Quick charity verification for Lake Winnipesaukee Antique Museum (EIN: 20522579)
Verdict: Lake Winnipesaukee Antique Museum shows mixed signals
55/100Mission Score
$290KRevenue
$729KAssets
3Red Flags
3Strengths
Red Flags
Recurring negative revenue in multiple years (e.g., $-116,132 in 2023, $-32,093 in 2017, $-74,340 in 2015).
Significant decline in total assets over the past decade (from $1,165,512 in 2014 to $879,266 in 2023).
Inconsistent revenue streams, making financial planning and sustainability challenging.
Strengths
Consistently reports 0% officer compensation, indicating a volunteer-led or very lean executive structure.
Maintains $0 in liabilities across all reported periods, demonstrating strong fiscal conservatism.
Long filing history (14 filings) suggests a commitment to transparency, despite financial challenges.
Spending Breakdown
How Lake Winnipesaukee Antique Museum 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 Lake Winnipesaukee Antique Museum
Is Lake Winnipesaukee Antique Museum a legitimate charity?
Based on AI analysis of IRS 990 filings, Lake Winnipesaukee Antique Museum (EIN: 20522579) shows mixed signals. Mission Score: 55/100. 3 red flags identified, 3 strengths noted.
Is Lake Winnipesaukee Antique Museum a good charity to donate to?
Lake Winnipesaukee Antique Museum has a Mission Score of 55/100. Revenue: $290K. Assets: $729K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lake Winnipesaukee Antique Museum?
The Employer Identification Number (EIN) for Lake Winnipesaukee Antique Museum is 20522579. 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 Lake Winnipesaukee Antique Museum spend its money?
Lake Winnipesaukee Antique Museum allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lake Winnipesaukee Antique Museum's tax-exempt status?
You can verify Lake Winnipesaukee Antique Museum's tax-exempt status using EIN 20522579 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 Lake Winnipesaukee Antique Museum exhibits a concerning financial trend, with significant negative revenue reported in three of the last ten years (2023, 2017, 2015). The most recent filing for 2023 shows a substantial negative revenue of $-116,132 against expenses of $36,333, indicating a significant net loss for the year. This pattern of inconsistent revenue, coupled with a declining asset base from a peak of $1,165,512 in 2014 to $879,266 in 2023, suggests potential long-term sustainability challenges. The organization consistently reports zero liabilities and zero officer compensation, which points to a lean operational structure and good transparency regarding executive pay. However, the overall financial health is weakened by the volatile revenue streams and asset depreciation.