Bustins Island Maine Historical Society
Bustins Island Maine Historical Society reports no financial activity in latest IRS filing.
EIN: 10354783 · Bustins Island, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Program Spending | 100% |
| CEO/Top Officer Pay | $0 |
| Transparency Score | 70/100 |
Is Bustins Island Maine Historical Society Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bustins Island Maine Historical Society directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bustins Island Maine Historical Society
Bustins Island Maine Historical Society (EIN: 10354783) is a nonprofit organization based in Bustins Island, 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 Bustins Island Maine Historical Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1978 |
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 Bustins Island Maine Historical Society with a Mission Score of 70 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: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Bustins Island Maine Historical Society allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
No executive compensation is reported, which is consistent with an organization reporting $0 in revenue and assets, suggesting a volunteer-led structure.
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 Bustins Island Maine Historical Society's IRS 990 filings:
- No reported financial activity, making financial health assessment impossible.
Strengths
The following positive indicators were identified for Bustins Island Maine Historical Society:
- Likely volunteer-driven, indicating strong community engagement.
- Focus on historical preservation, a valuable community service.
Frequently Asked Questions about Bustins Island Maine Historical Society
Is Bustins Island Maine Historical Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Bustins Island Maine Historical Society (EIN: 10354783) some concerns. Mission Score: 70/100. 1 red flag identified, 2 strengths noted.
How does Bustins Island Maine Historical Society spend its money?
Bustins Island Maine Historical Society directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bustins Island Maine Historical Society tax-deductible?
Bustins Island Maine Historical Society is registered as a tax-exempt nonprofit (EIN: 10354783). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Bustins Island Maine Historical Society CEO make?
Bustins Island Maine Historical Society's highest-compensated officer earns $0 annually. Executive compensation data is disclosed in IRS 990 filings.
Where is Bustins Island Maine Historical Society located?
Bustins Island Maine Historical Society is headquartered in Bustins Island, Maine and files with the IRS under EIN 10354783.
Is Bustins Island Maine Historical Society a good charity?
Based on the available IRS 990 data showing $0 in revenue and assets, it's not possible to evaluate its financial 'goodness' in terms of spending efficiency or financial management. However, its existence as a historical society suggests a community-focused mission, likely supported by volunteers and in-kind contributions.
How does Bustins Island Maine Historical Society fund its operations?
With $0 in reported revenue, the organization likely operates through volunteer efforts, in-kind donations, or very small, unreported cash transactions that fall below IRS reporting thresholds for Form 990-EZ or 990. It may also be a dormant organization or one that primarily manages non-financial assets like historical artifacts.
Data Sources and Methodology
This transparency report for Bustins Island Maine Historical 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.