Operating Financial Highlights
Where do your generous contributions to MCHT go?
Thank you for your interest in Maine Coast Heritage Trust. Listed below is a summary of our 2010 financial results. Our entire 2010 Financial Statement is also available (PDF) Also available is MCHT's most recent 990 form (PDF).
| Program Revenues | 2010 Actual |
|---|---|
| Contributions & Grants (12%) | $1,413,715 |
| Donated Land (17%) | 2,025,000 |
| Interest & Dividend Income (<1%) | 11,439 |
| Other Revenue (9%) | 1,111,540 |
| Net Assets Released from Restriction (62%) | 7,596,585 |
| Revenue Totals | $12,158,279 |
| Program Function Expenditures | |
| Land Protection (67%) | $5,091,596 |
| Stewardship (13%) | 951,124 |
| Administration (9%) | 707,519 |
| Fundraising (7%) | 533,319 |
| Public Education and Outreach (4%) | 340,745 |
| Program Totals | $7,624,303 |
Notes on Financial Information:
Maine Coast Heritage Trust is a nonprofit, tax-exempt corporation under section 501(c)(3) of the Internal Revenue Code, a publicly supported organization as defined in Section 170(b)(1)(A)(vi) and not a private foundation under Section 509(a). Contributions are tax-deductible I.R.S. #23-7099105
Audited Financial statements and opinion letter for 2010 were prepared by Berry, Dunn, McNeil & Parker, CPAs, Bangor, Maine.
