LIGHTS OUT ART GALLERY

EIN: 872533294 501(c)(3) Arts, Culture & Humanities

NORWAY, ME

Total Revenue
$333,597
Total Expenses
$485,261
Total Assets
$531,701
Net Assets
$289,220
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
ME
Principal Officer
AMY RAHN
Phone
2072270159
Tax Period
2025-01-01 to 2025-12-31

LIGHTS OUT ART GALLERY, founded in 2021, is a small nonprofit in the Arts, Culture & Humanities sector that reported $334K in total revenue in fiscal year 2025. Revenue fell 54% from the prior year — a significant decline worth monitoring. Expenses of $485K exceeded revenue, resulting in a 45% operating deficit.

Mission

THE PURPOSE OF THE CORPORATION IS TO EXPAND THE CREATIVE COMMUNITY BY BUILDING ON GOING CONVERSATIONS AROUND ART. THROUGH OUTREACH, SUBMISSIONS AND ENGAGEMENT WE ARE BUILDING A COMMUNITY OF ARTISTS FROM DIFFERENT BACKGROUNDS AND EXPERIENCES TO ILLUMINATE ART IN CONVERSATION.

Program Service Accomplishments

Program 1

WE ARE WORKING TO EXPAND THE CREATIVE COMMUNITY BY ONGOING CONVERSATIONS CENTERED ON ART THAT ARE SUPPORTIVE OF BOTH THE ARTIST AND THE VIEWER. THROUGH OUTREACH, SUBMISSIONS ANAD ENGAGEMENTS WE ARE...

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WE ARE WORKING TO EXPAND THE CREATIVE COMMUNITY BY ONGOING CONVERSATIONS CENTERED ON ART THAT ARE SUPPORTIVE OF BOTH THE ARTIST AND THE VIEWER. THROUGH OUTREACH, SUBMISSIONS ANAD ENGAGEMENTS WE ARE BUILDING A COMMUNITY OF ARTISTS FROM A VARIETY OF BACKGROUNDS AND EXPERIENCES TO ILLUMINATE ART IN CONVERSATION.

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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 (2025)

Revenue Breakdown

Contributions & Grants $330,403
Program Service Revenue $0
Investment Income $3,194
Other Revenue $0
TOTAL REVENUE $333,597

Expense Breakdown

Grants Paid $0
Salaries & Benefits $223,956
Fundraising Expenses $0
Program Expenses $485,261
Other Expenses $261,305
TOTAL EXPENSES $485,261

Year-over-Year Comparison

2025 2024 Change
Revenue $333,597 $720,892 -0.5%
Expenses $485,261 $491,709 0.0%
Net Income $-151,664 $229,183 -1.7%
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

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Governance

Voting Members
9
Independent Members
N/A
Employees
5
Volunteers
127

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
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMY RAHN PRESIDENT 10.00
Director
$0 $0 $0
PAMELA MOULTON VICE PRESIDE 5.00
Director
$0 $0 $0
BRANDON CLARK TREASURER / 5.00
Director
$0 $0 $0
JUDY SCHNEIDER BOARD MEMBER 5.00
Director
$0 $0 $0
BOB MARTIN ESQ BOARD MEMBER 2.00
Director
$0 $0 $0
KATHERINE LERMOND BOARD MEMBER 2.00
Director
$0 $0 $0
DANIELLA TRASK BOARD MEMBER 2.00
Director
$0 $0 $0
ROB MOSCHETTA BOARD MEMBER 2.00
Director
$0 $0 $0
IAN TRASK BOARD MEMBER 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 $333,597 $485,261 $531,701 $-151,664
2024 No data No data No data No data
2023 $268,104 $149,836 $428,418 $118,268
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