Abbe Museum
- Assets
- $4.7m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 10
- Location
- Bar Harbor, ME
- Founding
- 06/1998
- Data as of
- 09/2023
- EIN
- 01-0211777
Organization Overview
Abbe Museum is located in Bar Harbor, ME. The organization was established in 1998. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2023, Abbe Museum employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Abbe Museum is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Abbe Museum generated $1.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $1.0m during the year ending 09/2023. While expenses have increased by 1.8% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE NEW LEARNING ABOUT THE WABANAKI NATIONS WITH EVERY VISIT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF A CONTEMPORARY MUSEUM LOCATED IN THE HEART OF DOWNTOWN BAR HARBOR, MAINE FOCUSING ON THE UNDERSTANDING AND APPRECIATION OF THE STATE OF MAINE'S NATIVE AMERICAN HERITAGE, CULTURE, HISTORY, AND ARCHAEOLOGY. THE MUSEUM'S COLLECTIONS, EXHIBITIONS, AND PROGRAMS FOCUS ON NATIVE AMERICAN TRADITIONS IN MAINE AND EXPLORE THE BROADER NATIVE AMERICAN EXPERIENCE, PAST AND PRESENT. THE HISTORY AND CULTURES OF MAINE'S NATIVE AMERICAN PEOPLE, THE WABANAKI, ARE SHOWCASED THROUGH CHANGING EXHIBITIONS, SPECIAL EVENTS, COLLECTION MANAGEMENT, TEACHER WORKSHOPS, ARCHAEOLOGY FIELD SCHOOLS, AND CRAFT WORKSHOPS FOR CHILDREN AND ADULTS. VISITORS FIND DYNAMIC AND STIMULATING EXHIBITIONS AND ACTIVITIES INTERSPERSED WITH SPACES FOR QUIET REFLECTION. IN ADDITION TO THE DOWNTOWN LOCATION, FROM SPRING THROUGH FALL, THE ABBE'S HISTORIC TRAILSIDE MUSEUM AT SIEUR DE MONT'S SPRING CONTINUES TO OFFER VISITORS A STEP BACK IN TIME TO THE EARLY 20TH CENTURY PRESENTATIONS OF NATIVE AMERICAN ARCHAEOLOGY IN MAINE.ADMISSIONS:THE MUSEUM HAD OVER 25,000 VISITS COMBINED AT OUR TWO LOCATIONS. VISITORS COME FROM MOST OF THE USA PLUS MANY FOREIGN COUNTRIES.CURATORIAL SERVICES:THE MUSEUM SERVES AS ONE OF THE ONLY TWO FEDERALLY RECOGNIZED REPOSITORIES OF ARCHAEOLOGICAL ARTIFACTS IN THE STATE OF MAINE. IN ADDITION, THE MUSEUM HOUSES AN EXTENSIVE COLLECTION OF HISTORIC AND CONTEMPORARY NATIVE AMERICAN ARTWORK AND CRAFTS WHICH, IN PART, FORMS THE BASIS FOR PUBLIC EXHIBITIONS THAT HIGHLIGHT NATIVE AMERICAN CULTURE.EDUCATION:THE MUSEUM PROVIDED EDUCATIONAL PROGAMS TO SCHOOLS THROUGHOUT MAINE BOTH ON SITE AND IN THE CLASSROOM. SCHOOL PROGRAMS ADDRESS TOPICS OF ARCHAEOLOGY, CULTURE DIFFERENCES, TRADE ECONOMIES, AND STEREOTYPING. THE MUSEUM PROVIDES A TEACHER TRAINING WORKSHOP, WORKSHOPS AND DEMONSTRATIONS FOR ADULTS AND CHILDREN, AND IS AN ESSENTIAL RESOURCE FOR HELPING TEACHERS AND STUDENTS COMPLY WITH NEW STATE LEGISLATION KNOWN AS "THE WABANAKI INITIATIVE." THE MUSEUM ALSO PROVIDES EDUCATIONAL OPPORTUNITIES FOR ADULTS AND CHILDREN VISITING ACADIA NATIONAL PARK.MEMBERSHIPS:THE MUSEUM OFFERS SEVERAL LEVELS OF MEMBERSHIP. EACH LEVEL OFFERS CERTAIN BENEFITS. SOME OF THE BENEFITS ARE UNLIMITED FREE ADMISSION, INVITATIONS TO EVENTS, AND NEWSLETTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Silliboy Co-Chair | OfficerTrustee | 2 | $0 |
Carolyn Rapkevian Co-Chair | OfficerTrustee | 2 | $0 |
Matt Polstein Treasurer | OfficerTrustee | 2 | $0 |
Andres Azucena Verzosa Secretary | OfficerTrustee | 2 | $0 |
Jane Anderson Trustee | Trustee | 1 | $0 |
Joseph Cistone Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $10,102 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,195,829 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,205,931 |
| Total Program Service Revenue | $116,189 |
| Investment income | $40,550 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $6,000 |
| Net Gain/Loss on Asset Sales | $70,950 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $19,135 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,458,755 |
| 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. | $30,000 |
| Compensation of current officers, directors, key employees. | $6,899 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $388,601 |
| Pension plan accruals and contributions | $6,207 |
| Other employee benefits | $120,183 |
| Payroll taxes | $33,330 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,111 |
| Advertising and promotion | $6,707 |
| Office expenses | $26,949 |
| Information technology | $9,421 |
| Royalties | $0 |
| Occupancy | $140,029 |
| Travel | $54,773 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $90 |
| Interest | $18,653 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $139,299 |
| Insurance | $13,388 |
| All other expenses | $0 |
| Total functional expenses | $1,037,305 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $68,288 |
| Savings and temporary cash investments | $680,990 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $53,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $35,571 |
| Prepaid expenses and deferred charges | $10,230 |
| Net Land, buildings, and equipment | $2,325,134 |
| Investments—publicly traded securities | $1,495,901 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,669,114 |
| Accounts payable and accrued expenses | $59,023 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $412,320 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $471,343 |
| Net assets without donor restrictions | $2,475,797 |
| Net assets with donor restrictions | $1,721,974 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,669,114 |