Civic Intelligence

Nauticus DBA Nauticus Foundation

990 • Fiscal year 2016 • EIN 54-1475802

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 15, 2017

One Waterside DriveNorfolk, VA 23510

(757) 664-1000

Siviq Scores

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

Liabilities / Assets

24th percentile

0.01x

Higher debt load relative to assets than 24% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

21st percentile

0.01x

Higher debt load relative to revenue than 21% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

94th percentile

57%

Higher net margin than 94% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

81st percentile

$136,174

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

94th percentile

81%

Faster asset growth than 94% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

95th percentile

118%

Faster revenue growth than 95% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$4,534,032

Up $2,027,078 (+81%) from 2015

Net Assets

Up

$4,494,592

Up $2,023,216 (+82%) from 2015

Liabilities

Up

$39,440

Up $3,862 (+11%) from 2015

Revenue

Up

$3,532,099

Up $1,911,306 (+118%) from 2015

Expenses

Up

$1,508,883

Up $76,461 (+5.3%) from 2015

Net Income

Up

$2,023,216

Up $1,834,845 (+974%) from 2015

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2011: $2,523,769Liabilities 2011: $15,300Net Assets 2011: $2,508,4692011Assets 2012: $2,048,566Liabilities 2012: $31,078Net Assets 2012: $2,017,4882012Assets 2013: $2,406,907Liabilities 2013: $100,803Net Assets 2013: $2,306,1042013Assets 2014: $2,309,069Liabilities 2014: $26,064Net Assets 2014: $2,283,0052014Assets 2015: $2,506,954Liabilities 2015: $35,578Net Assets 2015: $2,471,3762015Assets 2016: $4,534,032Liabilities 2016: $39,440Net Assets 2016: $4,494,5922016Assets 2017: $4,674,366Liabilities 2017: $42,162Net Assets 2017: $4,632,2042017Assets 2018: $4,206,663Liabilities 2018: $71,448Net Assets 2018: $4,135,2152018Assets 2019: $4,466,569Liabilities 2019: $403,202Net Assets 2019: $4,063,3672019Assets 2020: $4,242,791Liabilities 2020: $537,971Net Assets 2020: $3,704,8202020Assets 2021: $7,090,581Liabilities 2021: $556,095Net Assets 2021: $6,534,4862021Assets 2022: $12,429,451Liabilities 2022: $873,982Net Assets 2022: $11,555,4692022Assets 2023: $11,251,555Liabilities 2023: $567,269Net Assets 2023: $10,684,2862023Assets 2024: $19,539,913Liabilities 2024: $2,184,196Net Assets 2024: $17,355,7172024

Highlighted filing

2016

Assets$4,534,032
Liabilities$39,440
Net Assets$4,494,592

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2011: $552,9562011Expenses 2012: $1,249,9582012Expenses 2013: $1,151,7682013Revenue 2014: $1,240,427Expenses 2014: $1,263,526Net Income 2014: -$23,0992014Revenue 2015: $1,620,793Expenses 2015: $1,432,422Net Income 2015: $188,3712015Revenue 2016: $3,532,099Expenses 2016: $1,508,883Net Income 2016: $2,023,2162016Revenue 2017: $1,314,631Expenses 2017: $1,177,019Net Income 2017: $137,6122017Revenue 2018: $1,371,391Expenses 2018: $1,867,113Net Income 2018: -$495,7222018Revenue 2019: $2,816,608Expenses 2019: $2,897,492Net Income 2019: -$80,8842019Revenue 2020: $2,164,508Expenses 2020: $2,500,402Net Income 2020: -$335,8942020Revenue 2021: $4,721,947Expenses 2021: $2,012,909Net Income 2021: $2,709,0382021Revenue 2022: $7,543,316Expenses 2022: $2,520,357Net Income 2022: $5,022,9592022Revenue 2023: $9,286,378Expenses 2023: $10,167,914Net Income 2023: -$881,5362023Revenue 2024: $10,876,320Expenses 2024: $4,263,089Net Income 2024: $6,613,2312024

Highlighted filing

2016

Revenue$3,532,099
Expenses$1,508,883
Net Income$2,023,216
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 15, 2017
Return Version
2015v3.0
Gross Receipts
$3,600,948
Mission and Program Overview

Mission

Foundation mission is to inspire and educate people with engaging and interactive experiences that celebrate our connections with today's maritime world. Nauticus is a contemporary museum that uses the natural setting of norfolk's harbor to showcase global maritime commerce and the world's largest navy. The 501(c)(3) nauticus foundation leverages contributed and grant revenue from individuals, corporations, and the government to develop and expand the museum's exhibitry and educational programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,205,566$2,022,695▲ $817,129
Pledges and Grants Receivable$423,424$894,441▲ $471,017
Land, Buildings, and Equipment, Net$775,428$679,728▼ $95,700
Prepaid Expenses and Deferred Charges$89,549$53,649▼ $35,900
Accounts Receivable$4,711$32,019▲ $27,308
Total Assets$2,506,954$4,534,032▲ $2,027,078
Other Assets Total$8,276$851,500▲ $843,224
Liabilities
Accounts Payable and Accrued Expenses$35,578$31,499▼ $4,079
Other Liabilities$0$4,152▲ $4,152
Deferred Revenue-$3,789-
Total Liabilities$35,578$39,440▲ $3,862
Net Assets / Fund Balance
Unrestricted Net Assets$2,210,908$3,008,635▲ $797,727
Temporarily Rstr Net Assets$260,468$1,485,957▲ $1,225,489
Total Net Assets Fund Balance$2,471,376$4,494,592▲ $2,023,216
Total Liabilities and Net Assets / Fund Balance$2,506,954$4,534,032▲ $2,027,078

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$149,735$1,237,343$1,387,078
Leasehold Improvements$319,070$344,032$663,102
Equipment$210,923$256,271$467,194
Other Assets Org$1,500--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Stephen KirklandExecutive DirectorPT$136,174$136,174
John EllikerFinance ManagerPT$60,344$60,344

Highest Paid Contractors

ContractorServicesLocationCompensation
Virginia Stage CompanyStage Production108 E TAZEWELL ST, Norfolk, VA 23510$110,011
Revenue and Support

Revenue Composition

Contributions and Grants
$3,031,297
Program Service Revenue
$493,357
Investment Income
$1,352
Other Revenue
$6,093
All Other Contributions
$1,755,672
Change in Net Assets
$2,023,216

Noncash Contribution Practices

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

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,532,099
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$365,458
Total Revenue per Audited Statements
$3,897,557
Total Revenue per Form 990
$3,532,099
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,100,094
Salaries, Compensation, and Employee Benefits$408,789
Total Fundraising Expense$18,239
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$371,309--$371,309
Depreciation Depletion$122,936$34,298-$157,234
Advertising$144,028$10,091$2,575$156,694
All Other Expenses$110,274$12,175$5,657$128,106
Fees for Services Other$63,551$2,508$65$66,124
Office Expenses$34,339$7,304$8,593$50,236
Other Expenses$35,418$2,148$110$37,676
Insurance$25,624$8,056-$33,680
Payroll Taxes$28,196--$28,196
Fees for Services Accounting-$11,015-$11,015
Other Employee Benefits$9,284--$9,284
Travel$8,054$325$12$8,391
Total Functional Expenses$1,335,091$155,553$18,239$1,508,883

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,874,341
Expenses per Audited Statements$1,508,883
Total Expenses per Form 990$1,508,883
Expenses Not Reported on Form 990$365,458
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 Direct Expenses$62,140
Fundraising Gross Income$60,811
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Sailing Fotw Gala$86,436$60,811$10,766$50,045
Total Events$86,436$60,811$62,140$-1,329
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to City of Norfolk$4,152
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The financial manager and the executive committee review preliminary drafts of the form 990. Once the 990 is in final draft form, it will be approved by the executive committee and distributed, on request, to members of the full board of directors.

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

Board of directors are reminded that all conflicts of interest need to be disclosed and are given the conflict of interst policy at the annual meeting.

Form 990, Part VI, Section C, Line 19

Foundation makes the governing documents, conflict of interest policy, and financial statements available to the public upon request. Tax returns are also available for public inspection through guide star.

Filing and Contact Details

Filer

Filer Name
Nauticus Dba Nauticus Foundation
EIN
54-1475802
Phone
7576641000
Address
ONE WATERSIDE DRIVE, NORFOLK, VA 23510

Signing Officer

Name
Maryellen Baldwin
Title
Chair
Phone
7576641000
Signed
2017-02-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Maryellen Baldwin
Formed
1988
Legal Domicile
Va
Voting Board Members
16
Independent Board Members
16
Employees
37
Volunteers
54

Preparer

Firm
Dixon Hughes Goodman Llp
Address
440 MONTICELLO AVE SUITE 1400, NORFOLK, VA 23510
Preparer
Caron E Crouse
Phone
7576245100
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The foundation's executive committee is responsible for oversight of the audit, review of its financial statements and selection of the independent accountant.

Financial Statement Notes

PART III, LINE 1A:

Collection items acquired either through purchase or donation are not capitalized. Purchases of collection items are recorded as decreases in unrestricted net assets if purchased with unrestricted assets and as decreases in temporarily restricted or permanently restricted net assets if purchased with donor-restricted assets. Contributions of collection items are not recognized in the statement of activities. Proceeds from deaccessions or insurance recoveries are reflected on the statement of activities based on the absence or existence and nature of donor-imposed restrictions.

PART III, LINE 4:

The organization's purpose is to promote the science, history, and developing technologies of the oceans, bays, and rivers in an entertaining and educational way. Collections are made up of artifacts of historical significance and art objects that are held for educational, research, exhibit and curatorial purposes. Each of the items is cataloged, preserved, and cared for, and activities verifying their existence and assessing their condition are performed continuously.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses 62,140.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses 62,140.

Raw XML AppendixShowing 400 of 650 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.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt17114099
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1859313
IRS990/Form990PartVIISectionAGrp/TitleTxt0MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt15MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt17EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18FINANCE MANAGER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01988
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt025625
IRS990/FundraisingDirectExpensesAmt062140
IRS990/FundraisingGrossIncomeAmt060811
IRS990/GainOrLossGrp/OtherAmt041
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt06750
IRS990/GrossReceiptsAmt03600948
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt08056
IRS990/InsuranceGrp/ProgramServicesAmt025624
IRS990/InsuranceGrp/TotalAmt033680
IRS990/InvestmentIncomeGrp/ExclusionAmt01311
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01311
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01837646
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0775428
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0679728
IRS990/LandBldgEquipCostOrOtherBssAmt02517374
IRS990/LegalDomicileStateCd0VA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt06709
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0FOUNDATION MISSION IS TO INSPIRE AND EDUCATE PEOPLE WITH ENGAGING AND INTERACTIVE EXPERIENCES THAT CELEBRATE OUR CONNECTIONS WITH TODAY'S MARITIME WORLD. NAUTICUS IS A CONTEMPORARY MUSEUM THAT USES THE NATURAL SETTING OF NORFOLK'S HARBOR TO SHOWCASE GLOBAL MARITIME COMMERCE AND THE WORLD'S LARGEST NAVY. THE 501(C)(3) NAUTICUS FOUNDATION LEVERAGES CONTRIBUTED AND GRANT REVENUE FROM INDIVIDUALS, CORPORATIONS, AND THE GOVERNMENT TO DEVELOP AND EXPAND THE MUSEUM'S EXHIBITRY AND EDUCATIONAL PROGRAMS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02471376
IRS990/NetAssetsOrFundBalancesEOYAmt04494592
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt041
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt041
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-1329
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-1329
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt09901
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt08593
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07304
IRS990/OfficeExpensesGrp/ProgramServicesAmt034339
IRS990/OfficeExpensesGrp/TotalAmt050236
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt08276
IRS990/OtherAssetsTotalGrp/EOYAmt0851500
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt09284
IRS990/OtherEmployeeBenefitsGrp/TotalAmt09284
IRS990/OtherExpensesGrp/Desc0CONTRACTS
IRS990/OtherExpensesGrp/Desc1CONSULTANTS
IRS990/OtherExpensesGrp/Desc2FOOD
IRS990/OtherExpensesGrp/Desc3EQUIPMENT
IRS990/OtherExpensesGrp/FundraisingAmt0875
IRS990/OtherExpensesGrp/FundraisingAmt1352
IRS990/OtherExpensesGrp/FundraisingAmt2110
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03492
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt160220
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt23921
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt32148
IRS990/OtherExpensesGrp/ProgramServicesAmt0344220
IRS990/OtherExpensesGrp/ProgramServicesAmt1375
IRS990/OtherExpensesGrp/ProgramServicesAmt237483
IRS990/OtherExpensesGrp/ProgramServicesAmt335418
IRS990/OtherExpensesGrp/TotalAmt0347712
IRS990/OtherExpensesGrp/TotalAmt161470
IRS990/OtherExpensesGrp/TotalAmt241756
IRS990/OtherExpensesGrp/TotalAmt337676
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt04152
IRS990/OtherOrganizationDsc0CHARITABLE FOUNDATION
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0INSURANCE CLAIM
IRS990/OtherRevenueMiscGrp/ExclusionAmt02140
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02140
IRS990/OtherRevenueTotalAmt02140
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0371309
IRS990/OtherSalariesAndWagesGrp/TotalAmt0371309
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt028196
IRS990/PayrollTaxesGrp/TotalAmt028196
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0423424
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0894441
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt089549
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt053649
IRS990/PrincipalOfficerNm0MARYELLEN BALDWIN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0713990
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2611600
IRS990/ProgramServiceRevenueGrp/BusinessCd3713990
IRS990/ProgramServiceRevenueGrp/BusinessCd4713990
IRS990/ProgramServiceRevenueGrp/Desc0EVENT ADMISSION
IRS990/ProgramServiceRevenueGrp/Desc1OTHER
IRS990/ProgramServiceRevenueGrp/Desc2TUITION
IRS990/ProgramServiceRevenueGrp/Desc3MEMBERSHIP
IRS990/ProgramServiceRevenueGrp/Desc4PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0244424
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1101404
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt271880
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt351569
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt424080
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0244424
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1101404
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt271880
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt351569
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt424080
IRS990/ProgSrvcAccomActy2Grp/Desc0SAIL NAUTICUS: THE FOUNDATION'S SAIL NAUTICUS SAILING SCHOOL PROGRAM ENTERED ITS FOURTH YEAR IN 2016. THE PROGRAM PROVIDES YOUTH SAILING TRAINING AND EDUCATIONAL OPPORTUNITIES TO UNDERSERVED POPULATIONS, ADULT SAILING LESSONS, CORPORATE OUTINGS AND OTHER MEMBERSHIP-RELATED ACTIVITIES ON THE WATER. THE NAUTICUS SAILING ACADEMY OFFERS NORFOLK MIDDLE SCHOOL STUDENTS AFTER-SCHOOL STEM BASED PROGRAMMING IN ADDITION TO SAILING.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0306030
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0113984
IRS990/ProgSrvcAccomActy3Grp/Desc0SCOUT OVERNIGHT PROGRAM: THE FOUNDATION PROVIDED MANAGEMENT AN OPERATION OF AN OVERNIGHT CAMPING EXPERIENCE INSIDE THE BATTLESHIP WISCONSIN, PRIMARILY FOR BOY SCOUTS, AND OVERNIGHTS INSIDE THE NAUTICUS MUSEUM FOR GIRL SCOUTS. BOY AND GIRL SCOUTS RECEIVED A SPECIAL EDUCATIONAL BEHIND THE SCENES TOUR OF SPACES INSIDE THE BATTLESHIP AND ATTENDED SEVERAL NAUTICAL THEMED WORKSHOPS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt078387
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt099506
IRS990/ProgSrvcAccomActyOtherGrp/Desc0TO PROMOTE & INCREASE KNOWLEDGE IN MARITIME & RELATED FIELDS BY THE RECEIPT, ADMINISTRATION, AND APPROPRIATE DISTRIBUTION OF FUNDS IN CONJUNCTION WITH THE CITY OF NORFOLK-MARITIME CENTER FOR EXHIBITS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0645816
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt033707
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01187478
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01395
IRS990/PYOtherExpensesAmt01018893
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0431920
IRS990/PYRevenuesLessExpensesAmt0188371
IRS990/PYSalariesCompEmpBnftPaidAmt0413529
IRS990/PYTotalExpensesAmt01432422
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01620793
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02023216
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt01250000
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0246160
IRS990/RoyaltiesRevenueGrp/ExclusionAmt05282
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt05282

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$19.5$2.18$17.4$10.9$4.26$6.61
2023Detailed filing. Detailed filing data is available for this year.$11.3$0.57$10.7$9.29$10.2$0.88
2022Detailed filing. Detailed filing data is available for this year.$12.4$0.87$11.6$7.54$2.52$5.02
2021Detailed filing. Detailed filing data is available for this year.$7.09$0.56$6.53$4.72$2.01$2.71
2020Detailed filing. Detailed filing data is available for this year.$4.24$0.54$3.70$2.16$2.50$0.34
2019Detailed filing. Detailed filing data is available for this year.$4.47$0.40$4.06$2.82$2.90$0.08
2018Detailed filing. Detailed filing data is available for this year.$4.21$0.07$4.14$1.37$1.87$0.50
2017Detailed filing. Detailed filing data is available for this year.$4.67$0.04$4.63$1.31$1.18$0.14
2016Detailed filing. Detailed filing data is available for this year.$4.53$0.04$4.49$3.53$1.51$2.02
2015Detailed filing. Detailed filing data is available for this year.$2.51$0.04$2.47$1.62$1.43$0.19
2014Detailed filing. Detailed filing data is available for this year.$2.31$0.03$2.28$1.24$1.26$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.41$0.10$2.31$1.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.05$0.03$2.02$1.25
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.52$0.02$2.51$0.55