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      <Desc>Ship Preservation and Maint: PSPG is a volunteer centered organization which restores and maintains the Tall Ship Gazela (built 1901) and the Tug Jupiter (built 1902). We use the work on these vessels a way to introduce more people to maritime culture, to train people in: mech, elect, woodworking and eng skills. A ship is a complete environment; aintaining it teaches skill in all these areas. Sailing it brings people into a colab community with others with very diff backgrounds. This year over 70 volunteers participated in activities maintaining Gazela. Notable: In water plank hull work was done on Gazela. Jupiter replaced generator water pump and main engine starter cable.</Desc>
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        <Desc>Education: In 2024 PSPG was awarded a grant that funded a training program for paid intern/apprentices to learn about and gain hands on experience working in the marine trades industry. Throughout the year several training sails introduced novice sailors to the operation and life aboard a traditional wooden sailing tall ship. The education department continued planning and developing a curriculum for after school programs, STEM training and field trips.</Desc>
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        <Desc>Events: Events hosted on the Tall Ship Gazela serve to both generate income for PSPG and to introduce people in the region to our presence and mission. Many of our volunteers first learn about PSPG during a public event. In 2024 we hosted eleven private or ticketed events and were open to the general public for tours four times during the summer. We estimate we had 1,000 visitors to the ship during these events.</Desc>
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      <AdvertisingGrp>
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        <FundraisingAmt>489</FundraisingAmt>
      </AdvertisingGrp>
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        <ProgramServicesAmt>806</ProgramServicesAmt>
        <ManagementAndGeneralAmt>954</ManagementAndGeneralAmt>
        <FundraisingAmt>73</FundraisingAmt>
      </OfficeExpensesGrp>
      <InformationTechnologyGrp>
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        <ProgramServicesAmt>922</ProgramServicesAmt>
        <ManagementAndGeneralAmt>6267</ManagementAndGeneralAmt>
        <FundraisingAmt>1199</FundraisingAmt>
      </InformationTechnologyGrp>
      <OccupancyGrp>
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        <ProgramServicesAmt>2</ProgramServicesAmt>
        <ManagementAndGeneralAmt>608</ManagementAndGeneralAmt>
      </OccupancyGrp>
      <TravelGrp>
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        <ProgramServicesAmt>310</ProgramServicesAmt>
      </TravelGrp>
      <ConferencesMeetingsGrp>
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        <ProgramServicesAmt>931</ProgramServicesAmt>
        <FundraisingAmt>118</FundraisingAmt>
      </ConferencesMeetingsGrp>
      <InterestGrp>
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        <ProgramServicesAmt>2166</ProgramServicesAmt>
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      <InsuranceGrp>
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        <ProgramServicesAmt>36597</ProgramServicesAmt>
        <ManagementAndGeneralAmt>1390</ManagementAndGeneralAmt>
      </InsuranceGrp>
      <OtherExpensesGrp>
        <Desc>MAINT SUPPLIES</Desc>
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        <ProgramServicesAmt>20160</ProgramServicesAmt>
        <ManagementAndGeneralAmt>91</ManagementAndGeneralAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>GAZELA OPERATIONS</Desc>
        <TotalAmt>458</TotalAmt>
        <ProgramServicesAmt>458</ProgramServicesAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>REGISTRATION FEES</Desc>
        <TotalAmt>645</TotalAmt>
        <ManagementAndGeneralAmt>645</ManagementAndGeneralAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>EVENT CREW MEALS</Desc>
        <TotalAmt>372</TotalAmt>
        <ProgramServicesAmt>372</ProgramServicesAmt>
      </OtherExpensesGrp>
      <AllOtherExpensesGrp>
        <TotalAmt>78</TotalAmt>
        <ProgramServicesAmt>65</ProgramServicesAmt>
        <ManagementAndGeneralAmt>13</ManagementAndGeneralAmt>
      </AllOtherExpensesGrp>
      <TotalFunctionalExpensesGrp>
        <TotalAmt>191962</TotalAmt>
        <ProgramServicesAmt>147689</ProgramServicesAmt>
        <ManagementAndGeneralAmt>28904</ManagementAndGeneralAmt>
        <FundraisingAmt>15369</FundraisingAmt>
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      <CashNonInterestBearingGrp>
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        <EOYAmt>36549</EOYAmt>
      </CashNonInterestBearingGrp>
      <SavingsAndTempCashInvstGrp>
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        <EOYAmt>69372</EOYAmt>
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      <AccountsReceivableGrp>
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        <EOYAmt>1690</EOYAmt>
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      <InventoriesForSaleOrUseGrp>
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        <EOYAmt>8157</EOYAmt>
      </InventoriesForSaleOrUseGrp>
      <PrepaidExpensesDefrdChargesGrp>
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      </PrepaidExpensesDefrdChargesGrp>
      <LandBldgEquipCostOrOtherBssAmt>593967</LandBldgEquipCostOrOtherBssAmt>
      <LandBldgEquipAccumDeprecAmt>93658</LandBldgEquipAccumDeprecAmt>
      <LandBldgEquipBasisNetGrp>
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        <EOYAmt>500309</EOYAmt>
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      <InvestmentsPubTradedSecGrp>
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        <EOYAmt>1296606</EOYAmt>
      </InvestmentsPubTradedSecGrp>
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        <EOYAmt>24133</EOYAmt>
      </OtherAssetsTotalGrp>
      <TotalAssetsGrp>
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        <EOYAmt>1936936</EOYAmt>
      </TotalAssetsGrp>
      <AccountsPayableAccrExpnssGrp>
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        <EOYAmt>815</EOYAmt>
      </AccountsPayableAccrExpnssGrp>
      <MortgNotesPyblScrdInvstPropGrp>
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        <EOYAmt>7000</EOYAmt>
      </MortgNotesPyblScrdInvstPropGrp>
      <OtherLiabilitiesGrp>
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        <EOYAmt>6726</EOYAmt>
      </OtherLiabilitiesGrp>
      <TotalLiabilitiesGrp>
        <BOYAmt>38179</BOYAmt>
        <EOYAmt>14541</EOYAmt>
      </TotalLiabilitiesGrp>
      <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
      <NoDonorRestrictionNetAssetsGrp>
        <BOYAmt>510651</BOYAmt>
        <EOYAmt>556417</EOYAmt>
      </NoDonorRestrictionNetAssetsGrp>
      <DonorRestrictionNetAssetsGrp>
        <BOYAmt>1272871</BOYAmt>
        <EOYAmt>1365978</EOYAmt>
      </DonorRestrictionNetAssetsGrp>
      <TotalNetAssetsFundBalanceGrp>
        <BOYAmt>1783522</BOYAmt>
        <EOYAmt>1922395</EOYAmt>
      </TotalNetAssetsFundBalanceGrp>
      <TotLiabNetAssetsFundBalanceGrp>
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        <EOYAmt>1936936</EOYAmt>
      </TotLiabNetAssetsFundBalanceGrp>
      <ReconcilationRevenueExpnssAmt>105226</ReconcilationRevenueExpnssAmt>
      <NetUnrlzdGainsLossesInvstAmt>33526</NetUnrlzdGainsLossesInvstAmt>
      <InvestmentExpenseAmt>13491</InvestmentExpenseAmt>
      <OtherChangesInNetAssetsAmt>0</OtherChangesInNetAssetsAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>true</AccountantCompileOrReviewInd>
      <AcctCompileOrReviewBasisGrp>
        <SeparateBasisFinclStmtInd>X</SeparateBasisFinclStmtInd>
      </AcctCompileOrReviewBasisGrp>
      <FSAuditedInd>false</FSAuditedInd>
      <AuditCommitteeInd>false</AuditCommitteeInd>
      <FederalGrantAuditRequiredInd>false</FederalGrantAuditRequiredInd>
    </IRS990>
    <IRS990ScheduleA documentId="IRS990ScheduleA-164-Copy1">
      <PublicOrganization170Ind>X</PublicOrganization170Ind>
      <GiftsGrantsContriRcvd170Grp>
        <CurrentTaxYearMinus4YearsAmt>63861</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>68564</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>97813</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>53557</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>186101</CurrentTaxYearAmt>
        <TotalAmt>469896</TotalAmt>
      </GiftsGrantsContriRcvd170Grp>
      <TotalCalendarYear170Grp>
        <CurrentTaxYearMinus4YearsAmt>63861</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>68564</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>97813</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>53557</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>186101</CurrentTaxYearAmt>
        <TotalAmt>469896</TotalAmt>
      </TotalCalendarYear170Grp>
      <SubstantialContributorsTotAmt>134383</SubstantialContributorsTotAmt>
      <PublicSupportTotal170Amt>335513</PublicSupportTotal170Amt>
      <GrossInvestmentIncome170Grp>
        <CurrentTaxYearMinus4YearsAmt>23898</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>135912</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>34593</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>49042</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>88052</CurrentTaxYearAmt>
        <TotalAmt>331497</TotalAmt>
      </GrossInvestmentIncome170Grp>
      <OtherIncome170Grp>
        <CurrentTaxYearMinus3YearsAmt>25533</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>5019</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>36330</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>23036</CurrentTaxYearAmt>
        <TotalAmt>89918</TotalAmt>
      </OtherIncome170Grp>
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      <ThirtyThrPctSuprtTestsCY170Ind>X</ThirtyThrPctSuprtTestsCY170Ind>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="IRS990ScheduleB-175-Copy1">
      <ContributorInformationGrp>
        <ContributorNum>RESTRICTED</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorBusinessName>
        <ContributorUSAddress>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorUSAddress>
        <TotalContributionsAmt>RESTRICTED</TotalContributionsAmt>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <IRS990ScheduleD documentId="IRS990ScheduleD-178-Copy1">
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        <InvestmentEarningsOrLossesAmt>121126</InvestmentEarningsOrLossesAmt>
        <OtherExpendituresAmt>59293</OtherExpendituresAmt>
        <AdministrativeExpensesAmt>13491</AdministrativeExpensesAmt>
        <EndYearBalanceAmt>1296606</EndYearBalanceAmt>
      </CYEndwmtFundGrp>
      <CYMinus1YrEndwmtFundGrp>
        <BeginningYearBalanceAmt>1209020</BeginningYearBalanceAmt>
        <InvestmentEarningsOrLossesAmt>113574</InvestmentEarningsOrLossesAmt>
        <OtherExpendituresAmt>61657</OtherExpendituresAmt>
        <AdministrativeExpensesAmt>12673</AdministrativeExpensesAmt>
        <EndYearBalanceAmt>1248264</EndYearBalanceAmt>
      </CYMinus1YrEndwmtFundGrp>
      <CYMinus2YrEndwmtFundGrp>
        <BeginningYearBalanceAmt>1470308</BeginningYearBalanceAmt>
        <ContributionsAmt>-178181</ContributionsAmt>
        <OtherExpendituresAmt>69556</OtherExpendituresAmt>
        <AdministrativeExpensesAmt>13551</AdministrativeExpensesAmt>
        <EndYearBalanceAmt>1209020</EndYearBalanceAmt>
      </CYMinus2YrEndwmtFundGrp>
      <CYMinus3YrEndwmtFundGrp>
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        <ContributionsAmt>177973</ContributionsAmt>
        <OtherExpendituresAmt>60745</OtherExpendituresAmt>
        <AdministrativeExpensesAmt>14713</AdministrativeExpensesAmt>
        <EndYearBalanceAmt>1470308</EndYearBalanceAmt>
      </CYMinus3YrEndwmtFundGrp>
      <CYMinus4YrEndwmtFundGrp>
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        <ContributionsAmt>509</ContributionsAmt>
        <InvestmentEarningsOrLossesAmt>172128</InvestmentEarningsOrLossesAmt>
        <OtherExpendituresAmt>60000</OtherExpendituresAmt>
        <AdministrativeExpensesAmt>12461</AdministrativeExpensesAmt>
        <EndYearBalanceAmt>1367794</EndYearBalanceAmt>
      </CYMinus4YrEndwmtFundGrp>
      <PrmnntEndowmentBalanceEOYPct>1.00000</PrmnntEndowmentBalanceEOYPct>
      <EndowmentsHeldUnrelatedOrgInd>false</EndowmentsHeldUnrelatedOrgInd>
      <EndowmentsHeldRelatedOrgInd>false</EndowmentsHeldRelatedOrgInd>
      <EquipmentGrp>
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        <DepreciationAmt>93658</DepreciationAmt>
        <BookValueAmt>500309</BookValueAmt>
      </EquipmentGrp>
      <TotalBookValueLandBuildingsAmt>500309</TotalBookValueLandBuildingsAmt>
      <OtherLiabilitiesOrgGrp>
        <Desc>ACCRUED SALES TAX</Desc>
        <Amt>220</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>PAYROLL LIABILITIES</Desc>
        <Amt>6506</Amt>
      </OtherLiabilitiesOrgGrp>
      <TotalLiabilityAmt>6726</TotalLiabilityAmt>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part V, Line 4-Intended uses of endowment funds</FormAndLineReferenceDesc>
        <ExplanationTxt>PSPG ENDOWMENT FUNDS ARE RESTRICTED FOR THE CONTINUING ONGOING MAINTENANCE AND UPKEEP OF GAZELA</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleD>
    <IRS990ScheduleO documentId="IRS990ScheduleO-197-Copy1">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part VI Line 1a</FormAndLineReferenceDesc>
        <ExplanationTxt>Finance Committee: General Business Operations</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part VI Line 1a</FormAndLineReferenceDesc>
        <ExplanationTxt>Marine Committee: Vessel Projects and Spending</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part VI Line 2</FormAndLineReferenceDesc>
        <ExplanationTxt>Patrick Flynn and Gina Pickton are married.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part VI Line 2</FormAndLineReferenceDesc>
        <ExplanationTxt>Patrick Flynn and Mary Beth Tomlinson are siblings.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part VI Line 6</FormAndLineReferenceDesc>
        <ExplanationTxt>General PSPG Guild members. Only one membership class.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part VI Line 7a</FormAndLineReferenceDesc>
        <ExplanationTxt>Two board members are elected by a vote of the general guild</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part VI Line 7a</FormAndLineReferenceDesc>
        <ExplanationTxt>membership. All guild members are eligible to vote.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part VI Line 7b</FormAndLineReferenceDesc>
        <ExplanationTxt>Increase in membership dues requires approval vote by general</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part VI Line 7b</FormAndLineReferenceDesc>
        <ExplanationTxt>membership.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part VI Line 11b</FormAndLineReferenceDesc>
        <ExplanationTxt>PDF copy of 990 document emailed to Board members before filing</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part VI Line 11b</FormAndLineReferenceDesc>
        <ExplanationTxt>990 with IRS. Board has time to ask questions/comment before submittal.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part VI Line 12c</FormAndLineReferenceDesc>
        <ExplanationTxt>Financial controller documents and identifies all payments made and to whom</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part VI Line 19</FormAndLineReferenceDesc>
        <ExplanationTxt>Email address on public website. Anyone can submit a request for documents.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part VI Line 19</FormAndLineReferenceDesc>
        <ExplanationTxt>Documents will then be provided upon request.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>