Maine College Circle
- Assets
- $196.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ellsworth, ME
- Founding
- 08/1992
- Data as of
- 12/2021
- EIN
- 01-0470496
Organization Overview
Maine College Circle is located in Ellsworth, ME. The organization was established in 1992. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., 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 College Circle 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 College Circle generated $127.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $79.5k during the year ending 12/2021. While expenses have increased by 14.5% per year over the past 7 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Stuart Director | 45 | $51,000 | |
Chris Toy Board Member | 0.5 | $0 | |
Jeffrey Allum Board Member | 0.5 | $0 | |
Isabella Jorgensen Board Chair | 0.5 | $0 | |
Bayard Brokaw Board Member | 0.5 | $0 | |
Emma Beaulieu Board Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $111,688 |
| Total Program Service Revenue | $4,500 |
| Membership dues | $0 |
| Investment income | $8,643 |
| Gain or Loss | $3,056 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $127,887 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $54,902 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,901 |
| Total expenses | $79,493 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $193,944 |
| Other assets | $0 |
| Total assets | $196,261 |
| Total liabilities | $9 |
| Net assets or fund balances | $196,252 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Maine College Circle has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Hayes Foundation New Haven, CT PURPOSE: EDUCATION | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Make A Wish Of New Hampshire Inc Manchester, NH | $4,345,175 | $2,601,281 |
Star Of Hope Inc Rockland, ME | $6,892,242 | $3,887,772 |
Broom Family Foundation New London, NH | $3,724,358 | $22,264 |
Maine College Circle Ellsworth, ME | $196,261 | $0 |
Music On Norway Pond Hancock, NH | $43,627 | $0 |
J Henry Hanhisalo Charitable Trust Concord, NH | $765,801 | $130,666 |
Hewnoaks Artist Colony Portland, ME | $73,086 | $0 |
Maine Acadian Heritage Council Madawaska, ME | $44,904 | $0 |
International Artists Manifest Woolwich, ME | $1,001,983 | $83,018 |
Summer Festival Of The Arts Southwest Harbor, ME | $44,572 | $0 |
New Hampshire Teachers Of Mathematics Epping, NH | $16,986 | $0 |
Keene Chamber Orchestra Inc Keene, NH | $16,904 | $0 |