Is Lincoln Festival Of The Arts Legit? —…

Spending Breakdown

How Lincoln Festival Of The Arts allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Lincoln Festival Of The Arts

Is Lincoln Festival Of The Arts a legitimate charity?

Based on AI analysis of IRS 990 filings, Lincoln Festival Of The Arts (EIN: 10376358) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.

Is Lincoln Festival Of The Arts a good charity to donate to?

Lincoln Festival Of The Arts has a Mission Score of 75/100. Revenue: $33K. Assets: $180K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Lincoln Festival Of The Arts?

The Employer Identification Number (EIN) for Lincoln Festival Of The Arts is 10376358. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Lincoln Festival Of The Arts spend its money?

Lincoln Festival Of The Arts allocates 85% to programs, 15% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Lincoln Festival Of The Arts's tax-exempt status?

You can verify Lincoln Festival Of The Arts's tax-exempt status using EIN 10376358 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

The Lincoln Festival Of The Arts, with an EIN of 10376358, appears to be a small arts organization operating in Boothbay Hbr, ME. Based on the provided IRS 990 data, the organization has consistently reported zero officer compensation across all seven filings, indicating a volunteer-led or very lean administrative structure. This suggests a strong commitment to directing resources towards its mission rather than executive salaries. The organization also consistently reports zero liabilities, which is a positive indicator of financial stability and responsible management, avoiding debt.

However, a notable trend is that expenses have frequently exceeded revenue in recent years. For example, in 2018, revenue was $33,285 while expenses were $44,568, and in 2016, revenue was $31,415 against expenses of $50,459. This consistent deficit spending has led to a decline in assets over time, from a high of $250,031 in 2013 to $179,848 in 2018. While the organization maintains a healthy asset base relative to its annual revenue, this trend of drawing down reserves to cover operational costs is not sustainable long-term and could signal a need for increased fundraising or cost management. The NTEE code A680 (Arts, Culture, and Humanities) aligns with its name, and the lack of officer compensation enhances its transparency profile.

Is Lincoln Festival Of The Arts Legit?

Verdict: Lincoln Festival Of The Arts appears trustworthy

Red Flags

Strengths