Public Charity

MARGINAL WAY PRESERVATION FUND

MARGINAL WAY PRESERVATION FUND, of OGUNQUIT, ME, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $1.0M in revenue, $292K in expenses, $4.3M in total assets. 18 publicly reported grants to this organization, totaling roughly $441K, appear in IRS filings.

EIN: 010957572 OGUNQUIT, ME Latest filing: 2024
Total Revenue$1.0M
Total Expenses$292K
Total Assets$4.3M
Grant Records18
Funding Total$441K
Filing Years2020–2024

Mission

THE MARGINAL WAY PRESERVATION FUND IS A NON-PROFIT ORGANIZATION THAT RAISES MONEY TO FUND AN ENDOWMENT WHOSE MISSION IT IS TO FUND PROJECTS TO REPAIR, PRESERVE AND BEAUTIFY THE SCENIC COASTAL WALKWAY LOCATED IN THE TOWN OF OGUNQUIT, MAINE, MORE PARTICULARLY KNOWN AS THE MARGINAL WAY. THE MARGINAL WAY WAS OFFICIALLY PLACED ON THE NATIONAL REGISTER OF HISTORIC PLACES BY THE UNITED STATES DEPARTMENT OF THE INTERIOR ON MARCH 23, 2022, AND IS VISITED BY HUNDREDS OF THOUSANDS OF PEOPLE EACH YEAR WHO WALK THE PATH.

Officers & Directors

EXECUTIVE DI Allison Ramsey
SECRETARY Barbara O'leary
VICE PRESIDE Bill Sawyer
PRESIDENT Charlie Hindmarsh
BOARD MEMBER Charlie Smith
TREASURER Christopher Mello

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$321,019 8 grants
GENERAL SUPPORT
$42,770 3 grants
ENVIRONMENTAL AND ANIMALS
$21,100 2 grants
UNRESTRICTED GENERAL SUPPORT
$20,000 2 grants
ENVIRONMENT & ANIMAL PROTECTION
$16,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.0M $292K $4.3M
2023 $754K $318K $3.5M
2022 $704K $201K $2.8M
2021 $847K $180K $2.6M
2020 $372K $148K $1.7M

Between 2020 and 2024, reported annual revenue grew from $372K to $1.0M (+175%), with total assets most recently reported at $4.3M.

Interactive year-over-year charts and full filing details available with membership.

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