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South Carolina · Nonprofit

FRIENDS OF THE HUNLEY INC

FRIENDS OF THE HUNLEY INC (South Carolina) receives grants from 7 organizations whose IRS filings report $15,473 to it, the largest being SOUTHERN CULTURE FOUNDATION INC ($6,500). 3 of them have funded it in more than one year.

Revenue FY2025
$775k
Funders on record
7
Grants received
$15k
Net assets
$529k
3/7 repeat funderspeak grant-dependency 0%
01What it does

What Friends of the Hunley Inc does

Mission

To procure, manage, and expend charitable donations for the raising,restoration, preservation, and display of the h. L. Hunley submarine andrelated artifacts.

As stated on its FY2025 Form 990.

Program

  1. Friends of the hunley, inc. (foth) procures donations and raises funds to support the conservation and display of the civil war submarine, h.l. Hunley, and its associated artifacts. Foth manages public tours of the submarine, given by volunteers. The tours are educational and provide the history of the submarine, the technology employed for itssuccess, and the science of its conservation. Foth also manages hunley-related merchandise sales via a physical store and an on-line web store. Foth offers a membership program which generates revenue as well as provides knowledge about the submarine through a newsletter and access to special features on foth website but does not provide any additional benefits as members. All proceeds from tours, merchandise sales, and memberships are used to conserve and display the submarine and artifacts.

    $445,148 spent$282,511 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $445,148.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($730k) Expenses 100 ($818k) Net assets 100 ($801k)2018 Revenue 125 ($914k) Expenses 112 ($914k) Net assets 100 ($801k)2019 Revenue 116 ($845k) Expenses 103 ($845k) Net assets 100 ($801k)2020 Revenue 85 ($620k) Expenses 96 ($785k) Net assets 79 ($636k)2021 Revenue 122 ($894k) Expenses 109 ($894k) Net assets 79 ($636k)2022 Revenue 98 ($717k) Expenses 88 ($717k) Net assets 79 ($636k)2023 Revenue 99 ($720k) Expenses 88 ($720k) Net assets 79 ($636k)2024 Revenue 85 ($618k) Expenses 87 ($713k) Net assets 68 ($542k)2025 Revenue 106 ($775k) Expenses 96 ($788k) Net assets 66 ($529k)
'17'18'19'20'21'22'23'24'25
Revenue (106)Expenses (96)Net assets (66)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $1.7M to $1.4M (−20%).

$1.9M
$1.9M
$1.7M
$1.4M
$1.5M
$1.4M
$1.4M
$1.3M
$1.2M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 14%. Grants only. Government contracts and fees sit inside program revenue.

61% of FRIENDS OF THE HUNLEY INC’s revenue is contributions — about as donation-reliant as the typical peer (64% for the typical peer).

This organization
Typical peer · 19,547 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

−$87k
’17
$0
’18
−$2
’19
−$165k
’20
$0
’21
$0
’22
$0
’23
−$94k
’24
−$13k
’25
14
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Samuel W Howell Iv

Chairman of the board

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed1098887777
Joined·+0+2+0+0+0+0+0+0
No longer listed·13001000
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 2 funders to 3 funders, grant income rose $2k → $2k.

1 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 2% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of FRIENDS OF THE HUNLEY INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

FRIENDS OF THE HUNLEY INC leans on a few funders — its largest provides 42% of grant income and the top three 94%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

42%
largest funder
94%
top three
~3
effective funders

Largest funder’s share by year: 2018 63% · 2019 100% · 2020 91% · 2021 100% · 2022 90% · 2023 48% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

FRIENDS OF THE HUNLEY INC draws 96% of its grant income from funders outside South Carolina, across 5 states in all.

IL
MI
VA
SC
GA

In-state vs out-of-state, by year

’18
’19
’20
’22
’23
South Carolina out of state home

Funder states come from each funder’s own filing. $328 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

FRIENDS OF THE HUNLEY INC holds deeper cash reserves than three-quarters of the 11,634 arts & culture nonprofits its size.

Operating margin−2% · below the median
Months of reserve14.0mo · top quartile
Revenue growth (annualized)1% · bottom quartile

this organization peer median middle 50% of peers· 11,634 arts & culture nonprofits $100k–$1M, FY2025

Organizations like FRIENDS OF THE HUNLEY INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In South Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

56% of spending goes to programs.

Program 56%Management 28%Fundraising 16%

Governance

5
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

89%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

SC

Screen this organization

A dated, signed PDF of the compliance screen for FRIENDS OF THE HUNLEY INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FRIENDS OF THE HUNLEY INC?
FRIENDS OF THE HUNLEY INC (South Carolina) receives grants from 7 organizations whose IRS filings report $15,473 to it, the largest being SOUTHERN CULTURE FOUNDATION INC ($6,500). 3 of them have funded it in more than one year.
How many funders does FRIENDS OF THE HUNLEY INC have?
IRS filings report 7 organizations giving $15,473 in grants to FRIENDS OF THE HUNLEY INC, 3 of which have funded it in more than one year.
Who is the largest funder of FRIENDS OF THE HUNLEY INC?
SOUTHERN CULTURE FOUNDATION INC is the largest funder on record, with $6,500 in grants. The full list of funders is on this page.
How can an organization like FRIENDS OF THE HUNLEY INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in South Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Friends of the Hunley →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing