MAINE FEDERATION OF FARMERS MARKETS
MAINE FEDERATION OF FARMERS MARKETS
MAINE FEDERATION OF FARMERS MARKETS
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$1,761,673
Program Services
59%
Government Grants
30%
Contributions
10%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Expenses in 2024
$1,603,682
Other
38%
Grants
32%
Salaries & Benefits
21%
Advertising & Promotion
3%
Offices, Occupancy & IT
3%
Fees to Service Providers
2%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$234,412
$177,123
-24%
Government Grants
$333,698
$524,761
+57%
Fundraising Events
$0
$0
-
Program Services
$598,455
$1,044,522
+75%
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$2,007
$15,267
+661%
Total Revenues
$1,168,572
$1,761,673
+51%
Expenses
2023
2024
Change
Grants
$182,827
$507,381
+178%
Benefits to Members
$0
$0
-
Salaries & Benefits
$215,024
$341,972
+59%
Fees to Service Providers
$5,063
$35,857
+608%
Advertising & Promotion
$300
$52,695
+17465%
Offices, Occupancy & IT
$20,563
$49,258
+140%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$596,051
$616,519
+3%
Total Expenses
$1,019,828
$1,603,682
+57%
Net income
2023
2024
Change
Net income
+$148,744
+$157,991
+6%
Functional Expenses
Summary
2023
2024
Change
Program
$915,396
$1,489,422
+63%
Admin
$78,963
$73,358
-7%
Fundraising
$25,469
$40,902
+61%
Total Expenses
$1,019,828
$1,603,682
+57%
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