BOSTON MARINE SOCIETY: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- BOSTON MARINE SOCIETY (EIN 04-2139204)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-11-08
- IRS object ID
- 201623139349302112
- Schema version
- 2015v2.1
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-11-08T14:18:18-06:00 | ReturnTs |
| Tax Period End | 2015-12-31 | 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 | 2015-01-01 | 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 No 102 | AddressLine1Txt |
| City | Boston | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02129 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Captain J Kerry Fitzpatrick | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 7819341588 | PhoneNum |
| Signature | 2016-10-20 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | John T Parker | PreparerPersonNm |
| PTIN | P00854367 | PTIN |
| Phone | 7812459999 | PhoneNum |
| Preparation | 2016-10-10 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Captain J Kerry Fitzpatr | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 59 Bay Farm Road | AddressLine1Txt |
| City | Duxbury | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02331 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $9,273,314 | 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 | -$8,928 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $102,284 | PYContributionsGrantsAmt |
| CY Contributions Grants | $89,560 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $7,320 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $7,920 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,360,159 | PYInvestmentIncomeAmt |
| CY Investment Income | $649,879 | CYInvestmentIncomeAmt |
| PY Other Revenue | $432 | PYOtherRevenueAmt |
| CY Other Revenue | $1,181 | CYOtherRevenueAmt |
| PY Total Revenue | $1,470,195 | PYTotalRevenueAmt |
| CY Total Revenue | $748,540 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $159,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $174,230 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $102,121 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $120,410 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $369,509 | PYOtherExpensesAmt |
| CY Other Expenses | $451,803 | CYOtherExpensesAmt |
| PY Total Expenses | $630,630 | PYTotalExpensesAmt |
| CY Total Expenses | $746,443 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $839,565 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,097 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $20,901,973 | TotalAssetsBOYAmt |
| Total Assets EOY | $19,860,114 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $10,033 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $37,277 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $20,891,940 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $19,822,837 | 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 | $165,230 | ExpenseAmt |
| Grant | $165,230 | 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 | $9,000 | ExpenseAmt |
| Grant | $9,000 | GrantAmt |
| Desc | Financial aid and assistance to members & families in poverty. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $63,442 | ExpenseAmt |
| Revenue | $1,181 | RevenueAmt |
| 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 | $133,979 | ExpenseAmt |
| Revenue | $7,920 | 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 | $133,979 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $7,920 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $371,651 | 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 |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | 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 With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| 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 |
| Backup Wthld Compliance | 0 | BackupWthldComplianceInd |
| Employee | 3 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| 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 |
| 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 Charles G Gifford | 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 (15 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| 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 Richard R Cunio | ||||||
| Secretary | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Captain Andrew Triandafilou | ||||||
| Trustee | 2.00 | Yes (X) | $0 | $0 | $0 | |
| Captain Martin E Conroy Jr | ||||||
| Trustee | 2.00 | Yes (X) | $0 | $0 | $0 | |
| Captain Michael R Burns Jr | ||||||
| Trustee | 2.00 | Yes (X) | $0 | $0 | $0 | |
| Captain Robert A Kolofsky | ||||||
| Trustee | 2.00 | Yes (X) | $0 | $0 | $0 | |
| Captain David E Cox | ||||||
| Trustee | 2.00 | Yes (X) | $0 | $0 | $0 | |
| Captain Charles G Gifford | ||||||
| Treasurer | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Captain Jeffrey J Havlicek | ||||||
| Trustee (Former President) | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Captain Joseph K Fitzpatrick | ||||||
| President | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Captain John F Mulderig | ||||||
| Trustee | 2.00 | Yes (X) | $0 | $0 | $0 | |
| Captain Carl A Pottey | ||||||
| Vice President | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Martha R Bagley Esq | ||||||
| Assistant Secretary/Treasu | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | 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 | 600 Longwater Dr STE 202 | AddressLine1Txt |
| City | Norwell | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02061 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | Investment Management | ServicesDesc |
| Compensation | $117,316 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $2,160 | MembershipDuesAmt |
| All Other Contributions | $87,400 | AllOtherContributionsAmt |
| Total Contributions | $89,560 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Activity Fees | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $7,920 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $7,920 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $7,920 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $462,403 | TotalRevenueColumnAmt |
| Exclusion | $462,403 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $8,712,250 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $8,517,438 | SecuritiesAmt |
| Other | $7,336 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $194,812 | SecuritiesAmt |
| Other | -$7,336 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $187,476 | TotalRevenueColumnAmt |
| Exclusion | $187,476 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other Investment Income | Desc |
| Business | 523000 | BusinessCd |
| Total Revenue Column | $1,181 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,181 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,181 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $748,540 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $9,101 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $649,879 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $95,230 | TotalAmt |
| Program Services | $95,230 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $79,000 | TotalAmt |
| Program Services | $79,000 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $109,006 | TotalAmt |
| Program Services | $54,503 | ProgramServicesAmt |
| Management And General | $54,503 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,789 | TotalAmt |
| Program Services | $1,394 | ProgramServicesAmt |
| Management And General | $1,395 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,615 | TotalAmt |
| Program Services | $4,307 | ProgramServicesAmt |
| Management And General | $4,308 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $822 | TotalAmt |
| Program Services | $822 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,913 | TotalAmt |
| Management And General | $14,913 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $117,137 | TotalAmt |
| Management And General | $117,137 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,305 | TotalAmt |
| Management And General | $1,305 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,965 | TotalAmt |
| Program Services | $15,482 | ProgramServicesAmt |
| Management And General | $15,483 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $97,481 | TotalAmt |
| Program Services | $48,740 | ProgramServicesAmt |
| Management And General | $48,741 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,091 | TotalAmt |
| Management And General | $4,091 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $65,959 | TotalAmt |
| Program Services | $65,959 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,833 | TotalAmt |
| Program Services | $2,416 | ProgramServicesAmt |
| Management And General | $2,417 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $46,488 | TotalAmt |
| Management And General | $46,488 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | Program ServicesProgramServicesAmt |
|---|---|---|---|
| Miscellaneous | $51,335 | $51,335 | |
| Gifts | $10,070 | $10,070 | |
| Telephone | $4,711 | $2,356 | $2,355 |
| Postage | $1,443 | $1,443 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $250 | TotalAmt |
| Management And General | $250 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $746,443 | TotalAmt |
| Program Services | $371,651 | ProgramServicesAmt |
| Management And General | $374,792 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,118 | BOYAmt |
| EOY | $39,782 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,030,211 | BOYAmt |
| EOY | $582,668 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,401 | BOYAmt |
| EOY | $58,663 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $33,098 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $4,309 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,860 | BOYAmt |
| EOY | $28,789 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,384,131 | BOYAmt |
| EOY | $16,761,069 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,686,236 | BOYAmt |
| EOY | $1,624,151 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $750,016 | BOYAmt |
| EOY | $764,992 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,901,973 | BOYAmt |
| EOY | $19,860,114 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,033 | BOYAmt |
| EOY | $37,277 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,033 | BOYAmt |
| EOY | $37,277 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,255,654 | BOYAmt |
| EOY | $19,186,551 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| 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 | $20,891,940 | BOYAmt |
| EOY | $19,822,837 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,901,973 | BOYAmt |
| EOY | $19,860,114 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $2,097 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$1,062,792 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$8,408 | 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 | $740,396 | 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 | $9,795 | OtherCostOrOtherBasisAmt |
| Depreciation | $980 | DepreciationAmt |
| Book Value | $8,815 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $23,303 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,329 | DepreciationAmt |
| Book Value | $19,974 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $28,789 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Alternative Investments | Desc |
| Book Value | $1,624,151 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $1,624,151 | TotalBookValueSecuritiesAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | -$306,916 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$1,062,792 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$1,062,792 | RevenueNotReportedAmt |
| Revenue Subtotal | $755,876 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$7,336 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$7,336 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $748,540 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $762,187 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $7,336 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $7,336 | ExpensesNotReportedAmt |
| Expenses Subtotal | $754,851 | ExpensesSubtotalAmt |
| Other Expenses Not Included | -$8,408 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | -$8,408 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $746,443 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 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. As of December 31, 2015, 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 XI, Line 4b - Other Adjustments: | Loss on disposal of assets -7,336. |
| Part XII, Line 2d - Other Adjustments: | Loss on disposal of assets 7,336. |
| Part XII, Line 4b - Other Adjustments: | Accrual to cash basis adjustments -8,408. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (9 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| Duxbury Bay Maritime School | |||||||
| PO Box 263 A | Duxbury | MA | 02331 | 043348183 | 501(c)(3) | $5,000 | To support the Maritime Adventures program |
| Massachusetts Maritime Academy | |||||||
| 101 Academy Drive | Buzzards Bay | MA | 02532 | 237025807 | 501(c)(3) | $15,000 | GPS receiver and fathometer repeater for navigation lab |
| Maine Maritime Academy | |||||||
| PO Box C-3 | Castine | ME | 04420 | 016000724 | 501(c)(3) | $20,000 | 6 workstation RADAR/ARPA simulator labUpgrade Bridge Simulator |
| USS Constitution Museum | |||||||
| Charlestown Navy Yard Building 22 | Charlestown | MA | 02129 | 042505888 | 501(c)(3) | $5,000 | Support Ship Model Show Nov. 2015 - Jan 2016 |
| Sail Salem Inc | |||||||
| 23 Glendale St | Salem | MA | 01970 | 208157746 | 501(c)(3) | $5,000 | Expand fleet of training vessels and hire executive director |
| The Boston Seaman's Friend Society | |||||||
| 77 Broadway | Chelsea | MA | 02150 | 042103913 | 501(c)(3) | $10,000 | Vehicle expenses and support ongoing work of chaplain ship visiting services in port of Boston/Chelsea |
| Hull Lifesaving Museum | |||||||
| 1117 Nantasket Avenue PO Box 221 | Hull | MA | 02045 | 042738797 | 501(c)(3) | $5,000 | Support Home Waters Program |
| World Ocean School | |||||||
| PO Box 51091 | Boston | MA | 02205 | 020610358 | 501(c)(3) | $5,000 | Providing challenging educational programs aboard the schooner Roseway |
| Propeller Club of Boston Inc | |||||||
| 256 Marginal Street | East Boston | MA | 02128 | 001175083 | 501(c)(3) | $15,000 | Support of efforts to secure funding for Boston Harbor Dredging Project |
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. | $9,000 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | Grantees are encouranged 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 11 | 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 Directors 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 books not recorded on Form 990 -8,408. |
| 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. |