Low liabilities relative to assets (e.g., 202306: $783,336 liabilities vs. $93.1M assets), indicating good financial management of debt.
Consistent filing history (13 filings), demonstrating commitment to IRS compliance and transparency.
Spending Breakdown
How Currier Museum Of Art allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
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 Currier Museum Of Art
Is Currier Museum Of Art a legitimate charity?
Based on AI analysis of IRS 990 filings, Currier Museum Of Art (EIN: 20223322) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
Is Currier Museum Of Art a good charity to donate to?
Currier Museum Of Art has a Mission Score of 70/100. Revenue: $29.8M. Assets: $97.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Currier Museum Of Art?
The Employer Identification Number (EIN) for Currier Museum Of Art is 20223322. 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 Currier Museum Of Art spend its money?
Currier Museum Of Art allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Currier Museum Of Art's tax-exempt status?
You can verify Currier Museum Of Art's tax-exempt status using EIN 20223322 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 Currier Museum Of Art demonstrates a generally stable financial position with substantial assets, averaging around $97 million over the past decade. However, recent filings show a trend of expenses exceeding revenue, particularly in the 202306 period where expenses were $10,412,965 against revenues of $4,681,347, indicating a significant operating deficit. This pattern of deficit spending is also evident in 202206, 202006, 201906, 201606, and 201406, suggesting a reliance on endowment drawdowns or other non-operating income to cover costs. While the museum maintains a strong asset base, consistent operating deficits could raise long-term sustainability concerns if not addressed by increased revenue generation or expense management.
The organization's transparency regarding executive compensation is notable, with 'Officer Comp' consistently reported as 0% across all available filings. This suggests that either the officers are uncompensated, or their compensation is reported under other expense categories, which would warrant further investigation for complete transparency. The substantial assets relative to annual expenses indicate a well-endowed institution, providing a buffer against short-term financial fluctuations. However, the recurring operational deficits highlight a need for closer examination of their revenue streams and expenditure allocation to ensure long-term financial health and mission fulfillment.