Maine Public Broadcasting Corporation (EIN 223171529) - 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

1992

Legal Domicile

Principal Officer

Richard W Schneider

Phone

2077839101

Tax Period

2024-07-01 to 2025-06-30

Maine Public Broadcasting Corporation, founded in 1992, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $29.5M in total revenue in fiscal year 2024. Revenue surged 20% from the prior year, signaling strong growth momentum. The organization ran a surplus of $7.5M, a strong 25% operating margin.

Mission

Maine Public is Maine's premier, independent media resource serving the entirety of Maine, dedicated to creating exceptional opportunities for the communities it serves to engage with critical issues, compelling stories, and quality entertainment. Formed in 1992, Maine Public is an independently owned and operated nonprofit organization. Maine Public has administrative offices and production facilities for television, radio and web services in Lewiston, Bangor, Augusta, and Portland. The station's transmitters and translators, located throughout the state, deliver programs to nearly all of Maine's citizens.

🔒

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 $27,441,345

Program Service Revenue $33,300

Investment Income $590,890

Other Revenue $1,436,329

TOTAL REVENUE $29,501,864

Expense Breakdown

Grants Paid $0

Salaries & Benefits $11,119,114

Fundraising Expenses $4,909,132

Program Expenses $14,391,554

Other Expenses $10,751,255

TOTAL EXPENSES $21,982,987

Year-over-Year Comparison

	2024	2023	Change
Revenue	$29,501,864	$24,565,098	+0.2%
Expenses	$21,982,987	$19,641,256	+0.1%
Net Income	$7,518,877	$4,923,842	+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

Governance

Voting Members

Independent Members

Employees

126

Volunteers

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

$596,201

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Adam Lee	Chair	1.00	Officer Director	$0	$0	$0
Susan Onion	Vice Chair	1.00	Officer Director	$0	$0	$0
Peter Handy	Treasurer	1.00	Officer Director	$0	$0	$0
Melissa LaCasse	Secretary	1.00	Officer Director	$0	$0	$0
Marion Freeman	Immediate Past Chair	1.00	Officer Director	$0	$0	$0
Tarlan Ahmadov	Trustee	1.00	Director	$0	$0	$0
Bill Burgess	Trustee	1.00	Director	$0	$0	$0
Janet Campagna	Trustee	1.00	Director	$0	$0	$0
Lee Cotton	Trustee	1.00	Director	$0	$0	$0
Dr Joan Ferrini-Mundy	Trustee	1.00	Director	$0	$0	$0
Joan Fortin	Trustee	1.00	Director	$0	$0	$0
Vicki Goldstein	Trustee	1.00	Director	$0	$0	$0
Dennis Haarsager	Trustee	1.00	Director	$0	$0	$0
Michelle Vasquez Jacobus	Trustee	1.00	Director	$0	$0	$0
Phyllis Jalbert	Trustee	1.00	Director	$0	$0	$0
Dr Ed Liu	Trustee	1.00	Director	$0	$0	$0
Bob Mongtomery-Rice	Trustee	1.00	Director	$0	$0	$0
Christopher Newell	Trustee	1.00	Director	$0	$0	$0
Thomas Platz	Trustee	1.00	Director	$0	$0	$0
Jan Paul JP Zonnenberg	Trustee	1.00	Director	$0	$0	$0
George Silverman	Past Trustee	1.00	Director	$0	$0	$0
Richard Schneider	President & CEO	40.00	Officer	$276,744	$36,862	$313,606
Jeff Mahaney	Chief Tech Officer	40.00	Officer	$128,894	$19,078	$147,972
Michael Breton	CFO	40.00	Officer	$120,466	$14,157	$134,623
Susan Tran	Chief Programming Officer	40.00	Highest	$118,628	$26,028	$144,656
Scott Marchildon	VP & Chief Development Officer	40.00	Highest	$155,937	$13,861	$169,798
Cory Morrissey	Marketing & Communications Director	40.00	Highest	$115,514	$23,789	$139,303
Lou Demers	Underwriting Sales Representative	40.00	Highest	$128,215	$16,786	$145,001
Mark Simpson	News Director	40.00	Highest	$112,584	$21,326	$133,910

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	$29,501,864	$21,982,987	$67,314,197	$7,518,877
2024	$24,565,098	$19,641,256	$57,920,336	$4,923,842
2023	$23,575,872	$17,819,099	$52,245,478	$5,756,773
2022	$28,024,682	$16,946,268	$44,284,020	$11,078,414
2021	$23,482,915	$15,751,586	$34,641,801	$7,731,329
2020	$17,558,660	$15,419,688	$25,991,874	$2,138,972
2019	$17,099,798	$15,141,618	$22,466,847	$1,958,180
2018	$13,819,420	$14,628,436	$20,521,924	$-809,016

Maine Public Broadcasting Corporation