Overview

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Est.

2016

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Maine Arts Academy, a nonprofit organization with EIN 47-4890021, focuses on arts education and elementary and secondary education in Maine. With an operating budget of $3.3 million and total revenue of $3.1 million for the 2024 filing year, the Academy is dedicated to transforming students' lives through a comprehensive college preparatory academic and arts education. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. For more information, visit www.maineartsacademy.org.

Mission Statement

The Academy aims to transform students lives and contribute to the cultural capital of Maine by providing a high quality, comprehensive, college preparatory academic and arts education for high school students.
Revenues
$3.1M
Expenses
$3.3M
Net Income:
-$105.2K
Assets
$4.1M
Liabilities
$3.5M
Net Assets:
+$573.9K
Operating Budget
$3.3M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
2
Median grant size
$9.6K
Largest grant received
$15K
M
Mitchell Thomas
Board Member
A
Andrew Landry
Board Member
L
Linda Warner
Board Member

Frequently Asked Questions

What is Maine Arts Academy’s budget?
In 2024, Maine Arts Academy reported an annual operating budget of around $3.3 million. More detailed financial information is available to registered users.
What causes does Maine Arts Academy support?
Maine Arts Academy supports work in Arts education and Elementary and secondary education.
Where does Maine Arts Academy operate?
Maine Arts Academy is headquartered in AUGUSTA, ME.
Who funded Maine Arts Academy recently?
In 2024, Maine Arts Academy received grants from Kennebec Savings Bank Foundation, OAK GROVE SCHOOL, and MELMAC EDUCATION FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant Maine Arts Academy received in 2024?
The largest grant to Maine Arts Academy in 2024 exceeds $15 thousand.
What is Maine Arts Academy’s reliance on government grants?
Maine Arts Academy relied on government grants for more than 90% of their total revenue in 2024.