Castine Scientific Society
- Assets
- $21.9m
- Revenue
- $577.4k
- Investments
- $0.0
- Employees
- 14
- Location
- Castine, ME
- Founding
- 11/1964
- Data as of
- 12/2021
- EIN
- 23-7059689
Organization Overview
Castine Scientific Society, operating under the name Wilson Museum, is located in Castine, ME. The organization was established in 1964. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Wilson Museum employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wilson 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, Wilson Museum generated $577.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $670.0k during the year ending 12/2021. While expenses have increased by 4.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BUILDING ON THE LEGACY OF ITS FOUNDING FAMILY, THE WILSON MUSEUM USES ITS DIVERSE COLLECTIONS AND RESOURCES TO PROVIDE LEARNING EXPERIENCES TO STIMULATE EXPLORATION OF THE NATURAL HISTORY AND CULTURES OF THE PENOBSCOT BAY REGION AND THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WILSON MUSEUM - CARE, MAINTENANCE, ADMINISTRATION AND INTERPRETATION OF A 4,500 SQUARE FOOT MUSEUM AND WORLDWIDE COLLECTIONS FROM PREHISTORY TO THE PRESENT DAY INCLUDING EDUCATIONAL SERVICE SUCH AS PUBLICATIONS, LECTURES, DEMONSTRATIONS, AND WEBSITE. OPEN FROM MAY 25 TO SEPTEMBER 30, GROUPS BY APPOINTMENT DURING THE OFF-SEASON. MUSEUM ATTENDANCE OF 5,475.
EDUCATION CENTER & DEMONSTRATION/EXHIBIT AREA - CARE, MAINTENANCE, AND INTERPRETATION OF EXHIBITION/DEMONSTRATION BUILDINGS, A FULLY FUNCTIONAL 19TH CENTURY SMITH, AND A 3,000 SQUARE FOOT EDUCATION CENTER WHERE EDUCATIONAL SERVICES SUCH AS LECTURES, DEMONSTRATIONS AND EXHIBITS ARE OFFERED ON A YEAR-ROUND BASIS. APPROXIMATE EDUCATION CENTER & DEMONSTRATION EXHIBIT AREA ATTENDANCE OF 1,000.
JOHN & PHEBE PERKINS HOUSE, PERKINS GALLERY & MUSEUM STORE - CARE, MAINTENANCE, AND INTERPRETATION OF EXHIBITION, MUSEUM STORE AND A 2 STORY COLONIAL HOME, BUILT IN 1763/83 WHICH IS ON THE NATIONAL REGISTER OF HISTORIC PLACES, AS WELL AS THE CARE OF THE COLLECTIONS WITHIN, INCLUDING FAMILY HEIRLOOMS, LOCAL ARTIFACTS, AND PERIOD PIECES. HISTORIC HOME OPEN JULY AND AUGUST AND BY APPOINTMENT WITH GUIDED TOURS AND DEMONSTRATIONS SUCH AS FIRESIDE COOKING. GALLERY & MUSEUM STORE OPEN MAY 27TH TO SEPTEMBER 30TH, GROUPS BY APPOINTMENT DURING THE OFF-SEASON. PERKINS HOUSE, GALLERY & MUSEUM STORE ATTENDANCE OF 2,083.
OTHER PROGRAM SERVICES - OUTREACH TO AREA SCHOOLS AND COMMUNITY ORGANIZATIONS. APPROXIMATELY 150 PERSON IMPACTED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Hutchins Past Exec Di | Officer | 40 | $72,293 |
Julia Gray Executive Di | Officer | 40 | $21,655 |
Temple Blackwood Past Preside | OfficerTrustee | 4.18 | $0 |
Hans Carlson President | OfficerTrustee | 3.85 | $0 |
Kay Hightower Secretary | OfficerTrustee | 6.42 | $0 |
Jeanmarie Reed Vice Preside | OfficerTrustee | 0.79 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $6,640 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $78,235 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $84,875 |
| Total Program Service Revenue | $655 |
| Investment income | $306,629 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $6,256 |
| Net Gain/Loss on Asset Sales | $172,126 |
| Net Income from Fundraising Events | $1,851 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $4,497 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $577,379 |
| 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. | $93,948 |
| Compensation of current officers, directors, key employees. | $80,955 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $180,410 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $25,387 |
| Payroll taxes | $22,926 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,044 |
| Fees for services: Accounting | $17,422 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $94,798 |
| Fees for services: Other | $19,389 |
| Advertising and promotion | $13,232 |
| Office expenses | $24,215 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $74,803 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,854 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $45,971 |
| Insurance | $12,539 |
| All other expenses | $63 |
| Total functional expenses | $669,969 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $163,951 |
| 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 | $8,599 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,159,372 |
| Investments—publicly traded securities | $18,581,234 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $28,822 |
| Total assets | $21,941,978 |
| Accounts payable and accrued expenses | $9,815 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $9,815 |
| Net assets without donor restrictions | $21,826,938 |
| Net assets with donor restrictions | $105,225 |
| 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 | $21,941,978 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Castine Scientific Society has recieved totaling $7,550.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $7,550 |
Endowment Analysis
| Beg. Balance | $16,472,386 |
| Earnings | $2,647,947 |
| Admin Expense | $94,798 |
| Net Contributions | $39,635 |
| Other Expense | $483,936 |
| Ending Balance | $18,581,234 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Strawbery Banke Museum Portsmouth, NH | $20,097,430 | $6,235,476 |
New Hampshire Historical Society Concord, NH | $27,164,397 | $2,104,190 |
Boothbay Railway Village Boothbay, ME | $1,592,622 | $1,343,965 |
Castine Scientific Society Castine, ME | $21,941,978 | $577,379 |
Manchester Historic Association Manchester, NH | $5,892,345 | $509,463 |
New Hampshire Boat Museum Wolfeboro Falls, NH | $4,627,524 | $2,757,107 |
Franco-American Heritage Center At St Marys Lewiston, ME | $4,768,331 | $285,236 |
Portsmouth Submarine Memorial Association Portsmouth, NH | $1,910,442 | $374,400 |
Brick Store Museum Kennebunk, ME | $3,345,678 | $409,337 |
Bar Harbor Historical Society Inc Bar Harbor, ME | $5,963,655 | $570,599 |
American Independence Center Exeter, NH | $873,774 | $315,892 |
Monhegan Historial & Cultural Museum Association Monhegan, ME | $7,497,398 | $863,357 |