Maine Charitable Mechanic Association

EIN: 010248533 501(c)(3)

Portland, ME

Total Revenue
$458,357
Total Expenses
$494,037
Total Assets
$1,173,007
Net Assets
$1,092,064
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1815
Legal Domicile
ME
Principal Officer
Annie Leahy
Phone
2077738396
Tax Period
2024-04-01 to 2025-03-31

Maine Charitable Mechanic Association, founded in 1815, is a small nonprofit that reported $458K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Net assets of $1.1M represent 29 months of operating reserves.

Mission

Mechanics' Hall is a historic cultural hub and member-supported library in Portland, Maine that brings together bold ideas, diverse voices, and vibrant community through the arts and humanities. We connect exceptional thinkers and artists spanning writers, performers, and curious minds of all ages to enrich intellectual life, celebrate creativity, and spark meaningful connection. By inspiring curiosity and empowering both emerging and established talent, we work to shape a more imaginative, inclusive, and connected future.

Program Service Accomplishments

Program 1
Expenses: $111,134

HISTORIC PRESERVATION OF COLLECTIONS AND BUILDING:Mechanics' Hall maintains its archive collections and building to enrich the lives of all who visit. Renowned for its Italianate architecture, it is...

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HISTORIC PRESERVATION OF COLLECTIONS AND BUILDING:Mechanics' Hall maintains its archive collections and building to enrich the lives of all who visit. Renowned for its Italianate architecture, it is listed on the National Register of Historic Places for National Significance. Mechanics' houses a select and unique archive collection, highlighting the historical significance of Mechanics' Hall and its founders since 1815, particularly in documenting the history of books and literary culture in Portland, Maine, during the 18th and 19th centuries . The Restoration and Preservation Committee, a board committee overseeing the building, furnishings, and grounds of Mechanics' Hall, prioritizes elective repairs, capital improvements or changes and offers recommendations to the Board of Directors on how best to proceed.

Program 2
Expenses: $118,282 Revenue: $91,653

PUBLIC PROGRAMS: Mechanics' Hall offers a wide range of year-round public programs to engage and enrich the community, including book launches, literary events, poetry, reading & writing groups...

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PUBLIC PROGRAMS: Mechanics' Hall offers a wide range of year-round public programs to engage and enrich the community, including book launches, literary events, poetry, reading & writing groups, theater and musical performances, and gallery showings. In the last fiscal year, we presented over 50 literary programs, 10 musical performances, 3 gallery performances, and 25 tours of our building. Over 12k people have come through our doors in the past year.

Program 3
Expenses: $3,251 Revenue: $1,573

CIRCULATING LIBRARY: Mechanics' Hall has always been committed to serving the general public and avid readers through the "diffusion of useful knowledge." Our circulating library boasts a diverse...

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CIRCULATING LIBRARY: Mechanics' Hall has always been committed to serving the general public and avid readers through the "diffusion of useful knowledge." Our circulating library boasts a diverse collection of books, including contemporary titles of literature, fiction, and non-fiction across various subjects, catering to curious and informed readers. Our collections are easily accessible on-site and through an online cataloging system and complemented by our digital presence.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $219,885
Program Service Revenue $65,621
Investment Income $68,214
Other Revenue $104,637
TOTAL REVENUE $458,357

Expense Breakdown

Grants Paid $0
Salaries & Benefits $215,036
Fundraising Expenses $123,271
Program Expenses $232,667
Other Expenses $279,001
TOTAL EXPENSES $494,037

Year-over-Year Comparison

2024 2023 Change
Revenue $458,357 $417,631 +0.1%
Expenses $494,037 $452,234 +0.1%
Net Income $-35,680 $-34,603 +0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
17
Independent Members
17
Employees
8
Volunteers
48

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
5
$77,519
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
William Stauffer Board President 10.00
Officer Director
$0 $0 $0
Chandra Leister Vice President 2.00
Officer Director
$0 $0 $0
Hilary Bassett Board Member 1.50
Director
$0 $0 $0
John Napolitano Board Member 1.50
Director
$0 $0 $0
Kristopher Kleva Board Member 1.50
Director
$0 $0 $0
Pamela Hawkes Board Member 1.50
Director
$0 $0 $0
Paul Stevens Board Member 2.00
Director
$0 $0 $0
Richard Spencer Board Member 1.50
Director
$0 $0 $0
Suzette Bois Treasurer 5.00
Officer Director
$0 $0 $0
Tom Haushalter Secretary 1.50
Officer Director
$0 $0 $0
Stuart O'Brien Board Member 1.50
Director
$0 $0 $0
Leah Rachin Board Member 1.50
Director
$0 $0 $0
CJ Opperthauser Board Member 3.00
Director
$0 $0 $0
Brian J Evans Board Member 1.50
Director
$0 $0 $0
Trevor LaVerriere Board Member 1.50
Director
$0 $0 $0
Taffy Field Board Member 1.50
Director
$0 $0 $0
Annie Leahy Executive Director 40.00
Officer
$77,519 $0 $77,519
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 $458,357 $494,037 $1,173,007 $-35,680
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