Franklin Historical Society
Franklin Historical Society dedicates 75% of spending to programs with stable finances.
EIN: 10378440 · Franklin, ME · NTEE: A80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $114K |
| Program Spending | 75% |
| CEO/Top Officer Pay | $113,939, |
| Transparency Score | 85/100 |
Is Franklin Historical Society Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Franklin Historical Society directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Franklin Historical Society
Franklin Historical Society (EIN: 10378440) is a nonprofit organization based in Franklin, ME, classified under NTEE code A80. The organization reported total revenue of $114K and total assets of $113K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Franklin Historical Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
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 Franklin Historical Society with a Mission Score of 85 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Franklin Historical Society 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
Given the organization's small revenue of $113,939, it is highly probable that executive compensation is minimal or non-existent, often relying on volunteer leadership or part-time staff.
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 Franklin Historical Society:
- Strong program spending ratio of 75%
- Stable financial position with assets comparable to annual revenue ($113,006 assets vs. $113,939 revenue)
- Community-focused mission (NTEE Code A80 - Historical Societies & Historic Preservation)
Frequently Asked Questions about Franklin Historical Society
Is Franklin Historical Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Franklin Historical Society (EIN: 10378440) appears legitimate. Mission Score: 85/100. 0 red flags identified, 3 strengths noted.
How does Franklin Historical Society spend its money?
Franklin Historical Society directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Franklin Historical Society tax-deductible?
Franklin Historical Society is registered as a tax-exempt nonprofit (EIN: 10378440). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Franklin Historical Society CEO make?
Franklin Historical Society's highest-compensated officer earns $113,939, annually. The organization reported $114K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Franklin Historical Society's spending goes to programs?
Franklin Historical Society directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Franklin Historical Society compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Franklin Historical Society is above average for NTEE category A80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Franklin Historical Society located?
Franklin Historical Society is headquartered in Franklin, Maine and files with the IRS under EIN 10378440. It is classified under NTEE code A80.
Is the Franklin Historical Society financially stable?
Yes, with assets of $113,006 closely matching its latest revenue of $113,939, the organization appears to have a stable financial foundation for its size.
How much of its budget goes directly to programs?
The Franklin Historical Society allocates 75% of its spending directly to its programs, indicating a strong focus on its mission.
Data Sources and Methodology
This transparency report for Franklin Historical Society 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.