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Nonprofiteer
← FISHTOWN PRESERVATION SOCIETY INC

Form 990 for tax year 2023

Filed by FISHTOWN PRESERVATION SOCIETY INC.

Totals

Total revenue
$668,320
Total expenses
$347,877
Contributions and grants received
$510,850
Grants paid
$0
Program service revenue
$24,841
Investment income
$149,228
Other revenue
-$16,599
Total assets, end of year
$10,405,887
Total liabilities, end of year
$56,388
Net assets or fund balances, end of year
$10,349,499
Program services expenses (Part IX)
$181,961
Management and general expenses
$139,602
Fundraising expenses
$26,314
Program service expenses (Part III)
$181,961

Program services were 52.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $4,000

  • 1f · All other contributions, gifts and grants

    $506,850

  • 2a · Program service revenue: PROGRAM SERVICE REVENUE

    total $24,841 · related or exempt $24,841

  • 3 · Investment income

    total $149,228 · related or exempt $72,918 · excluded $76,310

  • 6a · Gross rents

    real property $128,433

  • 6b · Less rental expenses

    real property $172,374

  • 6c · Rental income or loss

    real property -$43,941

  • 6d · Net rental income or loss

    total -$43,941 · unrelated business -$43,941

  • 8a · Fundraising events: gross income

    $37,807

  • 8b · Fundraising events: direct expenses

    $32,351

  • 8c · Net income from fundraising events

    total $5,456

  • 11a · Other revenue: PROMOTIONAL SALES INCOME

    total $21,886 · related or exempt $21,886

  • 11e · Other revenue, total

    $21,886

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $154,517 · program services $70,094 · management and general $70,636 · fundraising $13,787

  • 11c · Fees: accounting

    total $13,985 · management and general $13,985

  • 11g · Fees: other

    total $14,394 · management and general $14,394

  • 12 · Advertising and promotion

    total $333 · program services $176 · management and general $157

  • 13 · Office expenses

    total $12,183 · program services $39 · management and general $8,299 · fundraising $3,845

  • 16 · Occupancy

    total $10,896 · management and general $10,896

  • 17 · Travel

    total $1,488 · program services $722 · management and general $766

  • 22 · Depreciation, depletion and amortization

    total $35,459 · program services $33,031 · management and general $2,428

  • 23 · Insurance

    total $30,459 · program services $17,316 · management and general $13,143

  • 24a · Other expenses: FISHING OPERATIONS

    total $31,613 · program services $31,613

  • 24b · Other expenses: MISCELLANEOUS

    total $10,725 · program services $810 · management and general $1,233 · fundraising $8,682

  • 24c · Other expenses: COST OF GOODS SOLD

    total $10,625 · program services $10,625

  • 24d · Other expenses: REPAIRS AND MAINTENANCE

    total $9,515 · program services $9,505 · management and general $10

  • 24e · All other expenses

    total $11,685 · program services $8,030 · management and general $3,655

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,061,498 · end of year $822,536

  • 2 · Savings and temporary cash investments

    beginning of year $2,436,835 · end of year $2,616,317

  • 3 · Pledges and grants receivable

    beginning of year $53,300 · end of year $13,000

  • 4 · Accounts receivable

    end of year $643

  • 8 · Inventories for sale or use

    beginning of year $12,332 · end of year $19,441

  • 9 · Prepaid expenses and deferred charges

    beginning of year $6,311 · end of year $6,690

  • 10a · Land, buildings and equipment: cost or other basis

    $6,435,148

  • 10b · Land, buildings and equipment: accumulated depreciation

    $824,865

  • 10c · Land, buildings and equipment, net

    beginning of year $5,204,116 · end of year $5,610,283

  • 15 · Other assets

    beginning of year $1,327,000 · end of year $1,316,977

  • 17 · Accounts payable and accrued expenses

    beginning of year $39,450 · end of year $35,406

  • 19 · Deferred revenue

    beginning of year $32,886 · end of year $20,982

  • 27 · Net assets without donor restrictions

    beginning of year $7,511,921 · end of year $7,703,205

  • 28 · Net assets with donor restrictions

    beginning of year $2,517,135 · end of year $2,646,294

Mission and programs · 2023

Mission

FISHTOWN PRESERVATION SOCIETY EXISTS TO ASSURE PUBLIC ACCESS TO FISHTOWN AND MAINTAIN ITS HISTORICAL INTEGRITY, WORKING WATERFRONT, ARTIFACTS AND STORIES THROUGH PRESERVATION, EDUCATION AND STEWARDSHIP.

  • PURSUED EDUCATIONAL ACTIVITIES TO INFORM THE PUBLIC OF THE IMPORTANT HISTORICAL ROLE COMMERCIAL FISHING HAS PLAYED IN THE DEVELOPMENT OF THE AREA, INCLUDING FISHING OPERATIONS USING RESTORED HISTORIC FISHING VESSELS.

    Expenses $181,961

  • PURSUED EDUCATIONAL ACTIVITIES TO INFORM THE PUBLIC OF THE IMPORTANT HISTORICAL ROLE COMMERCIAL FISHING HAS PLAYED IN THE DEVELOPMENT OF THE AREA, INCLUDING FISHING OPERATIONS USING RESTORED HISTORIC FISHING VESSELS.

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Matt Anhut

    DIRECTOR

    Total calculated
    $0

  • David Burkhardt

    PRES & DIREC

    Total calculated
    $0

  • Sandra Clark

    DIRECTOR

    Total calculated
    $0

  • Kathryn Bishop Eckert

    CHAIR & DIRE

    Total calculated
    $0

  • Berkley W Duck III

    DIRECTOR

    Total calculated
    $0

  • George Meeker

    DIRECTOR

    Total calculated
    $0

  • Brian Price

    DIRECTOR

    Total calculated
    $0

  • Ken Richmond

    DIRECTOR

    Total calculated
    $0

  • James D Ristine

    DIRECTOR

    Total calculated
    $0

  • Kevin Shea

    DIRECTOR

    Total calculated
    $0

  • George Strietmann

    DIRECTOR

    Total calculated
    $0

  • Joanie Woods

    A TREAS & DI

    Total calculated
    $0

  • Scot Zimmerman

    TREASURER &

    Total calculated
    $0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
8 July 2024
IRS schema version
2023v5.0
Source object
202442599349300104

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