Lowells Maritime Foundation Dba Lowells Boat Shop
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 38,886 | 37,078 | 1,808 | 61.5 | — |
| 2012 | 193,922 | 146,844 | 47,078 | 19.4 | 53% |
| 2013 | 164,265 | 208,716 | −44,451 | 11.1 | 61% |
| 2014 | 305,706 | 201,699 | 104,007 | 17.7 | 63% |
| 2015 | 284,219 | 243,892 | 40,327 | 16.5 | 31% |
| 2016 | 250,196 | 240,899 | 9,297 | 17.2 | 56% |
| 2017 | 332,547 | 231,285 | 101,262 | 23.2 | 56% |
| 2018 | 354,455 | 273,314 | 81,141 | 23.1 | 61% |
| 2019 | 434,990 | 342,361 | 92,629 | 22.0 | 65% |
| 2020 | 493,152 | 344,112 | 149,040 | 27.4 | 68% |
| 2021 | 436,677 | 374,552 | 62,125 | 27.7 | 66% |
| 2022 | 403,104 | 386,081 | 17,023 | 25.8 | 64% |
| 2023 | 425,168 | 426,475 | −1,307 | 24.1 | 61% |
In its most recent public year (2023), this organization spent $1,307 more than it brought in. Its reserves stood at about 24.1 months of spending, down from 61.5 in 2011. Staff pay was 61% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Lowells Maritime Foundation Dba Lowells Boat Shop's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works