Education
(B420)
990 on File
MAINE COLLEGE OF ART
Financial strength (30%)
80/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
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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