Charity Search / MAINE COLLEGE OF ART
Education (B420) 990 on File

MAINE COLLEGE OF ART

EIN: 01-0378758 · PORTLAND, ME 04101-3378 · United States · FY 2025 Data
3 out of 5 57 / 100 Based on 2+ years of filings
Financial strength (30%) 80/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$38.6M
Total Revenue
$29.7M
Total Expenses
$46.2M
Net Assets
367
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 77.4%
Fundraising Efficiency 1098.5%
Operating Reserve 18.64x
Liability-to-Asset 39.3%
Revenue Diversification 66.4%
Executive Compensation $972K
Compared with Peers
FY 2025
Compared with 1,600 similar organizations (United States, Education, $10M–$100M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
77.4% 84.4%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
19.5% 13.6%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
3.1% 0.5%
P10P90
Bottom quarter
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
1098.5% 546.1%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
18.6 mo 10.5 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
39.3% 32.5%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
66.4% 88.2%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
29.5% 5.8%
P10P90
Expense growth
Year over year expense growth
5.3% 5.7%
P10P90
Surplus margin
Surplus as a share of revenue
23.0% 3.2%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $38.6M $29.7M $46.2M 77.4% 367
2024 $29.8M $28.2M $35.8M 73.9% 359
2023 $26.1M $25.8M $32.6M 79.5% 359
2022 $29.3M $24.9M $31.2M 76.0% 345
2021 $26.0M $22.9M N/A 377
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Organization Details
EIN
01-0378758
State
ME
City
PORTLAND
ZIP
04101-3378
Classification
B420
Category
Education
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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