Financials

Where do your generous contributions to MCHT go?

financials-2021--2022-08-24-1

Thank you for your interest in Maine Coast Heritage Trust. Listed below is a summary of our 2021 operating financial results. Here are the links to our 2021 Audited Financial Statements (PDF) and 2020 Form 990 (PDF). Our 2021 Form 990 will be available during November 2022.

 

 2021 Actuals
$ in Thousands
Program Revenue and Support: 
Contributions:
 Unrestricted (35%)$3,147
 Restricted (23%)$2,063
Investments (38%)$3,399
Other Revenue (4%)$384
Total Program Revenue and Support$8,993
 
Program Function Expenditures:
Land Protection and Stewardship (71%)$5,737
Administration (11%)$910
Fundraising (13%)$1,077
Public Education and Outreach (5%)$441
Total Program Function Expenditures$8,165

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 2021 were prepared by Berry Dunn, CPAs.