Skip to main content

Nonprofit · EIN 74-2340987

INSTITUTE OF NAUTICAL ARCHAELOLGY FOUNDATION

Tax-exempt · COLLEGE STA, TX 77841

Financials

$851K$633K2022$91K$739K2023$2.3M$804K2024
Revenue Expenses · by fiscal year end
Financials of INSTITUTE OF NAUTICAL ARCHAELOLGY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$2,260,499$803,680$1,456,819$21,800,929$0$21,800,929
August 31, 2024990$90,736$738,994-$648,258$20,344,110$0$20,344,110
August 31, 2023990$850,609$632,675$217,934$19,531,448$0$19,531,448
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$2,260,499
Other revenue
$0

Expenses

Grants and similar amounts paid
$689,460
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$689,460
Management and general (functional)
$114,220

Balance sheet and other

Total assets, start of year
$20,344,110
Total assets, end of year
$21,800,929
Total liabilities, end of year
$0
Net assets, end of year
$21,800,929
Net assets without donor restrictions
$3,090,147
Net assets with donor restrictions
$18,710,782
Gross receipts
$2,260,499
Employees
0
Volunteers
6
Year formed
1985
State of legal domicile
TX

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 for the year ended August 31, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
DEBORAH CARLSONPresident
Officer
5$0$47,366
JAMES KJORLIENDirector
Trustee or director
1$0$0
JOHN DE LAPADirector
Trustee or director, Officer
1$0$0
EDWARD BOSHELL JRChairman
Trustee or director, Officer
5$0$0
DANA MCGINNISTreasurer
Trustee or director, Officer
5$0$0
RUSSELL SHAWDirector
Trustee or director, Officer
5$0$0
990 for the year ended August 31, 2024: 6 people
NameTitleHours / weekCompensationFrom related orgs
DEBORAH CARLSONPRESIDENT OF INA
Officer
5$0$44,000
DR ROBERT L WALKERDIRECTOR
Trustee or director
1$0$0
JOHN DE LAPADIRECTOR, CHAIRMAN OF INA
Trustee or director, Officer
1$0$0
EDWARD BOSHELL JRCHAIRMAN
Trustee or director, Officer
5$0$0
DANA MCGINNISTREASURER
Trustee or director, Officer
5$0$0
RUSSELL SHAWGENERAL COUNSEL
Officer
5$0$0
990 for the year ended August 31, 2023: 6 people
NameTitleHours / weekCompensationFrom related orgs
DR DEBORAH CARLSONPRESIDENT OF INA
Officer
5$0$41,333
MR ROBERT WALKERDIRECTOR
Trustee or director
1$0$0
MR JOHN DE LAPADIRECTOR, CHAIRMAN OF INA
Trustee or director, Officer
1$0$0
MR EDWARD BOSHELL JRCHAIRMAN
Trustee or director, Officer
5$0$0
MR DANA MCGINNISTREASURER
Trustee or director, Officer
5$0$0
MR RUSSELL SHAWGENERAL COUNSEL
Officer
0$0$0

Address and contacts

Address (IRS master file)
PO BOX 2310, COLLEGE STA, TX 77841-2310
Principal officer (990 for 2024)
EDWARD O BOSHELL JR
Signed the 990
EDWARD O BOSHELL JR, Chairman
Phone
(979) 845-6694
Return prepared by
Ingram Wallis & Co PC

Mission

TO SUPPORT THE ADVANCEMENT OF NAUTICAL ARCHAEOLOGY CONDUCTED BY THE INSTITUTE OF NAUTICAL ARCHAEOLOGY.

990 for the year ended August 31, 2025

Program accomplishments

  • SUPPORTED THE INSTITUTE OF NAUTICAL ARCHAEOLOGY IN ITS CONTINUING TASK OF LOCATING, DOCUMENTING, AND PERSERVING ANCIENT UNDERWATER ARCHAEOLOGICAL SITES AROUND THE WORLD.
    Expenses $689,460 · grants $689,460

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
74-2340987
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
1985
Accounting year ends
August
Files
Form 990 or 990-EZ
Assets (IRS master file)
$21,800,929
Income (IRS master file)
$2,260,499

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$2,260,499$803,680$21,800,929XML
990August 2024$90,736$738,994$20,344,110XML
990-TAugust 2024–––IRS
990August 2023$850,609$632,675$19,531,448XML
990-TAugust 2023–––IRS
990August 2022$2,839,666$980,211$19,791,996IRS
990August 2021–––IRS
990August 2020–––IRS
990August 2019–––IRS
990August 2018–––IRS

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 74-2340987).

Questions about INSTITUTE OF NAUTICAL ARCHAELOLGY FOUNDATION

What is the EIN of INSTITUTE OF NAUTICAL ARCHAELOLGY FOUNDATION?
The employer identification number (EIN) of INSTITUTE OF NAUTICAL ARCHAELOLGY FOUNDATION is 74-2340987.
Is INSTITUTE OF NAUTICAL ARCHAELOLGY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
Are donations to INSTITUTE OF NAUTICAL ARCHAELOLGY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does INSTITUTE OF NAUTICAL ARCHAELOLGY FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of INSTITUTE OF NAUTICAL ARCHAELOLGY FOUNDATION due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did INSTITUTE OF NAUTICAL ARCHAELOLGY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of INSTITUTE OF NAUTICAL ARCHAELOLGY FOUNDATION?
The 990 for the year ended August 31, 2025 names EDWARD O BOSHELL JR.
Who are the officers and directors of INSTITUTE OF NAUTICAL ARCHAELOLGY FOUNDATION?
The 990 for the year ended August 31, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does INSTITUTE OF NAUTICAL ARCHAELOLGY FOUNDATION have?
On its 990 for the year ended August 31, 2025 it reported revenue of $2,260,499, expenses of $803,680 and total assets of $21,800,929 at year end.

Other nonprofits in COLLEGE STA

All nonprofits in COLLEGE STA · Texas