Watermans Community Center
- Assets
- $3.1m
- Revenue
- $570.3k
- Investments
- $0.0
- Employees
- 37
- Location
- North Haven, ME
- Founding
- 09/1997
- Data as of
- 09/2020
- EIN
- 31-1562189
Organization Overview
Watermans Community Center is located in North Haven, ME. The organization was established in 1997. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 09/2021, Watermans Community Center employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Watermans Community Center 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 09/2020, Watermans Community Center generated $570.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $499.6k during the year ending 09/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE ARTS & ENRICHMENT PROGRAMS & EXPERIENCES FOR NORTH HAVEN COMMUNITY MEMBERS OF ALL AGES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THEATRICAL PRODUCTIONS HAVE BEEN AN IMPORTANT PART OF WATERMAN'S PROGRAMMING SINCE ITS INCEPTION. DURING FISCAL YEAR 20.21 OFFERINGS INCLUDED: AN OUTSIDE PRODUCTION OF RAY BRADBURY'S THE VELDT, SANDY IS AN EGGPLANT, SHANNON IS A PRETTY GIRLY BY LINDSAY PRICE, THE 6TH BIENNIAL PLAYWRITING FESTIVAL (17 PLAYS), ALL THAT FALL BY SAMUEL BECKETT AND SUMMER REVIVALS OF 2 PLAYWRITING FESTIVAL PRODUCTIONS.YOUTH PROGRAMS: LAUGH & LEARN PRESCHOOL, AFTER SCHOOL AND OTHER YOUTH PROGRAMS (INCLUDING, KIDS' NIGHT OUT, MIDDLE SCHOOL & TEEN NIGHTS, SUMMER CAMPS: SCHOOL OF FISH AND SUMMER LITTLE URCHINS, ANNUAL HALLOWEEN & GINGERBREAD HOUSE PARTIES, AND THE ANNUAL GRANT WE GIVE NORTH HAVEN COMMUNITY SCHOOL FOR ARTS INTEGRATIONS INTO THEIR ACADEMICPROGRAMMING.GENERAL EVENTS: LECTURES & PRESENTATIONS ON CURRENT OR TOPICS OF LOCAL INTEREST, COMMUNITY ART EXHIBITS, MOVIES, CONCERTS, PUBLIC GATHERINGS IN SUPPORT OF THE ARTS, WORKSHOPS, THE ANNUAL FLOWER SHOW AND MORE!
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christie Hallowell Execcutive Director | Officer | 40 | $79,896 |
Janet Williamson President | OfficerTrustee | 1 | $0 |
Steven Phillips Vice President | OfficerTrustee | 1 | $0 |
Joe Stone Secretary | OfficerTrustee | 1 | $0 |
Dan Amory Treasurer | OfficerTrustee | 1 | $0 |
David Hopkins Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $459,407 |
| Investment income | $30,586 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,669 |
| 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 | $11,883 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $570,258 |
| Statement of Expenses | |
|---|---|
| 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. | $75,637 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $145,365 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $19,257 |
| Payroll taxes | $18,833 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $19,193 |
| Advertising and promotion | $0 |
| Office expenses | $11,225 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $23,562 |
| Travel | $860 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $78,360 |
| Insurance | $22,828 |
| All other expenses | $0 |
| Total functional expenses | $499,591 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $533,571 |
| 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 | $7,996 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $1,026,047 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,096,274 |
| Accounts payable and accrued expenses | $7,068 |
| 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 | $62,900 |
| Total liabilities | $69,968 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $3,026,306 |
Grants Awarded
Over the last fiscal year, Watermans Community Center has awarded $54,840 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NORTH HAVEN COMMUNITY SCHOOL PURPOSE: Arts and enrichment activity programs in public school. | $47,000 |
TOWN OF NORTH HAVEN PURPOSE: Purchase of playground equipment. | $7,840 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that Watermans Community Center has recieved totaling $71,815.
| Awarding Organization | Amount |
|---|---|
Maine Community Foundation Inc Ellsworth, ME PURPOSE: Arts, Youth Centers | $21,000 |
Weld Foundation Boston, MA PURPOSE: GENERAL | $11,000 |
Strypemonde Foundation Tr New York, NY PURPOSE: GENERAL PURPOSES | $10,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $8,100 |
The Jebediah Foundation Boston, MA PURPOSE: CONTRIBUTION TO GENERAL | $5,000 |
Onion Foundation Wayne, ME PURPOSE: GENERAL PURPOSE | $5,000 |
Endowment Analysis
| Beg. Balance | $1,026,048 |
| Earnings | $133,938 |
| Net Contributions | $346,050 |
| Ending Balance | $1,506,036 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wolfes Neck Farm Foundation Inc Freeport, ME | $12,188,100 | $5,656,149 |
Francis T & Louise T Nichols Foundation Bangor, ME | $18,153,366 | $3,236,435 |
Horizon Foundation Inc Portland, ME | $24,987,883 | $2,103,553 |
Burns Family Foundation Inc Damariscotta, ME | $7,389,840 | $428,121 |
Information Technology Exchange Searsport, ME | $1,439,216 | $1,322,404 |
Positive Tracks Inc Hanover, NH | $788,895 | $936,477 |
Land Conservation Assistance Network Yarmouth, ME | $35,022 | $631,077 |
Krempels Center Portsmouth, NH | $1,041,013 | $734,120 |
Watermans Community Center North Haven, ME | $3,096,274 | $570,258 |
Charitable Division Of The Rotary Club Of Portsmouth New Hampshire Portsmouth, NH | $3,205,504 | $502,112 |
Islesboro Islands Trust Islesboro, ME | $4,486,881 | $831,070 |
Hine Corporation Scarborough, ME | $1,274,954 | $334,482 |