Civic Intelligence

Herreshoff Marine Museum

990 • Fiscal year 2018 • EIN 23-7102744

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 13, 2019

One Burnside StreetBristol, RI 02809

(401) 253-5000

Siviq Scores

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

Liabilities / Assets

78th percentile

0.42x

Higher debt load relative to assets than 78% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

88th percentile

1.27x

Higher debt load relative to revenue than 88% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

56th percentile

5.0%

Higher net margin than 56% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

83rd percentile

$145,898

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 9.5% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

66th percentile

6.6%

Faster asset growth than 66% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

42nd percentile

1.0%

Faster revenue growth than 42% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$4,649,011

Up $286,013 (+6.6%) from 2017

Net Assets

Up

$2,686,389

Up $21,452 (+0.8%) from 2017

Liabilities

Up

$1,962,622

Up $264,561 (+16%) from 2017

Revenue

Up

$1,540,543

Up $15,259 (+1.0%) from 2017

Expenses

Up

$1,463,352

Up $135,580 (+10%) from 2017

Net Income

Down

$77,191

Down $120,321 (-61%) from 2017

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $5,361,031Liabilities 2010: $1,660,945Net Assets 2010: $3,700,0862010Assets 2011: $5,103,456Liabilities 2011: $1,721,038Net Assets 2011: $3,382,4182011Assets 2012: $4,583,257Liabilities 2012: $1,637,272Net Assets 2012: $2,945,9852012Assets 2013: $4,504,571Liabilities 2013: $1,616,677Net Assets 2013: $2,887,8942013Assets 2014: $4,485,699Liabilities 2014: $1,571,035Net Assets 2014: $2,914,6642014Assets 2015: $4,920,612Liabilities 2015: $1,844,627Net Assets 2015: $3,075,9852015Assets 2016: $4,199,699Liabilities 2016: $1,766,277Net Assets 2016: $2,433,4222016Assets 2017: $4,362,998Liabilities 2017: $1,698,061Net Assets 2017: $2,664,9372017Assets 2018: $4,649,011Liabilities 2018: $1,962,622Net Assets 2018: $2,686,3892018Assets 2019: $5,181,114Liabilities 2019: $2,060,294Net Assets 2019: $3,120,8202019Assets 2020: $5,115,770Liabilities 2020: $1,772,358Net Assets 2020: $3,343,4122020Assets 2021: $4,895,533Liabilities 2021: $1,562,002Net Assets 2021: $3,333,5312021Assets 2022: $4,774,200Liabilities 2022: $1,430,934Net Assets 2022: $3,343,2662022Assets 2023: $4,923,954Liabilities 2023: $1,460,524Net Assets 2023: $3,463,4302023Assets 2024: $4,670,762Liabilities 2024: $1,417,783Net Assets 2024: $3,252,9792024

Highlighted filing

2018

Assets$4,649,011
Liabilities$1,962,622
Net Assets$2,686,389

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $1,324,9142010Expenses 2011: $1,080,7762011Expenses 2012: $1,119,6382012Revenue 2013: $982,484Expenses 2013: $1,079,575Net Income 2013: -$97,0912013Revenue 2014: $1,124,642Expenses 2014: $1,133,878Net Income 2014: -$9,2362014Revenue 2015: $1,317,395Expenses 2015: $1,202,913Net Income 2015: $114,4822015Revenue 2016: $1,143,759Expenses 2016: $1,319,990Net Income 2016: -$176,2312016Revenue 2017: $1,525,284Expenses 2017: $1,327,772Net Income 2017: $197,5122017Revenue 2018: $1,540,543Expenses 2018: $1,463,352Net Income 2018: $77,1912018Revenue 2019: $1,942,424Expenses 2019: $1,508,620Net Income 2019: $433,8042019Revenue 2020: $1,863,206Expenses 2020: $1,430,800Net Income 2020: $432,4062020Revenue 2021: $1,431,291Expenses 2021: $1,486,219Net Income 2021: -$54,9282021Revenue 2022: $1,623,876Expenses 2022: $1,565,625Net Income 2022: $58,2512022Revenue 2023: $1,640,313Expenses 2023: $1,553,916Net Income 2023: $86,3972023Revenue 2024: $1,663,744Expenses 2024: $1,906,863Net Income 2024: -$243,1192024

Highlighted filing

2018

Revenue$1,540,543
Expenses$1,463,352
Net Income$77,191
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 13, 2019
Return Version
2018v3.1
Gross Receipts
$1,913,583
Mission and Program Overview

Mission

Interpretation of the history and accomplishments of the herreshoff manufacturing company and america's cup.

Interpret the history & accomplishments of the herreshoff manufacturing co. & america's cup.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,585,705$3,734,842▲ $149,137
Savings and Temporary Cash Investments$240,745$258,239▲ $17,494
Investments Other Securities$251,305$229,202▼ $22,103
Accounts Receivable$28,881$182,387▲ $153,506
Cash and Non-Interest-Bearing Accounts$82,726$72,722▼ $10,004
Inventories for Sale or Use$19,649$38,588▲ $18,939
Pledges and Grants Receivable$43,445$26,702▼ $16,743
Intangible Assets$22,915$19,710▼ $3,205
Prepaid Expenses and Deferred Charges$13,614$12,756▼ $858
Total Assets$4,362,998$4,649,011▲ $286,013
Other Assets Total$74,013$73,863▼ $150
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,407,099$1,618,352▲ $211,253
Accounts Payable and Accrued Expenses$189,209$261,119▲ $71,910
Deferred Revenue$101,753$83,151▼ $18,602
Total Liabilities$1,698,061$1,962,622▲ $264,561
Net Assets / Fund Balance
Unrestricted Net Assets$2,052,542$2,090,771▲ $38,229
Temporarily Rstr Net Assets$394,626$377,849▼ $16,777
Permanently Rstr Net Assets$217,769$217,769→ $0
Total Net Assets Fund Balance$2,664,937$2,686,389▲ $21,452
Total Liabilities and Net Assets / Fund Balance$4,362,998$4,649,011▲ $286,013

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,930,331$2,318,997$4,249,328
Other Land Buildings$1,161,199$1,248,212$2,409,411
Equipment$111,927$518,447$630,374
Land$531,385-$531,385

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$251,305-▼ $9,635$10,201$229,202
2017$226,994-▲ $35,892$9,475$251,305
2016$221,018$250▲ $16,875$9,122$226,994
2015$234,015$1,150▼ $5,386$8,761$221,018
2014$186,947$50,100▲ $7,711$10,743$234,015
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
William H LynnPresident and Executive DiFT$145,898$145,898
Revenue and Support

Revenue Composition

Contributions and Grants
$893,383
Program Service Revenue
$529,383
Investment Income
$13,490
Other Revenue
$104,287
All Other Contributions
$765,846
Change in Net Assets
$77,191

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Boats and Planes1$150,000Est. Fair Market Value (FMV)
Other Non Cash Contri Table55$23,566Est. Fair Market Value (FMV)
Total Noncash Contributions56$173,566-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,540,543
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$352,909
Total Revenue per Audited Statements
$1,893,452
Total Revenue per Form 990
$1,540,543
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$793,236
Salaries, Compensation, and Employee Benefits$670,116
Total Fundraising Expense$108,692
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$316,977$120,042$9,611$446,630
Depreciation Depletion$162,855$8,898-$171,753
Current Officers, Directors, Trustees, and Key Employees$26,585$92,727$26,586$145,898
Fees for Services Other$28,939$3,570$46,228$78,737
Occupancy$44,142$32,033$25$76,200
Interest$67,362$3,246-$70,608
Payroll Taxes$41,336$18,026$3,190$62,552
Office Expenses$29,981$18,551$9,565$58,097
Insurance$46,428$6,130$425$52,983
Fees for Services Accounting-$18,900-$18,900
Other Expenses$16,938$7,451$5,039$16,938
Information Technology$6,572$7,439$1,390$15,401
Other Employee Benefits$185$14,851-$15,036
Advertising$13,604$200$130$13,934
Travel$1,629$394$6,646$8,669
Fees for Service Investment Mgmnt Fees-$2,267-$2,267
Total Functional Expenses$999,459$355,201$108,692$1,463,352

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,871,999
Expenses per Audited Statements$1,463,352
Total Expenses per Form 990$1,463,352
Expenses Not Reported on Form 990$408,647
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$144,348
Fundraising Direct Expenses$115,604
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
AMERICA'S CUP INDUCTION$93,081$90,704$34,942$55,762
Frostbite Bash$110,335$35,755$14,088$21,667
Total Events$221,305$144,348$115,604$28,744
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
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Halsey herreshoff (board of directors) and halsey herreshoff ii (board of directors) are related.

Form 990, Part VI, Section A, Line 6

See supplementary information for 990, part vi, section a, line 7a & 7b

Form 990, Part VI, Section A, Line 7A

Herreshoff marine museum has members with voting rights. There is an annual meeting each year of the membership for the election of directors to succeed those whose whose terms have expired and for the transactions of such other business as may properly come before the meeting. Each individual, family or group membership shall be deemed to be one member and shall be entitled to one vote, which may be given in person or by proxy. The chairperson or president will report on the activities of the organization during the preceeding year. The treasurer will report on the fiscal condition of the organization during the preceeding year.

Form 990, Part VI, Section A, Line 7B

Herreshoff marine museum has members with voting rights. There is an annual meeting each year of the members for the election of directors to succeed those whose terms have expired and for the transactions of such other business as may properly come before the meeting. Each individual, family or group membership shall be deemed to be one member and shall collectively be entitled to one vote, which may be given in person or by proxy. The chairperson or president will report on the activities of the organization during the preceeding year. The treasurer will report on the fiscal condition of the organization during the preceeding year.

Form 990, Part VI, Section B, Line 11B

The federal form 990 is prepared by the organization's auditor and reviewed by the executive director and director of finance and operations. The draft is submitted to the finance committee for review and a final version is provided to all members of the board of directors prior to the filing date.

Form 990, Part VI, Section B, Line 12C

The directors provide self-declaration of possible conflicts of interest as part of the annual responsibilities. The conflict of interest forms are reviewed by the chairperson of the board with the vice chairperson of the board in case of the chairperson's own filing.

Form 990, Part VI, Section B, Line 15

Salaries of key managers are informally reviewed and approved by the board of directors through the review and approval of the operating budget annually.

Form 990, Part VI, Section C, Line 19

Copies of the governing documents and the audited financial statements are available from the director of finance and operations upon written request.

Filing and Contact Details

Filer

Filer Name
Herreshoff Marine Museum
EIN
23-7102744
Phone
4012535000
Address
ONE BURNSIDE STREET, BRISTOL, RI 02809

Signing Officer

Name
William Lynn
Title
Executive Director
Phone
4012535000
Signed
2019-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Lynn
Formed
1971
Legal Domicile
Ri
Voting Board Members
25
Independent Board Members
24
Employees
44
Volunteers
75

Preparer

Firm
Mullen Scorpio & Cerilli
Address
67 CEDAR STREET, PROVIDENCE, RI 02903
Preparer
Patricia M Cerilli
Phone
4017513860
Supplemental Narrative

Financial Statement Notes

PART III, LINE 1A:

The collection consists of items of historical significance that are held by the organization to be preserved and protected. These items of the collection which include yachts, books, photographs, architectural designs, artwork and marine related memorabilia are made available to the general public for viewing and study. The collection, which was acquired through purchases and contributions since the organization's inception, is not recognized as assets on the statement of financial position. The value of items of collection received is not reported as contributions or accessions in the statement of activities. The organization's policy is to provide resources to ensure the collection is protected and preserved in accordance with the policies of the american association of museums.

PART III, LINE 4:

The herreshoff marine museum and america's cup hall of fame are dedicated to the education and inspiration of the general public through the presentation of the history and innovative work of the herreshoff manufacturing company (hmc) and the america's cup competition. The "collection" is comprised of 60 boats, over 2,000 historic artifacts from the hmc, the herreshoff family, and the america's cup competition and over 3,000 photographs and film negatives related to the same (collectively "collection"). The collection also includes a model room and ship models, a library with nearly 5,000 monographs and videos and the archival records of the hmc and the america's cup events.

PART V, LINE 4:

The organization's endowment fund is generally donor restricted to support the preservation of the collection and provide operational support in accordance with the donor stipulations.

PART X, LINE 2:

The museum evaluates its uncertain tax positions using the guidance for contingencies as contained in us gaap. The museum was not aware of any uncertain tax positions that were not provided for in the financial statements. The museum annually files irs form 990. These tax returns are subject to review by the taxing authorities and the museum's tax returns for 2013, 2014 and 2015 are subject to examination by the irs and state authorities. The museum currently has no tax examinations in progress.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Rental expense 231,376. Special events 115,604. Museum store 26,060.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Rental expense 231,376. Special events 115,604. Museum store 26,060.

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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/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt230
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt240
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt250
IRS990/Form990PartVIISectionAGrp/PersonNm0ROBERT AYERLE
IRS990/Form990PartVIISectionAGrp/PersonNm1ALFRED G FRED BISSET
IRS990/Form990PartVIISectionAGrp/PersonNm2NEVIN CARR
IRS990/Form990PartVIISectionAGrp/PersonNm3THOMAS CULORA
IRS990/Form990PartVIISectionAGrp/PersonNm4MAIA FARISH
IRS990/Form990PartVIISectionAGrp/PersonNm5DAVID FORD
IRS990/Form990PartVIISectionAGrp/PersonNm6STEPHEN R FRARY
IRS990/Form990PartVIISectionAGrp/PersonNm7HALSEY C HERRESHOFF
IRS990/Form990PartVIISectionAGrp/PersonNm8HALSEY C HERRESHOFF II
IRS990/Form990PartVIISectionAGrp/PersonNm9GEOFFREY HOPPER
IRS990/Form990PartVIISectionAGrp/PersonNm10GEORGE M DOOIE ISDALE
IRS990/Form990PartVIISectionAGrp/PersonNm11LAWRENCE D LAVERS
IRS990/Form990PartVIISectionAGrp/PersonNm12MARSHALL LAWSON
IRS990/Form990PartVIISectionAGrp/PersonNm13ARTHUR SANDY LEE
IRS990/Form990PartVIISectionAGrp/PersonNm14GEORGE B LUCAS
IRS990/Form990PartVIISectionAGrp/PersonNm15WILLIAM H LYNN
IRS990/Form990PartVIISectionAGrp/PersonNm16MARIA MILOT
IRS990/Form990PartVIISectionAGrp/PersonNm17JOOP NAGTEGAAL
IRS990/Form990PartVIISectionAGrp/PersonNm18JOHN PICOTTE
IRS990/Form990PartVIISectionAGrp/PersonNm19GERALD RAINER
IRS990/Form990PartVIISectionAGrp/PersonNm20ANDREW T TYSKA
IRS990/Form990PartVIISectionAGrp/PersonNm21CHRISTOPHER M WICK
IRS990/Form990PartVIISectionAGrp/PersonNm22ROBERT D YARO
IRS990/Form990PartVIISectionAGrp/PersonNm23PAUL BURMEISTER
IRS990/Form990PartVIISectionAGrp/PersonNm24DAVID PICCERELLI
IRS990/Form990PartVIISectionAGrp/PersonNm25ELISABETH LAVERS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
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/ReportableCompFromOrgAmt15145898
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
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/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11TREASURER & DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15PRESIDENT AND EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01971
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt076957
IRS990/FundraisingDirectExpensesAmt0115604
IRS990/FundraisingGrossIncomeAmt0144348
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt025
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01913583
IRS990/GrossRentsGrp/RealAmt0270834
IRS990/GrossSalesOfInventoryAmt062145
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt024
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt01390
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt07439
IRS990/InformationTechnologyGrp/ProgramServicesAmt06572
IRS990/InformationTechnologyGrp/TotalAmt015401
IRS990/InsuranceGrp/FundraisingAmt0425
IRS990/InsuranceGrp/ManagementAndGeneralAmt06130
IRS990/InsuranceGrp/ProgramServicesAmt046428
IRS990/InsuranceGrp/TotalAmt052983
IRS990/IntangibleAssetsGrp/BOYAmt022915
IRS990/IntangibleAssetsGrp/EOYAmt019710
IRS990/InterestGrp/ManagementAndGeneralAmt03246
IRS990/InterestGrp/ProgramServicesAmt067362
IRS990/InterestGrp/TotalAmt070608
IRS990/InventoriesForSaleOrUseGrp/BOYAmt019649
IRS990/InventoriesForSaleOrUseGrp/EOYAmt038588
IRS990/InvestmentIncomeGrp/ExclusionAmt013490
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt013490
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0251305
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0229202
IRS990/IRPDocumentCnt023
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04085656
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03585705
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03734842
IRS990/LandBldgEquipCostOrOtherBssAmt07820498
IRS990/LegalDomicileStateCd0RI
IRS990/LessRentalExpensesGrp/RealAmt0231376
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt050580
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0INTERPRETATION OF THE HISTORY AND ACCOMPLISHMENTS OF THE HERRESHOFF MANUFACTURING COMPANY AND AMERICA'S CUP.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01407099
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01618352
IRS990/NetAssetsOrFundBalancesBOYAmt02664937
IRS990/NetAssetsOrFundBalancesEOYAmt02686389
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt028744
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt028744
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt036085
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt036085
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt036333
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt039458
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt03125
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-21426
IRS990/NoncashContributionsAmt0184312
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt025
IRS990/OccupancyGrp/ManagementAndGeneralAmt032033
IRS990/OccupancyGrp/ProgramServicesAmt044142
IRS990/OccupancyGrp/TotalAmt076200
IRS990/OfficeExpensesGrp/FundraisingAmt09565
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt018551
IRS990/OfficeExpensesGrp/ProgramServicesAmt029981
IRS990/OfficeExpensesGrp/TotalAmt058097
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt074013
IRS990/OtherAssetsTotalGrp/EOYAmt073863
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt014851
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0185
IRS990/OtherEmployeeBenefitsGrp/TotalAmt015036
IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENSE
IRS990/OtherExpensesGrp/Desc1EVENT EXPENSE
IRS990/OtherExpensesGrp/Desc2OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc3EXHIBIT EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt0-143
IRS990/OtherExpensesGrp/FundraisingAmt15039
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0476
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt17451
IRS990/OtherExpensesGrp/ProgramServicesAmt0156077
IRS990/OtherExpensesGrp/ProgramServicesAmt131398
IRS990/OtherExpensesGrp/ProgramServicesAmt28451
IRS990/OtherExpensesGrp/ProgramServicesAmt316938
IRS990/OtherExpensesGrp/TotalAmt0156077
IRS990/OtherExpensesGrp/TotalAmt131731
IRS990/OtherExpensesGrp/TotalAmt220941
IRS990/OtherExpensesGrp/TotalAmt316938
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt09611
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0120042
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0316977
IRS990/OtherSalariesAndWagesGrp/TotalAmt0446630
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt03190
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt018026
IRS990/PayrollTaxesGrp/ProgramServicesAmt041336
IRS990/PayrollTaxesGrp/TotalAmt062552

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.67$1.42$3.25$1.66$1.91$0.24
2023Detailed filing. Detailed filing data is available for this year.$4.92$1.46$3.46$1.64$1.55$0.09
2022Detailed filing. Detailed filing data is available for this year.$4.77$1.43$3.34$1.62$1.57$0.06
2021Detailed filing. Detailed filing data is available for this year.$4.90$1.56$3.33$1.43$1.49$0.05
2020Detailed filing. Detailed filing data is available for this year.$5.12$1.77$3.34$1.86$1.43$0.43
2019Detailed filing. Detailed filing data is available for this year.$5.18$2.06$3.12$1.94$1.51$0.43
2018Detailed filing. Detailed filing data is available for this year.$4.65$1.96$2.69$1.54$1.46$0.08
2017Detailed filing. Detailed filing data is available for this year.$4.36$1.70$2.66$1.53$1.33$0.20
2016Detailed filing. Detailed filing data is available for this year.$4.20$1.77$2.43$1.14$1.32$0.18
2015Detailed filing. Detailed filing data is available for this year.$4.92$1.84$3.08$1.32$1.20$0.11
2014Detailed filing. Detailed filing data is available for this year.$4.49$1.57$2.91$1.12$1.13$0.01
2013Detailed filing. Detailed filing data is available for this year.$4.50$1.62$2.89$0.98$1.08$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.58$1.64$2.95$1.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.10$1.72$3.38$1.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.36$1.66$3.70$1.32