Financials
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 2020 operating financial results. Here are the links to our 2019 Audited Financial Statements (PDF) and 2019 Form 990 (PDF). Our 2020 Audited Financial Statements and Form 990 will be available during August and November 2021 respectively.
| 2020 Actuals $ in Thousands |
||
| Program Revenue and Support: | ||
| Contributions: | ||
| Unrestricted (31%) | $2,587 | |
| Restricted (24%) | $2,022 | |
| Investments (39%) | $3.201 | |
| Other Revenue (6%) | $492 | |
| Total Program Revenue and Support | $8,302 | |
| Program Function Expenditures: | ||
| Land Protection and Stewardship (71%) | $5,526 | |
| Administration (11%) | $839 | |
| Fundraising (13%) | $1,046 | |
| Public Education and Outreach (5%) | $401 | |
| Total Program Function Expenditures | $7,812 | |
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 2019 were prepared by Berry Dunn, CPAs.