Mystic Seaport Museum INC

Mystic, Connecticut

B+Health Score
73B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 25 peers in Arts, Culture & Humanities with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org3.83×
Peer Median4.61×
💰
$19.4M
Total Revenue
📊
$25.9M
Total Expenses
🏦
$99.0M
Net Assets
📋
$10.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-46.8%
Year-over-year change (2022 → 2023)
Net Margin
-33.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.83
Net assets divided by total expenses
Liabilities-to-Assets
9.4%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$19,385,47747%$25,874,68714%$109,319,7542%
2022$36,462,33636%$22,706,95824%$107,691,88812%
2021$26,794,983116%$18,251,39512%$122,267,93210%
2020$12,420,78350%$16,306,78327%$111,398,06210%
2019$24,939,6785%$22,219,4642%$101,622,9388%
2018$23,642,07922%$21,689,8245%$93,821,8191%
2017$19,303,83216%$20,749,59445%$95,042,0122%
2016$16,620,0023%$14,332,99127%$92,882,4504%
2016$17,100,61231%$19,600,11912%$89,721,7143%
2015$24,650,97841%$22,320,9027%$92,244,7761%
2014$17,434,8173%$20,923,9248%$92,939,5131%
2013$17,006,02513%$19,395,0985%$91,643,3091%
2012$19,592,62513%$18,517,6541%$90,622,896
2011$22,424,056$18,408,798$90,264,615

Frequently Asked Questions

What does Mystic Seaport Museum INC do?

Mystic Seaport Museum INC is a arts, culture & humanities nonprofit organization based in Connecticut. It is classified under NTEE code A500 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Mystic Seaport Museum INC financially healthy?

Based on our 9-metric Financial Health Score model, Mystic Seaport Museum INC has a score of 73/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Mystic Seaport Museum INC generate?

Mystic Seaport Museum INC reports $25.3M in annual revenue and holds $114.4M in total assets, based on IRS filings.

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