Eighth Maine Regiment Memorial Association is located in Peaks Island, 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. Eighth Maine Regiment Memorial Association 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 05/2023, Eighth Maine Regiment Memorial Association generated $193.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 19.2% each year . All expenses for the organization totaled $81.8k during the year ending 05/2023. While expenses have increased by 11.6% per year over the past 3 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 ASSOCIATION CONDUCTS TOURS, HOSTS EVENTS, AND PROVIDESGUEST ACCOMODATIONS WHICH RAISES MONEY TO PUBLICIZE ANDPRESERVE THE REAL AND PERSONAL PROPERTY OF THE REGIMENT.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jesse Williams President | 10 | $0 | |
Trevor Adams Vice President | 2 | $0 | |
Sarah Williams Secretary | 2 | $0 | |
David Knapp Treasurer | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $192,454 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,015 |
| Investment income | $100 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $193,569 |
| 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 | $33,299 |
| Occupancy, rent, utilities, and maintenance | $16,876 |
| Printing, publications, postage, and shipping | $224 |
| Other expenses | $31,370 |
| Total expenses | $81,769 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $314,386 |
| Other assets | $0 |
| Total assets | $355,608 |
| Total liabilities | $69,027 |
| Net assets or fund balances | $286,581 |