Overview
What is Maine Historical Society?
The Maine Historical Society, located at 489 Congress Street, Portland, ME 04101, is a vital nonprofit organization dedicated to preserving and educating the public about the rich history of Maine. Its mission involves safeguarding the heritage and stories of Maine people, communities, and its role in a changing world. The society collects, conserves, and displays historical artifacts, facilitates research into family, local, state, and national history, offers engaging educational programs, and encourages others to preserve and interpret their community's history. With a team of 34 dedicated individuals, the Maine Historical Society is a crucial resource for anyone seeking to understand and appreciate Maine's past, contributing to a healthier and progressing society.
Official website here: www.mainehistory.org
What are the reviews and ratings of this charity?
90% Rating from Charity Navigator
The Maine Historical Society has received a commendable Four-Star out of Four Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. With a high score of 90%, the organization demonstrates solid financial practices and an independent governance structure, featuring an entirely independent board. This transparency and oversight are underscored by a robust conflict of interest policy and a dedicated audit and oversight committee.
The organization excels particularly in leadership and adaptability, scoring a perfect 100% in this area. Their strategic goals indicate a proactive approach to growth, aiming to enhance audience engagement, increase revenue, and expand their operating budget significantly. Moreover, their investment in leadership development further showcases their commitment to sustainability and effective management.
However, while their program expense ratio is reasonable at 64.39%, it indicates room for improvement in how much of their budget is directly spent on programs versus administrative costs. Overall, the Maine Historical Society is positioned well for future growth and continues to serve its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Maine Historical Society legitimate?
Maine Historical Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maine Historical Society submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $95,706
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,006,584
For more financial information, click here
Official website here: www.mainehistory.org
What is the mission statement of Maine Historical Society?
The Maine Historical Society's mission is centered around preserving and educating about the history of Maine. They aim to safeguard the heritage and stories of Maine's people, communities, and its place in the ever-evolving world. Recognizing the importance of understanding the past for a progressive society, they collect, maintain, and display historical artifacts. They also facilitate research into various historical aspects, from family history to national events. The organization provides educational programs that make history engaging, accessible, and enjoyable, empowering others to preserve and interpret their community's history as well.
Official website here: www.mainehistory.org
Who is the CEO of Maine Historical Society?
Stephen Bromage is the Chair of Maine Historical Society.
Official website here: www.mainehistory.org
What is the revenue of Maine Historical Society?
Maine Historical Society's revenue in 2022 was $6,918,166.
Official website here: www.mainehistory.org
Who are the executives of Maine Historical Society and what are their salaries?
The average compensation at Maine Historical Society during 2022 was $32,420. There are 34 employees and 1322 volunteers at Maine Historical Society.
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- Compensation: $95,706
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- Other: $8,667
Official website here: www.mainehistory.org
Where can I find the form 990 for Maine Historical Society?
Maine Historical Society's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mainehistory.org
Learn more at the official website: www.mainehistory.org
Mission Statement of Maine Historical Society
The Maine Historical Society, a renowned organization, is dedicated to preserving and educating the public about the history of Maine. Its mission is multifaceted, encompassing the preservation of the state's heritage and history. This includes the stories of Maine's people, the traditions of its communities, and the record of its place in a changing world. The society understands the importance of understanding the past in fostering a healthy and progressive society.
To achieve this mission, the Maine Historical Society collects, cares for, and exhibits historical treasures. These artifacts serve as tangible reminders of the state's past, providing a tangible connection to its history. Additionally, the society facilitates research into family, local, state, and national history. This encourages individuals to delve deeper into their own lineages and the history of their communities.
The Maine Historical Society also provides education programs that make history engaging, accessible, and enjoyable. By doing so, it ensures that the stories of Maine's past are not only preserved but also shared and understood by a wide audience. Furthermore, the society empowers others to preserve and interpret the history of their own communities, encouraging a sense of local pride and ownership.
In essence, the Maine Historical Society is a vital pillar in the preservation and interpretation of Maine's history. Its mission is to ensure that the stories of Maine's past are not only preserved but also shared, understood, and celebrated by the present and future generations.
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Impact
July, 2024
Maine Historical Society plays a crucial role in preserving and teaching the history of Maine. By operating and maintaining a historical research library and incorporating its website into all major programs, the society ensures that the stories of Maine people, the traditions of Maine communities, and the record of Maine's place in a changing world are preserved and shared. Their mission to collect, care for, and exhibit historical treasures, facilitate research, provide education programs, and empower others to preserve and interpret history contributes to a healthy and progressive society. Through these efforts, Maine Historical Society has a significant impact on keeping the heritage and history of Maine alive and accessible.
This information is meant to be a general summary of Maine Historical Society. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $727,526
- Program Service Revenue: $189,823
- Gross Receipts: $12,128,473
Assets and Liabilities:
- Total Assets: $15,181,024
- Total Liabilities: $1,806,213
- Net Assets: $13,374,811
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSE & MUSEUM ADMISSIO
Revenue
$75,137
GIFT SHOP SALES
Revenue
$67,280
PROGRAM SERVICES
Revenue
$34,185
OTHER PROGRAM SERVICES
Revenue
$13,221
Organization Details
Founding Year
1822
Phone
(207) 774-1822Principal Officer
Stephen Bromage
Main Address
489 CONGRESS STREET, PORTLAND, ME, 04101
Website
www.mainehistory.orgNTEE Category
Code: A82Z - Arts
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