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 2019 operating financial results. Here are the links to our 2019 Audited Financial Statements (PDF) and 2019 Form 990 (PDF).
| 2019 Actuals $ in Thousands | ||
| Program Revenue and Support: | ||
| Contributions: | ||
| Unrestricted (39%) | $3,117 | |
| Restricted (18%) | $1,482 | |
| Investments (36%) | $2,894 | |
| Other Revenue (7%) | $599 | |
| Total Program Revenue and Support | $8,092 | |
| Program Function Expenditures: | ||
| Land Protection and Stewardship (65%) | $5,033 | |
| Administration (11%) | $830 | |
| Fundraising (17%) | $1,337 | |
| Public Education and Outreach (7%) | $548 | |
| Total Program Function Expenditures | $7,748 | |
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, Bangor, Maine.
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