Peace Gallery

Nonprofit profile at a glance

EIN: 874124006
IRS 990-EZ coverage: 2025–2025
Forms available: Form 990-EZ 2025, Form 990-N 2024
Location: Damariscotta, ME, USA
Rating: 57
Verdict: MIXED
Rating confidence: Moderate
Sector: Public, Society Benefit N.E.C.

Reported finances

Revenue: $78,353
Expenses: $72,754
Assets: $23,938
Liabilities: $5,116

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

6 people listed

People named in this filing

Bernard DeLisle (Founder)
Jacques Vesery (Member)
Gary Stone (Member)

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

The Peace Gallery in Damariscotta Maine is a 501c3 nonprofit whose mission is to showcase and support the creative works of veterans by providing a mixed-use arts space that fosters understanding and connection between veterans and the wider community. Offering Veteran Art Showcases - Displaying artwork and crafts created by veterans from across the country. Providing a Community Space: Hosting wellness activities yoga tai chi music performances and acoustic coffeehouses.

What it reported doing in 2025

We hold music coffeehouse programs to bring the community together and showcase Veterans

Operating model

Revenue model: Earned-program. 73% of the money available for current operations came from fees and other program revenue.
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: 29
Transparency & Controls: 100
Sustainability: 41
Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 27.7%; rating input score 28
Program expense ratio: 29.9%; rating input score 30

Transparency & Controls

Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
Major donor itemization: Yes; rating input score 100

Sustainability

Operating margin: 7.1%; rating input score 56; 56th percentile among comparable filings
Total-asset coverage ratio: 0.33; rating input score 24; 24th percentile among comparable filings
Liabilities to assets ratio: 0.21; rating input score 11; 11th percentile among comparable filings
Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

Program expense growth: Limited
Revenue growth: Limited
Asset growth: Limited

Details

Where the money goes: 27.7% of revenue deployed · 29.9% of spending went to programs
Governance: Filed governance answers
Accomplishments: 4 filed program accomplishments · $22K in reported program spending
Leadership: top reported pay $0 · 6 people listed
Consistency: 8 of 8 current checks pass
Schedules: 4 filed schedules
Contacts: How to reach this organization
Money network: 1 filed money-flow record
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 28/100.
Moderate — Financial Efficiency: Program expense ratio scored 30/100.
High — Sustainability: Total-asset coverage ratio scored 24/100.
Review — Sustainability: Operating margin scored 56/100.
High — Sustainability: Liabilities to assets ratio scored 11/100.
Review — Sustainability: Officer compensation ratio scored 56/100.