Monmouth Museum
- Assets
- $290.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Monmouth, ME
- Founding
- 06/1979
- Data as of
- 12/2021
- EIN
- 01-0360505
Organization Overview
Monmouth Museum is located in Monmouth, ME. The organization was established in 1979. According to its NTEE Classification (A50) the organization is classified as: Museums, 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. Monmouth Museum 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 12/2021, Monmouth Museum generated $44.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.2% each year . All expenses for the organization totaled $23.2k during the year ending 12/2021. While expenses have increased by 0.1% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
MAINTAIN ORIGINAL DOCUMENTS AND MUSEUM PIECES REFLECTING MONMOUTH AND MAINE HISTORY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Larry Buggia Trustee | 0 | $0 | |
Audrey Walker Vice Preside | 0 | $0 | |
Michael Smith Trustee | 0 | $0 | |
Paul Rioux Trustee | 0 | $0 | |
Doug Ludwig Secretary | 0 | $0 | |
Sheila Sanford President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,329 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $319 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,025 |
| Other Revenue | $1,198 |
| Total Revenue | $44,115 |
| 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 | $881 |
| Occupancy, rent, utilities, and maintenance | $15,023 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,291 |
| Total expenses | $23,195 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $65,709 |
| Other assets | $0 |
| Total assets | $290,185 |
| Total liabilities | $0 |
| Net assets or fund balances | $290,185 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Monmouth Museum has recieved totaling $11,530.
| Awarding Organization | Amount |
|---|---|
Maine Community Foundation Inc Ellsworth, ME PURPOSE: Historical Organizations | $11,530 |
Peer Organizations
| 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 |