Maine Jewish Museum

Maine Jewish Museum maintains stable finances with consistent asset growth and no reported executive compensation.

EIN: 141964898 · Portland, ME · NTEE: A50 · Updated: 2026-03-28

$600KRevenue
$526KGross Revenue
$1.5MAssets
90/100Mission Score (Excellent)
A50
Maine Jewish Museum Financial Summary
MetricValue
Total Revenue$600K
Total Expenses$336K
Program Spending80%
Net Assets$1.3M
Transparency Score90/100

Is Maine Jewish Museum Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Maine Jewish Museum directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Maine Jewish Museum

Maine Jewish Museum (EIN: 141964898) is a nonprofit organization based in Portland, ME, classified under NTEE code A50. The organization reported total revenue of $600K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Jewish Museum's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

17Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Maine Jewish Museum is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.0%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$400K
Total Expenses$336K
Surplus / Deficit+$64K
Total Assets$1.4M
Total Liabilities$126K
Net Assets$1.3M
Operating Margin15.9%
Debt-to-Asset Ratio9.1%
Months of Reserves49.2 months

Financial Health Grade: A

In 2023, Maine Jewish Museum reported a surplus of $64K with revenue exceeding expenses, holds 49.2 months of operating reserves (strong position), has a debt-to-asset ratio of 9.1% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Maine Jewish Museum's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.

YearRevenue ChangeExpense ChangeAsset Change
2023+79.3%+31.8%+4.4%
2022-14.8%-10.4%-6.4%
2021-21.7%+46.1%-4.7%
2020+99.3%+5.0%+12.1%
2019-25.3%-1.9%+18.6%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2009

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Maine Jewish Museum demonstrates a generally stable financial position, with assets consistently over $1 million and a recent increase to $1,518,025. Revenue has fluctuated, peaking at $400,045 in 2023, which allowed for a surplus of $63,612 (Revenue $400,045 - Expenses $336,433). This surplus contributes to asset growth and financial resilience. The organization's liabilities have remained relatively low compared to its assets, indicating good financial management and a low risk profile. The museum's spending efficiency appears strong, particularly given its mission as a cultural institution. While specific program spending percentages are not detailed in the provided data, the consistent operational surpluses in several years (e.g., 2023, 2020, 2018, 2016, 2015, 2014) suggest effective management of expenses relative to incoming funds. The absence of reported officer compensation is a significant positive indicator for transparency and ensures that resources are directed towards the organization's mission rather than executive salaries. Transparency is a notable strength, primarily due to the consistent filing of IRS Form 990s over 13 periods and the explicit reporting of 0% officer compensation across all available filings. This level of detail provides a clear picture of the organization's financial operations and commitment to its public trust. The consistent growth in assets, from $915,539 in 2014 to over $1.5 million currently, further underscores a well-managed and financially healthy institution.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Maine Jewish Museum with a Mission Score of 90 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

According to IRS 990 filings, Maine Jewish 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 (2023)

From the most recent IRS 990 filing on record:

$400KTotal Revenue
$336KTotal Expenses
$1.4MTotal Assets
$126KTotal Liabilities
$1.3MNet Assets

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is highly commendable for a nonprofit of its size, ensuring all funds are directed towards 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 Jewish Museum:

Frequently Asked Questions about Maine Jewish Museum

Is Maine Jewish Museum a legitimate charity?

Based on AI analysis of IRS 990 filings, Maine Jewish Museum (EIN: 141964898) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.

How does Maine Jewish Museum spend its money?

Maine Jewish Museum directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Maine Jewish Museum tax-deductible?

Maine Jewish Museum is registered as a tax-exempt nonprofit (EIN: 141964898). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Maine Jewish Museum's spending goes to programs?

Maine Jewish Museum directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Maine Jewish Museum compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), Maine Jewish Museum is above average for NTEE category A50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Maine Jewish Museum located?

Maine Jewish Museum is headquartered in Portland, Maine and files with the IRS under EIN 141964898. It is classified under NTEE code A50.

How many years of IRS 990 filings does Maine Jewish Museum have?

Maine Jewish Museum 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 $600K in total revenue.

Is Maine Jewish Museum a good charity?

Based on the available financial data, the Maine Jewish Museum appears to be a well-managed and financially responsible organization. It consistently grows its assets, maintains low liabilities, and reports no officer compensation, which are strong indicators of a good charity.

How has the museum's financial health changed over time?

The museum has shown consistent asset growth, from $915,539 in 2014 to $1,518,025 currently. While revenue and expenses fluctuate year-to-year, the overall trend indicates financial stability and growth, with several years showing operational surpluses.

What is the organization's approach to executive compensation?

The organization reports 0% officer compensation in all available filings, meaning no salaries are paid to its officers. This demonstrates a strong commitment to directing resources towards its mission rather than administrative salaries.

Filing History

IRS 990 filing history for Maine Jewish Museum showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Maine Jewish Museum's revenue has grown by 13.3%, moving from $353K to $400K. Total assets increased by 123.9% over the same period, from $617K to $1.4M. Total functional expenses rose by 46.8%, from $229K to $336K. In its most recent filing year (2023), Maine Jewish Museum reported a surplus of $64K, with revenue exceeding expenses. The organization holds $126K in liabilities against $1.4M in assets (debt-to-asset ratio: 9.1%), resulting in net assets of $1.3M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $400K $336K $1.4M $126K View 990
2022 $223K $255K $1.3M $151K View 990
2021 $262K $285K $1.4M $176K View 990
2020 $334K $195K $1.5M $238K View 990
2019 $168K $186K $1.3M $225K View 990
2018 $225K $189K $1.1M $80 View 990
2017 $86K $140K $1.1M $0
2016 $214K $108K $1.1M $0
2015 $223K $110K $1.1M $30K View 990
2014 $299K $163K $916K $1K View 990
2013 $340K $249K $792K $13K View 990
2012 $294K $223K $688K $0 View 990
2011 $353K $229K $617K $0 View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Maine Jewish Museum:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Maine Jewish 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.

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