Arts, Culture & Humanities
(A500)
IRS Verified
DX Registered
990 on File
PROJECT LIBERTY SHIP INC
Financial strength (30%)
80/100
Reliability (20%)
55/100
Effectiveness (25%)
90/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The mission of Project Liberty Ship is to educate people of all ages about the vital role of the wartime American Merchant Marine, Naval Armed Guard, and shipbuilders, three largely unheralded groups that were instrumental in the Allied Victory in Word War II, as well as the sealift for Korea and Vietnam, by presenting living history aboard the authentically restored Liberty Ship JOHN W. BROWN that is being preserved to honor the legacy all American veterans.
Financial Overview — FY 2024
$1.4M
Total Revenue
$1.0M
Total Expenses
$4.1M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
82.9%
Fundraising Efficiency
311.6%
Operating Reserve
47.82x
Liability-to-Asset
0.7%
Revenue Diversification
74.5%
Executive Compensation
$0
Compared with Peers
FY 2024
Compared with 3,450 similar organizations
(United States, Arts, Culture & Humanities, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
82.9% | 77.9% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
14.2% | 14.4% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
2.8% | 5.4% |
P10P90
|
Above median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
311.6% | 240.4% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
47.8 mo | 16.5 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.7% | 10.6% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
74.5% | 74.5% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
73.8% | 7.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
35.0% | 8.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
27.8% | -0.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $1.4M | $1.0M | $4.1M | 82.9% | 0 |
| 2023 | $823K | $765K | $3.7M | 80.9% | 0 |
| 2022 | $1.7M | $771K | $3.3M | 84.6% | 0 |
| 2021 | $686K | $663K | N/A | — | 0 |
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