STATEMENT OF ACTIVITIES
For the year ending December 31, 2008

OPERATING REVENUE, GAINS & OTHER SUPPORT
Contributions, grants and memberships received	$ 1,957,447
Change in contributions receivable	(358,547)
Events	428,588
Merchandise and other revenues	31,740
Investment interest and dividends, net of expense	392,353
Net investment gain	319,845
TOTAL OPERATING REVENUE, GAINS & OTHER SUPPORT	$ 2,771,426
OPERATING EXPENSES
Program Services
Resource preservation & protection	$ 1,213,992
Donation of Land	1,772,140
Education and outreach	328,692
Total Program Services	$ 3,314,824
Supporting Services
Development, fundraising and membership	$ 355,985
Management and general	162,547
Total Supporting Services	$ 518,532
TOTAL OPERATING EXPENSES	$ 3,833,356
CHANGE IN NET ASSETS FROM OPERATIONS	$(1,061,930)
NON-OPERATING GAIN (LOSS)
Net investment loss	(5,176,267)
TOTAL NON-OPERATING LOSS	$ (5,176,267)
TOTAL CHANGE IN NET ASSETS	$(6,238,197)
NET ASSETS
Beginning of year	$ 21,725,166
End of year	$ 15,486,969
NOTES TO FINANCIAL STATEMENTS Friends of Acadia is a nonprofit, tax exempt organization under Section 501(c)(3) of the Internal Revenue Code, a publicly supported organization as defined by Section 170(b) A-6. Contributions are tax deductible to the extent provided by law. The ten-year average of fundraising cost is 7.40%. An independent auditor's report is available upon request.

GRANTS TO ACADIA NATIONAL PARK
Carriage Road Maintenance	210,000
ATF - Trail Maintenance	60,789
L.L.Bean Kids in Acadia	40,825
Volunteer Program	40,342
ATF - Accessible Trails	39,211
AYCC	32,145
L.L.Bean Research Fellowships	23,475
Ridge Runners	21,150
Wild Gardens of Acadia Intern	19,664
Easement Monitoring and Intern	14,685
Vascular Plant Field Guide	13,325
Acadia Winter Trails	10,245
Night Sky Initiative	9,500
Invasive Plant Eradication	9,000
Mounted Horse Patrol Program	7,000
Misc. ANP Projects	4,815
Take Pride in Acadia Day	4,258
Recreation Intern	3,764
Peregrine Falcon & Hawk Watch	3,500
Sign Language Interpreters	1,275
Acadia Quest	1,044
Schoodic Volunteers	998
ANP - Firefighter Training	677
National Trails Day	156
Park Pass Award	50
TOTAL ANP GRANTS	$571,893

OTHER GRANTS
Acadia Land Legacy - Grants and Donation of Land	1,728,720
Island Explorer Propane Bus System	209,354
ATF - Village Connector Trails	62,822
Family Fun Day	6,922
Schoodic Initiative	4,770
Somes-Meynell Wildlife Sanctuary - Loon Mgmt.	2,000
MDI Marathon Transportation Cost Sponsor	1,050
Acadia Gateway Center	1,003
Earth Day Roadside Clean-Up	609
Acadia Wildlife Foundation	500
Frenchman Bay Conservancy	500
Bar Harbor Ferry Bike Rack	300
Stanley Grierson Nature Foundation	250
Southwest Harbor Tree Fund	150
TOTAL OTHER GRANTS	$2,018,950
TOTAL ALL GRANTS	$2,590,843