Midcoast Community Chorus

Analysis

Midcoast Community Chorus is a registered charity in United States, based in Rockport, ME. It received its IRS tax-exemption ruling in April 2008, 18 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, Midcoast Community Chorus reported income of $54k and spending of $97k, spending 179% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $19k to $54k (+191%), an average of +191% a year. The sharpest change came in the year to December 2023, when income rose by 191%. Over the whole period it spent 170% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Midcoast Community Chorus sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 14th percentile within ME. Charities of a similar size with the same main cause include American Academy of Pediatrics ($54k), 1816 Farmington Quaker Meetinghouse Museum ($54k) and Black River Band Boosters ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 31% of the total. At year end it held assets of $220k against liabilities of $0, net assets of $220k.