Overview

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Est.

1982

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

PORTSMOUTH SUBMARINE & MARITIME ASSOCIATION is a history museum nonprofit focused on educating the public about the maritime history of the Piscataqua River Basin, the Portsmouth Naval Shipyard, and the U.S. Navy’s submarine service. Based around the former USS Albacore and its associated museum, it operates at a modest scale with a 2025 operating budget of $671.1K and total revenue of $555.5K, while reported support from major funders includes New Hampshire Charitable Foundation, Ruby W and Lavon P Linn Foundation, and ROBERT & ELIZABETH MULLER FOUNDATION INC.

Mission Statement

TO EDUCATE THE PUBLIC ABOUT THE MARITIME HISTORY OF THE PISCATAQUA RIVER BASIN, AND THE SIGNIFICANCE OF THE PORTSMOUTH NAVAL SHIPYARD AND THE U.S. NAVY'S SUBMARINE SERVICE. IT'S MOST SIGNIFICANT ACTIVITY IS THE DISPLAY OF A SUBMARINE, THE FORMER USS ALBACORE, AND AN ASSOCIATED MUSEUM.
Revenues
$1.4M
Expenses
$583.9K
Net Income:
+$779.9K
Assets
$2.7M
Liabilities
$5.3K
Net Assets:
+$2.7M
Operating Budget
$583.9K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
2
Median grant size
$716.6K
Largest grant received
$1.4M
K
Kenneth Latchaw
Board Member
J
James Wakefield
Board Member
P
Philip Munck
Board Member
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  • 4 funders
  • 20 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is PORTSMOUTH SUBMARINE & MARITIME ASSOCIATION’s budget?
In 2024, PORTSMOUTH SUBMARINE & MARITIME ASSOCIATION reported an annual operating budget of around $584 thousand. More detailed financial information is available to registered users.
What causes does PORTSMOUTH SUBMARINE & MARITIME ASSOCIATION support?
PORTSMOUTH SUBMARINE & MARITIME ASSOCIATION supports work in History museums.
Where does PORTSMOUTH SUBMARINE & MARITIME ASSOCIATION operate?
PORTSMOUTH SUBMARINE & MARITIME ASSOCIATION is headquartered in PORTSMOUTH, NH.
Who funded PORTSMOUTH SUBMARINE & MARITIME ASSOCIATION recently?
In 2024, PORTSMOUTH SUBMARINE & MARITIME ASSOCIATION received grants from New Hampshire Charitable Foundation, Ruby W and Lavon P Linn Foundation, and New Hampshire Charitable Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant PORTSMOUTH SUBMARINE & MARITIME ASSOCIATION received in 2024?
The largest grant to PORTSMOUTH SUBMARINE & MARITIME ASSOCIATION in 2024 exceeds $1.4 million.