Form 990 for tax year 2023

Totals

Total revenue

$1,699,340

Total expenses

$1,409,240

Contributions and grants received

$1,722,963

Grants paid

$0

Program service revenue

$2,693

Investment income

$1,009

Other revenue

-$27,325

Total assets, end of year

$693,463

Total liabilities, end of year

$266,253

Net assets or fund balances, end of year

$427,210

Program services expenses (Part IX)

$1,063,012

Management and general expenses

$57,056

Fundraising expenses

$289,172

Program service expenses (Part III)

$1,063,012

Program services were 75.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2023

• EDUCATION MAINE POLICY INSTITUTE CONDUCTS RESEARCH AND HAS DEVELOPED PROGRAMS FOCUSED ON DETERMINING HOW TO PROVIDE MAINE STUDENTS WITH THE BEST POSSIBLE EDUCATION AND THE HIGHEST LEVEL OF ACADEMIC PREPARATION POSSIBLE, SO THAT MAINE STUDENTS MAY PROSPER IN THE COMPETITIVE, GLOBAL ECONOMY. MPIS RESEARCH-BASED EDUCATION PROGRAM IS DESIGNED TO IDENTIFY THE ELEMENTS NECESSARY TO BUILD AN EDUCATION SYSTEM THAT EFFECTIVELY MEETS THE NEEDS AND CHALLENGES OF THE INDIVIDUAL STUDENT WITH THE PARENT IN CONTROL OF EDUCATION DECISIONS FOR HIS OR HER CHILD. WE BELIEVE THE MODELS FOR PRIMARY AND SECONDARY EDUCATION THAT ARE USED IN MAINE ARE OUTDATED, AND THAT THE EXISTING EDUCATION SYSTEM IS NOT ADEQUATELY RESPONSIVE TO THE CONCERNS OR INTERESTS OF PARENTS. MHPCS LEADERSHIP IS WORKING TO GUARANTEE THAT PARENTS HAVE GREATER ROLES IN DETERMINING THEIR CHILDS EDUCATIONAL GOALS AND THE PROGRAMS AVAILABLE, SO THAT PARENTS CAN SELECT THE BEST INDIVIDUALIZED TEACHING AND LEARNING OPTIONS FOR THEIR CHILDREN. THE LONG-TERM VISION IS TO IMPROVE THE OUTCOMES FOR THE GREATEST NUMBER OF STUDENTS BY ENSURING THAT STUDENTS RECEIVE HIGH-QUALITY PRIMARY AND SECONDARY SCHOOL INSTRUCTION, AND ARE PREPARED TO FUNCTION EFFECTIVELY IN COLLEGES, UNIVERSITIES, OR VOCATIONAL TRAINING PROGRAMS.

  Expenses $522,496

• PROSPERITY TAX AND FISCAL MAINE POLICY INSTITUTE PROMOTES GREATER PROSPERITY FOR WORKING MAINE FAMILIES. LIMITED GOVERNMENT, LOW TAXES AND REASONABLE AND LIMITED GOVERNMENT REGULATIONS ARE THE KEY INGREDIENTS ON WHICH MAINE POLICY FOCUSES TO CREATE A PAGE 3 VIBRANT PRIVATE SECTOR AND A STRONG, GROWING, AND SUSTAINABLE ECONOMY. MAINE POLICY WORKS TO REVERSE MAINES ECONOMIC AND DEMOGRAPHIC DECLINE BY PROMOTING POLICY INITIATIVES THAT REINVIGORATE MAINES ECONOMY AND LIFT PEOPLE OUT OF POVERTY. LIBERTY FOCUSED AND FREE MARKET IDEAS HELP ADVANCE THESE CORE PRINCIPLES THROUGH SOUND RESEARCH, AGGRESSIVE OUTREACH, EDUCATION, AND THE PROMOTION OF A CLEAR POLICY AGENDA.

  Expenses $275,832

• HEALTH CARE MAINE POLICY INSTITUTE HAS A VISION THAT EVERYONE IN MAINE SHOULD HAVE ACCESS TO COMPREHENSIVE PRIVATE HEALTH INSURANCE COVERAGE AND HIGH-QUALITY, COST-EFFECTIVE HEALTH CARE PROVIDERS. MAINE POLICY PROMOTES POLICIES THAT GIVE INDIVIDUALS GREATER PERSONAL RESPONSIBILITY OVER THEIR OWN HEALTH AND OFFERS MEANINGFUL INCENTIVES FOR CITIZENS TO IMPROVE THEIR OWN HEALTH LONG TERM. MAINE POLICYS SUPPORTERS BELIEVE THAT MAINE SHOULD HAVE GREATER COMPETITION AND MORE INNOVATION IN HEALTH CARE WITH NUMEROUS CHOICES FOR INSURANCE CARRIERS AND HEALTH CARE PLANS AVAILABLE TO CITIZENS. MAINE POLICY SUPPORTS INNOVATION AND POLICIES THAT HARNESS PERSONAL INCENTIVES TO LOWER HEALTH CARE SPENDING, REWARD CLIENT VALUE, AND PROMOTE COMPETITION BETWEEN HEALTH CARE PROVIDERS. MAINE POLICY SUPPORTS TRANSPARENCY AND GREATER ACCESSIBILITY FOR CITIZENS TO PRICING AND OTHER FINANCIAL AND OUTCOME-DATA THAT IS RELATED TO THE PROVISION OF HEALTH CARE SERVICES. MAINE POLICY ALSO BELIEVES THAT MAINES BUSINESS OWNERS NEED TO BE ENCOURAGED TO HELP THEIR EMPLOYEES TAKE GREATER OWNERSHIP WITH THEIR HEALTH CARE, SO THAT EMPLOYEES HAVE A VESTED INTEREST IN BEING PRUDENT PATIENTS.

  Expenses $264,684

• MAINE POLICY INSTITUTE IS A NON-PROFIT, NONPARTISAN, RESEARCH AND EDUCATIONAL ORGANIZATION WHOSE MISSION IS TO FORMULATE AND PROMOTE CONSERVATIVE PUBLIC POLICIES BASED ON THE PRINCIPLES OF FREE ENTERPRISE; LIMITED, CONSTITUTIONAL GOVERNMENT; INDIVIDUAL FREEDOM; AND TRADITIONAL AMERICAN VALUES ALL FOR THE PURPOSE OF PROVIDING PUBLIC POLICY SOLUTIONS THAT BENEFIT THE PEOPLE OF MAINE. MAINE POLICYS STAFF PURSUES THIS MISSION BY UNDERTAKING ACCURATE AND TIMELY RESEARCH AND MARKETING THESE FINDINGS TO ITS PRIMARY AUDIENCE: THE MAINE LEGISLATURE, NONPARTISAN LEGISLATIVE STAFF, THE EXECUTIVE BRANCH, THE STATES MEDIA, AND THE BROAD POLICY COMMUNITY. MAINE POLICYS PRODUCTS INCLUDE PUBLICATIONS, ARTICLES, A NEWS BUREAU, CONFERENCES, AND POLICY BRIEFINGS THAT ADVANCE INDIVIDUAL LIBERTY AND ECONOMIC FREEDOM IN MAINE. MAINE POLICY RESEARCHES AND FORMULATES INNOVATIVE AND PROVEN CONSERVATIVE PUBLIC POLICY SOLUTIONS FOR MAINE IN FOUR KEY AREAS: ECONOMY AND TAXATION EDUCATION HEALTH CARE GOVERNMENT REFORM MAINE POLICY RELIES ON THE GENEROUS SUPPORT FROM INDIVIDUALS, CORPORATIONS, AND FOUNDATIONS, AND DOES NOT ACCEPT GOVERNMENT FUNDS OR PERFORM CONTRACT WORK. MAINE POLICY BOARD OF DIRECTORS HAS HELPED BUILD A STRONG ORGANIZATION, WITH EXCELLENT PROGRAMS, EXCEPTIONAL RESEARCH CAPABILITIES, OUTSTANDING LEADERSHIP, AND A GROWING MEMBERSHIP THAT HAS CONSISTENTLY SUPPORTED THE ORGANIZATIONS EXPANSION. IN EACH OF ITS PROGRAM AREAS, THE ORGANIZATION ACCOMPLISHES ITS MISSION THROUGH A STRAIGHTFORWARD, POWERFUL FIVE-PART APPROACH THAT INCLUDES: 1.FULLY ANALYZING THE ECONOMIC PROBLEMS THAT ARE HOLDING MAINE BACK; 2.THOROUGHLY INVESTIGATING THE ROOT CAUSES OF THE PROBLEMS AND IDENTIFYING PROVEN POLICY SOLUTIONS OFTEN SOLUTIONS THAT ARE ALREADY WORKING IN ANOTHER STATE; 3.AGGRESSIVELY EDUCATING THE PUBLIC, MEDIA AND POLICY MAKERS ABOUT THE IDENTIFIED PROBLEMS AND THEIR CAUSES; PAGE 2 4.RECOMMENDING PROVEN SOLUTIONS; AND, 5.UNCOMPROMISINGLY ADVOCATING INCLUDING GRASSROOTS AND OUTREACH FOR POLICY SOLUTIONS UNTIL THEY ARE IMPLEMENTED EVEN WHEN IT TAKES YEARS BECAUSE THE POLICIES WILL RESULT IN MAINE BECOMING MORE PROSPEROUS. FOR EACH OF THE FOUR POLICY AREAS LISTED ABOVE, MAINE POLICY HAS CLEAR AND MEASUREABLE POLICY OBJECTIVES. DOCUMENTED PROGRESS DEMONSTRATING THE ACHIEVEMENT OF POLICY OBJECTIVES AND INITIATIVES IS THE INDICATOR USED BY MAINE POLICY TO MEASURE THE ORGANIZATIONS OVERALL IMPACT, EFFECTIVENESS AND SUCCESS. DONORS RECEIVE REGULAR PROGRESS REPORTS ON MAINE POLICYS ACTIVITIES AND ACCOMPLISHMENTS AS THE ORGANIZATION REALIZES ITS ULTIMATE GOALS OF ADVANCING PROSPERITY AND CREATING A MORE VIBRANT ECONOMY WITHIN MAINE. MAINE POLICY INSTITUTE HAS MORE THAN 3,900 DONORS (94 PERCENT FROM MAINE) AND OUR EMAIL DISTRIBUTION LIST HAS MORE THAN 22,000 SUBSCRIBERS.

  Revenue $2,693

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type

form_990

Tax year

2023

Filed

15 November 2024

IRS schema version

2023v5.0

Source object

202423209349321527

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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