The Owls Head Transportation Museum

Organization Overview

The Owls Head Transportation Museum is located in Owls Head, ME. The organization was established in 1974. According to its NTEE Classification (A57) the organization is classified as: Science & Technology Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Owls Head Transportation Museum employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Owls Head Transportation Museum 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, Owls Head Transportation Museum generated $4.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $2.1m during the year ending 12/2021. While expenses have increased by 0.0% 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

COLLECT, PRESERVE, EXHIBIT, AND OPERATE PRE-1940 AIRCRAFT, GROUND VEHICLES, ENGINES, AND RELATED TECHNOLOGIES SIGNIFICANT TO THE EVOLUTION OF TRANSPORTATION FOR THE PURPOSE OF EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MUSEUM OPERATIONS: COLLECT, MAINTAIN, AND DISPLAY AIR AND GROUND VEHICLES AND ENGINES THAT PLAYED A ROLE IN THE EVOLUTION OF TRANSPORTATION. PROGRAMS INCLUDE RESEARCH, COLLECTION OF INFORMATION AND OPERATION OF ENGINES AND VEHICLES.


EDUCATION: FOCUS ON EXHIBITS AND EVENTS DESIGNED TO INFORM AND EDUCATE THE PUBLIC.


CULTIVATION AND PROMOTION: FOCUS ON NEWSLETTER AND OTHER MEDIA PRESENTATIONS TO THE PUBLIC.


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Board, Officers & Key Employees

Name (title)Compensation
Kevin Bedford
Executive Director
$119,460
Thomas H Rudder
Chairman
$0
Gary C Dunton
Co-Treasurer
$0
John Harris
Secretary
$0
John D Karp
Co-Treasurer
$0
Charles T Akre
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$104,217
Fundraising events$25
Related organizations$0
Government grants $215,600
All other contributions, gifts, grants, and similar amounts not included above$2,848,316
Noncash contributions included in lines 1a–1f $1,288,298
Total Revenue from Contributions, Gifts, Grants & Similar$3,168,158
Total Program Service Revenue$285,982
Investment income $122,792
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $1,805
Net Gain/Loss on Asset Sales $184,218
Net Income from Fundraising Events $575,220
Net Income from Gaming Activities $54,870
Net Income from Sales of Inventory $44,347
Miscellaneous Revenue$0
Total Revenue $4,437,392

Grants Recieved

Over the last fiscal year, we have identified 14 grants that The Owls Head Transportation Museum has recieved totaling $580,160.

Awarding OrganizationAmount
Richard C Paine Jr Automobile Collection Charitable Trust

Portland, ME

PURPOSE: TO FUND OWLS HEAD TRANSPORTATION MUSEUM - DISPLAYS CLASSIC AUTOS

$500,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: ARTS, CULTURE & HUMANITIES

$30,100
Eric And Simone Lang Foundation

Pennington, NJ

PURPOSE: GENERAL OPERATING

$10,000
Kelson Foundation

San Francisco, CA

PURPOSE: GENERAL SUPPORT

$10,000
Cascade Foundation

Rockport, ME

PURPOSE: ARTS AND CULTURE

$10,000
Spellissy Foundation

Wayne, PA

PURPOSE: EDUCATIONAL AND TUTORIAL ENDEAVORS

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$7,550,124
Earnings$2,061,047
Other Expense$280,278
Ending Balance$9,330,893

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