Down East Singers

Down East Singers maintains stable finances with volunteer leadership and no officer compensation.

EIN: 10460112 · Rockport, ME · NTEE: A6BZ · Updated: 2026-03-28

$59KRevenue

$47KAssets

92/100Mission Score (Excellent)

A6BZ

About Down East Singers

Down East Singers (EIN: 10460112) is a nonprofit organization based in Rockport, ME, classified under NTEE code A6BZ. The organization reported total revenue of $59K and total assets of $47K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Down East Singers's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Down East Singers demonstrates consistent financial activity typical of a small, community-based arts organization. With annual revenues generally fluctuating between $48,000 and $75,000, the organization operates on a modest budget. Their financial health appears stable, with assets consistently exceeding liabilities, often with no reported liabilities at all, indicating a strong balance sheet for its size. The organization's expenses closely track its revenues, suggesting a lean operational model focused on delivering its programs.

Spending efficiency is a notable strength, as the organization consistently reports 0% officer compensation across all filings, indicating that leadership is likely volunteer-based or compensated minimally through other means not classified as officer compensation. This allows a greater proportion of funds to be directed towards its mission. The absence of liabilities in most recent filings further underscores prudent financial management.

Transparency is high, given the consistent filing of IRS Form 990s over many years and the clear reporting of financial figures. The lack of officer compensation is a key indicator of a highly program-focused and volunteer-driven structure, which enhances public trust. Overall, Down East Singers appears to be a well-managed and transparent nonprofit, effectively utilizing its limited resources.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Down East Singers 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: 10%
programs: 90%
fundraising: 0%

According to IRS 990 filings, Down East Singers 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.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of this 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.

Strengths

The following positive indicators were identified for Down East Singers:

Consistent 0% officer compensation, indicating high efficiency and volunteer leadership.
Strong balance sheet with assets consistently exceeding liabilities, often reporting $0 liabilities.
Consistent filing of IRS Form 990s, demonstrating transparency.
Expenses closely track revenues, suggesting prudent financial management and a focus on mission delivery.
Stable financial operations for a small arts organization, with revenues generally between $48,000 and $75,000.

Frequently Asked Questions about Down East Singers

Is Down East Singers a good charity?

Yes, Down East Singers appears to be a good charity, especially for its size. It demonstrates strong financial health with assets exceeding liabilities, consistent program delivery, and exceptional spending efficiency with 0% officer compensation reported across all filings. This indicates that nearly all funds are directed towards its mission.

How does Down East Singers manage its administrative costs?

Given the 0% officer compensation and the close alignment of expenses to revenues, Down East Singers appears to manage administrative costs very efficiently, likely through volunteer efforts and minimal overhead. While specific administrative expense breakdowns aren't detailed in the summary, the overall financial picture suggests a lean operation.

What is the trend in Down East Singers' revenue and expenses?

Down East Singers' revenue and expenses have generally fluctuated between $40,000 and $75,000 over the past decade, with expenses closely mirroring revenue. For example, in 202406, revenue was $54,844 and expenses were $54,565, showing a balanced budget. There have been periods of slight deficits (e.g., 202306, 202206) and surpluses (e.g., 202406, 201606), which is common for small nonprofits.

Filing History

IRS 990 filing history for Down East Singers showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2024), Down East Singers's revenue has grown by 27.6%, moving from $43K to $55K. Total assets increased by 720.7% over the same period, from $4K to $36K. Total functional expenses rose by 20%, from $45K to $55K. In its most recent filing year (2024), Down East Singers reported a surplus of $279, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$55K	$55K	$36K	$0	—	—
2023	$48K	$60K	$36K	$0	—	—
2022	$52K	$59K	$47K	$0	—	View 990
2021	$27K	$40K	$54K	$0	—	—
2020	$44K	$42K	$68K	$0	—	View 990
2019	$55K	$55K	$66K	$0	—	View 990
2018	$54K	$54K	$66K	$0	—	View 990
2017	$53K	$52K	$66K	$0	—	View 990
2016	$64K	$50K	$67K	$0	—	View 990
2015	$76K	$58K	$58K	$5K	—	View 990
2014	$65K	$54K	$35K	$0	—	View 990
2013	$68K	$47K	$24K	$0	—	View 990
2012	$45K	$46K	$5K	$2K	—	View 990
2011	$43K	$45K	$4K	$0	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $55K, expenses of $55K, and assets of $36K (revenue +13.3% year-over-year).
2023: Revenue of $48K, expenses of $60K, and assets of $36K (revenue -7.0% year-over-year).
2022: Revenue of $52K, expenses of $59K, and assets of $47K (revenue +92.5% year-over-year).
2021: Revenue of $27K, expenses of $40K, and assets of $54K (revenue -39.2% year-over-year).
2020: Revenue of $44K, expenses of $42K, and assets of $68K (revenue -19.5% year-over-year).
2019: Revenue of $55K, expenses of $55K, and assets of $66K (revenue +2.1% year-over-year).
2018: Revenue of $54K, expenses of $54K, and assets of $66K (revenue +3.1% year-over-year).
2017: Revenue of $53K, expenses of $52K, and assets of $66K (revenue -18.4% year-over-year).
2016: Revenue of $64K, expenses of $50K, and assets of $67K (revenue -14.8% year-over-year).
2015: Revenue of $76K, expenses of $58K, and assets of $58K (revenue +15.9% year-over-year).
2014: Revenue of $65K, expenses of $54K, and assets of $35K (revenue -3.6% year-over-year).
2013: Revenue of $68K, expenses of $47K, and assets of $24K (revenue +49.4% year-over-year).
2012: Revenue of $45K, expenses of $46K, and assets of $5K (revenue +5.3% year-over-year).
2011: Revenue of $43K, expenses of $45K, and assets of $4K.

Data Sources and Methodology

This transparency report for Down East Singers 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.