Skip to main content

Nonprofit · EIN 01-0359164

GRAND BANKS SCHOONER MUSEUM TRUST

Tax-exempt · BOOTHBAY HBR, ME 04538

Financials

$74K$67K2023$35K$63K2024
Revenue Expenses · by fiscal year end
Financials of GRAND BANKS SCHOONER MUSEUM TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$35,350$62,925-$27,575$411,666$0$411,666
December 31, 2023990-PF$74,396$67,464$6,932$439,241$0$439,241
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$35,350

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$13,000
Salaries, compensation and benefits (total)
$12,000
Disbursements for charitable purposes
$59,846

Balance sheet and other

Total assets, start of year
$439,241
Total assets, end of year
$411,666
Total liabilities, end of year
$0
Net assets, end of year
$411,666
Fair market value of assets
$411,666
Qualifying distributions
$59,846

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
ROBERT RYAN
25 ROADS END, BOOTHBAY HARBOR, ME 04538
TRUSTEE10$13,000
JAY HENDERSON
25 ROADS END, BOOTHBAY HARBOR, ME 04538
TRUSTEE1$0
GEORGE MCEVOY
25 ROADS END, BOOTHBAY HARBOR, ME 04538
TRUSTEE1$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
ROBERT RYAN
370 MAIN STREET, WORCESTER, MA 01608
TRUSTEE10$12,000
JAY HENDERSON
370 MAIN STREET, WORCESTER, MA 01608
EXEUTIVE TRUSTEE1$0
GEORGE MCEVOY
370 MAIN STREET, WORCESTER, MA 01608
TRUSTEE1$0

Address and contacts

Address (IRS master file)
25 ROADS END RD, BOOTHBAY HBR, ME 04538-2237
In care of
% PAM NADEAU
Signed the 990-PF
ROBERT RYAN, EXECUTIVE DIRECTOR
Phone
(207) 350-0370
Return prepared by
WIPFLI ADVISORY LLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
01-0359164
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private operating foundation (exempt from paying excise taxes)
Donations deductible (Pub 78)
Private operating foundation, 50% limit
Exempt since
1978
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$411,666
Income (IRS master file)
$35,350

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$35,350$62,925$411,666IRS
990-PFDecember 2023$74,396$67,464$439,241XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 01-0359164).

Questions about GRAND BANKS SCHOONER MUSEUM TRUST

What is the EIN of GRAND BANKS SCHOONER MUSEUM TRUST?
The employer identification number (EIN) of GRAND BANKS SCHOONER MUSEUM TRUST is 01-0359164.
Is GRAND BANKS SCHOONER MUSEUM TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
Are donations to GRAND BANKS SCHOONER MUSEUM TRUST tax-deductible?
Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
Which annual return does GRAND BANKS SCHOONER MUSEUM TRUST file?
Form 990-PF. Private foundations file every year.
When is the next return of GRAND BANKS SCHOONER MUSEUM TRUST due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GRAND BANKS SCHOONER MUSEUM TRUST last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of GRAND BANKS SCHOONER MUSEUM TRUST?
The 990-PF for the year ended December 31, 2024 lists 3 people; 1 received compensation from the organization, the highest $13,000 (ROBERT RYAN, TRUSTEE).
How much revenue does GRAND BANKS SCHOONER MUSEUM TRUST have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $35,350, expenses of $62,925 and total assets of $411,666 at year end.

Other nonprofits in BOOTHBAY HBR

All nonprofits in BOOTHBAY HBR · Maine