Sound Experience
- Assets
- $1.5m
- Revenue
- $891.1k
- Investments
- $0.0
- Employees
- 25
- Location
- Port Townsend, WA
- Founding
- 05/1990
- Data as of
- 12/2023
- EIN
- 91-6170893
Organization Overview
Sound Experience is located in Port Townsend, WA. The organization was established in 1990. According to its NTEE Classification (U99) the organization is classified as: Science & Technology N.E.C., under the broad grouping of Science & Technology and related organizations. As of 12/2023, Sound Experience employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sound Experience 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 12/2023, Sound Experience generated $891.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $1.1m during the year ending 12/2023. While expenses have increased by 3.5% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATE, INSPIRE AND EMPOWER AN INCLUSIVE COMMUNITY THAT WORKS TO IMPROVE OUR MARINE ENVIRONMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOUND EXPERIENCE DELIVERED DAY AND OVERNIGHT PROGRAMS TO SOME 650 CHILDREN AND TEENS - TOTALING MORE THAN 3,000 ON-THE-WATER LEARNING HOURS - WHO CAME ABOARD THE SCHOONER ADVENTURESS FOR "EDUCATION UNDER SAIL" ON SALISH SEA ECOLOGY, STEM CONCEPTS, MARITIME SKILLS AND CAREER EXPLORATION. STUDENTS PARTICIPATE IN HANDS-ON LEARNING GUIDED BY 12 PROFESSIONAL CREWMEMBERS/EDUCATORS WHERE THEY LEARN NAVIGATION, SAIL THEORY, SAFETY PRACTICES AND SHIPBOARD DRILLS, HOW TO STAND ANCHOR WATCH, AND CURRENT ISSUES AFFECTING PUGET SOUND WATERWAYS, THE SALISH SEA AND THE WORLD'S OCEANS.
SOUND EXPERIENCE DELIVERED THE FIRST YEAR OF A 3-YEAR YOUTH MARITIME CAREER LAUNCH PROGRAM (YMCLP) IN PARTNERSHIP WITH ORGANIZATIONS INCLUDING URBAN LEAGUE OF METROPOLITAN SEATTLE AND MARITIME BLUE, AND SUPPORTED BY THE PORT OF SEATTLE. THE PROGRAM PROVIDED PAID INTERNSHIP OPPORTUNITIES, TRAINING AND EXPERIENCES THAT CONNECT TEENS AND YOUNG ADULTS AGES 18-24 TO PERMANENT EMPLOYMENT OPPORTUNITIES IN THE MARITIME INDUSTRY. THE PROGRAM INCLUDED MORE THAN 80 HOURS OF ON-THE-WATER TRAINING AND JOB SHADOWING TO PARTICIPATING YOUNG PEOPLE.
SOUND EXPERIENCE CONTINUED TO EXPERTLY MAINTAIN ITS NATIONAL HISTORIC LANDMARK, U.S. COAST GUARD COMMERCIALLY-LICENSED SAILING SHIP ADVENTURESS WITH REGULAR MAINTENANCE. DURING THE WINTER SEASON, THE ORGANIZATION COMPLETED THE FINAL ELEMENTS OF THE SHIP'S RESTORATION FABRICATING AND RETURNING THE TOPMASTS TO THE SCHOONER ADVENTURESS AND ADDING LEAD BALLAST TO THE KEEL. CREW AND VOLUNTEERS PARTICIPATED IN MORE THAN A THOUSAND HOURS OF ROUTINE MAINTENANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rusty Lhamon Board Member | Trustee | 2 | $0 |
Julie Masura President | OfficerTrustee | 2 | $0 |
Joshua Berger Board Member | Trustee | 2 | $0 |
Jim Congdon Board Member | Trustee | 2 | $0 |
Jason Karas Board Member | Trustee | 2 | $0 |
David Jackson Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $61,650 |
| Related organizations | $0 |
| Government grants | $28,272 |
| All other contributions, gifts, grants, and similar amounts not included above | $460,035 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $549,957 |
| Total Program Service Revenue | $344,091 |
| Investment income | $5,587 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$8,578 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $891,057 |
| 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. | $93,600 |
| Compensation of current officers, directors, key employees. | $23,400 |
| Compensation to disqualified persons | $463,644 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $7,215 |
| Other employee benefits | $40,901 |
| Payroll taxes | $55,398 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $53,736 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,108 |
| Advertising and promotion | $1,487 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,695 |
| Travel | $8,688 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,610 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $200,397 |
| Insurance | $45,144 |
| All other expenses | $37,887 |
| Total functional expenses | $1,119,353 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $130,341 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $41,483 |
| 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 | $1,381 |
| Prepaid expenses and deferred charges | $1,091 |
| Net Land, buildings, and equipment | $1,212,474 |
| Investments—publicly traded securities | $132,608 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,519,378 |
| Accounts payable and accrued expenses | $23,749 |
| 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 | $149,900 |
| Other liabilities | $0 |
| Total liabilities | $173,649 |
| Net assets without donor restrictions | $1,345,729 |
| 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 | $1,519,378 |