Nonprofit · EIN 04-3020719
THE GLOUCESTER ADVENTURE INC
Tax-exempt · GLOUCESTER, MA 01931
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $894,749 | $762,783 | $131,966 | $2,251,953 | $383,327 | $1,868,626 |
| December 31, 2024 | 990 | $784,805 | $824,487 | -$39,682 | $2,143,470 | $406,809 | $1,736,661 |
| December 31, 2023 | 990 | $745,862 | $784,380 | -$38,518 | $2,256,111 | $479,768 | $1,776,343 |
| December 31, 2022 | 990 | $643,885 | $817,056 | -$173,171 | $2,237,353 | $422,492 | $1,814,861 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $628,635
- Membership dues
- $26,643
- Program service revenue
- $126,194
- Investment income
- $4,107
- Net income from fundraising events
- $134,697
- Net income from sales of inventory
- $1,116
- Other revenue
- $135,813
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $313,624
- Salaries, compensation and benefits (total)
- $356,896
- Professional fundraising fees
- $0
- Accounting fees
- $14,750
- Depreciation
- $162,301
- Program services (functional)
- $688,915
- Management and general (functional)
- $73,868
Balance sheet and other
- Total assets, start of year
- $2,143,470
- Total assets, end of year
- $2,251,953
- Total liabilities, end of year
- $383,327
- Net assets, end of year
- $1,868,626
- Land, buildings and equipment
- $2,088,383
- Net assets without donor restrictions
- $1,768,383
- Net assets with donor restrictions
- $100,243
- Gross receipts
- $942,028
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1988
- 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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GREG BOVER | PRESIDENT Trustee or director, Officer | 20 | $0 |
| PETER SOUZA | VICE PRESIDENT-OPERATIONS Trustee or director, Officer | 5 | $0 |
| WILLIAM BARTON | DIRECTOR Trustee or director | 8 | $0 |
| MARGOT HINTLIAN | TREASURER Trustee or director, Officer | 10 | $0 |
| ERIC LUSTIG | SECRETARY Trustee or director, Officer | 2 | $0 |
| WILLIAM WHITNEY | DIRECTOR Trustee or director | 2 | $0 |
| DAVID RHINELANDER | DIRECTOR Trustee or director | 2 | $0 |
| PETER MOORE | DIRECTOR Trustee or director, Officer | 2 | $0 |
| ELIZABETH RHINELANDER | DIRECTOR Trustee or director | 2 | $0 |
| KENNETH RIAF | DIRECTOR Trustee or director | 2 | $0 |
| JONATHAN JACQUES | DIRECTOR Trustee or director | 2 | $0 |
| JOHN BRENNAN | DIRECTOR Trustee or director | 2 | $0 |
| DAN GULIANO | DIRECTOR Trustee or director | 2 | $0 |
| JOHN THOMPSON | DIRECTOR Trustee or director | 5 | $0 |
| BRIT HUTCHINS | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 17 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GREG BOVER | PRESIDENT Trustee or director, Officer | 20 | $0 |
| WILLIAM BARTON | DIRECTOR Trustee or director | 8 | $0 |
| TOM DEXTER | SECRETARY Trustee or director, Officer | 2 | $0 |
| SUSANNAH WINDER | DIRECTOR Trustee or director | 2 | $0 |
| WILLIAM WHITNEY | DIRECTOR Trustee or director | 2 | $0 |
| DAVID RHINELANDER | DIRECTOR Trustee or director | 2 | $0 |
| MARGOT HINTLIAN | TREASURER Trustee or director, Officer | 3 | $0 |
| ELIZABETH RHINELANDER | DIRECTOR Trustee or director | 2 | $0 |
| KENNETH RIAF | DIRECTOR Trustee or director | 2 | $0 |
| JIM TAYLOR | DIRECTOR Trustee or director | 2 | $0 |
| JONATHAN JACQUES | DIRECTOR Trustee or director | 2 | $0 |
| PAMELA BYNUM | DIRECTOR Trustee or director | 10 | $0 |
| DAN GULIANO | DIRECTOR Trustee or director | 2 | $0 |
| JOHN THOMPSON | DIRECTOR Trustee or director, Officer | 5 | $0 |
| JONATHEN IANNACONE | DIRECTOR Trustee or director | 2 | $0 |
| ERIC LUSTING | DIRECTOR Trustee or director | 2 | $0 |
| PETER SOUZA | VICE PRESIDENT-OPERATIONS Officer | 10 | $0 |
990 for the year ended December 31, 2023: 19 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN MORRIS | PRESIDENT Trustee or director, Officer | 10 | $0 |
| WILLIAM BARTON | DIRECTOR Trustee or director | 8 | $0 |
| TOM DEXTER | SECRETARY Trustee or director, Officer | 2 | $0 |
| GREG BOVER | DIRECTOR Trustee or director | 20 | $0 |
| SUSANNAH WINDER | DIRECTOR Trustee or director | 2 | $0 |
| WILLIAM WHITNEY | DIRECTOR Trustee or director | 2 | $0 |
| DAVID RHINELANDER | DIRECTOR Trustee or director | 2 | $0 |
| MARGOT HINTLIAN | TREASURER Trustee or director, Officer | 3 | $0 |
| ELIZABETH RHINELANDER | DIRECTOR Trustee or director | 2 | $0 |
| KENNETH RIAF | DIRECTOR Trustee or director | 2 | $0 |
| JIM TAYLOR | DIRECTOR Trustee or director | 2 | $0 |
| JONATHAN JACQUES | DIRECTOR Trustee or director | 2 | $0 |
| PAMELA BYNUM | DIRECTOR Trustee or director | 10 | $0 |
| DAN GULIANO | DIRECTOR Trustee or director | 2 | $0 |
| JOHN THOMPSON | DIRECTOR Trustee or director, Officer | 5 | $0 |
| JONATHEN IANNACONE | DIRECTOR Trustee or director | 2 | $0 |
| ERIC LUSTING | DIRECTOR Trustee or director | 2 | $0 |
| DAVID O'HARA | DIRECTOR Trustee or director | 1 | $0 |
| PETER SOUZA | VICE PRESIDENT-OPERATIONS Officer | 10 | $0 |
990 for the year ended December 31, 2022: 17 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN MORRIS | PRESIDENT Trustee or director, Officer | 10 | $0 |
| WILLIAM BARTON | DIRECTOR Trustee or director | 8 | $0 |
| TOM DEXTER | SECRETARY Trustee or director, Officer | 2 | $0 |
| GREG BOVER | DIRECTOR Trustee or director | 20 | $0 |
| DAVID O'HARA | DIRECTOR Trustee or director | 2 | $0 |
| WILLIAM WHITNEY | DIRECTOR Trustee or director | 2 | $0 |
| DAVID RHINELANDER | DIRECTOR Trustee or director | 2 | $0 |
| MARGOT HINTLIAN | TREASURER Trustee or director, Officer | 3 | $0 |
| ELIZABETH RHINELANDER | DIRECTOR Trustee or director | 2 | $0 |
| KENNETH RIAF | DIRECTOR Trustee or director | 2 | $0 |
| JIM TAYLOR | DIRECTOR Trustee or director | 2 | $0 |
| JONATHAN JACQUES | DIRECTOR Trustee or director | 2 | $0 |
| PAMELA BYNUM | DIRECTOR Trustee or director | 10 | $0 |
| DAN GULIANO | DIRECTOR Trustee or director | 2 | $0 |
| JOHN THOMPSON | VICE PRESIDENT-DEVELOPMENT Trustee or director, Officer | 5 | $0 |
| PETER MADSEN | DIRECTOR Trustee or director | 2 | $0 |
| PETER SOUZA | VICE PRESIDENT-OPERATIONS Officer | 8 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1306, GLOUCESTER, MA 01931-1306
- Principal officer (990 for 2025)
- GREG BOVER, POBOX 1306, GLOUCESTER, MA 019311306
- Signed the 990
- GREG BOVER, PRESIDENT
- Phone
- (978) 281-8079
- Website
- SCHOONER-ADVENTURE.ORG
- Return prepared by
- LLOYD B MCMANUS CPAPLLC
Mission
PRESERVATION OF THE SCHOONER "ADVENTURE"
Program accomplishments
- TO PRESERVE THE SCHOONER ADVENTURE AS A LIVING SYMBOL OF AMERICA'S MARITIME HERITAGE, AND AS A COMMUNITY RESOURCE FOR EDUCATIONAL PROGRAMMING FOCUSING ON MARITIME,CULTURAL, AND ENVIRONMENTAL ISSUESExpenses $688,915 · revenue $127,310
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 04-3020719
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1992
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A540)
- Assets (IRS master file)
- $2,251,953
- Income (IRS master file)
- $942,028
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $894,749 | $762,783 | $2,251,953 | XML |
| 990 | December 2024 | $784,805 | $824,487 | $2,143,470 | XML |
| 990 | December 2023 | $745,862 | $784,380 | $2,256,111 | XML |
| 990 | December 2022 | $643,885 | $817,056 | $2,237,353 | XML |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 04-3020719).
Questions about THE GLOUCESTER ADVENTURE INC
- What is the EIN of THE GLOUCESTER ADVENTURE INC?
- The employer identification number (EIN) of THE GLOUCESTER ADVENTURE INC is 04-3020719.
- Is THE GLOUCESTER ADVENTURE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to THE GLOUCESTER ADVENTURE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE GLOUCESTER ADVENTURE INC 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 THE GLOUCESTER ADVENTURE INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE GLOUCESTER ADVENTURE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of THE GLOUCESTER ADVENTURE INC?
- The 990 for the year ended December 31, 2025 names GREG BOVER.
- Who are the officers and directors of THE GLOUCESTER ADVENTURE INC?
- The 990 for the year ended December 31, 2025 lists 15 people; 0 received compensation from the organization.
- How much revenue does THE GLOUCESTER ADVENTURE INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $894,749, expenses of $762,783 and total assets of $2,251,953 at year end.
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