International Seakeepers Society Inc

Analysis

International Seakeepers Society Inc is a registered charity in United States, based in Coral Gables, FL. It received its IRS tax-exemption ruling in October 1998, 28 years ago. Its declared purposes cover science and technology, 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 2023, International Seakeepers Society Inc reported income of $17.8m and spending of $3.8m, leaving 78% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income fell from $20.7m to $17.8m (-14%), an average of -3.0% a year. The sharpest change came in the year to December 2020, when income rose by 2516%. Over the whole period it spent 24% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, International Seakeepers Society Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Riverside Theatre Inc ($17.8m), River of Life Foundation ($17.8m) and The Apollo Theater Foundation Inc ($17.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 24% of the total. Other salaries and wages came to $483k. At year end it held assets of $103.7m against liabilities of $2.5m, net assets of $101.2m. It reported 9 employees.