MAINE CENTER FOR ECONOMIC POLICY

AUGUSTA, ME, 04332-0437 (207) 622-7381 Est. 1994 EIN 22-3317572
V22— Social Science Form 990 501(c)(3)
207-622-7381

Mission

THE MAINE CENTER FOR ECONOMIC POLICY PROVIDES CITIZENS, POLICYMAKERS, ADVOCATES, AND MEDIA WITH CREDIBLE AND RIGOROUS ECONOMIC ANALYSIS THAT ADVANCES ECONOMIC JUSTICE AND PROSPERITY FOR ALL MAINE PEOPLE.

Giving Portfolio

Total Grants
10
Total Giving
$248K
Recipients
10
Years Active
2020 - 2024
Avg grant: $23,225 Median: $19,750

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20241$10K $10K10
20231$10K $10K01
20224$72K $18K22
20212$49K $25K02
20202$108K $54K20

Sectors Funded

Crime & Legal-Related
4
Human Services
2

Top States

Maine
10

Grantee Size Profile

$1M - $5M
8
$5M - $10M
1
Under $100K
1

Top Grantees

Grants Awarded · 10 grants

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Financials

Total Revenue
$1,684,804
Total Expenses
$1,361,597
Net Assets
$1,351,157
13 employees
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
11.9 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 32.4%
Expenses ↓ 9.2%
Revenue Sources
Contributions 97.8% Investment 2.2%
Expense Breakdown
Program 70.4% Management 17.2% Fundraising 12.4%

Officers & Trustees (10)

We treat individual compensation with extra care. Named amounts are on Grow plans.

Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 Form 990$1,684,804 $1,361,597$1,351,157
2023 Form 990$1,272,092 $1,499,772$1,027,950
2022 Form 990$1,144,593 $1,386,595$1,255,630
2021 Form 990$1,641,319 $1,163,682$1,497,632
2020 Form 990$1,253,370 $1,032,344$1,019,995
2018 Form 990$990,024 $1,047,375$599,611

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EIN: 22-3317572 · Source: IRS Form 990 e-file data