Maine Leadership Institute
- Assets
- $115.8k
- Revenue
- $174.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Yarmouth, ME
- Founding
- 06/1977
- Data as of
- 12/2021
- EIN
- 01-0348888
Organization Overview
Maine Leadership Institute is located in Yarmouth, ME. The organization was established in 1977. According to its NTEE Classification (A70) the organization is classified as: Humanities, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maine Leadership Institute is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Maine Leadership Institute generated $174.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 31.6% each year . All expenses for the organization totaled $173.1k during the year ending 12/2021. While expenses have increased by 33.9% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
MLI PROVIDES CHARACTER AND ETHICS-BASED LEADERSHIP TRAINING TO AT-RISK YOUTH, UNDER CONTRACT TO THE STATE OF MAINE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Corey President | 40 | $101,364 | |
Theodore Tierney Secretary | 0.5 | $0 | |
Christine A Flaherty Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,225 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $173,061 |
| Total Revenue | $174,286 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $101,364 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $6,321 |
| Interest | $0 |
| Taxes | $8,458 |
| Depreciation | $261 |
| Occupancy | $1,725 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $22,827 |
| Total operating and administrative expenses | $173,061 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $173,061 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $114,120 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,664 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $115,784 |
| Accounts payable and accrued expenses | $18,031 |
| Grants payable | $0 |
| Deferred revenue | $95,689 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $113,720 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Hampshire Institute of Art Manchester, NH | $0 | $13,685,136 |
Maine Humanities Council Portland, ME | $3,529,954 | $1,686,793 |
Alice James Poetry Cooperative Inc New Gloucester, ME | $425,517 | $373,882 |
Seguinland Institute Georgetown, ME | $33,713 | $268,062 |
Maine Leadership Institute Yarmouth, ME | $115,784 | $174,286 |
Odyssey Writing Workshops Charitable Tr Mont Vernon, NH | $234,176 | $0 |
Penobscot Language School Rockland, ME | $130,691 | $0 |
Center For Ethics In Action Portland, ME | $5,887 | $0 |
Book Love Foundation North Conway, NH | $106,996 | $0 |
New Hampshire Writers Project Manchester, NH | $52,485 | $0 |
Eagle Hill Foundation Steuben, ME | $154,421 | $0 |
Maine Poets Society Augusta, ME | $6,759 | $0 |