Greater Portland Landmarks Inc
- Assets
- $2.9m
- Revenue
- $439.9k
- Investments
- $0.0
- Employees
- 11
- Location
- Portland, ME
- Founding
- 05/1967
- Data as of
- 06/2022
- EIN
- 01-0276272
Organization Overview
Greater Portland Landmarks Inc is located in Portland, ME. The organization was established in 1967. 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 06/2022, Greater Portland Landmarks Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Portland Landmarks Inc 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 06/2022, Greater Portland Landmarks Inc generated $439.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $461.0k during the year ending 06/2022. While expenses have increased by 2.9% per year over the past 6 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
GREATER PORTLAND LANDMARKS' MISSION IS TO ENSURE THAT GREATER PORTLAND PRESERVES ITS SENSE OF PLACE FOR ALL AND BUILDS VIBRANT, SUSTAINABLE NEIGHBORHOODS AND COMMUNITIES FOR THE FUTURE.
Describe the Organization's Program Activity:
EDUCATION - LANDMARKS PARTICIPATES IN COMMUNITY EDUCATION AND ADVOCACY FOR HISTORIC PRESERVATION AND HIGH QUALITY NEW ARCHITECTURE IN HISTORIC CONTEXTS BY PROVIDING INFORMATION AND TESTIMONY AT A VARIETY OF COMMUNITY AND CIVIC MEETINGS. LANDMARKS' EDUCATION PROGRAMS ENGAGE ADULTS AND CHILDREN WITH ARCHITECTURE AND HISTORIC PRESERVATION THROUGH PROVIDING WALKING TOURS, ILLUSTRATED PRESENTATIONS, WORKBOOKS, MAGAZINES, LECTURES, TOURS, AND INTERPRETATION OF THE PORTLAND OBSERVATORY (1807) AND OTHER PROGRAMS, REACHING OVER 25,000 CONSTITUENTS.
THE OBSERVATORY - LANDMARKS OPERATES THE PORTLAND OBSERVATORY (1807), A NATIONAL HISTORIC LANDMARK, AS A HISTORIC SITE, WHICH ATTRACTS OVER 20,000 VISITORS ANNUALLY. THE OBSERVATORY IS THE LAST REMAINING HISTORIC MARITIME SIGNAL TOWER IN THE COUNTRY. IT WAS USED TO SIGHT INCOMING SHIPS TO PORTLAND HARBOR, USING A POWERFUL TELESCOPE AT THE TOP. FLAGS WERE FLOWN TO INDICATE A SHIP COMING INTO PORT.
PRESERVATION SERVICES - LANDMARKS PROVIDES INFORMATION ABOUT REHABILITATING HISTORIC BUILDINGS, HISTORIC PRESERVATION TAX CREDITS, ENERGY EFFICIENCY ISSUES, AND HISTORIC AND NEW DESIGN CONCERNS THROUGH PUBLICATIONS, THE QUARTERLY LANDMARKS MAGAZINE, THE PRESERVATION DIRECTORY AND THE OLD HOUSE TRADE SHOW.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nate Stevens President | OfficerTrustee | 6 | $0 |
Bruce Roullard Vice Preside | OfficerTrustee | 4 | $0 |
Tom Dowd Treasurer | OfficerTrustee | 6 | $0 |
Jane Hurd Secretary / | OfficerTrustee | 4 | $0 |
Rachel Ambrose Member At La | Trustee | 2 | $0 |
Ed Gardner Member At La | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $56,250 |
| All other contributions, gifts, grants, and similar amounts not included above | $238,502 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $294,752 |
| Total Program Service Revenue | $139,370 |
| Investment income | $5,815 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$22,721 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $16,164 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $5,730 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $439,872 |
| 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. | $92,868 |
| Compensation of current officers, directors, key employees. | $43,434 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $156,652 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,784 |
| Payroll taxes | $19,268 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,244 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,752 |
| Advertising and promotion | $2,810 |
| Office expenses | $19,779 |
| Information technology | $10,237 |
| Royalties | $0 |
| Occupancy | $17,320 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,039 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $29,503 |
| Insurance | $3,946 |
| All other expenses | $0 |
| Total functional expenses | $461,043 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $400,404 |
| Savings and temporary cash investments | $35,198 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $240 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $25,108 |
| Prepaid expenses and deferred charges | $500 |
| Net Land, buildings, and equipment | $2,038,656 |
| Investments—publicly traded securities | $441,669 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,941,775 |
| Accounts payable and accrued expenses | $28,082 |
| Grants payable | $0 |
| Deferred revenue | $2,568 |
| 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 | $687,751 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $718,401 |
| Net assets without donor restrictions | $2,136,281 |
| Net assets with donor restrictions | $87,093 |
| 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 | $2,941,775 |