61
Portland Ovations
Arts & Culture · Portland, Maine
120 Exchange Street Suite 110, Portland, ME 04101-5066
EIN: 010350707· Founded: Aug 1977· 49 years active· Filing Year: 2023
Annual Revenue
$2.2M
Total Expenses
$2.6M
Total Assets
$3.7M
Program Spending
48%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$167K
6.3% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$439K
Total Payroll
$606K
23% of total expenses
Where the Money Goes
48%
Programs: 48%
Payroll: 23%
Other overhead: 52%
Program Revenue$1.3M (58%)
Total Expenses$2.6M (100%)
Payroll$606K (23%)
Overhead (non-program)52%
Trust Score Breakdown
Program Spending Ratio
48% of expenses go to programs
Revenue & Stability
$2.2M annual revenue
Executive Compensation
$167K total officer comp (6.3% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$3.7M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.