Poland Spring Preservation Society
- Assets
- $737.7k
- Revenue
- $165.8k
- Investments
- $0.0
- Employees
- 7
- Location
- Poland Spring, ME
- Founding
- 03/1977
- Data as of
- 12/2021
- EIN
- 01-0347068
Organization Overview
Poland Spring Preservation Society is located in Poland Spring, ME. The organization was established in 1977. 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 12/2021, Poland Spring Preservation Society employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Poland Spring Preservation Society 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 12/2021, Poland Spring Preservation Society generated $165.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $110.9k during the year ending 12/2021. While expenses have increased by 6.8% 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
PRESERVATION OF HISTORICALLY SIGNIFICANT BUILDINGS IN POLAND SPRING AND TO EDUCATE VISITORS ABOUT THE POLAND SPRINGS HISTORY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HISTORICAL BUILDINGS ARE OPEN TO THE PUBLIC DURING THE SUMMER MONTHS AND FOR SCHOOL FIELD TRIPS IN THE SPRING.
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 |
|---|---|---|---|
Merrill Marsh Treasurer | OfficerTrustee | 2 | $0 |
David Andrews Secretary | OfficerTrustee | 2 | $0 |
Cyndi Robbins Vice President | OfficerTrustee | 2 | $0 |
James Delamater President | OfficerTrustee | 2 | $0 |
Jonathan Skinner Director | Trustee | 0 | $0 |
Stan Tetenman Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,275 |
| Fundraising events | $2,545 |
| Related organizations | $0 |
| Government grants | $25,067 |
| All other contributions, gifts, grants, and similar amounts not included above | $101,985 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $131,872 |
| Total Program Service Revenue | $4,139 |
| Investment income | $137 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,825 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $23,275 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,597 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $165,845 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $53,466 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,090 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $35 |
| Fees for services: Accounting | $3,710 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,361 |
| Office expenses | $2,062 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $20,539 |
| Insurance | $11,382 |
| All other expenses | $2,407 |
| Total functional expenses | $110,859 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $82,576 |
| Savings and temporary cash investments | $0 |
| 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 | $624,817 |
| Investments—publicly traded securities | $30,266 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $737,659 |
| Accounts payable and accrued expenses | $423 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $423 |
| Net assets without donor restrictions | $706,970 |
| Net assets with donor restrictions | $30,266 |
| 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 | $737,659 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Poland Spring Preservation Society has recieved totaling $38.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $38 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Maine Historical Society Portland, ME | $13,012,568 | $2,642,638 |
Historic Harrisville Inc Harrisville, NH | $5,745,730 | $1,134,917 |
New England Electric Railway Historical Society Kennebunkport, ME | $8,628,809 | $3,104,228 |
Old York Historical Society York, ME | $9,131,743 | $731,758 |
Portsmouth Historical Society Portsmouth, NH | $3,776,411 | $3,186,969 |
Historical Society Of Cheshire Cty Keene, NH | $6,912,081 | $683,273 |
Victoria Mansion Portland, ME | $7,456,026 | $975,130 |
Greater Portland Landmarks Inc Portland, ME | $2,715,292 | $431,780 |
Maine Preservation Yarmouth, ME | $1,039,325 | $459,368 |
Castine Historical Society Inc Castine, ME | $8,350,405 | $605,426 |
Trustees Of Bloomfield Academy Skowhegan, ME | $2,438,254 | $591,288 |
Rockland Historical Society Rockland, ME | $48,909 | $54,735 |