MEETINGHOUSE ARTS

EIN: 475194581 501(c)(3) Arts, Culture & Humanities

Freeport, ME

Total Revenue
$277,723
Total Expenses
$331,125
Total Assets
$723,711
Net Assets
$608,279
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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
ME
Principal Officer
Lynn Shaffer
Phone
2078650044
Tax Period
2024-01-01 to 2024-12-31

MEETINGHOUSE ARTS, founded in 2015, is a small nonprofit in the Arts, Culture & Humanities sector that reported $278K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $331K exceeded revenue, resulting in a 19% operating deficit.

Mission

The mission of Meetinghouse Arts is to cultivate Greater Freeport as a vibrant center for arts and culture by fostering creative collaboration, expanding access to arts and cultural assets, and amplifying the arts and culture as powerful tools to create, strengthen, and connect community.

Program Service Accomplishments

Program 1
Expenses: $45,000 Revenue: $0

In 2024 we increased our community involvement. In 2023 the National Endowment for the Arts awarded us an "Our Town" grant to help finance a project to capture a moment in time in Freeport, ME and in...

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In 2024 we increased our community involvement. In 2023 the National Endowment for the Arts awarded us an "Our Town" grant to help finance a project to capture a moment in time in Freeport, ME and in 2024 we accomplished the program. Our Town: A Community Self Portrait brought our community together to create a documentary snapshot of a moment in time in Freeport, photographing and writing about the people, places and activities that make our home town special. These visual and written stories were exhibited primarily at Meetinghouse Arts Gallery and Freeport Historical Society, where local citizens excitedly identified friends, neighbors, and places that have helped define their lives. The images, poems, essays, and musings have since graced the walls at Freeport Town Hall and are now hung in the Augusta State Capitol by the Maine Arts Commission. They'll move to other locations throughout town in the Fall and eventually be archived by the Freeport Historical Society. Community discussions of the project were convened at Meetinghouse Arts.

Program 2
Expenses: $38,000 Revenue: $55,000

Helping to fulfill our mission, we enhanced the Gallery side of Meetinghouse Arts to support and promote artists of all backgrounds and ages. The youth show featured over 40 school aged artists for...

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Helping to fulfill our mission, we enhanced the Gallery side of Meetinghouse Arts to support and promote artists of all backgrounds and ages. The youth show featured over 40 school aged artists for two weeks showing their works. We featured a combined show for artists with various challenges alongside our member artists. And we support the local artist community with nearly 100 members regularly participating.

Program 3
Expenses: $215,227 Revenue: $116,835

Meetinghouse Arts offers a variety of theatrical genres and culturally diverse performances and exhibits for both local and regional artists. These include classical musicians, jazz musicians, dance...

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Meetinghouse Arts offers a variety of theatrical genres and culturally diverse performances and exhibits for both local and regional artists. These include classical musicians, jazz musicians, dance, mime, spoken word artists, and improv comedy teams. We collaborated with other not-for-profit organizations to bring engaging lectures to our stage as well as musical performances. In 2024 we hosted over 40 performances with more than 4,000 audience members in total.

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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 $156,846
Program Service Revenue $116,835
Investment Income $4,042
Other Revenue $0
TOTAL REVENUE $277,723

Expense Breakdown

Grants Paid $0
Salaries & Benefits $107,004
Fundraising Expenses $10,747
Program Expenses $298,227
Other Expenses $224,121
TOTAL EXPENSES $331,125

Year-over-Year Comparison

2024 2023 Change
Revenue $277,723 $314,225 -0.1%
Expenses $331,125 $315,460 +0.0%
Net Income $-53,402 $-1,235 +42.2%
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
13
Independent Members
13
Employees
3
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
4
$0
Total Directors
11
$50,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Suzanne Watson Executive Director 40
Director
$50,000 $0 $50,000
Scott Miller Treasurer 5
Officer Director
$0 $0 $0
Kate Werner Vice President 10
Officer Director
$0 $0 $0
Lynn Shaffer President 20
Officer Director
$0 $0 $0
Randy Mraz Secretary 5
Officer Director
$0 $0 $0
Jamie Peloquin Director 10
Director
$0 $0 $0
Josie Gideon Director 5
Director
$0 $0 $0
Shari Broder Director 5
Director
$0 $0 $0
Sara Helman Director 5
Director
$0 $0 $0
Paige O'Donnell Director 5
Director
$0 $0 $0
Marcia Feller Director 5
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
2024 $277,723 $331,125 $723,711 $-53,402
2023 $314,225 $315,460 $662,640 $-1,235
2022 $307,625 $286,367 $663,957 $21,258
2021 $324,039 $168,042 $646,614 $155,997
2020 $539,511 $107,875 $493,641 $431,636
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