MAINE LIGHTHOUSE MUSEUM (EIN 200304972) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

DOT BLACK

Phone

2075943301

Tax Period

2024-01-01 to 2024-12-31

MAINE LIGHTHOUSE MUSEUM, founded in 2003, is a small nonprofit in the Arts, Culture & Humanities sector that reported $396K in total revenue in fiscal year 2024. Revenue surged 89% from the prior year, signaling strong growth momentum.

Mission

THE MISSION OF THE MAINE LIGHTHOUSE MUSEUM IS TO EDUCATE THE PUBLIC REGARDING THE LONG-STANDING TRADITIONS, HEROISM AND PROGRESS OF AMERICA'S LIGHTHOUSE AND LIFESAVING SERVICES AND THE UNITED STATES COAST GUARD THROUGH THE CONSERVATION AND INTERPRETATION OF THE NATION'S MOST SIGNIFICANT COLLECTION OF LIGHTHOUSE AND LIFESAVING ARTIFACTS. PRESERVE AND EXHIBIT HISTORIC LIGHTHOUSE MEMORABILIA

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,384

Program Service Revenue $137,565

Investment Income $200,765

Other Revenue $56,735

TOTAL REVENUE $396,449

Expense Breakdown

Grants Paid $0

Salaries & Benefits $23,078

Fundraising Expenses $0

Program Expenses $136,990

Other Expenses $394,701

TOTAL EXPENSES $417,779

Year-over-Year Comparison

	2024	2023	Change
Revenue	$396,449	$210,074	+0.9%
Expenses	$417,779	$216,358	+0.9%
Net Income	$-21,330	$-6,284	+2.4%

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL CONLON	BOD MEMBER	N/A	Director	$0	$0	$0
GARY GAMAGE	BOD MEMBER	N/A	Director	$0	$0	$0
ZACHARY LEACH	BOD MEMBER	N/A	Director	$0	$0	$0
JOE LEBHERZ	BOD MEMBER	N/A	Director	$0	$0	$0
STEPHEN LIBERTY	BOD MEMBER	N/A	Director	$0	$0	$0
DAVID VAUGHN	BOD MEMBER	N/A	Director	$0	$0	$0
DOT BLACK	SECRETARY/TR	N/A	Officer	$0	$0	$0
PAUL DILGER	PRESIDENT	N/A	Officer	$0	$0	$0
ROY HARPER	VICE CHAIR	N/A	Officer	$0	$0	$0

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
2024	$396,449	$417,779	$321,529	$-21,330
2023	$210,074	$216,358	$704,960	$-6,284
2022	$183,724	$191,933	$735,560	$-8,209
2021	$138,162	$145,526	$765,532	$-7,364
2020	$64,562	$59,545	$821,839	$5,017

MAINE LIGHTHOUSE MUSEUM