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Financials

Where do your generous contributions to MCHT go?

Operating Financial Highlights

Thank you for your interest in Maine Coast Heritage Trust. Listed below is a summary of our 2018 operating financial results. Here are links to our 2018 Audited Financial Statements (PDF) and2017 Form 990 (PDF). The 2018 Form 990 will be available upon issuance in November 2019.

  2018 Actual
Program Revenue and Support:  
Contributions:
  Unrestricted (40%) $3,035,838
  Restricted (19%) $1,427,313
Investments (35%) $2,633,913
Other Revenue (6%) $418,251
Total Program Revenue and Support $7,515,315
 
Program Function Expenditures:
Land Protection and Stewardship (64%) $4,807,970
Administration (10%) $745,590
Fundraising (19%) $1,407,502
Public Education and Outreach (7%) $539,937
Total Program Function Expenditures $7,500,999

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 IRS TIN #23-7099105.

The audited financial statements and independent auditors’ report for 2018 were prepared by Berry Dunn, CPAs, Bangor, Maine.

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