Hogfish Maine

EIN: 843984774 501(c)(3) Arts, Culture & Humanities

Cape Elizabeth, ME

Total Revenue
$340,928
Total Expenses
$375,461
Total Assets
$35,838
Net Assets
$35,838
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
ME
Principal Officer
Edwin Cahill
Phone
2072001339
Tax Period
2024-01-01 to 2024-12-31

Hogfish Maine, founded in 2019, is a small nonprofit in the Arts, Culture & Humanities sector that reported $341K in total revenue in fiscal year 2024. Revenue surged 43% from the prior year, signaling strong growth momentum. Expenses of $375K exceeded revenue, resulting in a 10% operating deficit.

Mission

Hogfish is a regenerative arts production company and artist residency at the historic Beckett Castle, surrounded by an internationally recognized rose garden on the coast of Maine. We are building an artistic sanctuary and body of work dedicated to restoring creative and physical health to individuals, our communities, and our earth. Hogfish believes that applying the principles of regenerative agriculture to the arts provides a unique opportunity to holistically restore every layer of the human experience. We are on a quest to build an artistic sanctuary and body of work to restore a healthier dynamic balance between our planet, the stories we tell, and the way we live.

Program Service Accomplishments

Program 1
Expenses: $301,307 Revenue: $60,417

Hogfish Maine's work consists of two core programs that are intrinsically connected: Regenerative Arts Residencies and Regenerative Works.Regenerative Arts Residencies: We are creating a holistic...

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Hogfish Maine's work consists of two core programs that are intrinsically connected: Regenerative Arts Residencies and Regenerative Works.Regenerative Arts Residencies: We are creating a holistic retreat for performing artists to connect with themselves, their community, and the land to regenerate their creative fire and change the world. We seek to empower and commission the next generation of diverse artistic voices across disciplines to tell stories that regenerate creative and physical health to their bodies, their communities, and their planet. The residency makes ample time for artists to connect to their own creative fire as well as the beautiful landscape of Maine. Each week will offer time for individual artists to work on their own projects in addition to group rehearsal, scenic walks in the glory of Maine nature in summer, time in the Beckett Castle rose garden and by the ocean, as well as company class in regenerative arts techniques including mindfulness, ecology, Alexander Technique, and more.Regenerative Works: Like our namesake Hogfish, we seek to balance forms of performance - creating both whole group and individual regenerative works. Artists-in-residence are cast to fulfill the needs of and devise together the summer's flagship production. Artists are also asked to bring a personal regenerative project that they will work on during their residency. Every effort will be made to pair artists-in-residence together for whom it would be mutually beneficial to work on each other's projects. These personal projects will be presented on our Farm to Stage series across Southern Maine with a chance for audience talk backs to help further develop your work.

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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 $280,511
Program Service Revenue $60,417
Investment Income $0
Other Revenue $0
TOTAL REVENUE $340,928

Expense Breakdown

Grants Paid $32,030
Salaries & Benefits $25,698
Fundraising Expenses $0
Program Expenses $301,307
Other Expenses $317,733
TOTAL EXPENSES $375,461

Year-over-Year Comparison

2024 2023 Change
Revenue $340,928 $238,056 +0.4%
Expenses $375,461 $295,738 +0.3%
Net Income $-34,533 $-57,682 -0.4%
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
3
Independent Members
3
Employees
N/A
Volunteers
27

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
3
$25,698
Total Directors
3
$22,128
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Edwin Cahill President/Treasurer 1.00
Officer Director
$0 $11,064 $11,064
Matthew Cahill Vice President 1.00
Officer Director
$0 $11,064 $11,064
Gavrila Brotz Director 1.00
Director
$0 $0 $0
Sarah Goodwin Executive Director 1.00
Officer
$0 $3,570 $3,570
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 $340,928 $375,461 $35,838 $-34,533
2023 $238,056 $295,738 $70,370 $-57,682
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