Nonprofit · EIN 72-1200018
LAKE PONTCHARTRAIN BASIN MARITIME MUSEUM INC
Tax-exempt · MADISONVILLE, LA 70447
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $596,550 | $697,414 | -$100,864 | $1,559,315 | $467,472 | $1,091,843 |
| December 31, 2023 | 990 | $630,884 | $824,855 | -$193,971 | $1,468,016 | $275,309 | $1,192,707 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $181,270
- of which government grants
- $138,750
- Membership dues
- $9,820
- Program service revenue
- $294,845
- Investment income
- $0
- Net rental income
- $29,824
- Net income from fundraising events
- $57,996
- Net income from sales of inventory
- $31,946
- Other revenue
- $120,435
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $46,210
- Other salaries and wages
- $91,356
- Salaries, compensation and benefits (total)
- $148,290
- Professional fundraising fees
- $0
- Occupancy
- $3,017
- Travel
- $3,074
- Depreciation
- $79,485
- Program services (functional)
- $510,019
- Management and general (functional)
- $178,205
- Fundraising (functional)
- $9,190
Balance sheet and other
- Total assets, start of year
- $1,468,016
- Total assets, end of year
- $1,559,315
- Total liabilities, end of year
- $467,472
- Net assets, end of year
- $1,091,843
- Land, buildings and equipment
- $1,251,863
- Net assets without donor restrictions
- $1,002,007
- Net assets with donor restrictions
- $89,836
- Gross receipts
- $717,439
- Employees
- 6
- Volunteers
- 175
- Year formed
- 1991
- State of legal domicile
- LA
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jim MacPherson | Executive Director Highest-paid employee | 45 | $46,210 |
| John Bell | Board Member Trustee or director | 1 | $0 |
| Gwen Bulotte | Board Member Trustee or director | 0.25 | $0 |
| Michaelyn Broussard | Exec Comm Trustee or director | 1 | $0 |
| Warren Davie | Board Member Trustee or director | 0.25 | $0 |
| Elaine Gardner | Board Member Trustee or director | 0.1 | $0 |
| Samantha Goodwin | Board Member Trustee or director | 0.1 | $0 |
| Lynne Haase | Board Member Trustee or director | 0.1 | $0 |
| Lora Haddox | Board Member Trustee or director | 0.25 | $0 |
| Barney Knoess | Exec Comm Trustee or director | 1 | $0 |
| Don Lynch | Curator Trustee or director | 0.25 | $0 |
| Todd Loup | Board Member Trustee or director | 0.25 | $0 |
| Joel Whitehead | Board Member Trustee or director | 0.1 | $0 |
| Louise Lovich | Board Member Trustee or director | 0.5 | $0 |
| John Gniady | Past President Trustee or director | 0.5 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Hooper Harris | Board Member Trustee or director | 0.25 | $0 |
| Daniel Munn | Board Member Trustee or director | 0.25 | $0 |
| Danny Schaus | Exec Comm Trustee or director | 1 | $0 |
| Michael Gagliardi | Treasurer Officer | 1 | $0 |
| Tom Meehan | Secretary Officer | 1 | $0 |
| Alexis Hocevar | President Officer | 5 | $0 |
| Steven Marcus | Vice President Officer | 5 | $0 |
990 for the year ended December 31, 2023: 23 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jim MacPherson | Executive Director Highest-paid employee | 45 | $53,161 |
| Todd Loup | Board Member Trustee or director | 0.25 | $0 |
| Joel Whitehead | Board Member Trustee or director | 0.1 | $0 |
| Barney Knoess | Exec Comm Trustee or director | 1 | $0 |
| Don Lynch | Curator Trustee or director | 0.25 | $0 |
| Louise Lovich | Board Member Trustee or director | 0.5 | $0 |
| Daniel Munn | Board Member Trustee or director | 0.25 | $0 |
| Danny Schaus | Exec Comm Trustee or director | 1 | $0 |
| John Gniady | Past President Trustee or director | 0.5 | $0 |
| Hooper Harris | Board Member Trustee or director | 0.25 | $0 |
| Warren Davie | Board Member Trustee or director | 0.25 | $0 |
| Fred Edler | Board Member Trustee or director | 0.25 | $0 |
| Michaelyn Broussard | Exec Comm Trustee or director | 1 | $0 |
| John Bell | Exec Comm Trustee or director | 1 | $0 |
| Gwen Bulotte | Board Member Trustee or director | 0.25 | $0 |
| Lynne Haase | Board Member Trustee or director | 0.1 | $0 |
| Samantha Goodwin | Board Member Trustee or director | 0.1 | $0 |
| Lora Haddox | Board Member Trustee or director | 0.25 | $0 |
| Elaine Gardner | Board Member Trustee or director | 0.1 | $0 |
| Steven Marcus | Vice President Officer | 5 | $0 |
| Michael Gagliardi | Treasurer Officer | 1 | $0 |
| Alexis Hocevar | President Officer | 5 | $0 |
| Tom Meehan | Secretary Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 133 MABEL DR, MADISONVILLE, LA 70447-9301
- In care of
- % JIM MACPHERSON
- Signed the 990
- JIM MACPHERSON, Executive Director
- Website
- lpbmm.org
- Return prepared by
- Griffin and Furman LLC
Mission
The organizations mission is to preserve the marine, naval, and maritime history of the Lake Pontchartrain Basin, including its cultural heritage. We do so by collecting , preserving, analyzing, interpreting, and exhibiting these cultural resources.
Program accomplishments
- Museum and Exhibits: To provide and maintain a maritime facility that serves children, families, and visitors as a repository to preserve the marine, naval and maritime history and cultural heritage of the lake pontchartrain basin, lower Mississippi River, and the gulf coast by collecting, exhibiting and intepreting records,documents, manuscripts, maps, photographs and other significant material that will illustrate and explain this history and the various industries associated with it.Expenses $262,027 · revenue $18,549
- Wooden Boat Festival: This event is held each year to pay tribute to the hand crafted wooden boats of the Gulf Coast Region. Hundreds of boats line the banks of the Tchefuncte River while thousands of wooden boat enthusiasts celebrate the wonders of wood and water.Expenses $150,690 · revenue $271,721
- Maritime Research and Educational Programs: In association with Southeastern Louisiana University, Tulane University, The St. Tammany Parish School System, and others with an interest in history, maritime related sciences and education, the museum actively pursues the research mission that initially inspired the museums founders. This includes historical research, the collection of maritime related oral histories, the development of small underwater robots (to investigate local waters)to inspire local students to pursue this fascinating scientific field. This is a collaborative program for college students related to museum management and exhibit construction. The organization also participates in outreach programs to make the extremely interesting, but little known, history of the area more readily accesible to all.Expenses $54,091
- Remainder Program Services - 2Expenses $43,211
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 72-1200018
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1992
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A500)
- Assets (IRS master file)
- $1,559,315
- Income (IRS master file)
- $717,439
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $596,550 | $697,414 | $1,559,315 | XML |
| 990 | December 2023 | $630,884 | $824,855 | $1,468,016 | XML |
| 990 | December 2022 | $544,883 | $561,494 | $1,691,745 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 72-1200018).
Questions about LAKE PONTCHARTRAIN BASIN MARITIME MUSEUM INC
- What is the EIN of LAKE PONTCHARTRAIN BASIN MARITIME MUSEUM INC?
- The employer identification number (EIN) of LAKE PONTCHARTRAIN BASIN MARITIME MUSEUM INC is 72-1200018.
- Is LAKE PONTCHARTRAIN BASIN MARITIME MUSEUM INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to LAKE PONTCHARTRAIN BASIN MARITIME MUSEUM INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LAKE PONTCHARTRAIN BASIN MARITIME 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 LAKE PONTCHARTRAIN BASIN MARITIME 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 LAKE PONTCHARTRAIN BASIN MARITIME 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 are the officers and directors of LAKE PONTCHARTRAIN BASIN MARITIME MUSEUM INC?
- The 990 for the year ended December 31, 2024 lists 22 people; 1 received compensation from the organization, the highest $46,210 (Jim MacPherson, Executive Director).
- How much revenue does LAKE PONTCHARTRAIN BASIN MARITIME MUSEUM INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $596,550, expenses of $697,414 and total assets of $1,559,315 at year end.
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