Mission
PRESERVATION OF THE SCHOONER "ADVENTURE"
Public Charity
THE GLOUCESTER ADVENTUREINC
THE GLOUCESTER ADVENTUREINC, of GLOUCESTER, MA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $895K in revenue, $763K in expenses, $2.3M in total assets. 25 publicly reported grants to this organization, totaling roughly $448K, appear in IRS filings.
EIN: 043020719
GLOUCESTER, MA
History Museums
NTEE: A54
Latest filing: 2025
Total Revenue$895K
Total Expenses$763K
Total Assets$2.3M
Grant Records25
Funding Total$448K
Filing Years2021–2025
Where $100 goes at The Gloucester Adventureinc
How The Gloucester Adventureinc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$74
Programs
the work itself
$26
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $74 for programs
$74
To preserve the schooner adventure as a living symbol of america's maritime heritage, and as a community resource for educational programming focusing on maritime,cultural, and environmental issues
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
For grant recipient's exempt purposes
$25,000
ARTS AND CULTURE
$18,600
GIRLS ON ADVENTURE PROGRAM
$12,000
ARTS, CULTURE & HUMANITIES
$11,250
Arts & Culture
$10,000
Showing up to 5 of 25 total records — full history available with membership.
Officers & Directors
DIRECTOR
Brit Hutchins
DIRECTOR
Dan Guliano
DIRECTOR
David Rhinelander
DIRECTOR
Elizabeth Rhinelander
SECRETARY
Eric Lustig
PRESIDENT
Greg Bover
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $895K | $763K | $2.3M |
| 2024 | $785K | $824K | $2.1M |
| 2023 | $746K | $784K | $2.3M |
| 2022 | $644K | $817K | $2.2M |
| 2021 | $639K | $734K | $2.4M |
Between 2021 and 2025, reported annual revenue grew from $639K to $895K (+40%), with total assets most recently reported at $2.3M.
Interactive year-over-year charts and full filing details available with membership.