MAYO STREET ARTS

EIN: 271461543 501(c)(3) Human Services

PORTLAND, ME

Total Revenue
$368,102
Total Expenses
$393,053
Total Assets
$573,303
Net Assets
$559,192
🔒

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
2009
Legal Domicile
ME
Principal Officer
IAN BANNON
Phone
2078794629
Tax Period
2025-01-01 to 2025-12-31

MAYO STREET ARTS, founded in 2009, is a small nonprofit in the Human Services sector that reported $368K in total revenue in fiscal year 2025. Revenue fell 28% from the prior year — a significant decline worth monitoring.

Mission

MAYO STREET ARTS STRIVES TO STRENGTHEN ITS NEIGHBORHOOD AND COMMUNITY BY PROVIDING A HAVEN FOR THE ARTS THAT IS VIBRANT, SAFE, AND INSPIRING; AND TO ENGAGE AREA YOUTHS OF DIVERSE CULTURAL COMMUNITIES IN ROBUST PARTICIPATION IN THE VISUAL, PERFORMING, AND LITERARY ARTS.

Program Service Accomplishments

Program 1
Expenses: $226,261 Revenue: $140,305

MANY INDIVIDUALS INTERACT AT MSA AND FEEL A SENSE OF OWNERSHIP, INCLUDING THESE THREE PRIMARY GROUPS: KENNEDY PARK YOUTH: MSA'S AFTER SCHOOL CLASSES, SCHOOL PERFORMANCES, AND SUMMER CAMP ARE ROOTED...

Read more

MANY INDIVIDUALS INTERACT AT MSA AND FEEL A SENSE OF OWNERSHIP, INCLUDING THESE THREE PRIMARY GROUPS: KENNEDY PARK YOUTH: MSA'S AFTER SCHOOL CLASSES, SCHOOL PERFORMANCES, AND SUMMER CAMP ARE ROOTED IN A TRAUMA-INFORMED APPROACH. STAFF MEMBERS AND TEACHING ARTISTS ARE PROVIDED WITH ACES TRAINING TO ENSURE A SAFE ENVIRONMENT FOR STUDENTS TO LEARN HEALTHY COPING SKILLS. STUDIES HAVE SHOWN THAT JUST ONE CONSISTENT RELATIONSHIP WITH A CARING ADULT CAN ACT AS A POWERFUL BULWARK AGAINST TRAUMAS WHICH MAY OTHERWISE LEAD TO CRIPPLING OUTCOMES LIKE LOWER LIFE EXPECTANCY AND INCREASED CHANCES OF INCARCERATION, TEENAGE PREGNANCY, AND SUBSTANCE ABUSE. TRADITIONAL ARTISTS: WE PRESENT A BROAD ARRAY OF PROGRAMMING, INCLUDING AN INTERNATIONAL OPEN MIC AND AN INTERNATIONAL HERITAGE SERIES CELEBRATING REGIONAL MUSIC AND DANCE TRADITIONS. ARTISTS SELECTED FOR THESE SERIES EMBRACE FOLK AND HERITAGE FORMS, OFTEN EMPLOYING UNIQUE INSTRUMENTS SUCH AS THE KORA, NYCKELHARPA, AND HURDY GURDY. MSA FACILITATES THE TRADITIONAL ARTS NETWORK (TAN) IN COLLABORATION WITH CULTURAL RESOURCES. TAN IS A CONSORTIUM OF TRADITIONAL ARTISTS WHO WISH TO PRESERVE AND SHARE THEIR ARTISTIC AND CULTURAL PRACTICES. TAN IS BUILT AROUND THREE PRINCIPAL PROGRAMS: ARTIST GATHERINGS, MICROGRANTS, AND APPRENTICESHIPS. WE CURATE OPPORTUNITIES FOR THESE MASTER ARTISTS TO LEARN ABOUT WAYS IN WHICH THEY CAN PASS ALONG THOSE TRADITIONS, EARN INCOME, AND SHARE THEIR CULTURE WITH THE GREATER COMMUNITY. PUPPETEERS: OUR LOCAL PUPPETRY COMMUNITY IS SERVED WITH MONTHLY PUPPET SHOWS AND WORKSHOPS; AN AFFINITY GROUP; SEMI-ANNUAL PUPPET SLAMS FOR EXPERIMENTAL, ADULT, AND SHORT-FORM WORKS; AND A BIANNUAL CITY-WIDE FESTIVAL OF INTERNATIONAL PUPPETRY. THIS IS A PRIME EXAMPLE OF OUR SEAT-TO-STAGE MODEL OF ENGAGEMENT: PROVIDING WORLD-CLASS EXAMPLES OF A PERFORMANCE MODALITY, HANDS-ON OPPORTUNITIES TO LEARN FROM VISITING ARTISTS AT AFFORDABLE WORKSHOPS, AND LOW-BARRIER OPPORTUNITIES TO PERFORM IN FRONT OF AN AUDIENCE AT OUR PUPPET SLAMS.

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $227,660
Program Service Revenue $132,501
Investment Income $137
Other Revenue $7,804
TOTAL REVENUE $368,102

Expense Breakdown

Grants Paid $0
Salaries & Benefits $214,836
Fundraising Expenses $98,081
Program Expenses $226,261
Other Expenses $178,217
TOTAL EXPENSES $393,053

Year-over-Year Comparison

2025 2024 Change
Revenue $368,102 $509,201 -0.3%
Expenses $393,053 $474,096 -0.2%
Net Income $-24,951 $35,105 -1.7%
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
11
Independent Members
11
Employees
9
Volunteers
30

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
0
$0
Total Directors
12
$75,485
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
IAN BANNON EXECUTIVE DIRECTOR 39.07
Director
$66,801 $8,684 $75,485
DR DOROTHEA IVEY SECRETARY 1
Director
$0 $0 $0
RANDY FERRELL BOARD CHAIR 1
Director
$0 $0 $0
WILL PRATT TREASURER 1
Director
$0 $0 $0
ALEXUS BOND VICE CHAIR 1
Director
$0 $0 $0
YVES KARUBU BOARD MEMBER 0.00
Director
$0 $0 $0
TROY MOON BOARD MEMBER 1
Director
$0 $0 $0
KATHLEEN MUNDELL BOARD MEMBER 1
Director
$0 $0 $0
CHERIE WENDELKEN BOARD MEMBER 1
Director
$0 $0 $0
SHULTZIE FAY WILLOWS BOARD MEMBER 1
Director
$0 $0 $0
NICOLE MAILLOUS BOARD MEMBER 1
Director
$0 $0 $0
TEYONDA HALL BOARD MEMBER 1
Director
$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
2025 $368,102 $393,053 $573,303 $-24,951
2024 $509,201 $474,096 $658,699 $35,105
2023 $395,724 $452,905 $559,923 $-57,181
2022 $470,428 $556,237 $609,485 $-85,809
2021 $498,911 $303,616 $727,891 $195,295
2020 $308,432 $224,350 $505,587 $84,082
2019 $270,253 $226,180 $416,860 $44,073
2018 $264,982 $224,778 $372,545 $40,204
Explore More Nonprofits
Top 100 Nonprofits in Maine Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare MAYO STREET ARTS with other nonprofits in Maine and across the country.