Carlo Pittore Foundation For The Figurative Arts
Carlo Pittore Foundation reports $0 revenue and assets, indicating dormancy after years of minimal income.
EIN: 203153438 · Kennebunkport, ME · Updated: 2026-03-28
Source Check Matrix
What Has Been Verified vs. What Needs Human Review
Identity resolved verified
Carlo Pittore Foundation For The Figurative Arts is mapped to EIN 203153438.
IRS BMF exempt record needs review
Open IRS TEOS or BMF source before relying on exemption status.
IRS Pub 78 deductibility needs review
Pub 78 eligibility should be verified in IRS TEOS before money changes hands.
IRS automatic revocation needs review
Check the official auto-revocation bulk source or cached evidence before relying on current exemption.
IRS Form 990 index verified
4 stored filing years available.
Raw 990 source linked
Open ProPublica to verify the raw filing record and PDFs.
Filing depth verified
4 stored filing years available.
State charity registration manual confirmation
Open ME charity regulator via NASCO; the workflow stops for human confirmation unless a stable source is cached.
Candid / GuideStar profile api pending
Candid API access is not configured; open manually and do not count as verified evidence.
Charity Navigator rating api pending
Charity Navigator API access is not configured; open manually and do not count as verified evidence.
Source and Resolution Links
Finish the Investigation Outside Our Dataset
When the answer lives with the IRS, ProPublica, Candid, Charity Navigator, or the nonprofit itself, NonprofitSpending links out instead of trapping the user on a partial answer.
IRS tax-exempt lookup
Verify exemption status and deductibility directly with the IRS.
IRS bulk evidence downloads
Check Pub 78, automatic revocation, 990-N, and Form 990 bulk evidence sources.
IRS EO BMF extract
Open the official Business Master File extract source for tax-exempt organization records.
ProPublica 990 source
Open the raw filing record and filing PDFs outside NonprofitSpending.
ME charity regulator via NASCO
Confirm state charity registration or solicitation status where applicable.
Candid profile search
Look for GuideStar/Candid profile details, programs, leadership, and seals.
Charity Navigator search
Check whether another evaluator has ratings or impact context.
Workflow Engine
Queries We Should Resolve, Not Just Answer
Search Console demand points to task completion. Each workflow can run calculations, source checks, external lookups, comparisons, and report/export capture around this nonprofit.
Verify tax status Runnable
Triggered by: 501(c)(3), tax deductible, EIN
IRS status check plus source links
Verify official evidence Runnable
Triggered by: IRS Pub 78, BMF, revocation, 990 index, state registration
Official-source evidence matrix with human stops where a state portal must be checked.
Find source filings Runnable
Triggered by: 990 PDF, annual report, filing record
4 stored filing years plus ProPublica source
Crunch money signals Runnable
Triggered by: program expense ratio, CEO salary, revenue, grants
100% program spend, health grade B
Compare alternatives Runnable
Triggered by: best charities, similar nonprofits, compare
4 peer options surfaced
Resolve leadership and board Runnable
Triggered by: executive team, trustees, officer pay
Use 990 compensation disclosures and external profile links.
Donation decision copilot Runnable
Triggered by: should I donate, give or compare, charity safety
Eligibility, money signals, sources, peer context, and next action.
Grantmaker due diligence Runnable
Triggered by: foundation review, grant risk, grantee capacity
Foundation-style packet across filings, finances, governance, and gaps.
Impact evidence finder Runnable
Triggered by: outcomes, annual report, cost effectiveness
Separate actual impact evidence from raw 990 financial cleanliness.
Room for more funding Runnable
Triggered by: would my donation help, funding gap, marginal impact
Revenue trend, runway, surplus/deficit, and source follow-ups.
Operator transparency diagnostic Runnable
Triggered by: how does my nonprofit look to donors
Profile, filing, impact, and transparency improvements to earn trust.
| Metric | Value |
|---|---|
| Total Expenses | $18K |
| Program Spending | 100% |
| Net Assets | $568K |
| Transparency Score | 30/100 |
Search Intent Cockpit
Carlo Pittore Foundation For The Figurative Arts Form 990, Revenue, CEO Pay, and IRS Filing Signals
Carlo Pittore Foundation For The Figurative Arts 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 Carlo Pittore Foundation For The Figurative Arts in one place.
Form 990 Filing Summary
4 filing years are available, with latest revenue of $12K and expenses of $18K.
Revenue and Expenses
Carlo Pittore Foundation For The Figurative Arts reported $12K in revenue and $18K in expenses, a deficit of $6K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
30/100 mission score, 3 red flags, and 2 strengths are shown from structured and AI review.
Is Carlo Pittore Foundation For The Figurative Arts Legit?
Significant Concerns
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
| Program services | $18K (100%) |
Across stored filings, Carlo Pittore Foundation For The Figurative Arts shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Significant Concerns | Good filing record; 3 red flags identified |
| Mission spend | 100% to programs | Excellent |
| Financial durability | Grade B | 4 stored filing years |
| Peer context | Compare with Maine Composite Materials Applied Technology Development Center | Maine and category 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
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Kennebunkport, ME nonprofitsFollow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Verify
Significant Concerns. Check deductibility, filings, and red flags.
2Understand money
100% of spending goes to programs.
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
Research Workflow
Turn this Form 990 profile into a donor-ready report
Request a concise report for Carlo Pittore Foundation For The Figurative Arts with revenue, expenses, executive compensation, red flags, peer context, and IRS source links. You can also request CSV exports or watchlist updates for future filings.
Early access request only. Reports and exports are informational and based on public IRS records, not financial or legal advice.
Carlo Pittore Foundation For The Figurative Arts directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Carlo Pittore Foundation For The Figurative Arts
Carlo Pittore Foundation For The Figurative Arts (EIN: 203153438) is a nonprofit organization based in Kennebunkport, 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 Carlo Pittore Foundation For The Figurative Arts's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Carlo Pittore Foundation For The Figurative Arts is a micro nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of -26.8%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $12K |
| Total Expenses | $18K |
| Surplus / Deficit | $-6,106 |
| Total Assets | $568K |
| Total Liabilities | $1 |
| Net Assets | $568K |
| Operating Margin | -52.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 382.7 months |
Financial Health Grade: B
In 2014, Carlo Pittore Foundation For The Figurative Arts reported a deficit of $6K with expenses exceeding revenue, holds 382.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 4 years of filings (2011–2014), Carlo Pittore Foundation For The Figurative Arts's revenue has declined at a compound annual growth rate (CAGR) of -26.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -11.2% | +34.1% | -1.1% |
| 2012 | -325.7% | -29.1% | -17.2% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Carlo Pittore Foundation For The Figurative Arts with a Mission Score of 30 out of 100 (Poor). 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, Carlo Pittore Foundation For The Figurative Arts 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.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, suggesting a volunteer-led organization or one with no paid officers, which is highly unusual for an organization with significant assets in prior years.
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 Carlo Pittore Foundation For The Figurative Arts's IRS 990 filings:
- Latest reported revenue and assets are $0, indicating potential cessation of operations.
- History of very low and sometimes negative revenue streams.
- Significant decline in assets from $693,546 in 2011 to $0 currently.
Strengths
The following positive indicators were identified for Carlo Pittore Foundation For The Figurative Arts:
- No reported liabilities across all filing periods, indicating financial prudence.
- Consistent 0% officer compensation, suggesting a volunteer-driven model in its active years.
Frequently Asked Questions about Carlo Pittore Foundation For The Figurative Arts
Is Carlo Pittore Foundation For The Figurative Arts a legitimate charity?
Carlo Pittore Foundation For The Figurative Arts (EIN: 203153438) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 30/100. It has 4 years of IRS 990 filings on record. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Carlo Pittore Foundation For The Figurative Arts spend its money?
Carlo Pittore Foundation For The Figurative Arts directs 100% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Carlo Pittore Foundation For The Figurative Arts tax-deductible?
Carlo Pittore Foundation For The Figurative Arts is registered as a tax-exempt nonprofit (EIN: 203153438). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Carlo Pittore Foundation For The Figurative Arts located?
Carlo Pittore Foundation For The Figurative Arts is headquartered in Kennebunkport, Maine and files with the IRS under EIN 203153438.
How many years of IRS 990 filings does Carlo Pittore Foundation For The Figurative Arts have?
Carlo Pittore Foundation For The Figurative Arts has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is the Carlo Pittore Foundation For The Figurative Arts still operational?
Based on the latest reported revenue and assets of $0, it appears the organization may no longer be actively operating or has significantly scaled down its activities.
What caused the significant negative revenue in 2012?
The $-67,262 revenue in 2012 could indicate a significant loss on investments, a major asset sale below cost, or a substantial return of contributions, but without more detailed filings, the exact cause is unclear.
How did the organization manage to operate with such low revenue in prior years?
The organization likely relied on its substantial asset base (e.g., $567,887 in 2014) to cover expenses, as its annual revenues were often insufficient to meet its operational costs.
Filing History
IRS 990 filing history for Carlo Pittore Foundation For The Figurative Arts showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Carlo Pittore Foundation For The Figurative Arts's revenue has declined by 60.7%, moving from $30K to $12K. Total assets decreased by 18.1% over the same period, from $694K to $568K. Total functional expenses fell by 75.8%, from $74K to $18K. In its most recent filing year (2014), Carlo Pittore Foundation For The Figurative Arts reported a deficit of $6K, with expenses exceeding revenue. The organization holds $1 in liabilities against $568K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $568K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $12K | $18K | $568K | $1 | — | View 990 |
| 2013 | $13K | $13K | $574K | $0 | — | View 990 |
| 2012 | $-67,262 | $52K | $574K | $0 | — | View 990 |
| 2011 | $30K | $74K | $694K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $12K, expenses of $18K, and assets of $568K (revenue -11.2% year-over-year).
- 2013: Revenue of $13K, expenses of $13K, and assets of $574K.
- 2012: Revenue of $-67,262, expenses of $52K, and assets of $574K (revenue -325.7% year-over-year).
- 2011: Revenue of $30K, expenses of $74K, and assets of $694K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Carlo Pittore Foundation For The Figurative Arts:
Data Sources and Methodology
This transparency report for Carlo Pittore Foundation For The Figurative Arts 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.