Cultural Resources Inc

Cultural Resources Inc. reports zero revenue and assets in its latest filing, indicating a likely cessation of operations.

EIN: 10502001 · Rockport, ME · NTEE: A33Z · Updated: 2026-03-28

$0Revenue

$0Assets

20/100Mission Score (Poor)

A33Z

About Cultural Resources Inc

Cultural Resources Inc (EIN: 10502001) is a nonprofit organization based in Rockport, ME, classified under NTEE code A33Z. 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 Cultural Resources Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Cultural Resources Inc. appears to be in a state of financial decline, as evidenced by its latest filing showing $0 in revenue and assets. This follows a consistent downward trend in revenue from $66,281 in 2011 to $15,412 in 2014, and ultimately to zero. The organization consistently spent more than it earned in most reported periods, with expenses exceeding revenue in 2012, 2013, and 2014. While the organization has historically reported zero officer compensation, which can be a positive sign for donor confidence, the current lack of financial activity raises significant concerns about its operational viability and future. The absence of any reported assets or liabilities in the latest period suggests a complete cessation of financial operations.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Cultural Resources Inc with a Mission Score of 20 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: 15%
programs: 75%
fundraising: 10%

According to IRS 990 filings, Cultural Resources Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reported 0% officer compensation across all available filings, suggesting that executive leadership was either volunteer-based or compensated through other means not categorized as officer compensation, which is generally positive for donor perception.

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 Cultural Resources Inc's IRS 990 filings:

Zero revenue and assets in the latest filing, indicating potential dormancy or closure.
Consistent decline in revenue over multiple years, from $66,281 in 2011 to $0.
Expenses frequently exceeded revenue in prior operational years (e.g., 2012, 2013, 2014).

Strengths

The following positive indicators were identified for Cultural Resources Inc:

Historically reported 0% officer compensation, suggesting a volunteer-driven or highly efficient leadership structure regarding executive pay.

Frequently Asked Questions about Cultural Resources Inc

Is Cultural Resources Inc. still operational?

Based on the latest filing showing $0 revenue and $0 assets, it is highly unlikely that Cultural Resources Inc. is still operational.

What caused the significant decline in revenue?

The provided data does not specify the reasons for the revenue decline, but it was a consistent trend from $66,281 in 2011 to $0 in the latest period.

Did the organization manage its expenses effectively?

In most years (2012, 2013, 2014), expenses exceeded revenue, indicating a struggle with expense management relative to income. For example, in 2012, expenses were $67,981 against revenue of $56,661.

Filing History

IRS 990 filing history for Cultural Resources Inc showing financial trends over 4 years of public records:

Over 4 years of IRS 990 filings (2011–2014), Cultural Resources Inc's revenue has declined by 76.7%, moving from $66K to $15K. Total assets decreased by 87.2% over the same period, from $17K to $2K. Total functional expenses fell by 74.6%, from $63K to $16K. In its most recent filing year (2014), Cultural Resources Inc reported a deficit of $705, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2014	$15K	$16K	$2K	$0	—	View 990
2013	$49K	$52K	$5K	$2K	—	View 990
2012	$57K	$68K	$6K	$0	—	View 990
2011	$66K	$63K	$17K	$0	—	View 990

Year-by-Year Financial Summary

2014: Revenue of $15K, expenses of $16K, and assets of $2K (revenue -68.6% year-over-year).
2013: Revenue of $49K, expenses of $52K, and assets of $5K (revenue -13.4% year-over-year).
2012: Revenue of $57K, expenses of $68K, and assets of $6K (revenue -14.5% year-over-year).
2011: Revenue of $66K, expenses of $63K, and assets of $17K.

Data Sources and Methodology

This transparency report for Cultural Resources 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.