Quick charity verification for Kenosha Public Museums Foundtion Inc (EIN: 203623211)
Verdict: Kenosha Public Museums Foundtion Inc appears trustworthy
88/100Mission Score
$4.1MRevenue
$12.2MAssets
1Red Flags
4Strengths
Red Flags
Significant revenue volatility, including a negative revenue period in 2022, which warrants further investigation into its causes.
Strengths
Consistent asset growth, reaching $11,152,345 in 2023.
Extremely low operational expenses relative to assets and revenue, indicating high efficiency.
0% reported officer compensation across all filings, demonstrating strong financial transparency and dedication.
Strong rebound in revenue in 2023 ($2,553,395) after a negative year.
Spending Breakdown
How Kenosha Public Museums Foundtion Inc 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 Kenosha Public Museums Foundtion Inc
Is Kenosha Public Museums Foundtion Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kenosha Public Museums Foundtion Inc (EIN: 203623211) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
Is Kenosha Public Museums Foundtion Inc a good charity to donate to?
Kenosha Public Museums Foundtion Inc has a Mission Score of 88/100. Revenue: $4.1M. Assets: $12.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Kenosha Public Museums Foundtion Inc?
The Employer Identification Number (EIN) for Kenosha Public Museums Foundtion Inc is 203623211. 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 Kenosha Public Museums Foundtion Inc spend its money?
Kenosha Public Museums Foundtion Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Kenosha Public Museums Foundtion Inc's tax-exempt status?
You can verify Kenosha Public Museums Foundtion Inc's tax-exempt status using EIN 203623211 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 Kenosha Public Museums Foundation Inc. demonstrates a generally healthy financial position, with assets consistently growing over the past decade, reaching $11,152,345 in 2023. The organization's revenue has shown significant fluctuations, including a negative revenue period in 2022 (-$580,291), which could indicate investment losses or significant returns of contributions, but rebounded strongly in 2023 with $2,553,395. A key strength is its remarkably low expense ratio relative to its asset base and, in most years, its revenue. For instance, in 2023, expenses were only $408,031 against over $2.5 million in revenue, suggesting efficient operations or a focus on endowment growth rather than immediate program spending. The consistent reporting of 0% officer compensation across all filings indicates a volunteer-led or very lean executive structure, contributing to low administrative overhead and high transparency regarding executive pay.
The foundation's primary role appears to be asset management and fundraising for the Kenosha Public Museums, rather than direct program delivery. This is reflected in the relatively low expenses compared to its substantial asset base. While the 990 data doesn't explicitly detail program spending versus administrative or fundraising costs in a granular way, the overall low expense figures suggest that a significant portion of its financial activity is related to investment management and capital preservation. The consistent growth in assets, despite revenue volatility, points to sound financial stewardship and a long-term focus on supporting the museums.