Maine Art Gallery
Maine Art Gallery operates near break-even with no liabilities and volunteer leadership.
EIN: 10246129 · Wiscasset, ME · NTEE: A51Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $48K |
| Total Expenses | $75K |
| Program Spending | 85% |
| Net Assets | $16K |
| Transparency Score | 85/100 |
Is Maine Art Gallery Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maine Art Gallery directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maine Art Gallery
Maine Art Gallery (EIN: 10246129) is a nonprofit organization based in Wiscasset, ME, classified under NTEE code A51Z. The organization reported total revenue of $48K and total assets of $13K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Art Gallery's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Art Gallery is a micro nonprofit that has been operating for 33 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $76K |
| Total Expenses | $75K |
| Surplus / Deficit | +$890 |
| Total Assets | $16K |
| Net Assets | $16K |
| Operating Margin | 1.2% |
| Months of Reserves | 2.6 months |
Financial Health Grade: A
In 2023, Maine Art Gallery reported a surplus of $890 with revenue exceeding expenses, holds 2.6 months of operating reserves (limited).
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1993 |
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 Maine Art Gallery 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Maine Art Gallery 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:
- The organization reported a surplus of $890, with revenue exceeding expenses.
Executive Compensation Analysis
The Maine Art Gallery reported 0% officer compensation in its 202312 filing, indicating that its leadership is likely volunteer-based or receives no salary, which is common for very small nonprofits and suggests a high dedication to 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 Maine Art Gallery:
- Operates near break-even (Revenue $75,716, Expenses $74,826 in 202312).
- No reported liabilities ($0 in 202312), indicating financial stability.
- 0% officer compensation reported, suggesting strong volunteer support and efficient use of funds.
- Positive net assets ($16,305 in 202312) for an organization of its size.
Frequently Asked Questions about Maine Art Gallery
Is Maine Art Gallery a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Art Gallery (EIN: 10246129) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Maine Art Gallery spend its money?
Maine Art Gallery directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Maine Art Gallery tax-deductible?
Maine Art Gallery is registered as a tax-exempt nonprofit (EIN: 10246129). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Maine Art Gallery's spending goes to programs?
Maine Art Gallery directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Maine Art Gallery compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Maine Art Gallery is above average for NTEE category A51Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Maine Art Gallery located?
Maine Art Gallery is headquartered in Wiscasset, Maine and files with the IRS under EIN 10246129. It is classified under NTEE code A51Z.
Is Maine Art Gallery a good charity?
Based on the available data, Maine Art Gallery appears to be a well-managed small charity. It operates near break-even (Revenue $75,716, Expenses $74,826), has no liabilities, and reports 0% officer compensation, suggesting efficient use of funds and strong volunteer involvement.
How does Maine Art Gallery manage its expenses?
In its 202312 filing, Maine Art Gallery's expenses ($74,826) were very close to its revenues ($75,716), indicating careful management to avoid significant deficits. The absence of officer compensation suggests a lean operational structure.
Filing History
IRS 990 filing history for Maine Art Gallery showing financial trends over 1 year of public records:
In its most recent filing year (2023), Maine Art Gallery reported a surplus of $890, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $76K | $75K | $16K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine Art Gallery:
Data Sources and Methodology
This transparency report for Maine Art Gallery 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.