Sea-Legs Inc
- Assets
- $10.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New London, CT
- Founding
- 09/1998
- Data as of
- 03/2017
- EIN
- 04-3420792
Organization Overview
Sea-Legs Inc is located in New London, CT. The organization was established in 1998. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sea-Legs Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2017, Sea-Legs Inc generated $35.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (15.1%) each year. All expenses for the organization totaled $41.0k during the year ending 03/2017. As we would expect to see with falling revenues, expenses have declined by (12.6%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3
ENHANCE RECREATIONAL, VOCATIONAL, AND EDUCATIONAL OPTIONS FOR UNDERPRIVILEGED CHILDREN USING THE SEA AND MARITIME EXPERIENCE AS A MEANS FOR PERSONAL, SOCIAL AND FUTURE ECONOMIC POTENTIAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Craig Spear Board Member | 0 | $0 | |
Paul Jakoboski Treasurer | 5 | $0 | |
Anthony Lathrop Board Member | 0.5 | $0 | |
Richard Lathrop President | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,959 |
| Total Program Service Revenue | $16,470 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,827 |
| Other Revenue | $1 |
| Total Revenue | $35,257 |
| Statement of Expenses | |
|---|---|
| Total expenses | $40,984 |
| Balance Sheet | |
|---|---|
| Total assets | $10,319 |
| Total liabilities | $0 |
| Net assets or fund balances | $10,319 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Sea-Legs Inc has recieved totaling $1,522.
| Awarding Organization | Amount |
|---|---|
The@douglas S And Barbara J Barrett Family Foundation Mystic, CT PURPOSE: TO ENHACE RECREATIONAL, VOCATIONAL &EDUCATIONAL OPTIONS FOR UNDERPRIVILEGED CHILDREN USING THE SEA & MARITIME EXPERIENCE. | $1,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $22 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Joan Mitchell Foundation Inc New York, NY | $163,093,074 | $7,287,755 |
Pioneer Works Art Foundation Brooklyn, NY | $17,838,425 | $7,041,619 |
St Anns Warehouse Inc Brooklyn, NY | $32,618,208 | $8,833,127 |
One Club For Creativity Inc New York, NY | $23,237,696 | $9,988,732 |
Consensus Building Institute Inc Cambridge, MA | $9,333,296 | $7,559,086 |
Judd Foundation New York, NY | $82,389,087 | $7,883,436 |
Guild Hall Of East Hampton Inc East Hampton, NY | $35,896,554 | $17,394,413 |
City Lore Inc New York, NY | $1,966,661 | $4,516,520 |
New Haven International Festival Of Arts & Ideas Inc New Haven, CT | $2,354,201 | $4,042,570 |
Restart Factory Inc New York, NY | $6,049,280 | $3,828,840 |
Worcester Center For Performing Arts Inc Worcester, MA | $9,482,034 | $7,443,487 |
Norwalk Art Space Inc New York, NY | $124,938 | $3,539,843 |