Fifth Maine Regiment Museum

Fifth Maine Regiment Museum maintains strong asset base with volunteer leadership and fluctuating but stable revenue.

EIN: 10357895 · Peaks Island, ME · Updated: 2026-03-28

$161KRevenue
$156KGross Revenue
$1.7MAssets
90/100Mission Score (Excellent)
Fifth Maine Regiment Museum Financial Summary
MetricValue
Total Revenue$161K
Total Expenses$163K
Program Spending85%
Net Assets$1.7M
Transparency Score90/100

Search Intent Cockpit

Fifth Maine Regiment Museum Form 990, Revenue, CEO Pay, and IRS Filing Signals

Fifth Maine Regiment Museum 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 Fifth Maine Regiment Museum in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $168K and expenses of $163K.

Revenue and Expenses

Fifth Maine Regiment Museum reported $168K in revenue and $163K in expenses, a surplus of $5K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

90/100 mission score, 0 red flags, and 4 strengths are shown from structured and AI review.

Is Fifth Maine Regiment Museum Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

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

PendingDonor/Grant Funding
85%Program Expense
$0Grants Paid
13Stored Filing Years

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

Fifth Maine Regiment Museum Expense Deployment
Program services$138K (85%)

Across stored filings, Fifth Maine Regiment Museum shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Fifth Maine Regiment Museum Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacyAppears LegitimateGood filing record; no red flags identified
Mission spend85% to programsExcellent
Financial durabilityGrade A13 stored filing years
Peer contextCompare with Maine Composite Materials Applied Technology Development CenterMaine and category context

Trust Check

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Fifth Maine Regiment Museum directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Fifth Maine Regiment Museum

Fifth Maine Regiment Museum (EIN: 10357895) is a nonprofit organization based in Peaks Island, ME. The organization reported total revenue of $161K and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fifth Maine Regiment Museum's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

48Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Fifth Maine Regiment Museum is a small nonprofit that has been operating for 48 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.9%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$168K
Total Expenses$163K
Surplus / Deficit+$5K
Total Assets$1.7M
Total Liabilities$4K
Net Assets$1.7M
Operating Margin3.1%
Debt-to-Asset Ratio0.2%
Months of Reserves125.6 months

Financial Health Grade: A

In 2023, Fifth Maine Regiment Museum reported a surplus of $5K with revenue exceeding expenses, holds 125.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Fifth Maine Regiment Museum's revenue has grown at a compound annual growth rate (CAGR) of 7.9%.

YearRevenue ChangeExpense ChangeAsset Change
2023+6.0%+22.4%+-0.0%
2022-12.9%+39.2%+2.1%
2021+198.2%+42.5%+6.6%
2020-67.6%+10.1%-0.3%
2019+199.3%-3.2%+8.8%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1978

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Fifth Maine Regiment Museum demonstrates consistent financial stability with a healthy asset base relative to its annual revenue. Over the past five years, assets have grown from $1,571,180 in 2019 to $1,702,117 in 2023, indicating sound financial management and potentially successful fundraising or investment strategies. The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer-driven leadership and efficient use of donor funds for its mission. While specific breakdowns of program, administrative, and fundraising expenses are not detailed in the provided summary, the overall expense levels are well within the range of its revenue, suggesting responsible spending. The museum's revenue has fluctuated, with a notable dip in 2020 ($60,992) likely due to the pandemic, but it has since recovered to $167,918 in 2023. Expenses have also shown variability, but generally remain below or close to revenue, allowing for asset growth. The consistent reporting of zero liabilities in several years (e.g., 2021, 2022) further underscores a strong financial position. The lack of officer compensation is a significant positive for transparency and efficiency, as it means all leadership is voluntary, directing more resources to the museum's operations and preservation efforts.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Fifth Maine Regiment Museum with a Mission Score of 90 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: 85%
  • fundraising: 5%

According to IRS 990 filings, Fifth Maine Regiment Museum allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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:

$168KTotal Revenue
$163KTotal Expenses
$1.7MTotal Assets
$4KTotal Liabilities
$1.7MNet Assets
  • The organization reported a surplus of $5K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 0.2%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based, which is highly commendable for a nonprofit 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.

Strengths

The following positive indicators were identified for Fifth Maine Regiment Museum:

  • Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
  • Strong and growing asset base, reaching $1,702,117 in 2023, demonstrating financial stability.
  • Responsible expense management, with expenses generally below or close to revenue, allowing for asset growth.
  • Low or zero liabilities in most years, indicating sound financial health and minimal debt.

Frequently Asked Questions about Fifth Maine Regiment Museum

Is Fifth Maine Regiment Museum a legitimate charity?

Fifth Maine Regiment Museum (EIN: 10357895) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $161K. No red flags identified. 4 strengths noted. Financial health grade: A.

How does Fifth Maine Regiment Museum spend its money?

Fifth Maine Regiment Museum directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Fifth Maine Regiment Museum tax-deductible?

Fifth Maine Regiment Museum is registered as a tax-exempt nonprofit (EIN: 10357895). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Fifth Maine Regiment Museum's spending goes to programs?

Fifth Maine Regiment Museum directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is Fifth Maine Regiment Museum located?

Fifth Maine Regiment Museum is headquartered in Peaks Island, Maine and files with the IRS under EIN 10357895.

How many years of IRS 990 filings does Fifth Maine Regiment Museum have?

Fifth Maine Regiment Museum has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $161K in total revenue.

Is Fifth Maine Regiment Museum a good charity?

Based on the provided data, the Fifth Maine Regiment Museum appears to be a very good charity. It has a strong and growing asset base ($1,702,117 in 2023), consistently reports 0% officer compensation, and manages its expenses responsibly relative to its revenue.

How has the museum's financial health changed over the past five years?

Over the past five years (2019-2023), the museum's assets have grown from $1,571,180 to $1,702,117. Revenue has fluctuated, with a low of $60,992 in 2020 and a high of $188,088 in 2019, but has generally recovered to $167,918 in 2023, indicating resilience and stable growth.

What is the organization's approach to executive compensation?

The organization's approach to executive compensation is to have none. All officer compensation is reported as 0% across all available filings, meaning its leadership serves on a voluntary basis.

Filing History

IRS 990 filing history for Fifth Maine Regiment Museum showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Fifth Maine Regiment Museum's revenue has grown by 149.4%, moving from $67K to $168K. Total assets increased by 25.1% over the same period, from $1.4M to $1.7M. Total functional expenses rose by 183.4%, from $57K to $163K. In its most recent filing year (2023), Fifth Maine Regiment Museum reported a surplus of $5K, with revenue exceeding expenses. The organization holds $4K in liabilities against $1.7M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $1.7M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $168K $163K $1.7M $4K
2022 $158K $133K $1.7M $0 View 990
2021 $182K $95K $1.7M $0 View 990
2020 $61K $67K $1.6M $630
2019 $188K $61K $1.6M $13 View 990
2018 $63K $63K $1.4M $25 View 990
2017 $64K $46K $1.4M $4K View 990
2016 $67K $55K $1.4M $0 View 990
2015 $63K $66K $1.4M $0 View 990
2014 $110K $72K $1.4M $500 View 990
2013 $59K $71K $1.4M $2K View 990
2012 $126K $96K $1.4M $0 View 990
2011 $67K $57K $1.4M $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $168K, expenses of $163K, and assets of $1.7M (revenue +6.0% year-over-year).
  • 2022: Revenue of $158K, expenses of $133K, and assets of $1.7M (revenue -12.9% year-over-year).
  • 2021: Revenue of $182K, expenses of $95K, and assets of $1.7M (revenue +198.2% year-over-year).
  • 2020: Revenue of $61K, expenses of $67K, and assets of $1.6M (revenue -67.6% year-over-year).
  • 2019: Revenue of $188K, expenses of $61K, and assets of $1.6M (revenue +199.3% year-over-year).
  • 2018: Revenue of $63K, expenses of $63K, and assets of $1.4M (revenue -2.1% year-over-year).
  • 2017: Revenue of $64K, expenses of $46K, and assets of $1.4M (revenue -4.3% year-over-year).
  • 2016: Revenue of $67K, expenses of $55K, and assets of $1.4M (revenue +5.9% year-over-year).
  • 2015: Revenue of $63K, expenses of $66K, and assets of $1.4M (revenue -42.3% year-over-year).
  • 2014: Revenue of $110K, expenses of $72K, and assets of $1.4M (revenue +85.7% year-over-year).
  • 2013: Revenue of $59K, expenses of $71K, and assets of $1.4M (revenue -53.1% year-over-year).
  • 2012: Revenue of $126K, expenses of $96K, and assets of $1.4M (revenue +87.0% year-over-year).
  • 2011: Revenue of $67K, expenses of $57K, and assets of $1.4M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Fifth Maine Regiment Museum:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Fifth Maine Regiment Museum 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.

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