One Longfellow Square Inc

Analysis

One Longfellow Square Inc is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in April 2012, 14 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, One Longfellow Square Inc reported income of $755k and spending of $816k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $706k to $755k (+6.9%), an average of +1.7% a year. The sharpest change came in the year to December 2021, when income rose by 105%. 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, One Longfellow Square Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within ME. Charities of a similar size with the same main cause include Story Boldly ($755k), Mauro Inc ($755k) and Bendfilm ($754k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $75k (9.2% of expenses). Other salaries and wages came to $206k. At year end it held assets of $384k against liabilities of $56k, net assets of $329k. It reported 16 employees.