Skip to main content

Nonprofit · EIN 06-0653120

MYSTIC SEAPORT MUSEUM INC

Tax-exempt · MYSTIC, CT 06355

Financials

$19.4M$25.9M2023$25.3M$24.7M2024
Revenue Expenses · by fiscal year end
Financials of MYSTIC SEAPORT MUSEUM INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$25,343,759$24,697,243$646,516$114,429,420$11,117,354$103,312,066
December 31, 2023990$19,385,477$25,874,687-$6,489,210$109,319,754$10,272,985$99,046,769
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$13,847,980
of which government grants
$348,605
Membership dues
$1,678,817
Program service revenue
$7,164,199
Investment income
$4,369,092
Royalties
$20,986
Net rental income
-$2,379
Net gain from sales of assets
$2,979,528
Net income from fundraising events
-$174,813
Net income from sales of inventory
-$97,437
Other revenue
-$37,512

Expenses

Grants and similar amounts paid
$372,899
Compensation of officers, directors and key employees
$617,125
Other salaries and wages
$10,500,905
Salaries, compensation and benefits (total)
$13,177,543
Professional fundraising fees
$0
Legal fees
$124,641
Accounting fees
$71,400
Occupancy
$1,054,312
Travel
$373,587
Depreciation
$1,950,080
Program services (functional)
$14,089,215
Management and general (functional)
$8,515,931
Fundraising (functional)
$2,092,097

Balance sheet and other

Total assets, start of year
$109,319,754
Total assets, end of year
$114,429,420
Total liabilities, end of year
$11,117,354
Net assets, end of year
$103,312,066
Land, buildings and equipment
$27,010,818
Publicly traded securities
$68,680,669
Net assets without donor restrictions
$21,833,066
Net assets with donor restrictions
$81,479,000
Gross unrelated business income
$210,115
Gross receipts
$55,030,387
Employees
382
Volunteers
405
Year formed
1929
State of legal domicile
CT

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
PETER ARMSTRONGPRESIDENT/CEO & TRUSTEE
Trustee or director, Officer
35$332,672$35,381
CHRISTINA BROPHYSR. VP OF CURATORIAL AFFAIRS
Highest-paid employee
35$213,599$40,632
CHRISTOPHER FREEMANVP ADVANCEMENT
Highest-paid employee
35$171,723$28,096
SHANNON MCKENZIEVP WATERCRAFT OPERATIONS AND PRESERVATION
Highest-paid employee
35$169,664$17,744
MARGARET MILNESVP VISITOR JOURNEY
Highest-paid employee
35$165,587$17,772
AKEIA ANGELIQUE DE BARROS GOMESVP AMERICAN INSTITUTE MARITIME STUDIES
Highest-paid employee
35$143,809$25,467
MAGGIE DOLANOUTGOING CFO 8/24
Officer
35$150,083$12,762
BECCA MCBEEASST. SECRETARY
Officer
35$79,596$2,400
JULIE STECKELCFO AS OF 12/24
Officer
35$4,231$0
GREGORY W BAUERTRUSTEE
Trustee or director
1$0$0
JAY S BENETTRUSTEE
Trustee or director
1$0$0
ALEXANDER D BULAZELTRUSTEE
Trustee or director
1$0$0
GRANT L CAMBRIDGEVICE CHAIRMAN
Trustee or director, Officer
1$0$0
RICHARD W CLARYVICE CHAIRMAN
Trustee or director, Officer
1$0$0
SHARON E COHENTRUSTEE
Trustee or director
1$0$0
29 more people on this return
NameTitleHours / weekCompensation
J BARCLAY COLLINS IITRUSTEE
Trustee or director
1$0
HUGH DAVISTRUSTEE
Trustee or director
1$0
MAARTEN C DE JONGTRUSTEE
Trustee or director
1$0
JOSEPH M DWYERTRUSTEE
Trustee or director
1$0
SKIP FINLEYOUTGOING TRUSTEE
Trustee or director
1$0
WILLIAM D FORSTERTRUSTEE
Trustee or director
1$0
CASEY FRYETRUSTEE
Trustee or director
1$0
PETER GLEYSTEENTRUSTEE
Trustee or director
1$0
MICHAEL S HUDNERCHAIRMAN
Trustee or director, Officer
1$0
CHESTER W KITCHINGS JRTRUSTEE
Trustee or director
1$0
J ROBERT MANN JRTRUSTEE
Trustee or director
1$0
ROBERT C MARTINTREASURER
Trustee or director, Officer
1$0
SHEILA MCCURDYSECRETARY
Trustee or director, Officer
1$0
ROBERT L W MCGRAWTRUSTEE
Trustee or director
1$0
CAROLYN MICHASTRUSTEE
Trustee or director
1$0
ROBERT C MUSETTITRUSTEE
Trustee or director
1$0
LAURIE J OLSONTRUSTEE
Trustee or director
1$0
TBLAKE POWELLTRUSTEE
Trustee or director
1$0
ROBERT B RODGERSTRUSTEE
Trustee or director
1$0
KENNETH S SIEGELTRUSTEE
Trustee or director
1$0
RICHARD SIEWERTTRUSTEE
Trustee or director
1$0
RAYMOND B STRONG IIITRUSTEE
Trustee or director
1$0
ALEXANDRA T THORNEOUTGOING TRUSTEE
Trustee or director
1$0
RICHARD R VIETORTRUSTEE
Trustee or director
1$0
ROBERT A VINCENTTRUSTEE
Trustee or director
1$0
SUSAN J WAYNETRUSTEE
Trustee or director
1$0
STANLEY T WELLSTRUSTEE
Trustee or director
1$0
MICHAEL M WISEMANTRUSTEE
Trustee or director
1$0
BARBARA VIETORTRUSTEE
Trustee or director
1$0
990 for the year ended December 31, 2023: 42 people
NameTitleHours / weekCompensationOther / benefits
PETER ARMSTRONGPRESIDENT/CEO & TRUSTEE
Trustee or director, Officer
35$301,685$39,756
CHRISTINA BROPHYSR. VP OF CURATORIAL AFFAIRS
Highest-paid employee
35$215,135$39,178
MAGGIE DOLANASST. TREASURER
Officer
35$194,070$22,254
CHRISTOPHER FREEMANVP IN ADVANCEMENT
Highest-paid employee
35$167,928$40,522
CHRISTOPHER GASIOREKSR. VP OF OPERATIONS AND WATERCRAFT
Highest-paid employee
35$181,925$5,535
SHANNON MCKENZIEVP OPERATIONS
Highest-paid employee
35$153,765$10,768
MARGARET MILNESVP CURATORIAL ADMIN
Highest-paid employee
35$135,347$26,180
BECCA MCBEEASST. SECRETARY
Officer
35$69,970$2,612
JAY S BENETTRUSTEE
Trustee or director
1$0$0
ALEXANDER D BULAZELTRUSTEE
Trustee or director
1$0$0
GRANT L CAMBRIDGEVICE CHAIRMAN
Trustee or director, Officer
1$0$0
RICHARD W CLARYVICE CHAIRMAN
Trustee or director, Officer
1$0$0
SHARON E COHENTREASURER
Trustee or director, Officer
1$0$0
J BARCLAY COLLINS IITRUSTEE
Trustee or director
1$0$0
HUGH DAVISTRUSTEE
Trustee or director
1$0$0
MAARTEN C DE JONGTRUSTEE
Trustee or director
1$0$0
JOSEPH M DWYERTRUSTEE
Trustee or director
1$0$0
SKIP FINLEYTRUSTEE
Trustee or director
1$0$0
WILLIAM D FORSTERTRUSTEE
Trustee or director
1$0$0
CASEY FRYETRUSTEE
Trustee or director
1$0$0
PETER GLEYSTEENTRUSTEE
Trustee or director
1$0$0
MICHAEL S HUDNERCHAIRMAN
Trustee or director, Officer
1$0$0
CHESTER W KITCHINGS JRTRUSTEE
Trustee or director
1$0$0
J ROBERT MANN JRTRUSTEE
Trustee or director
1$0$0
ROBERT C MARTINSECRETARY
Trustee or director, Officer
1$0$0
MICHAEL T MASINOUTGOING TRUSTEE
Trustee or director
1$0$0
SHEILA MCCURDYTRUSTEE
Trustee or director
1$0$0
ROBERT L W MCGRAWTRUSTEE
Trustee or director
1$0$0
CAROLYN MICHASTRUSTEE
Trustee or director
1$0$0
ROBERT C MUSETTITRUSTEE
Trustee or director
1$0$0
LAURIE J OLSONTRUSTEE
Trustee or director
1$0$0
ROBERT B RODGERSTRUSTEE
Trustee or director
1$0$0
DONNA F ROEHSLEROUTGOING TRUSTEE
Trustee or director
1$0$0
KENNETH S SIEGELTRUSTEE
Trustee or director
1$0$0
RICHARD SIEWERTTRUSTEE
Trustee or director
1$0$0
RAYMOND B STRONG IIITRUSTEE
Trustee or director
1$0$0
ALEXANDRA T THORNETRUSTEE
Trustee or director
1$0$0
RICHARD R VIETORTRUSTEE
Trustee or director
1$0$0
ROBERT A VINCENTTRUSTEE
Trustee or director
1$0$0
SUSAN J WAYNETRUSTEE
Trustee or director
1$0$0
STANLEY T WELLSTRUSTEE
Trustee or director
1$0$0
MICHAEL M WISEMANTRUSTEE
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
75 GREENMANVILLE AVE, MYSTIC, CT 06355-1946
Principal officer (990 for 2024)
CHRISTOPHER FREEMAN, 75 GREENMANVILLE AVENUE, MYSTIC, CT 06355
Signed the 990
JULIE STECKEL, CHIEF FINANCIAL OFFICER
Phone
(860) 572-0711
Return prepared by
COHNREZNICK ADVISORY LLC

Mission

MYSTIC SEAPORT MUSEUM STRIVES TO INSPIRE AN ENDURING CONNECTION TO THE AMERICAN MARITIME EXPERIENCE.

990 for the year ended December 31, 2024

Program accomplishments

  • VISITOR EXPERIENCE - MYSTIC SEAPORT MUSEUM WELCOMES 250,000 VISITORS ANNUALLY. DEPARTMENTS INCLUDING VISITOR SERVICES, EXHIBITIONS, INTERPRETATION, AND PUBLIC PROGRAMS WELCOME VISITORS; RESEARCH, DESIGN, PRODUCE, AND CARE FOR EXHIBITS; OFFER EDUCATIONAL AND ILLUSTRATIVE EXPERIENCES ABOUT AMERICA AND THE SEA; AND OFFER A VARIETY OF SEASONAL AND THEMED PROGRAMS, ACTIVITIES, AND SPECIAL EVENTS.
    Expenses $4,993,775 · revenue $7,055,001
  • EDUCATIONAL PROGRAMS - MYSTIC SEAPORT MUSEUM SERVES 25,000 STUDENTS AND TEACHERS ANNUALLY WITH A VARIETY OF EDUCATIONAL OPPORTUNITIES, INCLUDING SUMMER CAMPS; SAILING PROGRAMS; SCHOOL FIELD TRIPS; AND AFTERSCHOOL, IN-SCHOOL, HOMESCHOOL, VIRTUAL, AND OVERNIGHT PROGRAMS.
    Expenses $2,495,815 · grants $372,899 · revenue $50,648
  • COLLECTIONS & RESEARCH - MYSTIC SEAPORT MUSEUM'S COLLECTION CONTAINS MORE THAN 2 MILLION ITEMS SPANNING THE EIGHTEENTH THROUGH TWENTY-FIRST CENTURIES, INCLUDING WATERCRAFT, HISTORIC BUILDINGS, PHOTOGRAPHS AND FILM, ART, TOOLS, AND ARTIFACTS. THE WATERCRAFT COLLECTION IS THE LARGEST IN THE WORLD WITH MORE THAN 560 VESSELS, INCLUDING FOUR NATIONAL HISTORIC LANDMARKS. THE HENRY B. DUPONT PRESERVATION SHIPYARD CARES FOR THESE VESSELS, WHILE THE CURATORIAL DEPARTMENT ACQUIRES, RESEARCHES, DOCUMENTS, RESTORES, AND CONSERVES ITEMS FOR THE COLLECTION. THE MUSEUM'S COLLECTION ARE HOUSED IN A STATE OF THE ART FACILITY, THE COLLECTIONS RESEARCH CENTER, WHICH SERVES STUDENTS, MEMBERS, STAFF, AND OUTSIDE SCHOLARS.THE MUSEUM'S COLLECTION INCLUDES 560 WATERCRAFT (INCLUDING 5 MAJOR VESSELS), 24 HISTORIC HOUSES AND BUILDINGS, 2000 SHIP MODELS, 1100 SCRIMSHAW PIECES, 5000 VIDEO TAPES, 1,500,000 FEET OF HISTORIC FILM AND A COLLECTION OF MORE THAN 1,000,000 PHOTOGRAPHS, AS WELL AS SIGNIFICANT COLLECTIONS OF PRINTS, NAVIGATIONAL INSTRUMENTS, TOOLS, MARINE PAINTINGS AND OTHER MARITIME MEMORABILIA. IN ADDITION, THE COLLECTION CONTAINS LARGE QUANTITIES OF NONNAUTICAL FURNISHINGS FOR THE HISTORIC BUILDINGS, AS WELL AS SHIP AND BOAT PARTS, ENGINES, AND SIMILAR OBJECTS. THE MUSEUM'S LIBRARY COLLECTION CONTAINS APPROXIMATELY 75,000 BOOKS AND PERIODICALS, 1,000,000 MANUSCRIPTS, 10,000 MAPS, WELL OVER 100,000 SHIP PLANS, 2,000 ROLLS OF MICROFILM, AND 600 ORAL HISTORY TAPES.
    Expenses $6,599,625

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
06-0653120
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1938
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$114,429,420
Income (IRS master file)
$55,030,387

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$25,343,759$24,697,243$114,429,420XML
990-TDecember 2024–––IRS
990December 2023$19,385,477$25,874,687$109,319,754XML
990-TDecember 2023–––IRS
990December 2022$36,462,336$22,706,958$107,691,888IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 06-0653120).

Questions about MYSTIC SEAPORT MUSEUM INC

What is the EIN of MYSTIC SEAPORT MUSEUM INC?
The employer identification number (EIN) of MYSTIC SEAPORT MUSEUM INC is 06-0653120.
Is MYSTIC SEAPORT MUSEUM INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1938.
Are donations to MYSTIC SEAPORT MUSEUM INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MYSTIC SEAPORT MUSEUM INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MYSTIC SEAPORT MUSEUM INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MYSTIC SEAPORT MUSEUM INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MYSTIC SEAPORT MUSEUM INC?
The 990 for the year ended December 31, 2024 names CHRISTOPHER FREEMAN.
Who are the officers and directors of MYSTIC SEAPORT MUSEUM INC?
The 990 for the year ended December 31, 2024 lists 44 people; 9 received compensation from the organization, the highest $332,672 (PETER ARMSTRONG, PRESIDENT/CEO & TRUSTEE).
How much revenue does MYSTIC SEAPORT MUSEUM INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $25,343,759, expenses of $24,697,243 and total assets of $114,429,420 at year end.

Other nonprofits in MYSTIC

All nonprofits in MYSTIC · Connecticut · Arts, culture and humanities