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EIN 91-1246282

Hydroplane and Raceboat Museum

IRS 501(c) type
501(c)(3)
Num. employees
5
City
Kent
State
Washington
Year formed
1983
Most recent tax filings
2023-12-01
NTEE code, primary
A54: History Museums
Description
Hydroplane and Raceboat Museum preserves the history of boat racing and educates the public. The museum funds a youth program, which engages teenagers and adults to rebuild vintage hydroplanes, with around 13 teens and 27 adults participating. It maintains its facility to house historical items for the public to enjoy.
Total revenues
$1,026,385
2023
Total expenses
$544,494
2023
Total assets
$3,216,171
2023
Num. employees
5
2023

Program areas at Hydroplane and Raceboat Museum

Maintenance of Museum facility to preserve and house historical items for the public to enjoy.
Funding of a youth program where teenagers and adults participate in rebuilding vintage hydroplanes. Approximately 13 teens and 27 adults participated.

Who funds Hydroplane and Raceboat Museum

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Apex FoundationProject Support$125,000
Apex FoundationProject Support$50,000
Network for GoodUnrestricted$8,778
...and 4 more grants received

Financials for Hydroplane and Raceboat Museum

RevenuesFYE 12/2023
Total grants, contributions, etc.$784,672
Program services$223,998
Investment income and dividends$4
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$3,164
Net gain from sale of non-inventory assets$0
Net income from fundraising events$-238
Net income from gaming activities$0
Net income from sales of inventory$14,785
Miscellaneous revenues$0
Total revenues$1,026,385
Data update history
February 7, 2025
Updated personnel
Identified 1 new personnel
February 5, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 14, 2025
Received grants
Identified 5 new grant, including a grant for $125,000 from Apex Foundation
September 21, 2024
Received grants
Identified 2 new grant, including a grant for $9,878 from Mightycause Charitable Foundation
January 9, 2024
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Arts, culture, and humanities nonprofitsMuseumsCharities
Issues
Arts, cultural, and humanities
Characteristics
Fundraising eventsTax deductible donationsAccepts online donations
General information
Address
5917 S 196th St
Kent, WA 98032
Metro area
Seattle-Tacoma-Bellevue, WA
County
King County, WA
Website URL
thunderboats.org/ 
Phone
(206) 764-9453
IRS details
EIN
91-1246282
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1983
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A54: History Museums
NAICS code, primary
7121: Museums, Historical Sites, and Similar Institutions
Parent/child status
Independent
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