Overview
What is Nauticus?
Nauticus Dba Nauticus Foundation, headquartered in Norfolk, Virginia, serves as a maritime discovery center situated along the waterfront. This nonprofit organization offers an immersive learning experience for individuals of all ages, utilizing interactive exhibits and STEM-focused programs. The museum, along with the Battleship Wisconsin, sailing center, and Schooner Virginia, showcases the maritime environment, industry, and military, providing a contemporary perspective on global maritime commerce and naval power. The Nauticus Foundation's mission is to enrich the community through education, impactful experiences, and by granting access to maritime resources, ultimately inspiring and educating visitors about our connections with the modern maritime world. Their dedicated workforce, consisting of 89 employees, strives to ensure that the center remains a valuable asset to the community.
Official website here: www.nauticus.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 95% (Four-Star out of Four Star Rating)**
Nauticus Foundation has achieved an impressive 95% rating on Charity Navigator, reflecting its strong commitment to accountability and financial stewardship. The organization boasts a perfect score in the Accountability & Finance category, showing excellent oversight with a fully independent board and rigorous financial practices. With no material diversions of assets reported and high program expense ratios, Nauticus demonstrates effective use of its funds toward mission-related activities.
Strengths noted in the organization include its extensive independent board comprising 17 members and a commendable financial health indicated by specific metrics such as a modest liabilities-to-assets ratio. Furthermore, the organization has implemented various equity strategies and policies that promote transparency and ethical governance, enhancing trust among stakeholders.
Unfortunately, there is a lack of user reviews from GreatNonprofits, which prevents an insight into the direct experiences of beneficiaries or volunteers. Overall, while the financial ratings suggest a robust organization, further feedback from community engagement would provide a more rounded perspective on its impact in the field.
This AI summary has been generated from information found on Charity Navigator.
Is Nauticus legitimate?
Nauticus is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nauticus submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $161,963
Professional Fundraising Fees: $0
Other Salaries and Wages: $884,802
For more financial information, click here
Official website here: www.nauticus.org
What is the mission statement of Nauticus?
Nauticus Dba Nauticus Foundation's mission is centered around educating and engaging the public with interactive experiences that celebrate our connection to the modern maritime world. The organization operates as a contemporary museum, utilizing its harbor setting to showcase global maritime commerce and the world's largest navy. Their mission is to contribute positively to their community by providing education, offering impactful experiences, and granting access to maritime resources. Nauticus functions as a maritime discovery center, offering experiential learning opportunities through interactive exhibits and STEM-to-stern programming. The center utilizes its museum, battleship, sailing center, and schooner to share stories about the maritime environment, industry, and military.
Official website here: www.nauticus.org
Who is the CEO of Nauticus?
Stephen Kirkland is the Chair of Nauticus.
Official website here: www.nauticus.org
What is the revenue of Nauticus?
Nauticus's revenue in 2022 was $7,543,316.
Official website here: www.nauticus.org
Who are the executives of Nauticus and what are their salaries?
The average compensation at Nauticus during 2022 was $11,761. There are 89 employees and 150 volunteers at Nauticus.
Here are 17 key members and their salaries:
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- Related: $133,716
- Other: $28,248
Official website here: www.nauticus.org
Where can I find the form 990 for Nauticus?
Nauticus's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nauticus.org
Learn more at the official website: www.nauticus.org
Mission Statement of Nauticus
Nauticus Dba Nauticus Foundation, a contemporary museum, exists with a mission to enrich its community through education, impactful experiences, and the sharing of maritime resources. By showcasing global maritime commerce and the world's largest navy, Nauticus encourages people to celebrate their connections with today's maritime world. The organization achieves this mission by offering engaging and interactive experiences that incorporate the natural setting of Norfolk's harbor, utilizing the museum, Battleship Wisconsin, sailing center, and Schooner Virginia to tell compelling stories about the maritime environment, industry, and military. Through interactive exhibits and STEM to stern programming, Nauticus provides a unique form of experiential learning for individuals of all ages, fostering a stronger understanding and appreciation for the maritime world.
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Impact
July, 2024
Nauticus Dba Nauticus Foundation's impact is significant in inspiring and educating people of all ages through engaging and interactive experiences that celebrate our connections with today's maritime world. Located in downtown Norfolk, Virginia, Nauticus serves as a maritime discovery center that utilizes interactive exhibits and STEM programming to provide experiential learning opportunities. By leveraging the museum, Battleship Wisconsin, sailing center, and schooner Virginia, Nauticus effectively tells the story of the maritime environment, industry, and the military. Overall, Nauticus Foundation benefits its community by providing impactful educational experiences and sharing access to maritime resources.
This information is meant to be a general summary of Nauticus. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $20,436
- Program Service Revenue: $1,286,983
- Gross Receipts: $7,972,975
Assets and Liabilities:
- Total Assets: $12,429,451
- Total Liabilities: $873,982
- Net Assets: $11,555,469
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EVENT ADMISSION
Revenue
$818,414
MEMBERSHIP
Revenue
$146,722
OTHER
Revenue
$138,432
PROGRAM FEES
Revenue
$124,291
TUITION
Revenue
$59,124
Organization Details
Founding Year
1988
Phone
(757) 664-1000Principal Officer
Stephen Kirkland
Main Address
1 WATERSIDE DRIVE, NORFOLK, VA, 23510
Website
www.nauticus.orgNTEE Category
Code: A50 - Arts
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