Is Maine Country Music Association Legit?

Quick charity verification for Maine Country Music Association (EIN: 10428411)

Verdict: Maine Country Music Association appears trustworthy

70/100Mission Score
$3KRevenue
$132Assets
3Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

The Maine Country Music Association operates on a very small scale, with its latest reported revenue at $2,550 and assets of $132. Over the past four years, its revenue has fluctuated between approximately $2,110 and $3,119, indicating a consistent but limited financial capacity. The organization has generally spent more than it earned in recent periods, with expenses of $3,125 against $2,550 in 2020, and $2,760 against $2,110 in 2017. This trend of deficit spending, while not extreme given the small figures, suggests a need for more stable funding or tighter expense management to avoid depleting its minimal assets. The organization reports no officer compensation, which is a positive indicator of volunteer-driven operations and efficient use of its limited funds for its stated mission.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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