Raitt Homestead Farm Museum in Eliot, Maine (ME)
Table of contents:
| Raitt Homestead Farm Museum | |
| Employer Identification Number (EIN) | 010516323 |
| Name of Organization | Raitt Homestead Farm Museum |
| Address | 2077 State Rd, Eliot, ME 03903-3126 |
| Subsection | Educational Organization |
| Ruling Date | 05/1999 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $401,630 |
| Amount of Income | $63,751 |
| Form 990 Revenue Amount | $46,891 |
| National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: Museum, Museum Activities |
Non-representatives - add comments:
Amount of income in 2013: $63,751 (it was $82,931 in 2012)
| Raitt Homestead Farm Museum: | $63,751 |
| Other organizations performing similar types of work: | $69,335 |
Assets in 2013: $401,630 (it was $407,205 in 2012)
| This organization: | $401,630 |
| Other organizations performing similar types of work: | $145,105 |
Expenses in 2013: $55,101
| Raitt Homestead Farm Museum: | $55,101 |
| Other organizations performing similar types of work: | $47,186 |
Income to expenses ratio in 2013: 1.2
| Raitt Homestead Farm Museum: | 1.2 |
| Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2013: 22.0%
| This organization: | 22.0% |
| Other organizations performing similar types of work: | 26.3% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $57,850 | $50,685 | $46,891 |
| Contributions, gifts, grants, and similar amounts received | $10,073 | $8,161 | $10,317 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $655 | $637 | $1,082 |
| Investment income | $25 | $10 | $4 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $-267 |
| Gross amount from sale of assets other than inventory | $0 | $0 | $0 |
| Less: cost or other basis and sales expenses | $0 | $0 | $267 |
| Net income/loss from gaming and fundraising events | $46,215 | $41,582 | $30,368 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $81,205 | $73,828 | $46,961 |
| Less: direct expenses from gaming and fundraising events | $34,990 | $32,246 | $16,593 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $882 | $295 | $5,387 |
| Total expenses | $59,852 | $66,089 | $55,101 |
| Total net assets | $350,032 | $334,628 | $326,418 |
| Excess/Deficit for the year | $-2,002 | $-15,404 | $-8,210 |
| Net assets or fund balances at beginning of year | $352,034 | $350,032 | $334,628 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $334,628 | $326,418 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $426,902 | $407,205 | $401,630 |
| Total liabilities | $76,870 | $72,577 | $75,212 |
| Net assets or fund balances | $350,032 | $334,628 | $326,418 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | No | |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No | |
| Total amount involved | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| Reason for Public Charity Status (for 2013) | |
| 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 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $412,570 |
| Subtotal | $412,570 |
| Gifts, grants, contributions, and membership fees received | $49,701 |
| 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 | $362,869 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| 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 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $412,731 |
| Public support | $412,570 |
| Subtotal | $161 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $161 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Trust For African Rock Arts | 77 W Wacker Dr, Chicago, IL 60601-1604 | IL | 2001-09 | $595,502 |
| 2 | Maine Mineral & Gem Museum | PO BOX 500, Bethel, ME 04217-0500 | ME | 2014-03 | $6,848,062 |
| 3 | Maine Jewish Museum | 267 Congress St, Portland, ME 04101-3692 | ME | 2009-07 | $339,942 |
| 4 | Rufus Porter Museum Inc, Cultural Heritage Center | PO BOX 544, Bridgton, ME 04009-0544 | ME | 2006-09 | $233,074 |
| 5 | Maine Project For Fine Art Conservation | 142 High St Ste 420, Portland, ME 04101-2840 | ME | 2011-01 | $141,734 |
| 6 | Tate House Museum | 1267 Westbrook St, Portland, ME 04102-1934 | ME | 2004-12 | $77,788 |
| 7 | Ski Museum Of Maine | PO BOX 359, Kingfield, ME 04947-0359 | ME | 1995-06 | $63,886 |
| 8 | Maine Basketball Hall Of Fame | 40 Harlow St, Bangor, ME 04401-5102 | ME | 2014-12 | $48,976 |
| 9 | Matthews Museum Of Maine Heritage | PO BOX 582, Union, ME 04862-0582 | ME | 2002-03 | $38,388 |
| 10 | Southern Aroostook Agricultural Museum | 1678 Us Hwy 1, Littleton, ME 04730-6114 | ME | 2002-04 | $37,485 |
| 11 | Patten Lumbermens Museum Inc | PO BOX 300, Patten, ME 04765 | ME | 2014-07 | $33,877 |
| 12 | Lost Fishermens Memorial Association | PO BOX 194, Lubec, ME 04652-0194 | ME | 2011-03 | $23,215 |
| 13 | Western Maine Paper & Heritage Museum | Po Box 293, Jay, ME 04239 | ME | 2004-09 | $4,470 |
| 14 | Biddeford Mills Museum | 2 Main Street Suite 17-301g, Biddeford, ME 04005 | ME | 2012-07 | $0 |
| 15 | Brunswick Naval Museum And Memorial Gardens | Bo Box 943, Brunswick, ME 04011 | ME | 2010-08 | $0 |
| 16 | City Point Central Railroad Museum | 13 Oak Hill Rd, Belfast, ME 04915 | ME | 2001-01 | $0 |
| 17 | Friends Of Fort Gorges | 75 Pearl St, Portland, ME 04101-4101 | ME | 2000-06 | $0 |
| 18 | Guilford Historical Society | P O Box 893, Guilford, ME 04443 | ME | 1993-11 | $0 |
| 19 | Lincoln Historical Society I | 9 Railroad Street, Lincoln, ME 04457 | ME | 1993-02 | $0 |
| 20 | Linwood D Dyer Foundation, Linwood D Dyer Ttee | 23 U S Hwy Rt 1, Scarborough, ME 04074 | ME | 2008-04 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 2,844 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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