Zero officer compensation reported across all filings, demonstrating highly efficient leadership and resource allocation.
Low liabilities consistently reported, indicating a healthy balance sheet (e.g., $3,318 in 2023).
Strong surplus in 2023 ($641,502 revenue vs. $229,982 expenses), indicating effective financial management for that period.
Long history of IRS 990 filings, suggesting good transparency and compliance.
Spending Breakdown
How Red Skelton Museum Foundation Inc 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 Red Skelton Museum Foundation Inc
Is Red Skelton Museum Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Red Skelton Museum Foundation Inc (EIN: 208202140) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
Is Red Skelton Museum Foundation Inc a good charity to donate to?
Red Skelton Museum Foundation Inc has a Mission Score of 85/100. Revenue: $263K. Assets: $4.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Red Skelton Museum Foundation Inc?
The Employer Identification Number (EIN) for Red Skelton Museum Foundation Inc is 208202140. 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 Red Skelton Museum Foundation Inc spend its money?
Red Skelton Museum Foundation Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Red Skelton Museum Foundation Inc's tax-exempt status?
You can verify Red Skelton Museum Foundation Inc's tax-exempt status using EIN 208202140 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 Red Skelton Museum Foundation Inc demonstrates a generally stable financial position, with assets consistently around $4.5 million to $4.8 million over the past decade. The organization's revenue has shown significant variability, ranging from a low of $94,467 in 2020 to a high of $641,502 in 2023. Despite this fluctuation, expenses have remained relatively consistent, typically between $190,000 and $270,000 annually. The substantial revenue in 2023 ($641,502) compared to expenses ($229,982) indicates a strong surplus for that period, which is a positive sign for financial health. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of volunteer leadership, contributing to lower administrative costs and indicating good transparency regarding executive pay.
Spending efficiency appears to be reasonable, especially given the consistent expense levels. The organization's ability to operate with no reported officer compensation is a significant factor in its efficiency. While specific program spending ratios are not detailed in the provided data, the overall financial picture suggests a lean operation. The foundation's consistent asset base, despite varying revenues, implies effective management of its resources. The low liabilities reported across all periods further underscore a healthy balance sheet.
Transparency is strong regarding executive compensation, with 0% reported for officers. The consistent filing of IRS Form 990s over many years also indicates a commitment to public disclosure. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a complete assessment of spending efficiency and program focus is challenging. The significant increase in revenue in 2023, while positive, would warrant further investigation into its source to understand its sustainability and impact on future operations.