Boothbay Sea And Science Center
- Assets
- $1.8m
- Revenue
- $517.1k
- Investments
- $0.0
- Employees
- 15
- Location
- East Boothbay, ME
- Founding
- 03/2014
- Data as of
- 12/2023
- EIN
- 45-5504690
Organization Overview
Boothbay Sea And Science Center is located in East Boothbay, ME. The organization was established in 2014. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2023, Boothbay Sea And Science Center employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boothbay Sea And Science Center 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 12/2023, Boothbay Sea And Science Center generated $517.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.9% each year . All expenses for the organization totaled $404.4k during the year ending 12/2023. While expenses have increased by 19.5% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
BOOTHBAY SEA AND SCIENCE CENTER'S MISSION IS THE ADVANCEMENT OF SAILING, BOATING AND OCEAN SCIENCES AND TO FURTHER DEVELOP INDEPENDENCE, SELF- CONFIDENCE, TEAMWORK AND VOLUNTEERISM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR 12 SUMMERS BOOTHBAY SEA AND SCIENCE CENTER (BSSC) HAS BEEN PUTTING KIDS IN BOATS AND BUILDING A PROGRAM THAT TEACHES THEM, FIRST-HAND, ABOUT THE SEA. LINEKIN BAY AND ITS SHORELINE ARE ITS CLASSROOMS. BY TOUCHING, SEEING AND DOING, KIDS LEARN ABOUT WIND AND SAIL TRIM, TIDES AND CURRENTS, THE WIDE VARIETY OF MARINE ORGANISMS THAT MAKE THE BAY THEIR HOME, AND THE IMPORTANCE OF GOOD STEWARDSHIP OF SHORELINE RESOURCES. BSSC CONTINUES TO DEVELOP PROGRAMS THAT EMBRACE BOATING, SAILING, AND OCEAN SCIENCE ACTIVITIES, INCLUDING SUMMER PROGRAMS AT THEIR LINEKIN BAY CAMPUS AT 12 CARTER RD IN EAST BOOTHBAY, MAINE AND IN 16 SCHOOLS IN 8 MAINE COUNTIES. THROUGH THESE PROGRAMS BSSC INSTILLS IN YOUNGSTERS NOT ONLY A DEEPER UNDERSTANDING OF THE OCEAN ON WHICH THEY SAIL, BUT ALSO HOW TO SAFELY ENJOY, RESPECT, AND PROTECT MAINE'S MAGNIFICENT AND NATURALLY BEAUTIFUL SEA AND LAND SO THAT THEY REMAIN HEALTHY PLACES TO LIVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pauline Dion President | OfficerTrustee | 40 | $6,600 |
Eric Graves Vice Preside | OfficerTrustee | 1 | $0 |
John French Co-Treasurer | OfficerTrustee | 1 | $0 |
Nicole Poulton Director | Trustee | 1 | $0 |
Edward Roberts Director | Trustee | 1 | $0 |
Russell Sirois Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $33,180 |
| All other contributions, gifts, grants, and similar amounts not included above | $409,585 |
| Noncash contributions included in lines 1a–1f | $16,661 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $442,765 |
| Total Program Service Revenue | $101,497 |
| Investment income | $224 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$27,426 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $517,060 |
| 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. | $6,600 |
| Compensation of current officers, directors, key employees. | $2,178 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $143,742 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,501 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,047 |
| Fees for services: Accounting | $6,110 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,977 |
| Advertising and promotion | $10,829 |
| Office expenses | $5,456 |
| Information technology | $4,217 |
| Royalties | $0 |
| Occupancy | $63,996 |
| Travel | $2,263 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $68,734 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,554 |
| Insurance | $17,484 |
| All other expenses | $6,537 |
| Total functional expenses | $404,425 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $260,127 |
| Savings and temporary cash investments | $143,177 |
| 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 | $1,341,982 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $40,265 |
| Total assets | $1,785,551 |
| 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 | $960,000 |
| Unsecured mortgages and notes payable | $83,128 |
| Other liabilities | $0 |
| Total liabilities | $1,043,128 |
| Net assets without donor restrictions | $682,713 |
| Net assets with donor restrictions | $59,710 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,785,551 |