2024-10-09T16:56:18-05:00 2023-12-31 952302617 SINGERLEWAK LLP 2010 MAIN ST STE 300 IRVINE CA 92614 990 2023-01-01 263934742 PACIFIC BATTLESHIP CENTER PACI 8774469261 250 SOUTH HARBOR BLVD BERTH 87 SAN PEDRO CA 90731 ROSS O'BRIEN TREASURER/CFO 8774469261 2024-10-02 1 0 NANAZ BENYAMINI P00666808 9492618600 2024-10-02 2023 2024-10-15 13:58:12Z ROSS O'BRIEN 250 SOUTH HARBOR BLVD BERTH 87 SAN PEDRO CA 90731 6657715 0 X WWW.PACIFICBATTLESHIP.COM X 2008 CA IGNITE CURIOSITY, CONNECT COMMUNITIES AND SHARE AMERICA'S ROLE IN MARITIME PEACE/PROSPERITY 15 12 91 1136 381069 0 2741009 3064742 2782660 3289964 40502 86085 31252 12643 5595423 6453434 0 0 0 0 2645271 3093556 449071 437279 1069810 2941233 3233777 6035575 6764612 -440152 -311178 7231032 6879850 3386605 3161863 3844427 3717987 TO IGNITE CURIOSITY, CONNECT COMMUNITIES, AND ENHANCE UNDERSTANDING OF AMERICA'S ROLE IN MARITIME PEACE AND PROSPERITY. 0 0 3539945 1521548 MUSEUM OPERATIONS - BATTLESHIP IOWA IS A COMMUNITY ANCHOR ON THE LA WATERFRONT, GENERATING TOURISM AND ECONOMIC ACTIVITY IN OUR LOCAL TOWNS, RESULTING IN A BETTER QUALITY OF LIFE FOR RESIDENTS MANY OF WHOM ARE SMALL BUSINESS OWNERS. BATTLESHIP IOWA HAS GROWN TO BECOME A CULTURAL ICON AS AN INCLUSIVE VENUE TO GATHER AND INTERACT WITH PEOPLE OF DIVERSE BACKGROUNDS AND AGES. 1071781 1274707 VETERANS PROGRAM - OUR VETERANS PROGRAM, KNOWN AS VETERANS WEST, SERVES APPROXIMATELY 25,000 FORMER SERVICE MEMBERS, OF ALL AGES AND BRANCHES, ANNUALLY. VETERANS WEST OPERATES OUT OF THE VETERANS RESOURCE CENTER ABOARD BATTLESHIP IOWA, A PLACE WHERE SERVICE MEMBERS AND THEIR FAMILIES ARE WELCOMED AND RESPECTED, WHERE THEY CAN SOCIALIZE, ENJOY THE CAMARADERIE OF OTHER VETERANS IN A UNIQUE SETTING, AND BENEFIT FROM A VARIETY OF PROGRAMS AND ACTIVITIES TO HELP THEM RE-CONNECT AND RE-ENGAGE IN A CIVILIAN WORLD. CURRENTLY, ABOUT HALF OF OUR VOLUNTEER CREW IS COMPOSED OF VETERANS. 418350 493709 EDUCATIONAL PROGRAMS - THE PACIFIC BATTLESHIP CENTER UTILIZES THE IN-SITU ENVIRONMENT OF BATTLESHIP IOWA TO ADDRESS NATIONAL EDUCATION DEFICIENCIES AND SPARK INTEREST IN STEM, HISTORY, CIVICS, AND LEADERSHIP THROUGH INNOVATIVE EDUCATION AND MUSEUM PROGRAMS. ON AVERAGE, 20,000 STUDENTS ARE SERVED ANNUALLY THROUGH FIELD TRIP AND OVERNIGHT PROGRAMS. 5030076 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 34 0 1 91 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 15 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK CA CO CT DC FL GA HI KS ME MD MS MI MN NH NY NC ND OH OK OR PA RI SC UT VA WA WV WI AR NJ LA TX NV MO KY IL TN X X ROSS O'BRIEN 8774469261 250 SOUTH HARBOR BLVD BERTH 87 SAN PEDRO CA 90731 JONATHAN WILLIAMS PRESIDENT/CEO 40.00 X X 170496 0 0 DAVID CANFIELD CHIEF TECHNOLOGY OFFICER 40.00 X 151061 0 0 MICHAEL GETSCHER CHIEF OPERATING OFFICER 40.00 X 113754 0 26246 ROSS O'BRIEN TREASURER/CFO 20.00 X X 80501 0 0 RADM MIKE SHATYNSKI USN RET BOARD CHAIRMAN 10.00 X X 0 0 0 REBECCA S BEACH BOARD SECRETARY 5.00 X X 0 0 0 TANYA ACKER BOARD DIRECTOR 5.00 X 0 0 0 LCDR KEN HAGIHARA USN RET BOARD DIRECTOR 5.00 X 0 0 0 DOUGLAS HERMAN BOARD DIRECTOR 5.00 X 0 0 0 CRAIG JOHNSON BOARD DIRECTOR 5.00 X 0 0 0 DAN KEHL BOARD DIRECTOR 5.00 X 0 0 0 VANESSA LEWIS BOARD DIRECTOR 5.00 X 0 0 0 JEFF LINK BOARD DIRECTOR 5.00 X 0 0 0 BRUCE DD MAC RAE BOARD DIRECTOR 5.00 X 0 0 0 VADM JOHN MORGAN USN RET BOARD DIRECTOR 5.00 X 0 0 0 FLTCM JOANN ORTLOFF USN RET BOARD DIRECTOR 5.00 X 0 0 0 E SCOTT PALMER BOARD DIRECTOR 5.00 X 0 0 0 515812 0 26246 3 0 1 0 CHICK RUSSELL & COMPANY 140 SOUTH LAKE AVENUE SUITE 203 PASADENA CA 91101 DESIGN SERVICES 149016 LONG BEACH BUILDING MAINTENANCE 2698 JUNIPERO AVE STE 114 SIGNAL HILL CA 90755 BUILDING MAINTENANCE 105442 2 25000 3039742 34648 3064742 ADMISSIONS 713990 2970188 2772595 197593 COMMISSIONS 713990 183476 183476 SPONSORSHIPS 713990 115800 115800 FILMING REVENUE 713990 20500 20500 3289964 89166 89166 201200 204281 -3081 -3081 -3081 MISCELLANEOUS INCOME 900099 12643 12643 12643 6453434 2772595 381069 235028 550679 367046 46276 137357 2162404 1732342 189704 240358 137395 110070 12053 15272 243078 193154 19539 30385 57820 57820 36073 36073 30000 30000 437279 437279 421685 420086 1599 70148 38842 17808 13498 185229 145916 12047 27266 503898 454544 42121 7233 75520 36205 27123 12192 27262 7486 19131 645 65609 65609 489855 465363 12246 12246 96584 87267 4464 4853 EVENT AND PROGRAM SERVI 739616 565815 55659 118142 MAITENANCE & EQUIPMENT 336581 335889 261 431 COST OF GOODS SOLD - SH 43269 43269 MISCELLANEOUS 39272 11426 16792 11054 15356 15356 6764612 5030076 664726 1069810 1851234 1752399 463125 227709 478807 390984 86072 102472 2047 0 81676 81679 9265283 7412634 1932613 1852649 1732860 1978138 602598 493820 7231032 6879850 450645 468895 63495 43330 136700 101850 110112 56757 2625653 2491031 3386605 3161863 X 2367381 2234294 1477046 1483693 3844427 3717987 7231032 6879850 -311178 160393 24345 0 X 0 1 X 1 0 X 1481758 2144175 4628575 2741009 3064742 14060259 1481758 2144175 4628575 2741009 3064742 14060259 47542 14012717 449 40502 89166 130117 102178 31252 12643 146073 14336449 11448941 0.97740 0.93270 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 30000 30000 0 PART II-B, LINE 1: DURING 2023, THE ORGANIZATION LOBBIED THE STATE OF IOWA FOR A GRANT TO RESTORE APPROXIMATELY 5,300 SQUARE FEET OF ROTTING WOODEN DECK ON THE O1 DECK OF THE BATTLESHIP USS IOWA MUSEUM. THIS ITEM PASSED THE LEGISLATURE AND WAS APPROVED BY THE GOVERNOR. 684326 101910 84994 871230 608408 102480 -24310 2252 684326 607474 934 608408 1.00000 1 0 4285524 3936141 349383 4099928 3245164 854764 879831 231329 648502 1852649 SHOP MATERIALS 61030 DEPOSITS 23795 OTHER ASSETS 7179 RIGHT OF USE ASSET 401816 493820 SBA EIDL 2000000 LEASE 491031 2491031 X 6638172 160393 24345 184738 6453434 0 6453434 6764612 0 6764612 0 6764612 PART V, LINE 4: IN ACCORDANCE WITH THE INVESTMENT POLICY, THE OBJECTIVES OF THE ENDOWMENT FUNDS ARE TO PROVIDE A TOTAL RETURN THAT, OVER THE LONG TERM, EXCEEDS INFLATION AND MAXIMIZES THE INVESTMENT RETURN ON ASSETS SUBJECT TO A LEVEL OF RISK DEEMED APPROPRIATE BY THE ORGANIZATION. THE ORGANIZATION SEEKS TO MITIGATE THE IMPACT OF LOSSES IN SINGLE INVESTMENTS OR WITH SINGLE INVESTMENT MANAGERS BY SETTING AND FOLLOWING AN ASSET ALLOCATION POLICY. PART X, LINE 2: PACIFIC BATTLESHIP CENTER FOLLOWS THE PROVISIONS OF FASB ASC 740, INCOME TAXES. ACCORDINGLY, PBC ACCOUNTS FOR UNCERTAIN TAX POSITIONS BY RECORDING A LIABILITY FOR UNRECOGNIZED TAX BENEFITS RESULTING FROM UNCERTAIN TAX POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, IN ITS TAX RETURNS. PBC RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED BY THE APPROPRIATE TAXING AUTHORITIES. PBC DOES NOT BELIEVE THAT ITS INCOME TAX RETURNS INCLUDE ANY UNCERTAIN TAX POSITIONS AND ACCORDINGLY, HAS NOT RECORDED A LIABILITY FOR UNRECOGNIZED TAX BENEFITS IN THE ACCOMPANYING FINANCIAL STATEMENTS. X 1 FUNDRAISING STRATEGIES INC 1420 SPRING HILL ROAD SUITE 420 TYSONS CORNER VA 22102 DIRECT MAIL 0 543800 384701 159099 543800 384701 159099 AL AK CA CO CT DC FL GA HI KS ME MD MS MI MN NH NM NY NC ND OH OK OR PA RI SC UT VA WA WV WI AR NJ MA LA TX NV MO KY IL TN PART I, LINE 2B, COLUMN (V): DIRECT MAIL IS ONE COMPONENT OF OUR ORGANIZATIONAL MULTI-YEAR FUNDRAISING STRATEGY. EACH DIRECT MAIL CAMPAIGN REQUIRES A SIGNIFICANT UPFRONT INVESTMENT. THE DIRECT MAIL CAMPAIGNS ARE CRITICAL TO OUR ABILITY TO IDENTIFY AND CULTIVATE MAJOR DONORS, AND IS VIEWED AS A DONOR ACQUISITION COST. THE $384,701 SHOWN IN COLUMN V INCLUDES $336,848 OF DIRECT COSTS (MAILING, PRINTING, DESIGN, MARKETING, MAILING LIST ACQUISTION), AND $47,853 OF AGENCY FEES. X 0 0 0 0 0 0 0 0 0 JONATHAN WILLIAMS PRESIDENT/CEO 170496 0 0 0 0 0 0 0 0 0 170496 0 0 0 DAVID CANFIELD CHIEF TECHNOLOGY OFFICER 151061 0 0 0 0 0 0 0 0 0 151061 0 0 0 JEFF LAMBERTI - FORMER BOARD MEMBER BOARD MEMBER WORKING CAPITAL X 250000 101850 0 1 1 101850 X SHIPPING ARMOR PIERCING ROUNDS 1 9700 FAIR MARKET VALUE X FOOD & DRINKS 1 7644 FAIR MARKET VALUE X MISCELLANEOUS 1 6493 FAIR MARKET VALUE X MATERIALS 1 6403 FAIR MARKET VALUE X CONTAINERS 1 4408 FAIR MARKET VALUE 22 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE CEO, THE CFO, THE CONTROLLER, AND THE AUDIT COMMITTEE. UPON COMPLETION OF ITS REVIEW, THE AUDIT COMMITTEE FORWARDS FORM 990 TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO THE FILING OF THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C COI REPORTS ARE SUBMITTED ANNUALLY AND REVIEWED BY THE CFO, WHO REPORTS ALL VARIANCES OR ISSUES TO THE CHAIRMAN, SECRETARY, AUDIT COMMITTEE CHAIR, AND CEO. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE, COMPRISED OF BOARD MEMBERS, REVIEWS MARKET STUDIES AND COMPARABLE ORGANIZATIONS TO RECOMMEND CEO AND CFO SALARY CHANGE FOR FULL BOARD APPROVAL. THE CEO SETS COMPENSATION FOR KEY EMPLOYEES BASED ON MARKET STUDIES. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC VIA OUR WEBSITE, WWW.PACIFICBATTLESHIP.COM.