NORTH YARMOUTH HISTORICAL SOCIETY

EIN: 016046644 501(c)(3)

NORTH YARMOUTH, ME

Total Revenue
$69,512
Total Expenses
$44,667
Total Assets
$1,104,037
Net Assets
$1,054,033
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
ME
Principal Officer
MARY KATE MURPHY
Phone
2075952997
Tax Period
2024-01-01 to 2024-12-31

NORTH YARMOUTH HISTORICAL SOCIETY, founded in 1999, is a micro nonprofit that reported $70K in total revenue in fiscal year 2024. Revenue fell 50% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $25K, a strong 36% operating margin.

Mission

The purposes of this corporation are to collect, preserve and share the history of North Yarmouth (the area encompassed by the original settlement) as well as to promote interest and appreciation of the character of the present town of North Yarmouth and its old houses; to maintain, interpret and use appropriately the 1853 Town House; to work with Town officials to preserve, maintain and provide access to the historical records pertaining to the people of North Yarmouth; to do all acts necessary and convenient for the furtherance and promotion of the aforesaid purposes; to exist under the laws of the State of Maine as a corporation without capital stock and not for pecuniary profit.

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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 $68,782
Program Service Revenue $0
Investment Income $865
Other Revenue $-135
TOTAL REVENUE $69,512

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $34,704
Other Expenses $44,667
TOTAL EXPENSES $44,667

Year-over-Year Comparison

2024 2023 Change
Revenue $69,512 $139,540 -0.5%
Expenses $44,667 $42,656 +0.0%
Net Income $24,845 $96,884 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
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
2
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mary Kate Murphy President 8.00
Officer Director
$0 $0 $0
Barry Howgate Treasurer 0.50
Officer Director
$0 $0 $0
Sandy Burnell Member 3.00
Director
$0 $0 $0
Cathy Bunton Member 1.00
Director
$0 $0 $0
Sandy Greene Member 0.50
Director
$0 $0 $0
Dixie Hayes Member 2.00
Director
$0 $0 $0
Mark Heath Member 2.00
Director
$0 $0 $0
Joy Malloy Member 0.25
Director
$0 $0 $0
Linc Merrill Member 1.00
Director
$0 $0 $0
Julia Walters Member 0.25
Director
$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
2024 $69,512 $44,667 $1,104,037 $24,845
2023 $139,540 $42,656 $1,084,440 $96,884
2022 $252,732 $19,611 $982,380 $233,121
2021 $444,125 $3,741 $783,441 $440,384
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