Nonprofit · EIN 47-3101784
SAILING SHIPS MAINE
Tax-exempt · PORTLAND, ME 04112
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $775,720 | $304,417 | $471,303 | $856,067 | $493,102 | $362,965 |
| December 31, 2023 | 990 | $733,754 | $715,048 | $18,706 | $407,266 | $515,604 | -$108,338 |
| December 31, 2022 | 990 | $1,392,588 | $1,271,528 | $121,060 | $435,716 | $562,760 | -$127,044 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $705,898
- of which government grants
- $142,143
- Program service revenue
- $73,420
- Investment income
- $0
- Net income from sales of inventory
- -$3,598
- Other revenue
- -$3,598
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $21,425
- Salaries, compensation and benefits (total)
- $23,561
- Professional fundraising fees
- $0
- Accounting fees
- $16,388
- Program services (functional)
- $252,150
- Management and general (functional)
- $52,267
Balance sheet and other
- Total assets, start of year
- $407,266
- Total assets, end of year
- $856,067
- Total liabilities, end of year
- $493,102
- Net assets, end of year
- $362,965
- Gross receipts
- $844,420
- Employees
- 5
- Volunteers
- 10
- Year formed
- 2015
- State of legal domicile
- ME
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Alex Agnew | President Trustee or director, Officer, Key employee | 20 | $0 |
| Richard Olson | Secretary Trustee or director, Officer | 1 | $0 |
| Jon Radtke | Director Trustee or director | 1 | $0 |
| Christopher Nolan | Director Trustee or director | 1 | $0 |
| Michelle Thresher | Director Trustee or director | 1 | $0 |
| Chris Wellins | Director Trustee or director | 1 | $0 |
| Mak Sprague | Director Trustee or director | 1 | $0 |
| John J Martin CPA | Treasurer Trustee or director, Officer | 1 | $0 |
| Carolin Austyn | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Alex Agnew | President Trustee or director, Officer, Key employee | 20 | $0 |
| Richard Olson | Secretary Trustee or director, Officer | 1 | $0 |
| Jon Radtke | Director Trustee or director | 1 | $0 |
| Will Ritch | Director Trustee or director | 1 | $0 |
| Michelle Thresher | Director Trustee or director | 1 | $0 |
| Chris Wellins | Director Trustee or director | 1 | $0 |
| Maureen Sturtevant | Director Trustee or director | 1 | $0 |
| John J Martin CPA | Treasurer Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2022: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Alex Agnew | President Trustee or director, Officer, Key employee | 20 | $0 |
| Richard Olson | Secretary Trustee or director, Officer | 1 | $0 |
| Jon Radtke | Director Trustee or director | 1 | $0 |
| Will Ritch | Director Trustee or director | 1 | $0 |
| Michelle Thresher | Director Trustee or director | 1 | $0 |
| Chris Wellins | Director Trustee or director | 1 | $0 |
| Maureen Sturtevant | Director Trustee or director | 1 | $0 |
| John J Martin CPA | Treasurer Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 517, PORTLAND, ME 04112-0517
- Principal officer (990 for 2024)
- Alex Agnew, 4 Avon Rd, Falmouth, ME 04105
- Signed the 990
- Alex Agnew, President
- Phone
- (207) 450-5363
- Website
- www.sailingshipsmaine.org
- Return prepared by
- Martin Associates PA
Mission
Provide scholarships and educational voyages/workshops to students age 14-18 to teach teamwork, leadership and marine/sailing.
Program accomplishments
- SMALL BOAT / 6 PACK SCHOONER PROGRAM - one week educational voyages on a large traditional sailing vessel. Students were taught teamwork, leadership and sail training. Some students received vaying levels of scholarships, ranging from ages 14-18.Expenses $252,150 · grants $142,143 · revenue $73,420
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 | Not 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
- 47-3101784
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2015
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A50)
- Assets (IRS master file)
- $856,067
- Income (IRS master file)
- $844,420
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $775,720 | $304,417 | $856,067 | IRS |
| 990 | December 2023 | $733,754 | $715,048 | $407,266 | IRS |
| 990 | December 2022 | $1,392,588 | $1,271,528 | $435,716 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 47-3101784).
Questions about SAILING SHIPS MAINE
- What is the EIN of SAILING SHIPS MAINE?
- The employer identification number (EIN) of SAILING SHIPS MAINE is 47-3101784.
- Is SAILING SHIPS MAINE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to SAILING SHIPS MAINE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SAILING SHIPS MAINE 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 SAILING SHIPS MAINE due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SAILING SHIPS MAINE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of SAILING SHIPS MAINE?
- The 990 for the year ended December 31, 2024 names Alex Agnew.
- Who are the officers and directors of SAILING SHIPS MAINE?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does SAILING SHIPS MAINE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $775,720, expenses of $304,417 and total assets of $856,067 at year end.
Other nonprofits in PORTLAND
- PORTLAND MUSEUM OF ART EIN 01-0378420 · last filed 990 for 2025
- PORTLAND MAINE SYMPHONY ORCHESTRA EIN 01-6006058 · last filed 990 for 2025
- CHILDRENS MUSEUM AND THEATRE OF MAINE EIN 01-0352258 · last filed 990 for 2025
- PORTLAND OVATIONS EIN 01-0350707 · last filed 990 for 2025
- PORTLAND STAGE COMPANY INC EIN 51-0143171 · last filed 990 for 2025
- INDIGO ARTS ALLIANCE EIN 83-1809512 · last filed 990 for 2025
- MAINE HISTORICAL SOCIETY EIN 01-0211530 · last filed 990 for 2025
- MAINE HUMANITIES COUNCIL EIN 01-0339295 · last filed 990 for 2025
All nonprofits in PORTLAND · Maine · Arts, culture and humanities