Section Navigation

Statement of Activities 2008

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
2008graphs
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

 

1999 2000 2001 2002 2003
TOTAL OPERATING REVENUE 8,815,755 2,030,952 1,594,443 1,330,302 2,205,336
FUNDRAISING EXPENSES 202,338 177,271 151,927 134,679 150,141
FUNDRAISING AS A % OF TOTAL REVENUE 2.30% 8.73% 9.53% 10.12% 6.81%

 

2004 2005 2006 2007 2008 Total
TOTAL OPERATING REVENUE 2,772,498 2,477,318 2,677,672 4,231,123 2,771,426 $30,906,825
FUNDRAISING EXPENSES 216,711 244,768 266,306 386,416 355,985 $2,286,488
FUNDRAISING AS A % OF TOTAL REVENUE 7.82% 9.88% 9.95% 9.13% 12.84% 7.40%


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