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Filing year 2024

HERRESHOFF MARINE MUSEUM

Bristol, Rhode Island·EIN 23-7102744·NTEE A540 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$1.7M
Total assets
$4.7M
Total expenses
$1.9M
Reported officers
22
Mission

INTERPRETATION OF THE HISTORY AND ACCOMPLISHMENTS OF THE HERRESHOFF MANUFACTURING COMPANY AND AMERICA'S CUP.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Arts, Culture & Humanities organizations in Rhode Island.

President and Executive Di
75th to 90th percentile
$155k
$168k
Base
$145k
Bonus
Other
Benefits

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 21 unpaid individuals.

Browse compensation in Arts, Culture & Humanities

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at HERRESHOFF MARINE MUSEUM equaled 8% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2024)
8%
Sector median
11%
Middle half of sector
5% to 20%

Based on 17,098 arts, culture & humanities organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 13%
from 2023

From $179k in 2023 to $155k in 2024.

$179k
2023
$155k
2024
In today's dollarsEst.
Down 16% in real terms$200k to $168k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 13% from 2023 to 2024, while revenue rose 1%.

$179k in 2023 to $155k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about HERRESHOFF MARINE MUSEUM

What does the Chief Executive Officer of HERRESHOFF MARINE MUSEUM earn?

In 2024, the Chief Executive Officer of HERRESHOFF MARINE MUSEUM received $155,161 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Arts, Culture & Humanities organizations in Rhode Island, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at HERRESHOFF MARINE MUSEUM compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations in Rhode Island, the 2024 pay of the Chief Executive Officer at HERRESHOFF MARINE MUSEUM falls between the 75th and 90th percentiles. In 2024, the highest total compensation at HERRESHOFF MARINE MUSEUM equaled 8% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are HERRESHOFF MARINE MUSEUM's revenue and expenses?

In 2024, HERRESHOFF MARINE MUSEUM reported $1.7M in total revenue and $1.9M in total expenses on its IRS Form 990.

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