 18183430 20207363 20634344 39270715 38817774 41365303 41401805 -1007077 554136 X false true X true false X 9387641 5447686 2445245 3002773 2663113 22946458 1212501 2762172 2239911 2162736 2475908 10853228 10600142 8209858 4685156 5165509 5139021 33799686 1233984 1815212 561198 194475 2248148 6053017 1233984 1815212 561198 194475 2248148 6053017 27746669 414549 803963 594699 1059468 1612395 4485074 0 414549 803963 594699 1059468 1612395 4485074 0 133224 104055 78397 5226 320902 11147915 9117876 5279855 6303374 6756642 38605662 0.71870 0.77230 0.11620 0.08720 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0.14 1 1 false X X X false 21305321 160744 1711457 947000 22230522 19496105 268653 2475963 935400 21305321 21381901 460923 -1485919 860800 19496105 20207740 688842 1097319 612000 21381901 13069123 4399845 3313772 575000 20207740 0.17000 0.72000 0.11000 false false 3832539 3832539 27673136 15258204 12414932 1586667 1370924 215743 4185455 3164040 1021415 17484629 Financial derivatives and other financial products Closely-held equity interests Federal income taxes X 7960309 554136 535039 1089175 6871134 41139 41139 6912273 8413250 535039 535039 7878211 41139 41139 7919350 II 9 THE STATE OF MARYLAND RETAINS A HISTORIC EASEMENT ON THE SMALL BOAT SHED. THE SMALL BOAT SHED IS REPORTED ON THE STATEMENT OF FINANCIAL POSITION AT COST AND IS DEPRECIATED OVER ITS ESTIMATED USEFUL LIFE BY A LEVEL CHARGE STRAIGHT-LINE METHOD TO FIXED ASSET FUND EXPENDITURES. THE SMALL BOAT SHED IS FULLY DEPRECIATED. III 1A THE COLLECTION, WHICH HAS BEEN ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE MUSEUMS INCEPTION, IS NOT RECOGNIZED AS AN ASSET ON THE STATEMENTS OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS IF THE ASSETS USED TO PURCHASE THE ITEMS ARE ACQUIRED, OR AS NET ASSETS WITH DONOR RESTRICTIONS IF THE ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED ON THE FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS CHANGES IN THE APPROPRIATE NET ASSET CLASSES. V 4 THE ENDOWMENT IS INTENDED TO BE USED FOR THE OBJECTIVES AND PURPOSES OF THE MUSEUM. NAMED FUNDS ARE ESTABLISHED WITHIN THE ENDOWMENT TO FIT SPECIFIC PURPOSES SUCH AS WATERFOWL, MAINTENANCE, LIGHTHOUSE, EDUCATION ETC., WHICH MEET THESE PURPOSES AND OBJECTIVES. X 2 THE MUSEUM IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE 501C3. IN ADDITION, THE MUSEUM HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509A1. A PORTION OF THE INCOME FROM THE MUSEUM STORE, CERTAIN DOCKING FEES, AND PROPERTY RENTALS MAY BE SUBJECT TO FEDERAL AND STATE INCOME TAXES. FOR THE YEAR ENDED FEBRUARY 28, 2024, NO INCOME TAXES WERE DUE. THE MUSEUMS INFORMATIONAL RETURN IS SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND THE STATE OF MARYLAND, GENERALLY FOR THE THREE YEARS AFTER IT IS FILED. XI 2D NET OF RENTAL EXPENSES 535,039 XII 2D NET OF RENTAL EXPENSES 535,039 GALA 511896 365429 146467 11011 37732 50154 10686 36884 511896 365429 146467 11011 37732 50154 10686 36884 146467 X X X X X X false true false false false false false false false KRISTEN GREENAWAY PRESIDENT CEO 191976 42333 25485 93849 10623 364266 M BRANDEN MEREDITH CHIEF FINANCIAL OFFICER 181152 400 16717 32796 231065 Part I Line 3 THE EXECUTIVE COMMITEE IS TASKED WITH EVALUATING THE PERFORMANCE OF THE PRESIDENT CEO AND FOR ALL COMPENSATION ADJUSTMENTS FOR THE PRESIDENT CEO. THE COMMITTEE UTILIZES INPUTS FROM A QUALIFIED THIRD-PARTY COMENSATION CONSULTANT, 990S OF OTHER NONPROFIT ORGANIZATIONS, AND SALARY SURVEYS. THE ENTIRE BOARD OF GOVERNORS HAS FINAL APPROVAL OF RETENTION AND COMPENSATION OF THE PRESIDENT CEO. Part II Line 1C THE EXECUTIVE COMMITEE AND BOARD OF GOVERNORS APPROVED A DEFERRED COMPENSATION PLAN FOR THE BENEFIT OF A SELECT GROUP OF MANAGEMENT EMPLOYEES OF THE ORGANIZATION. THE PLAN IS INTENDED TO BE AN UNFUNDED PLAN MAINTAINED PRIMARILY TO PROVIDE DEFERRED COMPENSATION FOR A SELECT GROUP OF MANAGEMENT OR HIGHLY COMPENSATED EMPLOYEES WITHIN THE MEANING OF SECTION 2012 OF ERISA. THE PLAN IS INTENDED TO COMPLY WITH SECTION 409A OF THE INTERNAL REVENUE CODE. THE PLAN IS ALSO INTENDED TO CONSTITUTE AN INELIGIBLE DEFERRED COMPENSATION PLAN UNDER SECTION 457F OF THE CODE. THE PLAN WAS EFFECTIVE AS OF MARCH 1, 2018. THE PRESIDENT CEO WAS THE SOLE BOARD APPROVED PARTICIPANT IN THE PLAN IN 2024. THE CURRENT PLAN ACCRUES BENEFITS OF 80,000 PER YEAR, PLUS CREDITED EARNINGS, AND VESTS ON FEBRUARY 28, 2026. X 12 412343 FMV false false false Form 990, Part III, Line 1 FORM 990 - ORGANIZATIONS MISSION CONTINUED PREMIER MARITIME MUSEUM FOR STUDYING, EXHIBITING, PRESERVING, AND CELEBRATING THE IMPORTANT HISTORY AND CULTURE OF THE LARGEST ESTUARY IN THE UNITED STATES, THE CHESAPEAKE BAY. CHESAPEAKE BAY MARITIME MUSEUM IS ACKNOWLEDGED AS A LEADING CENTER FOR EDUCATION, EXHIBITION, AND PRESERVATION OF CHESAPEAKE BAY MARITIME CULTURES. CBMM INSPIRES CULTURAL STEWARDSHIP BY PRESERVING, DOCUMENTING, AND SHARING STORIES, ARTIFACTS, SKILLS, AND THE TRADITIONS OF THE GENERATIONS OF PEOPLE WHO HAVE LIVED AND WORKED IN THE CHESAPEAKE BAY REGION. CBMM EMPHASIZES HOW THE CONNECTIONS BETWEEN PEOPLE AND THE BAYS NATURAL ENVIRONMENT HAVE SHAPED UNIQUE, TRADITIONAL CULTURES. CBMM PROVIDES OPPORTUNITIES FOR VISITORS TO MAKE CONNECTIONS BETWEEN PAST HUMAN ACTIVITIES, PRESENT CONDITIONS, AND FUTURE POSSIBILITIES. Form 990, Part VI, Section A, Line 7A THE BOARD OF GOVERNORS, WHO ARE ALSO MEMBERS, IS THE ONLY GOVERNING BODY THAT HAS THE AUTHORITY TO ELECT NEW GOVERNORS. Form 990, Part VI, Section B, Line 11 THE FORM 990 IS INITIALLY REVIEWED BY THE ORGANIZATIONS CHIEF FINANCIAL OFFICER. AFTER THE INITIAL REVIEW THE FORM 990 IS REVIEWED AND APPROVED BY THE AUDIT COMMITTEE OF THE BOARD OF GOVERNORS, THEN BY THE ENTIRE BOARD OF GOVERNORS PRIOR TO SUBMISSION WITH THE IRS. Form 990, Part VI, Section B, Line 12C ALL BOARD MEMBERS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST FORM ANNUALLY AND DISCLOSE ANY RELATIONSHIPS WITH THE MUSEUM. NEW BOARD MEMBERS AND KEY EMPLOYEES ARE ALSO REQUIRED TO COMPLETE THIS FORM. Form 990, Part VI, Section B, Line 15A EACH FISCAL YEAR, PREFERABLY NOT CONTEMPORANEOUSLY WITH THE PERFORMANCE REVIEW, THE CHAIR, IN CONSULTATION WITH THE EXECUTIVE COMMITTEE, SHALL SET THE COMPENSATION OF THE PRESIDENT AND CEO FOR THE ENSUING 12 MONTHS. IN DOING SO, THE CHAIR SHALL TAKE INTO ACCOUNT PERFORMANCE, TENURE, CHANGES IN THE COST-OF-LIVING INDEX, COMPENSATION OF COMPARABLE NOT-FOR-PROFIT ORGANIZATIONS, THE FINANCIAL CONDITION OF CBMM AND OTHER FACTORS AS THE CHAIR AND THE EXECUTIVE COMMITTEE MAY DEEM APPROPRIATE. EXCEPT IN EXTRAORDINARY CIRCUMSTANCES AND THEN ONLY IF APPROVED BY THE BOARD OF GOVERNORS. Form 990, Part VI, Section B, Line 15A THE COMPENSATION OF THE PRESIDENT AND CEO SHALL NOT EXCEED THE RANGE OF COMPENSATION OF THE CEO OF COMPARABLE ORGANIZATIONS, AS SET FORTH IN THE MOST RECENT COMPENSATION REPORT OF CHARITY NAVIGATOR OR OTHER INDEPENDENT ENTITY THAT GATHERS AND REPORTS ON THE COMPENSATION OF CEOS OF NOT-FOR-PROFIT ORGANIZATIONS. Form 990, Part VI, Section C, Line 19 THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE ANNUAL REPORT IS ALSO AVAILABLE ON THE ORGANIZATIONS WEBSITE.