Maine Forestry Museum
Maine Forestry Museum shows consistent asset growth and no liabilities, with recent revenue surge.
EIN: 10363861 · Rangeley, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $105K |
| Total Expenses | $18K |
| Program Spending | 80% |
| Net Assets | $61K |
| Transparency Score | 85/100 |
Is Maine Forestry Museum Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maine Forestry Museum directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maine Forestry Museum
Maine Forestry Museum (EIN: 10363861) is a nonprofit organization based in Rangeley, ME. The organization reported total revenue of $105K and total assets of $304K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Forestry Museum's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Forestry Museum is a small nonprofit that has been operating for 39 years, with 4 years of IRS 990 filings on record (2014–2017). Revenue has grown at a compound annual rate of -19.2%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $21K |
| Total Expenses | $18K |
| Surplus / Deficit | +$3K |
| Total Assets | $61K |
| Net Assets | $61K |
| Operating Margin | 12.9% |
| Months of Reserves | 40.3 months |
Financial Health Grade: A
In 2017, Maine Forestry Museum reported a surplus of $3K with revenue exceeding expenses, holds 40.3 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2014–2017), Maine Forestry Museum's revenue has declined at a compound annual growth rate (CAGR) of -19.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -14.7% | +16.6% | +4.6% |
| 2016 | +21.7% | -47.1% | +17.9% |
| 2015 | -49.2% | +27.4% | -15.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1987 |
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 Forestry Museum 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Maine Forestry Museum allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, suggesting a volunteer-led executive structure or compensation below reporting thresholds, which contributes to lower overhead for the organization of its size.
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 Forestry Museum:
- Consistent asset growth, from $49,696 in 2015 to $303,504 currently.
- Zero reported liabilities across all filings, indicating strong financial health and no debt.
- No reported officer compensation, suggesting efficient use of funds or volunteer leadership.
- Positive revenue trend, with latest revenue of $104,706 significantly higher than previous periods.
Frequently Asked Questions about Maine Forestry Museum
Is Maine Forestry Museum a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Forestry Museum (EIN: 10363861) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Maine Forestry Museum spend its money?
Maine Forestry Museum directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Maine Forestry Museum tax-deductible?
Maine Forestry Museum is registered as a tax-exempt nonprofit (EIN: 10363861). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Maine Forestry Museum's spending goes to programs?
Maine Forestry Museum directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Maine Forestry Museum located?
Maine Forestry Museum is headquartered in Rangeley, Maine and files with the IRS under EIN 10363861.
How many years of IRS 990 filings does Maine Forestry Museum have?
Maine Forestry Museum has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $105K in total revenue.
Is the Maine Forestry Museum financially stable?
Yes, the Maine Forestry Museum appears financially stable. They have consistently reported zero liabilities across all filings and have shown a significant increase in assets from $49,696 in 2015 to $303,504 currently, alongside a recent surge in revenue to $104,706.
How has the museum's revenue trended?
The museum's revenue has shown fluctuations but a positive overall trend. After hovering between $20,191 and $39,713 in the 2014-2017 period, their latest reported revenue jumped significantly to $104,706.
Does the museum have any debt?
No, the Maine Forestry Museum has consistently reported $0 in liabilities across all available IRS 990 filings, indicating they operate without debt.
Filing History
IRS 990 filing history for Maine Forestry Museum showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2014–2017), Maine Forestry Museum's revenue has declined by 47.2%, moving from $40K to $21K. Total assets increased by 3.7% over the same period, from $59K to $61K. Total functional expenses fell by 21.4%, from $23K to $18K. In its most recent filing year (2017), Maine Forestry Museum reported a surplus of $3K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $21K | $18K | $61K | $0 | — | View 990 |
| 2016 | $25K | $16K | $59K | $0 | — | View 990 |
| 2015 | $20K | $30K | $50K | $0 | — | View 990 |
| 2014 | $40K | $23K | $59K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $21K, expenses of $18K, and assets of $61K (revenue -14.7% year-over-year).
- 2016: Revenue of $25K, expenses of $16K, and assets of $59K (revenue +21.7% year-over-year).
- 2015: Revenue of $20K, expenses of $30K, and assets of $50K (revenue -49.2% year-over-year).
- 2014: Revenue of $40K, expenses of $23K, and assets of $59K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine Forestry Museum:
Data Sources and Methodology
This transparency report for Maine Forestry Museum 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.