Northern Maine Fair Association

Analysis

Northern Maine Fair Association is a registered charity in United States, based in Presque Isle, ME. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Northern Maine Fair Association reported income of $241k and spending of $272k, spending 113% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income fell from $548k to $241k (-56%), an average of -19% a year. The sharpest change came in the year to October 2021, when income rose by 161%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Northern Maine Fair Association sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 51st percentile within ME. Charities of a similar size with the same main cause include Lebanon Township Athletic Association ($241k), Barnes Corners Sno Pals Inc ($241k) and Durango Nordic Ski Club Inc ($241k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 31% and program service revenue 52% of the total. Other salaries and wages came to $42k. At year end it held assets of $361k against liabilities of $17k, net assets of $343k. It reported 33 employees.