Harbor Theater FY2023 filing

Tax-deductible

Boothbay Harbor, ME501(c)(3)Arts & CultureEIN 01-0883150Revenue $296K in FY2023

On file with the IRSboothbaycinema.org185 Townsend Ave, 04538-1894 · Boothbay Harbor, METax-exempt since Jun 2008Publicly supported — 509(a)(2)

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Promotion of film and education of the film industry

501(c)(3) charity; gifts are tax-deductible.
72¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 3
filings with a surplus
Average surplus $18K a year · 7% of revenue · last 3 filings
Looks good: a surplus in 3 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
72%
of spending
Fine: 72% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
14 mo
of spending, in cash
Looks good: 13.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $24K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$296K
+27% vs prior year
Spent
$264K
To programs
72%
Net assets
$410K
By yearFY2020–FY2024
Revenue
$296K
FY2023▲ +27%
Tap a bar for its year
Revenue by fiscal year
FY2020$157K
FY2021$177K
FY2022$232K
FY2023$296K
FY2024$251K
Expenses
$264K
FY2023▲ +22%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021Not on file
FY2022$217K
FY2023$264K
FY2024$244K
Net assets
$410K
FY2023▲ +10%
Tap a bar for its year
Net assets by fiscal year
FY2020$212K
FY2021$261K
FY2022$371K
FY2023$410K
FY2024$502K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2008.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

72 cents of each dollar spent went to programs.

Program services 72% · $191K Management & general 28% · $74K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

12 people listed on the 990.

Part VII, Section A · reportable compensation
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Executive Dir.
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
See Harbor Theater executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Promotes film and educates people about the film industry.

Questions for Harbor Theater

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Provided by the organization

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1 program · $191K · in their own filed words · FY2023
01

Education through lectures, seminars, film etc. and promotion of local independant film producers

$191Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 5 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$296K
Ln 12
Gifts and grantsLn 1h$164K
Fees for servicesLn 2g$132K
Money outPt IX
$264K
Ln 25
Programscol B$191K
Managementcol C$74K
Owns and owesPt X
$410K
net assets · Ln 32
Cash and savingsLn 1–2$301K
Total assetsLn 16$410K
LiabilitiesLn 26$0
PeoplePt VI, VII
12
listed · VII A
PaidVII A0
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$164K
Fees for servicesLn 2g$132K
Gains on assetsLn 7$0
Total revenueLn 12$296K
Assets in detailPt X, end of year
CashLn 1$301K
SavingsLn 2$0
Cash and savings togetherLn 1–2$301K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$109K
Other assetsLn 15$0
Total assetsLn 16$410K
LiabilitiesLn 26$0
Net assetsLn 32$410K
OperationsPt I, VI
EmployeesI 518
VolunteersI 620
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$247K$301K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$125K$109K
Total assetsLn 16$371K$410K
LiabilitiesLn 26$0$0
Net assetsLn 32$371K$410K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$86K$86K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$6K$6K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$1K$1K
Advertising and promotionLn 12$9K$9K
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$36K$36K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$16K$16K
InsuranceLn 23$5K$5K
Other expenses (24a–d)Ln 24$82K$82K
All other expensesLn 24e$21K$5K$16K
Total functional expensesLn 25$264K$191K$74K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $251K$244K$7K$502K 990 PDF
FY2023 Viewing $296K$264K$32K$410K 990 PDF
FY2022 $232K$217K$15K$371K 990 PDF
FY2021 $177K$261K 990 PDF
FY2020 $157K$212K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $296,072 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $166,691$163,905
I-9 Program service revenuePrior year $65,548$132,167
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $232,239$296,072
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $71,878$92,839
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $145,119$171,461
I-18 Total expensesPrior year $216,997$264,300
I-19 Revenue less expensesPrior year $15,242$31,772
Part VI · Governance 12 of 12 board members independent, 2 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
Part VIII · Statement of revenue $296,072 across 10 lines filed
VIII-1b Membership dues$20,030
VIII-1f All other contributions, gifts and grants$143,875
VIII-1h Total contributions, gifts and grants$163,905
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $132,167$132,167
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueUnrelated business $132,167$296,072
Part IX · Statement of functional expenses $264,300 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $86,375$86,375
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $6,464$6,464
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $1,414$1,414
IX-12 Advertising and promotionPrograms $9,053$9,053
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyManagement $36,018$36,018
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationManagement $16,397$16,397
IX-23 InsuranceManagement $5,138$5,138
IX-24 Other expenses (24a–d)Programs $82,376$82,376
IX-24e All other expensesPrograms $4,977 · Management $16,088$21,065
IX-25 Total functional expensesPrograms $190,659 · Management $73,641 · Fundraising $0$264,300
Part X · Balance sheet $409,540 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $246,563$301,037
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $124,900$108,503
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $371,463$409,540
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $371,463$409,540
X-32 Total net assets or fund balancesStart of year $371,463$409,540
X-33 Total liabilities and net assetsStart of year $371,463$409,540
Part XI · Reconciliation of net assets $409,540 net assets at year end
XI-1 Total revenue$296,072
XI-2 Total expenses$264,300
XI-3 Revenue less expenses$31,772
XI-4 Net assets at start of year$371,463
XI-10 Net assets at end of year$409,540

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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