Douglas A Thom Memorial Corporation
- Assets
- $463.0k
- Revenue
- $7.0k
- Investments
- $140.5k
- Employees
- 0
- Location
- Camden, ME
- Founding
- 07/1964
- Data as of
- 12/2021
- EIN
- 01-6019126
Organization Overview
Douglas A Thom Memorial Corporation is located in Camden, ME. The organization was established in 1964. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Douglas A Thom Memorial Corporation 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, Douglas A Thom Memorial Corporation generated $7.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $3.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jamie Weymouth Director | 0.25 | $0 | |
Audrey Moody Co-Treasurer | 0.25 | $0 | |
Elaine Davis Co-Treasurer | 0.25 | $0 | |
Sharon Danforth Director | 0.25 | $0 | |
Faith Vautour Vice President | 1.25 | $0 | |
Peter T Gross President | 0.75 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1 |
| Dividends & Interest | $5,675 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,304 |
| Capital Gain Net Income | $1,304 |
| Net ST Capital Gain | $14 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,980 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $84 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $256 |
| Total operating and administrative expenses | $3,515 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $3,515 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,590 |
| Savings and temporary cash investments | $4,137 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $314,779 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $463,044 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Portland Ovations Portland, ME | $2,819,277 | $2,954,618 |
Winnipesaukee Playhouse Meredith, NH | $4,588,374 | $1,260,967 |
Opera House Arts Stonington, ME | $2,484,317 | $996,461 |
M&j Company Bangor, ME | $6,064,291 | $883,861 |
Maine & Company Portland, ME | $464,139 | $628,199 |
Palaver Strings Incorporated Portland, ME | $70,592 | $548,970 |
Speak About It Portland, ME | $16,113 | $268,457 |
One Longfellow Square Inc Portland, ME | $589,311 | $748,592 |
City Theater Associates Inc 205 Main St Biddeford, ME | $352,461 | $316,671 |
Classical Uprising Brunswick, ME | $24,521 | $0 |
M & D Productions North Conway, NH | $58,960 | $80,615 |
Revels North Inc Lebanon, NH | $55,050 | $69,595 |