Belfast Museum Inc
EIN: 510161688 · Belfast, ME · NTEE: A56
| Metric | Value |
|---|---|
| Total Revenue | $389K |
| Total Expenses | $64K |
| Net Assets | $815K |
Search Intent Cockpit
Belfast Museum Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Belfast Museum Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Belfast Museum Inc in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $62K and expenses of $64K.
Revenue and Expenses
Belfast Museum Inc reported $62K in revenue and $64K in expenses, a deficit of $2K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
Mission score and red-flag review are shown when AI enrichment is available.
Is Belfast Museum Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
Functional expense detail is not available on the stored filing yet. Existing program percentage and future extracted expense fields will populate this panel.
Across stored filings, Belfast Museum Inc shows contribution history pending. Next enrichment targets: revenue-source fields, functional expense detail, IRS BMF classification, AI synthesis.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Insufficient Data | Good filing record; no red flags identified |
| Mission spend | Pending | Unknown |
| Financial durability | Grade B | 13 stored filing years |
| Peer context | Compare with Maine Composite Materials Applied Technology Development Center | Maine and Arts & Culture context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Maine Composite Materials Applied Technology Development Center →All Maine nonprofits
All Arts & Culture
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Belfast, ME nonprofitsArts & Culture in Maine
Arts & Culture in Maine
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Arts & Culture spending
Best Arts & Culture charities in Maine
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Verify
Insufficient Data. Check deductibility, filings, and red flags.
2Understand money
Use filing data to inspect spending as enrichment grows.
3Compare
Benchmark against Maine Composite Materials Applied Technology Development Center.
4Decide
Build a shortlist, compare alternatives, and review the latest filing before giving.
Alternative Shopping
Similar Nonprofits Donors Should Compare
Crabtree Neck Land Trust
Hancock, ME · $836K revenue · Score 95/100
Compare side-by-sideAmerican Legion Post 0019 Thomas W Cole Post
Sanford, ME · $1.1M revenue · Score 85/100
Compare side-by-sideAgamenticus Yacht Club Of York
York Harbor, ME · $325K revenue · Score 85/100
Compare side-by-sideAmerican Legion
Winslow, ME · $226K revenue · Score 85/100
Compare side-by-sideNext Best Actions
Keep the Investigation Moving
Verify legitimacy
Open the focused charity-check flow before donating.
Compare a peer
Benchmark against Maine Composite Materials Applied Technology Development Center.
Find best peers
See best Arts & Culture charities in Maine.
Inspect local compensation
See whether pay levels look unusual in this state.
About Belfast Museum Inc
Belfast Museum Inc (EIN: 510161688) is a nonprofit organization based in Belfast, ME, classified under NTEE code A56. The organization reported total revenue of $389K and total assets of $884K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Belfast Museum Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Belfast Museum Inc is a small nonprofit that has been operating for 51 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 4.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $62K |
| Total Expenses | $64K |
| Surplus / Deficit | $-2,413 |
| Total Assets | $820K |
| Total Liabilities | $5K |
| Net Assets | $815K |
| Operating Margin | -3.9% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 153.4 months |
Financial Health Grade: B
In 2024, Belfast Museum Inc reported a deficit of $2K with expenses exceeding revenue, holds 153.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Belfast Museum Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +17.1% | +24.9% | +6.1% |
| 2023 | -40.1% | +21.9% | +4.2% |
| 2022 | +79.4% | +1.9% | -5.5% |
| 2021 | -3.4% | +3.8% | +21.6% |
| 2020 | -22.7% | -23.1% | +0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1975 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Belfast Museum Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Belfast Museum Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.6%.
Frequently Asked Questions about Belfast Museum Inc
Is Belfast Museum Inc a legitimate charity?
Belfast Museum Inc (EIN: 510161688) is a registered tax-exempt nonprofit based in Maine. It has 13 years of IRS 990 filings on record. Total revenue: $389K. No red flags identified. Financial health grade: B.
How does Belfast Museum Inc spend its money?
Belfast Museum Inc reported $389K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Belfast Museum Inc tax-deductible?
Belfast Museum Inc is registered as a tax-exempt nonprofit (EIN: 510161688). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Belfast Museum Inc located?
Belfast Museum Inc is headquartered in Belfast, Maine and files with the IRS under EIN 510161688. It is classified under NTEE code A56.
How many years of IRS 990 filings does Belfast Museum Inc have?
Belfast Museum Inc 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. The most recent filing shows $389K in total revenue.
Filing History
IRS 990 filing history for Belfast Museum Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Belfast Museum Inc's revenue has grown by 61%, moving from $38K to $62K. Total assets increased by 99.6% over the same period, from $411K to $820K. Total functional expenses rose by 41.4%, from $45K to $64K. In its most recent filing year (2024), Belfast Museum Inc reported a deficit of $2K, with expenses exceeding revenue. The organization holds $5K in liabilities against $820K in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $815K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $62K | $64K | $820K | $5K | — | — |
| 2023 | $53K | $51K | $773K | $5K | — | View 990 |
| 2022 | $88K | $42K | $742K | $5K | — | — |
| 2021 | $49K | $41K | $785K | $4K | — | — |
| 2020 | $51K | $40K | $645K | $3K | — | View 990 |
| 2019 | $66K | $52K | $642K | $3K | — | View 990 |
| 2018 | $66K | $38K | $627K | $2K | — | View 990 |
| 2017 | $43K | $42K | $822K | $2K | — | View 990 |
| 2016 | $41K | $38K | $787K | $2K | — | View 990 |
| 2015 | $72K | $43K | $776K | $0 | — | View 990 |
| 2014 | $151K | $34K | $752K | $3K | — | View 990 |
| 2013 | $218K | $26K | $605K | $3K | — | View 990 |
| 2012 | $38K | $45K | $411K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $62K, expenses of $64K, and assets of $820K (revenue +17.1% year-over-year).
- 2023: Revenue of $53K, expenses of $51K, and assets of $773K (revenue -40.1% year-over-year).
- 2022: Revenue of $88K, expenses of $42K, and assets of $742K (revenue +79.4% year-over-year).
- 2021: Revenue of $49K, expenses of $41K, and assets of $785K (revenue -3.4% year-over-year).
- 2020: Revenue of $51K, expenses of $40K, and assets of $645K (revenue -22.7% year-over-year).
- 2019: Revenue of $66K, expenses of $52K, and assets of $642K (revenue -0.9% year-over-year).
- 2018: Revenue of $66K, expenses of $38K, and assets of $627K (revenue +55.0% year-over-year).
- 2017: Revenue of $43K, expenses of $42K, and assets of $822K (revenue +4.9% year-over-year).
- 2016: Revenue of $41K, expenses of $38K, and assets of $787K (revenue -43.2% year-over-year).
- 2015: Revenue of $72K, expenses of $43K, and assets of $776K (revenue -52.2% year-over-year).
- 2014: Revenue of $151K, expenses of $34K, and assets of $752K (revenue -30.9% year-over-year).
- 2013: Revenue of $218K, expenses of $26K, and assets of $605K (revenue +468.6% year-over-year).
- 2012: Revenue of $38K, expenses of $45K, and assets of $411K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Belfast Museum Inc:
Data Sources and Methodology
This transparency report for Belfast Museum Inc 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.