Stonington Quarry Museum Inc

Stonington Quarry Museum Inc reports $105,496 in revenue against $9,871 in expenses in its latest filing, with no officer compensation.

EIN: 10502652 · Stonington, ME · NTEE: A50 · Updated: 2026-03-28

$0Revenue

$0Assets

85/100Mission Score (Excellent)

A50

About Stonington Quarry Museum Inc

Stonington Quarry Museum Inc (EIN: 10502652) is a nonprofit organization based in Stonington, ME, classified under NTEE code A50. 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 Stonington Quarry Museum Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Stonington Quarry Museum Inc appears to be in a very early stage of development or has minimal financial activity, as indicated by its latest reported revenue and assets of $0. However, the single available IRS 990 filing for the period ending December 2022 shows revenue of $105,496 and expenses of $9,871, resulting in a significant surplus. This suggests that the organization is either accumulating funds for future projects or has very low operational costs relative to its income. The lack of reported officer compensation in this filing is a positive sign for donor confidence, indicating that funds are not being used for executive salaries at this stage. Given the limited data, a comprehensive assessment of long-term financial health and spending efficiency is challenging, but the initial filing shows a strong financial position with expenses well below revenue.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Stonington Quarry Museum Inc 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: 90%
fundraising: 0%

According to IRS 990 filings, Stonington Quarry Museum Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization reported 0% officer compensation in its 2022 filing, indicating that no funds were allocated to executive salaries, which is commendable for an organization of its current size and financial activity.

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 Stonington Quarry Museum Inc's IRS 990 filings:

Limited financial history makes long-term trend analysis difficult
Latest reported revenue and assets are $0, which contradicts the 2022 filing data, suggesting potential data entry or reporting discrepancies for the 'latest' figures.

Strengths

The following positive indicators were identified for Stonington Quarry Museum Inc:

Strong financial surplus in 2022 ($95,625)
No officer compensation reported in 2022 filing
Very low expenses relative to revenue in 2022 ($9,871 expenses vs. $105,496 revenue)
Positive asset growth from $0 to $71,030 in 2022

Frequently Asked Questions about Stonington Quarry Museum Inc

What are the specific programs or activities Stonington Quarry Museum Inc is undertaking with its accumulated assets?

The available data does not detail specific programs, but the NTEE code A50 (Museums) suggests activities related to preserving and presenting historical or cultural artifacts, likely related to the Stonington quarry.

How does Stonington Quarry Museum Inc plan to utilize its significant revenue surplus ($95,625 in 2022)?

The filing indicates a substantial surplus, but the specific plans for these funds are not detailed in the provided financial data. It's likely being held for future capital projects or program development.

Filing History

IRS 990 filing history for Stonington Quarry Museum Inc showing financial trends over 1 year of public records:

In its most recent filing year (2022), Stonington Quarry Museum Inc reported a surplus of $96K, with revenue exceeding expenses. The organization holds $25 in liabilities against $71K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $71K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2022	$105K	$10K	$71K	$25	—	View 990

Data Sources and Methodology

This transparency report for Stonington Quarry Museum Inc 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.