Quick charity verification for Maine Art Gallery (EIN: 10246129)
Verdict: Maine Art Gallery appears trustworthy
85/100Mission Score
$48KRevenue
$13KAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Operates near break-even (Revenue $75,716, Expenses $74,826 in 202312).
No reported liabilities ($0 in 202312), indicating financial stability.
0% officer compensation reported, suggesting strong volunteer support and efficient use of funds.
Positive net assets ($16,305 in 202312) for an organization of its size.
Spending Breakdown
How Maine Art Gallery allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Maine Art Gallery
Is Maine Art Gallery a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Art Gallery (EIN: 10246129) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
Is Maine Art Gallery a good charity to donate to?
Maine Art Gallery has a Mission Score of 85/100. Revenue: $48K. Assets: $13K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Maine Art Gallery?
The Employer Identification Number (EIN) for Maine Art Gallery is 10246129. 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 Maine Art Gallery spend its money?
Maine Art Gallery allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Maine Art Gallery's tax-exempt status?
You can verify Maine Art Gallery's tax-exempt status using EIN 10246129 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 Maine Art Gallery appears to be a small, community-focused organization with a relatively stable financial position. In its latest filing (Period 202312), the organization reported revenues of $75,716 and expenses of $74,826, indicating it is operating near break-even. Its assets of $16,305 with no reported liabilities suggest a healthy balance sheet for an organization of its size. The lack of officer compensation reported further indicates a volunteer-driven or very lean operational model, which can be a sign of efficiency and dedication to its mission. However, with only one filing available, a comprehensive trend analysis is not possible, and its overall financial health should be monitored over a longer period.