Washington · Nonprofit
HYDROPLANE AND RACEBOAT MUSEUM
HYDROPLANE AND RACEBOAT MUSEUM (Washington) receives grants from 13 organizations whose IRS filings report $311,397 to it, the largest being APEX FOUNDATION ($230,000). 4 of them have funded it in more than one year.
- Revenue FY2024
- $527k
- Funders on record
- 13
- Grants received
- $311k
- Net assets
- $2.6M
What Hydroplane and Raceboat Museum does
Mission
Preservation of the history of boat racing and the education of the public.
As stated on its FY2024 Form 990.
Programs
Maintenance of museum facility to preserve and house historical items for the public to enjoy.
$439,135 spent95% of program spendingFunding of a youth program where teenagers and adults participate in rebuilding vintage hydroplanes. Approximately 13 teens and 27 adults participated.
$23,112 spent5% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $462,247.
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.
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 $723k to $2.2M (+208%).
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.
Government-grant reliance: 2021 3% · 2022 7%. Grants only. Government contracts and fees sit inside program revenue.
68% of HYDROPLANE AND RACEBOAT MUSEUM’s revenue is contributions — more donation-reliant than the typical peer (64% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.
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.
Chief executive
David Williams
Executive director
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 5 funders, grant income rose $5k → $208k.
5 of 13 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 13% 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 HYDROPLANE AND RACEBOAT MUSEUM’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
HYDROPLANE AND RACEBOAT MUSEUM leans on a few funders — its largest provides 74% of grant income and the top three 88%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
25% 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 HYDROPLANE AND RACEBOAT MUSEUM.
Largest funder’s share by year: 2017 100% · 2018 100% · 2019 96% · 2020 99% · 2021 46% · 2022 48% · 2023 89% — 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 HYDROPLANE AND RACEBOAT MUSEUM's funders are still giving 3 years after their first grant; 31% give in more than one year at all.
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
89% of HYDROPLANE AND RACEBOAT MUSEUM's grant income comes from Washington funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $41k arriving through sponsors registered in 4 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.
Against its field
HYDROPLANE AND RACEBOAT MUSEUM's funding base is broadening — from 1 funders to 5 as grant income climbed.
this organization peer median middle 50% of peers· 17,936 arts & culture nonprofits $100k–$1M, FY2024
Organizations like HYDROPLANE AND RACEBOAT MUSEUM
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 Washington
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
82% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for HYDROPLANE AND RACEBOAT MUSEUM: 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.
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 HYDROPLANE AND RACEBOAT MUSEUM?
- HYDROPLANE AND RACEBOAT MUSEUM (Washington) receives grants from 13 organizations whose IRS filings report $311,397 to it, the largest being APEX FOUNDATION ($230,000). 4 of them have funded it in more than one year.
- How many funders does HYDROPLANE AND RACEBOAT MUSEUM have?
- IRS filings report 13 organizations giving $311,397 in grants to HYDROPLANE AND RACEBOAT MUSEUM, 4 of which have funded it in more than one year.
- Who is the largest funder of HYDROPLANE AND RACEBOAT MUSEUM?
- APEX FOUNDATION is the largest funder on record, with $230,000 in grants. The full list of funders is on this page.
- How can an organization like HYDROPLANE AND RACEBOAT MUSEUM find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Washington. 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 Hydroplane and Raceboat Museum →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 13 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