Franco-American Heritage Center at St Marys

Analysis

Franco-American Heritage Center at St Marys is a registered charity in United States, based in Lewiston, ME. It received its IRS tax-exemption ruling in November 2000, 26 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 July 2024, Franco-American Heritage Center at St Marys reported income of $567k and spending of $675k, spending 119% of what it took in. Across the 5 years on record, from July 2020 to July 2024, income grew from $363k to $567k (+56%), an average of +12% a year. The sharpest change came in the year to July 2023, when income rose by 187%. Over the whole period it spent 116% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Franco-American Heritage Center at St Marys sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within ME. Charities of a similar size with the same main cause include Sunrise Preservation Group Inc ($567k), Mansfield Cable Access Corp ($567k) and Utpl-Ny Inc ($567k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 52% and program service revenue 34% of the total. Other salaries and wages came to $202k. At year end it held assets of $4.9m against liabilities of $42k, net assets of $4.9m. It reported 11 employees.