Arques Maritime Preservation Foundation EIN 94-3097708 Form 990 (PDF) Claim this org

Arques Maritime Preservation Foundation FY2023 filing

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Preserves traditional wooden boat building skills, design, navigation, and replication. For fiscal year 2023 it reported $185K in revenue, $386K in expenses, and $4.9M in net assets.Pt I

Founded
1995
Type
Public charity (501(c)(3)) · Nonprofit
Location
Sausalito, CA
Website
www.arqueschl.org
Filings
6 on file (2020–2023)
Revenue
$185KFY2023
Expenses
$386K
Net assets
$4.9M
People
5
Filings
6
Updates
0
More identity details & actions ⌄
EIN  94-3097708 Public charity (501(c)(3)) Sausalito, CA Founded 1995
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Preserves traditional wooden boat building skills, design, navigation, and replication.
Leadership
Robert Darr · Executive Director · $35K
Money in and out
$185K revenue, $386K expenses
Bottom line
64% program efficiency
Where the money goes · FY2023
Total revenue
$185K
Pt VIII · Ln 12
Total expenses
$386K
Pt IX · Ln 25
Net assets
$4.9M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$202K
Where spending went · Part IX cols B–D
Program services $0.64 Management & general $0.36
Program efficiency
64%
of spending reaches programs
Operating runway
151.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
-109%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$185K
FY2023▲ +31%
Expenses
$386K
FY2023▲ +90%
Total assets
$4.9M
FY2023▲ +7%
Total liabilities
$0
FY2023
Total revenue
$185K
Pt VIII · Ln 12
Total expenses
$386K
Pt IX · Ln 25
Net assets
$4.9M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$202K
Total assetsPt X · Ln 16$4.9M
Program-expense ratioPt IX · col B64%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CArques Maritime Preservation Foundation
EINHdr · item D94-3097708
Principal addressHdr · item CSausalito, CA
WebsiteHdr · item Jwww.arqueschl.org
Year of formationHdr · item L1995
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFMar 1990

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 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$34,560Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Financial Officer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Robert Darr$17,600$32,360$34,560$35,280
Robert Darr$34,560$34,492

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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Mission & Programs · Part III

Where the work happens

1 program service account for $248K of program spending, described in the organization's own filed words · FY2023.
01

The preservation of traditional wooden boat building skills, wooden boat design and related maritime history

$248Kprogram expense

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Statement of Revenue

Part VIII
Investment income$127K · 69%
Other revenue$50K · 27%
Program service revenue$6K · 3%
Contributions & grants$2K · 1%
Investment income69%$127K
Other revenue27%$50K
Program service revenue3%$6K
Contributions & grants1%$2K
Total revenueLn 12$185K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.64 Management & general $0.36
Program services64%$248K
Management & general36%$138K
Total functional expensesLn 25$386K

Balance Sheet

Part X · end of year
CashLn 1$256K
Total assetsLn 16$4.9M
Total liabilitiesLn 26$0
Total net assetsLn 32$4.9M
Months of cash on handcomputed8.0

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $4.9M · Operating expenses/yr $386K
151.8 months
Where the money goes
Program services
Program services $248K · Total expenses $386K
64%
Management & General
Management & general $138K · Total expenses $386K
36%
Fundraising
Fundraising $0 · Total expenses $386K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $2K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $2K · Total revenue $185K
1%
Government reliance
Government grants — · Total revenue $185K
Earned-income share
Program service revenue $6K · Total revenue $185K
3%
Investment reliance
Investment income $127K · Total revenue $185K
+69%
Program self-sufficiency
Program service revenue $6K · Total expenses $386K
1%
Growth & trend
Revenue growth (YoY)
This year $185K · Prior year $141K
+31%
Net-asset trend (YoY)
End of year $4.9M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $185K · Expenses $386K
-109%
Liabilities-to-Assets
Total liabilities — · Total assets $4.9M
Net-asset ratio
Net assets $4.9M · Total assets $4.9M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $4.6M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $4.9M
95%
People & payroll
Highest Reported Total Compensation
Individual Robert Darr · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $35K · Total expenses $386K
9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $61K · Total expenses $386K
16%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 64%
Overhead ratio 36%
Fundraising cost ratio 0%
Revenue growth 31%
Investment management fee ratio 0.3%
Legal fee ratio 6%
Accounting fee ratio 2%

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.

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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
FY2025 (Latest)$148K revenue · ⤓ 990 PDF
FY2024$130K revenue · ⤓ 990 PDF
FY2023$185K revenue · viewing · ⤓ 990 PDF
FY2022$141K revenue · ⤓ 990 PDF
FY2021$183K revenue · ⤓ 990 PDF
FY2020$135K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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