Southern Aroostook Agricultural Museum
Southern Aroostook Agricultural Museum shows consistent asset growth and zero liabilities with volunteer leadership.
EIN: 10545607 · Littleton, ME · NTEE: A50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $79K |
| Total Expenses | $47K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $589,845 |
| Net Assets | $590K |
| Transparency Score | 95/100 |
Is Southern Aroostook Agricultural Museum Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Southern Aroostook Agricultural Museum directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Southern Aroostook Agricultural Museum
Southern Aroostook Agricultural Museum (EIN: 10545607) is a nonprofit organization based in Littleton, ME, classified under NTEE code A50. The organization reported total revenue of $79K and total assets of $606K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southern Aroostook Agricultural Museum's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southern Aroostook Agricultural Museum is a micro nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 14.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $210K |
| Total Expenses | $47K |
| Surplus / Deficit | +$163K |
| Total Assets | $590K |
| Net Assets | $590K |
| Operating Margin | 77.8% |
| Months of Reserves | 151.6 months |
Financial Health Grade: A
In 2024, Southern Aroostook Agricultural Museum reported a surplus of $163K with revenue exceeding expenses, holds 151.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Southern Aroostook Agricultural Museum's revenue has grown at a compound annual growth rate (CAGR) of 14.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +248.1% | -2.4% | +41.7% |
| 2023 | -38.1% | +50.3% | +2.0% |
| 2022 | +62.0% | -18.9% | +23.5% |
| 2021 | -64.8% | +6.0% | +6.8% |
| 2020 | +282.4% | -31.5% | +76.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
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 Southern Aroostook Agricultural Museum with a Mission Score of 95 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Southern Aroostook Agricultural Museum allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $163K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based. This is highly commendable for an organization with growing assets of $589,845 (2024) and annual revenues reaching $210,196 (2024), demonstrating a strong commitment to directing resources towards its mission rather than administrative salaries.
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.
Strengths
The following positive indicators were identified for Southern Aroostook Agricultural Museum:
- Consistent asset growth, from $109,179 in 2015 to $589,845 in 2024.
- Zero liabilities reported across all 13 filing periods, indicating strong financial stability.
- 0% officer compensation reported in all filings, demonstrating volunteer leadership and efficient use of funds.
- Revenue consistently exceeds expenses in most periods, leading to healthy surpluses.
- Strong filing history with 13 IRS 990 filings, indicating good transparency and compliance.
Frequently Asked Questions about Southern Aroostook Agricultural Museum
Is Southern Aroostook Agricultural Museum a legitimate charity?
Based on AI analysis of IRS 990 filings, Southern Aroostook Agricultural Museum (EIN: 10545607) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Southern Aroostook Agricultural Museum spend its money?
Southern Aroostook Agricultural Museum directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Southern Aroostook Agricultural Museum tax-deductible?
Southern Aroostook Agricultural Museum is registered as a tax-exempt nonprofit (EIN: 10545607). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Southern Aroostook Agricultural Museum CEO make?
Southern Aroostook Agricultural Museum's highest-compensated officer earns $589,845 annually. The organization reported $79K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Southern Aroostook Agricultural Museum's spending goes to programs?
Southern Aroostook Agricultural Museum directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Southern Aroostook Agricultural Museum compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Southern Aroostook Agricultural Museum is above average for NTEE category A50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Southern Aroostook Agricultural Museum located?
Southern Aroostook Agricultural Museum is headquartered in Littleton, Maine and files with the IRS under EIN 10545607. It is classified under NTEE code A50.
How many years of IRS 990 filings does Southern Aroostook Agricultural Museum have?
Southern Aroostook Agricultural Museum 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 $79K in total revenue.
Is Southern Aroostook Agricultural Museum a good charity?
Based on the provided data, the Southern Aroostook Agricultural Museum appears to be a very good charity. It consistently reports zero liabilities, has shown significant asset growth from $109,179 in 2015 to $589,845 in 2024, and operates with 0% officer compensation, indicating a strong commitment to its mission and efficient use of funds.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time. Assets have grown from $109,179 in 2015 to $589,845 in 2024. Revenue has also shown an upward trend, with a peak of $210,196 in 2024, while expenses have remained relatively low, leading to consistent surpluses and asset accumulation.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is to have none. All available filings report 0% officer compensation, suggesting that the leadership is entirely volunteer-based, which is a strong indicator of dedication to the mission and efficient resource allocation.
Filing History
IRS 990 filing history for Southern Aroostook Agricultural Museum showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Southern Aroostook Agricultural Museum's revenue has grown by 425.5%, moving from $40K to $210K. Total assets increased by 178.9% over the same period, from $211K to $590K. Total functional expenses rose by 32.4%, from $35K to $47K. In its most recent filing year (2024), Southern Aroostook Agricultural Museum reported a surplus of $163K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $210K | $47K | $590K | $0 | — | — |
| 2023 | $60K | $48K | $416K | $0 | — | View 990 |
| 2022 | $98K | $32K | $408K | $0 | — | View 990 |
| 2021 | $60K | $39K | $331K | $0 | — | — |
| 2020 | $171K | $37K | $310K | $0 | — | View 990 |
| 2019 | $45K | $54K | $176K | $0 | — | View 990 |
| 2018 | $89K | $40K | $185K | $0 | — | View 990 |
| 2017 | $65K | $32K | $137K | $0 | — | View 990 |
| 2016 | $29K | $34K | $104K | $0 | — | View 990 |
| 2015 | $18K | $31K | $109K | $0 | — | View 990 |
| 2014 | $29K | $33K | $122K | $0 | — | View 990 |
| 2013 | $46K | $55K | $126K | $0 | — | View 990 |
| 2012 | $40K | $35K | $211K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $210K, expenses of $47K, and assets of $590K (revenue +248.1% year-over-year).
- 2023: Revenue of $60K, expenses of $48K, and assets of $416K (revenue -38.1% year-over-year).
- 2022: Revenue of $98K, expenses of $32K, and assets of $408K (revenue +62.0% year-over-year).
- 2021: Revenue of $60K, expenses of $39K, and assets of $331K (revenue -64.8% year-over-year).
- 2020: Revenue of $171K, expenses of $37K, and assets of $310K (revenue +282.4% year-over-year).
- 2019: Revenue of $45K, expenses of $54K, and assets of $176K (revenue -49.6% year-over-year).
- 2018: Revenue of $89K, expenses of $40K, and assets of $185K (revenue +36.4% year-over-year).
- 2017: Revenue of $65K, expenses of $32K, and assets of $137K (revenue +123.0% year-over-year).
- 2016: Revenue of $29K, expenses of $34K, and assets of $104K (revenue +60.5% year-over-year).
- 2015: Revenue of $18K, expenses of $31K, and assets of $109K (revenue -36.7% year-over-year).
- 2014: Revenue of $29K, expenses of $33K, and assets of $122K (revenue -37.4% year-over-year).
- 2013: Revenue of $46K, expenses of $55K, and assets of $126K (revenue +14.7% year-over-year).
- 2012: Revenue of $40K, expenses of $35K, and assets of $211K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southern Aroostook Agricultural Museum:
Data Sources and Methodology
This transparency report for Southern Aroostook Agricultural Museum 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.