Section Navigation

Statement of Activities 2006

STATEMENT OF ACTIVITIES
For the year ending December 31, 2006


OPERATING REVENUE, GAINS & OTHER SUPPORT
Contributions, grants and memberships received $ 1,169,453
Change in contributions receivable 122,053
Events 604,058
Merchandise and other revenues 18,744
Investment income 812,124
Investment expense (48,856)
Gain on sale of equipment 114

TOTAL OPERATING REVENUE, GAINS & OTHER SUPPORT $ 2,677,672

OPERATING EXPENSES
Program Services
Resource preservation & protection $ 1,538,826
Education and outreach 360,487
Total Program Services $ 1,899,313
Supporting Services
Development, fundraising and membership $ 266,306
Management and general 167,534
Total Supporting Services $ 433,840

TOTAL OPERATING EXPENSES $ 2,333,153

CHANGE IN NET ASSETS FROM OPERATIONS $ 344,519

NON-OPERATING GAIN (LOSS)
Investment Income $1,233,626
Loss on sale of contributed securities (192)
TOTAL NON-OPERATING GAIN $ 1,233,434

TOTAL CHANGE IN NET ASSETS $1,577,953

NET ASSETS
Beginning of year $ 18,170,759
End of year $ 19,748,712

 

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 6.4%.
An independent auditor’s report is available upon request.

 

GRANTS TO ACADIA NATIONAL PARK
2006graphs
Acadia Trails Forever – Trail Maintenance 270,000
Carriage Road Maintenance 270,000
Acadia Youth Conservation Corps 57,783
Volunteer Program 37,785
L.L. Bean Kids in Acadia 23,425
L.L. Bean Research Fellowships 18,529
Ridge Runners 18,242
Acadia Winter Trails Association 19,313
Easement Monitoring Consultant & Intern 17,988
Junior Ranger Program 15,000
Take Pride in Acadia Day & National Trails Day 9,054
Wild Gardens of Acadia Intern 7,357
Vascular Plant Study 6,833
Mounted Horse Patrol Program 6,500
Acadia National Park Interns 5,023
Cultural Landscape Report 4,040
Peregrine Falcon & Hawk Watch Programs 3,900
Carriage Road Bike Film 2,500
Miscellaneous Acadia National Park Projects 1,951
Acadia National Park Training & Travel 1,843
Friends of Schoodic 1,772
Wheelchair Accessible Carriages 853
Acadia National Park Curator Wages 500
Sign Language Interpreters 325
National Trails Day 65
Park Pass Contest Award 50
TOTAL ANP GRANTS $800,631

 


OTHER GRANTS
Island Explorer Propane Bus System 254,411
Acadia Adventures: Family Fun Day 2,784
Earth Day 2,669
Acadia Gateway Center 2,157
BioDiversity Research Institute-Loon Study 1,000
Hancock County Planning Commission-Acadia Byway 1,000
Village Connector Trails 619
Founders Day 1,104
Acadia Wildlife Foundation 500
MDI Search & Rescue 500
MDI Water Quality Coalition 500
Friends of Acadia Book Project 313
MaineWatch Institute 250
MDI Tomorrow 191
Southwest Harbor Beautification Committee 150
Southwest Harbor Tree Fund 100
TOTAL OTHER GRANTS $267,144

TOTAL ALL GRANTS $1,067,775

 

1997 1998 1999 2000 2001
TOTAL OPERATING REVENUE 840,001 1,070,627 8,815,755 2,030,952 1,594,443
FUNDRAISING EXPENSES 48,251 59,448 202,338 177,271 151,927
FUNDRAISING AS A % OF TOTAL REVENUE 5.74% 5.55% 2.30% 8.73% 9.53%

 

2002 2003 2004 2005 2006 Total
TOTAL OPERATING REVENUE 1,330,302 2,205,336 2,772,498 2,677,318 2,677,672 $26,014,904
FUNDRAISING EXPENSES 134,679 150,141 216,711 244,768 266,306 $1,651,786
FUNDRAISING AS A % OF TOTAL REVENUE 10.12% 6.81% 7.82% 9.14% 9.95% 6.4%


All figures are derived from audited financials, not IRS Form 990.