Skyline Farm
- Assets
- $702.5k
- Revenue
- $53.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Yarmouth, ME
- Founding
- 06/2000
- Data as of
- 08/2022
- EIN
- 01-0530955
Organization Overview
Skyline Farm is located in Yarmouth, ME. The organization was established in 2000. According to its NTEE Classification (A54) the organization is classified as: History 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. Skyline Farm 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 08/2022, Skyline Farm generated $53.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $36.0k during the year ending 08/2022. While expenses have increased by 0.8% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PRESERVE OPEN SPACE FOR RECREATIONAL USE BY THE PUBLIC
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PRESERVE AND MAINTAIN THE OPEN SPACES OF SKYLINE FARM FOR RECREATIONAL USE BY THE PUBLIC AND EQUINE ENTHUSIASTS.
TO MAINTAIN SKYLINE FARM CARRIAGE MUSEUM TO PROMOTE THE UNDERSTANDING OF HORSE DRAWN TRANSPORTATION THROUGH THE COLLECTION, PRESERVATION, AND EXHIBITION OF CARRIAGES AND SLEIGHS TYPICALLY USED IN NEW ENGLAND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pamela Ames Vice President | Officer | 10 | $0 |
Gregory Cuffey Director | Officer | 5 | $0 |
John Sowles Treasurer | Officer | 20 | $0 |
Cynnie Henriques Director | Trustee | 1 | $0 |
Lynn Young Secretary | Trustee | 10 | $0 |
Nicholas Buck Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $5,020 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $28,341 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,361 |
| Total Program Service Revenue | $0 |
| Investment income | $775 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $10,114 |
| Net Gain/Loss on Asset Sales | $4,884 |
| Net Income from Fundraising Events | $4,609 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $53,743 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,922 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,137 |
| 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 | $15,565 |
| Insurance | $6,854 |
| All other expenses | $0 |
| Total functional expenses | $35,958 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $132,341 |
| Savings and temporary cash investments | $0 |
| 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 | $519,532 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $50,655 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $702,528 |
| 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 | $702,528 |
| Total liabilities and net assets/fund balances | $702,528 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Skyline Farm has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Davis Conservation Foundation Yarmouth, ME PURPOSE: Woods Trail Improvement | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Strawbery Banke Museum Portsmouth, NH | $20,097,430 | $6,235,476 |
New Hampshire Historical Society Concord, NH | $27,164,397 | $2,104,190 |
Boothbay Railway Village Boothbay, ME | $1,592,622 | $1,343,965 |
Castine Scientific Society Castine, ME | $21,941,978 | $577,379 |
Manchester Historic Association Manchester, NH | $5,892,345 | $509,463 |
New Hampshire Boat Museum Wolfeboro Falls, NH | $4,627,524 | $2,757,107 |
Franco-American Heritage Center At St Marys Lewiston, ME | $4,768,331 | $285,236 |
Portsmouth Submarine Memorial Association Portsmouth, NH | $1,910,442 | $374,400 |
Brick Store Museum Kennebunk, ME | $3,345,678 | $409,337 |
Bar Harbor Historical Society Inc Bar Harbor, ME | $5,963,655 | $570,599 |
American Independence Center Exeter, NH | $873,774 | $315,892 |
Monhegan Historial & Cultural Museum Association Monhegan, ME | $7,497,398 | $863,357 |