Maine Natural History Observatory

Analysis

Maine Natural History Observatory is a registered charity in United States, based in Gouldsboro, ME. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Maine Natural History Observatory reported income of $198k and spending of $199k, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $166k to $198k (+20%), an average of +6.2% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Maine Natural History Observatory sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 47th percentile within ME. Charities of a similar size with the same main cause include Camron Stanford House Preservation ($198k), Fort Totten Little Theatre Company ($198k) and Wellity Education ($198k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $36k (18% of expenses). Other salaries and wages came to $67k. At year end it held assets of $47k against liabilities of $9,298, net assets of $37k. It reported 5 employees.