MILBRIDGE, ME
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)GATEWAY MILBRIDGE, founded in 2015, is a small nonprofit in the Community Improvement sector that reported $177K in total revenue in fiscal year 2024. Revenue fell 36% from the prior year — a significant decline worth monitoring. Expenses of $216K exceeded revenue, resulting in a 22% operating deficit.
To assist with a downtown revitalization effort for Milbridge through a variety of community focused projects including an emphasis on reopening the Milbridge Theatre as a full service Theatre and Community Arts Center.
REBUILDING AND REOPENING THE MILBRIDGE THEATRE AS A MODERN, FULL SERVICE THEATRE AND COMMUNITY ARTS CENTER PROVIDING A FLEXIBLE VENUE AND COMMUNITY GATHERING SPACE FOR LIVE PERFORMANCES, MOVIES AND...
REBUILDING AND REOPENING THE MILBRIDGE THEATRE AS A MODERN, FULL SERVICE THEATRE AND COMMUNITY ARTS CENTER PROVIDING A FLEXIBLE VENUE AND COMMUNITY GATHERING SPACE FOR LIVE PERFORMANCES, MOVIES AND EDUCATIONAL PROGRAMMING. WE OPERATE A NEWLY CONSTRUCTED OUTDOOR STAGE ON THE STIRE OF THE THEATRE FEATURING MOVIES AND LIVE MUSIC PERFORMANCES FREE OF CHARGE TO THE PUBLIC, HAVE AN ONGOING DOWNTOWN BEAUTIFICATION PROJECT WHERE WE MANAGE 20 COMMERCIAL SIZE FLOWER PLANTERS ALONG OUR TOWNS MAIN STREET, ORGANIZE OUR COMMUNITYS ANNUAL HOLIDAYS ON MAIN STREET EVENT, AND ORGANIZE OUR TOWNS ANNUAL CIVIC CELEBRATION, MILBRIDGE DAYS. THESE ACTIVITIES SERVE A POPULATION OF 18,000 IN AN AREA FROM ELLSWORTH, MAINE TO LUBEC, MAINE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $177,252 | $276,725 | -0.4% |
| Expenses | $215,980 | $284,996 | -0.2% |
| Net Income | $-38,728 | $-8,271 | +3.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| John Paul Kucera | TRUSTEE | 002.00 |
Director
|
$0 | $0 | $0 |
| Josh Paul | TRUSTEE | 002.00 |
Director
|
$0 | $0 | $0 |
| Nicole Galante | TRUSTEE | 002.00 |
Director
|
$0 | $0 | $0 |
| Sarah Brown | TRUSTEE | 002.00 |
Director
|
$0 | $0 | $0 |
| Jan Rossi | CHAIRPERSON | 004.00 |
Officer
|
$0 | $0 | $0 |
| Dawn Marsh | TREASURER | 004.00 |
Officer
|
$0 | $0 | $0 |
| Kimberly Anne Laine | EXECUTIVE DIRECTOR | 020.00 |
Key Emp
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $177,252 | $215,980 | $1,010,673 | $-38,728 |
| 2024 | $276,725 | $284,996 | $1,053,643 | $-8,271 |
| 2023 | $229,038 | $38,714 | $1,111,566 | $190,324 |
| 2022 | $249,994 | $35,007 | $914,127 | $214,987 |
| 2021 | $210,906 | $12,143 | $699,996 | $198,763 |
| 2020 | $203,401 | $23,416 | $500,789 | $179,985 |
Compare GATEWAY MILBRIDGE with other nonprofits in Maine and across the country.