Maine Country Music Association
Maine Country Music Association operates on minimal revenue with occasional deficit spending.
EIN: 10428411 · Mechanic Fls, ME · NTEE: S41Z · Updated: 2026-03-28
Is Maine Country Music Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maine Country Music Association directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maine Country Music Association
Maine Country Music Association (EIN: 10428411) is a nonprofit organization based in Mechanic Fls, ME, classified under NTEE code S41Z. The organization reported total revenue of $3K and total assets of $132 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Country Music Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Country Music Association is a micro nonprofit that has been operating for 34 years, with 4 years of IRS 990 filings on record (2017–2020). Revenue has grown at a compound annual rate of 6.5%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $3K |
| Total Expenses | $3K |
| Surplus / Deficit | $-575 |
| Total Assets | $132 |
| Net Assets | $132 |
| Operating Margin | -22.5% |
| Months of Reserves | 0.5 months |
Financial Health Grade: C
In 2020, Maine Country Music Association reported a deficit of $575 with expenses exceeding revenue, holds 0.5 months of operating reserves (limited).
Financial Trends
Over 4 years of filings (2017–2020), Maine Country Music Association's revenue has grown at a compound annual growth rate (CAGR) of 6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -18.2% | +25.2% | -81.3% |
| 2019 | +20.1% | -1.7% | +731.8% |
| 2018 | +23.1% | -8.0% | -96.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1992 |
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 Country Music Association with a Mission Score of 70 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: 90%
- fundraising: 0%
According to IRS 990 filings, Maine Country Music Association allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $575, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is appropriate for an organization of this size and revenue level.
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 Maine Country Music Association's IRS 990 filings:
- Consistent deficit spending in multiple periods (e.g., 2020 expenses $3,125 vs. revenue $2,550)
- Declining asset base ($707 in 2019 to $132 in 2020)
- Very low overall assets ($132 in 2020) indicating limited financial cushion
Strengths
The following positive indicators were identified for Maine Country Music Association:
- No officer compensation reported, indicating volunteer leadership and efficient use of funds
- Low overall expenses, suggesting a lean operational model
- Consistent filing history, indicating transparency and compliance
Frequently Asked Questions about Maine Country Music Association
Is Maine Country Music Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Country Music Association (EIN: 10428411) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Maine Country Music Association spend its money?
Maine Country Music Association directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Maine Country Music Association tax-deductible?
Maine Country Music Association is registered as a tax-exempt nonprofit (EIN: 10428411). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Maine Country Music Association a good charity?
Given its small scale, volunteer-driven leadership (0% officer compensation), and consistent, albeit modest, program activities implied by its NTEE code, it appears to be a legitimate organization. However, its financial stability is a concern due to recurring deficit spending, such as expenses of $3,125 exceeding revenue of $2,550 in 2020.
How does its spending efficiency compare to similar nonprofits?
With no reported officer compensation and very low overall expenses, the organization demonstrates high efficiency in terms of overhead. However, its small scale makes direct comparison to larger nonprofits difficult. The primary efficiency challenge is managing expenses within its very limited revenue.
What are the long-term financial prospects for this organization?
The long-term financial prospects are challenging given its small and fluctuating revenue base, coupled with periods of deficit spending. Its assets have decreased from $707 in 2019 to $132 in 2020, suggesting a gradual erosion of reserves. Sustainable operations would require either increased revenue or consistent expense reduction.
Filing History
IRS 990 filing history for Maine Country Music Association showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2017–2020), Maine Country Music Association's revenue has grown by 20.9%, moving from $2K to $3K. Total assets decreased by 93.7% over the same period, from $2K to $132. Total functional expenses rose by 13.2%, from $3K to $3K. In its most recent filing year (2020), Maine Country Music Association reported a deficit of $575, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $3K | $3K | $132 | $0 | — | View 990 |
| 2019 | $3K | $2K | $707 | $0 | — | View 990 |
| 2018 | $3K | $3K | $85 | $0 | — | View 990 |
| 2017 | $2K | $3K | $2K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $3K, expenses of $3K, and assets of $132 (revenue -18.2% year-over-year).
- 2019: Revenue of $3K, expenses of $2K, and assets of $707 (revenue +20.1% year-over-year).
- 2018: Revenue of $3K, expenses of $3K, and assets of $85 (revenue +23.1% year-over-year).
- 2017: Revenue of $2K, expenses of $3K, and assets of $2K.
Data Sources and Methodology
This transparency report for Maine Country Music 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.