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Nonprofit · EIN 46-3977125

OCEANGATE FOUNDATION

Tax-exempt · WASHINGTON, DC 20036

Financials

$40K$81K2023
Revenue Expenses · by fiscal year end
Financials of OCEANGATE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990-EZ$40,000$80,901-$40,901$73,743$170,468-$96,725
Financial details: 990-EZ for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$40,000
Program service revenue
$0
Investment income
$0

Expenses

Grants and similar amounts paid
$44,500
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$4,502
Other expenses
$31,899
Program services (functional)
$71,311

Balance sheet and other

Total assets, start of year
$130,009
Total assets, end of year
$73,743
Total liabilities, end of year
$170,468
Net assets, end of year
-$96,725
Cash, savings and investments
$73,643
Gross receipts
$40,000

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
David WilliamsonPresident2$0
Chris BecholdVice President2$0
Wendy RushTreasurer2$0
Steven PhelpsDirector2$0

Address and contacts

Address (IRS master file)
2000 P STREET NW, WASHINGTON, DC 20036-5915
In care of
% DAVID WILLIAMSON
Mailing address (990-N for 2020)
1324 LEXINGTON WAY EAST, SEATTLE WA 98112
Principal officer (990-N for 2020)
WENDY W RUSH, 1324 LEXINGTON WAY EAST, SEATTLE WA 98112
Signed the 990-EZ
David Williamson, President
Phone
(202) 302-4258
Return prepared by
HENRY B MURPHY JR

Mission

To support research into ocean exploration, marine science, and underwater archaeology.

990-EZ for the year ended December 31, 2023

Program accomplishments

  • The organization launched various ocean explorationexpeditions
    Expenses $26,811
  • The organization gave grants to researchersin marine sciences
    Expenses $44,500 · grants $44,500

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025Not on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
46-3977125
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$73,743
Income (IRS master file)
$40,000

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2023$40,000$80,901$73,743XML
990December 2022$158,239$142,910$130,009IRS
990-EZDecember 2021–––IRS
990-N for 2020
Officer: WENDY W RUSH
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: WENDY W RUSH
December 31, 2019≤ $50,000 receipts––e-Postcard
990-N for 2018
Officer: Tymothy Catterson
December 31, 2018≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-3977125).

Questions about OCEANGATE FOUNDATION

What is the EIN of OCEANGATE FOUNDATION?
The employer identification number (EIN) of OCEANGATE FOUNDATION is 46-3977125.
Is OCEANGATE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to OCEANGATE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does OCEANGATE FOUNDATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of OCEANGATE FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did OCEANGATE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2023.
Who is the principal officer of OCEANGATE FOUNDATION?
The 990-N for 2020 names WENDY W RUSH.
Who are the officers and directors of OCEANGATE FOUNDATION?
The 990-EZ for the year ended December 31, 2023 lists 4 people; 0 received compensation from the organization.
How much revenue does OCEANGATE FOUNDATION have?
On its 990-EZ for the year ended December 31, 2023 it reported revenue of $40,000, expenses of $80,901 and total assets of $73,743 at year end.

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