Quick charity verification for Sephardic Heritage Museum Inc (EIN: 203249437)
Verdict: Sephardic Heritage Museum Inc shows mixed signals
65/100Mission Score
$28.0MRevenue
$15.2MAssets
4Red Flags
3Strengths
Red Flags
Frequent operational deficits, with expenses exceeding revenue in multiple years (e.g., 2023, 2022, 2020, 2019, 2018, 2017).
Highly volatile revenue streams, indicating potential reliance on unpredictable large donations.
Unusually low program spending in some years relative to total expenses, though specific program spending percentages are not provided in the raw data.
Consistent 0% officer compensation reported, which may obscure actual leadership costs if compensation is categorized elsewhere.
Strengths
Substantial asset base, consistently above $10 million and often over $15 million, providing a financial cushion.
Significant revenue generation in certain years, demonstrating capacity to attract large contributions (e.g., $17.9M in 2016, $27.9M latest).
Relatively low liabilities compared to assets in most recent years (e.g., $1.2M liabilities vs. $15.2M assets in 2023).
Spending Breakdown
How Sephardic Heritage Museum 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 Sephardic Heritage Museum Inc
Is Sephardic Heritage Museum Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sephardic Heritage Museum Inc (EIN: 203249437) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.
Is Sephardic Heritage Museum Inc a good charity to donate to?
Sephardic Heritage Museum Inc has a Mission Score of 65/100. Revenue: $28.0M. Assets: $15.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Sephardic Heritage Museum Inc?
The Employer Identification Number (EIN) for Sephardic Heritage Museum Inc is 203249437. 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 Sephardic Heritage Museum Inc spend its money?
Sephardic Heritage Museum Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Sephardic Heritage Museum Inc's tax-exempt status?
You can verify Sephardic Heritage Museum Inc's tax-exempt status using EIN 203249437 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 Sephardic Heritage Museum Inc. exhibits inconsistent financial performance over the past decade, with significant fluctuations in both revenue and expenses. For instance, in fiscal year 2023, the organization reported revenue of $3,670,618 against expenses of $4,373,524, indicating a deficit. This trend of expenses exceeding revenue is also evident in 2022 ($5,335,130 revenue vs. $9,630,662 expenses) and several other years. While the organization's assets have generally remained substantial, around $15-22 million, the consistent operational deficits in many periods raise questions about long-term sustainability without significant, sporadic revenue injections, such as the $17,990,265 reported in 2016. The absence of reported officer compensation across all available filings suggests either a fully volunteer-led executive team or compensation is reported under other expense categories, which could impact transparency regarding leadership costs.