Maine · Nonprofit
THE THIRD PLACE INC
THE THIRD PLACE INC (Maine) receives grants from 6 organizations whose IRS filings report $343,553 to it, the largest being MAINE INITIATIVESINC ($167,143). 3 of them have funded it in more than one year, and 55% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $87k
- Funders on record
- 6
- Grants received
- $344k
- Net assets
- $56k
What The Third Place Inc does
Mission
The third place strengthens maine's social, cultural, and economic infrastructure by connecting black professionals, students, entrepreneurs, and community members to opportunities for networking, mentorship, leadership development, and cross-sector collaboration. Through convenings, partnerships, and community-driven programming, the third place builds the relationships and systems necessary to support belonging, economic mobility, and the long-term recruitment and retention of black talent in maine. The third place is a cross sector network that connects maine's black professionals, students, and entrepreneurs to social, career and economic opportunities.
As stated on its FY2025 Form 990-EZ.
Program
Running programs at the coworking space designed to build community capacity through collective work and cooperative economics for enterpreneurs, community leaders, and professionals of african descent.
$88,056 spent100% of program spending
The program described on its FY2025 Form 990-EZ. Program spending in total: $88,056.
The organization over time
Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $11k to $72k (+538%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
88% of THE THIRD PLACE INC’s revenue is contributions — more donation-reliant than the typical peer (77% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 6 reported years ran a deficit.
Leadership and staff
Board chair
Florence Edwards
Chairperson
As listed on its FY2025 Form 990-EZ.
Who funds it, year by year
2020 → 2023: the base broadened from 1 funder to 5 funders, grant income rose $17k → $197k.
2 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 55% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of THE THIRD PLACE INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
THE THIRD PLACE INC leans on a few funders — its largest provides 49% of grant income and the top three 82%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
69% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE THIRD PLACE INC.
Largest funder’s share by year: 2020 100% · 2021 100% · 2022 74% · 2023 53% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
55% of THE THIRD PLACE INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $153k that is directly attributable, 100% of it comes from Maine funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $190k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
THE THIRD PLACE INC has grown faster than three-quarters of the 6,328 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 6,328 community improvement nonprofits under $100k, FY2025
Organizations like THE THIRD PLACE INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Maine
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for THE THIRD PLACE INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds THE THIRD PLACE INC?
- THE THIRD PLACE INC (Maine) receives grants from 6 organizations whose IRS filings report $343,553 to it, the largest being MAINE INITIATIVESINC ($167,143). 3 of them have funded it in more than one year, and 55% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does THE THIRD PLACE INC have?
- IRS filings report 6 organizations giving $343,553 in grants to THE THIRD PLACE INC, 3 of which have funded it in more than one year.
- Who is the largest funder of THE THIRD PLACE INC?
- MAINE INITIATIVESINC is the largest funder on record, with $167,143 in grants. The full list of funders is on this page.
- How can an organization like THE THIRD PLACE INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Maine. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Third Place →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing