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Maine · Nonprofit

FRIENDS OF THE STRAND THEATRE INC

FRIENDS OF THE STRAND THEATRE INC (Maine) receives grants from 28 organizations whose IRS filings report $812,113 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($203,375). 17 of them have funded it in more than one year.

Revenue FY2025
$1.1M
Funders on record
28
Grants received
$812k
Net assets
$613k
17/28 repeat funderspeak grant-dependency 16%
01What it does

What Friends of the Strand Theatre Inc does

Mission

The primary purpose of the corporation is to own and operate the strand theater in rockland maine for educational purposes. The organization will: make available cultural and creative events and traditional theater; promote and advance shared cultural and creative experiences in the community; enhance the quality of life by preserving and maintaining the strand theatre as a historic and valuable community asset; and engage in any other lawful activity that may be authorized by the board of directors that is consistent with section 501(c)(3).

As stated on its FY2025 Form 990.

Program

  1. The friends of the strand theatre, inc. Owns, maintains, and operates the strand theatre for the benefit of the local community of film, music, theater, and arts supporters. The theater offers a year-round program of film, live music and other special events; the theaters diverse programming shows its commitment to serving the needs of the local community. The strand's education program provides free arts programming to local students. These programs include live performances of music, theatre, and dance at the strand; virtual and in-person classroom visits from professional artists; arts learning workshops; film and hd event screenings; and historical tours of the theater. We also make low or no cost tickets available to students of any age for our regularly scheduled programs, including films, met opera broadcasts, nt live broadcasts, and live performances. Organizations throughout the community rent the strand to hold their fundraisers and other events. The friends of the strand theatre subsidizes these events by offering special discounted rates to non-profit organizations in order to support their events and fundraising efforts, and also to provide a venue on main street…

    $824,368 spent$352,052 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $824,368.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($788k) Expenses 100 ($837k) Net assets 100 ($504k)2018 Revenue 94 ($739k) Expenses 93 ($776k) Net assets 94 ($474k)2019 Revenue 99 ($783k) Expenses 97 ($815k) Net assets 88 ($442k)2020 Revenue 119 ($942k) Expenses 89 ($746k) Net assets 127 ($642k)2021 Revenue 85 ($674k) Expenses 57 ($480k) Net assets 174 ($878k)2022 Revenue 126 ($992k) Expenses 93 ($781k) Net assets 201 ($1.0M)2023 Revenue 98 ($775k) Expenses 124 ($1.0M) Net assets 149 ($753k)2024 Revenue 109 ($862k) Expenses 126 ($1.1M) Net assets 112 ($563k)2025 Revenue 136 ($1.1M) Expenses 123 ($1.0M) Net assets 122 ($613k)
'17'18'19'20'21'22'23'24'25
Revenue (136)Expenses (123)Net assets (122)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $1.0M to $782k (−25%).

$556k
$532k
$541k
$697k
$943k
$1.0M
$782k
$718k
$667k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 7% · 2021 24% · 2022 42% · 2023 1%. Grants only. Government contracts and fees sit inside program revenue.

57% of FRIENDS OF THE STRAND THEATRE INC’s revenue is contributions — about as donation-reliant as the typical peer (63% for the typical peer).

This organization
Typical peer · 5,377 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

−$49k
’17
−$37k
’18
−$32k
’19
$196k
’20
$193k
’21
$211k
’22
−$268k
’23
−$195k
’24
$40k
’25
0.8
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24'25
Listed81111101212151212
Joined·+3+1+1+2+0+3+1+0
No longer listed·01200040
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 13 funders, grant income rose $7k → $99k.

8 of 28 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 47% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of FRIENDS OF THE STRAND THEATRE INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

FRIENDS OF THE STRAND THEATRE INC has a broad base — no single funder exceeds 25% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

52% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FRIENDS OF THE STRAND THEATRE INC.

25%
largest funder
58%
top three
~7
effective funders

Largest funder’s share by year: 2017 71% · 2018 32% · 2019 36% · 2020 26% · 2021 27% · 2022 26% · 2023 25% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

64% of FRIENDS OF THE STRAND THEATRE INC's funders are still giving 3 years after their first grant; 61% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

61% of FRIENDS OF THE STRAND THEATRE INC's grant income comes from Maine funders.

ME
MI
MA
OH
PA
DE
NC
OK
TX

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Maine out of state home

Funder states come from each funder’s own filing. $382k arriving through sponsors registered in 7 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

FRIENDS OF THE STRAND THEATRE INC's funding base is broadening — from 2 funders to 13 as grant income climbed.

Operating margin4% · below the median
Months of reserve0.8mo · bottom quartile
Revenue growth (annualized)4% · below the median

this organization peer median middle 50% of peers· 3,230 arts & culture nonprofits $1M–$10M, FY2025

Organizations like FRIENDS OF THE STRAND THEATRE INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Maine

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

80% of spending goes to programs.

Program 80%Management 10%Fundraising 10%

Governance

12
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990–Audited financials

Public support

80%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for FRIENDS OF THE STRAND THEATRE INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FRIENDS OF THE STRAND THEATRE INC?
FRIENDS OF THE STRAND THEATRE INC (Maine) receives grants from 28 organizations whose IRS filings report $812,113 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($203,375). 17 of them have funded it in more than one year.
How many funders does FRIENDS OF THE STRAND THEATRE INC have?
IRS filings report 28 organizations giving $812,113 in grants to FRIENDS OF THE STRAND THEATRE INC, 17 of which have funded it in more than one year.
Who is the largest funder of FRIENDS OF THE STRAND THEATRE INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $203,375 in grants. The full list of funders is on this page.
How can an organization like FRIENDS OF THE STRAND THEATRE INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Maine. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Friends of the Strand Theatre →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 28 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing