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BOSTON MARINE SOCIETY: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
BOSTON MARINE SOCIETY (EIN 04-2139204)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-11-12
IRS object ID
201543169349301609
Schema version
2014v5.0
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

FieldValueIRS element (for citing)
Return2015-11-12T09:32:19-06:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN042943536PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Tonneson & Company IncBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1401 Edgewater Place Suite 300AddressLine1Txt
CityWakefieldCityNm
State AbbreviationMAStateAbbreviationCd
ZIP018806208ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN042139204EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Boston Marine SocietyBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBOSTBusinessNameControlTxt
Phone6172420522PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 1st Charlestown Navy Yd No 102AddressLine1Txt
CityBostonCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02129ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCaptain Jeffrey J HavlicekPersonNm
Person TitlePresidentPersonTitleTxt
Phone6172420522PhoneNum
Signature2015-11-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJohn T ParkerPreparerPersonNm
PTINP00854367PTIN
Phone7812459999PhoneNum
Preparation2015-11-12PreparationDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-04-25 22:37:26ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerCaptain Jeffrey J HavlicPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line121 Outlook RoadAddressLine1Txt
CitySwampscottCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01907ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$7,216,625GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website Addressbostonmarinesociety.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1754FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionPromote knowledge of the coast, relieve members & families of poverty & financially assist in the education & training of maritime academy students.ActivityOrMissionDesc
Voting Members Governing Body15VotingMembersGoverningBodyCnt
Voting Members Independent15VotingMembersIndependentCnt
Total Employee3TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm-$1,474NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$88,970PYContributionsGrantsAmt
CY Contributions Grants$102,284CYContributionsGrantsAmt
PY Program Service Revenue$7,320PYProgramServiceRevenueAmt
CY Program Service Revenue$7,320CYProgramServiceRevenueAmt
PY Investment Income$787,177PYInvestmentIncomeAmt
CY Investment Income$1,360,159CYInvestmentIncomeAmt
PY Other Revenue$273PYOtherRevenueAmt
CY Other Revenue$432CYOtherRevenueAmt
PY Total Revenue$883,740PYTotalRevenueAmt
CY Total Revenue$1,470,195CYTotalRevenueAmt
PY Grants And Similar Paid$159,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$159,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$100,647PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$102,121CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$388,968PYOtherExpensesAmt
CY Other Expenses$369,509CYOtherExpensesAmt
PY Total Expenses$648,615PYTotalExpensesAmt
CY Total Expenses$630,630CYTotalExpensesAmt
PY Revenues Less Expenses$235,125PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$839,565CYRevenuesLessExpensesAmt
Total Assets BOY$20,261,756TotalAssetsBOYAmt
Total Assets EOY$20,901,973TotalAssetsEOYAmt
Total Liabilities BOY$14,835TotalLiabilitiesBOYAmt
Total Liabilities EOY$10,033TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$20,246,921NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$20,891,940NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionPromote 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 Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$150,000ExpenseAmt
Grant$150,000GrantAmt
DescScholarships and memorial funds granted to Maritime academies and others associated with the education and preservation of the coast.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$9,000ExpenseAmt
Grant$9,000GrantAmt
DescFinancial aid and assistance to members & families in poverty.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$54,793ExpenseAmt
Revenue$432RevenueAmt
DescOther 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

FieldValueIRS element (for citing)
Expense$112,549ExpenseAmt
Revenue$7,320RevenueAmt
DescConferences and meetings to provide a forum for the discussion of the coast and to promote public awareness of the coast.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$112,549TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$7,320TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$326,342TotalProgramServiceExpensesAmt
Described In Section501c30DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld Compliance0BackupWthldComplianceInd
Employee3EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Form8899 Filedind0Form8899Filedind
Form1098 C Filed0Form1098CFiledInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members15GoverningBodyVotingMembersCnt
Independent Voting Member15IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Captain Carl A PotteyBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6172420522PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 1st Avenue Ste 102 CharlestownAddressLine1Txt
CityBostonCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02129ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
Captain Peter J Lawrence
Trustee2.00Yes (X)$0$0$0
Captain Stefan J Palmer
Trustee2.00Yes (X)$0$0$0
Captain Bruce F Porter
Trustee2.00Yes (X)$0$0$0
Captain Richard R Cunio
Trustee2.00Yes (X)$0$0$0
Captain Andrew Triandafilou
Trustee2.00Yes (X)$0$0$0
Captain Martin E Conroy Jr
Trustee2.00Yes (X)$0$0$0
Captain Michael R Burns
Trustee2.00Yes (X)$0$0$0
Captain Robert A Kolofsky
Trustee2.00Yes (X)$0$0$0
Captain David E Cox
Trustee2.00Yes (X)$0$0$0
Captain Charles G Gifford
Trustee2.00Yes (X)$0$0$0
Captain Jeffrey J Havlicek
President2.00Yes (X)$0$0$0Yes (X)
Captain Joseph K Fitzpatrick
Vice President2.00Yes (X)$0$0$0Yes (X)
Captain James P Crane
Secretary2.00Yes (X)$0$0$0Yes (X)
Captain Carl A Pottey
Treasurer2.00Yes (X)$0$0$0Yes (X)
Martha R Bagley Esq
Assistant Secretary/Treasurer2.00Yes (X)$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Membership Dues$3,284MembershipDuesAmt
All Other Contributions$99,000AllOtherContributionsAmt
Total Contributions$102,284TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescActivity FeesDesc
Business900099BusinessCd
Total Revenue Column$7,320TotalRevenueColumnAmt
Related Or Exempt Func Income$7,320RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$7,320TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$530,508TotalRevenueColumnAmt
Exclusion$530,508ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$6,576,081SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$5,746,430SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$829,651SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$829,651TotalRevenueColumnAmt
Exclusion$829,651ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOther Investment IncomeDesc
Business523000BusinessCd
Total Revenue Column$432TotalRevenueColumnAmt
Related Or Exempt Func Income$432RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$432OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,470,195TotalRevenueColumnAmt
Related Or Exempt Func Income$7,752RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$1,360,159ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$89,000TotalAmt
Program Services$89,000ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$70,000TotalAmt
Program Services$70,000ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$92,149TotalAmt
Program Services$46,074ProgramServicesAmt
Management And General$46,075ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$2,702TotalAmt
Program Services$1,351ProgramServicesAmt
Management And General$1,351ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$7,270TotalAmt
Program Services$3,635ProgramServicesAmt
Management And General$3,635ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$350TotalAmt
Program Services$350ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$14,733TotalAmt
Management And General$14,733ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$2,859TotalAmt
Program Services$2,859ProgramServicesAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$118,713TotalAmt
Management And General$118,713ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$13,065TotalAmt
Program Services$6,532ProgramServicesAmt
Management And General$6,533ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$70,864TotalAmt
Program Services$35,432ProgramServicesAmt
Management And General$35,432ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$4,429TotalAmt
Management And General$4,429ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$67,038TotalAmt
Program Services$67,038ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,048TotalAmt
Program Services$524ProgramServicesAmt
Management And General$524ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$36,397TotalAmt
Management And General$36,397ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtProgram ServicesProgramServicesAmt
Gifts$21,709$21,709
Miscellaneous$12,629$12,629
Telephone$3,756$1,878$1,878
Postage$1,669$1,669

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$250TotalAmt
Management And General$250ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$630,630TotalAmt
Program Services$326,342ProgramServicesAmt
Management And General$304,288ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$17,360BOYAmt
EOY$22,118EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$332,959BOYAmt
EOY$1,030,211EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$11,424BOYAmt
EOY$21,401EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$9,432LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,572LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$8,908BOYAmt
EOY$7,860EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$17,546,043BOYAmt
EOY$17,384,131EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$1,592,922BOYAmt
EOY$1,686,236EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$752,140BOYAmt
EOY$750,016EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$20,261,756BOYAmt
EOY$20,901,973EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$14,835BOYAmt
EOY$10,033EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$14,835BOYAmt
EOY$10,033EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$19,610,635BOYAmt
EOY$20,255,654EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$636,286BOYAmt
EOY$636,286EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$20,246,921BOYAmt
EOY$20,891,940EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$20,261,756BOYAmt
EOY$20,901,973EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$839,565ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$189,916NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$4,630OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting OtherYes (X)MethodOfAccountingOtherInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues NondedYes (1)SubstantiallyAllDuesNondedInd
Only In House Lobbying0OnlyInHouseLobbyingInd
Agree Carryover Prior Year0AgreeCarryoverPriorYearInd

Schedule D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

FieldValueIRS element (for citing)
Assets Included$720,396AssetsIncludedAmt
FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Solicited Assets Sale0SolicitedAssetsSaleInd

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$9,432OtherCostOrOtherBasisAmt
Depreciation$1,572DepreciationAmt
Book Value$7,860BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$7,860TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescAlternative InvestmentsDesc
Book Value$1,686,236BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$1,686,236TotalBookValueSecuritiesAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$1,280,279TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$189,916NetUnrealizedGainsInvstAmt
Revenue Not Reported-$189,916RevenueNotReportedAmt
Revenue Subtotal$1,470,195RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,470,195TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$635,260TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$635,260ExpensesSubtotalAmt
Other Expenses Not Included-$4,630OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt-$4,630ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$630,630TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
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, 2014, 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 2d - Other Adjustments:Accrual to cash basis adjustments
Part XII, Line 4b - Other Adjustments:Accrual to cash basis adjustments -4,630.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (9 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
Duxbury Bay Maritime School
PO Box 263 ADuxburyMA02331043348183501(c)(3)$5,000To support the Maritime Adventures program
Massachusetts Maritime Academy
101 Academy DriveBuzzards BayMA02532237025807501(c)(3)$15,000Construction of two Z-Drive Model SDM
Maine Maritime Academy
PO Box C-3CastineME04420016000724501(c)(3)$15,000Upgrade Bridge Simulator
USS Massachusetts Memorial Committee Inc
PO Box 111Fall RiverMA027220111042377049501(c)(3)$5,000Battleship Cove Community Boating program
Sail Salem Inc
23 Glendale StSalemMA01970208157746501(c)(3)$5,000Expand fleet of training vessels and hire executive director
The Boston Seaman's Friend Society
77 BroadwayChelseaMA02150042103913501(c)(3)$10,000Vehicle expensesSupport ongoing work of chaplain/fuel and personnel costs
New Bedford Whaling Museum
18 Johnny Cake HillNew BedfordMA02740042104805501(c)(3)$5,00038th Annual Whaling History Symposium
World Ocean School
PO Box 51091BostonMA02205020610358501(c)(3)$5,000Providing challenging educational programs aboard the schooner Roseway
(no name)
38th Annual Whaling History Symposium
FieldValueIRS element (for citing)
Total501c3 Org8Total501c3OrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (4 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
Scholarships for students attending Massachusetts Maritime Academy associated with the education & preservation of the coast.6$30,000
Scholarships for students attending Maine Maritime Academy associated with the education & preservation of the coast.20$30,000
Scholarship for student attending Maine Maritime Academy in the name of Captain Robert Spear.1$1,000
Relief grant funds provided to survivors of members who are in need of financial assistance.1$9,000

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 2:FormAndLineReferenceDesc
ExplanationGrantees 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 ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section A, line 6The 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 7aThe 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 7bDecisions of the Board of Trustees are subject to approval of the members.
Form 990, Part VI, Section B, line 11The Board of Trustees reviews Form 990 and it is approved by the audit and finance committee.
Form 990, Part VI, Section B, line 12cConflicts of interest are documented first and later discussed in Board of Directors meeting.
Form 990, Part VI, Section C, line 19The 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 -4,630.
Form 990, Part XII, Line 1Accounting Method: Modified Cash Basis
Form 990, Part XII, Line 2cThe 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.