STEAMSHIP HISTORICAL SOCIETY OF AMERICA

EIN: 546053001 501(c)(3) Arts, Culture & Humanities

WARWICK, RI

Total Revenue
$705,777
Total Expenses
$632,878
Total Assets
$852,278
Net Assets
$452,118
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1935
Legal Domicile
RI
Principal Officer
MATTHEW S SCHULTE
Phone
4014633570
Tax Period
2024-01-01 to 2024-12-31

STEAMSHIP HISTORICAL SOCIETY OF AMERICA, founded in 1935, is a small nonprofit in the Arts, Culture & Humanities sector that reported $706K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $633K left a modest 10% surplus.

Mission

THE SOCIETY WAS ORGANIZED TO PRESERVE AND DISSEMINATE THE HISTORY OF ENGINE-POWERED VESSELS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $276,888
Program Service Revenue $0
Investment Income $7,146
Other Revenue $421,743
TOTAL REVENUE $705,777

Expense Breakdown

Grants Paid $0
Salaries & Benefits $273,734
Fundraising Expenses $57,255
Program Expenses $424,791
Other Expenses $359,144
TOTAL EXPENSES $632,878

Year-over-Year Comparison

2024 2023 Change
Revenue $705,777 $626,904 +0.1%
Expenses $632,878 $614,324 +0.0%
Net Income $72,899 $12,580 +4.8%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
15
Independent Members
15
Employees
7
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✓ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATTHEW S SCHULTE EXECUTIVE DI N/A
Highest
$145,750 $0 $145,750
PATRICK DACEY PRESIDENT N/A
Officer Director
$0 $0 $0
JIMMY ZATWARNICKI PRESIDENT N/A
Officer Director
$0 $0 $0
ANDREW COGGINS SECRETARY N/A
Officer Director
$0 $0 $0
BARRY EAGER VICE PRESIDE N/A
Officer Director
$0 $0 $0
NICHOLAS LANGHART VP / TREASUR N/A
Officer Director
$0 $0 $0
DONALD LEAVITT DIRECTOR N/A
Director
$0 $0 $0
BEN LYONS DIRECTOR N/A
Director
$0 $0 $0
WILLIAM MILLER JR DIRECTOR N/A
Director
$0 $0 $0
DAVID PICKERING DIRECTOR N/A
Director
$0 $0 $0
CHRISTIAN RODEN DIRECTOR N/A
Director
$0 $0 $0
DARSHELL SILVA DIRECTOR N/A
Director
$0 $0 $0
CLINT STRONG DIRECTOR N/A
Director
$0 $0 $0
ERIC TAKAKJIAN DIRECTOR N/A
Director
$0 $0 $0
TERRY TILTON DIRECTOR N/A
Director
$0 $0 $0
KATE VESCERA DIRECTOR N/A
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $705,777 $632,878 $852,278 $72,899
2023 $626,904 $614,324 $1,065,232 $12,580
2022 $593,693 $550,314 $1,246,849 $43,379
2021 $1,094,974 $541,174 $1,614,192 $553,800
2020 $902,198 $663,590 $2,666,241 $238,608
2019 $562,352 $635,414 $1,649,770 $-73,062
2018 $349,853 $577,321 $1,869,944 $-227,468
Explore More Nonprofits
→Top 100 Nonprofits in Rhode Island →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare STEAMSHIP HISTORICAL SOCIETY OF AMERICA with other nonprofits in Rhode Island and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.