Anthology 42 - the Michael H Walsh Foundation
Nonprofit profile at a glance
- EIN
- 994115762
- IRS 990-EZ coverage
- 2024–2025
- Forms available
- Form 990-EZ 2025
- Location
- Topsham, ME, USA
- Phone
- 2077200737
- Rating
- 54
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Arts Education
Reported finances
- Revenue
- $2,089
- Expenses
- $601
- Assets
- $5,999
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
1 person listed
Executive titles in this filing
- Mary T Walsh (executive director)
People named in this filing
- Mary T Walsh (executive director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Education, mentorship, and support to help students, young people and early career individuals to pursue writing, photography, and the arts.
What it reported doing in 2025
Four-day photography workshop at professional snowboard event in Utah in April 2025 that served 11 emerging photographers. Workshop included three professional mentors, daily photo critiques, 24/7 support while shooting photos as well as in post-production, confidence-building, skill instruction, and mentorship support. The result was increased professional use of photos created during the event and career advancement in the months following with participating photographers earning paid work and published photography while maintaining relationships within the workshop group.
Operating model
- Revenue model
- Donor-supported. 64% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 28
- Transparency & Controls: 82
- Sustainability: 86
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 14.6%; rating input score 15
- Program expense ratio: 50.6%; rating input score 51
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 71.2%; rating input score 95; 95th percentile among comparable filings
- Total-asset coverage ratio: 9.98; rating input score 92; 92nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 200% per year; rating input score 100; 100th percentile among comparable filings
- Revenue growth: -105% per year; rating input score 0; 2nd percentile among comparable filings
- Asset growth: 28.9% per year; rating input score 100; 89th percentile among comparable filings
Details
- Where the money goes: 14.6% of revenue deployed · 50.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $304 in reported program spending
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2024 to 2025
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 15/100.
- Review — Financial Efficiency: Program expense ratio scored 51/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.