2025-11-12T19:20:45-07:00 2024-12-31 990 2024-01-01 910989160 THE STEAMER VIRGINIA V FOUNDATION STEA 2066249119 PO Box 9566 Seattle WA 98109 Kyle Holt Sec'y 2024; President eff 12/12/24 5037074115 2025-11-12 1 2024 2025-03-06 01:10:19Z Alicia Barnes PO Box 9566 Seattle WA 98109 659431 0 X www.virginiav.org X 1976 WA Restoration, preservation, operation, and interpretation of the National Historic Landmark vessel Steamer VIRGINIA V, the largest operational wooden passenger steamship in the United States. The vessel is used for public events, education programs, and private charters. 6 6 10 65 0 0 229149 379003 224732 240181 1796 12201 4302 1616 459979 633001 0 0 0 0 149271 186726 0 0 53602 388118 371700 537389 558426 -77410 74575 2380749 2388784 253777 187237 2126972 2201547 Restoration, preservation, operation, and interpretation of the National Historic Landmark vessel Steamer Virginia V, the largest operational wooden passenger steamship in the United States. The vessel is used for public events, education programs, and private charters. 0 0 166190 0 0 Restoration/Preservation: During 2024, the Foundation's Director of Engineering conducted 62 work parties in which 21 volunteers contributed over 1,600 hours of their time performing routine mechanical/electrical maintenance, painting, and a variety of repairs to keep the ship in optimal condition. Volunteers contributed an additional 175 hours performing logistics supporting this preservation work. Noteworthy accomplishments include: Completed installation and USCG-approval of two remote boiler-shutdown switches (work begun in 2023); annual maintenance on ship's service generators (filters, oil change, etc.); correction of leaks in the hot-water space-heating system; annual contract pressure washing of bilges and the oily water holding tank; opening/inspection of the boiler drums and firebox; opening/inspection of main engine cylinders and main bearings; replacement of mechanical seals at the high pressure piston rod; and opening/inspection of the condenser end bells, with a determination that they are in sound condition. In February, the ship spent two weeks moored at Shilshole Bay Marina for the purpose of soaking the hull in saltwater for its preservative benefit. Liferafts and fire extinguishers received annual servicing; crew radios were replaced to provide reliable and safe operations. In addition to current year expenses noted, $45,954.40 were expended to acquire lumber for future structural work, funded by the Washington State Heritage Capital Projects grant approved in 2023. Current year expenses include 50% of reported depreciation. 233520 0 247292 Operation: VIRGINIA V was built in 1922 and is the only traditional wooden steamship built to carry freight and passengers that is still regularly operating under steam on the tidal waters of the United States. VIRGINIA V conducted 64 discrete voyages over the course of 49 operating days in 2024, including 29 cruises open to the public, 9 wedding-related charters and 11 other private charters, carrying a total of 3,947 passengers. Eight of these public cruises were free, one-hour Steamship Sunday trips made on four days June-October in collaboration with our neighbors, The Center for Wooden Boats. Two public cruises were provided in collaboration with Seattle's Museum of History and Industry, which provided themed programs during those trips. In May, the ship visited Port Orchard, WA for its first annual Mosquito Fleet Festival, conducting three well attended public cruises and providing open-ship time for free tours. The ship circumnavigated Vashon Island, and made an extended trip to Olympia to attend the Harbor Days Festival over Labor Day Weekend, providing public cruises during transits between Tacoma and Olympia, and three public cruises at the event. One regular employee, 56 volunteers and three paid interns crewed the vessel, filling seven required positions and up to eight training positions on each trip. Crew accrued approximately 3,300 volunteer hours for these voyages. Expenses include 50% of reported depreciation. 51189 0 2000 Interpretation/Education: VIRGINIA V held over 120 days of open-ship at Lake Union Park and Puget Sound ports during 2024, welcoming 11,360 people for free visits. Our Senior Docent and volunteers led guided tours for almost all of these occasions, acquainting visitors with the ship and the history of the Puget Sound mosquito fleet. During 17 private and 14 public dockside events, the ship welcomed over 1,284 additional visitors. During cruises, crew routinely engaged passengers to tell the ship's story or describe its operation, and docents were specifically aboard during Steamship Sunday cruises to interpret the ship and the Lake Union/Portage Bay maritime history. The ship's steam engine remains fully visible to visitors and passengers. Engineering crew provided detailed interpretation of this artifact, in service since 1907 when it was installed on the ship that became VIRGINIA IV, and our Captains welcomed passengers into the wheelhouse underway when the safety of vessel operation permitted. Foundation staff and volunteers revel in sharing the ship and did so at every opportunity. The Foundation continued its summer internship program for high schoolers, hiring three students who worked 244 hours on the ship in deck- and engine-crew capacities. All became qualified to serve as crew of record in junior deck positions, and two have subsequently completed or begun formal maritime education. Two of our regular 2024 deck volunteers are also now working in the industry, having used their time with VIRGINIA V as their starting point. The ship welcomed several student groups for dockside tours tailored to their particular focus (e.g. Seattle Skills Center, Seattle Maritime Academy). 0 0 0 450899 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 1 10 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 1 1 0 0 X Mark Miller 2066249119 PO Box 9566 Seattle WA 98109 X Alicia Barnes Executive Director (hired March 2023) 40 0 X 78633 0 0 Jeffrey Deren Vice President; Sec'y 12/14 into 2025 0.7 0 X X 18001 0 0 Sterling MacKinnon Director 0.6 0 X 0 0 0 Grant Johnson Director thru 12/12/24 0.2 X 0 0 0 Peter Proctor Director 0.5 0 X 0 0 0 Brian Johnson Director 0.8 0 X 0 0 0 Garret Holt President thru 12/12/24 1.1 0 X X 0 0 0 Kyle Holt Secretary; Pres. eff 12/12/24 1.8 0 X X 0 0 0 David Allais Treasurer 0.8 X X 0 0 0 96634 0 0 0 0 0 0 0 0 11400 18393 0 61534 287676 15292 379003 Vessel charters 712120 163316 163316 0 0 Public Event Tkt Sales 712120 74865 74865 0 0 Interpreta'n/Educa'n Pgms 712120 2000 2000 0 0 0 0 0 0 240181 12201 0 0 12201 0 0 0 0 0 0 0 0 0 0 0 0 11014 18393 13383 -2369 0 -2369 1124 6250 -5126 0 0 -5126 15908 6797 9111 9111 0 0 0 633001 249292 0 4706 0 0 0 0 0 0 0 0 78633 26211 26211 26211 92832 64665 10963 17204 15261 7991 3344 3926 1728 0 1728 0 630 630 613 119 0 494 11419 2235 6649 2535 4111 1090 1104 1917 5098 2468 1315 1315 10556 10556 0 0 183348 183348 0 0 64347 61736 2611 0 Ship direct op exp 59364 59364 0 0 Ship Maint. & Resora'n 20775 20775 0 0 Public Prgrms/Catering/Pax Svcs 8170 8170 0 0 Interpretation/Education 551 551 0 0 990 990 0 0 558426 450899 53925 53602 111466 35294 61966 323873 45852 7622 64538 112604 19544 15356 5564609 3670574 2077383 1894035 2380749 2388784 19427 6278 38837 14900 195513 166059 253777 187237 X 2117327 2185173 9645 16374 2126972 2201547 2380749 2388784 74575 0 0 0 0 0 X 0 0 0 X 355825 1163538 956806 229149 379003 3084321 0 0 0 0 0 0 0 0 0 0 0 0 355825 1163538 956806 229149 379003 3084321 1116297 1968024 2423 81 889 1796 12201 17390 0 0 0 0 0 0 0 0 0 0 0 0 3101711 716023 0.63450 0.65336 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 0 5564609 3670574 1894035 0 0 0 0 1894035 Schedule D, Part VI, Line 1d Noted amounts are for the Steamship VIRGINIA V and installed equipment aboard the vessel. Birthday Cruise 10/18/24 29407 18393 11014 0 5982 0 5972 0 1429 0 0 29407 18393 11014 0 5982 0 5972 0 1429 13383 -2369 Form 990, Part VI, Section A, Line 2 Garret and Kyle Holt are brothers. Form 990, Part VI, Section A, Line 8b There are no committees with authority to act on behalf of the governing body. Form 990, Part VI, Section B, Line 11b The Finance Committee received a draft of the 990 filing on 11/05/25, and the Board President distributed it to all members of the governing body on 11/6/25. The Executive Director and available board members reviewed it by video meeting with the Finance Manager on 11/10/25. A small number of corrections were made as a result of this review process. All board members were provided an electronic copy of the final return at the time of signing and filing. Form 990, Part VI, Section B, Line 15 The Foundation hired a new Executive Director to succeed the retiring incumbent in March 2023. Board members serving on the search committee used the retiring ED's compensation as a starting point for negotiation with the new ED during the hiring process. Compensation remained the same during 2024. Form 990, Part VI, Section C, Line 19 Documents are available upon request. No requests have been received. Form 990, Part VII, Section A, Line 1a Compensation for Jeffrey Deren was for his duties as Director of Engineering, in which capacity he supervised ship's maintenance work. He served as a volunteer both on the board and as Vice President. Time noted is for his VP and board service only.