Is Rock & Roll Hall Of Fame Foundation Inc Legit?

Quick charity verification for Rock & Roll Hall Of Fame Foundation Inc (EIN: 133171867)

Verdict: Rock & Roll Hall Of Fame Foundation Inc appears trustworthy

85/100Mission Score
$14.4MRevenue
$22.2MAssets
2Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Rock & Roll Hall Of Fame Foundation Inc allocates its funds across programs, administration, and fundraising.

80%
Program Spending
Healthy — majority goes to mission
10%
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 Rock & Roll Hall Of Fame Foundation Inc

Is Rock & Roll Hall Of Fame Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Rock & Roll Hall Of Fame Foundation Inc (EIN: 133171867) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.

Is Rock & Roll Hall Of Fame Foundation Inc a good charity to donate to?

Rock & Roll Hall Of Fame Foundation Inc has a Mission Score of 85/100. Revenue: $14.4M. Assets: $22.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Rock & Roll Hall Of Fame Foundation Inc?

The Employer Identification Number (EIN) for Rock & Roll Hall Of Fame Foundation Inc is 133171867. 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 Rock & Roll Hall Of Fame Foundation Inc spend its money?

Rock & Roll Hall Of Fame Foundation Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Rock & Roll Hall Of Fame Foundation Inc's tax-exempt status?

You can verify Rock & Roll Hall Of Fame Foundation Inc's tax-exempt status using EIN 133171867 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 Rock & Roll Hall Of Fame Foundation Inc. demonstrates fluctuating financial health over the past decade, with significant swings in revenue and expenses. For instance, revenue surged from $716,974 in 2020 to $13,002,570 in 2023, indicating a strong recovery post-pandemic. However, expenses also show variability, reaching a high of $10,273,865 in 2023. The organization consistently reports 0% officer compensation, which is a positive indicator of financial transparency and a focus on mission-related spending rather than executive enrichment. While the provided data doesn't detail the exact breakdown of program, administrative, and fundraising expenses, the absence of officer compensation suggests a commitment to directing funds towards its objectives. The organization's assets have generally grown, from $11,073,686 in 2014 to $16,449,107 in 2023, though there was a dip in 2022. Liabilities have also seen considerable fluctuation, peaking at $16,150,000 in 2023, which is a significant increase from previous years and warrants further investigation into its nature. The substantial increase in liabilities in the latest filing period (2023) compared to prior years (e.g., $4,923,150 in 2022) could be a point of concern if not adequately explained. Overall, the foundation appears to be financially stable with a strong revenue rebound, but the recent increase in liabilities requires closer scrutiny for a complete financial picture.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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