funder logo

Senator George J Mitchell Scholarship Research Institute

Senator George J Mitchell Scholarship Research Institute

Portland, ME, US
501(c)(3)
EIN
01-0523390
funder logo

Senator George J Mitchell Scholarship Research Institute

Portland, ME, US
501(c)(3)
EIN
01-0523390

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$3,869,286

Contributions
56%
Investments
35%
Fundraising Events
7%
Other
2%
Government Grants
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$3,429,168

Grants
56%
Salaries & Benefits
27%
Fees to Service Providers
7%
Offices, Occupancy & IT
6%
Other
3%
Advertising & Promotion
<1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,702,285
$2,167,975
+27%
Government Grants
$0
$0
-
Fundraising Events
$216,734
$282,245
+30%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$1,269,197
$1,352,360
+7%
Other
$3,070,700
$66,706
-98%
Total Revenues
$6,258,916
$3,869,286
-38%
Expenses
2023
2024
Change
Grants
$1,653,033
$1,923,738
+16%
Benefits to Members
$0
$0
-
Salaries & Benefits
$996,397
$934,462
-6%
Fees to Service Providers
$213,077
$242,761
+14%
Advertising & Promotion
$10,426
$19,647
+88%
Offices, Occupancy & IT
$208,625
$211,470
+1%
Interest
$0
$0
-
Depreciation
$14,511
$10,731
-26%
Other
$79,573
$86,359
+9%
Total Expenses
$3,175,642
$3,429,168
+8%
Net income
2023
2024
Change
Net income
+$3,083,274
+$440,118
-86%
Functional Expenses
Summary
2023
2024
Change
Program
$2,698,210
$2,925,866
+8%
Admin
$305,384
$331,108
+8%
Fundraising
$172,048
$172,194
+0%
Total Expenses
$3,175,642
$3,429,168
+8%
Income Statement
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