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Florida · Nonprofit

THE VICTORY SHIP INC

THE VICTORY SHIP INC (Florida) receives grants from 4 organizations whose IRS filings report $75,718 to it, the largest being Propeller Club of US Port of Tampa Inc ($64,064). 2 of them have funded it in more than one year.

Revenue FY2024
$667k
Funders on record
4
Grants received
$76k
Net assets
$2.8M
2/4 repeat funderspeak grant-dependency 11%
01What it does

What The Victory Ship Inc does

Mission

Preserving a military transport ship

As stated on its FY2024 Form 990.

Programs

  1. Ss american victory is one of the last remaining victory class ships, instrumental to victory in world war ii. The organization seeks to maintain this vessel as an operational legacy to those who served. She is open to the public as a museum and still proudly serves members as a training facility for law enforcement and first responders. She educates children through hillsborough county schools field trip programs, boy scouts, and has numerous mariner safety and training programs.

    $462,933 spentof which $636 as grants$534,127 earned by the program
    100% of program spending
  2. Ss american victory is one of the last remaining victory class ships, instrumental to victory in world war ii. The organization seeks to maintain this vessel as an operational legacy to those who served. She is open to the public as a museum and still proudly serves members as a training facility for law enforcement and first responders. She educates children through hillsborough county schools field trip programs, boy scouts, and has numerous mariner safety and training programs.

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $462,933.

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 ($371k) Expenses 100 ($306k) Net assets 100 ($1.5M)2018 Revenue 109 ($405k) Expenses 97 ($298k) Net assets 107 ($1.6M)2019 Revenue 109 ($403k) Expenses 121 ($370k) Net assets 110 ($1.6M)2020 Revenue 95 ($353k) Expenses 114 ($350k) Net assets 110 ($1.6M)2021 Revenue 261 ($969k) Expenses 163 ($498k) Net assets 141 ($2.1M)2022 Revenue 237 ($878k) Expenses 184 ($562k) Net assets 163 ($2.4M)2023 Revenue 197 ($730k) Expenses 162 ($497k) Net assets 178 ($2.6M)2024 Revenue 180 ($667k) Expenses 181 ($556k) Net assets 186 ($2.8M)
'17'18'19'20'21'22'23'24
Revenue (180)Expenses (181)Net assets (186)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 2020 to 2021, from $1.8M to $2.3M (+26%).

$1.6M
$1.7M
$1.6M
$1.8M
$2.3M
$2.6M
$2.8M
$2.9M
'17'18'19'20'21'22'23'24
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
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 20% · 2022 10% · 2023 8% · 2024 4%. Grants only. Government contracts and fees sit inside program revenue.

15% of THE VICTORY SHIP INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (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. 0 of the last 8 reported years ran a deficit.

$65k
’17
$108k
’18
$33k
’19
$4k
’20
$470k
’21
$316k
’22
$233k
’23
$111k
’24
20
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

Dave Scott

Chairman

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed1111111112121112
Joined·+1+0+0+1+1+0+1
No longer listed·1000110
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 1 funder, grant income fell $40k → $72.

1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% 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 THE VICTORY SHIP 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

THE VICTORY SHIP INC leans on a few funders — its largest provides 85% of grant income and the top three 99%; half comes from just 1 funder.

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

99% 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 THE VICTORY SHIP INC.

85%
largest funder
99%
top three
~1
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2020 99% · 2021 100% · 2022 90% · 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

100% of THE VICTORY SHIP INC's grant income comes from Florida funders.

FL

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

’17
’18
’20
’22
Florida out of state home

Funder states come from each funder’s own filing. $404 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

THE VICTORY SHIP INC holds deeper cash reserves than three-quarters of the 17,936 arts & culture nonprofits its size.

Operating margin17% · above the median
Months of reserve20.2mo · top quartile
Revenue growth (annualized)9% · above the median

this organization peer median middle 50% of peers· 17,936 arts & culture nonprofits $100k–$1M, FY2024

Organizations like THE VICTORY SHIP 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 Florida

Nationally

05Profile & governance

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

Where the money goes

83% of spending goes to programs.

Program 83%Management 17%Fundraising 0%

Governance

12
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

100%

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

Footprint & structure

Files a return copy in 1 state

FL

Part of a family of 1 related entity

  • Pelorus Inc · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for THE VICTORY SHIP 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 THE VICTORY SHIP INC?
THE VICTORY SHIP INC (Florida) receives grants from 4 organizations whose IRS filings report $75,718 to it, the largest being Propeller Club of US Port of Tampa Inc ($64,064). 2 of them have funded it in more than one year.
How many funders does THE VICTORY SHIP INC have?
IRS filings report 4 organizations giving $75,718 in grants to THE VICTORY SHIP INC, 2 of which have funded it in more than one year.
Who is the largest funder of THE VICTORY SHIP INC?
Propeller Club of US Port of Tampa Inc is the largest funder on record, with $64,064 in grants. The full list of funders is on this page.
How can an organization like THE VICTORY SHIP INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. 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 Victory Ship →

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 4 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