Quick charity verification for Bone Creek Art Museum (EIN: 208479913)
Verdict: Bone Creek Art Museum appears trustworthy
92/100Mission Score
$1.9MRevenue
$7.5MAssets
2Red Flags
5Strengths
Red Flags
Significant revenue volatility year-over-year, particularly the drop from $3.1M in 2022 to $1.2M in 2023, which could indicate reliance on large, infrequent donations or grants.
No reported officer compensation for an organization with over $7 million in assets, which, while positive for direct program spending, can sometimes indicate a lack of transparency if executive functions are compensated through other means not disclosed as officer compensation.
Strengths
Strong program spending efficiency due to 0% reported officer compensation.
Consistent and substantial asset growth, indicating excellent financial management and long-term stability.
Very low liabilities relative to assets, demonstrating a healthy balance sheet.
Expenses consistently well below revenue, allowing for asset accumulation and future program investment.
Demonstrated ability to attract significant funding, as evidenced by the $3.1 million revenue in 2022.
Spending Breakdown
How Bone Creek Art Museum allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Bone Creek Art Museum
Is Bone Creek Art Museum a legitimate charity?
Based on AI analysis of IRS 990 filings, Bone Creek Art Museum (EIN: 208479913) appears trustworthy. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.
Is Bone Creek Art Museum a good charity to donate to?
Bone Creek Art Museum has a Mission Score of 92/100. Revenue: $1.9M. Assets: $7.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bone Creek Art Museum?
The Employer Identification Number (EIN) for Bone Creek Art Museum is 208479913. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Bone Creek Art Museum spend its money?
Bone Creek Art Museum allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bone Creek Art Museum's tax-exempt status?
You can verify Bone Creek Art Museum's tax-exempt status using EIN 208479913 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Bone Creek Art Museum demonstrates a strong financial position with consistently growing assets, reaching $7,521,654 in its latest filing. The organization has shown significant revenue fluctuations, with a notable peak of $3,127,575 in 2022, followed by $1,228,790 in 2023. Despite these variations, expenses have generally remained well below revenue, indicating sound financial management and an ability to build reserves. The absence of reported officer compensation across all available filings suggests a high degree of transparency and a focus on mission-related spending, which is commendable for a nonprofit of its size and asset base. The organization's liabilities have remained very low relative to its assets, further reinforcing its financial stability.