Douglas A Thom Memorial Corporation
- Assets
- $467.3k
- Revenue
- $6.3k
- Investments
- $130.1k
- Employees
- 0
- Location
- Camden, ME
- Founding
- 07/1964
- Data as of
- 12/2023
- 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 12/2023, Douglas A Thom Memorial Corporation generated $6.3k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $3.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 9 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 |
|---|---|---|---|
Michele Metzler Vice President | 0.25 | $0 | |
Audrey Moody Co-Treasurer | 1 | $0 | |
Elaine Davis Co-Treasurer | 1 | $0 | |
Sharon Danforth Secretary | 0.5 | $0 | |
Peter T Gross President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1 |
| Dividends & Interest | $6,265 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $14 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,280 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $74 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $349 |
| Total operating and administrative expenses | $3,399 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $3,399 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,241 |
| Savings and temporary cash investments | $2,512 |
| 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 | $327,419 |
| 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 | $467,275 |
| 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 |