The Maine Center For Public Intere… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

MICAELA SCHWEITZER-BLUHM

Phone

2074660717

Tax Period

2024-01-01 to 2024-12-31

The Maine Center For Public Interest Reporting, founded in 2010, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.0M in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $890K left a modest 14% surplus.

Mission

TO DELIVER FEARLESS, INDEPENDENT, CITIZEN-SUPPORTED, NONPARTISAN JOURNALISM THAT INFORMS MAINERS ABOUT THE ISSUES IMPACTING OUR STATE AND INSPIRES THEM TO TAKE ACTION. THROUGH INVESTIGATIVE AND IN-DEPTH STORIES, WE ENGAGE READERS TO PARTICIPATE AND CONNECT.

Program Service Accomplishments

Program 1

Expenses: $689,726 Revenue: $20,523

THE MAINE CENTER FOR PUBLIC INTEREST REPORTING, THROUGH ITS PUBLICATION THE MAINE MONITOR, CONTINUED TO PRODUCE INVESTIGATIVE AND IN-DEPTH REPORTING OF INTEREST TO THE MAINE PUBLIC, INCLUDING ON...

THE MAINE CENTER FOR PUBLIC INTEREST REPORTING, THROUGH ITS PUBLICATION THE MAINE MONITOR, CONTINUED TO PRODUCE INVESTIGATIVE AND IN-DEPTH REPORTING OF INTEREST TO THE MAINE PUBLIC, INCLUDING ON GOVERNMENT ACCOUNTABILITY, EDUCATION, PUBLIC HEALTH, THE CLIMATE AND ENVIRONMENT, AND RURAL ISSUES AND PROVIDE IT FOR FREE TO THE PUBLIC AND TO OTHER NEWS ORGANIZATIONS.

Program 2

Expenses: $11,085 Revenue: $750

FUNCTIONED AS A FISCAL SPONSOR FOR THE MAINE'S BLACK FUTURE PODCAST PROJECT, A RECEPIENT OF A GRANT AWARDED BY THE MAINE INITIATIVES PROJECT. THE MAINES BLACK FUTURE PODCAST BOLDLY VISITS STORIES OF HISTORIC BLACK MAINERS AND THE LEGACIES THEY CARVED INTO THE STATE. THEN CONNECTS THIS LONGSTANDING HISTORY TO BLACK CHANGEMAKERS WEAVING MAINES BLACK FUTURE TODAY.

Program 3

Expenses: $854 Revenue: $45

FUNCTIONED AS A FISCAL SPONSOR FOR SACO BAY NEWS, AN INDEPENDENT NEWS SITE FOUNDED IN 2020 WITH A MISSION TO PROVIDE CURRENT, RELIABLE NEWS TO THE SOUTHERN MAINE COMMUNITIES OF SACO, OLD ORCHARD...

FUNCTIONED AS A FISCAL SPONSOR FOR SACO BAY NEWS, AN INDEPENDENT NEWS SITE FOUNDED IN 2020 WITH A MISSION TO PROVIDE CURRENT, RELIABLE NEWS TO THE SOUTHERN MAINE COMMUNITIES OF SACO, OLD ORCHARD BEACH AND BIDDEFORD.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,005,664

Program Service Revenue $20,523

Investment Income $12,760

Other Revenue $0

TOTAL REVENUE $1,038,947

Expense Breakdown

Grants Paid $11,940

Salaries & Benefits $707,567

Fundraising Expenses $126,132

Program Expenses $701,665

Other Expenses $161,275

TOTAL EXPENSES $889,890

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,038,947	$830,501	+0.3%
Expenses	$889,890	$679,527	+0.3%
Net Income	$149,057	$150,974	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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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$78,258

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICAELA SCHWEITZER-BLUHM	Executive Dir.	30.00	Officer	$78,258	$0	$78,258
JED DAVIS	President	2.00	Director	$0	$0	$0
PAT RICHARDSON	Treasurer	2.00	Director	$0	$0	$0
NICK MILLS	Director	2.00	Director	$0	$0	$0
CATHY LEE	Director	2.00	Director	$0	$0	$0
DOUG WARREN	Director	2.00	Director	$0	$0	$0
CONNIE SAGE CONNER	Director	2.00	Director	$0	$0	$0
NADIA SALIBA	Director	2.00	Director	$0	$0	$0
EMILY BARR	Director	2.00	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	No data	No data	No data	No data
2024	$1,038,947	$889,890	$762,582	$149,057
2023	$830,501	$679,527	$337,036	$150,974
2022	$561,912	$467,458	$167,851	$94,454
2021	$440,168	$488,253	$59,010	$-48,085
2020	$507,093	$418,033	$114,897	$89,060
2019	$221,030	$237,199	$22,445	$-16,169
2018	$198,918	$250,782	$34,204	$-51,864

The Maine Center For Public Interest Reporting