Friends Of L C Bates Museum is located in Hinckley, ME. The organization was established in 2009. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, 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. Friends Of L C Bates 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 09/2023, Friends Of L C Bates Museum generated $130.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $64.8k during the year ending 09/2023. While expenses have increased by 2.1% per year over the past 6 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
THE PURPOSE SHALL BE TO FOSTER AND INCREASE KNOWLEDGE AND APPRECIATION OF THE CULTURE, NATURAL HISTORY, AND AGRICULTURAL HISTORY AVAILABLE OT THE PUBLIC AND SCHOLARS IN COLLECTIONS, EXHIBITS, AND ARCHIVES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Claude Francke President | 4 | $0 | |
Paula Work Vice Preside | 4 | $0 | |
Lisa Grady Treasurer | 4 | $0 | |
Scott Foster Director | 2 | $0 | |
Robert Sezak Director | 2 | $0 | |
Robert Marden Director | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $129,691 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $565 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $130,256 |
| 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 | $725 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $64,057 |
| Total expenses | $64,782 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $154,627 |
| Other assets | $0 |
| Total assets | $154,627 |
| Total liabilities | $0 |
| Net assets or fund balances | $154,627 |
| Organization Name | Assets | Revenue |
|---|---|---|
Farnsworth Real Estate Inc Rockland, ME | $0 | $130,499 |
The Opera House At Boothbay Harbor Boothbay Harbor, ME | $2,905,426 | $513,493 |
Cca North Corp Concord, NH | $3,870,177 | $126,000 |
Majestic Theatre Manchester, NH | $160,782 | $260,813 |
Harbor Theater Boothbay, ME | $409,540 | $296,072 |
Wilhelm Reich Infant Trust Rangeley, ME | $844,778 | $243,804 |
Daponte String Quartet Foundation Freeport, ME | $321,644 | $239,922 |
Rangeley Friends Of The Performing Arts Inc Rangeley, ME | $1,421,117 | $285,608 |
Old Fort Western Fund Augusta, ME | $403,810 | $0 |
Pejepscot Endowment Trust Brunswick, ME | $1,275,599 | $53,453 |
Friends Of L C Bates Museum Hinckley, ME | $154,627 | $0 |
Friends Of Colonial Pemaquid New Harbor, ME | $258,962 | $0 |
Friends Of The Libby Museum Inc Wolfeboro, NH | $521,480 | $92,840 |
Company G Memorial Charitable Tr Winslow, ME | $359,041 | $3,600 |
England Educational Initiative Concord, NH | $458,138 | $0 |
Friends Of Isle Au Haut Lighthouse Isle Au Haut, ME | $44,677 | $0 |