Waterville Creates
Public records show a registered, tax-exempt organization in good standing.
What it says it does
ARTS EXPERIENCES FOR ALL.
- Income
- $4.4 million
- Spending
- $5.0 million
- Spent on programs
- 78%
- Reserves
- -0.3 months of spending
- Largest source of income
- donations and private grants, 58%
- Employees
- 59
- Volunteers
- 200
- Highest pay
- $209,461, president &
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 44 out of 100. Higher than 14% of charities in its peer group (arts and culture, $1m to $10m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
10 of 20It owes 34% of what it owns.
Living within its means
4 of 15Spending exceeded income by 13% of income.
Income trend
15 of 15Income rose 9% on the year before.
Spending floor
15 of 1578% of spending went to programs and raising each dollar of donations cost 6 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 65% of charities in its peer group (arts and culture, $1m to $10m).
Independent board
25 of 2510 of 11 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $1.3 million spent. TO ENHANCE THE CREATIVE AND ARTISTIC VITALITY OF OUR COMMUNITY THROUGH OUTSTANDING ARTS EDUCATION AND EXHIBITIONS AND COLLABORATIVE EVENTS AND PROGRAMS. TICONIC GALLERY + STUDIOS INCLUDES A VERSATILE EXHIBITION SPACE THAT PRESENTS 4-5 SHOWS PER YEAR, A DEDICATED CLAY STUDIO THAT OFFERS A RANGE OF CLASSES AS WELL AS AN OPEN MEMBERSHIP PROGRAM, AND A CLASSROOM THAT HOSTS YEAR-ROUND ARTS EDUCATION PROGRAMS FOR YOUTH AND ADULTS. IN 2024, TICONIC GALLERY PRESENTED FIVE EXHIBITIONS: 45,000 QUILT PROJECT; YOUTH ART MONTH; TOGETHER: HEARING, HOLDING, HEALING; AT PLAY: WORKS BY TOM JESSEN; AND THE HOLIDAY BAZAAR.
- $1.8 million spent. TO ENHANCE QUALITY OF LIFE AND BUILD COMMUNITY THROUGH THE PERFORMING ARTS. THE 810-SEAT WATERVILLE OPERA HOUSE PRESENTS LIVE THEATRE, DANCE, CONCERTS, AND EDUCATIONAL PROGRAMMING FOR AUDIENCES OF ALL AGES. IN 2023, THE WATERVILLE OPERA HOUSE (WOH) PRODUCED FOUR PLAYS, INCLUDING DRINKING HABITS, HEAD OVER HEELS, MISS HOLMES RETURNS, AND THE SPONGEBOB MUSICAL. IN ADDITION, WOH HOSTED 4 SCHOOL SHOWS, 3 WEEKS OF THEATRE CAMP, AND 35 LIVE PERFORMANCES, INCLUDING TIG NOTARO, CHISTOPHER CROSS, PRESERVATION HALL JAZZ BAND, CIRQUE KALABANTE, AND ELVIS COSTELLO.
- $716,127 spent. TO EDUCATE, ENTERTAIN, AND BUILD COMMUNITY THROUGH FILM. CELEBRATING THE ART OF CINEMA AND INSPIRING A LOVE FOR FILM, THE MAINE FILM CENTER (MFC) OFFERS DAILY SCREENINGS OF FIRST-RUN ART HOUSE FILMS, HOSTS NUMEROUS SPECIAL SCREENINGS AND COMMUNITY EVENTS, INCLUDING FREE SCREENINGS FOR LOCAL SCHOOLS, AND PRESENTS THE 10-DAY MAINE INTERNATIONAL FILM FESTIVAL (MIFF) IN JULY. IN 2024, MFC SCREEN 388 INDIVIDUAL FILMS ACROSS 3,500 SHOWTIMES.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 1997.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.