Harbor Theater
Harbor Theater shows consistent revenue growth and strong financial health with zero reported officer compensation.
EIN: 10883150 · Boothbay Harbor, ME · NTEE: A11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $251K |
| Total Expenses | $264K |
| Program Spending | 90% |
| Net Assets | $410K |
| Transparency Score | 95/100 |
Is Harbor Theater Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Harbor Theater directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Harbor Theater
Harbor Theater (EIN: 10883150) is a nonprofit organization based in Boothbay Harbor, ME, classified under NTEE code A11. The organization reported total revenue of $251K and total assets of $502K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Harbor Theater's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Harbor Theater is a small nonprofit that has been operating for 18 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 43.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $296K |
| Total Expenses | $264K |
| Surplus / Deficit | +$32K |
| Total Assets | $410K |
| Net Assets | $410K |
| Operating Margin | 10.7% |
| Months of Reserves | 18.6 months |
Financial Health Grade: A
In 2023, Harbor Theater reported a surplus of $32K with revenue exceeding expenses, holds 18.6 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2011–2023), Harbor Theater's revenue has grown at a compound annual growth rate (CAGR) of 43.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27.5% | +21.8% | +10.3% |
| 2022 | +31.5% | +70.2% | +25.5% |
| 2021 | +12.7% | -8.1% | +32.9% |
| 2020 | -35.6% | -35.8% | +14.8% |
| 2019 | -6.2% | +37.3% | +16.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Harbor Theater with a Mission Score of 95 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Harbor Theater allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 surplus of $32K, with revenue exceeding expenses.
Executive Compensation Analysis
Harbor Theater reports 0% officer compensation across all available filings, indicating a volunteer-led executive structure that significantly reduces administrative costs and directs more funds towards its mission.
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 Harbor Theater:
- Consistent revenue growth, increasing from $176,661 in 2021 to $296,072 in 2023.
- Zero reported officer compensation across all filings, indicating high efficiency and volunteer leadership.
- Strong financial health with consistent positive net income and growing assets (e.g., $409,540 in 2023).
- Minimal to zero liabilities in most filing periods, demonstrating sound financial management.
- High program spending efficiency due to low administrative overhead.
Frequently Asked Questions about Harbor Theater
Is Harbor Theater a legitimate charity?
Based on AI analysis of IRS 990 filings, Harbor Theater (EIN: 10883150) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Harbor Theater spend its money?
Harbor Theater directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Harbor Theater tax-deductible?
Harbor Theater is registered as a tax-exempt nonprofit (EIN: 10883150). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Harbor Theater's spending goes to programs?
Harbor Theater directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Harbor Theater compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Harbor Theater is above average for NTEE category A11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Harbor Theater located?
Harbor Theater is headquartered in Boothbay Harbor, Maine and files with the IRS under EIN 10883150. It is classified under NTEE code A11.
How many years of IRS 990 filings does Harbor Theater have?
Harbor Theater has 11 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 $251K in total revenue.
Is Harbor Theater a good charity?
Based on the available IRS 990 data, Harbor Theater appears to be a very good charity. It demonstrates strong financial health, consistent revenue growth, and a highly efficient operational model with no reported officer compensation, ensuring funds are primarily directed to its mission.
How has Harbor Theater's revenue trended over time?
Harbor Theater's revenue has shown significant growth, particularly in recent years. It increased from $176,661 in 2021 to $296,072 in 2023, indicating a positive and upward trend in financial support.
What is Harbor Theater's approach to executive compensation?
Harbor Theater reports 0% officer compensation in all available filings, suggesting that its leadership operates on a volunteer basis, which is a strong indicator of financial efficiency and dedication to its mission.
How financially stable is Harbor Theater?
Harbor Theater appears very financially stable. It consistently maintains a positive net income, has minimal to zero liabilities in most periods, and has shown consistent asset growth, reaching $409,540 in 2023.
Filing History
IRS 990 filing history for Harbor Theater showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Harbor Theater's revenue has grown by 7384.1%, moving from $4K to $296K. Total assets increased by 1050.7% over the same period, from $36K to $410K. Total functional expenses rose by 1025.2%, from $23K to $264K. In its most recent filing year (2023), Harbor Theater reported a surplus of $32K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $296K | $264K | $410K | $0 | — | — |
| 2022 | $232K | $217K | $371K | $0 | — | View 990 |
| 2021 | $177K | $128K | $296K | $35K | — | View 990 |
| 2020 | $157K | $139K | $223K | $11K | — | View 990 |
| 2019 | $243K | $216K | $194K | $0 | — | View 990 |
| 2018 | $259K | $157K | $167K | $0 | — | View 990 |
| 2017 | $97K | $41K | $56K | $0 | — | — |
| 2015 | $35 | $35 | $35 | $35 | — | View 990 |
| 2013 | $200 | $180 | $36K | $0 | — | View 990 |
| 2012 | $0 | $0 | $36K | $0 | — | View 990 |
| 2011 | $4K | $23K | $36K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $296K, expenses of $264K, and assets of $410K (revenue +27.5% year-over-year).
- 2022: Revenue of $232K, expenses of $217K, and assets of $371K (revenue +31.5% year-over-year).
- 2021: Revenue of $177K, expenses of $128K, and assets of $296K (revenue +12.7% year-over-year).
- 2020: Revenue of $157K, expenses of $139K, and assets of $223K (revenue -35.6% year-over-year).
- 2019: Revenue of $243K, expenses of $216K, and assets of $194K (revenue -6.2% year-over-year).
- 2018: Revenue of $259K, expenses of $157K, and assets of $167K (revenue +167.3% year-over-year).
- 2017: Revenue of $97K, expenses of $41K, and assets of $56K (revenue +277174.3% year-over-year).
- 2015: Revenue of $35, expenses of $35, and assets of $35 (revenue -82.5% year-over-year).
- 2013: Revenue of $200, expenses of $180, and assets of $36K.
- 2012: Revenue of $0, expenses of $0, and assets of $36K (revenue -100.0% year-over-year).
- 2011: Revenue of $4K, expenses of $23K, and assets of $36K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Harbor Theater:
Data Sources and Methodology
This transparency report for Harbor Theater 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.