Steamship Historical Society Of America Inc
- Assets
- $1.6m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 6
- Location
- Warwick, RI
- Founding
- 07/2010
- Data as of
- 12/2021
- EIN
- 54-6053001
Organization Overview
Steamship Historical Society Of America Inc is located in Warwick, RI. The organization was established in 2010. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Steamship Historical Society Of America Inc employed 6 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Steamship Historical Society Of America 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 12/2021, Steamship Historical Society Of America Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $541.2k during the year ending 12/2021. While expenses have increased by 0.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE SOCIETY WAS ORGANIZED TO PRESERVE AND DISSEMINATE THE HISTORY OF ENGINE-POWERED VESSELS.
Describe the Organization's Program Activity:
THE STEAMSHIP HISTORICAL SOCIETY OF AMERICA PROMOTES AND COORDINATES THE ACTIVITIES OF COLLECTORS AND HISTORIANS OF MATERIAL RELATED TO STEAM AND OTHER POWER DRIVEN WATER VESSELS. POWERSHIPS IS AN 88-PAGE FULL COLOR PRINTED MAGAZINE, WHICH IS PUBLISHED AND DISTRIBUTED QUARTERLY. IT HAS BEEN CONTINUOUSLY PRODUCED SINCE 1940, WHEN IT BEGAN AS THE STEAMBOAT BILL OF FACTS. THE HISTORICAL COLLECTIONS OF THE SOCIETY CONSIST OF BOOKS, PRINTS, PAINTINGS, PHOTOGRAPHS, SLIDES, LITERATURE, MODELS AND OTHER MEMORABILIA RELATED TO ENGINE-POWERED WATER VESSELS. THE ORGANIZATION ALSO OPERATES THE 6,000+ SQUARE FOOT SHIP HISTORY CENTER, WHICH INCLUDES 10,000 VOLUME LIBRARY, HUNDREDS OF THOUSANDS OF PHOTOGRAPHS AND TENS OF THOUSANDS OF OTHER DOCUMENTS AND EPHEMERA RELATING TO THE HISTORY OF ENGINE-POWERED VESSELS. SSHSA EMPHASIZES THREE IMPORTANT MARITIME THEMES- IMMIGRATION, TRADE & LEISURE, AND FOCUSES ITS EDUCATIONAL OUTREACH TO THE NEXT GENERATION BY HIGHLIGHTING "S.T.E.A.M."-SCIENCE, TECHNOLOGY, ENGINEERING, ARTS AND MATH.
THE STEAMSHIP HISTORICAL SOCIETY OF AMERICA PROMOTES AND COORDINATES THE ACTIVITIES OF COLLECTORS AND HISTORIANS OF MATERIAL RELATED TO STEAM AND OTHER POWER DRIVEN WATER VESSELS. POWERSHIPS IS A QUARTERLY MAGAZINE THAT IS PRODUCED AND DISTRIBUTED, WHICH CONTAINS HISTORICAL AND CURRENT ARTICLES CONCERNING ENGINE-POWERED WATER VESSELS. THE HISTORICAL COLLECTIONS OF THE SOCIETY CONSIST OF BOOKS, PRINTS, PAINTINGS, PHOTOGRAPHS, SLIDES, LITERATURE, MODELS AND OTHER MEMORABILIA RELATED TO ENGINE-POWERED WATER VESSELS. THE ORGANIZATION ALSO MAINTAINS A LIBRARY WHICH CONTAINS INFORMATION ON THE HISTORY OF ENGINE-POWERED WATER VESSELS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew S Schulte Executive Di | $128,333 | ||
Patrick Dacey President | OfficerTrustee | $0 | |
Barry W Eager Vice Preside | OfficerTrustee | $0 | |
Nicholas Langhart Treasurer | OfficerTrustee | $0 | |
Andrew Coggins Secretary | OfficerTrustee | $0 | |
Donald Leavitt Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $116,901 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $56,100 |
| All other contributions, gifts, grants, and similar amounts not included above | $132,319 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $305,320 |
| Total Program Service Revenue | $0 |
| Investment income | $1,186 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $771,131 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $5,435 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,094,974 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $216,660 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $25,780 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $240 |
| Fees for services: Accounting | $10,727 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $175 |
| Fees for services: Other | $103,483 |
| Advertising and promotion | $14,703 |
| Office expenses | $13,481 |
| Information technology | $1,891 |
| Royalties | $0 |
| Occupancy | $13,133 |
| Travel | $1,342 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $22,965 |
| Payments to affiliates | $6 |
| Depreciation, depletion, and amortization | $653 |
| Insurance | $11,707 |
| All other expenses | $3,535 |
| Total functional expenses | $541,174 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $713,127 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $23,005 |
| Prepaid expenses and deferred charges | $2,881 |
| Net Land, buildings, and equipment | $752,078 |
| Investments—publicly traded securities | $114,231 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $8,870 |
| Other assets | $0 |
| Total assets | $1,614,192 |
| Accounts payable and accrued expenses | $8,071 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $711,405 |
| Total liabilities | $719,476 |
| Net assets without donor restrictions | $894,716 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,614,192 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Steamship Historical Society Of America Inc has recieved totaling $15,113.
| Awarding Organization | Amount |
|---|---|
The Rhode Island Community Foundation Providence, RI PURPOSE: EMPLOYEE MATCHING PROGRAM; FULL AHEAD! CAMPAIGN | $15,100 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $13 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Preservation Society Of Newport County Newport, RI | $83,597,126 | $27,874,827 |
New England Historic Genealogical Society Inc Boston, MA | $58,526,477 | $13,569,592 |
Connecticut Trust For Historic Preservation Hamden, CT | $2,880,357 | $12,511,714 |
The Josef And Anni Albers Foundation Inc Bethany, CT | $32,115,057 | $7,525,828 |
Massachusetts Historical Society Boston, MA | $153,195,244 | $13,508,822 |
Edward M Kennedy Institute For The United States Senate Inc Boston, MA | $123,530,650 | $3,733,081 |
Nantucket Historical Association Nantucket, MA | $54,222,410 | $8,695,480 |
Old Dartmouth Historical Society New Bedford, MA | $34,006,057 | $4,398,959 |
Longyear Foundation Chestnut Hill, MA | $89,717,861 | $3,937,071 |
Iyrs School Of Technology & Trades Newport, RI | $24,395,751 | $5,182,625 |
Connecticut Historical Society Hartford, CT | $72,727,103 | $6,569,476 |
Preserve Rhode Island Providence, RI | $13,128,578 | $4,482,092 |