MAINE EDUCATION ASSOCIATION
Pub 78

MAINE EDUCATION ASSOCIATION
Pub 78

Augusta, ME, US
501(c)(5)
EIN
01-0114035

MAINE EDUCATION ASSOCIATION
Pub 78

Augusta, ME, US
501(c)(5)
EIN
01-0114035

Income Statement

Fiscal Year Start:
Sep 1
Revenues in 2024

$9,883,218

Membership Dues
78%
Program Services
12%
Contributions
8%
Investments
2%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Expenses in 2024

$9,750,219

Salaries & Benefits
78%
Other
10%
Offices, Occupancy & IT
6%
Fees to Service Providers
4%
Depreciation
2%
Grants
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$698,111
$763,321
+9%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$8,639,590
$1,203,638
-86%
Membership Dues
$0
$7,665,827
-
Investments
$90,879
$180,648
+99%
Other
$34,925
$69,784
+100%
Total Revenues
$9,463,505
$9,883,218
+4%
Expenses
2023
2024
Change
Grants
$214,770
$62,061
-71%
Benefits to Members
$0
$0
-
Salaries & Benefits
$6,849,098
$7,577,373
+11%
Fees to Service Providers
$333,915
$349,321
+5%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$676,383
$607,957
-10%
Interest
$0
$0
-
Depreciation
$122,418
$154,783
+26%
Other
$665,792
$998,724
+50%
Total Expenses
$8,862,376
$9,750,219
+10%
Net income
2023
2024
Change
Net income
+$601,129
+$132,999
-78%
Functional Expenses
Summary
2023
2024
Change
Program
-
-
-
Admin
-
-
-
Fundraising
-
-
-
Total Expenses
$8,862,376
$9,750,219
+10%
Income Statement
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