Brick Store Museum
Brick Store Museum shows strong financial growth and low liabilities with no reported officer compensation.
EIN: 10238760 · Kennebunk, ME · NTEE: A540 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $474K |
| Program Spending | 80% |
| Net Assets | $3.5M |
| Transparency Score | 85/100 |
Is Brick Store Museum Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Brick Store Museum directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Brick Store Museum
Brick Store Museum (EIN: 10238760) is a nonprofit organization based in Kennebunk, ME, classified under NTEE code A540. The organization reported total revenue of $1.7M and total assets of $3.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brick Store Museum's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brick Store Museum is a mid-size nonprofit that has been operating for 82 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $474K |
| Surplus / Deficit | +$594K |
| Total Assets | $3.5M |
| Total Liabilities | $14K |
| Net Assets | $3.5M |
| Operating Margin | 55.6% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 89.7 months |
Financial Health Grade: A
In 2023, Brick Store Museum reported a surplus of $594K with revenue exceeding expenses, holds 89.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Brick Store Museum's revenue has grown at a compound annual growth rate (CAGR) of 11.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +178.4% | +23.5% | +22.4% |
| 2022 | -6.3% | -1.6% | -13.6% |
| 2021 | -22.5% | -2.9% | +10.7% |
| 2020 | -31.9% | +13.8% | +6.0% |
| 2019 | +103.0% | -37.5% | +27.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1944 |
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 Brick Store Museum with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Brick Store Museum 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $594K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Executive Compensation Analysis
The Brick Store Museum consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated below the IRS reporting thresholds, which is highly favorable for resource allocation.
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 Brick Store Museum's IRS 990 filings:
- Lack of detailed functional expense breakdown in provided data prevents granular analysis of program vs. administrative spending.
Strengths
The following positive indicators were identified for Brick Store Museum:
- Strong revenue generation, particularly in 2023 ($1,067,544), significantly exceeding expenses ($473,823).
- Consistent growth in assets over the past decade, reaching $3,540,628 in 2023.
- Zero reported officer compensation across all available filings, indicating efficient use of funds.
- Very low liabilities relative to assets, suggesting strong financial stability (e.g., $14,325 liabilities vs. $3,540,628 assets in 2023).
- Consistent IRS 990 filing history, demonstrating commitment to transparency.
Frequently Asked Questions about Brick Store Museum
Is Brick Store Museum a legitimate charity?
Based on AI analysis of IRS 990 filings, Brick Store Museum (EIN: 10238760) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Brick Store Museum spend its money?
Brick Store Museum directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Brick Store Museum tax-deductible?
Brick Store Museum is registered as a tax-exempt nonprofit (EIN: 10238760). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Brick Store Museum's spending goes to programs?
Brick Store Museum directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Brick Store Museum compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Brick Store Museum is above average for NTEE category A540 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Brick Store Museum located?
Brick Store Museum is headquartered in Kennebunk, Maine and files with the IRS under EIN 10238760. It is classified under NTEE code A540.
How many years of IRS 990 filings does Brick Store Museum have?
Brick Store Museum 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 $1.7M in total revenue.
Is Brick Store Museum a good charity?
Based on its financial health, consistent asset growth, and the absence of reported officer compensation, the Brick Store Museum appears to be a well-managed organization with a strong financial foundation. Its ability to generate significant revenue relative to expenses, particularly in 2023, suggests efficient operations.
How does Brick Store Museum manage its expenses?
The museum has demonstrated effective expense management, with expenses often significantly lower than revenue, as seen in 2023 where expenses were $473,823 against $1,067,544 in revenue. This allows for substantial reinvestment into the organization or building of reserves.
What is the trend in Brick Store Museum's assets?
The Brick Store Museum has shown a consistent upward trend in its assets, growing from $2,298,549 in 2014 to $3,540,628 in 2023, indicating strong financial stewardship and accumulation of resources.
Filing History
IRS 990 filing history for Brick Store Museum showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Brick Store Museum's revenue has grown by 252.7%, moving from $303K to $1.1M. Total assets increased by 74.6% over the same period, from $2.0M to $3.5M. Total functional expenses rose by 117.1%, from $218K to $474K. In its most recent filing year (2023), Brick Store Museum reported a surplus of $594K, with revenue exceeding expenses. The organization holds $14K in liabilities against $3.5M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $3.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $474K | $3.5M | $14K | — | — |
| 2022 | $383K | $384K | $2.9M | $15K | — | View 990 |
| 2021 | $409K | $390K | $3.3M | $4K | — | View 990 |
| 2020 | $528K | $402K | $3.0M | $3K | — | — |
| 2019 | $776K | $353K | $2.9M | $6K | — | View 990 |
| 2018 | $382K | $564K | $2.2M | $5K | — | View 990 |
| 2017 | $925K | $280K | $2.8M | $246 | — | View 990 |
| 2016 | $236K | $292K | $2.1M | $1K | — | View 990 |
| 2015 | $261K | $345K | $2.1M | $131 | — | View 990 |
| 2014 | $283K | $259K | $2.3M | $211 | — | View 990 |
| 2013 | $318K | $281K | $2.3M | $95 | — | View 990 |
| 2012 | $203K | $267K | $2.0M | $2K | — | View 990 |
| 2011 | $303K | $218K | $2.0M | $136 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $474K, and assets of $3.5M (revenue +178.4% year-over-year).
- 2022: Revenue of $383K, expenses of $384K, and assets of $2.9M (revenue -6.3% year-over-year).
- 2021: Revenue of $409K, expenses of $390K, and assets of $3.3M (revenue -22.5% year-over-year).
- 2020: Revenue of $528K, expenses of $402K, and assets of $3.0M (revenue -31.9% year-over-year).
- 2019: Revenue of $776K, expenses of $353K, and assets of $2.9M (revenue +103.0% year-over-year).
- 2018: Revenue of $382K, expenses of $564K, and assets of $2.2M (revenue -58.7% year-over-year).
- 2017: Revenue of $925K, expenses of $280K, and assets of $2.8M (revenue +292.8% year-over-year).
- 2016: Revenue of $236K, expenses of $292K, and assets of $2.1M (revenue -9.8% year-over-year).
- 2015: Revenue of $261K, expenses of $345K, and assets of $2.1M (revenue -7.7% year-over-year).
- 2014: Revenue of $283K, expenses of $259K, and assets of $2.3M (revenue -11.0% year-over-year).
- 2013: Revenue of $318K, expenses of $281K, and assets of $2.3M (revenue +56.3% year-over-year).
- 2012: Revenue of $203K, expenses of $267K, and assets of $2.0M (revenue -32.8% year-over-year).
- 2011: Revenue of $303K, expenses of $218K, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Brick Store Museum:
Data Sources and Methodology
This transparency report for Brick Store Museum 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.