Maine Preservation in Yarmouth, Maine (ME)

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Maine Preservation
Employer Identification Number (EIN)010319524
Name of OrganizationMaine Preservation
Address233 W Main St, Yarmouth, ME 04096-8403
ActivitiesOther cultural or historical activities
SubsectionEducational Organization
Ruling Date06/1976
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period09/2012
Assets$500,000 to $999,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$858,967
Amount of Income$158,756
Form 990 Revenue Amount$143,621
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities:


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Amount of income in 2012: $158,756 (it was $291,389 in 2011)
This organization: 

 $158,756
Other organizations performing similar types of work: 

 $162,109

Assets in 2012: $858,967 (it was $942,716 in 2011)
This organization: 

 $858,967
Other organizations performing similar types of work: 

 $609,912

Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$291,389
Contributions, Gifts, Grants and Other Similar Amounts$266,262
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$7,624
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net loss from fundraising events$-7,737
Gross income from fundraising events$4,620
Less: direct expenses$12,357
Net income from gaming activities$0
Net income from sales of inventory$1,280
Gross sales of inventory, less returns and allowances$2,586
Less: cost of goods sold$1,306
Miscellaneous Revenue$23,960
Statement of Functional Expenses (for 2011)
Total functional expenses$284,708
Compensation of current officers, directors, trustees, and key employees$115,472
Other salaries and wages$58,196
Payroll taxes$13,040
Professional fundraising services$0
Other$98,000
Balance Sheet (for 2011)
Total assets$942,716
Total liabilities$11,109
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$11,109
Total net assets or fund balances$931,607
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Support Schedule for Organizations Described in Section 509(a)(2) (for 2011)
2007 - 2011 Total
Total support$2,006,652
Gifts, grants, contributions, and membership fees received$1,894,562
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$66,363
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$45,727
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Historic Richmond Foundation-The William Byrd Branch Of Apva Preser4 East Main Street, Richmond, VA 23219-2132VA1958-10$3,909,041
2Mountains Restoration Trust3815 Old Topanga Canyon Rd, Calabasas, CA 91302-1854CA1982-02$3,597,412
3Fund For Endowment Of Diplomatic Reception Rooms Of Dept Of State7501 Wisconsin Ave Ste 1103, Bethesda, MD 20814-6515MD1983-05$3,027,815
4Historic House Trust Of New York City IncThe Arsenal Room 203, New York, NY 10065NY1991-04$1,273,714
5Railroad Heritage IncPO BOX 8792, Topeka, KS 66608-0792KS1990-07$964,736
6Blair House Restoration FundPO BOX 27208, Washington, DC 20038-7208DC1985-07$924,982
7Greater Portland Landmarks Inc93 High St, Portland, ME 04101-3811ME1967-05$871,235
8Historic Beaufort FoundationPO BOX 11, Beaufort, SC 29901-0011SC1969-01$722,901
9Soledad Community Mission Fiesta IncPO BOX 515, Soledad, CA 93960-0515CA1969-03$530,571
10Wichita County Heritage Society Inc900 Bluff St, Wichita Falls, TX 76301-3203TX1980-03$391,829
11Maine Historical Society489 Congress St Ste 2, Portland, ME 04101-3415ME1938-04$4,585,292
12Hancock County Trustees Of Public ReservationsPO BOX 1478, Ellsworth, ME 04605-1478ME1949-12$957,021
13Castine Historical Society IncPO BOX 238, Castine, ME 04421-0238ME1993-03$920,692
14Kennebunkport Historical SocietyPO BOX 1173, Kennebunkport, ME 04046-1173ME1957-03$256,162
15Maine Preservation233 W Main St, Yarmouth, ME 04096-8403ME1976-06$158,756
16Nordica Memorial Association Inc116 Nordica Lane, Farmington, ME 04938ME1952-12$96,139
17Lincoln County Historical AssociationPO BOX 61, Wiscasset, ME 04578-0061ME1955-07$51,283
18Historical Society Of Wells And Ogunquit IncPO BOX 801, Wells, ME 04090-0801ME1981-05$46,921
19Corinna Historical Society108 Bates St, Pittsfield, ME 04967-4121ME1996-05$24,188
20Friends Of Pearys Eagle Island LtdPO BOX 70, Bailey Island, ME 04003-0070ME1997-10$17,976
Number of organizations performing similar types of work
Alaska7
Alabama21
Arkansas16
Arizona15
California125
Colorado24
Connecticut31
District of Columbia14
Delaware5
Florida54
Georgia42
Hawaii10
Iowa23
Idaho3
Illinois55
Indiana45
Kansas27
Kentucky26
Louisiana18
Massachusetts74
Maryland45
Maine28
Michigan39
Minnesota41
Missouri43
Mississippi13
Montana6
North Carolina48
North Dakota6
Nebraska13
New Hampshire13
New Jersey55
New Mexico5
Nevada1
New York149
Ohio69
Oklahoma16
Oregon30
Pennsylvania115
Rhode Island18
South Carolina14
South Dakota6
Tennessee27
Texas61
Utah7
Virginia64
Vermont13
Washington30
Wisconsin32
West Virginia17
Wyoming5
Total1,664

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