Maine Ski And Snowboard Museum

Maine Ski And Snowboard Museum faces significant operating deficits and declining assets in recent years.

EIN: 10498447 · Kingfield, ME · NTEE: A50 · Updated: 2026-03-28

$57KRevenue
$177KAssets
65/100Mission Score (Good)
A50

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Maine Ski And Snowboard Museum Financial Summary
MetricValue
Total Revenue$57K
Total Expenses$126K
Program Spending70%
Net Assets$167K
Transparency Score65/100

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Maine Ski And Snowboard Museum Form 990, Revenue, CEO Pay, and IRS Filing Signals

Maine Ski And Snowboard Museum is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Maine Ski And Snowboard Museum in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $62K and expenses of $126K.

Revenue and Expenses

Maine Ski And Snowboard Museum reported $62K in revenue and $126K in expenses, a deficit of $64K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

65/100 mission score, 3 red flags, and 3 strengths are shown from structured and AI review.

Is Maine Ski And Snowboard Museum Legit?

Some Concerns

GoodFiling Consistency
GoodSpending Efficiency
GoodTransparency
3 FoundRed Flags

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

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
70%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Maine Ski And Snowboard Museum Expense Deployment
Program services$88K (70%)

Across stored filings, Maine Ski And Snowboard Museum shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Maine Ski And Snowboard Museum Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 3 red flags identified
Mission spend70% to programsGood
Financial durabilityGrade B13 stored filing years
Peer contextCompare with Maine Composite Materials Applied Technology Development CenterMaine and Arts & Culture context

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Maine Ski And Snowboard Museum directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.

About Maine Ski And Snowboard Museum

Maine Ski And Snowboard Museum (EIN: 10498447) is a nonprofit organization based in Kingfield, ME, classified under NTEE code A50. The organization reported total revenue of $57K and total assets of $177K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Ski And Snowboard Museum's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

31Years Operating
MicroSize Classification
13Years of Filings
MixedRevenue Trajectory

Maine Ski And Snowboard Museum is a micro nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.8%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$62K
Total Expenses$126K
Surplus / Deficit$-64,458
Total Assets$168K
Total Liabilities$556
Net Assets$167K
Operating Margin-104.7%
Debt-to-Asset Ratio0.3%
Months of Reserves16.0 months

Financial Health Grade: B

In 2023, Maine Ski And Snowboard Museum reported a deficit of $64K with expenses exceeding revenue, holds 16.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Maine Ski And Snowboard Museum's revenue has declined at a compound annual growth rate (CAGR) of -3.8%.

YearRevenue ChangeExpense ChangeAsset Change
2023+5.8%-29.8%-27.9%
2022-75.1%+13.2%-38.3%
2021-6.8%+11.8%+25.5%
2020+205.8%+59.6%+64.0%
2019-21.2%+4.5%+1.6%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date1995

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

AI Transparency Report

The Maine Ski And Snowboard Museum exhibits fluctuating financial health, with recent years showing expenses significantly exceeding revenue. For instance, in 2023, expenses were $126,013 against revenues of $61,555, and in 2022, expenses were $179,587 against revenues of $58,208. This trend has led to a decline in assets from a peak of $376,786 in 2021 to $167,609 in 2023. While the organization has historically maintained low liabilities, the recent increase in liabilities to $556 in 2023, though still modest, warrants attention given the declining asset base. The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses in the provided data. However, the consistent reporting of 0% officer compensation across all filings suggests a commitment to minimizing overhead in that area. The significant operating deficits in recent years indicate that current revenue streams are insufficient to cover operational costs, which could impact long-term sustainability. Transparency appears to be good, with 13 filings available, indicating consistent reporting to the IRS. The absence of officer compensation also simplifies the analysis of executive pay. However, a more granular breakdown of expenses would enhance transparency regarding how funds are allocated across different activities.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Maine Ski And Snowboard Museum with a Mission Score of 65 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: 20%
  • programs: 70%
  • fundraising: 10%

According to IRS 990 filings, Maine Ski And Snowboard Museum allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$62KTotal Revenue
$126KTotal Expenses
$168KTotal Assets
$556Total Liabilities
$167KNet Assets
  • The organization reported a deficit of $64K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.3%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that officers are not compensated, which is a positive for minimizing administrative overhead for an organization of this 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.

Red Flags

The following concerns were identified during AI analysis of Maine Ski And Snowboard Museum's IRS 990 filings:

  • Consecutive years of significant operating deficits (e.g., 2023: -$64,458; 2022: -$121,379).
  • Substantial decline in assets from $376,786 in 2021 to $167,609 in 2023.
  • Expenses consistently exceeding revenue in recent periods, indicating potential financial instability.

Strengths

The following positive indicators were identified for Maine Ski And Snowboard Museum:

  • Consistent reporting with 13 IRS 990 filings available.
  • 0% officer compensation reported across all filings, indicating low executive overhead.
  • Historically low liabilities, though they have slightly increased in recent years.

Frequently Asked Questions about Maine Ski And Snowboard Museum

Is Maine Ski And Snowboard Museum a legitimate charity?

Maine Ski And Snowboard Museum (EIN: 10498447) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $57K. 3 red flags identified. 3 strengths noted. Financial health grade: B.

How does Maine Ski And Snowboard Museum spend its money?

Maine Ski And Snowboard Museum directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.

Are donations to Maine Ski And Snowboard Museum tax-deductible?

Maine Ski And Snowboard Museum is registered as a tax-exempt nonprofit (EIN: 10498447). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Maine Ski And Snowboard Museum's spending goes to programs?

Maine Ski And Snowboard Museum directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.

How does Maine Ski And Snowboard Museum compare to similar nonprofits?

With a transparency score of 65/100 (Good), Maine Ski And Snowboard 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 Ski And Snowboard Museum located?

Maine Ski And Snowboard Museum is headquartered in Kingfield, Maine and files with the IRS under EIN 10498447. It is classified under NTEE code A50.

How many years of IRS 990 filings does Maine Ski And Snowboard Museum have?

Maine Ski And Snowboard 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 $57K in total revenue.

Is the Maine Ski And Snowboard Museum financially sustainable given recent deficits?

The organization has experienced significant operating deficits in the last two reported periods (2023: -$64,458; 2022: -$121,379). This trend is not sustainable long-term without increased revenue or reduced expenses.

What caused the substantial decline in assets from 2021 to 2023?

Assets decreased from $376,786 in 2021 to $167,609 in 2023, likely due to the consecutive years of expenses significantly exceeding revenue, forcing the organization to draw down its reserves.

How does the organization plan to address its revenue shortfalls?

The provided data does not detail specific strategies, but addressing the consistent revenue shortfall is critical for the organization's future viability.

Filing History

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

Over 13 years of IRS 990 filings (2011–2023), Maine Ski And Snowboard Museum's revenue has declined by 36.9%, moving from $98K to $62K. Total assets increased by 116.6% over the same period, from $77K to $168K. Total functional expenses rose by 190.5%, from $43K to $126K. In its most recent filing year (2023), Maine Ski And Snowboard Museum reported a deficit of $64K, with expenses exceeding revenue. The organization holds $556 in liabilities against $168K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $167K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $62K $126K $168K $556 View 990
2022 $58K $180K $232K $900 View 990
2021 $233K $159K $377K $10K View 990
2020 $250K $142K $300K $9K View 990
2019 $82K $89K $183K $11K View 990
2018 $104K $85K $180K $168 View 990
2017 $76K $55K $161K $7 View 990
2016 $87K $61K $138K $488 View 990
2015 $59K $61K $111K $0 View 990
2014 $64K $46K $122K $0 View 990
2013 $64K $44K $104K $0 View 990
2012 $56K $49K $87K $3K View 990
2011 $98K $43K $77K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $62K, expenses of $126K, and assets of $168K (revenue +5.8% year-over-year).
  • 2022: Revenue of $58K, expenses of $180K, and assets of $232K (revenue -75.1% year-over-year).
  • 2021: Revenue of $233K, expenses of $159K, and assets of $377K (revenue -6.8% year-over-year).
  • 2020: Revenue of $250K, expenses of $142K, and assets of $300K (revenue +205.8% year-over-year).
  • 2019: Revenue of $82K, expenses of $89K, and assets of $183K (revenue -21.2% year-over-year).
  • 2018: Revenue of $104K, expenses of $85K, and assets of $180K (revenue +36.2% year-over-year).
  • 2017: Revenue of $76K, expenses of $55K, and assets of $161K (revenue -11.9% year-over-year).
  • 2016: Revenue of $87K, expenses of $61K, and assets of $138K (revenue +46.4% year-over-year).
  • 2015: Revenue of $59K, expenses of $61K, and assets of $111K (revenue -7.3% year-over-year).
  • 2014: Revenue of $64K, expenses of $46K, and assets of $122K (revenue +0.2% year-over-year).
  • 2013: Revenue of $64K, expenses of $44K, and assets of $104K (revenue +14.6% year-over-year).
  • 2012: Revenue of $56K, expenses of $49K, and assets of $87K (revenue -43.0% year-over-year).
  • 2011: Revenue of $98K, expenses of $43K, and assets of $77K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Maine Ski And Snowboard 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 Ski And Snowboard 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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