Friends Of Yaquina Lighthouses

Organization Overview

Friends Of Yaquina Lighthouses is located in Newport, OR. The organization was established in 1992. According to its NTEE Classification (O40) the organization is classified as: Scouting, under the broad grouping of Youth Development and related organizations. As of 12/2023, Friends Of Yaquina Lighthouses employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Yaquina Lighthouses 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, Friends Of Yaquina Lighthouses generated $247.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $187.3k during the year ending 12/2023. While expenses have increased by 2.9% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO AID IN THE RESTORATION AND PRESERVATION OF YAQUINA BAY AND YAQUINA HEAD LIGHTHOUSES AND SURROUNDING AREAS, AND TO INTERPRET THEIR NATURAL AND CULTURAL HISTORIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPERATED GIFT SHOP AT LIGHTHOUSE LOCATION. IN ADDITION TO RAISING FUNDS FOR THE ORGANIZATION, THE SHOPS SERVE TO INCREASE PUBLIC AWARENESS OF THE HISTORY OF THE LIGHTHOUSES AND THE ONGOING RESTORATION AND PRESERVATION EFFORTS.


EDUCATED THE PUBLIC ABOUT THE HISTORY OF THE TWO LIGHTHOUSES THROUGH TOURS, EXHIBITS AND DEMONSTRATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Martin Desmond
President
$0
Michelle Pelkey
Secretary
$0
Laurie Ferris
Director
$0
Richelle Burns
Director
$0
Bernard Cooperstein
Director
$0
Susan Painter
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$11,744
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$11,744
Total Program Service Revenue$0
Investment income $2,471
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $232,754
Miscellaneous Revenue$0
Total Revenue $246,969

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