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Nonprofit · EIN 04-2266264

MARINE SOCIETY AT SALEM

Tax-exempt · SALEM, MA 01970

Financials

$1.4M$171K2023$152K$173K2024
Revenue Expenses · by fiscal year end
Financials of MARINE SOCIETY AT SALEM by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$151,670$173,467-$21,797$6,830,055$0$6,830,055
August 31, 2024990$1,431,321$170,996$1,260,325$6,423,804$0$6,423,804
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$900
Membership dues
$900
Program service revenue
$0
Investment income
$150,770
Net gain from sales of assets
-$22,557
Other revenue
$0

Expenses

Grants and similar amounts paid
$73,300
Compensation of officers, directors and key employees
$15,000
Salaries, compensation and benefits (total)
$17,490
Professional fundraising fees
$0
Accounting fees
$5,750
Occupancy
$500
Depreciation
$1,726
Program services (functional)
$127,967
Management and general (functional)
$45,500

Balance sheet and other

Total assets, start of year
$6,423,804
Total assets, end of year
$6,830,055
Total liabilities, end of year
$0
Net assets, end of year
$6,830,055
Land, buildings and equipment
$3,457
Publicly traded securities
$6,621,338
Net assets without donor restrictions
$6,830,055
Gross receipts
$2,877,125
Employees
3
Volunteers
0
Year formed
1850
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended August 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
ALBERT LELAND GOODHUEASSISTANT TREASURER
Trustee or director
3$5,000
ALLAN VAUGHNCLERK
Trustee or director
5$5,000
ROBERT REARDONQUARTERMASTER
Trustee or director
5$5,000
JOANIE V INGRAHAMTREASURER
Trustee or director
3$0
RAY BATESMASTER
Trustee or director
2$0
BOB BLAIRDEPUTY MASTER
Trustee or director
5$0
990 for the year ended August 31, 2024: 6 people
NameTitleHours / weekCompensation
ALBERT LELAND GOODHUEASSISTANT TREASURER
Trustee or director
3$5,000
ALLAN VAUGHNCLERK
Trustee or director
5$5,000
ROBERT REARDONQUARTERMASTER
Trustee or director
5$5,000
JOANIE V INGRAHAMTREASURER
Trustee or director
3$0
RAY BATESMASTER
Trustee or director
2$0
BOB BLAIRDEPUTY MASTER
Trustee or director
5$0

Address and contacts

Address (IRS master file)
18 WASHINGTON SQ, SALEM, MA 01970-4056
In care of
% ALBERT GOODHUE III
Principal officer (990 for 2024)
JOANIE INGRAHAM, 18 WASHINGTON SQUARE, SALEM, MA 01970
Signed the 990
JOAN v INGRAHAM, TREASURER
Phone
(800) 426-0501
Return prepared by
PAUL TAYLOR CPA

Mission

PROVIDE GRANTS TO MARITIME ORGANIZATIONS

990 for the year ended August 31, 2025

Program accomplishments

  • PROMOTE AND ENCOURAGE INTEREST IN THE MARITIME HISTORY AND CONSERVATION OF MARITIME ARTIFACTS RELATING TO SALEM MASSACHUSETTS AND PROVIDE GRANTS TO ORGANIZATIONS AND INDIVIDUALS WITH MARITME ASSOCIATION
    Expenses $127,967 · grants $73,300 · revenue $174,227

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
04-2266264
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1943
Accounting year ends
August
Files
Form 990 or 990-EZ
Assets (IRS master file)
$6,830,055
Income (IRS master file)
$2,877,125

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$151,670$173,467$6,830,055XML
990August 2024$1,431,321$170,996$6,423,804XML
990August 2023$316,551$155,525$5,764,934IRS
990August 2022–––IRS
990August 2021–––IRS
990August 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2266264).

Questions about MARINE SOCIETY AT SALEM

What is the EIN of MARINE SOCIETY AT SALEM?
The employer identification number (EIN) of MARINE SOCIETY AT SALEM is 04-2266264.
Is MARINE SOCIETY AT SALEM tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1943.
Are donations to MARINE SOCIETY AT SALEM tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MARINE SOCIETY AT SALEM file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MARINE SOCIETY AT SALEM due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MARINE SOCIETY AT SALEM last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of MARINE SOCIETY AT SALEM?
The 990 for the year ended August 31, 2025 names JOANIE INGRAHAM.
Who are the officers and directors of MARINE SOCIETY AT SALEM?
The 990 for the year ended August 31, 2025 lists 6 people; 3 received compensation from the organization, the highest $5,000 (ALBERT LELAND GOODHUE, ASSISTANT TREASURER).
How much revenue does MARINE SOCIETY AT SALEM have?
On its 990 for the year ended August 31, 2025 it reported revenue of $151,670, expenses of $173,467 and total assets of $6,830,055 at year end.

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