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Nonprofit · EIN 22-2570380

LAKE CHAMPLAIN MARITIME MUSEUM AT BASIN HARBOR INCORPORATED

Tax-exempt · VERGENNES, VT 05491

Financials

$1.6M$1.7M2022$1.7M$2M2023$2.4M$2M2024
Revenue Expenses · by fiscal year end
Financials of LAKE CHAMPLAIN MARITIME MUSEUM AT BASIN HARBOR INCORPORATED by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,432,765$2,001,341$431,424$5,940,124$310,862$5,629,262
December 31, 2023990$1,746,686$1,959,505-$212,819$5,213,745$276,926$4,936,819
December 31, 2022990 (amended)$1,625,926$1,706,869-$80,943$5,186,790$383,058$4,803,732
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,007,694
of which government grants
$720,016
Membership dues
$27,914
Program service revenue
$302,337
Investment income
$105,381
Net gain from sales of assets
$8,072
Net income from sales of inventory
$17,353
Other revenue
$17,353

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$110,106
Other salaries and wages
$830,463
Salaries, compensation and benefits (total)
$1,109,266
Professional fundraising fees
$0
Accounting fees
$76,653
Occupancy
$38,756
Travel
$60,247
Depreciation
$154,147
Program services (functional)
$1,131,496
Management and general (functional)
$708,116
Fundraising (functional)
$161,729

Balance sheet and other

Total assets, start of year
$5,213,745
Total assets, end of year
$5,940,124
Total liabilities, end of year
$310,862
Net assets, end of year
$5,629,262
Land, buildings and equipment
$1,095,671
Publicly traded securities
$3,379,465
Net assets without donor restrictions
$1,409,369
Net assets with donor restrictions
$4,219,893
Gross receipts
$2,556,962
Employees
46
Volunteers
35
Year formed
1984
State of legal domicile
VT

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
CHRISTOPHER SABICKEXECUTIVE DIRECTOR
Officer
40$110,000$106
SCOTT HARDYCHAIR
Trustee or director, Officer
2$0$0
ED MCGUIREVICE-CHAIR
Trustee or director, Officer
2$0$0
FRANK KOSTERTREASURER
Trustee or director, Officer
2$0$0
TIM HODSONSECRETARY
Trustee or director, Officer
2$0$0
ROBERT H BEACH JRDIRECTOR
Trustee or director
1$0$0
HARRY CHAUCERDIRECTOR / INSTRUCTOR
Trustee or director
1$0$0
WILLIAM FOXDIRECTOR
Trustee or director
1$0$0
AMY JOHNSTONDIRECTOR
Trustee or director
1$0$0
DYER JONESDIRECTOR
Trustee or director
1$0$0
HANNAH ST PIERREDIRECTOR
Trustee or director
1$0$0
WENDY LYNCHDIRECTOR
Trustee or director
1$0$0
ADAM POWERSDIRECTOR
Trustee or director
1$0$0
STACY RAPHAELDIRECTOR
Trustee or director
1$0$0
MIGUEL FERNANDEZDIRECTOR
Trustee or director
1$0$0
4 more people on this return
NameTitleHours / weekCompensation
CATHERINE PARKERDIRECTOR
Trustee or director
1$0
CHIEF DON STEVENSDIRECTOR
Trustee or director
1$0
CHARLES E BUSH JRDIRECTOR
Trustee or director
1$0
ALEXANDER CARYDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 19 people
NameTitleHours / weekCompensation
CHRISTOPHER SABICKEXECUTIVE DIRECTOR (START 05/23)
Officer
40$77,219
LAUREN ROSSINTERIM CO-EXEC. DIR. (05/23 -11/23)
Officer
40$72,332
SUSAN MCCLUREEXECUTIVE DIRECTOR (TERM 04/23)
Officer
40$33,939
SCOTT HARDYCHAIR
Trustee or director, Officer
2$0
ED MCGUIREVICE-CHAIR
Trustee or director, Officer
2$0
FRANK KOSTERTREASURER
Trustee or director, Officer
2$0
TIM HODSONSECRETARY
Trustee or director, Officer
2$0
ROBERT H BEACH JRDIRECTOR
Trustee or director
1$0
HARRY CHAUCERDIRECTOR / INSTRUCTOR
Trustee or director
1$0
WILLIAM FOXDIRECTOR
Trustee or director
1$0
AMY JOHNSTONDIRECTOR
Trustee or director
1$0
DYER JONESDIRECTOR
Trustee or director
1$0
HANNAH LANGSDALEDIRECTOR
Trustee or director
1$0
WENDY LYNCHDIRECTOR
Trustee or director
1$0
ADAM POWERSDIRECTOR
Trustee or director
1$0
STACY RAPHAELDIRECTOR
Trustee or director
1$0
MIGUEL FERNANDEZDIRECTOR
Trustee or director
1$0
CATHERINE PARKERDIRECTOR
Trustee or director
1$0
CHIEF DON STEVENSDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2022: 19 people
NameTitleHours / weekCompensation
SUSAN MCCLUREEXECUTIVE DIRECTOR
Officer
1$100,624
SCOTT HARDYCHAIR
Trustee or director, Officer
0$0
ED MCGUIREVICE-CHAIR
Trustee or director, Officer
0$0
FRANK KOSTERTREASURER
Trustee or director, Officer
0$0
TIM HODSONSECRETARY
Trustee or director, Officer
0$0
ROBERT H BEACH JRDIRECTOR
Trustee or director
0$0
HARRY CHAUCERDIRECTOR / INSTRUCTOR
Trustee or director
0$0
WILLIAM FOXDIRECTOR
Trustee or director
0$0
JEFFRY GLASSBERGDIRECTOR (TERM 2022)
Trustee or director
0$0
AMY JOHNSTONDIRECTOR
Trustee or director
0$0
DYER JONESDIRECTOR
Trustee or director
0$0
HANNAH LANGSDALEDIRECTOR
Trustee or director
0$0
WENDY LYNCHDIRECTOR
Trustee or director
0$0
ADAM POWERSDIRECTOR
Trustee or director
0$0
STACY RAPHAELDIRECTOR
Trustee or director
0$0
EDWARK SCHINIKDIRECTOR
Trustee or director
0$0
MIGUEL FERNANDEZDIRECTOR (START 2022)
Trustee or director
0$0
CATHERINE PARKERDIRECTOR (START 2022)
Trustee or director
0$0
CHIEF DON STEVENSDIRECTOR (START 2022)
Trustee or director
0$0

Address and contacts

Address (IRS master file)
4472 BASIN HARBOR RD, VERGENNES, VT 05491-9192
Principal officer (990 for 2024)
CHRISTOPHER SABICK, 4472 BASIN HARBOR ROAD, VERGENNES, VT 05491
Signed the 990
CHRISTOPHER SABICK, EXECUTIVE DIRECTOR
Phone
(802) 475-2022
Return prepared by
MCSOLEY MCCOY & CO

Mission

TO PRESERVE AND SHARE THE CULTURAL AND NATURAL HERITAGE OF THE LAKE CHAMPLAIN REGION BY CONNECTING ALL PEOPLE WITH THE LAKE, INSPIRING THEM TO LEARN FROM THE PAST, BUILD TOGETHER IN THE PRESENT, AND CREATE A SUSTAINABLE FUTURE.

990 for the year ended December 31, 2024

Program accomplishments

  • GENERAL OPERATION OF THE MUSEUM INCLUDING COURSES, GENERAL EDUCATION PROGRAMS, VIRTUAL EDUCATION PROGRAMS, DIGITAL EDUCATION THROUGH SOCIAL MEDIA AND THE MUSEUM'S WEBSITE, RESEARCH, AND CHILDREN'S PROGRAMMING. FOR THE 2024 SEASON, OVER 10,000 PEOPLE VISITED THE MUSEUM IN-PERSON AND FREE OF CHARGE WHILE THOUSANDS OF OTHERS EXPLORED LCMM'S DIGITAL PROGRAMMING.
    Expenses $289,314 · revenue $18,135
  • VARIOUS EDUCATIONAL PROGRAMS INCLUDING CHAMPLAIN DISCOVERY & LONGBOATS THAT TEACH BOAT BUILDING, NAVIGATION, HISTORY AND ECOLOGY TO HIGH SCHOOL STUDENTS. OTHER EDUCATIONAL PROGRAMS INCLUDE VARIOUS NAUTICAL-RELATED COURSES, SCHOOL OUTREACH PROGRAMS, AND SUMMER CAMPS.
    Expenses $545,219 · revenue $159,092
  • VARIOUS ARCHAEOLOGY PROJECTS, INCLUDING RESEARCHING, DOCUMENTING, PROTECTING, AND MAKING ACCESSIBLE LAKE CHAMPLAIN'S UNDERWATER CULTURAL RESOURCES. THIS WORK MAKES POSSIBLE THE CONSERVATION AND PRESENTATION OF OVER 300 SHIPWRECKS IN THE LAKE AND 10,000 OBJECTS AND ARCHIVES IN THE MUSEUM'S COLLECTION.
    Expenses $296,963 · revenue $142,463

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
22-2570380
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
1985
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,940,124
Income (IRS master file)
$2,556,962

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,432,765$2,001,341$5,940,124XML
990December 2023$1,746,686$1,959,505$5,213,745XML
990December 2022$1,625,926$1,706,869$5,186,790XML
990December 2021–––IRS
990December 2020–––IRS
990April 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 22-2570380).

Questions about LAKE CHAMPLAIN MARITIME MUSEUM AT BASIN HARBOR INCORPORATED

What is the EIN of LAKE CHAMPLAIN MARITIME MUSEUM AT BASIN HARBOR INCORPORATED?
The employer identification number (EIN) of LAKE CHAMPLAIN MARITIME MUSEUM AT BASIN HARBOR INCORPORATED is 22-2570380.
Is LAKE CHAMPLAIN MARITIME MUSEUM AT BASIN HARBOR INCORPORATED tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
Are donations to LAKE CHAMPLAIN MARITIME MUSEUM AT BASIN HARBOR INCORPORATED tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LAKE CHAMPLAIN MARITIME MUSEUM AT BASIN HARBOR INCORPORATED 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 CHAMPLAIN MARITIME MUSEUM AT BASIN HARBOR INCORPORATED 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 CHAMPLAIN MARITIME MUSEUM AT BASIN HARBOR INCORPORATED 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 LAKE CHAMPLAIN MARITIME MUSEUM AT BASIN HARBOR INCORPORATED?
The 990 for the year ended December 31, 2024 names CHRISTOPHER SABICK.
Who are the officers and directors of LAKE CHAMPLAIN MARITIME MUSEUM AT BASIN HARBOR INCORPORATED?
The 990 for the year ended December 31, 2024 lists 19 people; 1 received compensation from the organization, the highest $110,000 (CHRISTOPHER SABICK, EXECUTIVE DIRECTOR).
How much revenue does LAKE CHAMPLAIN MARITIME MUSEUM AT BASIN HARBOR INCORPORATED have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,432,765, expenses of $2,001,341 and total assets of $5,940,124 at year end.

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