Main Street Bath

Analysis

Main Street Bath is a registered charity in United States, based in Bath, ME. It received its IRS tax-exemption ruling in July 2002, 24 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 December 2023, Main Street Bath reported income of $183k and spending of $145k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $126k to $183k (+45%), an average of +9.8% a year. The sharpest change came in the year to December 2023, when income rose by 91%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Main Street Bath sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 45th percentile within ME. Charities of a similar size with the same main cause include Tualatin Valley Creates ($183k), Moffett Field Historical Society ($183k) and Victoria Regional Museum Assn Inc ($183k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. Other salaries and wages came to $86k. At year end it held assets of $164k against liabilities of $9,170, net assets of $154k. It reported 6 employees.