Lincoln County Community Theater And Orchestra
Lincoln County Community Theater And Orchestra: Strong Assets, Volatile Revenue
EIN: 222491739 · Damariscotta, ME · NTEE: A650 · Updated: 2026-04-04
Is Lincoln County Community Theater And Orchestra Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lincoln County Community Theater And Orchestra directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lincoln County Community Theater And Orchestra
Lincoln County Community Theater And Orchestra (EIN: 222491739) is a nonprofit organization based in Damariscotta, ME, classified under NTEE code A650. The organization reported total revenue of $540K and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lincoln County Community Theater And Orchestra's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lincoln County Community Theater And Orchestra with a Mission Score of 75 out of 100 (Good). 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: 80%
- fundraising: 10%
According to IRS 990 filings, Lincoln County Community Theater And Orchestra allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The provided data indicates 'c0%' for executive compensation across all years, suggesting no reported compensation for officers, directors, trustees, or key employees, which warrants further investigation as it is uncommon for an organization with revenues exceeding $500,000 in some years.
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 Lincoln County Community Theater And Orchestra's IRS 990 filings:
- Consistent reporting of 0% compensation for officers, directors, trustees, and key employees across all years, which may indicate incomplete reporting or an unusual operational structure.
- Significant year-over-year revenue volatility, ranging from $1,694,015 in 2017 to $393,365 in 2022, which could impact long-term financial stability.
- Lack of detailed breakdown for expenses beyond total expenses (x), making it difficult to fully assess spending efficiency.
Strengths
The following positive indicators were identified for Lincoln County Community Theater And Orchestra:
- Strong and consistent growth in total assets, from $960,425 in 2016 to $3,237,906 in 2023, indicating good financial management and accumulation of resources.
- Low reported liabilities (e.g., $10,302 in 2023), suggesting a healthy balance sheet and minimal debt burden.
- Long operational history (data back to 2016) with continued existence, demonstrating resilience and community presence.
Frequently Asked Questions about Lincoln County Community Theater And Orchestra
Is Lincoln County Community Theater And Orchestra a legitimate charity?
Based on AI analysis of IRS 990 filings, Lincoln County Community Theater And Orchestra (EIN: 222491739) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Lincoln County Community Theater And Orchestra spend its money?
Lincoln County Community Theater And Orchestra directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lincoln County Community Theater And Orchestra tax-deductible?
Lincoln County Community Theater And Orchestra is registered as a tax-exempt nonprofit (EIN: 222491739). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Lincoln County Community Theater And Orchestra do?
Lincoln County Community Theater And Orchestra is a nonprofit organization in the Arts, Culture & Humanities sector, located in Damariscotta, Maine. It is classified under NTEE code A650.
How much revenue does Lincoln County Community Theater And Orchestra have?
Lincoln County Community Theater And Orchestra reported total revenue of $539,833. Based on 12 IRS 990 filings on record.
What are Lincoln County Community Theater And Orchestra's total assets?
Lincoln County Community Theater And Orchestra holds total assets of $3,237,906 as reported in IRS 990 filings.
Where is Lincoln County Community Theater And Orchestra located?
Lincoln County Community Theater And Orchestra is based in Damariscotta, Maine.
What is Lincoln County Community Theater And Orchestra's EIN?
Lincoln County Community Theater And Orchestra's Employer Identification Number (EIN) is 222491739. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Lincoln County Community Theater And Orchestra?
Lincoln County Community Theater And Orchestra is classified under NTEE code A650 (Arts, Culture & Humanities).
Is Lincoln County Community Theater And Orchestra a registered 501(c)(3)?
Yes, Lincoln County Community Theater And Orchestra is recognized as a tax-exempt organization by the IRS. EIN: 222491739.
Does Lincoln County Community Theater And Orchestra file IRS Form 990?
Yes, Lincoln County Community Theater And Orchestra has 12 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Lincoln County Community Theater And Orchestra's revenue in 2023?
In the 202312 filing period, Lincoln County Community Theater And Orchestra reported total revenue of $459,299, total expenses of $500,671, and net assets of $2,907,385.
Is Lincoln County Community Theater And Orchestra's revenue growing or declining?
Lincoln County Community Theater And Orchestra's revenue is growing. Revenue went from $393,365 (202212) to $459,299 (202312), a +16.8% change. Based on 12 filings on record.
What is Lincoln County Community Theater And Orchestra's most recent 990 filing?
The most recent IRS Form 990 filing for Lincoln County Community Theater And Orchestra covers tax period 202312. It shows revenue of $459,299, expenses of $500,671, total assets of $2,907,385, and liabilities of $10,302.
How much does Lincoln County Community Theater And Orchestra spend on programs vs administration?
Based on IRS 990 analysis, Lincoln County Community Theater And Orchestra allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Lincoln County Community Theater And Orchestra a trustworthy charity?
Based on AI analysis of IRS 990 data, Lincoln County Community Theater And Orchestra appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Lincoln County Community Theater And Orchestra?
The following concerns were identified: Consistent reporting of 0% compensation for officers, directors, trustees, and key employees across all years, which may indicate incomplete reporting or an unusual operational structure.. Significant year-over-year revenue volatility, ranging from $1,694,015 in 2017 to $393,365 in 2022, which could impact long-term financial stability.. Lack of detailed breakdown for expenses beyond total expenses (x), making it difficult to fully assess spending efficiency.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Lincoln County Community Theater And Orchestra's strengths?
Positive indicators for Lincoln County Community Theater And Orchestra include: Strong and consistent growth in total assets, from $960,425 in 2016 to $3,237,906 in 2023, indicating good financial management and accumulation of resources.. Low reported liabilities (e.g., $10,302 in 2023), suggesting a healthy balance sheet and minimal debt burden.. Long operational history (data back to 2016) with continued existence, demonstrating resilience and community presence.. These findings are derived from AI analysis of the organization's financial filings.
How does Lincoln County Community Theater And Orchestra compensate executives?
The provided data indicates 'c0%' for executive compensation across all years, suggesting no reported compensation for officers, directors, trustees, or key employees, which warrants further investigation as it is uncommon for an organization with revenues exceeding $500,000 in some years. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Lincoln County Community Theater And Orchestra?
• The organization consistently reports 0% compensation to officers, directors, trustees, and key employees, which is unusual for an organization of its size and revenue. • Detailed program service accomplishments are not readily available in the provided data, making it difficult to assess impact. • Financial filings show consistent growth in assets over the past several years. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent 'c0%' for executive compensation, how does the organization manage its leadership and operational oversight, and what mechanisms are in place for governance without compensated key employees?
The consistent reporting of 0% compensation for key personnel suggests either a fully volunteer-run leadership structure, or that compensation is being reported under different categories not explicitly detailed in the provided summary. Further inquiry into their governance documents and detailed expense breakdowns would be necessary to understand how leadership is sustained and compensated, if at all.
What factors contribute to the significant fluctuations in annual revenue, and what strategies are employed to mitigate the impact of such volatility on program delivery and long-term planning?
Revenue has varied dramatically, from a high of $1,694,015 in 2017 to a low of $393,365 in 2022. This could be due to reliance on large, infrequent grants, cyclical fundraising events, or external economic factors impacting donations or ticket sales. Understanding the specific revenue streams and their inherent variability is crucial for assessing the organization's financial resilience and strategic planning.
Filing History
IRS 990 filing history for Lincoln County Community Theater And Orchestra showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Lincoln County Community Theater And Orchestra's revenue has grown by 111.6%, moving from $217K to $459K. Total assets increased by 254.8% over the same period, from $819K to $2.9M. Total functional expenses rose by 80.8%, from $277K to $501K. In its most recent filing year (2023), Lincoln County Community Theater And Orchestra reported a deficit of $41K, with expenses exceeding revenue. The organization holds $10K in liabilities against $2.9M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $2.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $459K | $501K | $2.9M | $10K | — | — |
| 2022 | $393K | $514K | $2.5M | $11K | — | View 990 |
| 2021 | $617K | $442K | $3.2M | $11K | — | View 990 |
| 2020 | $729K | $335K | $2.7M | $6K | — | — |
| 2019 | $748K | $479K | $2.3M | $15K | — | View 990 |
| 2018 | $421K | $420K | $2.0M | $16K | — | View 990 |
| 2017 | $1.7M | $393K | $2.1M | $45K | — | View 990 |
| 2016 | $431K | $391K | $960K | $234K | — | View 990 |
| 2015 | $473K | $387K | $984K | $298K | — | View 990 |
| 2014 | $352K | $367K | $934K | $334K | — | View 990 |
| 2013 | $276K | $320K | $951K | $336K | — | View 990 |
| 2011 | $217K | $277K | $819K | $234K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $459K, expenses of $501K, and assets of $2.9M (revenue +16.8% year-over-year).
- 2022: Revenue of $393K, expenses of $514K, and assets of $2.5M (revenue -36.2% year-over-year).
- 2021: Revenue of $617K, expenses of $442K, and assets of $3.2M (revenue -15.4% year-over-year).
- 2020: Revenue of $729K, expenses of $335K, and assets of $2.7M (revenue -2.5% year-over-year).
- 2019: Revenue of $748K, expenses of $479K, and assets of $2.3M (revenue +77.6% year-over-year).
- 2018: Revenue of $421K, expenses of $420K, and assets of $2.0M (revenue -75.1% year-over-year).
- 2017: Revenue of $1.7M, expenses of $393K, and assets of $2.1M (revenue +292.8% year-over-year).
- 2016: Revenue of $431K, expenses of $391K, and assets of $960K (revenue -8.8% year-over-year).
- 2015: Revenue of $473K, expenses of $387K, and assets of $984K (revenue +34.3% year-over-year).
- 2014: Revenue of $352K, expenses of $367K, and assets of $934K (revenue +27.5% year-over-year).
- 2013: Revenue of $276K, expenses of $320K, and assets of $951K (revenue +27.2% year-over-year).
- 2011: Revenue of $217K, expenses of $277K, and assets of $819K.
Data Sources and Methodology
This transparency report for Lincoln County Community Theater And Orchestra 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.