Lighthouse Archaeological Maritime Program INC EIN 59-3656411 Form 990 (PDF) Claim this org

Lighthouse Archaeological Maritime Program INC FY2020 filing

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Preserves and shares the history of the nation's oldest port and its lighthouse. For fiscal year 2020 it reported $274K in revenue, $360K in expenses, and $44K in net assets.Pt I

Founded
1997
Type
Public charity (501(c)(3)) · Arts & Culture
Location
St Augustine, FL
Website
www.staugustinelighthouse.org
Filings
5 on file (2020–2020)
Revenue
$274KFY2020
Expenses
$360K
Net assets
$44K
People
5
Filings
5
Updates
0
More identity details & actions ⌄
EIN  59-3656411 Public charity (501(c)(3)) St Augustine, FL Founded 1997
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Preserves and shares the history of the nation's oldest port and its lighthouse.
Leadership
Bob Buehn · Chairperson
Money in and out
$274K revenue, $360K expenses
Bottom line
95% program efficiency
Where the money goes · FY2020
Total revenue
$274K
Pt VIII · Ln 12
Total expenses
$360K
Pt IX · Ln 25
Net assets
$44K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$86K
Where spending went · Part IX cols B–D
Program services $0.95 Management & general $0.02 Fundraising $0.03
Program efficiency
95%
of spending reaches programs
Operating runway
1.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
-31%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$274K
FY2020
Expenses
$360K
FY2020
Total assets
$60K
FY2020
Total liabilities
$16K
FY2020
Total revenue
$274K
Pt VIII · Ln 12
Total expenses
$360K
Pt IX · Ln 25
Net assets
$44K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$86K
Total assetsPt X · Ln 16$60K
Program-expense ratioPt IX · col B95%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

3 program services account for $341K of program spending, described in the organization's own filed words · FY2019.
01

Archaeological Research

The research arm of the ST. Augustine lighthouse and maritime museum is the separately incorporated lighthouse archaeological maritime program (lamp). Lamp maintains an active program of both archival and archaeological research and employs archaeologists, a professional paleographer (expert on colonial spanish script), and an…

$269Kprogram expense
02

Maritime Archaeological Field School

Lamp oversees an intense accredited educational program allowing both undergraduate and graduate students the opportunity to participate in a marine survey and underwater excavation of an historic shipwreck site.

$61Kprogram expense
03

Public Archaeology

Lamp boatworks is dedicated to keeping traditional wooden boatbuilding alive and relevant for new generations by focusing on the construction of traditional vessel types once common in the waters of ST. Augustine and northeast florida.

$10Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLighthouse Archaeological Maritime Program INC
EINHdr · item D59-3656411
Principal addressHdr · item CSt Augustine, FL
WebsiteHdr · item Jwww.staugustinelighthouse.org
Year of formationHdr · item L1997
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A50)
Ruling yearIRS BMFAug 2002

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Chairperson
$0Pt VII · Sec A
Chief Admin
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Vice Chairpe
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$213K · 78%
Program service revenue$61K · 22%
Contributions & grants78%$213K
Program service revenue22%$61K
Investment income$19
— government grantsLn 1e$20K
Total revenueLn 12$274K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.95 Management & general $0.02 Fundraising $0.03
Program services95%$341K
Management & general2%$8K
Fundraising3%$11K
Total functional expensesLn 25$360K

Balance Sheet

Part X · end of year
CashLn 1$29K
Total assetsLn 16$60K
Total liabilitiesLn 26$16K
Total net assetsLn 32$44K
Months of cash on handcomputed1.0

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $29K · Operating expenses (Pt IX) $360K · Less non-cash grants $24K · Cash operating expenses/yr $336K
1.1 months
Where the money goes
Program services
Program services $341K · Total expenses $360K
95%
Management & General
Management & general $8K · Total expenses $360K
2%
Fundraising
Fundraising $11K · Total expenses $360K
3%
Cost to raise $1
Fundraising expense $11K · Solicited contributions $194K
$0.06 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $213K · Total revenue $274K
78%
Government reliance
Government grants $20K · Total revenue $274K
7%
Earned-income share
Program service revenue $61K · Total revenue $274K
22%
Investment reliance
Investment income $19 · Total revenue $274K
<0.01%
Program self-sufficiency
Program service revenue $61K · Total expenses $360K
17%
Growth & trend
Revenue growth (YoY)
This year $274K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $44K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $274K · Expenses $360K
-31%
Liabilities-to-Assets
Total liabilities — · Total assets $60K
Net-asset ratio
Net assets $44K · Total assets $60K
74%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $60K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Bob Buehn · Reported title CHAIRPERSON · Highest reported compensation $0 · Total expenses $360K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $241K · Total expenses $360K
67%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 95%
Overhead ratio 2%
Fundraising cost ratio 5%
Accounting fee ratio 0.7%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2019
Total grants receivedfrom 1 funder$10K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$376K revenue · ⤓ 990 PDF
FY2023$485K revenue · ⤓ 990 PDF
FY2022$417K revenue · ⤓ 990 PDF
FY2021$265K revenue · ⤓ 990 PDF
FY2020$274K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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