Civic Intelligence

Boothbay Region Historical Society

EIN 23-7002657 • 501(c)3 • Boothbay Harbor, ME

Profile

Promote and preserve the history of the boothbay region of maine and maintain a historical museum open free of charge to the general public.

PO Box 272Boothbay Harbor, ME 04538

boothbayhistorical.org

Siviq Scores

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

Liabilities / Assets

25th percentile

0.00x

Higher debt load relative to assets than 25% of similar nonprofits.

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

Liabilities / Revenue

29th percentile

0.01x

Higher debt load relative to revenue than 29% of similar nonprofits.

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

Net Margin

90th percentile

54%

Higher net margin than 90% 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

71st percentile

13%

Faster asset growth than 71% of similar nonprofits.

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

Revenue Growth

90th percentile

93%

Faster revenue growth than 90% of similar nonprofits.

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

Assets

Up

$1,100,996

Up $126,408 (+13%) from 2024

Liabilities

Up

$2,284

Up $621 (+37%) from 2024

Net Assets

Up

$1,098,712

Up $125,787 (+13%) from 2024

Revenue

Up

$248,113

Up $119,767 (+93%) from 2024

Expenses

Up

$115,057

Up $12,491 (+12%) from 2024

Net Income

Up

$133,056

Up $107,276 (+416%) from 2024

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2021: $916,271Liabilities 2021: $375Net Assets 2021: $915,8962021Assets 2022: $891,263Liabilities 2022: $1,086Net Assets 2022: $890,1772022Assets 2023: $906,044Liabilities 2023: $1,614Net Assets 2023: $904,4302023Assets 2024: $974,588Liabilities 2024: $1,663Net Assets 2024: $972,9252024Assets 2025: $1,100,996Liabilities 2025: $2,284Net Assets 2025: $1,098,7122025

Highlighted filing

2025

Assets$1,100,996
Liabilities$2,284
Net Assets$1,098,712

Operations Trend

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

$300K$200K$100K$0Revenue 2021: $121,118Expenses 2021: $58,835Net Income 2021: $62,2832021Revenue 2022: $148,084Expenses 2022: $70,060Net Income 2022: $78,0242022Revenue 2023: $143,951Expenses 2023: $89,302Net Income 2023: $54,6492023Revenue 2024: $128,346Expenses 2024: $102,566Net Income 2024: $25,7802024Revenue 2025: $248,113Expenses 2025: $115,057Net Income 2025: $133,0562025

Highlighted filing

2025

Revenue$248,113
Expenses$115,057
Net Income$133,056

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
May 1, 2024 to Apr 30, 2025
Signed
Mar 12, 2026
Return Version
2024v5.0
Gross Receipts
$248,885
Mission and Program Overview

Mission

Promote and preserve the history of the boothbay region of maine and maintain a historical museum open free of charge to the general public.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$916,716$1,011,070▲ $94,354
Cash and Non-Interest-Bearing Accounts$49,545$81,570▲ $32,025
Savings and Temporary Cash Investments$8,327$8,356▲ $29
Total Assets$974,588$1,100,996▲ $126,408
Liabilities
Other Liabilities$1,663$2,284▲ $621
Total Liabilities$1,663$2,284▲ $621
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$968,228$1,098,712▲ $130,484
Net Assets With Donor Restrictions$4,697--
Total Net Assets Fund Balance$972,925$1,098,712▲ $125,787
Total Liabilities and Net Assets / Fund Balance$974,588$1,100,996▲ $126,408

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$916,715-▲ $94,355-$1,011,070
2023$867,033-▲ $97,182$47,500$916,715
2022$862,042-▲ $24,991$20,000$867,033
2021$889,111-▼ $27,069-$862,042
2020$697,176-▲ $191,985-$889,111
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kay WilderPresident
Joe AmbrosinoTrustee
Liz UllrichTrustee
Pat BrunellTrustee
Ruth AlleyTrustee
Wendy BellowsSecretary
Lucian LaurieTreasurer
Merritt BlakesleeVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$135,264
Program Service Revenue
$1,413
Investment Income
$101,638
Other Revenue
$9,798
All Other Contributions
$116,874
Change in Net Assets
$133,056
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$78,905
Other Expenses$35,152
Total Fundraising Expense$13,820
Grants and Similar Amounts Paid$1,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$37,938$22,190$11,453$71,581
Occupancy$14,607--$14,607
Payroll Taxes$3,882$2,270$1,172$7,324
Office Expenses$4,291-$1,195$5,486
Fees for Services Accounting-$5,436-$5,436
Information Technology-$2,279-$2,279
Insurance-$2,152-$2,152
Fees for Services Legal-$1,423-$1,423
Grants to Domestic Individuals$1,000--$1,000
Other Expenses$331$1,809-$331
Total Functional Expenses$63,678$37,559$13,820$115,057
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$6,909
Fundraising Direct Expenses$535
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Due$1,598
Credit Card Liability$681
State Sales Taxes Due$5
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, Page 6, Part VI, Line 7A

Members elect the society's trustees and officers at the annual meeting.

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

The completed form 990 is reviewed by the society's president and treasurer prior to filing. It is available for review by individual board members following the date the form 990 is filed. Any comments or suggestions are brought to the attention of the preparer.

Form 990, Page 6, Part VI, Line 19

Organizing documents and financial statements are available for public inspection at the society's office during normal business hours.

Filing and Contact Details

Filer

Filer Name
Boothbay Region Historical Society
EIN
23-7002657
Phone
2076330820
Address
PO BOX 272, BOOTHBAY HARBOR, ME 04538

Signing Officer

Name
Lucian Laurie
Title
Treasurer
Phone
2076330820
Signed
2026-03-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lucian Laurie
Formed
1967
Legal Domicile
Me
Voting Board Members
8
Independent Board Members
8
Employees
5
Volunteers
35

Preparer

Firm
One River Cpas
Address
46 FIRSTPARK DRIVE, OAKLAND, ME 04963-5362
Preparer
Brett R Jensen CPA
Phone
2078731603
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 4, Part XIII

.schedule p. Part iii, line 1 - the society's collections consist of_artlfacts of historical significance to the boothbary region of maine that are held for educational, research, and curatorial purposes. Each item is catalogued, preserved, and cared for, and activities verifying their existence and assessing their condition are performed on a continuous basis. Schedule d, part iii, line 4 - the mission of the society is to promote interest in and to preserve the history of the boothbay region of maine. To that end, the society collects, preserves, and exhibits regional artifacts and documents,serving as a repository for items that are emblems of the region's past. The society has approximately 5200 regional artifacts, including such things as fishing gear from the 1800s, household items from the 1700s spring bottles from the 1900s, and various civil war paraphernalia. The society has approximately 250 linear feet of original documents, including store, blacksmith and fish house books, family papers, and research on various local subkects such as houses, families, and businesses. The society has about 15,000 images, 10 linear feet of electronic media and 50 feet of published books. The society mounts special exhibits for the general public. The collections are open free of charge to the general public on multiple days of the week for viewing and research. The society also undertakes research to help those seeking information. The society has a fine reputation as a research facility. The society promotes interest in its collecion by maintaining a website, regularly submitting historical articles to the local newspaper, creating and selling historical books and maps, issuing several newsletters per year, encouraging school visits and presenting speakers on local historical subjects. Schedule d, part v, line 4 - the endowment fund is maintained to generate income to subsidize a portion of the annual budget and to provide a source of funds to alleviate unanticipated and severe financial hardship on the organization.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0.SCHEDULE P. PART III, LINE 1 - THE SOCIETY'S COLLECTIONS CONSIST OF_ARTLFACTS OF HISTORICAL SIGNIFICANCE TO THE BOOTHBARY REGION OF MAINE THAT ARE HELD FOR EDUCATIONAL, RESEARCH, AND CURATORIAL PURPOSES. EACH ITEM IS CATALOGUED, PRESERVED, AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED ON A CONTINUOUS BASIS. SCHEDULE D, PART III, LINE 4 - THE MISSION OF THE SOCIETY IS TO PROMOTE INTEREST IN AND TO PRESERVE THE HISTORY OF THE BOOTHBAY REGION OF MAINE. TO THAT END, THE SOCIETY COLLECTS, PRESERVES, AND EXHIBITS REGIONAL ARTIFACTS AND DOCUMENTS,SERVING AS A REPOSITORY FOR ITEMS THAT ARE EMBLEMS OF THE REGION'S PAST. THE SOCIETY HAS APPROXIMATELY 5200 REGIONAL ARTIFACTS, INCLUDING SUCH THINGS AS FISHING GEAR FROM THE 1800S, HOUSEHOLD ITEMS FROM THE 1700S SPRING BOTTLES FROM THE 1900S, AND VARIOUS CIVIL WAR PARAPHERNALIA. THE SOCIETY HAS APPROXIMATELY 250 LINEAR FEET OF ORIGINAL DOCUMENTS, INCLUDING STORE, BLACKSMITH AND FISH HOUSE BOOKS, FAMILY PAPERS, AND RESEARCH ON VARIOUS LOCAL SUBKECTS SUCH AS HOUSES, FAMILIES, AND BUSINESSES. THE SOCIETY HAS ABOUT 15,000 IMAGES, 10 LINEAR FEET OF ELECTRONIC MEDIA AND 50 FEET OF PUBLISHED BOOKS. THE SOCIETY MOUNTS SPECIAL EXHIBITS FOR THE GENERAL PUBLIC. THE COLLECTIONS ARE OPEN FREE OF CHARGE TO THE GENERAL PUBLIC ON MULTIPLE DAYS OF THE WEEK FOR VIEWING AND RESEARCH. THE SOCIETY ALSO UNDERTAKES RESEARCH TO HELP THOSE SEEKING INFORMATION. THE SOCIETY HAS A FINE REPUTATION AS A RESEARCH FACILITY. THE SOCIETY PROMOTES INTEREST IN ITS COLLECION BY MAINTAINING A WEBSITE, REGULARLY SUBMITTING HISTORICAL ARTICLES TO THE LOCAL NEWSPAPER, CREATING AND SELLING HISTORICAL BOOKS AND MAPS, ISSUING SEVERAL NEWSLETTERS PER YEAR, ENCOURAGING SCHOOL VISITS AND PRESENTING SPEAKERS ON LOCAL HISTORICAL SUBJECTS. SCHEDULE D, PART V, LINE 4 - THE ENDOWMENT FUND IS MAINTAINED TO GENERATE INCOME TO SUBSIDIZE A PORTION OF THE ANNUAL BUDGET AND TO PROVIDE A SOURCE OF FUNDS TO ALLEVIATE UNANTICIPATED AND SEVERE FINANCIAL HARDSHIP ON THE ORGANIZATION.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE COMPLETED FORM 990 IS REVIEWED BY THE SOCIETY'S PRESIDENT AND TREASURER PRIOR TO FILING. IT IS AVAILABLE FOR REVIEW BY INDIVIDUAL BOARD MEMBERS FOLLOWING THE DATE THE FORM 990 IS FILED. ANY COMMENTS OR SUGGESTIONS ARE BROUGHT TO THE ATTENTION OF THE PREPARER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ORGANIZING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION AT THE SOCIETY'S OFFICE DURING NORMAL BUSINESS HOURS.
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