Hull Lifesaving Museum Inc
Nonprofit profile at a glance
- EIN
- 042738797
- IRS 990 coverage
- 2010–2023
- Forms available
- Form 990 2023
- Location
- Hull, MA, USA
- Phone
- 7819255433
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Museum, Museum Activities
Reported finances
- Revenue
- $450,152
- Expenses
- $422,127
- Assets
- $1,141,290
- Liabilities
- $119,701
Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- ROBERT MACINTYRE (PRESIDENT)
- NOWELL BLOOMENTHAL (VICE PRESIDENT)
People named in this filing
- ROBERT MACINTYRE (PRESIDENT)
- CHAD WOLFE (TREASURER)
- DOLLY SNOW BICKNELL (CLERK)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The driving principles of the 19th century coastal lifesavers - skills, courage, and caring - are foundations of the hull lifesaving museum's commitment to impact individual lives for the better. We foster a community dedicated to the preservation of boston harbor's rich maritime heritage and lifesaving traditions through exhibits, collections, open-rowing programs and stewardship of our historic sites.
What it reported doing in 2023
The museum memorializes and celebrates the lifesaving crews of hull, bringing to life their deeds of selflessness and seamanship that during the final decades of the age of the sail, saved over 1,000 shipwrecked mariners on the shores of hull and cohasset. The museum is open year-round, presenting a permanent exhibit including the original 1889 lifesaving boat "nantasket", three visiting exhibits each year, monthly lecture series, an annual art show and a summer children's program. Dramatically located at the mouth of boston harbor facing boston light, the station is the site of the greatest number of rescues from shipwreck in the country and hosts 12,000 visitors per year.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 67
- Transparency & Controls: 86
- Accountability: 94
- Sustainability: 56
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 71.5%; rating input score 71
- Program expense ratio: 74.4%; rating input score 74
- Fundraising efficiency: $5.04 raised per $1 spent on fundraising; rating input score 22; 22nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 22nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 7 controls in place; rating input score 86
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 6.2%; rating input score 54; 54th percentile among comparable filings
- Total-asset coverage ratio: 2.7; rating input score 66; 66th percentile among comparable filings
- Liabilities to assets ratio: 0.1; rating input score 27; 27th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: -9.6% per year; rating input score 0; 12th percentile among comparable filings
- Revenue growth: -6.9% per year; rating input score 0; 9th percentile among comparable filings
- Asset growth: 15.9% per year; rating input score 100; 78th percentile among comparable filings
Details
- Where the money goes: 71.5% of revenue deployed · 74.4% of spending went to programs
- Governance: 9 of 9 board members independent · 6 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $314K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 26 of 27 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes major donors
- Filing history: 14 filing years from 2010 to 2023
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 22/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Review — Sustainability: Operating margin scored 54/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 27/100.