Maine-wabanaki Reach is a 501(c)(3) organization based in Old Town, Maine, registered in 2019, with $513,806 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$514K
▲ 15.9% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$384K
Net assets
$626K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Maine-wabanaki Reach— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Maine-wabanaki Reach: 20 mo reserves · +25% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Maine-wabanaki Reach— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Maine-wabanaki Reach: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $150K (FY2018) to $514K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
25.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$668K
Total liabilities
$42K
Net assets
$626K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $513,806▲15.9% | $383,851▼40.5% | $626,405▲25.6% | $668,230▲11.8% | 990 |
| 2023 | $443,165▼19.9% | $645,053▲19.9% | $498,904▼28.6% | $597,936▼19.6% | 990 |
| 2022 | $553,154▼0.6% | $537,957▲15.2% | $699,084▲2.8% | $744,020▲3.7% | 990 |
| 2021 | $556,384▼11.0% | $466,855▲67.4% | $680,247▲16.0% | $717,141▲3.6% | 990 |
| 2020 | $625,361▲100% | $278,854▲56.0% | $586,183▲174% | $691,965▲179% | 990 |
| 2019 | $312,506▲109% | $178,803▲60.4% | $213,671▲167% | $247,991▲163% | 990 |
| 2018 | $149,604 | $111,450 | $79,968 | $94,406 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
21 grants to Maine-wabanaki Reach totaling $763K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Maine Community Foundation Inc | Cultural & ethnic awareness | 2024 | $76,400 |
| American Endowment Foundation | Human service | 2024 | $6,000 |
| Maine Community Foundation Inc | Cultural & ethnic awareness , wellness | 2023 | $110,750 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2023 | $15,900 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $11,650 |
| Maine Community Foundation Inc | Cultural & ethnic awareness | 2022 | $25,050 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2022 | $10,275 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $8,250 |
| Network For Good Inc | Unrestricted | 2022 | $6,511 |
| Maine Community Foundation Inc | Cultural & ethnic awareness | 2021 | $61,241 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $39,300 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $39,300 |
| National Philanthropic Tr | Culture & arts | 2021 | $10,000 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2021 | $9,450 |
| Network For Good Inc | Unrestricted | 2021 | $6,512 |
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Data for Maine-wabanaki Reach (EIN 83-0757221) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.