Natural Resource Education Center at Moosehead

Analysis

Natural Resource Education Center at Moosehead is a registered charity in United States, based in Greenville, ME. It received its IRS tax-exemption ruling in June 1996, 30 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 June 2024, Natural Resource Education Center at Moosehead reported income of $76k and spending of $61k, leaving 20% of income unspent that year. Across the 4 years on record, from June 2020 to June 2024, income fell from $395k to $76k (-81%), an average of -42% a year. The sharpest change came in the year to June 2022, when income dropped by 78%. Over the whole period it spent 43% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Natural Resource Education Center at Moosehead sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 23rd percentile within ME. Charities of a similar size with the same main cause include Valley Art Association ($76k), Osgood Damm Theatre Inc ($76k) and Amherst Glebe Arts Response Inc ($76k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 71% and program service revenue 2.3% of the total. At year end it held assets of $472k against liabilities of $472k, net assets of $0.