Quick charity verification for Handweaving Museum And Arts Center (EIN: 161181668)
Verdict: Handweaving Museum And Arts Center appears trustworthy
90/100Mission Score
$3.3MRevenue
$3.3MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent reporting of 0% officer compensation, indicating high efficiency or volunteer leadership.
Stable financial health with assets growing from $554,953 in 2014 to $661,895 in 2023.
Revenues consistently exceeding expenses in most recent years, allowing for asset accumulation.
Low liabilities relative to assets, indicating strong financial stability.
Long history of consistent IRS 990 filings (13 filings), demonstrating transparency.
Spending Breakdown
How Handweaving Museum And Arts Center allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Handweaving Museum And Arts Center
Is Handweaving Museum And Arts Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Handweaving Museum And Arts Center (EIN: 161181668) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Handweaving Museum And Arts Center a good charity to donate to?
Handweaving Museum And Arts Center has a Mission Score of 90/100. Revenue: $3.3M. Assets: $3.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Handweaving Museum And Arts Center?
The Employer Identification Number (EIN) for Handweaving Museum And Arts Center is 161181668. 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 Handweaving Museum And Arts Center spend its money?
Handweaving Museum And Arts Center allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Handweaving Museum And Arts Center's tax-exempt status?
You can verify Handweaving Museum And Arts Center's tax-exempt status using EIN 161181668 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 Handweaving Museum And Arts Center demonstrates consistent financial stability and a strong commitment to its mission, as evidenced by its IRS 990 filings. Over the past decade, the organization has maintained a healthy asset base, with assets growing from $554,953 in 2014 to $661,895 in 2023. Revenue has generally exceeded expenses, allowing for modest growth and accumulation of reserves, such as in 2023 where revenue was $414,181 against expenses of $376,112.
The organization's spending efficiency appears robust, particularly given its consistent reporting of 0% officer compensation across all available filings. This indicates that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which can be a positive sign for donor confidence. The NTEE code A400 (Museums) suggests a focus on program delivery, and the absence of reported officer compensation further supports a lean operational structure.
Transparency is high due to the consistent and publicly available filing of IRS Form 990s over 13 periods. The financial data shows a well-managed organization with predictable revenue streams and controlled expenses. The relatively low liabilities compared to assets also point to a financially sound operation, minimizing financial risk.