Maritime Heritage Alliance

Analysis

Maritime Heritage Alliance is a registered charity in United States, based in Traverse City, MI. It received its IRS tax-exemption ruling in August 1984, 42 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Maritime Heritage Alliance reported income of $106k and spending of $18k, leaving 83% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $150k to $106k (-29%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 39%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Maritime Heritage Alliance sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within MI. Charities of a similar size with the same main cause include Alta Club Building Foundation Inc ($106k), The Collaborative ($106k) and North Coast Cultural Association Inc ($106k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 82% and program service revenue 9.4% of the total. At year end it held assets of $458k against liabilities of $0, net assets of $458k. It reported 3 employees.