Nonprofit · EIN 91-0989160
STEAMER VIRGINIA V FOUNDATION INC
Tax-exempt · SEATTLE, WA 98109
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $633,001 | $558,426 | $74,575 | $2,388,784 | $187,237 | $2,201,547 |
| December 31, 2023 | 990 | $459,979 | $537,389 | -$77,410 | $2,380,749 | $253,777 | $2,126,972 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $379,003
- of which government grants
- $61,534
- Membership dues
- $11,400
- Program service revenue
- $240,181
- Investment income
- $12,201
- Net income from fundraising events
- -$2,369
- Net income from gaming
- -$5,126
- Net income from sales of inventory
- $9,111
- Other revenue
- $1,616
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $78,633
- Other salaries and wages
- $92,832
- Salaries, compensation and benefits (total)
- $186,726
- Professional fundraising fees
- $0
- Accounting fees
- $1,728
- Occupancy
- $5,098
- Depreciation
- $183,348
- Program services (functional)
- $450,899
- Management and general (functional)
- $53,925
- Fundraising (functional)
- $53,602
Balance sheet and other
- Total assets, start of year
- $2,380,749
- Total assets, end of year
- $2,388,784
- Total liabilities, end of year
- $187,237
- Net assets, end of year
- $2,201,547
- Land, buildings and equipment
- $1,894,035
- Net assets without donor restrictions
- $2,185,173
- Net assets with donor restrictions
- $16,374
- Gross receipts
- $659,431
- Employees
- 10
- Volunteers
- 65
- Year formed
- 1976
- State of legal domicile
- WA
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 |
|---|---|---|---|
| Alicia Barnes | Executive Director (hired March 2023) Officer | 40 | $78,633 |
| Jeffrey Deren | Vice President; Sec'y 12/14 into 2025 Trustee or director, Officer | 0.7 | $18,001 |
| Sterling MacKinnon | Director Trustee or director | 0.6 | $0 |
| Grant Johnson | Director thru 12/12/24 Trustee or director | 0.2 | $0 |
| Peter Proctor | Director Trustee or director | 0.5 | $0 |
| Brian Johnson | Director Trustee or director | 0.8 | $0 |
| Garret Holt | President thru 12/12/24 Trustee or director, Officer | 1.1 | $0 |
| Kyle Holt | Secretary; Pres. eff 12/12/24 Trustee or director, Officer | 1.8 | $0 |
| David Allais | Treasurer Trustee or director, Officer | 0.8 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Alicia Barnes | Executive Director (hired March 2023) Officer | 40 | $63,763 |
| Jeffrey Deren | Vice President Trustee or director, Officer | 1.2 | $18,001 |
| Debra Alderman | Executive Director (retired 2023) Officer | 9.6 | $8,991 |
| Sterling MacKinnon | Director Trustee or director | 0.8 | $0 |
| Gretchen Frankenstein | Director (served Mar-Jun) Trustee or director | 0.9 | $0 |
| Grant Johnson | Director Trustee or director | 0.5 | $0 |
| Peter Proctor | Director Trustee or director | 0.7 | $0 |
| Brian Johnson | Director Trustee or director | 0.9 | $0 |
| Garret Holt | President Trustee or director, Officer | 1.3 | $0 |
| Kyle Holt | Treasurer; Secretary Trustee or director, Officer | 2.9 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 9566, SEATTLE, WA 98109-0566
- Principal officer (990 for 2024)
- Alicia Barnes, PO Box 9566, Seattle, WA 98109
- Signed the 990
- Kyle Holt, Sec'y 2024; President eff 12/12/24
- Phone
- (206) 624-9119
- Website
- www.virginiav.org
Mission
Restoration, preservation, operation, and interpretation of the National Historic Landmark vessel Steamer Virginia V, the largest operational wooden passenger steamship in the United States. The vessel is used for public events, education programs, and private charters.
Program accomplishments
- Restoration/Preservation: During 2024, the Foundation's Director of Engineering conducted 62 work parties in which 21 volunteers contributed over 1,600 hours of their time performing routine mechanical/electrical maintenance, painting, and a variety of repairs to keep the ship in optimal condition. Volunteers contributed an additional 175 hours performing logistics supporting this preservation work. Noteworthy accomplishments include: Completed installation and USCG-approval of two remote boiler-shutdown switches (work begun in 2023); annual maintenance on ship's service generators (filters, oil change, etc.); correction of leaks in the hot-water space-heating system; annual contract pressure washing of bilges and the oily water holding tank; opening/inspection of the boiler drums and firebox; opening/inspection of main engine cylinders and main bearings; replacement of mechanical seals at the high pressure piston rod; and opening/inspection of the condenser end bells, with a determination that they are in sound condition. In February, the ship spent two weeks moored at Shilshole Bay Marina for the purpose of soaking the hull in saltwater for its preservative benefit. Liferafts and fire extinguishers received annual servicing; crew radios were replaced to provide reliable and safe operations. In addition to current year expenses noted, $45,954.40 were expended to acquire lumber for future structural work, funded by the Washington State Heritage Capital Projects grant approved in 2023. Current year expenses include 50% of reported depreciation.Expenses $166,190
- Operation: VIRGINIA V was built in 1922 and is the only traditional wooden steamship built to carry freight and passengers that is still regularly operating under steam on the tidal waters of the United States. VIRGINIA V conducted 64 discrete voyages over the course of 49 operating days in 2024, including 29 cruises open to the public, 9 wedding-related charters and 11 other private charters, carrying a total of 3,947 passengers. Eight of these public cruises were free, one-hour Steamship Sunday trips made on four days June-October in collaboration with our neighbors, The Center for Wooden Boats. Two public cruises were provided in collaboration with Seattle's Museum of History and Industry, which provided themed programs during those trips. In May, the ship visited Port Orchard, WA for its first annual Mosquito Fleet Festival, conducting three well attended public cruises and providing open-ship time for free tours. The ship circumnavigated Vashon Island, and made an extended trip to Olympia to attend the Harbor Days Festival over Labor Day Weekend, providing public cruises during transits between Tacoma and Olympia, and three public cruises at the event. One regular employee, 56 volunteers and three paid interns crewed the vessel, filling seven required positions and up to eight training positions on each trip. Crew accrued approximately 3,300 volunteer hours for these voyages. Expenses include 50% of reported depreciation.Expenses $233,520 · revenue $247,292
- Interpretation/Education: VIRGINIA V held over 120 days of open-ship at Lake Union Park and Puget Sound ports during 2024, welcoming 11,360 people for free visits. Our Senior Docent and volunteers led guided tours for almost all of these occasions, acquainting visitors with the ship and the history of the Puget Sound mosquito fleet. During 17 private and 14 public dockside events, the ship welcomed over 1,284 additional visitors. During cruises, crew routinely engaged passengers to tell the ship's story or describe its operation, and docents were specifically aboard during Steamship Sunday cruises to interpret the ship and the Lake Union/Portage Bay maritime history. The ship's steam engine remains fully visible to visitors and passengers. Engineering crew provided detailed interpretation of this artifact, in service since 1907 when it was installed on the ship that became VIRGINIA IV, and our Captains welcomed passengers into the wheelhouse underway when the safety of vessel operation permitted. Foundation staff and volunteers revel in sharing the ship and did so at every opportunity. The Foundation continued its summer internship program for high schoolers, hiring three students who worked 244 hours on the ship in deck- and engine-crew capacities. All became qualified to serve as crew of record in junior deck positions, and two have subsequently completed or begun formal maritime education. Two of our regular 2024 deck volunteers are also now working in the industry, having used their time with VIRGINIA V as their starting point. The ship welcomed several student groups for dockside tours tailored to their particular focus (e.g. Seattle Skills Center, Seattle Maritime Academy).Expenses $51,189 · revenue $2,000
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
- 91-0989160
- 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
- 1977
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A82Z)
- Assets (IRS master file)
- $2,388,784
- Income (IRS master file)
- $659,431
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $633,001 | $558,426 | $2,388,784 | XML |
| 990 | December 2023 | $459,979 | $537,389 | $2,380,749 | XML |
| 990 | December 2022 | $1,138,537 | $622,212 | $2,513,331 | IRS |
| 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 91-0989160).
Questions about STEAMER VIRGINIA V FOUNDATION INC
- What is the EIN of STEAMER VIRGINIA V FOUNDATION INC?
- The employer identification number (EIN) of STEAMER VIRGINIA V FOUNDATION INC is 91-0989160.
- Is STEAMER VIRGINIA V FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1977.
- Are donations to STEAMER VIRGINIA V FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does STEAMER VIRGINIA V FOUNDATION 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 STEAMER VIRGINIA V FOUNDATION INC 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 STEAMER VIRGINIA V FOUNDATION INC 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 STEAMER VIRGINIA V FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names Alicia Barnes.
- Who are the officers and directors of STEAMER VIRGINIA V FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 9 people; 2 received compensation from the organization, the highest $78,633 (Alicia Barnes, Executive Director (hired March 2023)).
- How much revenue does STEAMER VIRGINIA V FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $633,001, expenses of $558,426 and total assets of $2,388,784 at year end.
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