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EIN 91-1246282

Hydroplane and Raceboat Museum

IRS 501(c) type
501(c)(3)
Num. employees
5
City
Kent
State
Washington
Year formed
1983
Most recent tax filings
2022-12-01
NTEE code, primary
A54: History Museums
Description
Hydroplane and Raceboat Museum preserves the history of boat racing and educates the public. The museum funds a youth program, which engages teenagers and adults to rebuild vintage hydroplanes, with around 13 teens and 27 adults participating. It maintains its facility to house historical items for the public to enjoy.
Total revenues
$538,775
2022
Total expenses
$515,024
2022
Total assets
$2,760,598
2022
Num. employees
5
2022

Program areas at Hydroplane and Raceboat Museum

Maintenance of Museum facility to preserve and house historical items for the public to enjoy.
Funding of a youth program where teenagers and adults participate in rebuilding vintage hydroplanes. Approximately 13 teens and 27 adults participated.

Who funds Hydroplane and Raceboat Museum

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Mightycause Charitable FoundationUnrestricted$9,878
The Blackbaud Giving FundGeneral Support$5,942
Apex FoundationGreatest Need/ Unrestricted Support$5,000
...and 2 more grants received

Personnel at Hydroplane and Raceboat Museum

NameTitleCompensation
David WilliamsExecutive Director$66,000

Financials for Hydroplane and Raceboat Museum

RevenuesFYE 12/2022
Total grants, contributions, etc.$432,716
Program services$99,656
Investment income and dividends$3
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$4,328
Net gain from sale of non-inventory assets$0
Net income from fundraising events$7,122
Net income from gaming activities$0
Net income from sales of inventory$-5,050
Miscellaneous revenues$0
Total revenues$538,775

Form 990s for Hydroplane and Raceboat Museum

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-10-04990View PDF
2020-122021-11-11990View PDF
2019-122021-04-06990View PDF
2018-122020-01-28990View PDF
...and 9 more Form 990s
Data update history
January 9, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 8, 2024
Updated personnel
Identified 1 new personnel
December 26, 2023
Received grants
Identified 3 new grant, including a grant for $5,000 from Apex Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 7, 2023
Received grants
Identified 2 new grant, including a grant for $10,000 from Apex Foundation
Nonprofit Types
Arts, culture, and humanities nonprofitsMuseumsCharities
Issues
Arts, cultural, and humanities
Characteristics
MembershipsFundraising eventsReceives government fundingTax deductible donationsAccepts online donations
General information
Address
5917 S 196th St
Kent, WA 98032
Metro area
Seattle-Tacoma-Bellevue, WA
County
King County, WA
Website URL
thunderboats.org/ 
Phone
(206) 764-9453
IRS details
EIN
91-1246282
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1983
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A54: History Museums
NAICS code, primary
7121: Museums, Historical Sites, and Similar Institutions
Parent/child status
Independent
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