Portland Media Center
Portland Media Center consistently operates near break-even with no reported officer compensation.
EIN: 10403485 · Portland, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $303K |
| Total Expenses | $313K |
| Program Spending | 80% |
| Net Assets | $84K |
| Transparency Score | 75/100 |
Is Portland Media Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Portland Media Center directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Portland Media Center
Portland Media Center (EIN: 10403485) is a nonprofit organization based in Portland, ME. The organization reported total revenue of $303K and total assets of $114K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Portland Media Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Portland Media Center is a small nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $303K |
| Total Expenses | $313K |
| Surplus / Deficit | $-10,037 |
| Total Assets | $140K |
| Total Liabilities | $56K |
| Net Assets | $84K |
| Operating Margin | -3.3% |
| Debt-to-Asset Ratio | 40.0% |
| Months of Reserves | 5.4 months |
Financial Health Grade: B
In 2023, Portland Media Center reported a deficit of $10K with expenses exceeding revenue, holds 5.4 months of operating reserves (adequate), has a debt-to-asset ratio of 40.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Portland Media Center's revenue has grown at a compound annual growth rate (CAGR) of 0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.4% | +11.6% | +21.4% |
| 2022 | -11.9% | -7.5% | +3.0% |
| 2021 | +14.3% | +14.6% | -3.4% |
| 2020 | -1.0% | -2.0% | -0.2% |
| 2019 | -0.2% | +2.0% | -5.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 Portland Media Center 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, Portland Media Center 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:
- The organization reported a deficit of $10K, with expenses exceeding revenue.
- Debt-to-asset ratio: 40.0%.
Executive Compensation Analysis
Portland Media Center reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated below IRS reporting thresholds, which is a positive sign for resource allocation.
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 Portland Media Center's IRS 990 filings:
- Occasional operating deficits (e.g., 202306 expenses $312,797 vs. revenue $302,760)
- Fluctuating liabilities, with a notable increase in 202306 to $56,120 from $20,996 in 202206
Strengths
The following positive indicators were identified for Portland Media Center:
- Consistent filing of IRS 990 forms (13 filings)
- 0% reported officer compensation across all filings, indicating efficient use of funds for leadership
- Stable revenue base over the past decade, generally between $270,000 and $310,000
Frequently Asked Questions about Portland Media Center
Is Portland Media Center a legitimate charity?
Portland Media Center (EIN: 10403485) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $303K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Portland Media Center spend its money?
Portland Media Center directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Portland Media Center tax-deductible?
Portland Media Center is registered as a tax-exempt nonprofit (EIN: 10403485). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Portland Media Center's spending goes to programs?
Portland Media Center directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Portland Media Center located?
Portland Media Center is headquartered in Portland, Maine and files with the IRS under EIN 10403485.
How many years of IRS 990 filings does Portland Media Center have?
Portland Media Center 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 $303K in total revenue.
Is Portland Media Center financially stable?
Portland Media Center generally operates near break-even, with revenues and expenses closely matched. While there have been slight deficits, such as in 202306 where expenses ($312,797) exceeded revenue ($302,760), its assets have remained relatively stable, suggesting a reasonable level of stability for an organization of its size.
How does Portland Media Center manage its liabilities?
Liabilities have fluctuated over the years, reaching a high of $88,662 in 201406 and $56,120 in 202306. While the organization has managed to reduce them in some periods, the recent increase from $20,996 in 202206 to $56,120 in 202306 warrants attention.
What is the trend in Portland Media Center's revenue?
Portland Media Center's revenue has been relatively consistent, generally ranging between $270,000 and $310,000 annually over the past decade, with the latest reported revenue at $302,760 in 202306.
Filing History
IRS 990 filing history for Portland Media Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Portland Media Center's revenue has grown by 2.7%, moving from $295K to $303K. Total assets decreased by 24.8% over the same period, from $186K to $140K. Total functional expenses rose by 6%, from $295K to $313K. In its most recent filing year (2023), Portland Media Center reported a deficit of $10K, with expenses exceeding revenue. The organization holds $56K in liabilities against $140K in assets (debt-to-asset ratio: 40.0%), resulting in net assets of $84K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $303K | $313K | $140K | $56K | — | — |
| 2022 | $272K | $280K | $115K | $21K | — | View 990 |
| 2021 | $309K | $303K | $112K | $9K | — | View 990 |
| 2020 | $270K | $264K | $116K | $19K | — | — |
| 2019 | $273K | $270K | $116K | $24K | — | View 990 |
| 2018 | $274K | $265K | $123K | $39K | — | View 990 |
| 2017 | $269K | $269K | $125K | $44K | — | View 990 |
| 2016 | $261K | $266K | $133K | $53K | — | View 990 |
| 2015 | $292K | $280K | $150K | $62K | — | View 990 |
| 2014 | $273K | $310K | $165K | $89K | — | View 990 |
| 2013 | $289K | $299K | $174K | $61K | — | View 990 |
| 2012 | $290K | $298K | $175K | $52K | — | View 990 |
| 2011 | $295K | $295K | $186K | $55K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $303K, expenses of $313K, and assets of $140K (revenue +11.4% year-over-year).
- 2022: Revenue of $272K, expenses of $280K, and assets of $115K (revenue -11.9% year-over-year).
- 2021: Revenue of $309K, expenses of $303K, and assets of $112K (revenue +14.3% year-over-year).
- 2020: Revenue of $270K, expenses of $264K, and assets of $116K (revenue -1.0% year-over-year).
- 2019: Revenue of $273K, expenses of $270K, and assets of $116K (revenue -0.2% year-over-year).
- 2018: Revenue of $274K, expenses of $265K, and assets of $123K (revenue +1.7% year-over-year).
- 2017: Revenue of $269K, expenses of $269K, and assets of $125K (revenue +3.1% year-over-year).
- 2016: Revenue of $261K, expenses of $266K, and assets of $133K (revenue -10.7% year-over-year).
- 2015: Revenue of $292K, expenses of $280K, and assets of $150K (revenue +7.0% year-over-year).
- 2014: Revenue of $273K, expenses of $310K, and assets of $165K (revenue -5.6% year-over-year).
- 2013: Revenue of $289K, expenses of $299K, and assets of $174K (revenue -0.3% year-over-year).
- 2012: Revenue of $290K, expenses of $298K, and assets of $175K (revenue -1.6% year-over-year).
- 2011: Revenue of $295K, expenses of $295K, and assets of $186K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Portland Media Center:
Data Sources and Methodology
This transparency report for Portland Media Center 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.