FORT KENT HISTORICAL SOCIETY

EIN: 010386599 501(c)(3) Arts, Culture & Humanities

FORT KENT, ME

Total Revenue
$89,545
Total Expenses
$17,053
Total Assets
$581,646
Net Assets
$581,646
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1924
Principal Officer
JAMES THIBODEAU
Phone
2078346098
Tax Period
2024-11-01 to 2025-10-31

FORT KENT HISTORICAL SOCIETY, founded in 1924, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $90K in total revenue in fiscal year 2024. Revenue surged 155% from the prior year, signaling strong growth momentum. The organization ran a surplus of $72K, a strong 81% operating margin.

Mission

THE OBJECTIVES OF FORT KENT HISTORICAL SOCIETY (FKHS) IS TO DISCOVER AND COLLECT ALL MATERIALS THAT HELP TO ESTABLISH AND ILLUSTRATE THE HISTORY, CULTURE AND TRADITIONAL ARTS OF FORT KENT, MAINE. WE SERVE PEOPLE OF ALL AGES THAT COME TO TOUR OUR MUSEUM FACILITIES. FOUNDED IN 1925 BY PAUL D THIBODEAU THE FORT KENT HISTORICAL SOCIETY IS AGGRESSIVELY COLLECTING CULTURAL MATERIALS OF THE GREATER FORT KENT AREA. WE HAVE HUGE PHOTO COLLECTIONS, SCRAPBOOKS, ORAL HISTORIES, DOCUMENTS AND BOOKS THAT WE USE TO DISSEMINATE OUR HISTORY WITH EXHIBITS AND DISPLAYS WE COMBINE ALL THESE ELEMENTS TO PROVIDE INFORMATIVE AND ACCURATE INTERPRETATION OF OUR CULTURE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $89,496
Program Service Revenue $0
Investment Income $49
Other Revenue $0
TOTAL REVENUE $89,545

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $17,053
Other Expenses $17,053
TOTAL EXPENSES $17,053

Year-over-Year Comparison

2024 2023 Change
Revenue $89,545 $35,098 +1.6%
Expenses $17,053 $22,162 -0.2%
Net Income $72,492 $12,936 +4.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MONICA CYR BOARD MEMBER 1.00
Director
$0 $0 $0
PATRICK LACROIX BOARD MEMBER 1.00
Director
$0 $0 $0
LARRY MURPHY BOARD MEMBER 1.00
Director
$0 $0 $0
BEN PARADIS BOARD MEMBER 1.00
Director
$0 $0 $0
CHAD PELLETIER HISTORIAN/CU 1.00
Director
$0 $0 $0
RITA PELLETIER BOARD MEMBER 1.00
Director
$0 $0 $0
SUSAN TARDIE SECRETARY 1.00
Officer Director
$0 $0 $0
KRIS MALMBORG VICE-PRESIDE 1.00
Officer
$0 $0 $0
DANNY NICHOLAS BOARD MEMBER 1.00
Officer
$0 $0 $0
JAMES THIBODEAU PRESIDENT 1.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $89,545 $17,053 $581,646 $72,492
2024 $35,098 $22,162 $509,154 $12,936
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