Quick charity verification for Oregon Music Hall Of Fame (EIN: 201418824)
Verdict: Oregon Music Hall Of Fame appears trustworthy
85/100Mission Score
$461KRevenue
$589KAssets
2Red Flags
4Strengths
Red Flags
Lack of detailed program vs. administrative spending breakdown in provided data
Consistent 0% officer compensation for an organization of growing size could indicate compensation is paid through other entities or not fully disclosed, or a highly volunteer-dependent model.
Strengths
Consistent revenue growth over a decade (from $67,598 in 2014 to $368,952 in 2023).
Strong asset growth, increasing from $29,795 in 2014 to $493,030 in 2023.
Zero reported officer compensation across all filings, indicating a lean operational structure or volunteer leadership.
High expense-to-revenue ratio (e.g., $349,038 expenses on $368,952 revenue in 2023), suggesting efficient use of funds for mission-related activities.
Spending Breakdown
How Oregon Music Hall Of Fame allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Oregon Music Hall Of Fame
Is Oregon Music Hall Of Fame a legitimate charity?
Based on AI analysis of IRS 990 filings, Oregon Music Hall Of Fame (EIN: 201418824) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Oregon Music Hall Of Fame a good charity to donate to?
Oregon Music Hall Of Fame has a Mission Score of 85/100. Revenue: $461K. Assets: $589K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Oregon Music Hall Of Fame?
The Employer Identification Number (EIN) for Oregon Music Hall Of Fame is 201418824. 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 Oregon Music Hall Of Fame spend its money?
Oregon Music Hall Of Fame allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Oregon Music Hall Of Fame's tax-exempt status?
You can verify Oregon Music Hall Of Fame's tax-exempt status using EIN 201418824 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
Oregon Music Hall Of Fame demonstrates consistent growth in revenue and assets over the past decade, indicating a stable and expanding financial base. For instance, revenue grew from $67,598 in 2014 to $368,952 in 2023, and assets increased from $29,795 to $493,030 in the same period. The organization consistently spends nearly all of its revenue on expenses, with a relatively small surplus each year, suggesting efficient use of funds rather than significant accumulation. For example, in 2023, expenses were $349,038 against revenues of $368,952.
The organization's financial health appears sound, with a positive trend in net assets (Assets minus Liabilities) over time. Liabilities have also grown, but at a slower pace than assets, indicating a healthy balance sheet. A notable aspect is the consistent reporting of 0% officer compensation across all available filings, which speaks to a volunteer-driven leadership model and potentially lower administrative overhead. This commitment to minimizing executive pay enhances its transparency and public trust.
While specific program spending percentages are not detailed in the provided data, the overall expense ratio to revenue is high, implying that most funds are directed towards its mission. The lack of reported officer compensation is a strong indicator of financial prudence and a focus on mission-related expenditures. The consistent growth and lean operational structure suggest a well-managed nonprofit.