BOSTON MARINE SOCIETY: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: BOSTON MARINE SOCIETY (EIN 04-2139204)
Tax period: 2023-01-01 to 2023-12-31
Filed: 2024-11-14
IRS object ID: 202443199349315309
Schema version: 2023v5.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule B
Schedule C
Schedule D
Schedule I
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-11-14T16:09:03-06:00	ReturnTs
Tax Period End	2023-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	042943536	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	TONNESON & COMPANY PC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	401 EDGEWATER PLACE SUITE 300	AddressLine1Txt
City	WAKEFIELD	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	018806208	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2023-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	042139204	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	BOSTON MARINE SOCIETY	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	BOST	BusinessNameControlTxt
Phone	6172420522	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	100 1ST AVE 102	AddressLine1Txt
City	BOSTON	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	02129	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	CAPTAIN JOHN F MULDERIG	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	7818209310	PhoneNum
Signature	2024-11-12	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (1)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	LYNETTE A SEQUEIRA	PreparerPersonNm
PTIN	P01518997	PTIN
Phone	7812459999	PhoneNum
Preparation	2024-11-12	PreparationDt

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2024-10-15 13:58:12Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	CAPTAIN JOHN F MULDERIG	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	236 OCEAN AVENUE	AddressLine1Txt
City	MARBLEHEAD	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	01945	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$6,321,158	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	BOSTONMARINESOCIETY.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1754	FormationYr
Legal Domicile State	MA	LegalDomicileStateCd
Activity Or Mission	PROMOTE KNOWLEDGE OF THE COAST, RELIEVE MEMBERS & FAMILIES OF POVERTY & FINANCIALLY ASSIST IN THE EDUCATION & TRAINING OF MARITIME ACADEMY STUDENTS.	ActivityOrMissionDesc
Voting Members Governing Body	15	VotingMembersGoverningBodyCnt
Voting Members Independent	15	VotingMembersIndependentCnt
Total Employee	3	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$45,050	PYContributionsGrantsAmt
CY Contributions Grants	$22,485	CYContributionsGrantsAmt
PY Program Service Revenue	$0	PYProgramServiceRevenueAmt
CY Program Service Revenue	$9,730	CYProgramServiceRevenueAmt
PY Investment Income	$867,961	PYInvestmentIncomeAmt
CY Investment Income	$598,484	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$913,011	PYTotalRevenueAmt
CY Total Revenue	$630,699	CYTotalRevenueAmt
PY Grants And Similar Paid	$185,000	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$184,000	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$111,791	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$128,683	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$492,908	PYOtherExpensesAmt
CY Other Expenses	$591,855	CYOtherExpensesAmt
PY Total Expenses	$789,699	PYTotalExpensesAmt
CY Total Expenses	$904,538	CYTotalExpensesAmt
PY Revenues Less Expenses	$123,312	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$273,839	CYRevenuesLessExpensesAmt
Total Assets BOY	$22,733,633	TotalAssetsBOYAmt
Total Assets EOY	$24,409,964	TotalAssetsEOYAmt
Total Liabilities BOY	$349,932	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$218,084	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$22,383,701	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$24,191,880	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	PROMOTE KNOWLEDGE OF THE COAST, RELIEVE MEMBERS AND FAMILIES OF POVERTY, AND FINANCIALLY ASSIST IN THE EDUCATION AND TRAINING OF MARITIME ACADEMY STUDENTS.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$172,500	ExpenseAmt
Grant	$172,500	GrantAmt
Desc	SCHOLARSHIPS AND MEMORIAL FUNDS GRANTED TO MARITIME ACADEMIES AND OTHERS ASSOCIATED WITH THE EDUCATION AND PRESERVATION OF THE COAST.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$11,500	ExpenseAmt
Grant	$11,500	GrantAmt
Desc	FINANCIAL AID AND ASSISTANCE TO MEMBERS & FAMILIES IN POVERTY.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$65,818	ExpenseAmt
Desc	OTHER EXPENSES TO MAINTAIN HISTORICAL ASSETS HELD BY THE SOCIETY THAT ARE USED TO EDUCATE THE PUBLIC ABOUT THE COAST.	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

Field	Value	IRS element (for citing)
Expense	$207,301	ExpenseAmt
Revenue	$9,730	RevenueAmt
Desc	CONFERENCES AND MEETINGS TO PROVIDE A FORUM FOR THE DISCUSSION OF THE COAST AND TO PROMOTE PUBLIC AWARENESS OF THE COAST.	Desc

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$207,301	TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue	$9,730	TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses	$457,119	TotalProgramServiceExpensesAmt
Described In Section501c3	0	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Subject To Proxy Tax	Yes (1)	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	Yes (1)	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	Yes (1)	GrantsToOrganizationsInd
Grants To Individuals	Yes (1)	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	0	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	3	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Form8899 Filedind	0	Form8899Filedind
Form1098 C Filed	0	Form1098CFiledInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	15	GoverningBodyVotingMembersCnt
Independent Voting Member	15	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	Yes (1)	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	0	WhistleblowerPolicyInd
Document Retention Policy	0	DocumentRetentionPolicyInd
Compensation Process CEO	0	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	MA	StatesWhereCopyOfReturnIsFldCd
Other Website	Yes (X)	OtherWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CAPTAIN MARTIN E CONROY JR	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	6172420522	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	100 1ST AVENUE STE 102 CHARLESTOWN	AddressLine1Txt
City	BOSTON	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	02129	ZIPCd

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd
CAPTAIN PETER J LAWRENCE
TRUSTEE	2.00	Yes (X)	$0	$0	$0
CAPTAIN STEFAN J PALMER
TRUSTEE	2.00	Yes (X)	$0	$0	$0
CAPTAIN BRUCE F PORTER
TRUSTEE	2.00	Yes (X)	$0	$0	$0
CAPTAIN ANDREW TRIANDAFILOU
TRUSTEE	2.00	Yes (X)	$0	$0	$0
CAPTAIN MICHAEL R BURNS JR
SECRETARY	2.00	Yes (X)	$0	$0	$0
CAPTAIN ROBERT A KOLOFSKY
TRUSTEE EMERITUS	2.00	Yes (X)	$0	$0	$0
CAPTAIN JAY C BURGESS
TRUSTEE	2.00	Yes (X)	$0	$0	$0
CAPTAIN CHARLES G GIFFORD
TRUSTEE	2.00	Yes (X)	$0	$0	$0
CAPTAIN JEFFREY J HAVLICEK
TRUSTEE	2.00	Yes (X)	$0	$0	$0
CAPTAIN A ROSS POPE
TRUSTEE EMERITUS	2.00	Yes (X)	$0	$0	$0
CAPTAIN CARL A POTTEY
TRUSTEE	2.00	Yes (X)	$0	$0	$0
CAPTAIN DAVID L HAGNER
TRUSTEE	2.00	Yes (X)	$0	$0	$0
CAPTAIN JOHN N HEALEY
TRUSTEE	2.00	Yes (X)	$0	$0	$0
CAPTAIN RICHARD R CUNIO
VICE PRESIDENT	2.00		$0	$0	$0	Yes (X)
CAPTAIN MARTIN E CONROY JR
TREASURER	2.00		$0	$0	$0	Yes (X)
CAPTAIN JOHN F MULDERIG
PRESIDENT	2.00		$0	$0	$0	Yes (X)
MARTHA R BAGLEY ESQ
ASSISTANT SECRETARY/TREASU	2.00		$0	$0	$0	Yes (X)
LISA V WALSH
EXECUTIVE DIRECTOR	40.00		$138,165	$0	$0		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$138,165	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	1	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MORGAN STANLEY	BusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	141 LONGWATER DRIVE STE 102	AddressLine1Txt
City	NORWELL	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	02061	ZIPCd

Field	Value	IRS element (for citing)
Services	INVESTMENT MANAGEMENT	ServicesDesc
Compensation	$139,363	CompensationAmt

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	1	CntrctRcvdGreaterThan100KCnt
Membership Dues	$1,345	MembershipDuesAmt
All Other Contributions	$21,140	AllOtherContributionsAmt
Total Contributions	$22,485	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	PROGRAM ACTIVITY FEES	Desc
Business	900099	BusinessCd
Total Revenue Column	$9,730	TotalRevenueColumnAmt
Related Or Exempt Func Income	$9,730	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$9,730	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$594,815	TotalRevenueColumnAmt
Exclusion	$594,815	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$5,694,128	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$5,690,459	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$3,669	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,669	TotalRevenueColumnAmt
Exclusion	$3,669	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$630,699	TotalRevenueColumnAmt
Related Or Exempt Func Income	$9,730	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$598,484	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$102,500	TotalAmt
Program Services	$102,500	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$81,500	TotalAmt
Program Services	$81,500	ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$115,705	TotalAmt
Program Services	$57,852	ProgramServicesAmt
Management And General	$57,853	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$4,588	TotalAmt
Program Services	$2,294	ProgramServicesAmt
Management And General	$2,294	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$8,390	TotalAmt
Program Services	$4,195	ProgramServicesAmt
Management And General	$4,195	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$1,925	TotalAmt
Management And General	$1,925	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$21,462	TotalAmt
Management And General	$21,462	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$139,363	TotalAmt
Management And General	$139,363	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$20,492	TotalAmt
Program Services	$10,246	ProgramServicesAmt
Management And General	$10,246	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$155,613	TotalAmt
Program Services	$77,806	ProgramServicesAmt
Management And General	$77,807	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$9,937	TotalAmt
Management And General	$9,937	ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$112,660	TotalAmt
Program Services	$112,660	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$2,954	TotalAmt
Program Services	$1,477	ProgramServicesAmt
Management And General	$1,477	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$50,864	TotalAmt
Management And General	$50,864	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
MISCELLANEOUS	$40,688	$0	$40,688
GIFTS	$29,052	$0	$29,052
TELEPHONE	$3,865	$3,865	$0
POSTAGE	$2,724	$2,724	$0

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$256	TotalAmt
Management And General	$256	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$904,538	TotalAmt
Program Services	$457,119	ProgramServicesAmt
Management And General	$447,419	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$17,563	BOYAmt
EOY	$22,653	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$135,452	BOYAmt
EOY	$64,185	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$39,294	BOYAmt
EOY	$38,115	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$51,392	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$43,025	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$11,320	BOYAmt
EOY	$8,367	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$20,398,565	BOYAmt
EOY	$22,224,617	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$1,058,648	BOYAmt
EOY	$1,093,525	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$1,072,791	BOYAmt
EOY	$958,502	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$22,733,633	BOYAmt
EOY	$24,409,964	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$12,368	BOYAmt
EOY	$11,997	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$337,564	BOYAmt
EOY	$206,087	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$349,932	BOYAmt
EOY	$218,084	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$21,747,415	BOYAmt
EOY	$23,555,594	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$636,286	BOYAmt
EOY	$636,286	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$22,383,701	BOYAmt
EOY	$24,191,880	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$22,733,633	BOYAmt
EOY	$24,409,964	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	-$273,839	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$2,070,995	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$11,023	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Other	Yes (X)	MethodOfAccountingOtherInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Substantially All Dues Nonded	Yes (1)	SubstantiallyAllDuesNondedInd
Only In House Lobbying	0	OnlyInHouseLobbyingInd
Agree Carryover Prior Year	0	AgreeCarryoverPriorYearInd

Schedule D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

Field	Value	IRS element (for citing)
Assets Included	$750,396	AssetsIncludedAmt

Held Works Art HeldWorksArtGrp

Field	Value	IRS element (for citing)
Assets Included	$750,396	AssetsIncludedAmt

Field	Value	IRS element (for citing)
Collection Used Pub Exhibition	Yes (X)	CollectionUsedPubExhibitionInd
Collection Used Preservation	Yes (X)	CollectionUsedPreservationInd
Solicited Assets Sale	0	SolicitedAssetsSaleInd

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$22,191	OtherCostOrOtherBasisAmt
Depreciation	$14,088	DepreciationAmt
Book Value	$8,103	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$29,201	OtherCostOrOtherBasisAmt
Depreciation	$28,937	DepreciationAmt
Book Value	$264	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$8,367	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
OPERATING LEASE LIABILITY - CURRENT	$136,420
OPERATING LEASE LIABILITY - LONG TERM	$69,667

Field	Value	IRS element (for citing)
Total Liability	$206,087	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$2,562,331	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$2,070,995	NetUnrealizedGainsInvstAmt
Revenue Not Reported	$2,070,995	RevenueNotReportedAmt
Revenue Subtotal	$491,336	RevenueSubtotalAmt
Investment Expenses Not Incld	$139,363	InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt	$139,363	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$630,699	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$754,152	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$754,152	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$139,363	InvestmentExpensesNotIncld2Amt
Other Expenses Not Included	$11,023	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$150,386	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$904,538	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART III, LINE 4:	THE SOCIETY HAS A COLLECTION OF INEXHAUSTIBLE ARTS AND BOOKS. THE ITEMS ARE ON DISPLAY AT THE SOCIETY'S OFFICES LOCATED IN THE BOSTON NATIONAL HISTORICAL PARK. THEY REVEAL NOT ONLY THE HISTORY OF A DISTINGUISHED INSTITUTION BUT ALSO HELP TELL THE STORY OF ONE OF THE AMERICA'S OLDEST AND MOST IMPORTANT PORTS.
PART X, LINE 2:	IN ACCORDANCE WITH SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THE SOCIETY IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON ITS INCOME AND, ACCORDINGLY, THE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES. INSTEAD, THE SOCIETY IS LIABLE FOR FEDERAL AND STATE TAXES ON THE SOCIETY'S UNRELATED TAXABLE BUSINESS INCOME. THESE DETERMINATIONS HAVE BEEN REVIEWED ACCORDING TO GUIDANCE IN A RECENT FINANCIAL ACCOUNTING STANDARDS BOARD PRONOUNCEMENT RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. IN DETERMINING THE RECOGNITION OF UNCERTAIN TAX POSITIONS, THE SOCIETY APPLIES A MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD AND DETERMINS THE MEASUREMENT OF UNCERTAIN TAX POSITIONS CONSIDERING THE AMOUNT AND PROBABILITIES OF THE OUTCOMES THAT COULD BE REALIZED UPON ULTIMATE SETTLEMENT WITH TAXING AUTHORITIES. AS OF DECEMBER 31, 2021, THE SOCIETY HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE SOCIETY IS GENERALLY SUBJECT TO POTENTIAL EXAMINATION BY TAXING JURISDICTIONS FOR THE THREE PRIOR YEARS.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	ACCRUAL TO CASH BASIS ADJUSTMENTS 371. BOOK TO TAX DIFFERENCE 10,652.

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Recipient Table RecipientTable (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Recipient EINRecipientEIN	IRC SectionIRCSectionDesc	Cash GrantCashGrantAmt	Non Cash AssistanceNonCashAssistanceAmt	Purpose Of GrantPurposeOfGrantTxt
MASSACHUSETTS MARITIME ACADEMY
101 ACADEMY DRIVE	BUZZARDS BAY	MA	02532	237025807	501(C)(3)	$20,000	$0	REPLACE WIRING, UPGRADE CONTROLS, UPGRADE VHF RADIOS AND ANTENNAS, INSTALL NEW GPS IN MODELS
MAINE MARITIME ACADEMY
PO BOX C-3	CASTINE	ME	04420	016000724	501(C)(3)	$20,000	$0	UPGRADE OF ECS AND RADAR UNITS OF T/V SUSAN CLARK
PENOBSCOT MARINE MUSEUM
2 CHURCH ST	SEAPORT	ME	04974	016015647	501(C)(3)	$10,000	$0	UP-KEEP OF EL FARO SALUTE SITE

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)

Grant TypeGrantTypeTxt	Cash GrantCashGrantAmt
SCHOLARSHIPS FOR STUDENTS ATTENDING MASSACHUSETTS MARITIME ACADEMY ASSOCIATED WITH THE EDUCATION & PRESERVATION OF THE COAST.	$35,000
SCHOLARSHIPS FOR STUDENTS ATTENDING MAINE MARITIME ACADEMY ASSOCIATED WITH THE EDUCATION & PRESERVATION OF THE COAST.	$35,000
RELIEF GRANT FUNDS PROVIDED TO SURVIVORS OF MEMBERS WHO ARE IN NEED OF FINANCIAL ASSISTANCE.	$11,500

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	GRANTEES ARE ENCOURAGED TO PROVIDE THE SOCIETY WITH SUMMARIES OF HOW THE GRANTEE ORGANIZATION UTILIZED THE FUNDS RECEIVED FROM THE BOSTON MARINE SOCIETY AND TO UPDATE THE SOCIETY ON THE SUCCESSES OF THE PROGRAMS THAT RECEIVED FUNDING.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6	THE ORGANIZATION HAS A BODY OF MEMBERSHIP THAT HAVE SUBMITTED APPLICATIONS FOR THEIR MEMBERSHIP TO THE BOARD OF TRUSTEES, WHO REVIEW AND APPROVE MEMBERSHIPS IN ACCORDANCE WITH THE SOCIETY'S BY-LAWS.
FORM 990, PART VI, SECTION A, LINE 7A	THE MEMBERSHIP OF THE SOCIETY ELECT THE MEMBERS OF THE BOARD OF TRUSTEES AT THE SOCIETY'S ANNUAL MEETING, WHICH IS HELD EACH YEAR IN NOVEMBER.
FORM 990, PART VI, SECTION A, LINE 7B	DECISIONS OF THE BOARD OF TRUSTEES ARE SUBJECT TO APPROVAL OF THE MEMBERS.
FORM 990, PART VI, SECTION B, LINE 11B	THE BOARD OF TRUSTEES REVIEWS FORM 990 AND IT IS APPROVED BY THE AUDIT AND FINANCE COMMITTEE.
FORM 990, PART VI, SECTION B, LINE 12C	CONFLICTS OF INTEREST ARE DOCUMENTED FIRST AND LATER DISCUSSED IN BOARD OF TRUSTEES MEETING.
FORM 990, PART VI, SECTION C, LINE 19	THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE SOCIETY'S OFFICE. ALSO, THE FINANCIAL STATEMENTS ARE ON FILE WITH THE MASSACHUSETTS ATTORNEY GENERAL'S OFFICE, PUBLIC CHARITIES DIVISION AS THE FINANCIAL STATEMENTS ARE REQUIRED TO BE SUBMITTED ANNUALLY WITH THE MASSACHUSETTS FORM PC.
FORM 990, PART XI, LINE 9:	EXPENSES ON 990 NOT RECORDED ON BOOKS(BOOK TO TAX DIFF-NET) 11,023.
FORM 990, PART XII, LINE 1	ACCOUNTING METHOD: MODIFIED CASH BASIS
FORM 990, PART XII, LINE 2C	THE SOCIETY'S TRUSTEES HAVE ESTABLISHED AN AUDIT COMMITTEE, MADE UP OF MEMBERS OF THE BOARD OF TRUSTEES THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF THE INDEPENDENT AUDITOR.