Rufus Porter Museum Inc is located in Bridgton, ME. The organization was established in 2006. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Rufus Porter Museum Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rufus Porter Museum Inc 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 12/2022, Rufus Porter Museum Inc generated $584.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.7% each year . All expenses for the organization totaled $160.8k during the year ending 12/2022. While expenses have increased by 6.4% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
CELEBRATE THE LIFE AND TIMES OF A REMARKABLY CREATIVE AMERICAN GENIUS WHO WORKED THROUGHOUT MAINE, NEW ENGLAND AND BEYOND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH DISPLAYING EXHIBITS IN THE MUSEUM TO EDUCATE THE LOCAL COMMUNITIES IN THE WORKS OF RUFUS PORTER.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Karla Leandri Rider Director | Trustee | 30 | $52,852 |
Beth Cossey Vice President | OfficerTrustee | 1 | $0 |
Deb Fitts Treasurer | OfficerTrustee | 5 | $0 |
Therese Johnson President | OfficerTrustee | 10 | $0 |
Dianne Barth Secretary | OfficerTrustee | 1 | $0 |
Peg Puza Trustee | Trustee | 1 | $0 |
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 | $560,763 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $560,763 |
Total Program Service Revenue | $7,690 |
Investment income | $6,530 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$1,771 |
Net Income from Fundraising Events | $7,197 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $4,306 |
Miscellaneous Revenue | $0 |
Total Revenue | $584,715 |
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. | $52,852 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $20,998 |
Pension plan accruals and contributions | $3,500 |
Other employee benefits | $135 |
Payroll taxes | $5,650 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,169 |
Advertising and promotion | $1,889 |
Office expenses | $7,061 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $11,145 |
Travel | $0 |
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 | $20,867 |
Insurance | $4,162 |
All other expenses | $4,585 |
Total functional expenses | $160,823 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $116,178 |
Savings and temporary cash investments | $261,905 |
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 | $8,879 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $482,096 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,157,713 |
Total assets | $2,026,771 |
Accounts payable and accrued expenses | $0 |
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 | $508 |
Total liabilities | $508 |
Net assets without donor restrictions | $699,277 |
Net assets with donor restrictions | $1,326,986 |
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 | $2,026,771 |
Over the last fiscal year, we have identified 4 grants that Rufus Porter Museum Inc has recieved totaling $35,900.
Awarding Organization | Amount |
---|---|
Jack And Deborah Daw Heffernan Foundation Bridgton, ME PURPOSE: EDUCATIONAL | $27,000 |
United Way Inc Portland, ME PURPOSE: Community Investment | $5,400 |
Robert & Dorothy Goldberg Charitable Foundation Portland, ME PURPOSE: PROGRAMMING SUPPORT | $3,000 |
Lubrano Family Charitable Foundation Boston, MA PURPOSE: GENERAL CHARITABLE PURPOSES | $500 |
Organization Name | Assets | Revenue |
---|---|---|
Maine Maritime Museum Bath, ME | $19,147,299 | $3,611,205 |
Maine Mineral & Gem Museum Bethel, ME | $14,617,603 | $769,092 |
Canterbury Shaker Village Inc Canterbury, NH | $3,241,019 | $1,688,271 |
Penobscot Marine Museum Searsport, ME | $8,277,134 | $1,504,211 |
Sailing Ships Portland Portland, ME | $252,695 | $803,946 |
Abbe Museum Bar Harbor, ME | $4,804,812 | $816,686 |
Chosen Vale Inc Enfield, NH | $3,466,183 | $1,051,971 |
New England Ski Museum Franconia, NH | $1,811,111 | $345,656 |
Moosehead Marine Museum Inc Greenville, ME | $2,433,477 | $495,523 |
Seal Cove Auto Museum Seal Cove, ME | $959,876 | $735,715 |
Americas Credit Union Museum Foundation Manchester, NH | $2,650,235 | $258,089 |
Marine Mammals Of Maine Bath, ME | $177,477 | $377,561 |