CSCharityScored
40

Heartwood Regional Theater Company

Arts & Culture · Damariscotta, Maine

Po Box 1115, Damariscotta, ME 04543-1115

EIN: 562404197· Founded: Dec 2003· 23 years active· Filing Year: 2023

Annual Revenue

$241K

Total Expenses

$244K

Total Assets

$4K

Program Spending

43%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$97K

39.7% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$30K

Total Payroll

$127K

52% of total expenses

Where the Money Goes

43%
Programs: 43%
Payroll: 52%
Other overhead: 57%
Program Revenue$106K (44%)
Total Expenses$244K (100%)
Payroll$127K (52%)
Overhead (non-program)57%

Trust Score Breakdown

Program Spending Ratio

43% of expenses go to programs

40%

Revenue & Stability

$241K annual revenue

15%

Executive Compensation

$97K total officer comp (39.7% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$4K in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.