Maine Arts Academy
Augusta, Maine
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Average
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
8 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,748,824↑6% | $2,873,188↑12% | $4,317,490↑256% | |
| 2022 | $2,603,235↓20% | $2,576,734↓4% | $1,212,302↑47% | — |
| 2021 | $3,238,498↑31% | $2,690,453↑12% | $822,323↑28% | — |
| 2020 | $2,463,647↓2% | $2,399,933↑13% | $642,460↑30% | — |
| 2019 | $2,521,577↑64% | $2,133,087↑47% | $495,565↑273% | — |
| 2018 | $1,540,958↑26% | $1,449,356↑6% | $132,721↑19% | — |
| 2017 | $1,219,672↑10811% | $1,364,580↑511% | $111,851↑730% | — |
| 2016 | $11,178 | $223,292 | $13,471 | — |
Frequently Asked Questions
What does Maine Arts Academy do?▼
Maine Arts Academy is a education nonprofit organization based in Maine. It is classified under NTEE code B20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Maine Arts Academy financially healthy?▼
Based on our 9-metric Financial Health Score model, Maine Arts Academy has a score of 48/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Maine Arts Academy generate?▼
Maine Arts Academy reports $3.1M in annual revenue and holds $4.1M in total assets, based on IRS filings.