Civic Intelligence

Gateway Milbridge

990EZ • Fiscal year 2018 • EIN 37-1793807

Jul 01, 2017 to Jun 30, 2018 • Filed on Sep 13, 2018

P O Box 62Milbridge, ME 04658

(404) 580-4630

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$227,842

Up $147,194 (+183%) from 2017

Net Assets

Up

$225,963

Up $145,315 (+180%) from 2017

Liabilities

Up

$1,879

Up $1,879 from 2017

Revenue And Expenses

Revenue

Up

$174,542

Up $71,693 (+70%) from 2017

Expenses

Down

$29,227

Down $12,345 (-30%) from 2017

Net Income

Up

$145,315

Up $84,038 (+137%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2017: $80,648Liabilities 2017: $0Net Assets 2017: $80,6482017Assets 2018: $227,842Liabilities 2018: $1,879Net Assets 2018: $225,9632018Assets 2019: $327,217Liabilities 2019: $6,825Net Assets 2019: $320,3922019Assets 2020: $500,789Liabilities 2020: $412Net Assets 2020: $500,3772020Assets 2021: $699,996Liabilities 2021: $856Net Assets 2021: $699,1402021Assets 2022: $914,127Liabilities 2022: $0Net Assets 2022: $914,1272022Assets 2023: $1,111,566Liabilities 2023: $0Net Assets 2023: $1,111,5662023Assets 2024: $1,053,643Liabilities 2024: $690Net Assets 2024: $1,052,9532024

Highlighted filing

2018

Assets$227,842
Liabilities$1,879
Net Assets$225,963

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2017: $102,849Expenses 2017: $41,572Net Income 2017: $61,2772017Revenue 2018: $174,542Expenses 2018: $29,227Net Income 2018: $145,3152018Revenue 2019: $126,024Expenses 2019: $31,595Net Income 2019: $94,4292019Revenue 2020: $203,401Expenses 2020: $23,416Net Income 2020: $179,9852020Revenue 2021: $210,906Expenses 2021: $12,143Net Income 2021: $198,7632021Revenue 2022: $249,994Expenses 2022: $35,007Net Income 2022: $214,9872022Revenue 2023: $229,038Expenses 2023: $38,714Net Income 2023: $190,3242023Revenue 2024: $276,725Expenses 2024: $284,996Net Income 2024: -$8,2712024

Highlighted filing

2018

Revenue$174,542
Expenses$29,227
Net Income$145,315
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Sep 13, 2018
Return Version
2017v2.2
Gross Receipts
$179,219
Mission and Program Overview

Mission

To assist with a downtown revitalization effort for Milbridge through a variety of community focused projects including an emphasis on reopening the Milbridge Theatre as a full service Theatre and Community Arts Center.

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
SEE SCHEDULE O--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RICHARD BONDURANTChairperson-$0--
CATHY CHIPMANVice Chairperson-$0--
CINDY VILLANUEVASecretary-$0--
MINDY LEIGHTONTreasurer-$0--
DAVID PINKHAMTrustee-$0--
LEWIS PINKHAMTrustee-$0--
ELAINE MATHIASONTrustee-$0--
RHONDA PINKHAMTrustee-$0--
JAN ROSSITrustee-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Various$30,313$30,313$4,677$25,636
Total Events$30,313$30,313$4,677$25,636
Filing and Contact Details

Filer

Filer Name
Gateway Milbridge
EIN
37-1793807
Address
P O BOX 62, Milbridge, ME 04658

Signing Officer

Name
Richard Bondurant
Title
Chairperson
Phone
4045804630
Signed
2018-09-13
Discuss with paid preparer
No

Preparer

Firm
Facts & Figures Inc
Address
4603 DAYTON BLVD, Chattanooga, TN 37415
Preparer
Ronald Schlumper
Phone
4048492047
Supplemental Narrative

Additional Explanations

General explanation attachment

Primary exempt purpose:gateway milbridges is a non-profit 501(c)3 designated organization to assist with a downtown revitalization effort for milbridge through a variety of community focused projects including an emphasis on rebuilding and reopening the milbridge theatre as a modern, full service theatre and community arts center. Program service accomplishment:rebuilding and reopening the milbridge theatre as a modern, full-service theatre and community arts center providing a flexible venue and community gathering space for live performances, movies and educational programming. We operate a newly constructed outdoor stage on the site of the theatre featuring movies and live music performances free of charge to the public, have an ongoing downtown beautifucation project where we manage 20 commercial size flower planters along our towns main street, organize our communitys annual holidays on main street event, and organize our towns annual civic celebration, milbridge days. These activities serve a population of 18,000 in an area from ellsworth, maine to lubec, maine.

Description of other expenses Part I line 16

Description AmountDepreciation from 4562 1,701INSURANCE 2,308PROGRAMMING 532TAXES 1,301MILBRIDGE DAYS COSTS 5,347FILINGS 550MISCELLANEOUS 433WEB HOSTING 348MARKETING 4,913CREDIT CARD PROCESSING 400OFFICE SUPPLIES 1,671BANK FEES 41ORGANIZATIONAL MEMBERSHIPS 206

Description of other assets Part II line 24

Category Beginning of Year End of YearASSETS NOT YET IN SVC-BLDG LAN 50,696 50,696ASSETS NOT YET IN SVC-DEMO CON 9,000 29,840EQUIPMENT LESS ACCUM DEPR 0 20,232

Description of total liabilities Part II line 26

Category Beginning of Year End of YearACCOUNTS PAYABLE 0 1,879

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRIMARY EXEMPT PURPOSE:GATEWAY MILBRIDGES IS A NON-PROFIT 501(C)3 DESIGNATED ORGANIZATION TO ASSIST WITH A DOWNTOWN REVITALIZATION EFFORT FOR MILBRIDGE THROUGH A VARIETY OF COMMUNITY FOCUSED PROJECTS INCLUDING AN EMPHASIS ON REBUILDING AND REOPENING THE MILBRIDGE THEATRE AS A MODERN, FULL SERVICE THEATRE AND COMMUNITY ARTS CENTER. PROGRAM SERVICE ACCOMPLISHMENT:REBUILDING AND REOPENING THE MILBRIDGE THEATRE AS A MODERN, FULL-SERVICE THEATRE AND COMMUNITY ARTS CENTER PROVIDING A FLEXIBLE VENUE AND COMMUNITY GATHERING SPACE FOR LIVE PERFORMANCES, MOVIES AND EDUCATIONAL PROGRAMMING. WE OPERATE A NEWLY CONSTRUCTED OUTDOOR STAGE ON THE SITE OF THE THEATRE FEATURING MOVIES AND LIVE MUSIC PERFORMANCES FREE OF CHARGE TO THE PUBLIC, HAVE AN ONGOING DOWNTOWN BEAUTIFUCATION PROJECT WHERE WE MANAGE 20 COMMERCIAL SIZE FLOWER PLANTERS ALONG OUR TOWNS MAIN STREET, ORGANIZE OUR COMMUNITYS ANNUAL HOLIDAYS ON MAIN STREET EVENT, AND ORGANIZE OUR TOWNS ANNUAL CIVIC CELEBRATION, MILBRIDGE DAYS. THESE ACTIVITIES SERVE A POPULATION OF 18,000 IN AN AREA FROM ELLSWORTH, MAINE TO LUBEC, MAINE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountDepreciation from 4562 1,701INSURANCE 2,308PROGRAMMING 532TAXES 1,301MILBRIDGE DAYS COSTS 5,347FILINGS 550MISCELLANEOUS 433WEB HOSTING 348MARKETING 4,913CREDIT CARD PROCESSING 400OFFICE SUPPLIES 1,671BANK FEES 41ORGANIZATIONAL MEMBERSHIPS 206
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearASSETS NOT YET IN SVC-BLDG LAN 50,696 50,696ASSETS NOT YET IN SVC-DEMO CON 9,000 29,840EQUIPMENT LESS ACCUM DEPR 0 20,232
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Category Beginning of Year End of YearACCOUNTS PAYABLE 0 1,879
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of total liabilities Part II line 26
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