Civic Intelligence

Quoddy Tides Foundation

990 • Fiscal year 2015 • EIN 01-6046843

Jan 01, 2015 to Dec 31, 2015 • Filed on Sep 01, 2016

PO Box 161Eastport, ME 04631

(207) 853-4047

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

53rd percentile

0.13x

Higher debt load relative to assets than 53% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

78th percentile

0.55x

Higher debt load relative to revenue than 78% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

88th percentile

37%

Higher net margin than 88% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

39th percentile

$30,333

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 7.8% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

71st percentile

8.9%

Faster asset growth than 71% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

10th percentile

-30%

Faster revenue growth than 10% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$1,716,175

Up $139,799 (+8.9%) from 2014

Net Assets

Up

$1,500,862

Up $145,353 (+11%) from 2014

Liabilities

Down

$215,313

Down $5,554 (-2.5%) from 2014

Revenue

Down

$388,732

Down $169,967 (-30%) from 2014

Expenses

Down

$243,379

Down $20,786 (-7.9%) from 2014

Net Income

Down

$145,353

Down $149,181 (-51%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $928,390Liabilities 2011: $341,358Net Assets 2011: $587,0322011Assets 2012: $1,188,382Liabilities 2012: $300,283Net Assets 2012: $888,0992012Assets 2013: $1,321,865Liabilities 2013: $260,890Net Assets 2013: $1,060,9752013Assets 2014: $1,576,376Liabilities 2014: $220,867Net Assets 2014: $1,355,5092014Assets 2015: $1,716,175Liabilities 2015: $215,313Net Assets 2015: $1,500,8622015Assets 2016: $1,953,804Liabilities 2016: $203,404Net Assets 2016: $1,750,4002016Assets 2017: $2,176,613Liabilities 2017: $195,211Net Assets 2017: $1,981,4022017Assets 2018: $2,211,162Liabilities 2018: $193,714Net Assets 2018: $2,017,4482018Assets 2019: $2,710,998Liabilities 2019: $343,875Net Assets 2019: $2,367,1232019Assets 2020: $2,735,575Liabilities 2020: $225,632Net Assets 2020: $2,509,9432020Assets 2021: $2,983,137Liabilities 2021: $120,722Net Assets 2021: $2,862,4152021Assets 2022: $3,371,992Liabilities 2022: $148,339Net Assets 2022: $3,223,6532022Assets 2023: $3,429,589Liabilities 2023: $139,447Net Assets 2023: $3,290,1422023Assets 2024: $3,430,563Liabilities 2024: $128,863Net Assets 2024: $3,301,7002024

Highlighted filing

2015

Assets$1,716,175
Liabilities$215,313
Net Assets$1,500,862

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0Revenue 2011: $380,400Expenses 2011: $243,342Net Income 2011: $137,0582011Expenses 2012: $278,5612012Revenue 2013: $414,019Expenses 2013: $241,143Net Income 2013: $172,8762013Revenue 2014: $558,699Expenses 2014: $264,165Net Income 2014: $294,5342014Revenue 2015: $388,732Expenses 2015: $243,379Net Income 2015: $145,3532015Revenue 2016: $497,661Expenses 2016: $253,426Net Income 2016: $244,2352016Revenue 2017: $476,357Expenses 2017: $251,475Net Income 2017: $224,8822017Revenue 2018: $354,081Expenses 2018: $315,572Net Income 2018: $38,5092018Revenue 2019: $659,652Expenses 2019: $309,977Net Income 2019: $349,6752019Revenue 2020: $419,054Expenses 2020: $265,413Net Income 2020: $153,6412020Revenue 2021: $639,507Expenses 2021: $291,883Net Income 2021: $347,6242021Revenue 2022: $742,558Expenses 2022: $382,787Net Income 2022: $359,7712022Revenue 2023: $474,552Expenses 2023: $406,006Net Income 2023: $68,5462023Revenue 2024: $432,874Expenses 2024: $421,128Net Income 2024: $11,7462024

Highlighted filing

2015

Revenue$388,732
Expenses$243,379
Net Income$145,353
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Sep 1, 2016
Return Version
2015v2.1
Gross Receipts
$388,732
Mission and Program Overview

Mission

The tides institute and museum of art builds and exhibits cultural collections; fosters and creates new cultural works; strengthens cultural ties within the greater passamaquoddy region, between new england and the atlantic provinces, and to the wider world; and engages a broader public through involvement with its activities and collections.

The tides institute and museum of art builds and exhibits cultural collections; fosters and creates new cultural works; strengthens cultural ties within the greater passamaquoddy region, between new england and the atlantic provinces, and to the wider world; and engages a broader public through involvement with its activities and collection.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,297,074$1,384,484▲ $87,410
Savings and Temporary Cash Investments-$72,214-
Cash and Non-Interest-Bearing Accounts$137,298$60,851▼ $76,447
Loans From Officers Directors$10,000$10,000→ $0
Receivables From Officers Etc$569--
Inventories for Sale or Use$255$330▲ $75
Total Assets$1,576,376$1,716,175▲ $139,799
Other Assets Total$141,180$198,296▲ $57,116
Liabilities
Unsecured Notes Loans Payable$210,731$205,127▼ $5,604
Other Liabilities$136$186▲ $50
Total Liabilities$220,867$215,313▼ $5,554
Net Assets / Fund Balance
Unrestricted Net Assets$1,355,509$1,479,437▲ $123,928
Temporarily Rstr Net Assets-$21,425-
Total Net Assets Fund Balance$1,355,509$1,500,862▲ $145,353
Total Liabilities and Net Assets / Fund Balance$1,576,376$1,716,175▲ $139,799

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,465,075-$1,465,075
Land$71,096-$71,096
Other Land Buildings$-151,687$151,687-
Other Assets Org$57,062--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Hugh FrenchExecutive DiFT$30,333$30,333
Kristin MckinlayAsst Director ofPT$18,200$18,200

Board Members and Trustees

NameTitle
Marie Jones HolmesPresident
Andres VerzosaTrustee
David LewisTrustee
Markley BoyerTrustee
Nancy FultonTrustee
Raine MillerTreasurer/se
Nina NohlenVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$384,194
Program Service Revenue
$3,067
Investment Income
$1,471
Other Revenue
$0
All Other Contributions
$384,194
Change in Net Assets
$145,353

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Real Estate Residential1$115,000
Total Noncash Contributions1$115,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$162,926
Salaries, Compensation, and Employee Benefits$80,453
Total Fundraising Expense$34,321
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$19,413$12,133$16,987$48,533
Depreciation Depletion$37,004--$37,004
All Other Expenses$19,263$8,360$5,939$33,562
Other Salaries and Wages$23,895--$23,895
Occupancy$9,890$4,945$4,945$19,780
Other Expenses$8,542$720$229$9,491
Insurance-$9,470-$9,470
Interest$9,090--$9,090
Payroll Taxes$3,210$1,605$3,210$8,025
Fees for Services Accounting-$1,308-$1,308
Fees for Services Legal-$635-$635
Total Functional Expenses$166,999$42,059$34,321$243,379
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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$10,000$10,000→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$569--
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Sales Tax Payable$131
Paypal$55
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI

Hugh french, executive director and kristin mckinlay, assistant director of exhibits are married.

Form 990, Page 6, Part VI, Line 11B

Form 990 was reviewed with the governing board to ensure that all board members had the opportunity to ask questions and obtain a complete understanding of the financial informaton contained in form 990 prior to the form 990 being filed.

Form 990, Page 6, Part VI, Line 12C

The organization put in place a conflict of interest policy in 2012. Board members and key employees will be required to disclose annually interests that could give rise to conflicts.

Form 990, Page 6, Part VI, Line 15A

The executive director's salary is reviewed annually by the governing board to ensure it is reasonable for hours worked and comparable with similar organizations. Any pay or benefit increases are reviewed by the governing board and submitted for approval to trustees. A formal compensation policy was formalized in 2015.

Form 990, Page 6, Part VI, Line 19

All governing documents, policies and financial statements are made available to the public on request. Some financial documents are available on the organization's website. The organization has adopted or is in the process of adopting a conflict of interest policy, a records retention policy and other policies as required. These will be available on request for public inspection.

Filing and Contact Details

Filer

Filer Name
Quoddy Tides Foundation
EIN
01-6046843
Phone
2078534047
Address
PO BOX 161, EASTPORT, ME 04631
Doing Business As
Tides Institute

Signing Officer

Name
Raine Miller
Title
Treasurer/secretary
Phone
2078534047
Signed
2016-09-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marie Jones Holmes
Formed
1973
Legal Domicile
Me
Voting Board Members
9
Independent Board Members
9
Employees
7

Preparer

Firm
Coston & Mcisaac Cpas
Address
38 RODICK ST, BAR HARBOR, ME 04609-1806
Preparer
Melinda Workman
Phone
2072889458
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The tides institute and museum of art builds and exhibits cultural collections; fosters and creates new cultural works; strengthens cultural ties within the greater passamaquoddy region, between new england and the atlantic provinces, and to the wider world; and engages a broader public through involvement with its activities and collections.

Form 990, Part IX, Line 24E

Travel 5,298 845 2,302 aquisitions/exhibition co 6,510 0 0 bsc/sales tax 1,073 3,218 0 website 1,887 944 944 postage/shipping 1,530 667 1,140 promotion and marketing 2,073 0 518 telephone 573 1,146 573 payroll processing 0 1,346 0 development fund 0 0 372 maintenance 319 0 0 other taxes 0 194 0 workshops 0 0 90

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IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt03210
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01605
IRS990/PayrollTaxesGrp/ProgramServicesAmt03210
IRS990/PayrollTaxesGrp/TotalAmt08025
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MARIE JONES HOLMES
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM FEES AND OTHER RELATE
IRS990/ProgramServiceRevenueGrp/Desc1EDUCATIONAL PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03047
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt120
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03047
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt120
IRS990/ProgSrvcAccomActy2Grp/Desc0ESTABLISH PHYSICAL CENTERS TO HOUSE, PRESERVE AND EXHIBIT CULTURAL COLLECTIONS RELATING TO THE EASTERN COAST OF MAINE AND THE BROADER WORLD. THE MAIN BUILDING WAS MAINTAINED AS PRIMARY CENTER FOR COLLECTIONS. IN 2015 THE REAR AREA OF THE EXHIBITION GALLERY WAS UPDATED, INCLUDING STORAGE CLOSET AND WALL PANELS ON STAIRCASE TO 2ND FLOOR GALLERY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt053329
IRS990/ProgSrvcAccomActy3Grp/Desc0DEVELOP PUBLIC PROGRAMMING, EDUCATIONAL OUTREACH, PUBLICATIONS AND WORKSHOPS/EVENTS TO FOSTER THE APPRECIATION OF ART, HISTORY AND ARCHITECTURE RELATING TO THE EASTERN COAST OF MAINE AND THE BROADER WORLD. IN 2015, HOSTED 6 ARTIST RESIDENCIES, EXHIBITED ARTIST ALUMNAE AT MUSEUM, PROVIDED ARTIST OUTREACH TO SCHOOLS AND COMMUNITY WORKSHOPS. PUBLISHED CROSS-BORDER ART AND CULTURAL GUIDE, ORGANIZED STUDIO VISIT WEEKEND. PRESENTED FOUR EXHIBITIONS, INCLUDING PARTICIPATION IN STATE-WIDE PHOTOGRAPHY EXHIBITION SERIES, AND FREQUENT LECTURES/ARTIST TALKS. EXPANDED PROGRAMMING FOR NEW YEAR'S EVE COMMUNITY CELEBRATION AND PRESENTED POP-UP EXHIBITION AND ONE CELLO CONCERT IN NEWLY ACQUIRED CHURCH PROJECT SPACE VENUE.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0101764
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt03067
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0550014
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0317
IRS990/PYOtherExpensesAmt0191816
IRS990/PYProgramServiceRevenueAmt08368
IRS990/PYRevenuesLessExpensesAmt0294534
IRS990/PYSalariesCompEmpBnftPaidAmt072349
IRS990/PYTotalExpensesAmt0264165
IRS990/PYTotalRevenueAmt0558699
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt0569
IRS990/ReconcilationRevenueExpnssAmt0145353
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/EOYAmt072214
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt06159
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt02810
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt02415
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt0600
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt04700
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt016684
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0384194
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0550014
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0397041
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0568812
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0377160
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02277221
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01471
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0317
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01100
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0599
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0152
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03639
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt03067
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt08368
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt015878
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt05217
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt03088
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt035618
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01471
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0317
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01100
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0599
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0152
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03639
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearAmt0471
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt0471
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.87070
IRS990ScheduleA/PublicSupportPY509Pct00.99340
IRS990ScheduleA/PublicSupportTotal509Amt02017329
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0141159
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0146636
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt02415
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0600
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt04700
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0295510
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0135000
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt0143826
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0278826
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0387261
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0558382
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0412919
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0574029
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0380248
IRS990ScheduleA/Total509Grp/TotalAmt02312839
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0389203
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0558699
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0414019
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0574628
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0380400
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02316949
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01465075
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01465075
IRS990ScheduleD/LandGrp/BookValueAmt071096
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt071096
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0141234
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt157062
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0MUSEUM COLLECTIONS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1OTHER ASSETS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0-151687
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0151687
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0131
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt155
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SALES TAX PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYPAL
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01384484
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0198296
IRS990ScheduleD/TotalLiabilityAmt0186
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt010000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0BUILDING PURCHASE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt010000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0EDWARD FRENCH
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt010000
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/RealEstateResidentialGrp/ContributionCnt01
IRS990ScheduleM/RealEstateResidentialGrp/NonCashCheckboxInd0X
IRS990ScheduleM/RealEstateResidentialGrp/NoncashContributionsRptF990Amt0115000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TIDES INSTITUTE AND MUSEUM OF ART BUILDS AND EXHIBITS CULTURAL COLLECTIONS; FOSTERS AND CREATES NEW CULTURAL WORKS; STRENGTHENS CULTURAL TIES WITHIN THE GREATER PASSAMAQUODDY REGION, BETWEEN NEW ENGLAND AND THE ATLANTIC PROVINCES, AND TO THE WIDER WORLD; AND ENGAGES A BROADER PUBLIC THROUGH INVOLVEMENT WITH ITS ACTIVITIES AND COLLECTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1HUGH FRENCH, EXECUTIVE DIRECTOR AND KRISTIN MCKINLAY, ASSISTANT DIRECTOR OF EXHIBITS ARE MARRIED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 WAS REVIEWED WITH THE GOVERNING BOARD TO ENSURE THAT ALL BOARD MEMBERS HAD THE OPPORTUNITY TO ASK QUESTIONS AND OBTAIN A COMPLETE UNDERSTANDING OF THE FINANCIAL INFORMATON CONTAINED IN FORM 990 PRIOR TO THE FORM 990 BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION PUT IN PLACE A CONFLICT OF INTEREST POLICY IN 2012. BOARD MEMBERS AND KEY EMPLOYEES WILL BE REQUIRED TO DISCLOSE ANNUALLY INTERESTS THAT COULD GIVE RISE TO CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE EXECUTIVE DIRECTOR'S SALARY IS REVIEWED ANNUALLY BY THE GOVERNING BOARD TO ENSURE IT IS REASONABLE FOR HOURS WORKED AND COMPARABLE WITH SIMILAR ORGANIZATIONS. ANY PAY OR BENEFIT INCREASES ARE REVIEWED BY THE GOVERNING BOARD AND SUBMITTED FOR APPROVAL TO TRUSTEES. A FORMAL COMPENSATION POLICY WAS FORMALIZED IN 2015.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC ON REQUEST. SOME FINANCIAL DOCUMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. THE ORGANIZATION HAS ADOPTED OR IS IN THE PROCESS OF ADOPTING A CONFLICT OF INTEREST POLICY, A RECORDS RETENTION POLICY AND OTHER POLICIES AS REQUIRED. THESE WILL BE AVAILABLE ON REQUEST FOR PUBLIC INSPECTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6TRAVEL 5,298 845 2,302 AQUISITIONS/EXHIBITION CO 6,510 0 0 BSC/SALES TAX 1,073 3,218 0 WEBSITE 1,887 944 944 POSTAGE/SHIPPING 1,530 667 1,140 PROMOTION AND MARKETING 2,073 0 518 TELEPHONE 573 1,146 573 PAYROLL PROCESSING 0 1,346 0 DEVELOPMENT FUND 0 0 372 MAINTENANCE 319 0 0 OTHER TAXES 0 194 0 WORKSHOPS 0 0 90
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0ME
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt021425
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01576376
IRS990/TotalAssetsEOYAmt01716175
IRS990/TotalAssetsGrp/BOYAmt01576376
IRS990/TotalAssetsGrp/EOYAmt01716175
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0384194
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt034321
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt042059
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0166999
IRS990/TotalFunctionalExpensesGrp/TotalAmt0243379

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.43$0.13$3.30$0.43$0.42$0.01
2023Detailed filing. Detailed filing data is available for this year.$3.43$0.14$3.29$0.47$0.41$0.07
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.37$0.15$3.22$0.74$0.38$0.36
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.98$0.12$2.86$0.64$0.29$0.35
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.74$0.23$2.51$0.42$0.27$0.15
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.71$0.34$2.37$0.66$0.31$0.35
2018Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$2.21$0.19$2.02$0.35$0.32$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.18$0.20$1.98$0.48$0.25$0.22
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.95$0.20$1.75$0.50$0.25$0.24
2015Detailed filing. Detailed filing data is available for this year.$1.72$0.22$1.50$0.39$0.24$0.15
2014Detailed filing. Detailed filing data is available for this year.$1.58$0.22$1.36$0.56$0.26$0.29
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.32$0.26$1.06$0.41$0.24$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.19$0.30$0.89$0.28
2011Summary only. Only limited summary data is available for this year.$0.93$0.34$0.59$0.38$0.24$0.14