Maine Media College
- Assets
- $7.4m
- Revenue
- $3.1m
- Investments
- $1.2m
- Employees
- 43
- Location
- Rockport, ME
- Founding
- 07/2007
- Data as of
- 12/2021
- EIN
- 20-5933625
Organization Overview
Maine Media College, operating under the name Maine Media Workshops College, is located in Rockport, ME. The organization was established in 2007. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Maine Media Workshops College employed 43 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maine Media Workshops College is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Maine Media Workshops College generated $3.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $2.9m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MAINE MEDIA COLLEGE EDUCATES AND INSPIRES VISUAL ARTISTS AND STORYTELLERS TO ACHIEVE THEIR CREATIVE POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINE MEDIA WORKSHOPS & COLLEGE EDUCATES AND INSPIRES VISUAL ARTISTS AND STORYTELLERS TO ACHIEVE THEIR CREATIVE POTENTIAL. WE PROVIDE LIFELONG LEARNING OPPORTUNITIES FOR THOSE PURSUING THE FINE ARTS AND MEDIA-RELATED PROFESSIONS. WE ARE COMMITTED TO FOSTERING A DIVERSE COMMUNITY THAT VALUES CREATIVITY, RESPECTS CULTURE, AND SEEKS TO DEEPEN HUMAN UNDERSTANDING AND EXPAND COMMUNICATION IN THE WORLD.MAINE MEDIA OFFERS A MASTER OF FINE ARTS DEGREE, ONE YEAR CERTIFICATES IN VISUAL STORYTELLING AND COLLABORATIVE FILMMAKING AND MORE THAN 250 SHORT TERM WORKSHOPS AND MASTER CLASSES. WORKSHOPS ARE NOW OFFERED ON-CAMPUS AND ON-LINE.MAINE MEDIA COLLEGE HAS BEEN GRANTED CANDIDACY FOR ACCREDITATION STATUS BY THE NEW ENGLAND COMMISSION OF HIGHER EDUCATION (NECHE). CANDIDACY IS NOT ACCREDITATION, NOR DOES IT ASSURE EVENTUAL ACCREDITATION. CANDIDACY IS A FORMAL AFFILIATION WITH NECHE'S COMMISSION ON INSTITUTIONS OF HIGHER EDUCATION. IT INDICATES THAT THE INSTITUTION HAS ACHIEVED INITIAL RECOGNITION AND IS PROGRESSING TOWARD ACCREDITATION.IN ADDITION, THE SCHOOL HAD NEW OFFERINGS IN DIRECTING, DESIGN AND BOOK ARTS THAT SUCCESSFULLY ATTRACTED NEW ENROLLMENTS IN OUR WORKSHOPS.THE ARNOLD AND AUGUSTA NEWMAN FUND WAS ESTABLISHED IN 2020, FUNDED BY THE ARNOLD AND AUGUSTA NEWMAN FOUNDATION, TO SUPPORT THE $20,000 ANNUAL ARNOLD NEWMAN PRIZE FOR NEW DIRECTIONS IN PHOTOGRAPHIC PORTRAITURE , INCLUDING ALL COSTS FOR ADMINISTERING THE PRIZE, EXHIBITION AND AWARDS CEREMONY. THE FUND ADDITIONAL SUPPORTS ARNOLD NEWMAN SCHOLARSHIPS FOR YOUNG PHOTOGRAPHERS, CERTIFICATE AND MFA DEGREE STUDENTS, AND THE ARNOLD NEWMAN MASTER'S SERIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Mansfield President | OfficerTrustee | 40 | $130,743 |
Elizabeth Greenburg Provost | 40 | $128,234 | |
Cig Harvey Director | Trustee | 1 | $14,100 |
Sal Taylor Kydd Secretary | OfficerTrustee | 2 | $4,000 |
Sean Alonzo Harris Director | Trustee | 1 | $1,500 |
Nils Tcheyan Chair | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $207,002 |
| All other contributions, gifts, grants, and similar amounts not included above | $591,090 |
| Noncash contributions included in lines 1a–1f | $24,153 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $798,092 |
| Total Program Service Revenue | $2,086,626 |
| Investment income | $23,001 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $240,601 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $200 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,148,520 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $26,570 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $135,404 |
| Compensation of current officers, directors, key employees. | $67,702 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $982,329 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $105,417 |
| Payroll taxes | $90,464 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,745 |
| Fees for services: Accounting | $13,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,841 |
| Advertising and promotion | $97,386 |
| Office expenses | $33,513 |
| Information technology | $68,793 |
| Royalties | $0 |
| Occupancy | $163,275 |
| Travel | $40,270 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,085 |
| Interest | $70,192 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $247,375 |
| Insurance | $53,146 |
| All other expenses | $57,576 |
| Total functional expenses | $2,907,306 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $799,932 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $56,046 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $10,542 |
| Prepaid expenses and deferred charges | $19,198 |
| Net Land, buildings, and equipment | $4,134,841 |
| Investments—publicly traded securities | $1,168,095 |
| Investments—other securities | $1,240,362 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,429,016 |
| Accounts payable and accrued expenses | $118,066 |
| Grants payable | $0 |
| Deferred revenue | $523,093 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,590,845 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,232,004 |
| Net assets without donor restrictions | $3,288,628 |
| Net assets with donor restrictions | $1,908,384 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,429,016 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Maine Media College has recieved totaling $58,388.
| Awarding Organization | Amount |
|---|---|
American Endowment Foundation Hudson, OH PURPOSE: EDUCATIONAL | $25,500 |
The Seattle Foundation Seattle, WA PURPOSE: TO SUPPORT THE TRIDENT PROGRAM; TRIPOD SOCIETY SUPPORT | $10,000 |
Maine Community Foundation Inc Ellsworth, ME PURPOSE: Arts Education | $7,180 |
Associated Jewish Charities Of Baltimore Baltimore, MD PURPOSE: GENERAL SUPPORT | $7,000 |
Bertuzzi Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
Amica Companies Foundation Lincoln, RI PURPOSE: GENERAL PURPOSE | $3,182 |
Endowment Analysis
| Beg. Balance | $1,353,855 |
| Earnings | $83,878 |
| Grants | $7,820 |
| Ending Balance | $1,429,913 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Maine Media College Rockport, ME | $7,429,016 | $3,148,520 |
Storm Warriors International Camden, ME | $148,394 | $203,272 |
Maine Association Of Broadcasters Augusta, ME | $1,343,457 | $336,829 |
Cooperatives For A Better World Manchester, NH | $538,691 | $731,277 |
New Hampshire Association Of Broadcasters Inc Manchester, NH | $578,980 | $249,877 |
Maine Challenge Productions Damariscotta, ME | $23,170 | $0 |
Better World Libraries Biddeford, ME | $2,318,299 | $3,142 |