Harpswell News is located in Harpswell, ME. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, 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. Harpswell News 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 12/2023, Harpswell News generated $399.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $329.5k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PUBLISH A MONTHLY NEWSPAPER COVERING TOPICS OF INTEREST TO THE LOCAL HARPSWELL, ME COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLISHING A MONTHLY PRINT NEWSPAPER COVERING TOPICS OF INTEREST TO THE LOCAL HARPSWELL, MAINE COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Greg Bestick President | OfficerTrustee | 0 | $0 |
Doug Warren Vice President | OfficerTrustee | 0 | $0 |
Deidre Strachan Secretary | OfficerTrustee | 0 | $0 |
Kate Willeford Treasurer | OfficerTrustee | 0 | $0 |
John Boomer Director | Trustee | 0 | $0 |
Robin Casey Director | Trustee | 0 | $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 | $398,410 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $398,410 |
Total Program Service Revenue | $0 |
Investment income | $702 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
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 | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $399,112 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $184,336 |
Pension plan accruals and contributions | $231 |
Other employee benefits | $14,980 |
Payroll taxes | $16,545 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,399 |
Fees for services: Accounting | $930 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $15,106 |
Office expenses | $6,130 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $1,980 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $30 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,000 |
Insurance | $7,506 |
All other expenses | $10,698 |
Total functional expenses | $329,467 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $225,847 |
Savings and temporary cash investments | $100,681 |
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 | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $24,668 |
Other assets | $0 |
Total assets | $351,196 |
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 | $0 |
Total liabilities | $0 |
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 |
Retained earnings, endowment, accumulated income, or other funds | $351,196 |
Total liabilities and net assets/fund balances | $351,196 |
Organization Name | Assets | Revenue |
---|---|---|
Solon Center For Research And Publishing Solon, ME | $1,416,299 | $1,283,402 |
Maine Center For Public Interest Reporting Hallowell, ME | $337,036 | $830,501 |
New Energy Foundation Inc Concord, NH | $9,785 | $493,058 |
Maine Writers And Publishers Alliance Portland, ME | $125,857 | $374,924 |
Marion Mckenney & Emery W Booker Brunswick, ME | $4,653,390 | $554,564 |
Harpswell News Harpswell, ME | $351,196 | $399,112 |
Abba A Womens Resource Center Portland, ME | $780,132 | $311,069 |
New England Peer Review In Bedford, NH | $243,951 | $219,176 |
Hanover Review Inc Hanover, NH | $216,985 | $0 |
The Beloit Poetry Journal Foundation Inc Windham, ME | $115,510 | $0 |
Gorham Times Inc Gorham, ME | $41,473 | $0 |
Communication Workers Of America Westbrook, ME | $331,104 | $0 |
Communication Workers Of America Manchester, NH | $69,526 | $0 |
Center For Gestalt Development Inc C O Joe Wysong Gouldsboro, ME | $106,569 | $0 |
Peregrine Press Portland, ME | $55,545 | $0 |
Brentwood Newsletter Inc Brentwood, NH | $12,478 | $0 |
Endowment For Human Development Inc Concord, NH | $54,836 | $0 |