Institute of Nautical Archaeology

“Part vi, line 7a: the directors elect officers who are part of the governing body.”

“The executive committee reviews the 990 before it is signed by the president and filed.”

“The board of directors and officers sign a conflict of interest statement on an annual basis. The board secretary distributes and collects the forms. He monitors return of the forms to ensure each qualified individual has returned the document.”

“Board reviews and approves budget annually which includes compensation of employees and contractors.”

“Form 990 is available at guidestar's website upon request.”

“Lodging and storage: program service expenses 41,096. Management and general expenses 7,203. Fundraising expenses 0. Total expenses 48,299. Advanced expenses: program service expenses 43,082. Management and general expenses 0. Fundraising expenses 0. Total expenses 43,082. Contract labor: program service expenses 40,618. Management and general expenses 0. Fundraising expenses 0. Total expenses 40,618. Telecommunications/shipping: program service expenses 3,322. Management and general expenses 6,212. Fundraising expenses 414. Total expenses 9,948. Public relations: program service expenses 225. Management and general expenses 8,486. Fundraising expenses 0. Total expenses 8,711. Miscellaneous: program service expenses 3,268. Management and general expenses 1,739. Fundraising expenses 0. Total expenses 5,007. Ina awarded project funds: program service expenses 5,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,000. Equipment >1000 or maint: program service expenses 3,615. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,615. Merchandise expense: program service expenses 443. Management and general expenses 2,229. Fundraising expenses 0. Total expenses 2,672. Printing and reproduction: program service expenses 26. Management and general expenses 206. Fundraising expenses 0. Total expenses 232. Sales tax: program service expenses 0. Management and general expenses 50. Fundraising expenses 0. Total expenses 50.”