Sconset Trust Inc

Organization Overview

Sconset Trust Inc is located in Siasconset, MA. The organization was established in 1985. According to its NTEE Classification (C34) the organization is classified as: Land Resources Conservation, under the broad grouping of Environment and related organizations. As of 12/2021, Sconset Trust Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sconset Trust 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 12/2021, Sconset Trust Inc generated $3.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.5% each year . All expenses for the organization totaled $494.3k during the year ending 12/2021. While expenses have increased by 5.5% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CONSERVATION OF OPEN SPACE

Describe the Organization's Program Activity:

Part 3 - Line 4a

CONSERVATION OF AREAS OF OPEN LAND AND PUBLIC WATER RESOURCES. PRESERVATION OF THE CHARACTER OF THE VILLAGE OF SIASCONSET MA. EDUCATIONAL PROGRAMS, STUDY OF THE AREA, AND MAINTANENCE OF THE LIGHTHOUSE.


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Board, Officers & Key Employees

Name (title)Compensation
Clement Durkes
President
$0
Charles Cruice
Treasurer
$0
Siobhan Moore
Secretary
$0
Cynthia Fraser Gallagher
Clerk
$0
John Johnson
Vice Chairman
$0
Barbara Bispham
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $29,100
All other contributions, gifts, grants, and similar amounts not included above$952,592
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$981,692
Total Program Service Revenue$0
Investment income $89,109
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,628,964
Net Income from Fundraising Events $179,108
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,878,873

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Sconset Trust Inc has recieved totaling $1,700.

Awarding OrganizationAmount
Asher Family Foundation Inc

Fort Myers, FL

PURPOSE: ENVIRONMENT

$1,000
Queally Family Foundation Inc

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$500
Clara Foundation Inc

Siasconset, MA

PURPOSE: GENERAL & UNRESTRICTED

$200
View Grant Recipient Profile

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