Arts, Culture & Humanities
(A500)
IRS Verified
DX Registered
990 on File
WISCONSIN MARITIME MUSEUM INC
Financial strength (30%)
66/100
Reliability (20%)
55/100
Effectiveness (25%)
67/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Founded in 1969, the Wisconsin Maritime Museum has grown into the largest maritime museum on the Great Lakes. The Wisconsin Maritime Museum engages and educates the public about the maritime history of Wisconsin and the Great Lakes, including Wisconsin’s World War II submarines and the USS Cobia, by collecting and preserving artifacts and archival materials, creating interactive exhibits, developing and implementing educational programs and promoting research.
Financial Overview — FY 2024
$1.5M
Total Revenue
$1.4M
Total Expenses
$4.9M
Net Assets
43
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
51.3%
Fundraising Efficiency
523.2%
Operating Reserve
41.08x
Liability-to-Asset
7.9%
Revenue Diversification
41.6%
Executive Compensation
$124K
Compared with Peers
FY 2024
Compared with 3,450 similar organizations
(United States, Arts, Culture & Humanities, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
51.3% | 77.9% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
40.3% | 14.4% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
8.4% | 5.4% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
523.2% | 240.4% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
41.1 mo | 16.5 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
7.9% | 10.6% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
41.6% | 74.5% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
14.2% | 7.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-3.3% | 8.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
4.4% | -0.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $1.5M | $1.4M | $4.9M | 51.3% | 43 |
| 2023 | $1.3M | $1.5M | $4.7M | 55.1% | 42 |
| 2022 | $1.3M | $1.4M | $4.7M | 46.8% | 44 |
| 2021 | $1.4M | $1.1M | N/A | — | 42 |
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