Kevin P Mahaney Center For The Arts is located in Portland, ME. The organization was established in 2016. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kevin P Mahaney Center For The Arts is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION'S PRIMARY CHARITABLE ACTIVITY INCLUDE THE ACQUISITION AND EXHIBITION OF ARTWORK FOR THE BENEFIT OF THE GENERAL PUBLIC; THE CONDUCT OF EDUCATIONAL PROGRAMS IN FURTHERANCE OF THE ARTS; THE MAKING OF GIFTS, GRANTS AND CONTRIBUTIONS TO OTHER ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3) OR 501(C)(1) OF THE CODE FOR SUCH EXEMPT PURPOSES, AND TO ENGAGE IN ANY OTHER ACTIVITY SUPPORTIVE OF THIS CENTRAL MISSION.DUE TO THE ONGOING COVID-19 PANDEMIC, THE ORGANIZATION'S CHARITABLE ACTIVITIES WERE HALTED FOR THE ENTIRETY OF 2022.THE ORGANIZATION PLANS TO RESUME ACTIVITIES IN THE COMING YEAR AND HAS PROPOSED FUNDING TOTALING $300,000 TO SUPPORT AN EXHIBITION AND THE PRODUCTION OF WORKS BY SARAH MORRIS AT THE NAKANOSHIMA MUSEUM OF ART AND MIDDLEBURY COLLEGE MUSEUM, INCLUDING ONE LARGE 14X7 FEET PAINTING AND TWO 7X7 FEET PAINTINGS ALONG WITH PRELIMINARY SKETCHES AND A PAINTING IN RELATION TO THE FILM SAKURA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Christopher Mahaney Director | 0.1 | $0 | |
Tina Teel Director | 1 | $0 | |
Kevin Mahaney President/treasurer | 1 | $0 | |
David Mahaney Director | 0.15 | $0 | |
Christopher Howard Secretary | 0 | $0 | |
Nicholas Mahaney Director | 0.15 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Petzel Gallery | 12/30/17 | $300,000 |
Brunswick Arts | 12/30/17 | $55,000 |
Fox Point Pictures Llc | 12/30/17 | $51,450 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
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 | $0 |
Total Revenue | $0 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $0 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $0 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $192 |
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 | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $192 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Organization Name | Assets | Revenue |
---|---|---|
Elaine Connors Wildcare Concord, NH | $2,331,972 | $215,341 |
K2 Fam Foundation Port Clyde, ME | $5,158,295 | $1,319,317 |
Great Hill Horticultural Foundation Inc Hampton, NH | $90,521 | $311,337 |
N C Wyeth Research Foundation And Reading Libraries Inc Cumberland Foreside, ME | $3,118,211 | $374,489 |
Sawyer Kensington Trust Kensington, NH | $169,299 | $82,263 |
Portland Seamens Friend Society Windham, ME | $179,565 | $108,058 |
Wesley S Way Foundation Manchester, NH | $49,045 | $48,630 |
Will And Elena Barnet Foundation Inc Sebasco Estates, ME | $1,158,799 | $66,651 |
The Webs Foundation Portsmouth, NH | $387,011 | $83,669 |
Pleasant River Wildlife Foundation Addison, ME | $2,147,465 | $25,047 |
Annie E Woodman Institute Dover, NH | $0 | $49,818 |
Mcclennan Charitable Tr Portsmouth, NH | $809,165 | $50,119 |