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Worldscale Association (nyc) Inc

Foundation · Grantmaker NEW YORK, NY EIN: 13-2726793 Website

THE MISSION OF THE ORGANIZATION IS TO ANALYZE SHIPPING COSTS AND UPLOAD ITS FINDINGS FOR SUBSCRIBING MEMBERS OF THE SHIPPING INDUSTRY.

Key facts about Worldscale Association (nyc) Inc

EIN
13-2726793
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$33,850
Grants made (2025)
8
Average grant
$4,231
Median grant
$3,750
Total assets
$4,109,236
Primary geography
Connecticut (70% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Worldscale Association (nyc) Inc funds

By grant dollars, the top recipient states for Worldscale Association (nyc) Inc's 8 itemized 2025 grants were Connecticut (70%), New York (22%) and Massachusetts (7%). 100% of grants with a stated purpose were for general or operating support.

How Worldscale Association (nyc) Inc gives

  • Giving fell 20% from 2022 to 2025. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$4.1M

+6.5% YoY

Annual Giving

$34K

Grant Count

8

Avg Grant Size

$4K

About Worldscale Association (nyc) Inc

Based on IRS filings

Worldscale Association (nyc) Inc is a nonprofit organization, based in NEW YORK, NY. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $4.1M in total assets. In 2025, it awarded 8 grants totaling $34K. Net investment income was $133K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of all 8 itemized 2025 grant dollars.

Cities

New YorkNorwalkReadingStamfordStoningtonBronxKings PointWeston

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$532K$1M$2M$2M2019202020212022202320242025
Metric202520242023
Total Assets$4,109,236$3,858,278$3,878,449
Revenue$1,933,912$1,675,422$1,427,126
Expenses$1,835,736$1,807,952$1,822,805
Qualifying Distributions———
Net Investment Income$132,666$118,002$3,240
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2019–2025

Giving Over Time

Total grant dollars and number of grants per year

$0$21K$43K$64K$85K5 grants20195 grants20205 grants20215 grants20228 grants20230 grants20248 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2025

Coast Guard Foundation: $10KCoast Guard Foundation$10KMaritime Aquarium: $8KMaritime Aquarium$8KCma Education Foundation: $5KCma Education Foundation$5KSeamans Church Institute: $5KSeamans Church Institute$5KNorth Amercian Maritime Ministry Associations (namma): $3KNorth Amercian MaritimeMinistry Associations (namma)$3KUnited States Merchant Marine Acadamy Alumni Association: $1KUnited States Merchant MarineAcadamy Alumni Association$1KSuny Maritime Foundation: $1KSuny Maritime Foundation$1KNorth American Marine Environment Protection Association: $1KNorth American MarineEnvironment Protection…$1K

Grant Size Distribution

26 grants across all recorded years

26<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include Coast Guard Foundation ($10,000), Maritime Aquarium ($7,500), Cma Education Foundation ($5,000).

RecipientPurposeAmount
COAST GUARD FOUNDATION STONINGTON, CTGENERAL SUPPORT$10,000
MARITIME AQUARIUM NORWALK, CTGENERAL SUPPORT$7,500
CMA EDUCATION FOUNDATION STAMFORD, CTGENERAL SUPPORT$5,000
SEAMANS CHURCH INSTITUTE NEW YORK, NYGENERAL SUPPORT$5,000
NORTH AMERCIAN MARITIME MINISTRY ASSOCIATIONS (NAMMA) READING, MAGENERAL SUPPORT$2,500
UNITED STATES MERCHANT MARINE ACADAMY ALUMNI ASSOCIATION KINGS POINT, NYGENERAL SUPPORT$1,350
SUNY MARITIME FOUNDATION BRONX, NYGENERAL SUPPORT$1,250
NORTH AMERICAN MARINE ENVIRONMENT PROTECTION ASSOCIATION WESTON, CTGENERAL SUPPORT$1,250

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

Thomas Cumming — Executive Director: $257KThomas CummingExecutive Director$257KElenor Mcgorty — Operations Director: $162KElenor McgortyOperations Director$162KFamatta Freeman — Manager of Rates & Systems: $115KFamatta FreemanManager of Rates & Systems$115KBasil G Mavroleon — Chairman/President: $5KBasil G MavroleonChairman/President$5KBruce Sullivan — Vice Chairman/Vice-Preside: $5KBruce SullivanVice Chairman/Vice-Preside$5KChristoper C Young — Treasurer: $5KChristoper C YoungTreasurer$5KPeter Howard-Johnson Jr — Secretary: $5KPeter Howard-Johnson JrSecretary$5KClare Schmidt — Director: $5KClare SchmidtDirector$5KJohn Stichter — Director: $5KJohn StichterDirector$5KNeil Mulhern — Director: $5KNeil MulhernDirector$5K

From 2025 IRS filing

NameTitleHoursCompensation
Basil G MavroleonChairman/President2.5$5,000
Bruce SullivanVice Chairman/Vice-Preside1.75$5,000
Christoper C YoungTreasurer1.5$5,000
Peter Howard-Johnson JrSecretary1.5$5,000
Clare SchmidtDirector1.25$5,000
John StichterDirector1.25$5,000
Neil MulhernDirector1.25$5,000
Thomas CummingExecutive Director40$257,000
Elenor McgortyOperations Director40$162,000
Famatta FreemanManager of Rates & Systems40$114,946

Frequently Asked Questions

How large is Worldscale Association (nyc) Inc?

As of 2025, Worldscale Association (nyc) Inc holds $4.1M in total assets with $1.9M in annual revenue. It awarded 8 grants totaling $34K in 2025.

Where does Worldscale Association (nyc) Inc operate?

Worldscale Association (nyc) Inc has awarded grants in Connecticut, Massachusetts, New York.

What size grants does Worldscale Association (nyc) Inc award?

In 2025, Worldscale Association (nyc) Inc awarded 8 grants totaling $34K — an average of about $4K per grant, based on its IRS Form 990 filings.

What is Worldscale Association (nyc) Inc's EIN?

Worldscale Association (nyc) Inc's EIN (Employer Identification Number) is 13-2726793. IRS Form 990 filing data is available on this page for 2019–2025.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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