CSCharityScored
62

Midcoast Music Academy

Arts & Culture · Rockport, Maine

821 Commercial St, Rockport, ME 04856-4243

EIN: 455600605· Founded: Sep 2018· 8 years active· Filing Year: 2023

Annual Revenue

$304K

Total Expenses

$339K

Total Assets

$304K

Program Spending

64%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

Not reported

All officers, directors, and key employees combined

Other Salaries & Wages

$198K

Total Payroll

$198K

58% of total expenses

Where the Money Goes

64%
Programs: 64%
Payroll: 58%
Other overhead: 36%
Program Revenue$216K (71%)
Total Expenses$339K (100%)
Payroll$198K (58%)
Overhead (non-program)36%

Trust Score Breakdown

Program Spending Ratio

64% of expenses go to programs

40%

Revenue & Stability

$304K annual revenue

15%

Executive Compensation

Not reported

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$304K 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.