Shaw Institute

Shaw Institute shows strong revenue growth and zero reported officer compensation over a decade.

EIN: 10455007 · Blue Hill, ME · NTEE: C99Z · Updated: 2026-03-28

$546KRevenue

$940KAssets

85/100Mission Score (Excellent)

C99Z

About Shaw Institute

Shaw Institute (EIN: 10455007) is a nonprofit organization based in Blue Hill, ME, classified under NTEE code C99Z. The organization reported total revenue of $546K and total assets of $940K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shaw Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Shaw Institute demonstrates a generally healthy financial trajectory, marked by consistent revenue growth in recent years. For example, revenue increased from $286,551 in 2021 to $666,930 in 2023, indicating growing support for its mission. The organization also maintains a solid asset base, with assets growing from $483,449 in 2021 to $787,543 in 2023, providing a good financial cushion. 

Spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings, suggesting resources are directed towards programs rather than executive salaries. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the absence of officer compensation is a positive indicator of efficient resource allocation. 

Transparency is high regarding executive compensation, as the 0% reported officer compensation is a clear and consistent data point. Further transparency could be enhanced by publicly detailing the functional expense breakdown (program, admin, fundraising) in an easily accessible format beyond the IRS 990 filings.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Shaw Institute with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Shaw Institute allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, which is highly unusual for an organization of its size (latest revenue $666,930) and suggests either a volunteer leadership model or compensation is categorized differently, warranting further investigation for clarity.

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 Shaw Institute's IRS 990 filings:

Consistent 0% officer compensation may indicate a reporting anomaly or unique operational model that warrants further investigation to understand how leadership is compensated or sustained.

Strengths

The following positive indicators were identified for Shaw Institute:

Strong revenue growth in recent years (e.g., $286,551 in 2021 to $666,930 in 2023).
Consistent reporting of 0% officer compensation, suggesting high efficiency in directing funds away from executive salaries.
Healthy asset growth and strong asset-to-liability ratio, indicating financial stability (Assets $787,543 vs. Liabilities $98,850 in 2023).
Positive net income in most recent years (e.g., 2023 revenue $666,930 vs. expenses $476,688).

Frequently Asked Questions about Shaw Institute

How does the Shaw Institute manage to operate with 0% reported officer compensation?

The consistent reporting of 0% officer compensation across all filings (2014-2023) suggests either a fully volunteer-led executive team or that executive salaries are categorized under other expense lines, which would require deeper scrutiny of their full IRS 990 forms to understand.

What is the primary driver of the recent revenue growth?

Revenue has significantly increased from $286,551 in 2021 to $666,930 in 2023. The specific drivers (e.g., grants, donations, program fees) are not detailed in the provided summary, but this growth indicates increasing support or successful fundraising efforts.

Is the Shaw Institute financially stable?

Yes, the Shaw Institute appears financially stable. It has consistently grown its assets from $483,449 in 2021 to $787,543 in 2023, and its liabilities are relatively low compared to its assets, indicating a healthy balance sheet.

Filing History

IRS 990 filing history for Shaw Institute showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Shaw Institute's revenue has grown by 27.1%, moving from $525K to $667K. Total assets increased by 12.3% over the same period, from $701K to $788K. Total functional expenses fell by 30.5%, from $686K to $477K. In its most recent filing year (2023), Shaw Institute reported a surplus of $190K, with revenue exceeding expenses. The organization holds $99K in liabilities against $788K in assets (debt-to-asset ratio: 12.6%), resulting in net assets of $689K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$667K	$477K	$788K	$99K	—	—
2022	$517K	$411K	$605K	$106K	—	View 990
2021	$287K	$352K	$483K	$91K	—	View 990
2020	$267K	$298K	$558K	$101K	—	View 990
2019	$381K	$423K	$594K	$104K	—	View 990
2018	$517K	$387K	$644K	$113K	—	View 990
2017	$272K	$354K	$518K	$116K	—	View 990
2016	$376K	$330K	$605K	$121K	—	View 990
2015	$409K	$437K	$567K	$128K	—	View 990
2014	$496K	$437K	$601K	$141K	—	View 990
2013	$530K	$570K	$523K	$143K	—	View 990
2012	$596K	$680K	$600K	$158K	—	View 990
2011	$525K	$686K	$701K	$174K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $667K, expenses of $477K, and assets of $788K (revenue +29.0% year-over-year).
2022: Revenue of $517K, expenses of $411K, and assets of $605K (revenue +80.5% year-over-year).
2021: Revenue of $287K, expenses of $352K, and assets of $483K (revenue +7.5% year-over-year).
2020: Revenue of $267K, expenses of $298K, and assets of $558K (revenue -30.1% year-over-year).
2019: Revenue of $381K, expenses of $423K, and assets of $594K (revenue -26.2% year-over-year).
2018: Revenue of $517K, expenses of $387K, and assets of $644K (revenue +90.2% year-over-year).
2017: Revenue of $272K, expenses of $354K, and assets of $518K (revenue -27.8% year-over-year).
2016: Revenue of $376K, expenses of $330K, and assets of $605K (revenue -8.0% year-over-year).
2015: Revenue of $409K, expenses of $437K, and assets of $567K (revenue -17.5% year-over-year).
2014: Revenue of $496K, expenses of $437K, and assets of $601K (revenue -6.3% year-over-year).
2013: Revenue of $530K, expenses of $570K, and assets of $523K (revenue -11.1% year-over-year).
2012: Revenue of $596K, expenses of $680K, and assets of $600K (revenue +13.6% year-over-year).
2011: Revenue of $525K, expenses of $686K, and assets of $701K.

Data Sources and Methodology

This transparency report for Shaw Institute 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.