Castine Arts Association
Castine Arts Association operates with minimal revenue and no executive compensation, showing fluctuating financial performance.
EIN: 10514796 · Castine, ME · NTEE: A20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $10K |
| Program Spending | 90% |
| Net Assets | $22K |
| Transparency Score | 75/100 |
Is Castine Arts Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Castine Arts Association directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Castine Arts Association
Castine Arts Association (EIN: 10514796) is a nonprofit organization based in Castine, ME, classified under NTEE code A20. 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 Castine Arts Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Castine Arts Association is a micro nonprofit that has been operating for 28 years, with 2 years of IRS 990 filings on record (2016–2017). Revenue has grown at a compound annual rate of 1.8%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $19K |
| Total Expenses | $10K |
| Surplus / Deficit | +$9K |
| Total Assets | $22K |
| Net Assets | $22K |
| Operating Margin | 46.2% |
| Months of Reserves | 25.2 months |
Financial Health Grade: A
In 2017, Castine Arts Association reported a surplus of $9K with revenue exceeding expenses, holds 25.2 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2016–2017), Castine Arts Association's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +1.8% | -72.1% | +69.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
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 Castine Arts Association 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Castine Arts Association allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $9K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reports 0% officer compensation in both 2016 and 2017, indicating a volunteer-led structure with no paid executives, which is common for very small nonprofits.
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 Castine Arts Association's IRS 990 filings:
- Latest reported revenue and assets are $0, indicating potential dormancy or significant data lag.
- Significant year-over-year fluctuation in expenses (from $36,914 in 2016 to $10,309 in 2017) without clear explanation in filings.
Strengths
The following positive indicators were identified for Castine Arts Association:
- No officer compensation reported, suggesting a volunteer-driven model and efficient use of funds for mission.
- No liabilities reported in either filing period, indicating sound financial management regarding debt.
- Positive net assets in both 2016 ($12,806) and 2017 ($21,672), showing some financial reserves.
Frequently Asked Questions about Castine Arts Association
Is Castine Arts Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Castine Arts Association (EIN: 10514796) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Castine Arts Association spend its money?
Castine Arts Association directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Castine Arts Association tax-deductible?
Castine Arts Association is registered as a tax-exempt nonprofit (EIN: 10514796). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Castine Arts Association compare to similar nonprofits?
With a transparency score of 75/100 (Good), Castine Arts Association is above average for NTEE category A20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Castine Arts Association located?
Castine Arts Association is headquartered in Castine, Maine and files with the IRS under EIN 10514796. It is classified under NTEE code A20.
How many years of IRS 990 filings does Castine Arts Association have?
Castine Arts Association has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is Castine Arts Association a good charity?
Based on the available data, the Castine Arts Association appears to be a well-intentioned, volunteer-run organization with no executive compensation. Its program spending is likely high given the lack of paid staff and fundraising expenses. However, the lack of recent financial data ($0 revenue and assets) makes a current assessment of its operational status and effectiveness difficult.
What caused the significant expense difference between 2016 and 2017?
In 2016, expenses were $36,914, significantly higher than the $10,309 reported in 2017. This large fluctuation could be due to a specific project or event in 2016 that was not repeated in 2017, or a change in operational scale.
How does the organization sustain itself with $0 latest reported revenue?
The latest reported revenue of $0 is concerning. It either indicates a significant delay in filing more recent data, a period of dormancy, or that the organization is currently inactive. Without more current filings, its sustainability is questionable.
Filing History
IRS 990 filing history for Castine Arts Association showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2016–2017), Castine Arts Association's revenue has grown by 1.8%, moving from $19K to $19K. Total assets increased by 69.2% over the same period, from $13K to $22K. Total functional expenses fell by 72.1%, from $37K to $10K. In its most recent filing year (2017), Castine Arts Association reported a surplus of $9K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $19K | $10K | $22K | $0 | — | View 990 |
| 2016 | $19K | $37K | $13K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Castine Arts Association:
Data Sources and Methodology
This transparency report for Castine Arts Association 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.