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Financials

Where do your generous contributions to MCHT go?

financials-2021--2022-08-24-1

Thank you for your interest in Maine Coast Heritage Trust. Listed below is a summary of our 2021 operating financial results. Here are the links to our 2021 Audited Financial Statements (PDF) and 2021 Form 990 (PDF). 

 

2021 Actuals
$ in Thousands
Program Revenue and Support:
Contributions:
Unrestricted (35%)$3,147
Restricted (23%)$2,063
Investments (38%)$3,399
Other Revenue (4%)$384
Total Program Revenue and Support$8,993
Program Function Expenditures:
Land Protection and Stewardship (71%)$5,737
Administration (11%)$910
Fundraising (13%)$1,077
Public Education and Outreach (5%)$441
Total Program Function Expenditures$8,165

Notes on Financial Information

Maine Coast Heritage Trust is a nonprofit, tax-exempt corporation under Section 501(c)(3) of the Internal Revenue Code, a publicly supported organization as defined in Section 170(b)(1)(A)(vi) and not a private foundation under Section 509(a). Contributions are tax deductible IRS TIN #23-7099105.

The audited financial statements and independent auditors’ report for 2021 were prepared by Berry Dunn, CPAs.