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Nonprofit · EIN 26-1473502

SAIL POWER AND STEAM MUSEUM

Tax-exempt · ROCKLAND, ME 04841

Financials

$389K$212K2021$1.6M$467K2022$582K$546K2023$704K$704K2024
Revenue Expenses · by fiscal year end
Financials of SAIL POWER AND STEAM MUSEUM by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$704,267$704,048$219$3,021,446$292,385$2,729,061
December 31, 2023990$581,618$546,391$35,227$3,043,274$314,432$2,728,842
December 31, 2022990$1,646,836$467,054$1,179,782$2,960,788$267,173$2,693,615
December 31, 2021990 (amended)$389,279$211,573$177,706$1,955,522$288,772$1,666,750
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$142,651
Membership dues
$10,742
Program service revenue
$267,367
Investment income
$39,135
Net rental income
$252,894
Net gain from sales of assets
$29,417
Net income from sales of inventory
$451
Other revenue
$255,114

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$67,500
Other salaries and wages
$220,619
Salaries, compensation and benefits (total)
$314,359
Professional fundraising fees
$0
Legal fees
$546
Accounting fees
$21,945
Occupancy
$79,243
Travel
$2,451
Depreciation
$66,577
Program services (functional)
$494,125
Management and general (functional)
$183,891
Fundraising (functional)
$26,032

Balance sheet and other

Total assets, start of year
$3,043,274
Total assets, end of year
$3,021,446
Total liabilities, end of year
$292,385
Net assets, end of year
$2,729,061
Land, buildings and equipment
$2,624,764
Net assets without donor restrictions
$2,692,036
Net assets with donor restrictions
$37,025
Gross unrelated business income
$8,170
Gross receipts
$830,501
Employees
13
Volunteers
20
Year formed
2007
State of legal domicile
ME

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Diane R McIntoshExecutive Director40$67,500
James SharpChairman
Trustee or director, Officer
10$0
Richard CrossmanVice Chairman
Trustee or director, Officer
0$0
Kevin BedfordSecretary
Trustee or director, Officer
0$0
Peter OrneTreasurer
Trustee or director, Officer
0$0
Ken BarnesDirector
Trustee or director
0$0
Jim BowditchDirector
Trustee or director
0$0
David DoubDirector
Trustee or director
0$0
Clyde Holmes IIIDirector
Trustee or director
0$0
James GencoDirector
Trustee or director
0$0
George OrestisDirector
Trustee or director
0$0
Meg SharpDirector
Trustee or director
5$0
Robert WilliamsDirector
Trustee or director
0$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensation
Diane R McIntoshExecutive Director40$66,290
James SharpChairman
Trustee or director, Officer
10$0
Richard CrossmanVice Chairman
Trustee or director, Officer
0$0
Jesse RutterSecretary
Trustee or director, Officer
0$0
Peter WhitmanTreasurer
Trustee or director, Officer
0$0
Ken BarnesDirector
Trustee or director
0$0
Jim BowditchDirector
Trustee or director
0$0
David DoubDirector
Trustee or director
0$0
Chip HolmesDirector
Trustee or director
0$0
Marti MayneDirector
Trustee or director
0$0
George OrestisDirector
Trustee or director
0$0
Mark SiegenthalerDirector
Trustee or director
0$0
Meg SharpDirector
Trustee or director
5$0
Robert WilliamsDirector
Trustee or director
0$0
990 for the year ended December 31, 2022: 15 people
NameTitleHours / weekCompensation
Diane R McIntoshExecutive Director40$57,932
James SharpChairman
Trustee or director, Officer
10$0
Richard CrossmanVice Chairman
Trustee or director, Officer
0$0
Jesse RutterSecretary
Trustee or director, Officer
0$0
Peter WhitmanTreasurer
Trustee or director, Officer
0$0
Ken BarnesDirector
Trustee or director
0$0
Jim BowditchDirector
Trustee or director
0$0
David DoubDirector
Trustee or director
0$0
Perry LoweDirector
Trustee or director
0$0
Marti MayneDirector
Trustee or director
0$0
George OrestisDirector
Trustee or director
0$0
Mark SiegenthalerDirector
Trustee or director
0$0
Meg SharpDirector
Trustee or director
5$0
Tom NortonDirector
Trustee or director
0$0
Robert WilliamsDirector
Trustee or director
0$0
990 for the year ended December 31, 2021: 12 people
NameTitleHours / weekCompensation
Celia KnightDirector
Trustee or director
0$0
Mark SiegenthalerDirector
Trustee or director
0$0
George OrestisDirector
Trustee or director
0$0
Marti MayneDirector
Trustee or director
0$0
Robert Williams JrDirector
Trustee or director
0$0
Margaret G SharpDirector
Trustee or director
5$0
Ken BarnesDirector
Trustee or director
0$0
Jim BowditchDirector
Trustee or director
0$0
James W SharpPresident
Officer
10$0
Peter WhitmanTreasurer
Officer
0$0
Jesse RutterSecretary
Officer
0$0
Richard CrossmanVice President
Officer
0$0

Address and contacts

Address (IRS master file)
75 MECHANIC ST, ROCKLAND, ME 04841-3513
In care of
% FREDERICK T CROWLEY JR
Mailing address (990-N for 2008)
75 Mechanic Street, Rockland ME 04841
Principal officer (990-N for 2008)
James W Sharp, 798 Hidden River Road, Palm City FL 34990
Signed the 990
Peter Orne, Treasurer
Phone
(207) 596-0200
Return prepared by
ERICA HARRIMAN CPA LLC

Mission

To celebrate, honor, experience, and share the story of Maine's maritime heritage.

990 for the year ended December 31, 2024

Program accomplishments

  • Many programs are designed to be affordable or free and open to the public. Programs feature local historical and maritime educators focused on interactive, experiential learning. Many exhibits are "hands on," with items that can be handled and experienced.Programs are available for schools (or home school students) that can be personalized for the interests and age group visiting.Heritage Tours have been developed for larger adult groups (cruise ships and tour buses) which annually educate thousands of out of state and local visitors in our unique maritime heritage and its influence on Maine and the Midcoast today.Rockland's Harbor Trail has been given an easement through our property which allows public (pedestrian) access along Rockland's working waterfront - an area which once housed the Snow Marine Shipyard, one of our nation's most prolific boatyards in its time.Speaker series have been designed for accessibility - both in person and online.
    Expenses $494,125

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
26-1473502
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2008
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B90)
Assets (IRS master file)
$3,021,446
Income (IRS master file)
$830,501

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$704,267$704,048$3,021,446XML
990-TDecember 2024–––IRS
990December 2023$581,618$546,391$3,043,274XML
990-TDecember 2023–––IRS
990December 2022$1,646,836$467,054$2,960,788XML
990December 2021$389,279$211,573$1,955,522XML
990December 2020–––IRS
990-N for 2008
Officer: James W Sharp
December 31, 2008≤ $50,000 receipts––e-Postcard

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 26-1473502).

Questions about SAIL POWER AND STEAM MUSEUM

What is the EIN of SAIL POWER AND STEAM MUSEUM?
The employer identification number (EIN) of SAIL POWER AND STEAM MUSEUM is 26-1473502.
Is SAIL POWER AND STEAM MUSEUM tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to SAIL POWER AND STEAM MUSEUM tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SAIL POWER AND STEAM MUSEUM file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SAIL POWER AND STEAM MUSEUM 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 SAIL POWER AND STEAM MUSEUM last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SAIL POWER AND STEAM MUSEUM?
The 990-N for 2008 names James W Sharp.
Who are the officers and directors of SAIL POWER AND STEAM MUSEUM?
The 990 for the year ended December 31, 2024 lists 13 people; 1 received compensation from the organization, the highest $67,500 (Diane R McIntosh, Executive Director).
How much revenue does SAIL POWER AND STEAM MUSEUM have?
On its 990 for the year ended December 31, 2024 it reported revenue of $704,267, expenses of $704,048 and total assets of $3,021,446 at year end.

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