Quick charity verification for Maine State Music Theatre (EIN: 10355212)
Verdict: Maine State Music Theatre appears trustworthy
95/100Mission Score
$8.2MRevenue
$11.2MAssets
1Red Flags
5Strengths
Red Flags
Unusually low or zero reported officer compensation for an organization of this size, which might warrant further inquiry into how leadership is compensated or structured.
Strengths
Consistent revenue growth over a decade, from $3.7M in 2014 to $7.1M in 2023.
Healthy asset accumulation, growing from $4.2M in 2014 to $10.2M in 2023.
Consistent positive net income (revenue exceeding expenses) in most reported periods.
No reported officer compensation, suggesting high dedication of resources to programs or volunteer leadership.
Resilience demonstrated by strong recovery and growth post-2020 dip in revenue.
Spending Breakdown
How Maine State Music Theatre 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 State Music Theatre
Is Maine State Music Theatre a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine State Music Theatre (EIN: 10355212) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
Is Maine State Music Theatre a good charity to donate to?
Maine State Music Theatre has a Mission Score of 95/100. Revenue: $8.2M. Assets: $11.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Maine State Music Theatre?
The Employer Identification Number (EIN) for Maine State Music Theatre is 10355212. 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 State Music Theatre spend its money?
Maine State Music Theatre allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Maine State Music Theatre's tax-exempt status?
You can verify Maine State Music Theatre's tax-exempt status using EIN 10355212 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
Maine State Music Theatre demonstrates a strong and improving financial position, with consistent revenue growth over the past decade, culminating in $7,182,381 in revenue for the 202310 period. The organization has consistently managed its expenses below its revenue, leading to healthy net assets which have grown from $4,203,808 in 2014 to $10,264,045 in 2023. This indicates sound financial management and an ability to build reserves. The absence of reported officer compensation across all available filings suggests a high degree of financial transparency and a focus on mission-related spending, as executive salaries are not a significant drain on resources. The organization's liabilities have also grown in proportion to its assets, but the overall asset-to-liability ratio remains healthy, indicating good solvency. The consistent growth in assets and revenue, even through challenging periods like 2020, points to a resilient and well-managed nonprofit.