Overview
What is Patten Lumbermen's Museum Inc?
Patten Lumbermen's Museum Inc, located in Maine, serves as a vital repository of the state's logging history. Its primary objective is to educate the public about the heritage and achievements of early Maine inhabitants involved in logging. By preserving these historical artifacts and advancements, the museum highlights the early mechanization of logging, with notable examples such as the Lombard steam hauler. The museum's collection offers a valuable window into Maine's past, providing insights into the significant role logging played in the state's development.
Official website here: www.lumbermenmuseum.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57%, One-Star out of Four Star rating.
Patten Lumbermen's Museum Inc has received a low rating of 57%, indicating significant concerns regarding its financial health and accountability. While the organization boasts a fully independent board and adheres to several best practices, such as having a conflict of interest policy and maintaining accurate records, there are critical issues that have impacted its overall score.
One major concern is the nonprofit's program expense ratio, which stands at only 41.67%. This suggests that a significant portion of its resources may not be directed toward its intended programs. Additionally, the museum has a liabilities to assets ratio of 0.00%, which raises questions about its financial sustainability and overall fiscal management.
Despite these challenges, it is worth noting that Patten Lumbermen's Museum Inc maintains transparency in other areas, including board meeting minutes and the listing of its website on tax forms. However, the absence of the tax form on the nonprofit's website is a notable limitation in transparency efforts. Overall, while there are strengths in governance, the organization needs to address its financial strategies to improve its rating.
This AI summary has been generated from information found on Charity Navigator.
Is Patten Lumbermen's Museum Inc legitimate?
Patten Lumbermen's Museum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Patten Lumbermen's Museum Inc 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: $28,168
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.lumbermenmuseum.org
What is the mission statement of Patten Lumbermen's Museum Inc?
The Patten Lumbermen's Museum Inc is dedicated to educating individuals about the logging history of Maine. It achieves this by preserving the logging heritage and accomplishments of the early inhabitants of the state. The museum serves as a repository for some of Maine's significant contributions to the early mechanization of logging, such as the Lombard Steam Hauler. Through its efforts, the museum aims to increase understanding and appreciation of Maine's rich logging past. The museum's activities not only provide historical insights but also contribute to the preservation of an essential aspect of Maine's cultural heritage.
Official website here: www.lumbermenmuseum.org
Who is the CEO of Patten Lumbermen's Museum Inc?
Frank Rogers is the President of Patten Lumbermen's Museum Inc.
Official website here: www.lumbermenmuseum.org
What is the revenue of Patten Lumbermen's Museum Inc?
Patten Lumbermen's Museum Inc's revenue in 2022 was $66,886.
Official website here: www.lumbermenmuseum.org
Who are the executives of Patten Lumbermen's Museum Inc and what are their salaries?
The average compensation at Patten Lumbermen's Museum Inc during 2022 was $5,634. There are 5 employees and 35 volunteers at Patten Lumbermen's Museum Inc.
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Official website here: www.lumbermenmuseum.org
Where can I find the form 990 for Patten Lumbermen's Museum Inc?
Patten Lumbermen's Museum Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lumbermenmuseum.org
Learn more at the official website: www.lumbermenmuseum.org
Mission Statement of Patten Lumbermen's Museum Inc
Patten Lumbermen's Museum Inc is dedicated to enlightening individuals about the rich logging history of Maine. The museum's mission revolves around preserving the legacy and achievements of the early settlers of the state in the logging industry. One of the museum's significant contributions is its preservation of Maine's notable accomplishments in the early mechanization of logging, showcasing artifacts such as the Lombard steam hauler. By documenting and protecting this history, Patten Lumbermen's Museum Inc aims to provide a valuable resource for those interested in learning about the state's past and the role of logging in shaping its development.
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Impact
August, 2024
Patten Lumbermen's Museum Inc has a significant impact on educating people about Maine's logging history by preserving the logging heritage and accomplishments of the early inhabitants of the state. The museum serves as a documentation of Maine's logging history, showcasing the innovative contributions made by early loggers. It houses some of Maine's most notable advancements in the mechanization of logging, such as the Lombard Steam Hauler. By preserving and sharing this history, the museum helps to ensure that the legacy of Maine's logging industry is not forgotten.
This information is meant to be a general summary of Patten Lumbermen's Museum Inc. 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: $109
- Gross Receipts: $72,169
Assets and Liabilities:
- Total Assets: $599,469
- Total Liabilities: $0
- Net Assets: $599,469
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Organization Details
Founding Year
1962
Phone
(207) 528-2650Principal Officer
Frank Rogers
Main Address
PO BOX 300, PATTEN, ME, 04765
Website
www.lumbermenmuseum.orgNTEE Category
Code: A50 - Arts
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