United Maine Craftsmen
Nonprofit profile at a glance
- EIN
- 237072870
- IRS 990-EZ coverage
- 2014–2023
- Forms available
- Form 990 2015, Form 990-EZ 2023, Form 990-T 2022
- Location
- Waterville, ME, USA
- Phone
- 2074582403
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Visual Arts Organizations
Reported finances
- Revenue
- $19,925
- Expenses
- $26,004
- Assets
- $48,838
- Liabilities
- $9,318
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- RACHEL SOUCY (PRESIDENT)
People named in this filing
- RACHEL SOUCY (PRESIDENT)
- PEGGI LOVELESS (VICE PRESIDE)
- BETTY BEGIN (SECRETARY)
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 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote Maine artists by providing opportunities for marketing, education and collaboration.
What it reported doing in 2023
The 2023 season was a difficult one for the united Maine craftsmen. Our membership decreased due to retirement of members, members finding other avenues to sell their products, i.e. The internet and co-op stores. We needed to change the location of our holiday show in december due to parking accommodations. We added a location in portland, but due to the mass shooting in lewiston and fear of the person of interest on the loose, we made the decision to cancel. Due to lack of participation, we needed to cancel the brewer show. Attendance has been down although we made the decision last year to stop charging a gate fee. At our annual meeting, we needed to replace the vice president, treasurer and three board members, which we were able to successfully accomplish. A summary of shows during the year is as follows: augusta - 45 vendors fall festival - cancelled holiday - 52 vendors brewer - cancelled all categories of crafts were represented at each show by at least one vendor. The majority of the vendors had a successful season, even though the customer attendance was down at all of the shows. United Maine craftsmen is looking forward to a great 2024 season with six shows planned. The organization offers two 300 art scholarships annually to students pursuing a major and career in a visual art.
Operating model
- Revenue model
- Earned-program. 69% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 82
- Sustainability: 31
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 90.2%; rating input score 90
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -30.5%; rating input score 19; 19th percentile among comparable filings
- Total-asset coverage ratio: 1.88; rating input score 63; 63rd percentile among comparable filings
- Liabilities to assets ratio: 0.19; rating input score 15; 15th percentile among comparable filings
- Officer compensation ratio: 5.7%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: -22.4% per year; rating input score 0; 17th percentile among comparable filings
- Revenue growth: -12.5% per year; rating input score 0; 22nd percentile among comparable filings
- Asset growth: -8.2% per year; rating input score 0; 19th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 90.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $23K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 9 filing years from 2014 to 2023
- Contacts: How to reach this organization
- Money network: 4 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.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 19/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 11/100.
- High — Sustainability: Liabilities to assets ratio scored 15/100.