Boothbay Region Art Foundation Inc
- Assets
- $43.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Boothbay Harbor, ME
- Founding
- 07/1964
- Data as of
- 09/2023
- EIN
- 01-6019124
Organization Overview
Boothbay Region Art Foundation Inc is located in Boothbay Harbor, ME. The organization was established in 1964. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, 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. Boothbay Region Art Foundation 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 09/2023, Boothbay Region Art Foundation Inc generated $68.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $73.4k during the year ending 09/2023. While expenses have increased by 1.7% per year over the past 4 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
2023
Describe the Organization's Program Activity:
Part 3
0
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
June Rose Gallery Manager | 32 | $24,012 | |
Andie Elwell Board President | 5 | $0 | |
Ann Hedgcock Secretary | 2 | $2 | |
John Butke Treasurer | 5 | $0 | |
Bruce Burnham Chair Of Photo Show | 2 | $0 | |
Wendy Bellows Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,051 |
| Total Program Service Revenue | $12,685 |
| Membership dues | $17,744 |
| Investment income | $27 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $68,216 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $31,119 |
| Professional fees and other payments to independent contractors | $1,195 |
| Occupancy, rent, utilities, and maintenance | $23,002 |
| Printing, publications, postage, and shipping | $4,225 |
| Other expenses | $9,716 |
| Total expenses | $73,402 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43,720 |
| Other assets | $0 |
| Total assets | $43,720 |
| Total liabilities | $0 |
| Net assets or fund balances | $43,720 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Wright Museum Of World War Ii Wolfeboro, NH | $5,369,611 | $453,597 |
Exeter Area New Car Dealers Association Exeter, NH | $118,240 | $221,716 |
Shutterbugs 4 Charity Saco, ME | $97,352 | $0 |
Boothbay Region Art Foundation Inc Boothbay Harbor, ME | $43,720 | $0 |
Little Harbor Chapel-Trust U/W Arthur A Carey Art 13 Portsmouth, NH | $557,581 | $20,746 |
Dancers At Heart Concord, NH | $20,513 | $0 |
Jean Noble Neal Trust U W Bedford, NH | $506,959 | $14,545 |
Brian And Carolyn Clement Family Foundation Cumberland Foreside, ME | $826,853 | $73,586 |
Meadowbrook Performing Arts Charitable Foundation Inc Gilford, NH | $0 | $0 |
Tr U-Art 7 Owo Mary A Falvey Bo Hawthorne House & Ecumenical Ctr H Portland, ME | $678,085 | $19,380 |
Keeping Inspiration Dynamic Inc Seabrook, NH | $293 | $0 |