Rpm Nautical Foundation

Organization Overview

Rpm Nautical Foundation is located in Key West, FL. The organization was established in 2001. According to its NTEE Classification (U11) the organization is classified as: Single Organization Support, under the broad grouping of Science & Technology and related organizations. As of 09/2021, Rpm Nautical Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rpm Nautical Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 09/2021, Rpm Nautical Foundation generated $768.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $1.1m during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT INSTITUTIONS ENGAGED IN THE SCIENTIFIC IDENTIFICATION, RECOVERY, CONSERVATION AND STUDY OF UNDERWATER ARCHAEOLOGICAL AND HISTORICAL SITES

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO SUPPORT INSTITUTIONS ENGAGED IN THE SCIENTIFIC IDENTIFICATION, RECOVERY, CONSERVATION AND STUDY OF UNDERWATER ARCHAEOLOGICAL AND HISTORICAL SITES


TO SUPPORT INSTITUTIONS ENGAGED IN THE SCIENTIFIC IDENTIFICATION, RECOVERY, CONSERVATION AND STUDY OF UNDERWATER ARCHAEOLOGICAL AND HISTORICAL SITES


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$108,359
Investment income $660,001
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $768,360

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Rpm Nautical Foundation has recieved totaling $5,850.

Awarding OrganizationAmount
Network For Good Inc

Washington, DC

PURPOSE: Unrestricted

$5,850
View Grant Recipient Profile

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