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Michigan · Nonprofit

GREAT LAKES SHIPWRECK HISTORICAL SO

GREAT LAKES SHIPWRECK HISTORICAL SO (Michigan) receives grants from 9 organizations whose IRS filings report $181,954 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($111,775). 5 of them have funded it in more than one year, and 93% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$1.5M
Funders on record
9
Grants received
$182k
Net assets
$4.5M
5/9 repeat funderspeak grant-dependency 10%
01What it does

What Great Lakes Shipwreck Historical So does

Mission

To promote and augment an understanding and appreciation of maritime history with particular emphasis on the great lakes museum facilities.

As stated on its FY2025 Form 990.

Program

  1. To promote and augment and understanding and appreciation of maritime history with particular emphasis on the great lakes facilities including identification, preservation and restoration.

    $1,071,228 spent
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $1,071,228.

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 ($1.1M) Expenses 100 ($724k) Net assets 100 ($2.0M)2018 Revenue 106 ($1.1M) Expenses 105 ($756k) Net assets 118 ($2.4M)2019 Revenue 102 ($1.1M) Expenses 102 ($736k) Net assets 136 ($2.7M)2020 Revenue 84 ($896k) Expenses 101 ($731k) Net assets 150 ($3.0M)2021 Revenue 119 ($1.3M) Expenses 108 ($779k) Net assets 174 ($3.5M)2022 Revenue 114 ($1.2M) Expenses 130 ($944k) Net assets 188 ($3.8M)2023 Revenue 119 ($1.3M) Expenses 140 ($1.0M) Net assets 201 ($4.0M)2024 Revenue 147 ($1.6M) Expenses 159 ($1.2M) Net assets 222 ($4.4M)2025 Revenue 141 ($1.5M) Expenses 198 ($1.4M) Net assets 226 ($4.5M)
'17'18'19'20'21'22'23'24'25
Revenue (141)Expenses (198)Net assets (226)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 2023 to 2024, from $4.2M to $4.6M (+10%).

$2.6M
$2.8M
$3.2M
$3.4M
$3.6M
$3.9M
$4.2M
$4.6M
$4.7M
'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: 2017 3% · 2018 4% · 2019 3% · 2020 2% · 2021 2% · 2022 0%. Grants only. Government contracts and fees sit inside program revenue.

12% of GREAT LAKES SHIPWRECK HISTORICAL SO’s revenue is contributions — more earned-revenue than three-quarters of its peers (63% for the typical peer).

This organization
Typical peer · 5,395 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$348k
’17
$376k
’18
$354k
’19
$165k
’20
$495k
’21
$283k
’22
$263k
’23
$427k
’24
$83k
’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.

'17'18'19'20'21'22'23'24'25
Listed91315151516161212
Joined·+8+2+0+0+2+0+0+0
No longer listed·40001040
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 5 funders, grant income rose $400 → $16k.

3 of 9 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 93% 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 GREAT LAKES SHIPWRECK HISTORICAL SO’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

GREAT LAKES SHIPWRECK HISTORICAL SO leans on a few funders — its largest provides 61% of grant income and the top three 95%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

95% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund GREAT LAKES SHIPWRECK HISTORICAL SO.

61%
largest funder
95%
top three
~2
effective funders

Largest funder’s share by year: 2018 100% · 2019 100% · 2020 91% · 2021 80% · 2022 82% · 2023 51% — 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.

How long its funders stay

50% of GREAT LAKES SHIPWRECK HISTORICAL SO's funders are still giving 3 years after their first grant; 56% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

93% of GREAT LAKES SHIPWRECK HISTORICAL SO's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $14k that is directly attributable, 63% of it comes from funders outside Michigan, across 5 states.

IL
WI
MI
NY
TX

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

’18
’19
’20
’21
’22
’23
Michigan out of state home

Funder states come from each funder’s own filing. $168k arriving through sponsors registered in 3 states 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

GREAT LAKES SHIPWRECK HISTORICAL SO holds deeper cash reserves than three-quarters of the 3,430 arts & culture nonprofits its size.

Operating margin5% · above the median
Months of reserve14.4mo · top quartile
Revenue growth (annualized)4% · below the median

this organization peer median middle 50% of peers· 3,430 arts & culture nonprofits $1M–$10M, FY2025

Government funding GREAT LAKES SHIPWRECK HISTORICAL SO receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $71k on record.

Federal$71k
grants $71kcontracts $0
Top agencies
  • Department of Agriculture$71k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like GREAT LAKES SHIPWRECK HISTORICAL SO

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 Michigan

Nationally

05Profile & governance

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

Where the money goes

75% of spending goes to programs.

Program 75%Management 18%Fundraising 8%

Governance

11
board members
91%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

86%

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

Footprint & structure

Files a return copy in 1 state

MI

Screen this organization

A dated, signed PDF of the compliance screen for GREAT LAKES SHIPWRECK HISTORICAL SO: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 GREAT LAKES SHIPWRECK HISTORICAL SO?
GREAT LAKES SHIPWRECK HISTORICAL SO (Michigan) receives grants from 9 organizations whose IRS filings report $181,954 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($111,775). 5 of them have funded it in more than one year, and 93% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does GREAT LAKES SHIPWRECK HISTORICAL SO have?
IRS filings report 9 organizations giving $181,954 in grants to GREAT LAKES SHIPWRECK HISTORICAL SO, 5 of which have funded it in more than one year.
Who is the largest funder of GREAT LAKES SHIPWRECK HISTORICAL SO?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $111,775 in grants. The full list of funders is on this page.
How can an organization like GREAT LAKES SHIPWRECK HISTORICAL SO find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Michigan. 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 Great Lakes Shipwreck Historical So →

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 9 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 22, 2026. What this page cannot tell you · view filing