Northwest Maritime Center
- Assets
- $21.7m
- Revenue
- $6.0m
- Investments
- $0.0
- Employees
- 133
- Location
- Port Townsend, WA
- Founding
- 04/1999
- Data as of
- 12/2022
- EIN
- 91-1931643
Organization Overview
Northwest Maritime Center is located in Port Townsend, WA. The organization was established in 1999. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Northwest Maritime Center employed 133 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northwest Maritime Center 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 12/2022, Northwest Maritime Center generated $6.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $6.7m during the year ending 12/2022. While expenses have increased by 12.5% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
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.
Describe the Organization's Program Activity:
EDUCATIONAL 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.
LARGE PUBLIC EVENTS INCLUDING THE PORT TOWNSEND WOODEN BOAT FESTIVAL AND THE RACE TO ALASKA ENGAGE TENS OF THOUSANDS OF PARTICIPANTS, ATTENDEES, AND FANS FROM AROUND THE WORLD WITH THE MARITIME TRADITIONS AND CULTURE OF THE PACIFIC NORTHWEST.
EDUCATIONAL AND COMMUNITY FACILITY USAGE INCLUDING BOATHOUSE AND PROGRAM FLEET THAT ENABLE PARTICIPANTS TO LEARN AND ENJOY TRADITIONAL BOATING SKILLS, MARITIME CIRCULATING LIBRARY, SYMPOSIUMS, EDUCATIONAL CONFERENCES, WORKSHOPS AND PUBLIC EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Oliver Director | Trustee | 1 | $0 |
Sally Goetz Shuler Director | Trustee | 1 | $0 |
Peter Geerlofs Director | Trustee | 1 | $0 |
Leeanne Schirato Secretary | OfficerTrustee | 2 | $0 |
Alex Adams Director | Trustee | 1 | $0 |
Mark Bunzel Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $98,227 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,677,589 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,059,672 |
| Noncash contributions included in lines 1a–1f | $503,454 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,835,488 |
| Total Program Service Revenue | $1,066,833 |
| Investment income | $2,215 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $238,970 |
| Net Gain/Loss on Asset Sales | -$137,357 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $371,387 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,024,513 |
| 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. | $444,126 |
| Compensation of current officers, directors, key employees. | $132,196 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,577,741 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $446,648 |
| Payroll taxes | $291,558 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $376,853 |
| Advertising and promotion | $103,074 |
| Office expenses | $0 |
| Information technology | $127,675 |
| Royalties | $0 |
| Occupancy | $155,657 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $78,655 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $557,886 |
| Insurance | $206,543 |
| All other expenses | $219,533 |
| Total functional expenses | $6,658,707 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,559,338 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,308,069 |
| Accounts receivable, net | $1,236,245 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $122,543 |
| Prepaid expenses and deferred charges | $95,705 |
| Net Land, buildings, and equipment | $14,362,526 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,024,618 |
| Total assets | $21,709,044 |
| Accounts payable and accrued expenses | $688,753 |
| Grants payable | $0 |
| Deferred revenue | $1,076,278 |
| 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 | $1,058,088 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $341,786 |
| Total liabilities | $3,164,905 |
| Net assets without donor restrictions | $15,936,499 |
| Net assets with donor restrictions | $2,607,640 |
| 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 | $21,709,044 |
Grants Awarded
Over the last fiscal year, Northwest Maritime Center has awarded $116,100 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
WESTERN FLYER PURPOSE: PROGRAM SUPPORT | $75,877 |
PORT TOWNSEND SCHOOL DISTRICT PURPOSE: PROGRAM SUPPORT | $40,223 |