STATEMENT OF ACTIVITIES
For the year ending December 31, 2007

OPERATING REVENUE, GAINS & OTHER SUPPORT
Contributions, grants and memberships received	$ 3,169,205
Change in contributions receivable	139,427
Events	517,143
Merchandise and other revenues	15,021
Investment interest and dividends, net of expense	482,253
Net investment gain	329,175
Loss on sale of land	(421,101)
TOTAL OPERATING REVENUE, GAINS & OTHER SUPPORT	$ 4,231,123
OPERATING EXPENSES
Program Services
Resource preservation & protection	$ 1,783,170
Education and outreach	313,521
Total Program Services	$ 2,096,691
Supporting Services
Development, fundraising and membership	$ 386,416
Management and general	157,377
Total Supporting Services	$ 543,793
TOTAL OPERATING EXPENSES	$ 2,640,484
CHANGE IN NET ASSETS FROM OPERATIONS	$ 1,590,639
NON-OPERATING GAIN (LOSS)
Investment dividends and interest	$239,630
Net investment gain	146,185
TOTAL NON-OPERATING GAIN	$ 385,815
TOTAL CHANGE IN NET ASSETS	$1,976,454
NET ASSETS
Beginning of year	$ 19,748,712
End of year	$ 21,725,166
NOTES TO FINANCIAL STATEMENTS Friends of Acadia is a nonprofit, tax exempt organization under Section 501(c)(3) of the Internal Revenue Code, a publicly supported organization as defined by Section 170(b) A-6. Contributions are tax deductible to the extent provided by law. The ten-year average of fundraising cost is 6.81%. An independent auditor's report is available upon request.

GRANTS TO ACADIA NATIONAL PARK
Carriage Road Maintenance	250,000
Acadia Trails Forever - Trail Maintenance	211,261
Acadia Youth Conservation Corps	57,763
Volunteer Program	38,681
Vascular Plant Study	27,487
L.L. Bean Research Fellowships	23,227
Ridge Runners	21,090
Easement Monitoring Consultant & Intern	19,897
L.L. Bean Kids in Acadia	10,000
Wild Gardens of Acadia Intern	8,945
Night Sky Initiative	7,500
Mounted Horse Patrol Program	7,000
Acadia Winter Trails	6,007
Take Pride in Acadia Day	5,694
TRecreation Intern	4,797
Peregrine Falcon & Hawk Watch Programs	4,000
Miscellaneous Acadia National Park Projects	972
Natioal Trails Day	116
Wheelchair Accessible Carriages	100
Park Pass Contest Award	50
TOTAL ANP GRANTS	$700,587

OTHER GRANTS
Acadia Mountain Land Protection	1,772,140
Acadia Gateway Center	931,402
Northeast Creek Land Protection	502,762
Island Explorer Propane Bus System	205,622
Village Connector Trails	7,167
No Child Left Inside Intern	6,871
Acadia Adventures: Family Fun Day	3,424
Earth Day Roadside Clean-up	3,132
Acadia Partners-Northeast Alpine Stewardship Conf.	3,000
Somes-Meynell Wildlife Sanctuary-Loon Mgmt.	2,000
MDI Water Quality Coalition	500
Surface Transportation and Recreation (STAR)	1,000
Acadia Wilflife Foundation	500
MDI Search & Rescue	500
Friends of Acadia Book Project	240
Southwest Harbor Tree Fund	200
MDI Tomorrow	90
TOTAL OTHER GRANTS	$3,441,050
TOTAL ALL GRANTS	$4,141,637