Maine Humanities Council

Analysis

Maine Humanities Council is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in February 1976, 50 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Maine Humanities Council reported income of $1.4m and spending of $1.4m, spending 98% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $1.3m to $1.4m (+4.1%), an average of +1.0% a year. The sharpest change came in the year to October 2023, when income dropped by 18%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Maine Humanities Council sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 80th percentile within ME. Charities of a similar size with the same main cause include Model-T Automotive Heritage Complex Inc ($1.4m), Mystic Museum of Art Inc ($1.4m) and Adult & Teen Challenge of Sandhills North Carolina ($1.4m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 90% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $126k (9.3% of expenses). Other salaries and wages came to $543k. At year end it held assets of $3.6m against liabilities of $86k, net assets of $3.5m. It reported 11 employees.