Overview
What is Maine College Of Art?
Maine College of Art, located at 522 Congress Street in Portland, Maine, is a private educational institution renowned for offering Bachelor and Master of Fine Arts degree programs to approximately 400 full-time students. The college specializes in fine arts education, and it boasts a Master of Art in Teaching program alongside a wide array of continuing studies classes for individuals of all ages. The college houses a publicly accessible gallery, the Institute of Contemporary Art, and employs a team of 345 individuals, dedicated to nurturing creativity and artistic growth in its students.
Official website here: www.meca.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating) from Charity Navigator.
Maine College of Art has achieved a commendable Four-Star rating from Charity Navigator, indicating a strong level of accountability and financial health. The score reflects exceptional performance in key areas, particularly in accountability and finance, which garnered a perfect score. The organization has demonstrated transparency and effective governance, with 100% of its board members being independent, and comprehensive policies in place for financial oversight.
The college’s financial management appears robust, with a significant program expense ratio of 75.78%, suggesting that a substantial portion of its resources is directed towards programs and services. The low liabilities to assets ratio of 31.81% signals a financially stable organization that is effectively managing its obligations. Additionally, practices such as documenting board meeting minutes, and having established policies for conflict of interest and whistleblower protection, further contribute to its strong governance framework.
While the data points to a well-managed organization, potential donors and supporters may wish to explore more about its specific programs and the impact of its initiatives in the community. Overall, Maine College of Art stands out for its commitment to accountability and financial integrity within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Maine College Of Art legitimate?
Maine College Of Art is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maine College Of Art submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $673,166
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,523,722
For more financial information, click here
Official website here: www.meca.edu
What is the mission statement of Maine College Of Art?
Maine College of Art is dedicated to delivering education in the realm of fine arts. As a private institution, it caters to around 400 full-time students, offering Bachelor and Master of Fine Arts degree programs. In addition, the college provides a Master of Art in Teaching program and a multitude of continuing studies classes for individuals of all ages. The institution goes beyond academics by also operating a publicly accessible gallery, the Institute of Contemporary Art. Its mission is to nurture artistic talent and provide a platform for creative expression and exploration.
Official website here: www.meca.edu
Who is the CEO of Maine College Of Art?
Elizabeth Elicker is the Chair of Maine College Of Art.
Official website here: www.meca.edu
What is the revenue of Maine College Of Art?
Maine College Of Art's revenue in 2022 was $29,282,337.
Official website here: www.meca.edu
Who are the executives of Maine College Of Art and what are their salaries?
The average compensation at Maine College Of Art during 2022 was $20,861. There are 345 employees and 19 volunteers at Maine College Of Art.
Here are 23 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $356,091
- Related: $0
- Other: $18,133
- Compensation: $173,754
- Related: $0
- Other: $17,618
- Compensation: $143,321
- Related: $0
- Other: $20,684
Official website here: www.meca.edu
Where can I find the form 990 for Maine College Of Art?
Maine College Of Art's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.meca.edu
Learn more at the official website: www.meca.edu
Mission Statement of Maine College Of Art
Maine College of Art, or MECA, is a private educational institution dedicated to the provision of fine arts education. With a primary focus on undergraduate and postgraduate degree programs, MECA welcomes approximately 400 full-time students pursuing their interests in various fine arts disciplines. In addition to degree programs, MECA extends its offerings to a wider audience through continuing studies classes designed for individuals of all ages.
At the heart of MECA's mission lies its commitment to fostering creativity and artistic growth. As a leading institution in fine arts education, MECA offers a comprehensive curriculum that provides students with both practical skills and theoretical knowledge. Through its rigorous academic programs, MECA empowers students to develop their artistic voices and build solid foundations for successful careers in the arts.
Moreover, MECA's dedication to the arts extends beyond its student body. The college's Institute of Contemporary Art serves as a publicly accessible platform for both emerging and established artists to showcase their work, promoting cultural enrichment and artistic dialogue within the community. By providing educational opportunities and encouraging the exploration of new artistic ideas, MECA continues to contribute significantly to the fine arts landscape.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Maine College of Art provides education in fine arts through its bachelor and master of fine arts degree programs, catering to around 400 full-time students. Additionally, the college offers a master of art in teaching program and various continuing studies classes for individuals of all ages. Their publicly accessible gallery, the Institute of Contemporary Art, further contributes to the cultural enrichment of the community. The impact of Maine College of Art lies in its dedication to fostering artistic talent and creativity within its students and the broader public, making significant contributions to the field of fine arts education.
This information is meant to be a general summary of Maine College Of Art. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $397,302
- Program Service Revenue: $21,751,888
- Gross Receipts: $29,819,944
Assets and Liabilities:
- Total Assets: $42,121,529
- Total Liabilities: $10,925,449
- Net Assets: $31,196,080
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$18,024,411
AUXILIARY INCOME
Revenue
$3,727,477
Organization Details
Founding Year
1882
Phone
(207) 699-5045Principal Officer
Elizabeth Elicker
Main Address
522 CONGRESS STREET, PORTLAND, ME, 04101
Website
www.meca.eduNTEE Category
Code: B420 - Education
If you are a representative of Maine College Of Art and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.