317 Main St Community Center Inc

EIN: 201424631 501(c)(3) Arts, Culture & Humanities

Yarmouth, ME

Total Revenue
$2,128,282
Total Expenses
$2,341,224
Total Assets
$7,119,605
Net Assets
$4,772,677
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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
ME
Principal Officer
Graeme Kennedy
Phone
2078469559
Tax Period
2024-07-01 to 2025-06-30

317 Main St Community Center Inc, founded in 2004, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.1M in total revenue in fiscal year 2024. Expenses of $2.3M exceeded revenue, resulting in a 10% operating deficit.

Mission

317 Main creates an environment for musical enrichment centered on respect, encouragement, and support for musicians of all ages and abilities. 317 Main contributes to the vibrancy of our communities by offering extraordinary music education at our Yarmouth studios, engaging diverse populations through partnership programs, and supporting the creative economy through collaborative partnerships and hiring local artists.

Program Service Accomplishments

Program 1
Expenses: $1,828,715 Revenue: $1,429,233

317 Main's largest program service is providing music education opportunities for students of all ages and abilities at our Yarmouth studios. In 2025, 317 Main provided private and group lessons, as...

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317 Main's largest program service is providing music education opportunities for students of all ages and abilities at our Yarmouth studios. In 2025, 317 Main provided private and group lessons, as well as ensembles, classes, workshops, and performance opportunities to more than 1,800 students and music lovers throughout the year. Music students range in age from infant to 90 years old and come to 317 Main from 40+ different towns in southern and central Maine. Focus areas for FY25 included continued growth of our programs, expanding our performance options, and utilizing our Founders Hall more efficiently. We continue to build "Little Roots" early childhood music education program for children ages of birth to 8 years old and our "Deep Roots" program for people aged 55 and older which includes group singing, ensembles, and dance programs. 317 Main also focused on creating more intimate learning opportunities in our free partnership program designed to bring music education and music enrichment opportunities to disadvantaged populations, as well as other individuals of all ages who otherwise would not have access to music. We do this by forging meaningful collaborations and partnerships with public and private schools, social service organizations that support underserved populations and senior citizen organizations. Our partnership program in FY25 grew its schedule that was maintained in FY24.

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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 $688,147
Program Service Revenue $1,401,315
Investment Income $10,902
Other Revenue $27,918
TOTAL REVENUE $2,128,282

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,518,063
Fundraising Expenses $268,540
Program Expenses $1,828,715
Other Expenses $823,161
TOTAL EXPENSES $2,341,224

Year-over-Year Comparison

2024 2023 Change
Revenue $2,128,282 $2,158,459 0.0%
Expenses $2,341,224 $2,130,003 +0.1%
Net Income $-212,942 $28,456 -8.5%
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
64
Volunteers
50

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
7
$113,178
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Shari Elder President 1.00
Officer Director
$0 $0 $0
Jennifer Shurman Vice Chair 1.00
Officer Director
$0 $0 $0
Ania Small Vice Chair 1.00
Officer Director
$0 $0 $0
Linda Libby Secretary 1.00
Officer Director
$0 $0 $0
Wickes Rossiter Treasurer 1.00
Officer Director
$0 $0 $0
Amanda Gale Director 1.00
Director
$0 $0 $0
Cassandra Baker Director 1.00
Director
$0 $0 $0
Dan Rosenthal Director 1.00
Director
$0 $0 $0
Hans Underdahl Director 1.00
Director
$0 $0 $0
Jeff Schwartz Director 1.00
Director
$0 $0 $0
Jefferey White Director 1.00
Director
$0 $0 $0
Jim Shaffer Director 1.00
Director
$0 $0 $0
Malaika Danovitz Director 1.00
Director
$0 $0 $0
Stephan Iris Director 1.00
Director
$0 $0 $0
Suzanne Martin Director 1.00
Director
$0 $0 $0
Thomas Feeley Director 1.00
Director
$0 $0 $0
Wendy Drexler Director 1.00
Director
$0 $0 $0
John Williams Executive Director 40.00
Officer
$101,909 $8,069 $109,978
Graeme Kennedy Executive Director 40.00
Officer
$3,200 $0 $3,200
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 $2,128,282 $2,341,224 $7,119,605 $-212,942
2024 $2,158,459 $2,130,003 $7,563,346 $28,456
2023 $1,354,223 $1,719,407 $7,444,993 $-365,184
2022 $2,504,376 $1,363,860 $6,185,964 $1,140,516
2021 $3,657,456 $1,156,698 $4,625,414 $2,500,758
2020 $1,605,115 $1,154,838 $2,329,819 $450,277
2019 $1,961,931 $1,083,296 $1,748,852 $878,635
2018 $1,054,897 $1,051,771 $899,961 $3,126
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