Maine Center for Creativity
Nonprofit profile at a glance
- EIN
- 202826251
- IRS 990-EZ coverage
- 2011–2017
- Forms available
- Form 990 2014, Form 990-EZ 2017
- Location
- Portland, ME, USA
- Phone
- 2077300694
- Rating
- 56
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Arts, Cultural Organizations - Multipurpose
Reported finances
- Revenue
- $32,477
- Expenses
- $27,878
- Assets
- $7,270
Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- Joseph Porta (President)
People named in this filing
- Anthony Struzziero (board member)
- Katherine Greenleaf (Board Member)
- Thomas MacDonald (Treasurer)
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 2017. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Maine Center for Creativitys mission is to promote the growth of the arts and creative industries in Maine. This is achieved by creating projects and programs that promote the arts and stimulate the economy by contributing to the growth of Maines creative industries and professions. We do this by:1) Creating high-visibility public art projects that capture the imagination and foster the art of the possible,2) Creating programming and networking that support people working in the creative industries, and3) Stimulating innovative enterprise and interaction through regional, national and international collaborations, partnerships and educational initiatives, which lead to increasing the import and export of innovation to/from Maine.
What it reported doing in 2017
Pecha Kucha - Pecha Kucha is a quarterly gathering of some 100 to 150 community members from a wide variety of backgrounds and creative professions, intended to provide an opportunity for structured, personal presentations of creative work and personal or professional explorations. The purpose is to encourage and inspire creative expression, allow creative professionals to meet, network and potentially collaborate, and also to showcase the hidden creativity in our communities. PechaKucha is a global activity and format, with over 800 cities around the world conducting similar events and programs. Each participating community shares videos or photos and scripts from its quarterly programs via the Internet. The format is 20 slides and 20 seconds for each slide. This creates a wonderful presentation of 6 minutes and 40 seconds and provides an audience and networking opportunity to people with good ideas. It is quick and consise to keep things upbeat and interesting.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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. 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: 42
- Transparency & Controls: 82
- Sustainability: 39
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 39.6%; rating input score 40
- Program expense ratio: 46.2%; rating input score 46
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 14.2%; rating input score 69; 69th percentile among comparable filings
- Total-asset coverage ratio: 0.26; rating input score 19; 19th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 19.7%; rating input score 8; 8th percentile among comparable filings
Growth
- Program expense growth: -53% per year; rating input score 0; 7th percentile among comparable filings
- Revenue growth: -22% per year; rating input score 0; 15th percentile among comparable filings
- Asset growth: -45.6% per year; rating input score 0; 4th percentile among comparable filings
Details
- Where the money goes: 39.6% of revenue deployed · 46.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $13K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2011 to 2017
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 40/100.
- Moderate — Financial Efficiency: Program expense ratio scored 46/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 19/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 8/100.