Civic Intelligence

Northwest Maritime Center

990 • Fiscal year 2016 • EIN 91-1931643

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 13, 2017

Refreshing map…

431 Water StreetPort Townsend, WA 98368

(360) 385-3628

Siviq Scores

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

Liabilities / Assets

26th percentile

0.05x

Higher debt load relative to assets than 26% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

64th percentile

0.44x

Higher debt load relative to revenue than 64% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

8th percentile

-35%

Higher net margin than 8% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

26th percentile

$110,937

Higher top officer pay than 26% of similar nonprofits.

Top officer pay equals 5.5% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

22nd percentile

-3.9%

Faster asset growth than 22% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

8th percentile

-39%

Faster revenue growth than 8% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Down

$16,450,684

Down $669,006 (-3.9%) from 2015

Net Assets

Down

$15,574,498

Down $671,478 (-4.1%) from 2015

Liabilities

Up

$876,186

Up $2,472 (+0.3%) from 2015

Revenue

Down

$2,001,957

Down $1,280,904 (-39%) from 2015

Expenses

Up

$2,700,609

Up $109,714 (+4.2%) from 2015

Net Income

Down

-$698,652

Down $1,390,618 (-201%) from 2015

Historical Trend

Balance Sheet Trend

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

$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

2016

Assets$16,450,684
Liabilities$876,186
Net Assets$15,574,498

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2016

Revenue$2,001,957
Expenses$2,700,609
Net Income-$698,652
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 13, 2017
Return Version
2016v3.0
Gross Receipts
$2,554,289
Mission and Program Overview

Mission

To engage and educate people of all generations in traditional and contemporary maritime life, in a spirit of adventure and discovery. We're many things, and at our core we are a campus that uses 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 the local 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$15,409,683$14,709,075▼ $700,608
Pledges and Grants Receivable$555,684$673,685▲ $118,001
Cash and Non-Interest-Bearing Accounts$206,920$237,244▲ $30,324
Inventories for Sale or Use$290,777$173,749▼ $117,028
Accounts Receivable$52,631$128,858▲ $76,227
Prepaid Expenses and Deferred Charges$6,284$12,650▲ $6,366
Savings and Temporary Cash Investments-$410-
Total Assets$17,119,690$16,450,684▼ $669,006
Other Assets Total$597,711$515,013▼ $82,698
Liabilities
Mortgage Notes Payable Secured by Investment Property$644,788$659,279▲ $14,491
Accounts Payable and Accrued Expenses$216,458$205,481▼ $10,977
Deferred Revenue$12,468$11,426▼ $1,042
Total Liabilities$873,714$876,186▲ $2,472
Net Assets / Fund Balance
Unrestricted Net Assets$15,490,325$13,715,590▼ $1,774,735
Temporarily Rstr Net Assets$724,247$1,829,508▲ $1,105,261
Permanently Rstr Net Assets$31,404$29,400▼ $2,004
Total Net Assets Fund Balance$16,245,976$15,574,498▼ $671,478
Total Liabilities and Net Assets / Fund Balance$17,119,690$16,450,684▼ $669,006

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$10,537,394$2,075,945$12,613,339
Equipment$1,764,867$1,209,578$2,974,445
Leasehold Improvements$1,331,159$435,789$1,766,948
Land$950,000-$950,000
Other Land Buildings$125,655$167,132$292,787

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$31,622$1,694▲ $878-$32,753
2015$31,396-▲ $505-$31,622
2014$31,170-▲ $8-$30,782
2013$28,069-▲ $3,101-$31,170
2012$28,058-▲ $11-$28,069
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jake BeattieExecutive DirectorFT$104,000$6,937$110,937
Eileen JohnstonFinance DirectorFT$60,800$6,937$67,737

Board Members and Trustees

NameTitle
Stephen OliverPresident
Kris MorrisVice President
Blaise HollyDirector
Gary KennedyDirector
Herb WeissblumDirector
Jan DavisDirector
Joe FinnieDirector
John AndersonDirector
Kim AldrichDirector
Lynn TerwoerdsDirector
Mark BunzelDirector
Neil MccurdyDirector
Patrick IrwinDirector
Peter GeerlofsDirector
Piper DunlapDirector
Stuart MorkDirector
Richard FirthSecretary
David KingTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,291,804
Program Service Revenue
$213,207
Investment Income
$-12,428
Other Revenue
$509,374
All Other Contributions
$1,089,211
Change in Net Assets
$-698,652

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 Amount
Boats and Planes10$38,975
Other Non Cash Contri Table1$3,980
Other Non Cash Contri Table2$3,584
Other Non Cash Contri Table1$1,121
Total Noncash Contributions14$47,660
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,233,392
Salaries, Compensation, and Employee Benefits$1,172,173
Grants and Similar Amounts Paid$295,044
Total Fundraising Expense$168,390
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$649,843$121,102$52,982$823,927
Depreciation Depletion$551,034$114,501$50,094$715,629
Grants to Domestic Orgs$295,044--$295,044
Current Officers, Directors, Trustees, and Key Employees$137,578$28,588$12,508$178,674
Payroll Taxes$70,477$13,360$5,845$89,682
Insurance$68,170$14,165$6,197$88,532
Occupancy$62,379$12,961$5,671$81,011
Other Employee Benefits$63,633$11,310$4,947$79,890
Office Expenses$47,943$9,962$4,358$62,263
Interest$30,589$6,356$2,781$39,726
Other Expenses$27,420$5,698$2,493$35,611
Fees for Services Other$17,216$3,577$1,565$22,358
Advertising$15,202$3,158$1,383$19,743
Information Technology$6,612$1,374$601$8,587
Travel$4,420$918$402$5,740
All Other Expenses$-60,184$4,621$2,021$-53,542
Total Functional Expenses$2,147,330$384,889$168,390$2,700,609
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Port Townsend School DistrictPort Townsend, WAGovProgram Support$136,159
Western FlyerPort Townsend, WA-Program Support$40,875
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$321,161
Fundraising Direct Expenses$218,908
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Race to Alaska$321,161$321,161$148,768$172,393
Total Events$321,161$321,161$218,908$102,253
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
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The 990 is reviewed before filing by the executive director, treasurer, and president. It is available after filing to the entire 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
Stephen Oliver
Title
President
Phone
3603853628
Signed
2017-11-13

Organization Details

Principal Officer
Stephen Oliver
Formed
1999
Legal Domicile
Wa
Voting Board Members
20
Independent Board Members
20
Employees
76
Volunteers
215

Preparer

Firm
Aiken & Sanders Inc Ps
Address
343 W WISHKAH ST, ABERDEEN, WA 98520
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, 2016, there are no tax positions for which the deductibility is certain but for which there is uncertainty regarding the timing of such deductibility.

Raw XML AppendixShowing 400 of 661 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/ActivityOrMissionDesc0TO ENGAGE AND EDUCATE PEOPLE OF ALL GENERATIONS IN TRADITIONAL AND CONTEMPORARY MARITIME LIFE, IN A SPIRIT OF ADVENTURE AND DISCOVERY. WE'RE MANY THINGS, AND AT OUR CORE WE ARE A CAMPUS THAT USES 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 THE LOCAL 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/Desc0EDUCATIONAL PROGRAMS: NWMC PROVIDES EXPERIENTIAL ON THE WATER PROGRAMS TO YOUTH AND ADULTS WITH THE GOAL OF ENABLING PARTICIPANTS THE OPPORTUNITY TO LEARN ABOUT AND CELEBRATE OUR MARITIME HERITAGE AND NATURAL RESOURCES. OUR YOUTH PROGRAMS FOCUS ON CHARACTER BUILDING THROUGH LEADERSHIP AND TEAMWORK TRAINING AND ON DEVELOPING MARITIME-RELATED SKILLS THROUGH MENTORSHIP. OUR BOAT SHOP FOCUSES ON TRADITIONAL SKILLS AND UP TO DATE CRAFTSMANSHIP THROUGH BUILD YOUR OWN BOAT CLASSES AND APPRENTICESHIPS.
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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/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1860800
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19104000
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/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18FINANCE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01999
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt0218908
IRS990/FundraisingGrossIncomeAmt0321161
IRS990/GainOrLossGrp/OtherAmt0-28278
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GrantAmt0295044
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0295044
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0295044
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt026379
IRS990/GrossReceiptsAmt02554289
IRS990/GrossRentsGrp/RealAmt0220251
IRS990/GrossSalesOfInventoryAmt0465637
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt020
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt0601
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01374
IRS990/InformationTechnologyGrp/ProgramServicesAmt06612
IRS990/InformationTechnologyGrp/TotalAmt08587
IRS990/InsuranceGrp/FundraisingAmt06197
IRS990/InsuranceGrp/ManagementAndGeneralAmt014165
IRS990/InsuranceGrp/ProgramServicesAmt068170
IRS990/InsuranceGrp/TotalAmt088532
IRS990/InterestGrp/FundraisingAmt02781
IRS990/InterestGrp/ManagementAndGeneralAmt06356
IRS990/InterestGrp/ProgramServicesAmt030589
IRS990/InterestGrp/TotalAmt039726
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0290777
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0173749
IRS990/InvestmentIncomeGrp/ExclusionAmt015850
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt015850
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt019
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03888444
IRS990/LandBldgEquipBasisNetGrp/BOYAmt015409683
IRS990/LandBldgEquipBasisNetGrp/EOYAmt014709075
IRS990/LandBldgEquipCostOrOtherBssAmt018597519
IRS990/LegalDomicileStateCd0WA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt054657
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt087525
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ENGAGE AND EDUCATE PEOPLE OF ALL GENERATIONS IN TRADITIONAL AND CONTEMPORARY MARITIME LIFE, IN A SPIRIT OF ADVENTURE AND DISCOVERY. WE'RE MANY THINGS, AND AT OUR CORE WE ARE A CAMPUS THAT USES 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 THE LOCAL COMMUNITY AND MARITIME INDUSTRY, BUT MOSTLY BECAUSE REGARDLESS OF THE SUBJECT, THE SEA IS THE MOST POWERFUL TEACHER WE KNOW.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0644788
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0659279
IRS990/NetAssetsOrFundBalancesBOYAmt016245976
IRS990/NetAssetsOrFundBalancesEOYAmt015574498
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-28278
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-28278
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0102253
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0102253
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0186870
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0186870
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0220251
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0220251
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt012760
IRS990/NoncashContributionsAmt01581
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt05671
IRS990/OccupancyGrp/ManagementAndGeneralAmt012961
IRS990/OccupancyGrp/ProgramServicesAmt062379
IRS990/OccupancyGrp/TotalAmt081011
IRS990/OfficeExpensesGrp/FundraisingAmt04358
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt09962
IRS990/OfficeExpensesGrp/ProgramServicesAmt047943
IRS990/OfficeExpensesGrp/TotalAmt062263
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0597711
IRS990/OtherAssetsTotalGrp/EOYAmt0515013
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt04947
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt011310
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt063633
IRS990/OtherEmployeeBenefitsGrp/TotalAmt079890
IRS990/OtherExpensesGrp/Desc0EQUIPMENT/ R&M
IRS990/OtherExpensesGrp/Desc1MISC
IRS990/OtherExpensesGrp/Desc2EVENTS
IRS990/OtherExpensesGrp/Desc3TAXES
IRS990/OtherExpensesGrp/FundraisingAmt07870
IRS990/OtherExpensesGrp/FundraisingAmt13975
IRS990/OtherExpensesGrp/FundraisingAmt22697
IRS990/OtherExpensesGrp/FundraisingAmt32493
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt017988
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt19086
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt26164
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt35698
IRS990/OtherExpensesGrp/ProgramServicesAmt086562
IRS990/OtherExpensesGrp/ProgramServicesAmt143725
IRS990/OtherExpensesGrp/ProgramServicesAmt229667
IRS990/OtherExpensesGrp/ProgramServicesAmt327420
IRS990/OtherExpensesGrp/TotalAmt0112420
IRS990/OtherExpensesGrp/TotalAmt156786
IRS990/OtherExpensesGrp/TotalAmt238528
IRS990/OtherExpensesGrp/TotalAmt335611
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt052982
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0121102
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0649843
IRS990/OtherSalariesAndWagesGrp/TotalAmt0823927
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt05845
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt013360
IRS990/PayrollTaxesGrp/ProgramServicesAmt070477
IRS990/PayrollTaxesGrp/TotalAmt089682
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt031404
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt029400
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0555684
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0673685
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06284
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt012650
IRS990/PrincipalOfficerNm0STEPHEN OLIVER
IRS990/PriorPeriodAdjustmentsAmt0-17056
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/Desc1TICKET SALES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0205713
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt17494
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0205713
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt17494
IRS990/ProgSrvcAccomActy2Grp/Desc0OUR WOODEN BOAT CHANDLERY MARKETS PRODUCTS THAT PROMOTE AND PRESERVE OUR TRADITIONAL MARITIME HERITAGE AND ENHANCES OUR LOCAL MARITIME TRADES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0359502
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0186870
IRS990/ProgSrvcAccomActy3Grp/Desc0EDUCATIONAL AND COMMUNITY FACILITY USAGE INCLUDING BOATHOUSE WITH CLASSIC "LEGACY" VESSELS AND PROGRAM FLEET THAT ENABLE PARTICIPANTS TO LEARN AND ENJOY TRADITIONAL BOATING SKILLS, MARITIME CIRCULATING LIBRARY, SYMPOSIUMS EDUCATIONAL CONFERENCES, WORKSHOPS AND PUBLIC EVENTS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0755051
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0220251
IRS990/ProgSrvcAccomActyOtherGrp/Desc0WOODEN BOAT FESTIVAL: MORE THAN 30,000 PEOPLE ATTEND OUR ANNUAL 3-DAY FESTIVAL. WITH A FOCUS ON EDUCATION, THE FESTIVAL SHOWCASES A LARGE VARIETY OF WOODEN BOATS AND TRADITIONAL MARITIME SKILLS THROUGH EXHIBITS AND DEMONSTRATIONS. THIS PROGRAM IS ALSO REFLECTED ON THE FORM 990 FOR THE SUBSIDIARY WOODEN BOAT FOUNDATION, WHICH TRANSFERS ALL NET FUNDS TO THE PARENT ORGANIZATION.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0391051
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0115068
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02143886
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0147493
IRS990/PYInvestmentIncomeAmt0-1033

Document Assets

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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
2016Detailed filing. Detailed filing data is available for this year.$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