Civic Intelligence

Northwest Maritime Center

EIN 91-1931643 • 501(c)3 • Port Townsend, WA

Profile

To engage and educate people of all generations in traditional and contemporary maritime life, in a spirit of adventure and discovery.

Refreshing map…

431 Water StreetPort Townsend, WA 98368

www.nwmaritime.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

42nd percentile

0.11x

Higher debt load relative to assets than 42% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

54th percentile

0.26x

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

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

75th percentile

22%

Higher net margin than 75% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

49th percentile

$184,052

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

70th percentile

11%

Faster asset growth than 70% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

86th percentile

54%

Faster revenue growth than 86% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$22,704,188

Up $2,278,195 (+11%) from 2023

Liabilities

Up

$2,588,777

Up $57,079 (+2.3%) from 2023

Net Assets

Up

$20,115,411

Up $2,221,116 (+12%) from 2023

Revenue

Up

$10,104,247

Up $3,563,291 (+54%) from 2023

Expenses

Up

$7,883,131

Up $692,113 (+9.6%) from 2023

Net Income

Up

$2,221,116

Up $2,871,178 (+442%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2010: $16,854,189Liabilities 2010: $3,365,033Net Assets 2010: $13,489,1562010Assets 2011: $15,837,343Liabilities 2011: $3,104,516Net Assets 2011: $12,732,8272011Assets 2012: $17,097,215Liabilities 2012: $2,801,060Net Assets 2012: $14,296,1552012Assets 2013: $16,135,967Liabilities 2013: $1,598,388Net Assets 2013: $14,537,5792013Assets 2014: $16,307,764Liabilities 2014: $753,754Net Assets 2014: $15,554,0102014Assets 2015: $17,119,690Liabilities 2015: $873,714Net Assets 2015: $16,245,9762015Assets 2016: $16,450,684Liabilities 2016: $876,186Net Assets 2016: $15,574,4982016Assets 2017: $16,117,390Liabilities 2017: $807,103Net Assets 2017: $15,310,2872017Assets 2018: $15,000,905Liabilities 2018: $1,030,598Net Assets 2018: $13,970,3072018Assets 2019: $15,826,602Liabilities 2019: $969,001Net Assets 2019: $14,857,6012019Assets 2020: $15,135,573Liabilities 2020: $880,170Net Assets 2020: $14,255,4032020Assets 2021: $21,051,564Liabilities 2021: $1,924,813Net Assets 2021: $19,126,7512021Assets 2022: $21,709,044Liabilities 2022: $3,164,905Net Assets 2022: $18,544,1392022Assets 2023: $20,425,993Liabilities 2023: $2,531,698Net Assets 2023: $17,894,2952023Assets 2024: $22,704,188Liabilities 2024: $2,588,777Net Assets 2024: $20,115,4112024

Highlighted filing

2024

Assets$22,704,188
Liabilities$2,588,777
Net Assets$20,115,411

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $2,141,3082010Expenses 2011: $2,077,0692011Revenue 2012: $3,740,589Expenses 2012: $2,176,943Net Income 2012: $1,563,6462012Revenue 2013: $2,838,942Expenses 2013: $2,597,518Net Income 2013: $241,4242013Revenue 2014: $3,407,944Expenses 2014: $2,391,513Net Income 2014: $1,016,4312014Revenue 2015: $3,282,861Expenses 2015: $2,590,895Net Income 2015: $691,9662015Revenue 2016: $2,001,957Expenses 2016: $2,700,609Net Income 2016: -$698,6522016Revenue 2017: $2,194,275Expenses 2017: $2,493,190Net Income 2017: -$298,9152017Revenue 2018: $1,466,360Expenses 2018: $2,804,653Net Income 2018: -$1,338,2932018Revenue 2019: $4,437,976Expenses 2019: $3,959,260Net Income 2019: $478,7162019Revenue 2020: $2,349,271Expenses 2020: $2,949,498Net Income 2020: -$600,2272020Revenue 2021: $9,184,031Expenses 2021: $4,315,694Net Income 2021: $4,868,3372021Revenue 2022: $6,024,513Expenses 2022: $6,658,707Net Income 2022: -$634,1942022Revenue 2023: $6,540,956Expenses 2023: $7,191,018Net Income 2023: -$650,0622023Revenue 2024: $10,104,247Expenses 2024: $7,883,131Net Income 2024: $2,221,1162024

Highlighted filing

2024

Revenue$10,104,247
Expenses$7,883,131
Net Income$2,221,116

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.7$2.59$20.1$10.1$7.88$2.22
2023Summary only. Only limited summary data is available for this year.$20.4$2.53$17.9$6.54$7.19$0.65
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.7$3.16$18.5$6.02$6.66$0.63
2021Summary only. Only limited summary data is available for this year.$21.1$1.92$19.1$9.18$4.32$4.87
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.1$0.88$14.3$2.35$2.95$0.60
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.8$0.97$14.9$4.44$3.96$0.48
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.0$1.03$14.0$1.47$2.80$1.34
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.1$0.81$15.3$2.19$2.49$0.30
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.5$0.88$15.6$2.00$2.70$0.70
2015Detailed filing. Detailed filing data is available for this year.$17.1$0.87$16.2$3.28$2.59$0.69
2014Detailed filing. Detailed filing data is available for this year.$16.3$0.75$15.6$3.41$2.39$1.02
2013Detailed filing. Detailed filing data is available for this year.$16.1$1.60$14.5$2.84$2.60$0.24
2012Summary only. Only limited summary data is available for this year.$17.1$2.80$14.3$3.74$2.18$1.56
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.8$3.10$12.7$2.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.9$3.37$13.5$2.14
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$6,634,175
Mission and Program Overview

Mission

Our mission: the mission of the northwest maritime center is to engage and educate people of all generations in traditional and contemporary maritime life, in a spirit of adventure and discovery.who we are: at our core we use powerful maritime experiences to educate, inspire people to adventure, and celebrate our maritime culture. We do it for our own love of boats, in service to our community and maritime industry, but mostly because regardless of the subject, the sea is the most powerful teacher we know.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$14,271,307$14,362,526▲ $91,219
Cash and Non-Interest-Bearing Accounts$2,105,366$2,559,338▲ $453,972
Pledges and Grants Receivable$3,482,089$2,308,069▼ $1,174,020
Accounts Receivable$76,442$1,236,245▲ $1,159,803
Inventories for Sale or Use$355,986$122,543▼ $233,443
Prepaid Expenses and Deferred Charges$77,542$95,705▲ $18,163
Total Assets$21,051,564$21,709,044▲ $657,480
Other Assets Total$682,832$1,024,618▲ $341,786
Liabilities
Deferred Revenue$194,043$1,076,278▲ $882,235
Mortgage Notes Payable Secured by Investment Property$1,315,138$1,058,088▼ $257,050
Accounts Payable and Accrued Expenses$415,632$688,753▲ $273,121
Other Liabilities$0$341,786▲ $341,786
Total Liabilities$1,924,813$3,164,905▲ $1,240,092
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$15,719,327$15,936,499▲ $217,172
Net Assets With Donor Restrictions$3,407,424$2,607,640▼ $799,784
Total Net Assets Fund Balance$19,126,751$18,544,139▼ $582,612
Total Liabilities and Net Assets / Fund Balance$21,051,564$21,709,044▲ $657,480

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$10,059,570$4,047,044$14,106,614
Equipment$911,052$1,870,911$2,781,963
Land$2,134,500-$2,134,500
Leasehold Improvements$1,138,160$644,967$1,783,127
Other Land Buildings$119,244$260,211$379,455

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$21,540-▲ $1,134$21,696-
2019$20,729-▲ $811-$21,540
2018$33,314-▼ $689$11,587$20,729
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jake BeattieExecutive DirectorFT$188,381$8,930$197,311
Eileen JohnstonFinance DirectorFT$106,210$11,230$117,440

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$3,835,488
Program Service Revenue
$1,066,833
Investment Income
$-135,142
Other Revenue
$1,257,334
All Other Contributions
$2,059,672
Change in Net Assets
$-634,194

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 Planes5$482,167Fair Market Value (FMV)
Other Non Cash Contri Table5$17,181Fair Market Value (FMV)
Other Non Cash Contri Table1$2,461Fair Market Value (FMV)
Other Non Cash Contri Table1$1,645Fair Market Value (FMV)
Total Noncash Contributions12$503,454-

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,024,513
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$467,222
Total Revenue per Audited Statements
$6,491,735
Total Revenue per Form 990
$6,024,513
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,760,073
Other Expenses$2,898,634
Total Fundraising Expense$632,400
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,404,313$895,750$277,678$2,577,741
Depreciation Depletion$525,955$24,087$7,844$557,886
Other Employee Benefits$252,139$145,579$48,930$446,648
Current Officers, Directors, Trustees, and Key Employees$274,160$132,196$37,770$444,126
Fees for Services Other$1,525$363,798$11,530$376,853
Payroll Taxes$163,273$96,214$32,071$291,558
All Other Expenses$1,250,405$-1,099,654$68,782$219,533
Insurance$105,962$94,677$5,904$206,543
Occupancy$66,548$89,109-$155,657
Information Technology$25,151$97,441$5,083$127,675
Other Expenses$45,679$76,407$38,949$122,086
Advertising$73,951$7,937$21,186$103,074
Interest$49,022$29,633-$78,655
Total Functional Expenses$4,993,355$1,032,952$632,400$6,658,707

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$7,122,418
Expenses per Audited Statements$6,658,707
Total Expenses per Form 990$6,658,707
Expenses Not Reported on Form 990$463,711
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operation Lease Liability$341,786
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 35% controlled entity
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
Yes
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 11B

After the executive director and finance director have read and approved the draft ofthe 990, it is then sent to the president and treasurer for review and approval. Once the president and treasurer have completed their review, the 990 is sent to the full board.

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

Annual review of this policy is made by the board of directors. Any board member with a conflicting interest is required to report the interest and is not allowed to vote on any related matter. Employees are directed to avoid any conflicting activity. All employees sign policy handbook and copy is placed in personnel file.

Form 990, Part VI, Section B, Line 15A

The organization has a process for determining compensation for the executive director and top management.

Form 990, Part VI, Section C, Line 18

Form 990 is available online and financial data in annual report.

Form 990, Part VI, Section C, Line 19

The policy is that upon written request any documents requested will be provided to the general public upon request.

Filing and Contact Details

Filer

Filer Name
Northwest Maritime Center
EIN
91-1931643
Phone
3603853628
Address
431 WATER STREET, PORT TOWNSEND, WA 98368

Signing Officer

Name
Jacob a Beattie
Title
Executive Director
Phone
3603853628
Signed
2023-11-15

Organization Details

Principal Officer
Stephen Oliver
Formed
1999
Legal Domicile
Wa
Voting Board Members
23
Independent Board Members
23
Employees
133
Volunteers
1,388

Preparer

Firm
Aiken & Sanders Inc Ps
Address
324 S MAIN ST UNIT A, MONTESANO, WA 98563-4502
Preparer
Terry D Sodders CPA
Phone
3605333370
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

The process has not changed from prior year.

Financial Statement Notes

PART III, LINE 4:

Museum and library collections.

PART X, LINE 2:

As of december 31, 2022, there are no tax positions for which the deductibility is certain but for which there is uncertainty regarding the timing of such deductibility.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Costs of goods sold 463,711.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Costs of goods sold 463,711.

Raw XML AppendixShowing 400 of 753 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0415632
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IRS990/AccountsReceivableGrp/EOYAmt01236245
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0OUR MISSION: THE MISSION OF THE NORTHWEST MARITIME CENTER IS TO ENGAGE AND EDUCATE PEOPLE OF ALL GENERATIONS IN TRADITIONAL AND CONTEMPORARY MARITIME LIFE, IN A SPIRIT OF ADVENTURE AND DISCOVERY.WHO WE ARE: AT OUR CORE WE USE POWERFUL MARITIME EXPERIENCES TO EDUCATE, INSPIRE PEOPLE TO ADVENTURE, AND CELEBRATE OUR MARITIME CULTURE. WE DO IT FOR OUR OWN LOVE OF BOATS, IN SERVICE TO OUR COMMUNITY AND MARITIME INDUSTRY, BUT MOSTLY BECAUSE REGARDLESS OF THE SUBJECT, THE SEA IS THE MOST POWERFUL TEACHER WE KNOW.
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IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0EILEEN JOHNSTON
IRS990/BooksInCareOfDetail/PhoneNum03603853628
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0431 WATER STREET
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IRS990/DepreciationDepletionGrp/ProgramServicesAmt0525955
IRS990/DepreciationDepletionGrp/TotalAmt0557886
IRS990/Desc0EDUCATIONAL PROGRAMS: NWMC PROVIDES EXPERIENTIAL MARITIME PROGRAMS TO YOUTH AND ADULTS WITH THE GOALS OF CONNECTING STUDENTS TO THEIR COMMUNITIES, BUILDING MARITIME WORKFORCE DEVELOPMENT, AND ENGAGING PEOPLE IN THE MARITIME ENVIRONMENT. OUR YOUTH PROGRAMS, RANGING FROM LEARN-TO-SAIL THROUGH HIGH SCHOOL CREDIT PROGRAMS SPECIFIC TO THE MARITIME FIELD INCLUDE CHARACTER BUILDING THROUGH LEADERSHIP AND TEAMWORK TRAINING AND ON DEVELOPING MARITIME-RELATED SKILLS THROUGH MENTORSHIP. CURRICULA INCLUDE VESSEL OPERATIONS, MARINE CONSTRUCTION, AND MARINE RESOURCES.
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IRS990/Form990PartVIISectionAGrp/PersonNm3LEEANNE SCHIRATO
IRS990/Form990PartVIISectionAGrp/PersonNm4ALEX ADAMS
IRS990/Form990PartVIISectionAGrp/PersonNm5MARK BUNZEL
IRS990/Form990PartVIISectionAGrp/PersonNm6JON LAMPERTH
IRS990/Form990PartVIISectionAGrp/PersonNm7HARIUM MARTIN-MORRIS
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IRS990/Form990PartVIISectionAGrp/PersonNm9JEANNE GUUSSEV
IRS990/Form990PartVIISectionAGrp/PersonNm10KRIS MORRIS
IRS990/Form990PartVIISectionAGrp/PersonNm11SCOTT VOKEY
IRS990/Form990PartVIISectionAGrp/PersonNm12LYNN TERWOERDS
IRS990/Form990PartVIISectionAGrp/PersonNm13KIRSTIN SANDAAS
IRS990/Form990PartVIISectionAGrp/PersonNm14RON MOLLER
IRS990/Form990PartVIISectionAGrp/PersonNm15BRUCE JONES
IRS990/Form990PartVIISectionAGrp/PersonNm16CAITLIN OLMSTED
IRS990/Form990PartVIISectionAGrp/PersonNm17SARAH SCHERER
IRS990/Form990PartVIISectionAGrp/PersonNm18STUART MORK
IRS990/Form990PartVIISectionAGrp/PersonNm19LUKE STRONG-CVETICH
IRS990/Form990PartVIISectionAGrp/PersonNm20DANIEL HAWKINS
IRS990/Form990PartVIISectionAGrp/PersonNm21JOHN SIMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm22TRINA WELLMAN
IRS990/Form990PartVIISectionAGrp/PersonNm23EILEEN JOHNSTON
IRS990/Form990PartVIISectionAGrp/PersonNm24JAKE BEATTIE
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IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt12PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23FINANCE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24EXECUTIVE DIRECTOR
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IRS990/MissionDesc0OUR MISSION: THE MISSION OF THE NORTHWEST MARITIME CENTER IS TO ENGAGE AND EDUCATE PEOPLE OF ALL GENERATIONS IN TRADITIONAL AND CONTEMPORARY MARITIME LIFE, IN A SPIRIT OF ADVENTURE AND DISCOVERY.WHO WE ARE: AT OUR CORE WE USE POWERFUL MARITIME EXPERIENCES TO EDUCATE, INSPIRE PEOPLE TO ADVENTURE, AND CELEBRATE OUR MARITIME CULTURE. WE DO IT FOR OUR OWN LOVE OF BOATS, IN SERVICE TO OUR COMMUNITY AND MARITIME INDUSTRY, BUT MOSTLY BECAUSE REGARDLESS OF THE SUBJECT, THE SEA IS THE MOST POWERFUL TEACHER WE KNOW.
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IRS990/OtherExpensesGrp/Desc2EVENTS
IRS990/OtherExpensesGrp/Desc3EQUIPMENT/ R&M
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt25655
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IRS990/OtherExpensesGrp/TotalAmt1310047
IRS990/OtherExpensesGrp/TotalAmt2204914
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IRS990/OtherWebsiteInd0X
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IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt032071

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