Deer Isle Stonington Historical Society Inc
Deer Isle Stonington Historical Society maintains strong assets and zero officer compensation over a decade.
EIN: 16013511 · Deer Isle, ME · NTEE: A82 · Updated: 2026-03-28
Is Deer Isle Stonington Historical Society Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Deer Isle Stonington Historical Society Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Deer Isle Stonington Historical Society Inc
Deer Isle Stonington Historical Society Inc (EIN: 16013511) is a nonprofit organization based in Deer Isle, ME, classified under NTEE code A82. The organization reported total revenue of $89K and total assets of $758K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Deer Isle Stonington Historical Society Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Deer Isle Stonington Historical Society Inc is a micro nonprofit that has been operating for 66 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $52K |
| Total Expenses | $52K |
| Surplus / Deficit | $-425 |
| Total Assets | $722K |
| Total Liabilities | $761 |
| Net Assets | $721K |
| Operating Margin | -0.8% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 165.0 months |
Financial Health Grade: B
In 2023, Deer Isle Stonington Historical Society Inc reported a deficit of $425 with expenses exceeding revenue, holds 165.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Deer Isle Stonington Historical Society Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -32.7% | -6.9% | -0.4% |
| 2022 | -32.7% | -45.2% | -3.8% |
| 2021 | +48.2% | +87.4% | +8.6% |
| 2020 | +22.2% | -4.6% | +3.4% |
| 2019 | -27.9% | +28.3% | +0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1960 |
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 Deer Isle Stonington Historical Society Inc with a Mission Score of 92 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Deer Isle Stonington Historical Society Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% 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 deficit of $425, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based or compensated through non-officer roles, which is highly favorable for a non-profit of its size.
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 Deer Isle Stonington Historical Society Inc's IRS 990 filings:
- Slightly negative net income in 2023 ($52,069 revenue vs. $52,494 expenses), though minor and not a consistent trend.
Strengths
The following positive indicators were identified for Deer Isle Stonington Historical Society Inc:
- Consistent asset growth from $557,718 (2013) to $757,517 (current).
- Zero officer compensation reported across all available filings (12 periods).
- Very low liabilities consistently maintained over the past decade.
- Stable financial operations with expenses generally managed within revenue limits.
- Strong indication of program focus due to minimal administrative and fundraising overhead implied by 0% officer compensation.
Frequently Asked Questions about Deer Isle Stonington Historical Society Inc
Is Deer Isle Stonington Historical Society Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Deer Isle Stonington Historical Society Inc (EIN: 16013511) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Deer Isle Stonington Historical Society Inc spend its money?
Deer Isle Stonington Historical Society Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Deer Isle Stonington Historical Society Inc tax-deductible?
Deer Isle Stonington Historical Society Inc is registered as a tax-exempt nonprofit (EIN: 16013511). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Deer Isle Stonington Historical Society Inc a good charity?
Based on the available IRS 990 data, the Deer Isle Stonington Historical Society Inc appears to be a very good charity. It demonstrates strong financial health with growing assets ($757,517), very low liabilities, and a consistent record of 0% officer compensation, indicating efficient use of funds and a strong commitment to its mission.
How has the organization's financial health changed over time?
The organization's financial health has steadily improved over time, with assets growing from $557,718 in 2013 to $757,517 currently. While annual revenues and expenses fluctuate, the overall trend shows responsible management and asset accumulation.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation, suggesting a volunteer-driven leadership model or compensation structures that do not fall under the 'officer compensation' category, which is a positive indicator of resource allocation towards its mission.
Filing History
IRS 990 filing history for Deer Isle Stonington Historical Society Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Deer Isle Stonington Historical Society Inc's revenue has declined by 40.3%, moving from $87K to $52K. Total assets increased by 60.5% over the same period, from $450K to $722K. Total functional expenses rose by 164.8%, from $20K to $52K. In its most recent filing year (2023), Deer Isle Stonington Historical Society Inc reported a deficit of $425, with expenses exceeding revenue. The organization holds $761 in liabilities against $722K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $721K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $52K | $52K | $722K | $761 | — | View 990 |
| 2022 | $77K | $56K | $725K | $3K | — | View 990 |
| 2021 | $115K | $103K | $753K | $47K | — | — |
| 2020 | $78K | $55K | $694K | $175 | — | View 990 |
| 2019 | $64K | $57K | $671K | $241 | — | View 990 |
| 2018 | $88K | $45K | $665K | $162 | — | View 990 |
| 2017 | $38K | $50K | $621K | $56 | — | View 990 |
| 2016 | $65K | $39K | $629K | $26 | — | View 990 |
| 2014 | $64K | $37K | $584K | $8K | — | View 990 |
| 2013 | $58K | $38K | $558K | $11K | — | View 990 |
| 2012 | $88K | $38K | $500K | $0 | — | View 990 |
| 2011 | $87K | $20K | $450K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $52K, expenses of $52K, and assets of $722K (revenue -32.7% year-over-year).
- 2022: Revenue of $77K, expenses of $56K, and assets of $725K (revenue -32.7% year-over-year).
- 2021: Revenue of $115K, expenses of $103K, and assets of $753K (revenue +48.2% year-over-year).
- 2020: Revenue of $78K, expenses of $55K, and assets of $694K (revenue +22.2% year-over-year).
- 2019: Revenue of $64K, expenses of $57K, and assets of $671K (revenue -27.9% year-over-year).
- 2018: Revenue of $88K, expenses of $45K, and assets of $665K (revenue +131.1% year-over-year).
- 2017: Revenue of $38K, expenses of $50K, and assets of $621K (revenue -41.2% year-over-year).
- 2016: Revenue of $65K, expenses of $39K, and assets of $629K (revenue +1.8% year-over-year).
- 2014: Revenue of $64K, expenses of $37K, and assets of $584K (revenue +9.1% year-over-year).
- 2013: Revenue of $58K, expenses of $38K, and assets of $558K (revenue -33.7% year-over-year).
- 2012: Revenue of $88K, expenses of $38K, and assets of $500K (revenue +0.8% year-over-year).
- 2011: Revenue of $87K, expenses of $20K, and assets of $450K.
Data Sources and Methodology
This transparency report for Deer Isle Stonington Historical Society 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.