Maine Humanities Council
Maine Humanities Council maintains stable finances with consistent revenue and 0% reported officer compensation.
EIN: 10339295 · Portland, ME · NTEE: A70 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.1M |
| Total Expenses | $1.4M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $3.5M |
| Transparency Score | 88/100 |
Is Maine Humanities Council Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maine Humanities Council directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maine Humanities Council
Maine Humanities Council (EIN: 10339295) is a nonprofit organization based in Portland, ME, classified under NTEE code A70. The organization reported total revenue of $4.1M and total assets of $4.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Humanities Council's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Humanities Council is a mid-size nonprofit that has been operating for 50 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$23K |
| Total Assets | $3.6M |
| Total Liabilities | $86K |
| Net Assets | $3.5M |
| Operating Margin | 1.6% |
| Debt-to-Asset Ratio | 2.4% |
| Months of Reserves | 31.9 months |
Financial Health Grade: A
In 2023, Maine Humanities Council reported a surplus of $23K with revenue exceeding expenses, holds 31.9 months of operating reserves (strong position), has a debt-to-asset ratio of 2.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Maine Humanities Council's revenue has declined at a compound annual growth rate (CAGR) of -1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -18.1% | -22.5% | +2.4% |
| 2022 | +9.7% | +18.4% | -25.2% |
| 2021 | -1.7% | -9.3% | +24.1% |
| 2020 | +17.9% | +23.6% | +1.2% |
| 2019 | +5.6% | +10.4% | +6.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1976 |
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 Humanities Council with a Mission Score of 88 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 Humanities Council 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 $23K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.4%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available filings is highly unusual for an organization with annual revenues exceeding $1 million. This suggests that either executive leadership is entirely volunteer-based, or their compensation is categorized differently within the 990, which could impact the perceived efficiency of program spending.
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 Humanities Council's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and warrants further investigation into executive compensation structure.
- Significant discrepancy between 'Latest Revenue' ($4,143,626) and annual revenues in individual filings (e.g., $1,380,902 in 2023), requiring clarification.
Strengths
The following positive indicators were identified for Maine Humanities Council:
- Consistent financial stability with assets generally exceeding liabilities (e.g., $3,615,026 assets vs. $86,154 liabilities in 2023).
- Stable revenue stream over the past decade, indicating reliable funding.
- Expenses generally align closely with revenue, demonstrating prudent financial management and avoiding significant deficits.
- Low liabilities relative to assets, indicating a strong financial position.
- Long history of IRS 990 filings, suggesting good transparency.
Frequently Asked Questions about Maine Humanities Council
Is Maine Humanities Council a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Humanities Council (EIN: 10339295) some concerns. Mission Score: 88/100. 2 red flags identified, 5 strengths noted.
How does Maine Humanities Council spend its money?
Maine Humanities Council directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Maine Humanities Council tax-deductible?
Maine Humanities Council is registered as a tax-exempt nonprofit (EIN: 10339295). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Maine Humanities Council CEO make?
Maine Humanities Council's highest-compensated officer earns $1 annually. The organization reported $4.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Maine Humanities Council's spending goes to programs?
Maine Humanities Council directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Maine Humanities Council compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Maine Humanities Council is above average for NTEE category A70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Maine Humanities Council located?
Maine Humanities Council is headquartered in Portland, Maine and files with the IRS under EIN 10339295. It is classified under NTEE code A70.
How many years of IRS 990 filings does Maine Humanities Council have?
Maine Humanities Council 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 $4.1M in total revenue.
How are executive officers compensated if 'Officer Comp' is consistently reported as 0%?
The IRS 990 filings consistently show 0% for officer compensation. This could mean officers are volunteers, compensated through a related organization, or their compensation is reported under a different expense category, which would require further review of the detailed 990 forms.
What caused the significant increase in 'Latest Revenue' to $4,143,626 compared to the typical $1.1M-$1.6M in individual filings?
The 'Latest Revenue' figure of $4,143,626 is substantially higher than the annual revenues reported in the individual filing periods (e.g., $1,380,902 in 2023). This discrepancy could be due to a major one-time grant, a change in reporting methodology, or the 'Latest Revenue' figure representing a different fiscal period or cumulative total not directly comparable to the individual annual filings provided.
What is the specific breakdown of program service expenses?
While the overall spending appears program-focused, the provided data does not detail the specific types of programs or the allocation of funds within program services. A deeper dive into the full 990 forms would be needed to understand this.
Filing History
IRS 990 filing history for Maine Humanities Council showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Maine Humanities Council's revenue has declined by 13.9%, moving from $1.6M to $1.4M. Total assets increased by 10.3% over the same period, from $3.3M to $3.6M. Total functional expenses fell by 16.2%, from $1.6M to $1.4M. In its most recent filing year (2023), Maine Humanities Council reported a surplus of $23K, with revenue exceeding expenses. The organization holds $86K in liabilities against $3.6M in assets (debt-to-asset ratio: 2.4%), resulting in net assets of $3.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.4M | $3.6M | $86K | — | View 990 |
| 2022 | $1.7M | $1.8M | $3.5M | $33K | — | View 990 |
| 2021 | $1.5M | $1.5M | $4.7M | $395K | — | View 990 |
| 2020 | $1.6M | $1.6M | $3.8M | $129K | — | View 990 |
| 2019 | $1.3M | $1.3M | $3.8M | $104K | — | View 990 |
| 2018 | $1.3M | $1.2M | $3.5M | $104K | — | View 990 |
| 2017 | $1.1M | $1.2M | $3.6M | $108K | — | View 990 |
| 2016 | $1.1M | $1.2M | $3.3M | $78K | — | View 990 |
| 2015 | $1.3M | $1.3M | $3.5M | $150K | — | View 990 |
| 2014 | $1.5M | $1.5M | $3.5M | $177K | — | View 990 |
| 2013 | $1.2M | $1.2M | $3.5M | $215K | — | View 990 |
| 2012 | $1.3M | $1.1M | $3.4M | $227K | — | View 990 |
| 2011 | $1.6M | $1.6M | $3.3M | $360K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.4M, and assets of $3.6M (revenue -18.1% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.8M, and assets of $3.5M (revenue +9.7% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.5M, and assets of $4.7M (revenue -1.7% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.6M, and assets of $3.8M (revenue +17.9% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.3M, and assets of $3.8M (revenue +5.6% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.2M, and assets of $3.5M (revenue +9.3% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.2M, and assets of $3.6M (revenue +0.0% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.2M, and assets of $3.3M (revenue -14.5% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.3M, and assets of $3.5M (revenue -7.5% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.5M, and assets of $3.5M (revenue +22.3% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.2M, and assets of $3.5M (revenue -10.0% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.1M, and assets of $3.4M (revenue -17.6% year-over-year).
- 2011: Revenue of $1.6M, expenses of $1.6M, and assets of $3.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine Humanities Council:
Data Sources and Methodology
This transparency report for Maine Humanities Council 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.