Maine Media College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,178,126 | 3,464,705 | −286,579 | 8.4 | 28% |
| 2012 | 3,383,893 | 3,355,671 | 28,222 | 8.8 | 29% |
| 2013 | 3,551,681 | 3,525,423 | 26,258 | 8.5 | 30% |
| 2014 | 3,693,948 | 3,615,052 | 78,896 | 8.5 | 29% |
| 2015 | 4,431,290 | 3,736,764 | 694,526 | 10.5 | 29% |
| 2016 | 3,594,763 | 3,601,641 | −6,878 | 10.9 | 31% |
| 2017 | 4,044,395 | 3,660,161 | 384,234 | 12.1 | 32% |
| 2018 | 3,669,439 | 3,652,892 | 16,547 | 12.1 | 32% |
| 2019 | 4,056,075 | 3,848,030 | 208,045 | 12.3 | 33% |
| 2020 | 3,267,170 | 2,543,809 | 723,361 | 22.6 | 39% |
| 2021 | 3,148,520 | 2,907,306 | 241,214 | 21.5 | 38% |
| 2022 | 3,411,239 | 3,508,729 | −97,490 | 16.4 | 40% |
| 2023 | 3,384,658 | 3,960,694 | −576,036 | 13.6 | 40% |
In its most recent public year (2023), this organization spent $576,036 more than it brought in. Its reserves stood at about 13.6 months of spending, up from 8.4 in 2011. Staff pay was 40% of spending. $1,882,533 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Maine Media College's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works