Old York Historical Society
Old York Historical Society: Stable Assets, Fluctuating Revenue, and Modest Program Spending
EIN: 222474846 · York, ME · Updated: 2026-04-04
About Old York Historical Society
Old York Historical Society (EIN: 222474846) is a nonprofit organization based in York, ME. The organization reported total revenue of $1.1M and total assets of $10.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Old York Historical Society'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 Old York Historical Society 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: 20%
- programs: 65%
- fundraising: 15%
According to IRS 990 filings, Old York Historical Society allocates its expenses as follows: admin: 20%, programs: 65%, fundraising: 15%. Approximately 65% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, which suggests either pro-bono leadership or compensation is categorized under other expense lines, warranting further investigation.
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 Old York Historical Society's IRS 990 filings:
- Consistent reporting of $0 for officer, director, trustee, and key employee compensation across all years (e.g., 202312 filing shows c0%) raises questions about how leadership is compensated or if this is a reporting anomaly.
- Significant fluctuations in revenue year-over-year (e.g., $1,471,304 in 2017 vs. $202,863 in 2020) without clear explanations in the provided data.
- The ratio of program expenses to total expenses appears to be lower than ideal for a historical society, suggesting a need to review operational efficiency.
Strengths
The following positive indicators were identified for Old York Historical Society:
- Maintains a strong asset base, consistently above $8.5 million, indicating financial stability (e.g., $9,979,593 in 2023).
- Low liabilities relative to assets, suggesting a healthy balance sheet (e.g., $37,636 in liabilities in 2023).
- Consistent operational history with annual filings available over a significant period.
Frequently Asked Questions about Old York Historical Society
What does Old York Historical Society do?
Old York Historical Society is a nonprofit organization in the Unknown sector, located in York, Maine. It is classified under NTEE code Unknown.
How much revenue does Old York Historical Society have?
Old York Historical Society reported total revenue of $1,141,442. Based on 14 IRS 990 filings on record.
What are Old York Historical Society's total assets?
Old York Historical Society holds total assets of $9,979,593 as reported in IRS 990 filings.
Where is Old York Historical Society located?
Old York Historical Society is based in York, Maine.
What is Old York Historical Society's EIN?
Old York Historical Society's Employer Identification Number (EIN) is 222474846. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Old York Historical Society?
Old York Historical Society is classified under NTEE code Unknown (Unknown).
Is Old York Historical Society a registered 501(c)(3)?
Old York Historical Society appears in IRS records (EIN: 222474846). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Old York Historical Society file IRS Form 990?
Yes, Old York Historical Society has 14 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Old York Historical Society's revenue in 2023?
In the 202312 filing period, Old York Historical Society reported total revenue of $410,343, total expenses of $747,530, and net assets of $9,552,377.
Is Old York Historical Society's revenue growing or declining?
Old York Historical Society's revenue is declining. Revenue went from $731,758 (202212) to $410,343 (202312), a -43.9% change. Based on 14 filings on record.
What is Old York Historical Society's most recent 990 filing?
The most recent IRS Form 990 filing for Old York Historical Society covers tax period 202312. It shows revenue of $410,343, expenses of $747,530, total assets of $9,552,377, and liabilities of $37,636.
How much does Old York Historical Society spend on programs vs administration?
Based on IRS 990 analysis, Old York Historical Society allocates approximately 65% of expenses to program services, 20% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Old York Historical Society a trustworthy charity?
Based on AI analysis of IRS 990 data, Old York Historical Society appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Old York Historical Society?
The following concerns were identified: Consistent reporting of $0 for officer, director, trustee, and key employee compensation across all years (e.g., 202312 filing shows c0%) raises questions about how leadership is compensated or if this is a reporting anomaly.. Significant fluctuations in revenue year-over-year (e.g., $1,471,304 in 2017 vs. $202,863 in 2020) without clear explanations in the provided data.. The ratio of program expenses to total expenses appears to be lower than ideal for a historical society, suggesting a need to review operational efficiency.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Old York Historical Society's strengths?
Positive indicators for Old York Historical Society include: Maintains a strong asset base, consistently above $8.5 million, indicating financial stability (e.g., $9,979,593 in 2023).. Low liabilities relative to assets, suggesting a healthy balance sheet (e.g., $37,636 in liabilities in 2023).. Consistent operational history with annual filings available over a significant period.. These findings are derived from AI analysis of the organization's financial filings.
How does Old York Historical Society compensate executives?
Executive compensation is reported as $0 across all available filings, which suggests either pro-bono leadership or compensation is categorized under other expense lines, warranting further investigation. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the reported $0 executive compensation, how does the organization attract and retain qualified leadership, and where are leadership-related costs accounted for in the financial statements?
The consistent reporting of $0 for compensation to officers, directors, trustees, and key employees (e.g., 'c0%' in all filings) suggests that either these roles are entirely volunteer-based, or compensation is embedded within other expense categories like 'other expenses' or 'salaries and wages' for non-key personnel, which would require deeper analysis of their full IRS Form 990.
What factors contribute to the significant year-over-year revenue volatility, and what strategies are in place to ensure sustainable funding for the organization's mission?
Revenue has fluctuated dramatically, from a high of $1,471,304 in 2017 to a low of $202,863 in 2020. This volatility could be due to reliance on large, infrequent grants, specific fundraising campaigns, or external economic factors. Understanding the underlying causes and the organization's diversification strategy for funding is crucial for assessing long-term sustainability.
Filing History
IRS 990 filing history for Old York Historical Society showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Old York Historical Society's revenue has declined by 52.1%, moving from $857K to $410K. Total assets increased by 19.7% over the same period, from $8.0M to $9.6M. Total functional expenses rose by 20.1%, from $622K to $748K. In its most recent filing year (2023), Old York Historical Society reported a deficit of $337K, with expenses exceeding revenue. The organization holds $38K in liabilities against $9.6M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $9.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $410K | $748K | $9.6M | $38K | — | View 990 |
| 2022 | $732K | $885K | $9.1M | $55K | — | View 990 |
| 2021 | $604K | $656K | $10.3M | $56K | — | View 990 |
| 2020 | $203K | $620K | $9.6M | $86K | — | — |
| 2019 | $385K | $650K | $9.3M | $8K | — | View 990 |
| 2018 | $561K | $680K | $8.6M | $23K | — | View 990 |
| 2017 | $1.5M | $716K | $8.8M | $30K | — | View 990 |
| 2016 | $541K | $665K | $7.8M | $55K | — | View 990 |
| 2015 | $560K | $708K | $7.9M | $54K | — | View 990 |
| 2014 | $458K | $323K | $8.4M | $19K | — | View 990 |
| 2014 | $1.1M | $735K | $8.7M | $30K | — | View 990 |
| 2013 | $665K | $815K | $8.1M | $32K | — | View 990 |
| 2012 | $773K | $717K | $8.0M | $63K | — | View 990 |
| 2011 | $857K | $622K | $8.0M | $22K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $410K, expenses of $748K, and assets of $9.6M (revenue -43.9% year-over-year).
- 2022: Revenue of $732K, expenses of $885K, and assets of $9.1M (revenue +21.2% year-over-year).
- 2021: Revenue of $604K, expenses of $656K, and assets of $10.3M (revenue +197.5% year-over-year).
- 2020: Revenue of $203K, expenses of $620K, and assets of $9.6M (revenue -47.3% year-over-year).
- 2019: Revenue of $385K, expenses of $650K, and assets of $9.3M (revenue -31.3% year-over-year).
- 2018: Revenue of $561K, expenses of $680K, and assets of $8.6M (revenue -61.9% year-over-year).
- 2017: Revenue of $1.5M, expenses of $716K, and assets of $8.8M (revenue +172.2% year-over-year).
- 2016: Revenue of $541K, expenses of $665K, and assets of $7.8M (revenue -3.6% year-over-year).
- 2015: Revenue of $560K, expenses of $708K, and assets of $7.9M (revenue +22.4% year-over-year).
- 2014: Revenue of $458K, expenses of $323K, and assets of $8.4M (revenue -57.7% year-over-year).
- 2014: Revenue of $1.1M, expenses of $735K, and assets of $8.7M (revenue +62.6% year-over-year).
- 2013: Revenue of $665K, expenses of $815K, and assets of $8.1M (revenue -14.0% year-over-year).
- 2012: Revenue of $773K, expenses of $717K, and assets of $8.0M (revenue -9.7% year-over-year).
- 2011: Revenue of $857K, expenses of $622K, and assets of $8.0M.
Data Sources and Methodology
This transparency report for Old York Historical Society 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.