Civic Intelligence

Quoddy Tides Foundation

990 • Fiscal year 2016 • EIN 01-6046843

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

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

51st percentile

0.10x

Higher debt load relative to assets than 51% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

74th percentile

0.41x

Higher debt load relative to revenue than 74% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

92nd percentile

49%

Higher net margin than 92% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

77th percentile

14%

Faster asset growth than 77% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

82nd percentile

28%

Faster revenue growth than 82% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,953,804

Up $237,629 (+14%) from 2015

Net Assets

Up

$1,750,400

Up $249,538 (+17%) from 2015

Liabilities

Down

$203,404

Down $11,909 (-5.5%) from 2015

Revenue

Up

$497,661

Up $108,929 (+28%) from 2015

Expenses

Up

$253,426

Up $10,047 (+4.1%) from 2015

Net Income

Up

$244,235

Up $98,882 (+68%) from 2015

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

2016

Assets$1,953,804
Liabilities$203,404
Net Assets$1,750,400

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

2016

Revenue$497,661
Expenses$253,426
Net Income$244,235
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$519,437
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$1,384,484$1,624,004▲ $239,520
Cash and Non-Interest-Bearing Accounts$60,851$60,060▼ $791
Savings and Temporary Cash Investments$72,214$36,108▼ $36,106
Loans From Officers Directors$10,000$25,000▲ $15,000
Inventories for Sale or Use$330$1,628▲ $1,298
Total Assets$1,716,175$1,953,804▲ $237,629
Other Assets Total$198,296$232,004▲ $33,708
Liabilities
Unsecured Notes Loans Payable$205,127$178,395▼ $26,732
Other Liabilities$186$9▼ $177
Total Liabilities$215,313$203,404▼ $11,909
Net Assets / Fund Balance
Unrestricted Net Assets$1,479,437$1,750,400▲ $270,963
Temporarily Rstr Net Assets$21,425--
Total Net Assets Fund Balance$1,500,862$1,750,400▲ $249,538
Total Liabilities and Net Assets / Fund Balance$1,716,175$1,953,804▲ $237,629

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,536,208$194,390$1,730,598
Land$87,796-$87,796
Other Assets Org$25,001--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Marie Jones HolmesPresident
Kristin MckinlayAsst Director of
Andres VerzosaTrustee
Markley BoyerTrustee
Nancy FultonTrustee
Hugh FrenchExecutive Di
David LewisIncoming Pre
Raine MillerTreasurer/se
Nina NohlenVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$484,830
Program Service Revenue
$9,492
Investment Income
$1,031
Other Revenue
$2,308
All Other Contributions
$484,830
Change in Net Assets
$244,235

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 Other1$184,400
Total Noncash Contributions1$184,400
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$178,979
Salaries, Compensation, and Employee Benefits$74,447
Total Fundraising Expense$36,099
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$17,680$10,770$15,750$44,200
Depreciation Depletion$42,704--$42,704
All Other Expenses$19,273$8,050$4,309$31,632
Occupancy$10,041$5,020$5,020$20,081
Other Salaries and Wages$16,365--$16,365
Payroll Taxes$5,553$2,776$5,553$13,882
Insurance$922$11,665-$12,587
Interest$9,419--$9,419
Other Expenses$5,157$335$2,373$7,865
Fees for Services Accounting-$1,755-$1,755
Fees for Services Legal-$1,119-$1,119
Total Functional Expenses$171,522$45,805$36,099$253,426
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$25,000▲ $15,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Sales Tax Payable$147
Paypal$-138
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
2017-11-15
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
6
Volunteers
48

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, Page 2, Part III, Line 4C

Annual lectures on topics of architecture and historic preservation. They presented two major installations of contemporary art work in north church project space and fostered one-week residency for musicians that culminated in a quartet concert. The organization also organized summer-long free outdoor music concert series and annual new year's eve community celebration, including establishing chem free/family friendly indoor venue with live band at studio works facility.

Form 990, Part IX, Line 24E

Supplies 5,817 1,673 300 website 2,942 1,471 1,471 aquisitions/exhibition co 4,483 0 0 promotion and marketing 3,433 0 858 postage/shipping 1,699 577 610 telephone 695 1,392 696 other taxes 0 2,326 0 bsc/sales tax 204 611 0 development fund 0 0 374 total 19,273 8,050 4,309

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IRS990/OtherRevenueMiscGrp/Desc0TIDES INSTITUTE STORE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02308
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02308
IRS990/OtherRevenueTotalAmt02308
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt016365
IRS990/OtherSalariesAndWagesGrp/TotalAmt016365
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt05553
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02776
IRS990/PayrollTaxesGrp/ProgramServicesAmt05553
IRS990/PayrollTaxesGrp/TotalAmt013882
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MARIE JONES HOLMES
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM FEES AND OTHER RELATE
IRS990/ProgramServiceRevenueGrp/Desc1EDUCATIONAL PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt09007
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1485
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt09007
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1485
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 2016 THE GROUND FLOOR MECHANICAL ROOM WAS UPGRADED. A SECTION OF THE GALLERY FLOOR WAS UPGRADED WITH NEW CONCRETE FLOOR SLAB AND A NEW CERAMIC TILED FLOOR WAS INSTALLED IN HANDICAP-ACCESSIBLE GROUND BUILDING.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt056343
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 2016, THE TIDES HOSTED 8 ARTIST RESIDENCIES AND ARTIST TALKS AND OUTDOOR FILM SCREENING. ALSO PROVIDED OUTREACH TO SCHOOLS AND OFFERED COMMUNITY WORKSHOPS SUCH AS TWO DAY MONOTYPE WORKSHOP BY SHORT-TERM VISITING ARTISTS. THE ORGANIZATION PUBLISHED CORSS-BORDER ART AND CULTURAL GUIDE, ORGANIZED REGIONAL OPEN STUDIO VISIT WEEKEND. ORGANIZATION PRESENTED FOUR EXHIBITIONS, INCLUDING CAREER RETROSPECTIVE OF LOCAL ARTIST, INCLUDING PUBLICATION OF EXHIBITION CATALOGUE. THE ORGANIZATION ALSO HOSTED TWO ANNUAL LECTURES ON TOPICS OF ARCHITECTURE AND HISTORIC PRESERVATION. THEY PRESENTED TWO MAJOR INSTALLATIONS OF CONTEMPORARY ART WORK IN NORTH CHURCH PROJECT SPACE AND FOSTERED ONE-WEEK RESIDENCY FOR MUSICIANS THAT CULMINATED IN A QUARTET CONCERT. THE ORGANIZATION ALSO ORGANIZED SUMMER-LONG FREE OUTDOOR MUSIC CONCERT SERIES AND ANNUAL NEW YEAR'S EVE COMMUNITY CELEBRATION, INCLUDING ESTABLISHING CHEM FREE/FAMILY FRIENDLY INDOOR VENUE WITH LIVE BAND AT STUDIO WORKS FACILITY.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0106462
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt09492
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0384194
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01471
IRS990/PYOtherExpensesAmt0162926
IRS990/PYProgramServiceRevenueAmt03067
IRS990/PYRevenuesLessExpensesAmt0145353
IRS990/PYSalariesCompEmpBnftPaidAmt080453
IRS990/PYTotalExpensesAmt0243379
IRS990/PYTotalRevenueAmt0388732
IRS990/ReconcilationRevenueExpnssAmt0244235
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt072214
IRS990/SavingsAndTempCashInvstGrp/EOYAmt036108
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt01855
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt06159
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt02810
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt02415
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt0600
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt013839
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0484830
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0384194
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0550014
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0397041
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0568812
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02384891
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01471
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0317
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01100
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0599
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03487
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt012086
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt03067
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt08368
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt015878
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt05217
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt044616
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01471
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0317
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01100
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0599
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03487
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus1YearAmt0471
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt0471
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.87810
IRS990ScheduleA/PublicSupportPY509Pct00.87070
IRS990ScheduleA/PublicSupportTotal509Amt02136842
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt01855
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0141159
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0146636
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt02415
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0600
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0292665
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt0135000
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt0143826
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0278826
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0496916
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0387261
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0558382
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0412919
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0574029
IRS990ScheduleA/Total509Grp/TotalAmt02429507
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0496916
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0389203
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0558699
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0414019
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0574628
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02433465
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/BookValueAmt01536208
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0194390
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01730598
IRS990ScheduleD/LandGrp/BookValueAmt087796
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt087796
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0145834
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt161169
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt225001
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0MUSEUM COLLECTIONS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1OTHER ASSETS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2DEPOSIT ON RE PURCHASE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0147
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1-138
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SALES TAX PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYPAL
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01624004
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0232004
IRS990ScheduleD/TotalLiabilityAmt09
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt015000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt110000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0OPERATING EXPENSES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1BUILDING PURCHASE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt025000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt110000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0KRISTIN MCKINLAY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1EDWARD FRENCH
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1true
IRS990ScheduleL/TotalBalanceDueAmt025000
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/RealEstateOtherGrp/ContributionCnt01
IRS990ScheduleM/RealEstateOtherGrp/NonCashCheckboxInd0X
IRS990ScheduleM/RealEstateOtherGrp/NoncashContributionsRptF990Amt0184400
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/ExplanationTxt1ANNUAL LECTURES ON TOPICS OF ARCHITECTURE AND HISTORIC PRESERVATION. THEY PRESENTED TWO MAJOR INSTALLATIONS OF CONTEMPORARY ART WORK IN NORTH CHURCH PROJECT SPACE AND FOSTERED ONE-WEEK RESIDENCY FOR MUSICIANS THAT CULMINATED IN A QUARTET CONCERT. THE ORGANIZATION ALSO ORGANIZED SUMMER-LONG FREE OUTDOOR MUSIC CONCERT SERIES AND ANNUAL NEW YEAR'S EVE COMMUNITY CELEBRATION, INCLUDING ESTABLISHING CHEM FREE/FAMILY FRIENDLY INDOOR VENUE WITH LIVE BAND AT STUDIO WORKS FACILITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2HUGH FRENCH, EXECUTIVE DIRECTOR AND KRISTIN MCKINLAY, ASSISTANT DIRECTOR OF EXHIBITS ARE MARRIED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 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/ExplanationTxt4THE 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/ExplanationTxt5THE 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/ExplanationTxt6ALL 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/ExplanationTxt7SUPPLIES 5,817 1,673 300 WEBSITE 2,942 1,471 1,471 AQUISITIONS/EXHIBITION CO 4,483 0 0 PROMOTION AND MARKETING 3,433 0 858 POSTAGE/SHIPPING 1,699 577 610 TELEPHONE 695 1,392 696 OTHER TAXES 0 2,326 0 BSC/SALES TAX 204 611 0 DEVELOPMENT FUND 0 0 374 TOTAL 19,273 8,050 4,309
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0ME
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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
2016Detailed filing. Detailed filing data is available for this year.$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