Maine Preservation FY2020 filing

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $300 a year.

How does your 990 look to donors? Take the 10-Question Audit

Downtown revitalization; neighborhood rehabilitation; saving landmark buildings, education and technical assistance.

501(c)(3) charity; gifts are tax-deductible.
68¢ of each $1 spent went to programs.
$102K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average deficit $20K a year · 4% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
68%
of spending
Fine: 68% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$102K
to officers and key staff · 25% of spending
Worth a look: pay to officers and key staff is 25% of spending; over 20%.
Pt VII · Sec A
4 mo
of spending, in cash
Plus $652K in investments, Pt X · Ln 11–13
Looks good: 4.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
11
named funders · $235K
Looks good: 11 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$85K
9% of total assets
Looks good: liabilities are 9% of assets; 50% or less.
Pt X · Ln 26
Independent board members
18
of 18 voting members
Looks good: 18 of 18 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$284K
Spent
$415K
To programs
68%
Net assets
$823K
By yearFY2020–FY2025
Revenue
$284K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$284K
FY2021$493K
FY2022$459K
FY2023$475K
FY2024$468K
FY2025$482K
Expenses
$415K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$415K
FY2021$460K
FY2022$501K
FY2023$472K
FY2024$491K
FY2025$442K
Net assets
$823K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$823K
FY2021$1.0M
FY2022$1.0M
FY2023$985K
FY2024$980K
FY2025$1.0M

From the FY2020 Form 990 (year ending March 2020) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1976.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

68 cents of each dollar spent went to programs.

Program services 68% · $281K Management & general 17% · $70K Fundraising 16% · $64K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

22 people listed on the 990; $102K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Executive Di
$102,300Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Past Preside
$0Pt VII · Sec A
$0Pt VII · Sec A

Tara Kelly’s $107K as Executive Di is at the 91st percentile of top reported officer pay among 2215 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Tara Kelly$107,039$110,001$110,001$59,231——
Gregory B Paxton Thru 621————$102,300—
Gregory B Paxton—————$102,300

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Maine Preservation executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Revitalizes downtowns, rehabilitates neighborhoods, and saves landmark buildings through education and assistance.

Questions for Maine Preservation

Tap to ask. Maine Preservation sees how many people are interested.

Your first name shows with your question. Maine Preservation answers here, for everyone.

3 programs · $138K · in their own filed words · FY2019
01

Maine preservation provides field services offered assistance to 150 projects for communities, nonprofits and individuals to help preserve historic buildings. Field service advisors visited communities and landmark properties to advise building stewards on next steps toward rehabilitating historic structures in maine.

$62Kprogram expense
02

Protect and Sell Program

Maine preservations's protect and sell program assists in the sale of historic buildings to new owners who agree to preserve and rehabilitate them subject to perpetual historic preservation easements. Additional easements are donated to the organization.

$50Kprogram expense
03

State Historic Tax Credits

Maine preservation works with entities seeking to use the state historic tax credit, is a partner in 5 projects, and receives and disburses the credit to eligible entities.

$25Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 11 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$284K
Ln 12
Gifts and grantsLn 1h$254K
Fees for servicesLn 2g$35K
Investment incomeLn 3$11K
Money outPt IX
$415K
Ln 25
Programscol B$281K
Managementcol C$70K
Fundraisingcol D$64K
Owns and owesPt X
$823K
net assets · Ln 32
Cash and savingsLn 1–2$153K
Total assetsLn 16$908K
LiabilitiesLn 26$85K
PeoplePt VI, VII
22
listed · VII A
PaidVII A1
Voting boardVI 1a18
IndependentVI 1b18
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$254K
Fundraising eventsLn 1c$80K
Fees for servicesLn 2g$35K
Investment incomeLn 3$11K
Total revenueLn 12$284K
Assets in detailPt X, end of year
CashLn 1$54K
SavingsLn 2$99K
Cash and savings togetherLn 1–2$153K
Pledges and grants receivableLn 3$70K
Accounts receivableLn 4$7K
Inventories for sale or useLn 8$13K
Prepaid expenses and deferred chargesLn 9$3K
InvestmentsLn 11–13$652K
Other assetsLn 15$9K
Total assetsLn 16$908K
LiabilitiesLn 26$85K
Net assetsLn 32$823K
OperationsPt I, VI
EmployeesI 511
VolunteersI 652
Fiscal year endsHeaderMarch
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$246K$153K
InvestmentsLn 11–13$717K$652K
Total assetsLn 16$997K$908K
LiabilitiesLn 26$7K$85K
Net assetsLn 32$990K$823K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$106K$60K$26K$21K
Other salaries and wagesLn 7$167K$123K$19K$25K
Other employee benefitsLn 9$23K$16K$3K$4K
Payroll taxesLn 10$25K$17K$4K$4K
Accounting feesLn 11c$9K$9K
Investment management feesLn 11f$11K$11K
Other fees for servicesLn 11g$10K$9K$1K
Advertising and promotionLn 12$165$165
Office expensesLn 13$11K$7K$2K$2K
Information technologyLn 14$13K$9K$2K$2K
OccupancyLn 16$20K$13K$3K$3K
TravelLn 17$12K$12K
Depreciation, depletion and amortizationLn 22$1K$866$207$220
InsuranceLn 23$2K$1K$262$279
Other expenses (24a–d)Ln 24$3K$1K$2K
Total functional expensesLn 25$415K$281K$70K$64K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Aug 7, 2025 $482K$442K$40K$1.0M 990 PDF
FY2024Filed with the IRS Jul 25, 2024 $468K$491K−$23K$980K 990 PDF
FY2023Filed with the IRS Oct 6, 2023 $475K$472K$3K$985K 990 PDF
FY2022Filed with the IRS Oct 21, 2022 $459K$501K−$41K$1.0M 990 PDF
FY2021Filed with the IRS Aug 3, 2021 $493K$460K$33K$1.0M 990 PDF
FY2020 ViewingFiled with the IRS Feb 11, 2021 $284K$415K−$131K$823K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $284,165 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $451,650$254,329
I-9 Program service revenuePrior year $98,008$35,139
I-10 Investment incomePrior year $13,155$10,693
I-11 Other revenuePrior year −$23,324−$15,996
I-12 Total revenuePrior year $539,489$284,165
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $323,279$321,478
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $94,506$93,271
I-18 Total expensesPrior year $417,785$414,749
I-19 Revenue less expensesPrior year $121,704−$130,584
Part VI · Governance 18 of 18 board members independent, 2 to look at
VI-1a Voting members of the governing body18
VI-1b Independent voting members18
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $284,165 across 8 lines filed
Lines not itemized here account for $669 of total revenue; see the IRS return.
VIII-1b Membership dues$25,155
VIII-1c Fundraising events$79,967
VIII-1f All other contributions, gifts and grants$149,207
VIII-1h Total contributions, gifts and grants$254,329
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $35,139$35,139
VIII-3 Investment incomeExcluded from tax $10,693$10,693
VIII-8 Net income from fundraising eventsExcluded from tax −$16,665−$16,665
VIII-12 Total revenueRelated to mission $35,808 · Excluded from tax −$5,972$284,165
Part IX · Statement of functional expenses $414,749 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $59,576 · Management $25,532 · Fundraising $21,277$106,385
IX-7 Other salaries and wagesPrograms $122,983 · Management $19,281 · Fundraising $25,234$167,498
IX-9 Other employee benefitsPrograms $15,941 · Management $2,866 · Fundraising $3,706$22,513
IX-10 Payroll taxesPrograms $16,804 · Management $4,063 · Fundraising $4,215$25,082
IX-11c Accounting feesManagement $9,313$9,313
IX-11f Investment management feesPrograms $10,956$10,956
IX-11g Other fees for servicesPrograms $9,360 · Management $1,095$10,455
IX-12 Advertising and promotionPrograms $165$165
IX-13 Office expensesPrograms $7,254 · Management $1,732 · Fundraising $1,841$10,827
IX-14 Information technologyPrograms $8,728 · Management $2,084 · Fundraising $2,214$13,026
IX-16 OccupancyPrograms $13,335 · Management $3,184 · Fundraising $3,383$19,902
IX-17 TravelPrograms $12,463$12,463
IX-22 Depreciation, depletion and amortizationPrograms $866 · Management $207 · Fundraising $220$1,293
IX-23 InsurancePrograms $1,098 · Management $262 · Fundraising $279$1,639
IX-24 Other expenses (24a–d)Programs $1,176 · Fundraising $2,056$3,232
IX-25 Total functional expensesPrograms $280,705 · Management $69,619 · Fundraising $64,425$414,749
Part X · Balance sheet $907,832 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $78,222$54,173
X-2 Savings and temporary cash investmentsStart of year $167,922$98,710
X-3 Pledges and grants receivable$69,890
X-4 Accounts receivableStart of year $19,038$7,188
X-8 Inventories for sale or useStart of year $12,491$13,309
X-9 Prepaid expenses and deferred chargesStart of year $636$2,977
X-11 Publicly traded securitiesStart of year $717,210$652,205
X-15 Other assets$9,380
X-16 Total assetsStart of year $996,813$907,832
X-17 Accounts payable and accrued expensesStart of year $6,884$14,932
X-19 Deferred revenue$69,890
X-26 Total liabilitiesStart of year $6,884$84,822
X-27 Net assets without donor restrictionsStart of year $272,719$170,805
X-28 Net assets with donor restrictionsStart of year $717,210$652,205
X-32 Total net assets or fund balancesStart of year $989,929$823,010
X-33 Total liabilities and net assetsStart of year $996,813$907,832
Part XI · Reconciliation of net assets $823,010 net assets at year end
XI-1 Total revenue$284,165
XI-2 Total expenses$414,749
XI-3 Revenue less expenses−$130,584
XI-4 Net assets at start of year$989,929
XI-5 Net unrealized gains (losses) on investments−$36,335
XI-10 Net assets at end of year$823,010

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.