Saltwater Artists

Saltwater Artists reports no revenue or assets, indicating a minimal or volunteer-driven operational model.

EIN: 10525496 · New Harbor, ME · NTEE: A25 · Updated: 2026-03-28

$0Revenue
$0Assets
70/100Mission Score (Good)
A25

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0 stored filing years plus ProPublica source

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100% program spend, health grade D

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Saltwater Artists Financial Summary
MetricValue
Program Spending100%
CEO/Top Officer Pay$0
Transparency Score70/100

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Saltwater Artists Form 990, Revenue, CEO Pay, and IRS Filing Signals

Saltwater Artists 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 Saltwater Artists in one place.

Form 990 Filing Summary

IRS filing history is being prepared for Saltwater Artists.

Revenue and Expenses

Revenue, expense, and surplus data is shown where available from IRS 990 records.

Executive Compensation

Top officer compensation appears as $0 in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

70/100 mission score, 1 red flag, and 2 strengths are shown from structured and AI review.

Is Saltwater Artists Legit?

Some Concerns

NoneFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 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
100%Program Expense
$0Grants Paid
0Stored 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

Saltwater Artists Expense Deployment
Program services (100%)

Across stored filings, Saltwater Artists shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Saltwater Artists Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsNone filing record; 1 red flag identified
Mission spend100% to programsExcellent
Financial durabilityGrade DFiling history pending
Peer contextCompare with Maine Composite Materials Applied Technology Development CenterMaine and Arts & Culture context

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100% of spending goes to programs.

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Saltwater Artists directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Saltwater Artists

Saltwater Artists (EIN: 10525496) is a nonprofit organization based in New Harbor, ME, classified under NTEE code A25. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Saltwater Artists's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date1999

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

AI Transparency Report

Saltwater Artists appears to be a very small, likely volunteer-run organization, given its reported revenue and assets of $0. This makes a traditional financial health assessment challenging, as there are no financial activities to analyze. The lack of financial data means there's no spending to evaluate for efficiency, nor is there any executive compensation to review. Transparency, in this context, is limited by the absence of financial transactions rather than a deliberate lack of disclosure. Without financial activity, the organization's operational model is likely based on in-kind contributions or direct volunteer effort, which are not reflected in standard financial filings. Given the $0 revenue and assets, it's probable that Saltwater Artists operates on a minimal budget, possibly as a collective of artists sharing resources or exhibition space without formal financial transactions flowing through the organization itself. This structure inherently limits the scope for financial analysis typically applied to larger nonprofits. The IRS 990-N (e-Postcard) filing, which is used by organizations with gross receipts normally $50,000 or less, confirms its small scale but provides no further financial details to assess spending efficiency or financial health beyond its minimal footprint.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Saltwater Artists with a Mission Score of 70 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: 0%
  • programs: 100%
  • fundraising: 0%

According to IRS 990 filings, Saltwater Artists allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

No executive compensation is reported, consistent with the organization's $0 revenue and asset base, suggesting a volunteer-led structure.

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 Saltwater Artists's IRS 990 filings:

  • Lack of financial activity makes traditional financial analysis impossible.

Strengths

The following positive indicators were identified for Saltwater Artists:

  • Likely very low overhead due to $0 reported expenses.
  • Focus on mission appears absolute, as no funds are diverted to administrative or fundraising costs.

Frequently Asked Questions about Saltwater Artists

Is Saltwater Artists a legitimate charity?

Saltwater Artists (EIN: 10525496) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 70/100. 1 red flag identified. 2 strengths noted. Financial health grade: D.

How does Saltwater Artists spend its money?

Saltwater Artists directs 100% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Saltwater Artists tax-deductible?

Saltwater Artists is registered as a tax-exempt nonprofit (EIN: 10525496). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Saltwater Artists CEO make?

Saltwater Artists's highest-compensated officer earns $0 annually. Executive compensation data is disclosed in IRS 990 filings.

How does Saltwater Artists compare to similar nonprofits?

With a transparency score of 70/100 (Good), Saltwater Artists is above average for NTEE category A25 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Saltwater Artists located?

Saltwater Artists is headquartered in New Harbor, Maine and files with the IRS under EIN 10525496. It is classified under NTEE code A25.

How does Saltwater Artists fund its activities if it reports $0 revenue?

Given the $0 reported revenue, Saltwater Artists likely operates through in-kind donations, direct volunteer labor, or members directly covering costs for shared activities, rather than processing funds through the organization itself.

Is Saltwater Artists financially sustainable?

With $0 revenue and assets, traditional financial sustainability metrics do not apply. Its sustainability depends entirely on the continued willingness of volunteers and members to contribute time and resources directly, outside of the organization's formal financial reporting.

What kind of programs does Saltwater Artists offer?

The NTEE code A25 (Arts, Culture & Humanities - Visual Arts) suggests programs related to visual arts, such as exhibitions, workshops, or community art projects, though specific details are not available in the financial filing.

Data Sources and Methodology

This transparency report for Saltwater Artists 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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