July 4th Portland
- Assets
- $5.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, ME
- Founding
- 09/2013
- Data as of
- 12/2018
- EIN
- 46-1526776
Organization Overview
July 4th Portland is located in Portland, ME. The organization was established in 2013. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. July 4th Portland 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 12/2018, July 4th Portland generated $10.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (44.6%) each year. All expenses for the organization totaled $57.8k during the year ending 12/2018. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2018
Describe the Organization's Program Activity:
Part 3
SINCE 2010, JULY 4TH PORTLAND PRIVATELY RAISED FUNDS FOR THE STARS AND STRIPES SPECTACULAR. JULY 4TH PORTLAND WORKED IN PARTNERSHIP WITH THE CITY OF PORTLAND COORDINATING THE FIREWORKS AND POPS CONCERT WAS CONDUCTED SAFELY FOR THE 50,000 TO 70,000 SPECTATORS WHO ATTEND. IN 2018 THE CONCERT WAS SUSPENDED DUE TO LACK OF FUNDING. JULY 4TH PORTLAND HAS BEEN WORKING WITH SHAMROCK SIGNATURE OF PORTLAND TO TAKE OVER THE EVENT IN 2019.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Reardon Tim President | 3 | $0 | |
Desisto Lisa Director | 1 | $0 | |
Quirk Jack Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,245 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $10,245 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,700 |
| Occupancy, rent, utilities, and maintenance | $299 |
| Printing, publications, postage, and shipping | $108 |
| Other expenses | $55,645 |
| Total expenses | $57,752 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,334 |
| Other assets | $0 |
| Total assets | $4,983 |
| Total liabilities | $200 |
| Net assets or fund balances | $4,783 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ogunquit Playhouse Foundation Ogunquit, ME | $16,189,954 | $13,533,922 |
Farnsworth Real Estate Inc Rockland, ME | $10,803,389 | $1,239,995 |
The Opera House At Boothbay Harbor Boothbay Harbor, ME | $3,047,558 | $513,394 |
Cca North Corp Concord, NH | $4,494,491 | $126,000 |
Friends Of The Daponte String Quartet Damariscotta, ME | $374,776 | $403,825 |
Majestic Theatre Manchester, NH | $191,750 | $366,095 |
Wilhelm Reich Infant Trust Rangeley, ME | $808,958 | $371,908 |
Rangeley Friends Of The Performing Arts Inc Rangeley, ME | $1,046,663 | $241,635 |
Harbor Theater Boothbay, ME | $295,945 | $0 |
Pejepscot Endowment Trust Brunswick, ME | $1,134,159 | $164,130 |
Old Fort Western Fund Augusta, ME | $392,040 | $102,282 |
July 4th Portland Portland, ME | $4,983 | $0 |