2026-09-10T19:59:06-05:00 2025-12-31 200066099 FULLER LOWENBERG & CO CPAS PC 200 MOTOR PKWY D-24 HAUPPAUGE NY 11788 990 2025-01-01 237007442 LONG ISLAND MARITIME MUSEUM LONG 6318544974 88 WEST AVENUE WEST SAYVILLE NY 11796 CRAIG LOW EXECUTIVE DIRECTOR 6318544974 2026-09-10 1 LYNN GIUGLIANO CPA P00955404 6314997900 2025 CRAIG LOW 88 WEST AVENUE WEST SAYVILLE NY 11796 842638 0 X LIMARITIME.ORG X CHARTER 1966 NY THE STATED PURPOSE OF THE MUSEUM SHALL BE:A.TO PRESERVE LONG ISLAND'S MARITIME HISTORY AND HERITAGE FOR EDUCATIONAL PURPOSES.B.TO PURCHASE, COLLECT, RESTORE AND PRESERVE BOATS, VESSELS AND RELATED EQUIPMENT HAVING TO DO WITH THE PAST AND PRESENT MARITIME ACTIVITIES OF LONG ISLAND, INCLUDING BUT NOT LIMITED TO, SHIPBUILDING, WHALING, SHELLFISHING, COMMERCIAL AND SPORTFISHING, WILDFOWLING, PLEASURE AND COMPETITIVE BOATING, WATERCRAFT AND THE ETHNIC HERITAGE PERTAINING THERETO.C.TO RESTORE, PRESERVE, INTERPRET, DISPLAY AND EXHIBIT WATERCRAFT OF HISTORICAL INTEREST, MODELS OF SHIPS AND OF SMALL CRAFT, TOOLS, AND IMPLEMENTS OF THE MARINE CRAFTS AND TRADES, WILDFOWLING DECOYS, PAINTINGS, PRINTS, MAPS, CHARTS AND BOOKS; AND DISPLAYS FEATURING WILDLIFE. 11 11 14 236 0 0 270543 260910 90223 69486 53570 60996 136531 151454 550867 542846 0 0 0 0 304877 311578 0 0 81377 218056 193532 522933 505110 27934 37736 1098571 1174863 29177 24185 1069394 1150678 X THE STATED PURPOSE OF THE MUSEUM SHALL BE:A.TO PRESERVE LONG ISLAND'S MARITIME HISTORY AND HERITAGE FOR EDUCATIONAL PURPOSES.B.TO PURCHASE, COLLECT, RESTORE AND PRESERVE BOATS, VESSELS AND RELATED EQUIPMENT HAVING TO DO WITH THE PAST AND PRESENT MARITIME ACTIVITIES OF LONG ISLAND, INCLUDING BUT NOT LIMITED TO, SHIPBUILDING, WHALING, SHELLFISHING, COMMERCIAL AND SPORTFISHING, WILDFOWLING, PLEASURE AND COMPETITIVE BOATING, WATERCRAFT AND THE ETHNIC HERITAGE PERTAINING THERETO.C.TO RESTORE, PRESERVE, INTERPRET, DISPLAY AND EXHIBIT WATERCRAFT OF HISTORICAL INTEREST, MODELS OF SHIPS AND OF SMALL CRAFT, TOOLS, AND IMPLEMENTS OF THE MARINE CRAFTS AND TRADES, WILDFOWLING DECOYS, PAINTINGS, PRINTS, MAPS, CHARTS AND BOOKS; AND DISPLAYS FEATURING WILDLIFE. 0 0 361268 76609 PRESERVE AND CARE FOR THE MARINE HERITAGE MUSEUM AND ITS RELATED STRUCTURES. TO PROVIDE THE PUBLIC WITH EDUCATIONAL PROGRAMS AND PRESERVE THE HISTORICAL INTEREST. 361268 1 1 0 0 0 0 0 1 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 3 0 1 14 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 1 1 0 NY X MICHAEL EAGAN 6318544974 88 WEST AVENUE WEST SAYVILLE NY 11796 MIKE EAGAN CHAIRMAN 20.00 X X 0 0 0 ELIZABETH ARINK FIRST VICE CHAIRMAN 18.00 X X 0 0 0 BRANDT RISING SECOND VICE CHAIRMAN 2.00 X X 0 0 0 MARK DEANGELIS TRUSTEE 4.00 X 0 0 0 PHIL LINKER SECRETARY 4.00 X X 0 0 0 BRIAN MCCARTHY TRUSTEE 2.00 X 0 0 0 JOHN WAHLBERG TREASURER 2.00 X X 0 0 0 TERESA BLITMAN EXECUTIVE DIRECTOR 40.00 X 86751 0 0 GRAHAM SCAIFE TRUSTEE 6.00 X 0 0 0 LAURA SMITH TRUSTEE 15.00 X 0 0 0 HOWARD STUMME TRUSTEE 1.00 X 0 0 0 KRIS ALMSKOG TRUSTEE 1.00 X 0 0 0 86751 0 0 0 0 0 0 0 24171 61000 175739 260910 PROGRAMS 611710 44024 44024 TOURS AND ADMISSIONS 611710 14534 14534 PROGRAMS-CRUISES 561520 10928 10928 69486 38227 38227 48082 1495 46587 46587 46587 220575 197806 22769 22769 22769 196294 98550 97744 97744 9064 1941 7123 7123 542846 76609 0 205327 281210 224055 25468 31687 7839 6246 710 883 22529 17950 2040 2539 13156 13156 7915 7915 1769 1410 160 199 20739 5642 641 14456 8617 6866 780 971 10323 8225 935 1163 287 287 13875 11055 1257 1563 23895 12354 1404 10137 UTILITIES 44431 35400 4024 5007 PROGRAM EXPENSES 18240 18240 MAINTENANCE 8146 8146 WASTE AND SANITATION 7389 7389 14750 5679 3975 5096 505110 361268 62465 81377 102630 53998 11407 4343 3956 1880 1606 669109 216549 213999 452560 769339 644956 6380 6380 1098571 1174863 24388 16376 2373 6138 2416 1671 29177 24185 X 974186 1130911 95208 19767 1069394 1150678 1098571 1174863 37736 43548 0 X 1 X 0 0 0 X 194200 124470 160101 287070 280298 1046139 93777 209012 261145 164002 154965 882901 287977 333482 421246 451072 435263 1929040 0 0 0 1929040 58814 67762 70716 68156 84814 350262 58814 67762 70716 68156 84814 350262 346791 401244 491962 519228 520077 2279302 0.84630 0.84350 0.15370 0.15650 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 1 103414 102587 827 458037 76025 382012 107658 37937 69721 452560 SALES AND PAYROLL TAX PAYABLE 271 SECURITY DEPOSIT PAYABLE 1400 1671 X PART X, LINE 2: THE ORGANIZATION HAS ADOPTED FASB ASC 740-10 "INCOME TAXES" REGARDING ACCOUNTING FOR UNCERTAIN INCOME TAX POSITIONS. MANAGEMENT IS NOT AWARE OF ANY TAX POSITIONS THAT ARE MORE LIKELY THAN NOT TO CHANGE IN THE NEXT TWELVE MONTHS, OR THAT WOULD NOT SUSTAIN AN EXAMINATION BY APPLICABLE TAXING AUTHORITIES. FORM 990, SCHEDULE D, 1A THE ORGANIZATION FOLLOWS FASB ASC 958-60-25-3 AND DOES NOT CAPITALIZE ITS COLLECTIONS ACQUIRED EITHER THROUGH PURCHASE OR DONATION. THE COLLECTIONS ARE MADE UP OF ARTIFACTS OF HISTORICAL SIGNIFICANCE AND ART OBJECTS THAT ARE HELD FOR EDUCATIONAL, RESEARCH, AND CURATORIAL PURPOSES. THE COLLECTIONS ARE ON DISPLAY AT THE VARIOUS STRUCTURES. THESE ITEMS ARE CATALOGED, PRESERVED, AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. THE COLLECTIONS ARE SUBJECT TO A POLICY THAT REQUIRES PROCEEDS FROM THEIR SALES TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS. PURCHASES OF COLLECTION ITEMS REDUCE NET ASSETS IN THE PERIOD WHEN PURCHASED. COLLECTIONS OF ITEMS ACQUIRED BY GIFT OR PURCHASE WITH THE ORGANIZATION'S OWN REVENUE REMAIN THE PROPERTY OF THE ORGANIZATION. THE MUSEUM OPERATES ON LAND OWNED BY SUFFOLK COUNTY AND IS LICENSED TO THEM. HOWEVER, SUFFOLK COUNTY MAKES THE LAND AND BUILDINGS AVAILABLE TO THE MUSEUM AT NO CHARGE. THE VALUE OF THIS ARRANGEMENT IS NOT READILY DETERMINABLE AND NO SUCH TRANSACTION IS REFLECTED ON THE BOOKS OF THE ORGANIZATION. IN ADDITION, SINCE THE LAND IS TITLED TO SUFFOLK COUNTY, THE ORIGINAL COST OF SUCH LAND AND BUILDINGS IS NOT RECORDED ON THE ORGANIZATION'S BOOKS AS WELL. DUE TO THE NATURE OF THIS ORGANIZATION AND ITS RELATIONSHIP WITH THE COUNTY, SUFFOLK COUNTY TYPICALLY DOES NOT RECOGNIZE THE CAPITALIZATION OF CERTAIN LEASEHOLD AND BUILDING IMPROVEMENTS AS WELL AS CERTAIN PROPERTY AND EQUIPMENT PURCHASED DURING THE COURSE OF THE YEAR. THE ORGANIZATION HAS THE RIGHT TO USE AND MAINTAIN CERTAIN PROPERTY AND EQUIPMENT, BUT MUST RETURN THE EQUIPMENT TO THE COUNTY. HOWEVER, FOR THOSE BUILDING IMPROVEMENTS AND STRUCTURAL ADDITIONS IN WHICH THE ORGANIZATION DISPENSES SIGNIFICANT EXPENDITURES AND IS THE RECIPIENT OF A DIRECT FUTURE ECONOMIC BENEFIT FROM THESE IMPROVEMENTS, MANAGEMENT HAS TAKEN THE POSITION TO CAPITALIZE THESE ITEMS. WHEN LEASEHOLD/BUILDING IMPROVEMENTS EXCEED THE ORGANIZATION'S CAPITALIZATION POLICY OF $1,000, THESE EXPENDITURES ARE AMORTIZED OVER THE SHORTER OF THEIR USEFUL LIFE OR REMAINING TERM OF THE LICENSE WITH SUFFOLK COUNTY. FESTIVAL -SEAFOOD 168428 168428 90072 BOAT BURNING FESTIVAL 14669 14669 7924 13197 13197 554 196294 196294 98550 98550 97744 X 1 72747 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PRESENTED TO THE BOARD FOR REVIEW. ANY COMMENTS OR QUESTIONS ARE PRESENTED TO THE PREPARER. UPON APPROVAL THE RETURN IS FINALIZED FOR SUBMISSION. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS DECIDED BY A COMMITTEE OF THE BOARD THAT REVIEWS THE COMPENSATION LEVEL OF COMPARABLE POSITIONS IN THE NOT FOR PROFIT SECTOR. FORM 990, PART VI, SECTION C, LINE 18 UPON REQUEST FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST