BOSTON MARINE SOCIETY: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- BOSTON MARINE SOCIETY (EIN 04-2139204)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-11-15
- IRS object ID
- 201233209349302463
- Schema version
- 2011v1.2
- 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) |
|---|---|---|
| Timestamp | 2012-11-15T11:29:58-06:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042943536 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Tonneson & Company CPAs PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 Edgewater Place Suite 300 | AddressLine1 |
| City | Wakefield | City |
| State | MA | State |
| ZIP Code | 018806208 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042139204 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Boston Marine Society | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | BOST | NameControl |
| Phone | 6172420522 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | National Historic Park Charlestown | AddressLine1 |
| Address Line2 | Navy No Bld 32 | AddressLine2 |
| City | Boston | City |
| State | MA | State |
| ZIP Code | 02129 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Captain David E Cox | Name |
| Title | President | Title |
| Phone | 6178460187 | Phone |
| Date Signed | 2012-11-13 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Heidi E MacLean | Name |
| PTIN | P00840184 | PTIN |
| Phone | 7812459999 | Phone |
| Date Prepared | 2012-11-13 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Captain David E Cox | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 136 Cottage Park Road | AddressLine1 |
| City | Winthrop | City |
| State | MA | State |
| ZIP Code | 02152 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 19196584 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | bostonmarinesociety.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1754 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | Promote knowledge of the coast, relieve members & families of poverty & financially assist in the education & training of maritime academy students. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 15 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 15 | NbrIndependentVotingMembers |
| Total Nbr Employees | 2 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 88435 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 90800 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 7200 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 6720 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 507941 | InvestmentIncomePriorYear |
| Investment Income Current Year | 2673213 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 21025 | OtherRevenuePriorYear |
| Other Revenue Current Year | 20495 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 624601 | TotalRevenuePriorYear |
| Total Revenue Current Year | 2791228 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 191000 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 186000 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 89928 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 89335 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 327666 | OtherExpensePriorYear |
| Other Expenses Current Year | 333489 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 608594 | TotalExpensesPriorYear |
| Total Expenses Current Year | 608824 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 16007 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 2182404 | RevenuesLessExpensesCY |
| Total Assets BOY | 17371815 | TotalAssetsBOY |
| Total Assets EOY | 17273667 | TotalAssetsEOY |
| Total Liabilities BOY | 4109 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 2838 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 17367706 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 17270829 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | Promote knowledge of the coast, relieve members and families of poverty, and financially assist in the education and training of maritime academy students. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 150000 | Expense |
| Grants | 150000 | Grants |
| Revenue | 0 | Revenue |
| Description | Scholarships and memorial funds granted to Maritime academies and others associated with the education and preservation of the coast. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 36000 | Expense |
| Grants | 36000 | Grants |
| Revenue | 0 | Revenue |
| Description | Financial aid and assistance to members & families in poverty. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 89029 | Expense |
| Revenue | 0 | Revenue |
| Description | Other expenses to maintain historical assets held by the Society that are used to educate the public about the coast. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 91714 | Expense |
| Revenue | 6720 | Revenue |
| Description | Conferences and meetings to provide a forum for the discussion of the coast and to promote public awareness of the coast. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 91714 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 6720 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 366743 | TotalProgramServiceExpense |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Subject To Proxy Tax | 1 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 0 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 0 | ComplianceWithBackupWitholding |
| Number Of Employees | 2 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form8899 Filed | 0 | Form8899Filed |
| Form1098 C Filed | 0 | Form1098CFiled |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 15 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 15 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Captain J Kerry Fitzpatrick | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6172420522 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Natl Historic Park Bldg 32 | AddressLine1 |
| City | Boston | City |
| State | MA | State |
| ZIP Code | 02129 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (15 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| Captain Peter J Lawrence | ||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |
| Captain Stefan J Palmer | ||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |
| Captain Bruce F Porter | ||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |
| Captain Carl A Pottey | ||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |
| Captain Andrew Triandafilou | ||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |
| Captain Martin E Conroy Jr | ||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |
| Captain Harold W Coburn | ||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |
| Captain Robert A Kolofsky | ||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |
| Captain James P Crane | ||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |
| Captain Charles G Gifford | ||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |
| Captain David E Cox | ||||||
| President | 2.00 | X | 0 | 0 | 0 | X |
| Captain Jeffrey J Havlicek | ||||||
| Vice President | 2.00 | X | 0 | 0 | 0 | X |
| Captain Joseph K Fitzpatrick | ||||||
| Treasurer | 2.00 | X | 0 | 0 | 0 | X |
| Captain Thomas S Laird | ||||||
| Secretary | 2.00 | X | 0 | 0 | 0 | X |
| Ralph R Bagley | ||||||
| Assistant Treasurer/Secret | 2.00 | X | 0 | 0 | 0 | X |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Membership Dues | 800 | MembershipDues |
| All Other Contributions | 90000 | AllOtherContributions |
| Total Contributions | 90800 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Activity Fees | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 6720 | TotalRevenueColumn |
| Related Or Exempt Function Income | 6720 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 6720 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 432722 | TotalRevenueColumn |
| Exclusion | $432,722 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 18645847 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 16405356 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2240491 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2240491 | TotalRevenueColumn |
| Exclusion | $2,240,491 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Other Investment Incom | Description |
| Business Code | 523000 | BusinessCode |
| Total Revenue Column | 20495 | TotalRevenueColumn |
| Related Or Exempt Function Income | 20495 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 20495 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2791228 | TotalRevenueColumn |
| Related Or Exempt Function Income | 27215 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $2,673,213 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 83000 | Total |
| Program Services | 83000 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 103000 | Total |
| Program Services | 103000 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 82348 | Total |
| Program Services | 41174 | ProgramServices |
| Management And General | 41174 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4925 | Total |
| Program Services | 2463 | ProgramServices |
| Management And General | 2462 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2062 | Total |
| Program Services | 1031 | ProgramServices |
| Management And General | 1031 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11252 | Total |
| Program Services | 11252 | ProgramServices |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13920 | Total |
| Management And General | 13920 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 33109 | Total |
| Program Services | 33109 | ProgramServices |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 99896 | Total |
| Management And General | 99896 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15987 | Total |
| Program Services | 7994 | ProgramServices |
| Management And General | 7993 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13974 | Total |
| Program Services | 6987 | ProgramServices |
| Management And General | 6987 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2135 | Total |
| Management And General | 2135 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 73182 | Total |
| Program Services | 73182 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35517 | Total |
| Management And General | 35517 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Management And GeneralManagementAndGeneral | Program ServicesProgramServices |
|---|---|---|---|
| Miscellaneous | 15273 | 15273 | |
| Foreign and Other Taxes | 7600 | 7600 | |
| Gifts | 6055 | 6055 | |
| Telephone | 4076 | 2038 | 2038 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1513 | Total |
| Program Services | 1513 | ProgramServices |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 608824 | Total |
| Program Services | 366743 | ProgramServices |
| Management And General | 242081 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 35777 | BOY |
| EOY | 18108 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 398820 | BOY |
| EOY | 1047563 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12521 | BOY |
| EOY | 12521 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14990333 | BOY |
| EOY | 14277037 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1167798 | BOY |
| EOY | 1168090 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 766566 | BOY |
| EOY | 750348 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17371815 | BOY |
| EOY | 17273667 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4109 | BOY |
| EOY | 2838 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4109 | BOY |
| EOY | 2838 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16731420 | BOY |
| EOY | 16634543 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 636286 | BOY |
| EOY | 636286 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17367706 | BOY |
| EOY | 17270829 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17371815 | BOY |
| EOY | 17273667 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 2182404 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -2279281 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Other | X | MethodOfAccountingOther |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantially All Dues Nondeduct | 1 | SubstantiallyAllDuesNondeduct |
| Only In House Lobbying | 0 | OnlyInHouseLobbying |
| Agree To Carryover Prior Year | 0 | AgreeToCarryoverPriorYear |
Schedule D IRS990ScheduleD
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets In Part X | 719396 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
| Total Of Book Value Land Buildings | 0 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Alternative Investments | Description |
| Book Value | 1168090 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 1168090 | TotalOfBookValueSecurities |
| Total Revenue | 2791228 | TotalRevenue |
| Total Expenses | 608824 | TotalExpenses |
| Excess Or Deficit For Year | 2182404 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -2263063 | NetUnrealizedGLOnInvestments |
| Other | -$16,218 | OtherAmount |
| Total Adjustments | -2279281 | TotalAdjustments |
| Excess Or Deficit Per FS | -96877 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 583947 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -2263063 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 72000 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | -16218 | OtherRevenues |
| Revenue Not Rptd F990 | -2207281 | RevenueNotRptdF990 |
| Revenue Subtotal | 2791228 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 2791228 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 680824 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 72000 | DonatedServicesUseOfFacilities |
| Expenses Not Rptd F990 | 72000 | ExpensesNotRptdF990 |
| Expenses Subtotal | 608824 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 608824 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| 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: | In accordance with Section 501(c)(3) of the Internal Revenue Code, the Society is exempt from federal and state income taxes and, accordingly, the financial statements do not reflect a provision for income taxes. 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 now applies a more-likely-than-not recognition threshold and determines the measurement of uncertain tax positions considering the amounts and probabilities of the outcomes that could be realized upon the ultimate settlement with taxing authorities. As of December 31, 2011, the Society has no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. | Description of Uncertain Tax Positions Under FIN 48: |
| Loss on books not listed on Form 990 -16,218. | Part XI, Line 8 - Other Adjustments: | |
| Schedule D, Part XI, line 8: $(16,218) Loss on books not listed on Form 990 Schedule D, Part XII, line 2d: $(16,218) Loss on books not listed on Form 990 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (4 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|
| Duxbury Bay Maritime School | |||||||
| PO Box 263 A | Duxbury | MA | 02331 | 043348183 | 501(c)(3) | 5000 | To support the Maritime Adventures program. |
| Massachusetts Maritime Academy | |||||||
| 101 Academy Drive | Buzzards Bay | MA | 02532 | 237025807 | 501(c)(3) | 25000 | Upgrade navigation lab on T.S. Kennedy |
| Maine Maritime Academy | |||||||
| PO Box C-3 | Castine | ME | 04420 | 016000724 | 501(c)(3) | 25000 | Upgrade liquid cargo simulator |
| USS Massachusetts Memorial Committee Inc | |||||||
| PO Box 111 | Fall River | MA | 027220111 | 042377049 | 501(c)(3) | 5000 | Battleship Cove Community Boating program. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 4 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part III Form990ScheduleIPartIII (4 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| Scholarships for students attending Massachusetts Maritime Academy associated with the education & preservation of the coast. | 6 | 30000 |
| Scholarships for students attending Maine Maritime Academy associated with the education & preservation of the coast. | 11 | 30000 |
| Sea term scholarship for license track cadets in the name of Thomas E. Burke. | 1 | 5000 |
| Relief grant funds provided to survivors of members who are in need of financial assistance. | 5 | 36000 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants in the U.S.: | Identifier |
| Return Reference | Part I, Line 2: | ReturnReference |
| Explanation | Schedule I, Part I, Line 2: 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. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| 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 Societies by-laws. | |
| Form 990, Part VI, Section A, line 7a | The membership of the Society elect the 15 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 5: | Net unrealized losses on investments: -2,263,063. Loss on books not listed on Form 990 -16,218. Total to Form 990, Part XI, Line 5: -2,279,281. | Changes in Net Assets or Fund Balances: |