Steamer Virginia V Foundation Inc is a 501(c)(3) organization based in Seattle, Washington, registered in 1977, with $633,001 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$633K
▲ 37.6% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$558K
Net assets
$2.2M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Steamer Virginia V Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Steamer Virginia V Foundation Inc: 47 mo reserves · +12% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Steamer Virginia V Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Steamer Virginia V Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $405K (FY2017) to $633K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
11.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.4M
Total liabilities
$187K
Net assets
$2.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $633,001▲37.6% | $558,426▲3.9% | $2,201,547▲3.5% | $2,388,784▲0.3% | 990 |
| 2023 | $459,979▼59.6% | $537,389▼13.6% | $2,126,972▼3.5% | $2,380,749▼5.3% | 990 |
| 2022 | $1,138,537▼2.2% | $622,212▼11.3% | $2,204,382▲30.6% | $2,513,331▲17.3% | 990 |
| 2021 | $1,163,610▲211% | $701,237▲48.6% | $1,688,057▲37.7% | $2,142,526▲53.4% | 990 |
| 2020 | $374,528▼23.5% | $471,757▼17.3% | $1,225,684▼18.1% | $1,396,838▼18.3% | 990 |
| 2018 | $489,539▲20.8% | $570,420▲11.1% | $1,496,491▼7.4% | $1,708,799▼8.9% | 990 |
| 2017 | $405,218 | $513,364 | $1,616,526 | $1,875,379 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
11 grants to Steamer Virginia V Foundation Inc totaling $339K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $8,027 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2022 | $50,000 |
| Ndc Housing and Economic Development Corporation | Covid-19 assistance | 2020 | $12,500 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2020 | $8,500 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2020 | $8,500 |
| The Seattle Foundation | Support ongoing maintenance of the virginia v and the expansion of their youth maritime program with ballard high school, to be named for mr. birkenfeld. | 2017 | $200,000 |
| The Seattle Foundation | To provide general support. | 2017 | $500 |
| The Seattle Foundation | To provide general support. | 2017 | $100 |
| The Seattle Foundation | Support ongoing maintenance of the virginia v and the expansion of their youth maritime program with ballard high school, to be named for mr. birkenfeld. | 2014 | $50,000 |
| The Seattle Foundation | To provide support for maintaining the ship. | 2014 | $500 |
| The Seattle Foundation | To provide general support. | 2014 | $323 |
Explore more
Data for Steamer Virginia V Foundation Inc (EIN 91-0989160) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.