Civic Intelligence

Farmington Historical Society Inc.

EIN 01-0377985 • 501(c)3 • Farmington, ME

Pub. 78 Eligible990-N Coverage

Profile

The Farmington Historical Society Inc. mission is to discover, procure and preserve the history of Farmington Maine

PO Box 575Farmington, ME 04938
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

20th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

26th percentile

-6.7%

Higher net margin than 26% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

96th percentile

152%

Faster asset growth than 96% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

6th percentile

-46%

Faster revenue growth than 6% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$1,394,930

Up $841,159 (+152%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Up

$1,394,930

Up $841,159 (+152%) from 2024

Revenue

Down

$41,076

Down $34,958 (-46%) from 2024

Expenses

Down

$43,847

Down $18,337 (-29%) from 2024

Net Income

Down

-$2,771

Down $16,621 (-120%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2014: $678,028Liabilities 2014: $143,100Net Assets 2014: $534,9282014Assets 2015: $663,856Liabilities 2015: $135,257Net Assets 2015: $528,5992015Assets 2016: $514,792Liabilities 2016: $0Net Assets 2016: $514,7922016Assets 2017: $519,853Liabilities 2017: $0Net Assets 2017: $519,8532017Assets 2018: $517,389Liabilities 2018: $0Net Assets 2018: $517,3892018Assets 2019: $517,282Liabilities 2019: $0Net Assets 2019: $517,2822019Assets 2020: $567,320Liabilities 2020: $0Net Assets 2020: $567,3202020Assets 2021: $543,385Liabilities 2021: $0Net Assets 2021: $543,3852021Assets 2022: $543,827Liabilities 2022: $0Net Assets 2022: $543,8272022Assets 2023: $539,921Liabilities 2023: $0Net Assets 2023: $539,9212023Assets 2024: $553,771Liabilities 2024: $0Net Assets 2024: $553,7712024Assets 2025: $1,394,930Liabilities 2025: $0Net Assets 2025: $1,394,9302025

Highlighted filing

2025

Assets$1,394,930
Liabilities$0
Net Assets$1,394,930

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2014: $108,855Expenses 2014: $32,413Net Income 2014: $76,4422014Revenue 2015: $47,339Expenses 2015: $34,832Net Income 2015: $12,5072015Revenue 2016: $40,114Expenses 2016: $20,978Net Income 2016: $19,1362016Revenue 2017: $31,160Expenses 2017: $26,099Net Income 2017: $5,0612017Revenue 2018: $37,504Expenses 2018: $32,162Net Income 2018: $5,3422018Revenue 2019: $27,971Expenses 2019: $28,078Net Income 2019: -$1072019Revenue 2020: $72,528Expenses 2020: $22,490Net Income 2020: $50,0382020Revenue 2021: $35,776Expenses 2021: $59,763Net Income 2021: -$23,9872021Revenue 2022: $34,049Expenses 2022: $47,538Net Income 2022: -$13,4892022Revenue 2023: $42,711Expenses 2023: $70,068Net Income 2023: -$27,3572023Revenue 2024: $76,034Expenses 2024: $62,184Net Income 2024: $13,8502024Revenue 2025: $41,076Expenses 2025: $43,847Net Income 2025: -$2,7712025

Highlighted filing

2025

Revenue$41,076
Expenses$43,847
Net Income-$2,771

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Mar 5, 2026
Return Version
2025v4.0
Gross Receipts
$50,477
Mission and Program Overview

Mission

The Farmington Historical Society Inc. mission is to discover, procure and preserve the history of Farmington Maine

The Farmington Historical Society Inc. mission is to discover, procure and preserve the history of Farmington Maine.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$471,000$1,315,400▲ $844,400
Pd in Cap Srpls Land Bldg Eqp Fund$471,000$1,315,400▲ $844,400
Cap Stk Tr Prin Current Funds$82,771$79,530▼ $3,241
Savings and Temporary Cash Investments$82,417$79,476▼ $2,941
Cash and Non-Interest-Bearing Accounts$354$54▼ $300
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Investments in Publicly Traded Securities$0--
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Intangible Assets$0--
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0--
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$553,771$1,394,930▲ $841,159
Other Assets Total$0--
Liabilities
Accounts Payable and Accrued Expenses$0--
Grants Payable$0--
Mortgage Notes Payable Secured by Investment Property$0--
Unsecured Notes Loans Payable$0--
Deferred Revenue$0--
Escrow Account Liability$0--
Tax Exempt Bond Liabilities$0--
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$553,771$1,394,930▲ $841,159
Total Liabilities and Net Assets / Fund Balance$553,771$1,394,930▲ $841,159

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,315,400$0$0
Other Land Buildings$0$0$0
Land$0-$0
Equipment$0$0$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Board Members and Trustees

NameTitle
David SpencinerPresident
Joe AustinVice President
Dan MaxhamTrustee
Jane WoodmanTrustee
Jeff WrightTrustee
Jpyce MortonTrustee
Layne NasonTrustee
Marion ScharounTrustee
Nancy AustinTrustee
Theresa OverallTrustee
Theresa FosterSecretary
Janice MaxhamTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$23,543
Program Service Revenue
$0
Investment Income
$1,293
Other Revenue
$16,240
All Other Contributions
$10,022
Change in Net Assets
$-2,771
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$43,847
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$27,950--$27,950
Insurance$10,194--$10,194
All Other Expenses$4,149--$4,149
Office Expenses$1,434--$1,434
Payments to Affiliates$85--$85
Fees for Services Legal$35--$35
Total Functional Expenses$43,847$0$0$43,847
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$11,801
Fundraising Direct Expenses$4,149
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0--
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Janice Maxham ad Dan Maxham married. Nancy Austin and Joe Austin are married

Form 990, Part VI, Section B, Line 11B

A copy of this form was e-mailed to all Officers and Directors before filling

Form 990, Part VI, Section C, Line 19

Upon request

Filing and Contact Details

Filer

Filer Name
Farmington Historical Society Inc
EIN
01-0377985
Phone
2077782006
Address
PO Box 575, Farmington, ME 04938

Signing Officer

Name
Janice Maxham
Title
Treasurer
Phone
2077782006
Signed
2026-03-05

Organization Details

Principal Officer
Janice Maxham
Formed
1984
Legal Domicile
Me
Voting Board Members
10
Independent Board Members
10
Employees
1
Volunteers
20
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Fundraising expenses

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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt07652
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt07652
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt08588
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt08588
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0843930
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt027950
IRS990/OccupancyGrp/TotalAmt027950
IRS990/OfficeExpensesGrp/ProgramServicesAmt01434
IRS990/OfficeExpensesGrp/TotalAmt01434
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt085
IRS990/PaymentsToAffiliatesGrp/TotalAmt085
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0471000
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt01315400
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Janice Maxham
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0Work on the Titcomb House added a research center and updated a bathroom.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01652
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0192
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0Octagon House Maintenance & Repairs.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt01383
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Other expenses for the year.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt036369
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt062577
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt062184
IRS990/PYOtherRevenueAmt013457
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt013850
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt062184
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt076034
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-2771
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt08588
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt082417
IRS990/SavingsAndTempCashInvstGrp/EOYAmt079476
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt014129
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt049388
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt020573
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt029078
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0113168
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00
IRS990ScheduleA/PrivateFoundation509Ind0X
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01
IRS990ScheduleA/PublicSupportPY509Pct01
IRS990ScheduleA/PublicSupportTotal509Amt0113168
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00

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