Ogunquit Playhouse Foundation
Ogunquit Playhouse Foundation shows asset growth but recent operating deficits with no reported officer compensation.
EIN: 10490316 · Ogunquit, ME · NTEE: A110 · Updated: 2026-03-28
Is Ogunquit Playhouse Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ogunquit Playhouse Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ogunquit Playhouse Foundation
Ogunquit Playhouse Foundation (EIN: 10490316) is a nonprofit organization based in Ogunquit, ME, classified under NTEE code A110. The organization reported total revenue of $17.5M and total assets of $14.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ogunquit Playhouse Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ogunquit Playhouse Foundation with a Mission Score of 75 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Ogunquit Playhouse Foundation 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.
Executive Compensation Analysis
The Ogunquit Playhouse Foundation consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size with revenues exceeding $10 million in most years. This suggests either a fully volunteer executive leadership or that executive compensation is categorized differently within the financial statements, requiring deeper scrutiny to understand the full picture of leadership remuneration.
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 Ogunquit Playhouse Foundation's IRS 990 filings:
- Consistent operating deficits in recent years (2022 and 2023), where expenses significantly exceeded revenue.
- 0% reported officer compensation across all filings, which is atypical for an organization of this size and could indicate a lack of transparency regarding executive remuneration.
Strengths
The following positive indicators were identified for Ogunquit Playhouse Foundation:
- Consistent growth in assets over the past decade, from $7,115,517 in 2014 to $13,938,025 in 2023, indicating financial stability and capacity.
- Strong revenue generation, with annual revenues frequently exceeding $10 million, demonstrating significant public support and operational scale.
- Long history of IRS 990 filings (13 filings), indicating a commitment to transparency and compliance over time.
Frequently Asked Questions about Ogunquit Playhouse Foundation
Is Ogunquit Playhouse Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Ogunquit Playhouse Foundation (EIN: 10490316) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Ogunquit Playhouse Foundation spend its money?
Ogunquit Playhouse Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ogunquit Playhouse Foundation tax-deductible?
Ogunquit Playhouse Foundation is registered as a tax-exempt nonprofit (EIN: 10490316). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why has the Ogunquit Playhouse Foundation experienced operating deficits in 2022 and 2023?
In 2023, expenses ($15,033,267) exceeded revenue ($13,296,677) by over $1.7 million, and in 2022, expenses ($13,397,334) exceeded revenue ($10,412,024) by nearly $3 million. This trend suggests that the organization is spending more than it earns in these periods, potentially drawing from reserves or other non-operating income.
How is the executive leadership compensated if officer compensation is consistently reported as 0%?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this scale. It suggests that either the executive leadership is entirely volunteer, or their compensation is reported under different categories (e.g., salaries and wages for non-officers, independent contractors), which would require a more detailed breakdown of expenses to clarify.
What is the long-term strategy for addressing the recent trend of expenses exceeding revenue?
With expenses surpassing revenue in the last two reported periods (2022 and 2023), the organization may need to implement strategies to increase revenue, reduce costs, or secure additional funding to maintain financial stability and avoid depleting reserves built in prior profitable years like 2021.
Filing History
IRS 990 filing history for Ogunquit Playhouse Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ogunquit Playhouse Foundation's revenue has grown by 190.3%, moving from $4.6M to $13.3M. Total assets increased by 237.3% over the same period, from $4.1M to $13.9M. Total functional expenses rose by 214.7%, from $4.8M to $15.0M. In its most recent filing year (2023), Ogunquit Playhouse Foundation reported a deficit of $1.7M, with expenses exceeding revenue. The organization holds $4.8M in liabilities against $13.9M in assets (debt-to-asset ratio: 34.1%), resulting in net assets of $9.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $13.3M | $15.0M | $13.9M | $4.8M | — | — |
| 2022 | $10.4M | $13.4M | $14.1M | $3.4M | — | View 990 |
| 2021 | $13.5M | $9.5M | $16.2M | $2.1M | — | View 990 |
| 2020 | $4.3M | $4.3M | $14.0M | $4.0M | — | View 990 |
| 2019 | $11.2M | $10.7M | $13.6M | $3.9M | — | View 990 |
| 2018 | $11.6M | $10.5M | $13.1M | $4.1M | — | View 990 |
| 2017 | $10.5M | $9.5M | $11.8M | $3.8M | — | View 990 |
| 2016 | $8.8M | $7.9M | $10.8M | $3.9M | — | View 990 |
| 2015 | $7.6M | $6.6M | $9.1M | $3.1M | — | View 990 |
| 2014 | $7.2M | $6.2M | $7.1M | $2.1M | — | View 990 |
| 2013 | $6.5M | $5.4M | $5.3M | $1.3M | — | View 990 |
| 2012 | $5.8M | $4.8M | $4.4M | $1.5M | — | View 990 |
| 2011 | $4.6M | $4.8M | $4.1M | $2.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $13.3M, expenses of $15.0M, and assets of $13.9M (revenue +27.7% year-over-year).
- 2022: Revenue of $10.4M, expenses of $13.4M, and assets of $14.1M (revenue -23.1% year-over-year).
- 2021: Revenue of $13.5M, expenses of $9.5M, and assets of $16.2M (revenue +213.9% year-over-year).
- 2020: Revenue of $4.3M, expenses of $4.3M, and assets of $14.0M (revenue -61.5% year-over-year).
- 2019: Revenue of $11.2M, expenses of $10.7M, and assets of $13.6M (revenue -3.2% year-over-year).
- 2018: Revenue of $11.6M, expenses of $10.5M, and assets of $13.1M (revenue +10.4% year-over-year).
- 2017: Revenue of $10.5M, expenses of $9.5M, and assets of $11.8M (revenue +19.6% year-over-year).
- 2016: Revenue of $8.8M, expenses of $7.9M, and assets of $10.8M (revenue +14.6% year-over-year).
- 2015: Revenue of $7.6M, expenses of $6.6M, and assets of $9.1M (revenue +6.6% year-over-year).
- 2014: Revenue of $7.2M, expenses of $6.2M, and assets of $7.1M (revenue +9.5% year-over-year).
- 2013: Revenue of $6.5M, expenses of $5.4M, and assets of $5.3M (revenue +13.5% year-over-year).
- 2012: Revenue of $5.8M, expenses of $4.8M, and assets of $4.4M (revenue +25.8% year-over-year).
- 2011: Revenue of $4.6M, expenses of $4.8M, and assets of $4.1M.
Data Sources and Methodology
This transparency report for Ogunquit Playhouse Foundation 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.