Quick charity verification for Museum Of Modern Art (EIN: 131624100)
Verdict: Museum Of Modern Art appears trustworthy
85/100Mission Score
$633.5MRevenue
$2.6BAssets
2Red Flags
3Strengths
Red Flags
Operating deficit in the most recent 990 filing (202306 period: Revenue=$236.7M, Expenses=$280.7M)
Significant year-over-year revenue volatility, making financial forecasting potentially challenging.
Strengths
Substantial and growing asset base ($2.6 billion latest assets), indicating strong financial stability.
Consistent reporting of 0% officer compensation, suggesting transparency or a unique compensation structure.
Generally strong financial performance over multiple years, with revenues often exceeding expenses prior to 2023.
Spending Breakdown
How Museum Of Modern Art allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Museum Of Modern Art
Is Museum Of Modern Art a legitimate charity?
Based on AI analysis of IRS 990 filings, Museum Of Modern Art (EIN: 131624100) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Museum Of Modern Art a good charity to donate to?
Museum Of Modern Art has a Mission Score of 85/100. Revenue: $633.5M. Assets: $2.6B. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Museum Of Modern Art?
The Employer Identification Number (EIN) for Museum Of Modern Art is 131624100. 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 Museum Of Modern Art spend its money?
Museum Of Modern Art allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Museum Of Modern Art's tax-exempt status?
You can verify Museum Of Modern Art's tax-exempt status using EIN 131624100 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 Museum of Modern Art (MoMA) demonstrates a strong financial foundation with substantial assets, reaching $2.6 billion in the latest period. While the organization experienced a deficit in the 2023 fiscal year, with expenses of $280.7 million exceeding revenue of $236.7 million, this follows several years of positive net income, such as in 2022 ($265.3M revenue vs. $247.8M expenses) and 2021 ($251.6M revenue vs. $236.1M expenses). The significant fluctuation in revenue, particularly the peak of $633.5 million in the latest reported revenue figure (which may represent a different reporting period or include non-operating income not reflected in the 990s), suggests a reliance on diverse funding streams, potentially including large capital campaigns or investment gains. The consistent reporting of 0% officer compensation across all available filings indicates a high level of transparency regarding executive pay, or that compensation is reported in a different section of the 990, or that officers are not compensated directly by the organization in a way that triggers this specific reporting line.