Art Guild Of The Kennebunks
Art Guild Of The Kennebunks maintains minimal assets and operates with a volunteer leadership structure.
EIN: 10496982 · Kennebunkport, ME · NTEE: T23 · Updated: 2026-03-28
Is Art Guild Of The Kennebunks Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Art Guild Of The Kennebunks directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Art Guild Of The Kennebunks
Art Guild Of The Kennebunks (EIN: 10496982) is a nonprofit organization based in Kennebunkport, ME, classified under NTEE code T23. The organization reported total revenue of $10K and total assets of $2K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Art Guild Of The Kennebunks's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Art Guild Of The Kennebunks with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Art Guild Of The Kennebunks allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based, which is appropriate for an organization of its small size and revenue.
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.
Red Flags
The following concerns were identified during AI analysis of Art Guild Of The Kennebunks's IRS 990 filings:
- Frequent periods where expenses exceed revenue, indicating potential reliance on reserves or inconsistent funding.
Strengths
The following positive indicators were identified for Art Guild Of The Kennebunks:
- Consistent reporting of 0% officer compensation, indicating volunteer leadership and low administrative overhead.
- Minimal liabilities ($1 reported consistently), suggesting sound financial management regarding debt.
- Consistent filing history, demonstrating transparency and compliance.
Frequently Asked Questions about Art Guild Of The Kennebunks
Is Art Guild Of The Kennebunks a legitimate charity?
Based on AI analysis of IRS 990 filings, Art Guild Of The Kennebunks (EIN: 10496982) some concerns. Mission Score: 75/100. 1 red flag identified, 3 strengths noted.
How does Art Guild Of The Kennebunks spend its money?
Art Guild Of The Kennebunks directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Art Guild Of The Kennebunks tax-deductible?
Art Guild Of The Kennebunks is registered as a tax-exempt nonprofit (EIN: 10496982). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Art Guild Of The Kennebunks fund its operations given fluctuating revenues?
The organization's revenues have fluctuated, sometimes falling below expenses (e.g., 2022, 2021). It likely relies on accumulated small surpluses from prior years, modest membership fees, and local donations to cover operational costs, as indicated by its small asset base.
What are the primary program activities of Art Guild Of The Kennebunks?
Based on its NTEE code T23 (Arts, Culture & Humanities - Visual Arts), its primary program activities likely involve promoting visual arts, potentially through exhibitions, workshops, or community art events in the Kennebunks area. Specific details are not available in the provided financial data.
Filing History
IRS 990 filing history for Art Guild Of The Kennebunks showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Art Guild Of The Kennebunks's revenue has declined by 13.4%, moving from $6K to $5K. Total assets decreased by 74.9% over the same period, from $9K to $2K. Total functional expenses fell by 34.3%, from $7K to $5K. In its most recent filing year (2023), Art Guild Of The Kennebunks reported a surplus of $214, with revenue exceeding expenses. The organization holds $1 in liabilities against $2K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $5K | $5K | $2K | $1 | — | — |
| 2022 | $4K | $7K | $2K | $1 | — | View 990 |
| 2021 | $4K | $6K | $5K | $1 | — | View 990 |
| 2020 | $5K | $3K | $7K | $1 | — | — |
| 2019 | $7K | $7K | $5K | $1 | — | View 990 |
| 2015 | $6K | $5K | $5K | $1 | — | View 990 |
| 2014 | $6K | $8K | $4K | $1 | — | View 990 |
| 2013 | $8K | $8K | $6K | $1 | — | View 990 |
| 2012 | $8K | $11K | $6K | $1 | — | View 990 |
| 2011 | $6K | $7K | $9K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5K, expenses of $5K, and assets of $2K (revenue +17.4% year-over-year).
- 2022: Revenue of $4K, expenses of $7K, and assets of $2K (revenue +3.9% year-over-year).
- 2021: Revenue of $4K, expenses of $6K, and assets of $5K (revenue -20.9% year-over-year).
- 2020: Revenue of $5K, expenses of $3K, and assets of $7K (revenue -30.9% year-over-year).
- 2019: Revenue of $7K, expenses of $7K, and assets of $5K (revenue +20.0% year-over-year).
- 2015: Revenue of $6K, expenses of $5K, and assets of $5K (revenue +8.1% year-over-year).
- 2014: Revenue of $6K, expenses of $8K, and assets of $4K (revenue -29.9% year-over-year).
- 2013: Revenue of $8K, expenses of $8K, and assets of $6K (revenue +0.5% year-over-year).
- 2012: Revenue of $8K, expenses of $11K, and assets of $6K (revenue +42.4% year-over-year).
- 2011: Revenue of $6K, expenses of $7K, and assets of $9K.
Data Sources and Methodology
This transparency report for Art Guild Of The Kennebunks 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.