Maine Project for Fine Art Conservation

Analysis

Maine Project for Fine Art Conservation is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in January 2011, 15 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Maine Project for Fine Art Conservation reported income of $115k and spending of $115k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $130k to $115k (-11%), an average of -11% a year. Over the whole period it spent 97% 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 Project for Fine Art Conservation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 34th percentile within ME. Charities of a similar size with the same main cause include Regional Organization of Oaxaca ($115k), Helen L Fox Gospel Music Center ($115k) and Main Street Live Ltd ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $4,619 against liabilities of $0, net assets of $4,619.