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Virginia · Nonprofit

Institute of Maritime Research and Discovery Ltd

Institute of Maritime Research and Discovery Ltd (Virginia) receives grants from 3 organizations whose IRS filings report $89,805 to it, the largest being NATIONAL GEOGRAPHIC SOCIETY ($79,730). 2 of them have funded it in more than one year.

Revenue FY2024
$25k
Funders on record
3
Grants received
$90k
Net assets
$62k
2/3 repeat funderspeak grant-dependency 14%
01What it does

What Institute of Maritime Research and Discovery Ltd does

Mission

Part III Attachment-Nile Maritime Study

As stated on its FY2024 Form 990-EZ.

Programs

  1. Primary field project is archeological excavation of a Nile River site dating to the Kushite Kingdom-a little known maritime society that thrived for thousands of years.

    $37,300 spent
    58% of program spending
  2. Publication of the Journal of Ancient Egyptian Interconnections via suscriptions to more than 60 major universities featuring articles for academia and the public.

    $17,000 spent
    26% of program spending
  3. Research - Middle East archeology.

    $10,032 spent
    16% of program spending

The 3 programs described on its FY2024 Form 990-EZ. Program spending in total: $64,332.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 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 = 20202020 Revenue 100 ($45k) Expenses 100 ($59k) Net assets 100 ($61k)2021 Revenue 157 ($71k) Expenses 52 ($31k) Net assets 167 ($102k)2022 Revenue 178 ($81k) Expenses 142 ($84k) Net assets 161 ($99k)2023 Revenue 157 ($71k) Expenses 110 ($65k) Net assets 172 ($105k)2024 Revenue 55 ($25k) Expenses 115 ($68k) Net assets 102 ($62k)
20202021202220232024
Revenue (55)Expenses (115)Net assets (102)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 $105k to $62k (−41%).

$61k
$102k
$99k
$105k
$62k
20202021202220232024
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.

2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

86% of Institute of Maritime Research and Discovery Ltd’s revenue is contributions — about as donation-reliant as the typical peer (92% for the typical peer).

This organization
Typical peer · 3,989 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 5 reported years ran a deficit.

−$14k
’20
$41k
’21
−$3k
’22
$6k
’23
−$43k
’24
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 2 funders, grant income fell $30k → $10k.

Funder
'18
'19
'20
'21
'22
'23
total
funders
1
1
1
1
1
2

2 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 11% 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 Institute of Maritime Research and Discovery Ltd’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

Institute of Maritime Research and Discovery Ltd leans on a few funders — its largest provides 89% of grant income and the top three 100%; half comes from just 1 funder.

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

100% 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 Institute of Maritime Research and Discovery Ltd.

89%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2018 100% · 2019 100% · 2020 100% · 2021 100% · 2022 100% · 2023 100% — broadly stable.

“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

Institute of Maritime Research and Discovery Ltd draws 100% of its grant income from funders outside Virginia, across 1 state in all.

DC

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

’18
’19
Virginia out of state home

Funder states come from each funder’s own filing. $10k arriving through sponsors registered in 2 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

Institute of Maritime Research and Discovery Ltd's revenue fell 45% between 2020 and 2024.

Operating margin−172% · bottom quartile
Revenue growth (annualized)−14% · below the median

this organization peer median middle 50% of peers· 3,152 environment nonprofits under $100k, FY2024

Organizations like Institute of Maritime Research and Discovery Ltd

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 Virginia

Nationally

05Profile & governance

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

Public support

97%

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 Institute of Maritime Research and Discovery Ltd: 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 Institute of Maritime Research and Discovery Ltd?
Institute of Maritime Research and Discovery Ltd (Virginia) receives grants from 3 organizations whose IRS filings report $89,805 to it, the largest being NATIONAL GEOGRAPHIC SOCIETY ($79,730). 2 of them have funded it in more than one year.
How many funders does Institute of Maritime Research and Discovery Ltd have?
IRS filings report 3 organizations giving $89,805 in grants to Institute of Maritime Research and Discovery Ltd, 2 of which have funded it in more than one year.
Who is the largest funder of Institute of Maritime Research and Discovery Ltd?
NATIONAL GEOGRAPHIC SOCIETY is the largest funder on record, with $79,730 in grants. The full list of funders is on this page.
How can an organization like Institute of Maritime Research and Discovery Ltd find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. 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 Institute of Maritime Research and Discovery Ltd →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 3 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