Lincoln County Historical Association
Lincoln County Historical Association consistently generates surpluses, growing assets, and reports no officer compensation.
EIN: 10239808 · Wiscasset, ME · NTEE: A82Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $241K |
| Total Expenses | $131K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $800,000. |
| Net Assets | $794K |
| Transparency Score | 95/100 |
Is Lincoln County Historical Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lincoln County Historical Association directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lincoln County Historical Association
Lincoln County Historical Association (EIN: 10239808) is a nonprofit organization based in Wiscasset, ME, classified under NTEE code A82Z. The organization reported total revenue of $241K and total assets of $794K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lincoln County Historical Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lincoln County Historical Association is a small nonprofit that has been operating for 71 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $231K |
| Total Expenses | $131K |
| Surplus / Deficit | +$100K |
| Total Assets | $794K |
| Total Liabilities | $169 |
| Net Assets | $794K |
| Operating Margin | 43.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 72.9 months |
Financial Health Grade: A
In 2023, Lincoln County Historical Association reported a surplus of $100K with revenue exceeding expenses, holds 72.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Lincoln County Historical Association's revenue has grown at a compound annual growth rate (CAGR) of 10.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +76.0% | +15.1% | +18.6% |
| 2022 | +11.7% | +10.3% | -8.3% |
| 2021 | -7.8% | +17.2% | +4.3% |
| 2020 | +36.4% | -15.5% | +12.0% |
| 2019 | -2.6% | -7.5% | +6.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1955 |
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 Lincoln County Historical Association 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Lincoln County Historical Association allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. 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 $100K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its size with assets nearing $800,000.
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 Lincoln County Historical Association:
- Consistent financial surpluses (e.g., $230,911 revenue vs. $130,634 expenses in 2023).
- Strong and growing asset base, reaching $793,988 in 2023.
- Zero reported officer compensation across all filings, indicating high efficiency.
- Low liabilities, demonstrating financial stability.
- Excellent transparency with 13 years of consistent IRS 990 filings.
Frequently Asked Questions about Lincoln County Historical Association
Is Lincoln County Historical Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Lincoln County Historical Association (EIN: 10239808) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Lincoln County Historical Association spend its money?
Lincoln County Historical Association directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lincoln County Historical Association tax-deductible?
Lincoln County Historical Association is registered as a tax-exempt nonprofit (EIN: 10239808). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Lincoln County Historical Association CEO make?
Lincoln County Historical Association's highest-compensated officer earns $800,000. annually. The organization reported $241K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Lincoln County Historical Association's spending goes to programs?
Lincoln County Historical Association directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Lincoln County Historical Association compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Lincoln County Historical Association is above average for NTEE category A82Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lincoln County Historical Association located?
Lincoln County Historical Association is headquartered in Wiscasset, Maine and files with the IRS under EIN 10239808. It is classified under NTEE code A82Z.
How many years of IRS 990 filings does Lincoln County Historical Association have?
Lincoln County Historical Association 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 $241K in total revenue.
Is Lincoln County Historical Association a good charity?
Based on its financial data, the Lincoln County Historical Association appears to be a very good charity. It consistently generates surpluses, has a strong and growing asset base ($793,988 in 2023), and reports 0% officer compensation, suggesting a high dedication of resources to its mission.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time. Revenue has grown from $49,060 in 2014 to $230,911 in 2023, and assets have nearly doubled from $460,137 to $793,988 in the same period, indicating robust growth and stability.
What is the organization's spending efficiency?
The organization demonstrates excellent spending efficiency. With 0% officer compensation and consistent surpluses (e.g., $230,911 revenue vs. $130,634 expenses in 2023), a very high proportion of its expenditures likely goes directly to program services, minimizing administrative and fundraising overhead.
Filing History
IRS 990 filing history for Lincoln County Historical Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lincoln County Historical Association's revenue has grown by 214.5%, moving from $73K to $231K. Total assets increased by 88.2% over the same period, from $422K to $794K. Total functional expenses rose by 97.6%, from $66K to $131K. In its most recent filing year (2023), Lincoln County Historical Association reported a surplus of $100K, with revenue exceeding expenses. The organization holds $169 in liabilities against $794K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $794K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $231K | $131K | $794K | $169 | — | — |
| 2022 | $131K | $113K | $669K | $12K | — | View 990 |
| 2021 | $118K | $103K | $730K | $22K | — | View 990 |
| 2020 | $127K | $88K | $700K | $19K | — | View 990 |
| 2019 | $93K | $104K | $625K | $12K | — | View 990 |
| 2018 | $96K | $112K | $586K | $12K | — | View 990 |
| 2017 | $132K | $106K | $622K | $10K | — | View 990 |
| 2016 | $130K | $79K | $581K | $21K | — | View 990 |
| 2015 | $86K | $47K | $499K | $87 | — | View 990 |
| 2014 | $49K | $34K | $460K | $121 | — | View 990 |
| 2013 | $82K | $70K | $445K | $2 | — | View 990 |
| 2012 | $51K | $40K | $433K | $52 | — | View 990 |
| 2011 | $73K | $66K | $422K | $8 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $231K, expenses of $131K, and assets of $794K (revenue +76.0% year-over-year).
- 2022: Revenue of $131K, expenses of $113K, and assets of $669K (revenue +11.7% year-over-year).
- 2021: Revenue of $118K, expenses of $103K, and assets of $730K (revenue -7.8% year-over-year).
- 2020: Revenue of $127K, expenses of $88K, and assets of $700K (revenue +36.4% year-over-year).
- 2019: Revenue of $93K, expenses of $104K, and assets of $625K (revenue -2.6% year-over-year).
- 2018: Revenue of $96K, expenses of $112K, and assets of $586K (revenue -27.6% year-over-year).
- 2017: Revenue of $132K, expenses of $106K, and assets of $622K (revenue +1.5% year-over-year).
- 2016: Revenue of $130K, expenses of $79K, and assets of $581K (revenue +52.4% year-over-year).
- 2015: Revenue of $86K, expenses of $47K, and assets of $499K (revenue +74.4% year-over-year).
- 2014: Revenue of $49K, expenses of $34K, and assets of $460K (revenue -40.1% year-over-year).
- 2013: Revenue of $82K, expenses of $70K, and assets of $445K (revenue +59.8% year-over-year).
- 2012: Revenue of $51K, expenses of $40K, and assets of $433K (revenue -30.2% year-over-year).
- 2011: Revenue of $73K, expenses of $66K, and assets of $422K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lincoln County Historical Association:
Data Sources and Methodology
This transparency report for Lincoln County Historical Association 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.