Southwest Harbor Historical Society

Southwest Harbor Historical Society consistently maintains strong financial health with growing assets and no reported officer compensation.

EIN: 202072613 · Southwest Hbr, ME · Updated: 2026-03-28

$0Revenue
$0Assets
92/100Mission Score (Excellent)

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90% program spend, health grade A

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Southwest Harbor Historical Society Financial Summary
MetricValue
Total Expenses$25K
Program Spending90%
Net Assets$214K
Transparency Score92/100

Search Intent Cockpit

Southwest Harbor Historical Society Form 990, Revenue, CEO Pay, and IRS Filing Signals

Southwest Harbor Historical Society 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 Southwest Harbor Historical Society in one place.

Form 990 Filing Summary

4 filing years are available, with latest revenue of $87K and expenses of $25K.

Revenue and Expenses

Southwest Harbor Historical Society reported $87K in revenue and $25K in expenses, a surplus of $62K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

92/100 mission score, 0 red flags, and 5 strengths are shown from structured and AI review.

Is Southwest Harbor Historical Society Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed 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
90%Program Expense
$0Grants Paid
4Stored 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

Southwest Harbor Historical Society Expense Deployment
Program services$23K (90%)

Across stored filings, Southwest Harbor Historical Society shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Southwest Harbor Historical Society Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacyAppears LegitimateGood filing record; no red flags identified
Mission spend90% to programsExcellent
Financial durabilityGrade A4 stored filing years
Peer contextCompare with Maine Composite Materials Applied Technology Development CenterMaine and category context

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Southwest Harbor Historical Society directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Southwest Harbor Historical Society

Southwest Harbor Historical Society (EIN: 202072613) is a nonprofit organization based in Southwest Hbr, ME. 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 Southwest Harbor Historical Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

16Years Operating
MicroSize Classification
4Years of Filings
MixedRevenue Trajectory

Southwest Harbor Historical Society is a micro nonprofit that has been operating for 16 years, with 4 years of IRS 990 filings on record (2019–2024). Revenue has grown at a compound annual rate of 1.2%.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

Total Revenue$87K
Total Expenses$25K
Surplus / Deficit+$62K
Total Assets$214K
Net Assets$214K
Operating Margin70.8%
Months of Reserves101.2 months

Financial Health Grade: A

In 2024, Southwest Harbor Historical Society reported a surplus of $62K with revenue exceeding expenses, holds 101.2 months of operating reserves (strong position).

Financial Trends

Over 4 years of filings (2019–2024), Southwest Harbor Historical Society's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.

YearRevenue ChangeExpense ChangeAsset Change
2024+70.6%+25.4%+8.7%
2022+19.7%-32.6%-8.7%
2020-48.0%+34.7%+6.1%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2010

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

AI Transparency Report

The Southwest Harbor Historical Society demonstrates consistent financial stability with growing assets and minimal liabilities across its recent filings. In the 202408 period, the organization reported revenues of $86,877 against expenses of $25,335, indicating a healthy surplus that contributes to its asset growth. The society's assets have steadily increased from $203,176 in 201908 to $213,719 in 202408, with liabilities consistently near zero, suggesting strong financial management and a low-risk profile. The absence of officer compensation reported across all filings indicates a volunteer-driven leadership, which is a positive sign for donor confidence and efficient use of funds. The organization's spending efficiency appears robust, with expenses consistently well below revenues. For example, in 202408, expenses were only 29.16% of revenue ($25,335 / $86,877), allowing for significant reinvestment into its mission or reserves. This pattern of low expenses relative to income is maintained across all reported periods, highlighting a lean operational model. While specific program spending details are not provided in the summary data, the overall financial health suggests that the majority of funds are likely directed towards its historical preservation and educational activities, given the lack of significant administrative or fundraising overhead indicated by the zero officer compensation. Transparency is generally good, with consistent IRS 990 filings available. The clear reporting of revenues, expenses, assets, and liabilities without any reported officer compensation provides a straightforward view of the organization's financial activities. The consistent growth in assets and the absence of debt further enhance its transparency and trustworthiness. The lack of specific NTEE code information is a minor gap, but the overall financial picture is positive, indicating a well-managed and fiscally responsible historical society.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Southwest Harbor Historical Society with a Mission Score of 92 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, Southwest Harbor Historical Society 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:

$87KTotal Revenue
$25KTotal Expenses
$214KTotal Assets
$214KNet Assets
  • The organization reported a surplus of $62K, with revenue exceeding expenses.

Executive Compensation Analysis

The organization reports 0% officer compensation across all available filings, indicating a volunteer-led executive team, which is highly efficient for an organization of its size and mission.

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 Southwest Harbor Historical Society:

  • Strong financial health with consistent revenue surpluses.
  • Growing asset base, increasing from $203,176 in 201908 to $213,719 in 202408.
  • Minimal to no liabilities reported across all filings, indicating low financial risk.
  • 0% officer compensation, suggesting a highly efficient, volunteer-led operation.
  • Consistent IRS 990 filings, demonstrating good transparency.

Frequently Asked Questions about Southwest Harbor Historical Society

Is Southwest Harbor Historical Society a legitimate charity?

Southwest Harbor Historical Society (EIN: 202072613) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 92/100. It has 4 years of IRS 990 filings on record. No red flags identified. 5 strengths noted. Financial health grade: A.

How does Southwest Harbor Historical Society spend its money?

Southwest Harbor Historical Society directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Southwest Harbor Historical Society tax-deductible?

Southwest Harbor Historical Society is registered as a tax-exempt nonprofit (EIN: 202072613). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Southwest Harbor Historical Society's spending goes to programs?

Southwest Harbor Historical Society directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is Southwest Harbor Historical Society located?

Southwest Harbor Historical Society is headquartered in Southwest Hbr, Maine and files with the IRS under EIN 202072613.

How many years of IRS 990 filings does Southwest Harbor Historical Society have?

Southwest Harbor Historical Society has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.

Is Southwest Harbor Historical Society a good charity?

Based on the provided financial data, the Southwest Harbor Historical Society appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, minimal liabilities, and operates with no reported officer compensation, suggesting a highly efficient and volunteer-driven model.

How does the organization manage its expenses relative to its income?

The organization manages its expenses very efficiently. For instance, in 202408, expenses were $25,335 against revenues of $86,877, meaning expenses were only about 29% of revenue. This pattern of low expenses relative to income is consistent across all reported periods, allowing for significant surpluses.

What is the trend in the organization's assets?

The organization's assets show a positive growth trend, increasing from $203,176 in 201908 to $213,719 in 202408. This indicates effective financial management and accumulation of resources to support its mission.

Filing History

IRS 990 filing history for Southwest Harbor Historical Society showing financial trends over 4 years of public records:

Over 4 years of IRS 990 filings (2019–2024), Southwest Harbor Historical Society's revenue has grown by 6.3%, moving from $82K to $87K. Total assets increased by 5.2% over the same period, from $203K to $214K. Total functional expenses rose by 13.8%, from $22K to $25K. In its most recent filing year (2024), Southwest Harbor Historical Society reported a surplus of $62K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2024 $87K $25K $214K $0
2022 $51K $20K $197K $0
2020 $43K $30K $215K $0 View 990
2019 $82K $22K $203K $217 View 990

Year-by-Year Financial Summary

  • 2024: Revenue of $87K, expenses of $25K, and assets of $214K (revenue +70.6% year-over-year).
  • 2022: Revenue of $51K, expenses of $20K, and assets of $197K (revenue +19.7% year-over-year).
  • 2020: Revenue of $43K, expenses of $30K, and assets of $215K (revenue -48.0% year-over-year).
  • 2019: Revenue of $82K, expenses of $22K, and assets of $203K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Southwest Harbor Historical Society:

2024 Filing 2022 Filing 2020 Filing 2019 Filing

Data Sources and Methodology

This transparency report for Southwest Harbor 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.

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