Quoddy Tides Foundation
- Assets
- $3.0m
- Revenue
- $639.5k
- Investments
- $0.0
- Employees
- 4
- Location
- Eastport, ME
- Founding
- 01/1976
- Data as of
- 12/2021
- EIN
- 01-6046843
Organization Overview
Quoddy Tides Foundation, operating under the name Tides Institute, is located in Eastport, ME. The organization was established in 1976. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Tides Institute employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tides Institute 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, Tides Institute generated $639.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $291.9k during the year ending 12/2021. While expenses have increased by 2.6% 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
BRIDGING BOUNDARIES, EXPLORING BORDERS FOUNDED IN 2002 IN EASTPORT MAINE, THE TIDES INSTITUTE & MUSEUM OF ART IS LOCATED ON LONG STANDING TRADITIONAL AND CONTINUING PASSAMAQUODDY HOMELANDS ALONG THE ATLANTIC COAST AT THE UNITED STATES/CANADA BORDER. THIS BOUNDARY LOCATION SHAPES ITS PERSPECTIVE ON THE REGION AND THE BROADER WORLD: THROUGH ITS INITIATIVES AND PROGRAMS TO FOSTER NEW INNOVATIVE AND CROSS-SECTOR WORKS; THROUGH ITS WIDE RANGING COLLECTIONS, EDUCATION AND PRESERVATION EFFORTS; AND THROUGH ITS PARTNERSHIPS AND ENDEAVORS TO STRENGTHEN THE REGION'S ECONOMIC PROSPERITY, VITALITY AND WIDER CONNECTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLECTIONS - IN 2021, A PHOTOGRAPH BY PAUL CAPONIGRO AND TWO LITHOGRAPHS BY STOW WENGENROTH WERE ADDED TO THE COLLECTION, AS WERE GAR/CIVIL WAR- ERA RECORDS AND EPHEMERA, AND A COMPLETE SET OF DIGITIZED RECORDS OF THE EASTPORT SENTINEL NEWSPAPER, AMONG OTHER ITEMS.
PRESERVATION - IN 2021, WORK ON THE MASONIC BUILDING CONTINUED, WITH STOREFRONTS REBUILT, INCLUDING NEW GROUND-FLOOR WINDOWS AND FRAMING,NEW ENTRIES INCLUDING HANDICAPPED-ACCESSIBLE DOORWAY AND IMPROVED VENTILATION WITH SCREENED TRANSOM WINDOWS.
EDUCATION IN 2021, THE ORGANIZATION PRESENTED AN EXHIBITION OF STOW WENGENROTH'S LITHOGRAPHS FROM THE REGION, WHICH SET ATTENDANCE RECORDS AND INCLUDED ONLINE PRESENTATIONS OF VIRTUAL EXHIBITIONS AND RESOURCES. A CONTEMPORARY EXHIBITION OF VIDEO AND MYLAR INSTALLATION WAS PRESENTED IN THE NORTH CHURCH PROJECT SPACE, ALONG WITH A LIVE-STREAMED OPENING PERFORMANCE BY THE ARTIST. FOSTER NEW WORK IN 2021, THE ORGANIZATION HOSTED 11 ARTISTS-IN-RESIDENCE, AND PRESENTED THREE CONTEMPORARY SITE-SPECIFIC SCULPTURAL INSTALLATIONS IN TWO BUILDINGS, INCLUDING STOREFRONT EXHIBITIONS VISIBLE FROM THE SIDEWALK OR STREET, MADE FROM ROPE, LATEX IMPRESSIONS OF ARCHITECTURE IN THE COMMUNITY. ARTISTS-IN-RESIDENCE CREATED WORK IN A VARIETY OF MEDIA, INCLUDING TINTYPE PHOTOGRAPHY, PAINTING, PRINTMAKING AND OTHERS. PARTNERSHIPS IN 2021, THE ORGANIZATION COORDINATED EXHIBITION OPENINGS AND DROP-IN PROGRAMS WITH OTHER COMMUNITY EVENTS, SUCH AS SUMMER FESTIVALS AND ARTS-THEMED WEEKENDS. EDUCATIONAL OUTREACH PROGRAMS WERE OFFERED IN LOCAL SCHOOLS AS WELL AS IN SENIOR CENTERS AND GROUP HOMES. A SPECIAL WEEKEND OF ARTIST WORKSHOPS WAS OFFERED AS A PROFESSIONAL DEVELOPMENT OPPORTUNITY FOR TEACHERS FROM THE MAINE ALLIANCE FOR ARTS EDUCATION, A STATEWIDE ORGANIZATION. PARTNERSHIPS CONTINUED WITH OTHER ORGANIZATIONS, SUCH AS THE DOWNEAST RAINBOW ALLIANCE, AND OTHER COMMUNITY GROUPS PARTNERING ON THE NEW YEAR'S EVE FESTIVAL THE ORGANIZATION ORGANIZES.
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 |
|---|---|---|---|
Hugh French Executive Di | Trustee | 20 | $30,333 |
Kristin Mckinlay Asst Dir Of | Trustee | 20 | $18,200 |
Markley Boyer President/ V | OfficerTrustee | 1 | $0 |
Robert Tuckett Treasurer/se | OfficerTrustee | 5 | $0 |
Raine Miller Trustee | Trustee | 1 | $0 |
Penelope Lemon Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $12,600 |
| All other contributions, gifts, grants, and similar amounts not included above | $614,464 |
| Noncash contributions included in lines 1a–1f | $25,016 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $627,064 |
| Total Program Service Revenue | $6,445 |
| Investment income | $1,314 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $138 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $639,507 |
| 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. | $48,533 |
| Compensation of current officers, directors, key employees. | $13,954 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,593 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,894 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $594 |
| Fees for services: Accounting | $1,849 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $35,060 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $11,544 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $63,606 |
| Insurance | $24,877 |
| All other expenses | $14,900 |
| Total functional expenses | $291,883 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $265,820 |
| Savings and temporary cash investments | $89,580 |
| 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 | $1,628 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,154,563 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $471,546 |
| Total assets | $2,983,137 |
| Accounts payable and accrued expenses | $0 |
| 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 | $120,536 |
| Other liabilities | $186 |
| Total liabilities | $120,722 |
| Net assets without donor restrictions | $2,757,315 |
| Net assets with donor restrictions | $105,100 |
| 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 | $2,983,137 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Quoddy Tides Foundation has recieved totaling $32,927.
| Awarding Organization | Amount |
|---|---|
Maine Community Foundation Inc Ellsworth, ME PURPOSE: Arts & Culture | $20,427 |
Mildred H Mcevoy Foundation Worcester, MA PURPOSE: RESTORATION OF 19TH CENTURY CIVIL WA | $10,000 |
Kaufman Fam Foundation Newport, VT PURPOSE: SUPPORT | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Td Charitable Foundation Falmouth, ME | $0 | $26,328,021 |
P M Allen Family Foundation Hanover, NH | $110,796,013 | $13,365,268 |
Rannie Webster Foundation Rye, NH | $21,769,366 | $13,522,122 |
Elmina B Sewall Foundation Freeport, ME | $198,399,545 | $18,229,129 |
Lunder Foundation Portland, ME | $114,918 | $28,179,943 |
Otto And Fran Walter Foundation Inc Boothbay Harbor, ME | $14,780,673 | $2,403,803 |
The Jack & Dorothy Byrne Foundation Inc Hanover, NH | $178,090 | $5,355,970 |
The Birchtree Center Portsmouth, NH | $2,377,101 | $5,561,187 |
The Bill And Joan Alfond Foundation Portland, ME | $33,512,660 | $6,141,856 |
Friends Of Notre-Dame De Paris Inc Etna, NH | $24,880,670 | $12,372,128 |
Sam L Cohen Foundation Portland, ME | $30,483,258 | $3,967,796 |
Huber Foundation Falmouth, ME | $75,719,525 | $3,696,908 |