Charity Search / THE MAINE NARROW GAUGE RAILROAD AND INDUSTRIAL HERTIAGE TRUST
Science & Technology (U99) 990 on File

THE MAINE NARROW GAUGE RAILROAD AND INDUSTRIAL HERTIAGE TRUST

EIN: 01-0478004 · PORTLAND, ME 04103-1642 · United States · FY 2024 Data
3 out of 5 59 / 100 Based on one year of filings
Financial strength (30%) 93/100
Reliability (20%) 55/100
Effectiveness (25%) 85/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$1.8M
Total Revenue
$1.9M
Total Expenses
$1.7M
Net Assets
23
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 81.7%
Fundraising Efficiency N/A
Operating Reserve 10.99x
Liability-to-Asset 12.4%
Revenue Diversification 93.3%
Executive Compensation $98K
Compared with Peers
FY 2024
Compared with 333 similar organizations (United States, Science & Technology, $1M–$10M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
81.7% 83.7%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
13.4% 13.5%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
4.9% 0.0%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
11.0 mo 9.0 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
12.4% 14.5%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
93.3% 91.7%
P10P90
Below median
Surplus margin
Surplus as a share of revenue
-1.3% 1.4%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $1.8M $1.9M $1.7M 81.7% 23
2022 $1.2M $697K N/A 14
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Organization Details
EIN
01-0478004
State
ME
City
PORTLAND
ZIP
04103-1642
Classification
U99
Category
Science & Technology
Rating
3★
Coverage
B
Last Updated
Aug 2026
Form 990
On File
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