Quick charity verification for Carriage Museum Of America (EIN: 10356732)
Verdict: Carriage Museum Of America shows mixed signals
45/100Mission Score
$331KRevenue
$977KAssets
4Red Flags
2Strengths
Red Flags
Significant and recurring operating deficits, notably $321,102 in 202312.
Substantial decline in total assets from $1,537,659 in 202112 to $977,192 in 202312.
Highly volatile revenue streams, making financial planning challenging.
Expenses in 202312 ($387,517) are disproportionately high compared to revenue ($66,415).
Strengths
Consistent reporting of 0% officer compensation, indicating efficient use of funds at the executive level.
Long filing history (14 filings) suggests a commitment to transparency over time.
Spending Breakdown
How Carriage Museum Of America allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Carriage Museum Of America
Is Carriage Museum Of America a legitimate charity?
Based on AI analysis of IRS 990 filings, Carriage Museum Of America (EIN: 10356732) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
Is Carriage Museum Of America a good charity to donate to?
Carriage Museum Of America has a Mission Score of 45/100. Revenue: $331K. Assets: $977K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Carriage Museum Of America?
The Employer Identification Number (EIN) for Carriage Museum Of America is 10356732. 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 Carriage Museum Of America spend its money?
Carriage Museum Of America allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Carriage Museum Of America's tax-exempt status?
You can verify Carriage Museum Of America's tax-exempt status using EIN 10356732 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
The Carriage Museum Of America exhibits significant financial volatility and appears to be facing sustainability challenges. In the most recent filing (202312), the organization reported revenue of $66,415 against expenses of $387,517, resulting in a substantial deficit. This follows a trend of inconsistent revenue, with a notable peak of $343,806 in 201912, but generally much lower figures in other years. The organization's assets have also seen a considerable decline, from $1,537,659 in 202112 to $977,192 in 202312, indicating a depletion of reserves.
While the organization consistently reports 0% officer compensation, which suggests good stewardship in that area, the overall financial health is concerning due to the large and recurring deficits. The significant drop in assets and the substantial negative net income in the latest period raise questions about the long-term viability and operational funding model. Further investigation into the nature of the high expenses in 202312, especially relative to the low revenue, would be crucial for a complete understanding of their spending efficiency.