Maritime & Seafood Industry Museum

EIN: 640678510

UEI: JLKWEKJ5KM76

Data as of August 23, 2026

Maritime & Seafood Industry Museum1 audit years1 findings
1
Audit Years
1
Total Findings
0
Repeat Findings

FY 2023-09-30

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on May 9, 2024. Under 2 CFR 200.521(d), a pass-through entity that provided federal funds to this organization for this audit period must issue a management decision on these findings by November 9, 2024 (653 days ago).

What is a management decision? →
2023-001
Other

Proper separation of duties is not maintained over certain areas within the Museum. At times, a close relative of the Executive Director verifies cash received and prepares the deposit slip. The Executive Director then posts receipts to the general ledger and receives and reconciles the monthly bank statements. A close relative of the Executive Director also receives and verifies gift shop inventory that is ordered by the Executive Director. This does not mitigate the separation of duties issue. The small size of the Museum’s staff limits the extent of separation of duties. However, the Museum has taken certain steps, including increased board involvement and review, to separate incompatible duties

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Full finding narrative

Proper separation of duties is not maintained over certain areas within the Museum. At times, a close relative of the Executive Director verifies cash received and prepares the deposit slip. The Executive Director then posts receipts to the general ledger and receives and reconciles the monthly bank statements. A close relative of the Executive Director also receives and verifies gift shop inventory that is ordered by the Executive Director. This does not mitigate the separation of duties issue. The small size of the Museum’s staff limits the extent of separation of duties. However, the Museum has taken certain steps, including increased board involvement and review, to separate incompatible duties

Corrective Action Plan

The small size of the Museum’s staff limits the extent of separation of duties. However, the Museum has taken certain steps, including increased board involvement and review, to separate incompatible duties.

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Data source: This information comes from the Federal Audit Clearinghouse, the official repository of Single Audit data. All data is public domain. Verify this organization's audit history at fac.gov.

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