Francis M Malcolm Institute

Organization Overview

Francis M Malcolm Institute is located in Easton, ME. The organization was established in 1982. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Francis M Malcolm Institute 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 12/2020, Francis M Malcolm Institute generated $17.9k 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 (22.7%) each year. All expenses for the organization totaled $196.3k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2020

Describe the Organization's Program Activity:

Part 3 - Line 4a

SINCE OPENING IN 1983, THE FRANCIS M MALCOLM INSTITUTE (THE "INSTITUTE") HAS TAUGHT AND INSPIRED THOUSANDS OF CHILDREN. THE ONLY CENTER OF ITS KIND NORTH OF BANGOR, MAINE, THE INSTITUTE IS HOME TO THE NORTHERN-MOST PLANETARIUM THEATER IN THE UNITED STATES. APPROXIMATELY 6,000 VISITORS OF ALL AGES ATTEND OUR PROGRAMS AND EVENTS EACH YEAR. WHILE THE GENERAL PUBLIC ENJOYS ACTIVITIES SUCH AS SNOWSHOE HIKES, WREATH MAKING AND LEARNING HOW TO MAKE APPLE CIDER, THE HEART OF THE INSTITUTE'S WORK IS ITS OUTREACH TO AROOSTOOK COUNTY STUDENTS AND THEIR TEACHERS. ADULT HANDICAPPED GROUPS ARE ALSO FREQUENT VISITORS. IN ADDITION TO THE PLANETARIUM THEATER, THE INSTITUTE OFFERS A NATURAL HISTORY MUSEUM AND A 140+ ACRE OUTDOOR NATURE CLASSROOM. THE OUTDOOR CLASSROOM OFFERS AN IMMERSION INTO LIFE AND ENVIRONMENTAL SCIENCE EXPERIENCES, REINFORCING ITS CONTENT WITH A UNIQUE "HANDS-ON" DISCOVERY APPROACH LEARNING STYLE.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $16,812
Interest on Savings $101
Dividends & Interest $113
Net Rental Income$0
Net Gain on Sale of Assets $74
Capital Gain Net Income $74
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $792
Total Revenue $17,892

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