MAINE COLLEGE OF ART

As filed

Subsection

03

NTEE code

B420

Classification

2000

Street

522 CONGRESS ST

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• INSTRUCTION - PRIMARY MISSION. THE COLLEGE IS A PRIVATE INSTITUTION OFFERING BACHELOR AND MASTER OF FINE ARTS DEGREE PROGRAMS TO APPROXIMATELY 400 FULL-TIME STUDENTS CONCENTRATING IN THE FINE ARTS, A MASTER OF ART IN TEACHING PROGRAM, AS WELL AS A WIDE RANGE OF CONTINUING STUDIES CLASSES FOR INDIVIDUALS OF ALL AGES AND A PUBLICLY ACCESSIBLE GALLERY, THE INSTITUTE OF CONTEMPORARY ART.

  Expenses $23,019,340 · Grants $8,719,622 · Revenue $25,607,833

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

The first 25 listed. 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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $38,594,119

  Expenses

  $29,733,021

  Contributions

  $11,967,383

  Grants paid

  $8,719,622

• 2023

  Revenue

  $29,795,926

  Expenses

  $28,239,876

  Contributions

  $3,902,479

  Grants paid

  $8,356,368

• 2022

  Revenue

  $26,110,572

  Expenses

  $25,843,831

  Contributions

  $3,521,036

  Grants paid

  $7,736,957

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $29,282,337

  Expenses

  $24,932,922

  Assets (EOY)

  $42,121,529

• 2020 · 990

  Revenue

  $26,019,477

  Expenses

  $22,879,402

  Assets (EOY)

  $42,166,138

• 2019 · 990

  Revenue

  $23,379,343

  Expenses

  $23,021,312

  Assets (EOY)

  $34,539,272

• 2018 · 990

  Revenue

  $22,339,849

  Expenses

  $21,732,886

  Assets (EOY)

  $32,290,550

• 2017 · 990

  Revenue

  $22,189,337

  Expenses

  $21,898,043

  Assets (EOY)

  $30,768,389

• 2016 · 990

  Revenue

  $22,900,411

  Expenses

  $20,388,614

  Assets (EOY)

  $30,378,219

• 2015 · 990

  Revenue

  $19,390,193

  Expenses

  $19,049,957

  Assets (EOY)

  $29,216,800

• 2014 · 990

  Revenue

  $18,331,815

  Expenses

  $17,724,139

  Assets (EOY)

  $29,630,984

• 2013 · 990

  Revenue

  $19,121,874

  Expenses

  $15,967,304

  Assets (EOY)

  $29,545,846

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $14,724,939

  Assets (EOY)

  $26,011,509

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $174,900

  2024 · For grant recipient's exempt purposes

• DAVIS FAMILY FOUNDATION

  $100,000

  2024 · Maine College of Art & Design Animation & Game Art Expansion Phase I

• MAINE COMMUNITY FOUNDATION INC

  $59,380

  2024 · Education

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $36,500

  2023 · For grant recipient's exempt purposes

• MAINE COMMUNITY FOUNDATION INC

  $35,440

  2023 · Undergraduate Colleges

• DONOR ADVISED CHARITABLE GIVING

  $32,325

  2023 · EDUCATION

• NATURE CONSERVANCY

  $31,970

  2023 · CONSERVATION ACTIVITIES

• DONOR ADVISED CHARITABLE GIVING

  $31,100

  2024 · EDUCATION

• MAINE COMMUNITY FOUNDATION INC

  $31,060

  2022 · Scholarships & Student Financial Aid

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $30,150

  2022 · For grant recipient's exempt purposes

The 10 largest by cash amount. The API serves every itemized grant.

Other IRS files