Maine Fiberarts
- Assets
- $34.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brunswick, ME
- Founding
- 03/2002
- Data as of
- 12/2021
- EIN
- 01-0539738
Organization Overview
Maine Fiberarts is located in Brunswick, ME. The organization was established in 2002. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, 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 Fiberarts 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 Fiberarts generated $84.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $74.7k during the year ending 12/2021. While expenses have increased by 3.0% 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 |
|---|---|---|---|
Christine Macchi Executive Di | 40 | $32,439 | |
Dr Donald Talbot Vice Preside | 2 | $0 | |
Arlene Morris Secretary | 2 | $0 | |
Carolyn Wollen President/tr | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $71,285 |
| Total Program Service Revenue | $744 |
| Membership dues | $9,675 |
| Investment income | $12 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $84,366 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $60,246 |
| Professional fees and other payments to independent contractors | $1,464 |
| Occupancy, rent, utilities, and maintenance | $5,850 |
| Printing, publications, postage, and shipping | $318 |
| Other expenses | $6,815 |
| Total expenses | $74,693 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,599 |
| Other assets | $0 |
| Total assets | $34,599 |
| Total liabilities | $0 |
| Net assets or fund balances | $34,599 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Maine Fiberarts has recieved totaling $10,024.
| Awarding Organization | Amount |
|---|---|
Maine Community Foundation Inc Ellsworth, ME PURPOSE: Visual Arts | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $24 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Watershed Center For The Ceramic Arts Incorporated Edgecomb, ME | $7,947,733 | $4,176,018 |
Maine Crafts Association Gardiner, ME | $304,550 | $829,856 |
Tempoart Portland Portland, ME | $33,021 | $0 |
Seacoast Artist Association Exeter, NH | $78,415 | $0 |
Maine Fiberarts Brunswick, ME | $34,599 | $0 |
Architalx Portland, ME | $83,709 | $0 |
My Homecourt Inc Portsmouth, NH | $20,563 | $0 |
American Society Of Architectural Perspectivists Inc Hebron, ME | $19,295 | $56,437 |
Union Of Maine Visual Artists Inc Walpole, ME | $169,365 | $0 |
Pine Tree Quilters Guild Augusta, ME | $115,939 | $0 |
United Maine Craftsmen Waterville, ME | $51,954 | $0 |
Tarleton Castle Arts Landaff, NH | $16,628 | $0 |