Mount Desert Land And Garden Preserve
- Assets
- $141.0m
- Revenue
- $1.7m
- Investments
- $18.4k
- Employees
- 53
- Location
- Seal Harbor, ME
- Founding
- 09/1993
- Data as of
- 12/2021
- EIN
- 23-7102758
Organization Overview
Mount Desert Land And Garden Preserve is located in Seal Harbor, ME. The organization was established in 1993. According to its NTEE Classification (C41) the organization is classified as: Botanical Gardens & Arboreta, under the broad grouping of Environment and related organizations. As of 12/2021, Mount Desert Land And Garden Preserve employed 53 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mount Desert Land And Garden Preserve 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, Mount Desert Land And Garden Preserve generated $1.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (32.4%) each year. All expenses for the organization totaled $4.0m during the year ending 12/2021. 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
THE MISSION OF THE MOUNT DESERT LAND AND GARDEN PRESERVE IS TO SHARE THE BEAUTY OF HISTORIC LANDS AND GARDENS ON MOUNT DESERT ISLAND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESERVED THE UNIQUE CHARACTER OF HISTORIC GARDENS THAT LIE SOUTH OF ACADIA NATIONAL PARK IN NORTHEAST HARBOR AND SEAL HARBOR: THE ASTICOU AZALEA GARDEN, THUYA GARDEN AND ABBY ALDRICH ROCKEFELLER GARDEN. MAINTAINED AND CONSERVED THE LANDS, ROADS, TRAILS AND STRUCTURES, INCLUDING THE HISTORIC LODGE ADJACENT TO THUYA GARDENS. MANAGED AND MAINTAINED PUBLIC ACCESS TO RELATED PROPERTIES: A HARBOR LANDING AND THE ASTICOU TERRACES TRAIL FROM NORTHEAST HARBOR TO THUYA GARDEN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rodney Eason CEO | Officer | 40 | $166,418 |
Christopher Stevenson Clerk | Officer | 40 | $97,606 |
Kate Baxter Vice President | OfficerTrustee | 0 | $0 |
Samuel Mcgee President | OfficerTrustee | 0 | $0 |
Amy Falls Director | Trustee | 0 | $0 |
Lauren Kogod Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,021,011 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,021,011 |
| Total Program Service Revenue | $0 |
| Investment income | $626,271 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$10,479 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$58 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,713,296 |
| 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. | $273,982 |
| Compensation of current officers, directors, key employees. | $82,195 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,373,338 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $412,639 |
| Payroll taxes | $130,848 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $30,052 |
| Fees for services: Accounting | $19,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $683,116 |
| Advertising and promotion | $0 |
| Office expenses | $9,798 |
| Information technology | $48,188 |
| Royalties | $0 |
| Occupancy | $153,410 |
| Travel | $1,734 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,949 |
| Interest | $2,400 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $317,152 |
| Insurance | $85,486 |
| All other expenses | $106,700 |
| Total functional expenses | $4,011,978 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $204,445 |
| Savings and temporary cash investments | $447,282 |
| Pledges and grants receivable | $2,650 |
| 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 | $25,028 |
| Prepaid expenses and deferred charges | $46,492 |
| Net Land, buildings, and equipment | $37,918,506 |
| Investments—publicly traded securities | $102,063,291 |
| Investments—other securities | $18,420 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $244,407 |
| Total assets | $140,970,521 |
| Accounts payable and accrued expenses | $11,864 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $26,521 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $70,000 |
| Other liabilities | $0 |
| Total liabilities | $108,385 |
| Net assets without donor restrictions | $50,569,075 |
| Net assets with donor restrictions | $90,293,061 |
| 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 | $140,970,521 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that Mount Desert Land And Garden Preserve has recieved totaling $116,900.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $29,900 |
Rockefeller Family Fund Inc New York, NY PURPOSE: GENERAL SUPPORT - ENVIRONMENT | $20,000 |
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $11,000 |
Growald Climate Fund Inc Brookline, MA PURPOSE: GENERAL SUPPORT | $10,000 |
Mitchell P Rales Family Foundation Potomac, MD PURPOSE: GENERAL SUPPORT | $10,000 |
Ausolus Tr Boston, MA PURPOSE: EXEMPT PURPOSE | $10,000 |
Endowment Analysis
| Beg. Balance | $70,238,739 |
| Earnings | $13,542,458 |
| Net Contributions | $1,598,020 |
| Other Expense | $2,726,518 |
| Ending Balance | $82,652,699 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Coastal Maine Botanical Gardens Inc Boothbay, ME | $58,317,312 | $23,280,988 |
Mount Desert Land And Garden Preserve Seal Harbor, ME | $140,970,521 | $1,713,296 |
Viles Arboretum Augusta, ME | $1,283,429 | $313,420 |
Mclaughlin Foundation Inc South Paris, ME | $723,657 | $198,996 |
D Acres Of New Hampshire Inc Dorchester, NH | $38,942 | $74,806 |
Robinwood Center Stratham, NH | $32,454 | $0 |
Friends Of The Grout Hill Gardens Acworth, NH | $14,536 | $0 |
Twin Town Nature Club Oxford, ME | $3,737 | $32 |