Lincoln County Historical Association
- Assets
- $669.2k
- Revenue
- $131.2k
- Investments
- $0.0
- Employees
- 3
- Location
- Wiscasset, ME
- Founding
- 07/1955
- Data as of
- 12/2022
- EIN
- 01-0239808
Organization Overview
Lincoln County Historical Association is located in Wiscasset, ME. The organization was established in 1955. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Lincoln County Historical Association employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lincoln County Historical Association 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 12/2022, Lincoln County Historical Association generated $131.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $113.5k during the year ending 12/2022. While expenses have increased by 5.4% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO COLLECT, PRESERVE, AND INTERPRET THE HISTORY OF LINCOLN COUNTY, MAINE, WHICH ONCE EXTENDED FROM BRUNSWICK TO CANADA. WE ARE STEWARDS OF THREE HISTORICAL BUILDINGS: THE 1761 POWNALBOROUGH COURT HOUSE IN DRESDEN, THE 1811 OLD JAIL IN WISCASSET, AND THE 1754 CHAPMAN-HALL HOUSE IN DAMARISCOTTA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MAINTENANCE OF 3 HISTORICAL PROPERTIES
SPONSORED LECTURES, HELD ENCAMPMENTS WITH PERIOD RE-ENACTERS.NONE DURING CURRENT YEAR
EDUCATION OUTREACH PROGRAM TO AREA SCHOOL CHILDREN.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Cheney Trustee | Trustee | 1 | $0 |
Bruce Campbell Trustee | Trustee | 1 | $0 |
John Hendrickson Trustee | Trustee | 1 | $0 |
Bill Brewer Treasurer | OfficerTrustee | 5 | $0 |
Robin Grant Vice President | OfficerTrustee | 2 | $0 |
Christine Hopf Lovette Secretary | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $12,852 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $61,331 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $74,183 |
| Total Program Service Revenue | $4,514 |
| Investment income | $11,772 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,530 |
| Net Income from Fundraising Events | $29,132 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $131,231 |
| 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. | $35,336 |
| Compensation of current officers, directors, key employees. | $21,202 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $14,564 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,511 |
| 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 | $2,447 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,207 |
| Office expenses | $10,906 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $19,587 |
| 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 | $0 |
| Insurance | $10,676 |
| All other expenses | $54 |
| Total functional expenses | $113,498 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $67,243 |
| Savings and temporary cash investments | $55,157 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $239,300 |
| Investments—publicly traded securities | $307,500 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $669,200 |
| Accounts payable and accrued expenses | $2,203 |
| Grants payable | $10,000 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $12,203 |
| Net assets without donor restrictions | $75,234 |
| Net assets with donor restrictions | $581,763 |
| 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 | $669,200 |