Civic Intelligence

Lowells Maritime Foundation DBA Lowells Boat Shop

990 • Fiscal year 2018 • EIN 06-1793898

Jan 01, 2018 to Dec 31, 2018 • Filed on May 12, 2019

Organization Profilewww.lowellsboatshop.com
459 Main StAmesbury, MA 01913

(978) 834-0050

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

54th percentile

0.05x

Higher debt load relative to assets than 54% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

62nd percentile

0.07x

Higher debt load relative to revenue than 62% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

80th percentile

23%

Higher net margin than 80% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

72nd percentile

$60,714

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 17.1% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

70th percentile

11%

Faster asset growth than 70% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

55th percentile

6.6%

Faster revenue growth than 55% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets54th percentile

Assets

Up

$553,197

Up $55,614 (+11%) from 2017

Net Assets

Up

$526,757

Up $80,567 (+18%) from 2017

Liabilities

Down

$26,440

Down $24,953 (-49%) from 2017

Revenue And Expenses
Liabilities / Revenue62nd percentileNet Margin80th percentile

Revenue

Up

$354,455

Up $21,908 (+6.6%) from 2017

Expenses

Up

$273,314

Up $42,029 (+18%) from 2017

Net Income

Down

$81,141

Down $20,121 (-20%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth70th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2011: $200,061Liabilities 2011: $10,004Net Assets 2011: $190,0572011Assets 2012: $252,929Liabilities 2012: $15,794Net Assets 2012: $237,1352012Assets 2013: $202,168Liabilities 2013: $9,484Net Assets 2013: $192,6842013Assets 2014: $314,928Liabilities 2014: $18,237Net Assets 2014: $296,6912014Assets 2015: $352,244Liabilities 2015: $16,556Net Assets 2015: $335,6882015Assets 2016: $388,422Liabilities 2016: $43,345Net Assets 2016: $345,0772016Assets 2017: $497,583Liabilities 2017: $51,393Net Assets 2017: $446,1902017Assets 2018: $553,197Liabilities 2018: $26,440Net Assets 2018: $526,7572018Assets 2019: $656,980Liabilities 2019: $28,696Net Assets 2019: $628,2842019Assets 2020: $830,671Liabilities 2020: $44,424Net Assets 2020: $786,2472020Assets 2021: $903,068Liabilities 2021: $36,933Net Assets 2021: $866,1352021Assets 2022: $863,202Liabilities 2022: $32,173Net Assets 2022: $831,0292022Assets 2023: $881,845Liabilities 2023: $26,581Net Assets 2023: $855,2642023Assets 2024: $906,991Liabilities 2024: $39,005Net Assets 2024: $867,9862024

Highlighted filing

2018

Assets$553,197
Liabilities$26,440
Net Assets$526,757
Open 2018 Filing

Operations Trend

Revenue Growth55th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $38,886Expenses 2011: $37,078Net Income 2011: $1,8082011Revenue 2012: $193,922Expenses 2012: $146,844Net Income 2012: $47,0782012Revenue 2013: $164,265Expenses 2013: $208,716Net Income 2013: -$44,4512013Revenue 2014: $305,706Expenses 2014: $201,699Net Income 2014: $104,0072014Revenue 2015: $284,219Expenses 2015: $243,892Net Income 2015: $40,3272015Revenue 2016: $250,196Expenses 2016: $240,899Net Income 2016: $9,2972016Revenue 2017: $332,547Expenses 2017: $231,285Net Income 2017: $101,2622017Revenue 2018: $354,455Expenses 2018: $273,314Net Income 2018: $81,1412018Revenue 2019: $434,990Expenses 2019: $342,361Net Income 2019: $92,6292019Revenue 2020: $493,152Expenses 2020: $344,112Net Income 2020: $149,0402020Revenue 2021: $436,677Expenses 2021: $374,552Net Income 2021: $62,1252021Revenue 2022: $403,104Expenses 2022: $386,081Net Income 2022: $17,0232022Revenue 2023: $425,168Expenses 2023: $426,475Net Income 2023: -$1,3072023Revenue 2024: $460,259Expenses 2024: $449,925Net Income 2024: $10,3342024

Highlighted filing

2018

Revenue$354,455
Expenses$273,314
Net Income$81,141
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 12, 2019
Return Version
2018v3.1
Gross Receipts
$444,805
Mission and Program Overview

Mission

To preserve and perpetuate the art and craft of wooden boat building and promote the history of Lowells Boat Shop and its environs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$303,633$367,261▲ $63,628
Land, Buildings, and Equipment, Net$184,537$178,597▼ $5,940
Investments in Publicly Traded Securities$6,713$6,139▼ $574
Inventories for Sale or Use$2,700$1,200▼ $1,500
Total Assets$497,583$553,197▲ $55,614
Liabilities
Accounts Payable and Accrued Expenses$22,519$18,185▼ $4,334
Deferred Revenue$28,874$8,255▼ $20,619
Total Liabilities$51,393$26,440▼ $24,953
Net Assets / Fund Balance
Unrestricted Net Assets$446,190$526,757▲ $80,567
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$446,190$526,757▲ $80,567
Total Liabilities and Net Assets / Fund Balance$497,583$553,197▲ $55,614

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$58,697$63,345$122,042
Land$107,618-$107,618
Equipment$12,282$6,298$18,580

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$41,140$11,307▲ $521-$52,968
2017$28,301$14,955▲ $384$2,500$41,140
2016$20,077$7,642▲ $582-$28,301
2015-$21,056▼ $979-$20,077
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Graham McKayExecutive DirectorFT$60,714$60,714
Rosamond SmithDirectorPT$22,795$22,795

Board Members and Trustees

NameTitle
Robert BartonChairman
Ward CaswellVice Chair
Alan CormierDirector
Allan JarvisDirector
Frank MorseDirector
George OdellDirector
Kirk PortmanDirector
Mike WanyoDirector
Nick OremDirector
Pamela BatesDirector
Peter EricksonDirector
Will JohnsonDirector
Bob AdamsSecretary
Dean JewettTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$186,697
Program Service Revenue
$99,192
Investment Income
$987
Other Revenue
$67,579
All Other Contributions
$160,937
Change in Net Assets
$81,141
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$182,149
Other Expenses$91,165
Total Fundraising Expense$22,246
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$20,643$43,255$19,611$83,509
Other Salaries and Wages$73,445$8,820$0$82,265
Fees for Services Other$23,714$0$0$23,714
Insurance$17,236$1,806$450$19,492
Payroll Taxes$9,294$5,144$1,937$16,375
Depreciation Depletion$9,984$0$0$9,984
Travel$8,818$0$0$8,818
Fees for Services Accounting$0$5,413$0$5,413
Office Expenses$0$3,935$0$3,935
Occupancy$2,372$1,301$153$3,826
Advertising$3,145$0$0$3,145
Other Expenses$1,871$0$0$1,871
All Other Expenses$147$580$0$727
Total Functional Expenses$180,005$71,063$22,246$273,314
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$60,456
Fundraising Direct Expenses$19,209
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
HOH Group Tour$51,444$51,444$14,741$36,703
Total Events$51,444$51,444$14,741$36,703
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Lowell's Maritime Foundation Inc
EIN
06-1793898
Phone
9788340050
Address
459 Main St, Amesbury, MA 01913

Signing Officer

Name
Graham McKay
Title
Executive Director
Phone
9788340050
Signed
2019-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Graham McKay
Formed
2006
Legal Domicile
Ma
Voting Board Members
15
Independent Board Members
14
Employees
13
Volunteers
100

Preparer

Firm
Fritz Deguglielmo LLC
Address
8 ESSEX STREET, NEWBURYPORT, MA 01950
Preparer
Daniel E Schaffner CPA
Phone
9784622161
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“The Form 990 is reviewed by the vice-chairman of the board,who presents it to the board. The board of directors reviews and approves the Form 990 before it is submitted.”

Pt VI, Line 19

“The Organization makes its governing documents available to the public upon request.”

Pt VI, Line 2

“Dean Jewett, board member, and Graham McKay, Executive Director, are brothers in law.”

Pt VI, Line 6

“The Organization has members, other than board members, that vote to appoint board members.”

Pt VI, Line 7A

“The Organization has members, other than board members, that vote to appoint board members.”

Form 990, Part IX, Line 24E

“Miscellaneous 443. 147. 296. 0.”

Form 990, Part IX, Line 24E

“Computer expense 284. 0. 284. 0.”

Financial Statement Notes

Pt X, Line 2

“The Organization has adopted the application of the provisions of FASB ASC 740-10 (formerly FASB Interpretation No. 48, "Accounting For Uncertainty in Income Taxes"). The primary tax positions made by the Organization are the existence/non-existence of Unrelated Business Income Tax and the Organization's status as an exempt organization under Section 501(c)(3) of the Internal Revenue Code. The Organization currently evaluates all tax positions, and makes determinations regarding the likelihood of those positions being upheld under review. For the year presented, and as a result of adoption, the Organization has not recognized any tax benefits or loss contingencies for uncertain tax positions based on its evaluations. The Organization's Forms 990, Return of Organization Exempt from Income Tax, for the years ending December 31, 2018, 2017, 2016 and 2015 are subject to examination by the IRS, generally for 3 years after they are filed.”

Pt V, Line 4

“The board designated endowment is intended to enable the Organization to more completely fulfill its mission, and, therefore, distributions from the endowment shall be limited to (i) capital needs of Lowells Maritime Foundation, (ii) program support, (iii) seed money for new projects and programs, and special one-time projects, and (iv) such other purposes as are specifically designated by donors whose gifts are included in the endowment.”

Raw XML AppendixShowing 400 of 588 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt022519
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt018185
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0To preserve and perpetuate the art and craft of wooden boat building and promote the history of Lowells Boat Shop and its environs.
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt00
IRS990/AdvertisingGrp/ProgramServicesAmt03145
IRS990/AdvertisingGrp/TotalAmt03145
IRS990/AllOtherContributionsAmt0160937
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0580
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0147
IRS990/AllOtherExpensesGrp/TotalAmt0727
IRS990/AuditCommitteeInd0false
IRS990/BooksInCareOfDetail/PersonNm0Graham McKay
IRS990/BooksInCareOfDetail/PhoneNum09788340050
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0459 Main Street
IRS990/BooksInCareOfDetail/USAddress/CityNm0Amesbury
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd001913
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0303633
IRS990/CashNonInterestBearingGrp/EOYAmt0367261
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt019611
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt043255
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt020643
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt083509
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt059727
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0186697
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0987
IRS990/CYOtherExpensesAmt091165
IRS990/CYOtherRevenueAmt067579
IRS990/CYProgramServiceRevenueAmt099192
IRS990/CYRevenuesLessExpensesAmt081141
IRS990/CYSalariesCompEmpBnftPaidAmt0182149
IRS990/CYTotalExpensesAmt0273314
IRS990/CYTotalFundraisingExpenseAmt022246
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0354455
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt028874
IRS990/DeferredRevenueGrp/EOYAmt08255
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt09984
IRS990/DepreciationDepletionGrp/TotalAmt09984
IRS990/Desc0Preservation of the craftmanship of building wooden dories in the tradition of the Lowell's Boat Shop by sustaining production and educating the public and teaching artisanry of wooden boat building.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt013
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0180005
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt05413
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt05413
IRS990/FeesForServicesOtherGrp/FundraisingAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt023714
IRS990/FeesForServicesOtherGrp/TotalAmt023714
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt620.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1540.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/PersonNm0Robert Barton
IRS990/Form990PartVIISectionAGrp/PersonNm1Ward Caswell
IRS990/Form990PartVIISectionAGrp/PersonNm2Dean Jewett
IRS990/Form990PartVIISectionAGrp/PersonNm3Bob Adams
IRS990/Form990PartVIISectionAGrp/PersonNm4George Odell
IRS990/Form990PartVIISectionAGrp/PersonNm5Pamela Bates
IRS990/Form990PartVIISectionAGrp/PersonNm6Rosamond Smith
IRS990/Form990PartVIISectionAGrp/PersonNm7Peter Erickson
IRS990/Form990PartVIISectionAGrp/PersonNm8Will Johnson
IRS990/Form990PartVIISectionAGrp/PersonNm9Frank Morse
IRS990/Form990PartVIISectionAGrp/PersonNm10Nick Orem
IRS990/Form990PartVIISectionAGrp/PersonNm11Alan Cormier
IRS990/Form990PartVIISectionAGrp/PersonNm12Allan Jarvis
IRS990/Form990PartVIISectionAGrp/PersonNm13Mike Wanyo
IRS990/Form990PartVIISectionAGrp/PersonNm14Kirk Portman
IRS990/Form990PartVIISectionAGrp/PersonNm15Graham McKay
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt622795
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1560714
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Executive Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02006
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt019209
IRS990/FundraisingGrossIncomeAmt060456
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt011414
IRS990/GrossReceiptsAmt0444805
IRS990/GrossSalesOfInventoryAmt086059
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt014
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt0450
IRS990/InsuranceGrp/ManagementAndGeneralAmt01806
IRS990/InsuranceGrp/ProgramServicesAmt017236
IRS990/InsuranceGrp/TotalAmt019492
IRS990/InventoriesForSaleOrUseGrp/BOYAmt02700
IRS990/InventoriesForSaleOrUseGrp/EOYAmt01200
IRS990/InvestmentIncomeGrp/ExclusionAmt0987
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0987
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt06713
IRS990/InvestmentsPubTradedSecGrp/EOYAmt06139
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt069643
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0184537
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0178597
IRS990/LandBldgEquipCostOrOtherBssAmt0248240
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt011414
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt025760
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To preserve and perpetuate the art and craft of wooden boat building and promote the history of Lowells Boat Shop and its environs.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0446190
IRS990/NetAssetsOrFundBalancesEOYAmt0526757
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt00
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt041247
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt041247
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt026332
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt026332
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-574
IRS990/NoncashContributionsAmt011414
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt0153
IRS990/OccupancyGrp/ManagementAndGeneralAmt01301
IRS990/OccupancyGrp/ProgramServicesAmt02372
IRS990/OccupancyGrp/TotalAmt03826
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03935
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt03935
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0Program expenses
IRS990/OtherExpensesGrp/Desc1Repairs and maintenance
IRS990/OtherExpensesGrp/Desc2Bank and credit card fees
IRS990/OtherExpensesGrp/Desc3Telephone
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt195
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1809
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt05087
IRS990/OtherExpensesGrp/ProgramServicesAmt11890
IRS990/OtherExpensesGrp/ProgramServicesAmt22359
IRS990/OtherExpensesGrp/ProgramServicesAmt31871
IRS990/OtherExpensesGrp/TotalAmt05087
IRS990/OtherExpensesGrp/TotalAmt12794
IRS990/OtherExpensesGrp/TotalAmt22359
IRS990/OtherExpensesGrp/TotalAmt31871
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt08820
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt073445
IRS990/OtherSalariesAndWagesGrp/TotalAmt082265
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01937
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05144
IRS990/PayrollTaxesGrp/ProgramServicesAmt09294
IRS990/PayrollTaxesGrp/TotalAmt016375
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Graham McKay
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611699
IRS990/ProgramServiceRevenueGrp/BusinessCd1238990
IRS990/ProgramServiceRevenueGrp/BusinessCd2999999
IRS990/ProgramServiceRevenueGrp/Desc0Boat building education
IRS990/ProgramServiceRevenueGrp/Desc1Boat repair/refinish
IRS990/ProgramServiceRevenueGrp/Desc2Other
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt046593
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt122082
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt230517
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0211815
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0495
IRS990/PYOtherExpensesAmt089056
IRS990/PYOtherRevenueAmt070762
IRS990/PYProgramServiceRevenueAmt049475
IRS990/PYRevenuesLessExpensesAmt0101262
IRS990/PYSalariesCompEmpBnftPaidAmt0142229
IRS990/PYTotalExpensesAmt0231285
IRS990/PYTotalRevenueAmt0332547
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt081141
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt099192
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt010397
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt026268
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt020092
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt014198
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt06150
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt077105
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part III, Line 12 Description: Net income from special events 2014: 23886. 2015: 33293. 2016: 30441. 2017: 31140. 2018: 41247.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt III Ln 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0186697
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0211815
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0112951
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0121733
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0183895
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0817091
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0987
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0495
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0490
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0661
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02633
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0185251
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0125533
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0168711
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0167313
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0128829
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0775637
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0987
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0495
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0490
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0661
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02633
IRS990ScheduleA/InvestmentIncomeCYPct00.00150
IRS990ScheduleA/InvestmentIncomePYPct00.00110
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt041247
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt031140
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt030441
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt033293
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt023886
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0160007
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$553,197
Liabilities
$26,440
Net assets
$526,757
Revenue
$354,455
Expenses
$273,314
Net income
$81,141
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.07$0.39$8.68$4.60$4.50$0.10
2023Detailed filing. Detailed filing data is available for this year.$8.82$0.27$8.55$4.25$4.26$0.01
2022Detailed filing. Detailed filing data is available for this year.$8.63$0.32$8.31$4.03$3.86$0.17
2021Detailed filing. Detailed filing data is available for this year.$9.03$0.37$8.66$4.37$3.75$0.62
2020Detailed filing. Detailed filing data is available for this year.$8.31$0.44$7.86$4.93$3.44$1.49
2019Detailed filing. Detailed filing data is available for this year.$6.57$0.29$6.28$4.35$3.42$0.93
2018Detailed filing. Detailed filing data is available for this year.$5.53$0.26$5.27$3.54$2.73$0.81
2017Detailed filing. Detailed filing data is available for this year.$4.98$0.51$4.46$3.33$2.31$1.01
2016Detailed filing. Detailed filing data is available for this year.$3.88$0.43$3.45$2.50$2.41$0.09
2015Detailed filing. Detailed filing data is available for this year.$3.52$0.17$3.36$2.84$2.44$0.40
2014Detailed filing. Detailed filing data is available for this year.$3.15$0.18$2.97$3.06$2.02$1.04
2013Detailed filing. Detailed filing data is available for this year.$2.02$0.09$1.93$1.64$2.09$0.44
2012Summary only. Only limited summary data is available for this year.$2.53$0.16$2.37$1.94$1.47$0.47
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.00$0.10$1.90$0.39$0.37$0.02