Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2001.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
82 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
21 people listed on the 990; $121K paid to officers and key staff.
Michael Izzi’s $93K as FMR Exec Dir is at the 85th percentile of top reported officer pay among 2216 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 4 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Jeff Alter | $28,000 | $140,000 | — | — | — | — |
| Michael Izzi | $93,333 | — | $57,884 | — | — | — |
| Glenn Brumage | — | — | — | — | $68,192 | $87,750 |
| Steve Morris | — | — | — | $85,023 | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Preserves surfing history by collecting and documenting surf craft, photos, and memorabilia.
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The surfing heritage and culture center (shacc) offers hosted and individual tours of its extensive collection, featuring approximately 500 historic surfboards and 100,000 photographs. Shacc boasts a total collection of around 500,000 objects.
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $624K | $1.1M |
| InvestmentsLn 11–13 | $899K | $38K |
| Land, buildings, equipmentLn 10c | $1.6M | $1.6M |
| Total assetsLn 16 | $5.6M | $5.7M |
| LiabilitiesLn 26 | $37K | $21K |
| Net assetsLn 32 | $5.5M | $5.7M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $107K | $37K | $44K | $27K |
| Other salaries and wagesLn 7 | $197K | $176K | $15K | $7K |
| Other employee benefitsLn 9 | $11K | $8K | $2K | $1K |
| Payroll taxesLn 10 | $25K | $17K | $5K | $3K |
| Legal feesLn 11b | $4K | $4K | ||
| Accounting feesLn 11c | $8K | $8K | ||
| Other fees for servicesLn 11g | $118K | $118K | ||
| Advertising and promotionLn 12 | $24K | $20K | $4K | |
| Office expensesLn 13 | $10K | $10K | ||
| Information technologyLn 14 | $39K | $34K | $5K | |
| OccupancyLn 16 | $66K | $66K | ||
| TravelLn 17 | $2K | $2K | ||
| Depreciation, depletion and amortizationLn 22 | $38K | $38K | ||
| InsuranceLn 23 | $18K | $18K | ||
| Other expenses (24a–d)Ln 24 | $32K | $32K | ||
| All other expensesLn 24e | $215 | $215 | ||
| Total functional expensesLn 25 | $700K | $575K | $78K | $47K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest Viewing | $860K | $700K | $160K | $5.7M | 990 PDF |
| FY2024 | $428K | $987K | −$560K | $5.5M | 990 PDF |
| FY2023 | $281K | $437K | −$156K | $6.1M | 990 PDF |
| FY2022 | $637K | $561K | $76K | $6.2M | 990 PDF |
| FY2021 | $2.0M | $383K | $1.6M | $6.1M | 990 PDF |
| FY2020 | $453K | $451K | $2K | $4.5M | 990 PDF |
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Schedules filed Part IV
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $860,157 across 11 lines filed
Part IX · Statement of functional expenses $700,121 across 16 lines filed
Part X · Balance sheet $5,691,082 assets, 15 lines filed
Part XI · Reconciliation of net assets $5,669,920 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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