Midcoast Music Academy
Rockport, Maine
CHealth Score
42C
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Below Average
💰
$304K
Total Revenue
📊
$339K
Total Expenses
🏦
-$50K
Net Assets
📋
$355K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-10.9%
Year-over-year change (2022 → 2023)
Net Margin
-11.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.15
Net assets divided by total expenses
Liabilities-to-Assets
116.6%
Total liabilities as % of total assets
Filing History
7 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $303,902↓11% | $338,934↑6% | $304,330↓10% | |
| 2022 | $341,245↑44% | $320,106↑8% | $339,108↓3% | — |
| 2021 | $237,580↑52% | $296,915↑53% | $348,163↑101% | — |
| 2020 | $156,328↓63% | $194,328↓36% | $173,215↑18% | — |
| 2019 | $418,766↑91% | $303,022↑11% | $147,223↑486% | — |
| 2018 | $218,850↑121% | $272,669↑175% | $25,137↓20% | — |
| 2017 | $98,808 | $99,272 | $31,401 | — |
Frequently Asked Questions
What does Midcoast Music Academy do?▼
Midcoast Music Academy is a arts, culture & humanities nonprofit organization based in Maine. It is classified under NTEE code A6E and is registered as a 501(c) tax-exempt organization with the IRS.
Is Midcoast Music Academy financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Midcoast Music Academy.
How much revenue does Midcoast Music Academy generate?▼
Midcoast Music Academy reports $398K in annual revenue and holds $281K in total assets, based on IRS filings.
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