Maine Tourism Association

EIN: 010165110

Hallowell, ME

Total Revenue
$4,149,730
Total Expenses
$3,890,341
Total Assets
$3,910,342
Net Assets
$2,879,746
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1937
Legal Domicile
ME
Principal Officer
Anthony Cameron
Phone
2076230363
Tax Period
2024-07-01 to 2025-06-30

Maine Tourism Association, founded in 1937, is a community nonprofit that reported $4.1M in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $3.9M left a modest 6% surplus.

Mission

The Association's primary mission is to keep the tourism insdustry sustainable by providing visitors and residents with tourism information, to develop travel, tourism, and advocacy, and to promote workforce development in Maine.

Program Service Accomplishments

Program 1

The Association continues to maintain the visitor centers for the State of Maine.

Program 2

The Association continues to compose and publish material concerning tourism in the State of Maine.

Program 3

The Association helps promote tourism activities by supplying brochures and other material of members to the visitor centers. The costs are included within the statement of activities.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $880,919
Program Service Revenue $3,141,283
Investment Income $78,887
Other Revenue $48,641
TOTAL REVENUE $4,149,730

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,074,209
Fundraising Expenses $0
Other Expenses $1,816,132
TOTAL EXPENSES $3,890,341

Year-over-Year Comparison

2024 2023 Change
Revenue $4,149,730 $3,410,724 +0.2%
Expenses $3,890,341 $3,237,387 +0.2%
Net Income $259,389 $173,337 +0.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
16
Independent Members
16
Employees
61
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
9
$139,488
Total Directors
18
$139,488
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Erick Anderson Director 1.00
Director
$0 $0 $0
Curt Dale Clark Director 1.00
Director
$0 $0 $0
Dirk Gouwens Director 1.00
Director
$0 $0 $0
Tina Hewitt Gordon Director 1.00
Director
$0 $0 $0
LeRae Kinney Director 1.00
Director
$0 $0 $0
Don Kleiner Director 1.00
Director
$0 $0 $0
Bob Meyers Honorary Member 1.00
Director
$0 $0 $0
Troy Munford Director 1.00
Director
$0 $0 $0
Lynn Tillotson Director 1.00
Director
$0 $0 $0
Brian Bickford First Vice Chair 1.00
Officer Director
$0 $0 $0
Steve Dobson Gov't Affairs Comm. Chair 1.00
Officer Director
$0 $0 $0
Kathy Dyer Secretary 1.00
Officer Director
$0 $0 $0
Brian Langley Chair 1.00
Officer Director
$0 $0 $0
Rick Martin Personnel Committee Chair 1.00
Officer Director
$0 $0 $0
Scott Riccio Treasurer 1.00
Officer Director
$0 $0 $0
Rick Snow Membership Committee Chair 1.00
Officer Director
$0 $0 $0
Lee P Speronis Past Chair 1.00
Officer Director
$0 $0 $0
Anthony Cameron CEO 55.00
Officer Director
$132,776 $6,712 $139,488
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $4,149,730 $3,890,341 $3,910,342 $259,389
2024 $3,410,724 $3,237,387 $3,180,698 $173,337
2023 $3,087,097 $2,828,933 $2,924,153 $258,164
2022 $2,806,092 $2,723,589 $2,552,212 $82,503
2021 $2,872,904 $2,399,609 $2,459,212 $473,295
2020 $2,600,389 $2,711,907 $1,930,760 $-111,518
2019 $2,690,239 $2,790,852 $1,839,784 $-100,613
2018 $2,413,567 $2,457,853 $2,042,353 $-44,286
Explore More Nonprofits
→Top 100 Nonprofits in Maine →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Maine Tourism Association with other nonprofits in Maine and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.