York Harbor Reading Room
- Assets
- $1.4m
- Revenue
- $943.4k
- Investments
- $0.0
- Employees
- 55
- Location
- York Harbor, ME
- Founding
- 05/1950
- Data as of
- 12/2021
- EIN
- 01-0186375
Organization Overview
York Harbor Reading Room is located in York Harbor, ME. The organization was established in 1950. According to its NTEE Classification (C99) the organization is classified as: Environment N.E.C., under the broad grouping of Environment and related organizations. As of 12/2021, York Harbor Reading Room employed 55 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. York Harbor Reading Room is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, York Harbor Reading Room generated $943.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $959.6k during the year ending 12/2021. While expenses have increased by 1.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE YORK HARBOR READING ROOM IS TO ENCOURAGE AND MAINTAIN A PLACE FOR READING AND SOCIAL MEETINGS FOR ITS MEMBERS, INCLUDING THE HOLDING AND MAINTENANCE OF A CLUB HOUSE AND GROUNDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE YEAR THE ORGANIZATION OPERATED A SOCIAL CLUB FOR THE BENEFIT OF ITS MEMBERS. ACTIVITIES INCLUDED DINNERS, PRESENTATIONS, AND PERFORMANCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David P Mazur General Manager | 40 | $126,257 | |
Samuel Finley Board Member | Trustee | 1 | $0 |
Cynthia Fenneman Board Member | Trustee | 1 | $0 |
Daniel Ford III Treasurer | Trustee | 1 | $0 |
William T Ethridge Board Member | Trustee | 1 | $0 |
Tyler Burns Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $113,815 |
| All other contributions, gifts, grants, and similar amounts not included above | $16,803 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $130,618 |
| Total Program Service Revenue | $404,631 |
| Investment income | $161 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $18,786 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $385,048 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $943,414 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $126,257 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $465,110 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $46,335 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,560 |
| Fees for services: Accounting | $7,457 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,876 |
| Advertising and promotion | $75 |
| Office expenses | $14,356 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $113,933 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $68,499 |
| Insurance | $44,410 |
| All other expenses | $7,400 |
| Total functional expenses | $959,576 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $228,187 |
| Savings and temporary cash investments | $403,690 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,973 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $19,221 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $777,181 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,432,252 |
| Accounts payable and accrued expenses | $16,980 |
| Grants payable | $0 |
| Deferred revenue | $68,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $153,583 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $238,563 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $64,000 |
| Paid-in or capital surplus, or land, building, or equipment fund | $564,986 |
| Retained earnings, endowment, accumulated income, or other funds | $564,703 |
| Total liabilities and net assets/fund balances | $1,432,252 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that York Harbor Reading Room has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Frank Gerrity Charitable Tr Holbrook, MA PURPOSE: GENERAL GRANT | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Forest Society Of Maine Bangor, ME | $13,403,658 | $9,213,606 |
Maine Forest Products Council Augusta, ME | $1,161,195 | $1,297,213 |
York Harbor Reading Room York Harbor, ME | $1,432,252 | $943,414 |
Shaw Institute Blue Hill, ME | $483,449 | $286,551 |
Brunswick Downtown Association Brunswick, ME | $152,347 | $274,000 |
Friends Of Bedrock Gardens Lee, NH | $1,141,313 | $343,385 |
Friends Of Harriet L Hartley Conservation Area Belfast, ME | $56,907 | $208,121 |
New Hampshire Businesses For Social Responsibility Concord, NH | $87,204 | $203,584 |
Association Of U S Delegates To The Gulf Of Maine Council On The Marin Ogunquit, ME | $131,043 | $0 |
Saco River Recreational Council Inc Fryeburg, ME | $81,299 | $0 |
Leadership Seacoast Portsmouth, NH | $67,724 | $0 |
Allagash Wilderness Waterway Foundation Fort Kent, ME | $82,466 | $0 |