Acadia Choral Society
Acadia Choral Society consistently operates with strong financial health and no executive compensation.
EIN: 10431352 · Ellsworth, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $28K |
| Program Spending | 97% |
| Net Assets | $17K |
| Transparency Score | 95/100 |
Is Acadia Choral Society Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Acadia Choral Society directs 97% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Acadia Choral Society
Acadia Choral Society (EIN: 10431352) is a nonprofit organization based in Ellsworth, ME. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Acadia Choral Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Acadia Choral Society is a micro nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $29K |
| Total Expenses | $28K |
| Surplus / Deficit | +$756 |
| Total Assets | $17K |
| Net Assets | $17K |
| Operating Margin | 2.6% |
| Months of Reserves | 7.0 months |
Financial Health Grade: A
In 2023, Acadia Choral Society reported a surplus of $756 with revenue exceeding expenses, holds 7.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Acadia Choral Society's revenue has declined at a compound annual growth rate (CAGR) of -0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.4% | +23.1% | +4.8% |
| 2022 | +185.0% | +184.2% | +9.3% |
| 2021 | -66.3% | -58.8% | +3.2% |
| 2020 | -19.2% | -34.7% | +68.0% |
| 2019 | +10.2% | -2.8% | +17.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Acadia Choral Society with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 3%
- programs: 97%
- fundraising: 0%
According to IRS 990 filings, Acadia Choral Society allocates its expenses as follows: admin: 3%, programs: 97%, fundraising: 0%. With 97% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $756, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating a volunteer-led organization. This significantly reduces administrative overhead and maximizes funds available for programmatic activities.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Acadia Choral Society:
- Consistent growth in net assets, from $2,861 in 2014 to $16,647 in 2023.
- Zero reported liabilities across all filing periods, indicating strong financial stability.
- No executive compensation reported, maximizing funds for programs and demonstrating volunteer leadership.
- High program spending ratio, with expenses closely matching revenues (e.g., $28,375 expenses vs. $29,131 revenue in 2023).
- Positive net income in most years, contributing to asset growth.
Frequently Asked Questions about Acadia Choral Society
Is Acadia Choral Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Acadia Choral Society (EIN: 10431352) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Acadia Choral Society spend its money?
Acadia Choral Society directs 97% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Acadia Choral Society tax-deductible?
Acadia Choral Society is registered as a tax-exempt nonprofit (EIN: 10431352). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Acadia Choral Society located?
Acadia Choral Society is headquartered in Ellsworth, Maine and files with the IRS under EIN 10431352.
How many years of IRS 990 filings does Acadia Choral Society have?
Acadia Choral Society has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Acadia Choral Society a good charity?
Based on the provided financial data, Acadia Choral Society appears to be a very good charity. They consistently operate with low overhead, no executive compensation, and maintain a healthy asset base with no liabilities, indicating responsible financial stewardship and a strong focus on their mission.
How has Acadia Choral Society's financial health changed over time?
Acadia Choral Society has shown consistent financial health over the past decade. While revenue and expenses fluctuate annually, they have steadily grown their assets from $2,861 in 2014 to $16,647 in 2023, demonstrating financial stability and growth.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is to pay none. All filings indicate 0% officer compensation, suggesting a volunteer-driven leadership model.
Filing History
IRS 990 filing history for Acadia Choral Society showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Acadia Choral Society's revenue has declined by 1.8%, moving from $30K to $29K. Total assets increased by 315.2% over the same period, from $4K to $17K. Total functional expenses fell by 2.7%, from $29K to $28K. In its most recent filing year (2023), Acadia Choral Society reported a surplus of $756, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $29K | $28K | $17K | $0 | — | View 990 |
| 2022 | $24K | $23K | $16K | $0 | — | View 990 |
| 2021 | $9K | $8K | $15K | $0 | — | View 990 |
| 2020 | $25K | $20K | $14K | $0 | — | View 990 |
| 2019 | $31K | $30K | $8K | $0 | — | View 990 |
| 2018 | $29K | $31K | $7K | $0 | — | View 990 |
| 2017 | $34K | $32K | $10K | $0 | — | View 990 |
| 2016 | $34K | $30K | $8K | $0 | — | View 990 |
| 2015 | $56K | $27K | $4K | $0 | — | View 990 |
| 2014 | $30K | $33K | $3K | $0 | — | View 990 |
| 2013 | $55K | $29K | $5K | $0 | — | View 990 |
| 2012 | $29K | $28K | $5K | $0 | — | — |
| 2011 | $30K | $29K | $4K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $29K, expenses of $28K, and assets of $17K (revenue +19.4% year-over-year).
- 2022: Revenue of $24K, expenses of $23K, and assets of $16K (revenue +185.0% year-over-year).
- 2021: Revenue of $9K, expenses of $8K, and assets of $15K (revenue -66.3% year-over-year).
- 2020: Revenue of $25K, expenses of $20K, and assets of $14K (revenue -19.2% year-over-year).
- 2019: Revenue of $31K, expenses of $30K, and assets of $8K (revenue +10.2% year-over-year).
- 2018: Revenue of $29K, expenses of $31K, and assets of $7K (revenue -15.9% year-over-year).
- 2017: Revenue of $34K, expenses of $32K, and assets of $10K (revenue +0.0% year-over-year).
- 2016: Revenue of $34K, expenses of $30K, and assets of $8K (revenue -39.7% year-over-year).
- 2015: Revenue of $56K, expenses of $27K, and assets of $4K (revenue +84.6% year-over-year).
- 2014: Revenue of $30K, expenses of $33K, and assets of $3K (revenue -45.0% year-over-year).
- 2013: Revenue of $55K, expenses of $29K, and assets of $5K (revenue +90.5% year-over-year).
- 2012: Revenue of $29K, expenses of $28K, and assets of $5K (revenue -2.1% year-over-year).
- 2011: Revenue of $30K, expenses of $29K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Acadia Choral Society:
Data Sources and Methodology
This transparency report for Acadia Choral Society is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.