Foss Waterway Seaport

Organization Overview

Foss Waterway Seaport is located in Tacoma, WA. The organization was established in 1997. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Foss Waterway Seaport employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foss Waterway Seaport 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 12/2021, Foss Waterway Seaport generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $1.0m during the year ending 12/2021. While expenses have increased by 0.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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

OPERATING A COMMUNITY MARITIME HERITAGE, EDUCATION AND RECREATIONAL CENTER.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOSS WATERWAY SEAPORT IS PUGET SOUND'S MARITIME HERITAGE, EDUCATION, AND EVENT CENTER WHERE FAMILIES, GROUPS AND COMMUNITIES COME TO DISCOVER, EXPLORE, WORK, AND PLAY. THE FOSS WATERWAY SEAPORT CELEBRATES TACOMA'S RICH MARITIME HERITAGE- PAST, PRESENT AND FUTURE. IT IS LOCATED ON THE WATERFRONT IN A CENTURY-OLD WOODEN WHEAT WAREHOUSE BUILT FOR CARGO ARRIVING BY RAIL AND DEPARTING BY SAIL ("WHERE RAILS MEET SAILS") DURING THE EARLY YEARS OF TACOMA. ACTIVITIES INCLUDE MARITIME HERITAGE EXHIBITS, HERITAGE BOAT SHOP, LAND- AND BOAT-BASED EDUCATION, EVENT RENTAL SPACE AND GUEST BOAT MOORAGE.


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Board, Officers & Key Employees

Name (title)Compensation
J Brent Mason
Executive Director
$110,023
Steven Keller
President
$0
Luke Curtis
Vice President
$0
Colby Parks
2nd Vice President And Sec
$0
Richard Schmidtke
Treasurer
$0
Ryan Spence
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$5,836
Fundraising events$0
Related organizations$0
Government grants $722,652
All other contributions, gifts, grants, and similar amounts not included above$370,727
Noncash contributions included in lines 1a–1f $800
Total Revenue from Contributions, Gifts, Grants & Similar$1,099,215
Total Program Service Revenue$202,184
Investment income $18,186
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 $2,197
Miscellaneous Revenue$0
Total Revenue $1,362,741

Grants Recieved

Over the last fiscal year, we have identified 11 grants that Foss Waterway Seaport has recieved totaling $240,888.

Awarding OrganizationAmount
James M Lea Foundation

Seattle, WA

PURPOSE: TO FUND THE "SCIENCE ON THE SEA PROGRAM AND "ECO-KAYAKING PROGRAM"

$65,000
The Russell Family Foundation

Gig Harbor, WA

PURPOSE: SCIENCE ON THE SEA ENVIRONMENTAL AND MARINE SCIENCE EDUCATION

$50,000
The Confidence Foundation

South Pasadena, CA

PURPOSE: ONLINE SCIENCE EDUCATION PROGRAM

$40,000
International Longshore & Warehouse Union

Fife, WA

PURPOSE: General support

$33,250
Discuren Charitable Foundation

Seattle, WA

PURPOSE: SCIENCE ON THE SEA PROJECT

$25,000
Greater Tacoma Community Foundation

Tacoma, WA

PURPOSE: OPERATING SUPPORT, PROGRAM SUPPORT

$13,115
View Grant Recipient Profile

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