Quick charity verification for Shaker Museum And Library (EIN: 141364601)
Verdict: Shaker Museum And Library appears trustworthy
85/100Mission Score
$2.4MRevenue
$11.3MAssets
2Red Flags
4Strengths
Red Flags
Significant year-over-year revenue volatility, making financial planning potentially challenging.
Unclear executive compensation structure given consistent 0% officer compensation reported, which may obscure actual leadership remuneration.
Strengths
Strong and consistent growth in assets, from $5,096,940 in 2019 to $11,251,174 in the latest filing, indicating robust financial health.
Well-managed liabilities, showing a decreasing trend from $1,345,619 in 2014 to $294,441 in 2023.
Relatively stable expense levels, generally under $1.3 million annually, demonstrating controlled spending.
Consistent program focus, as implied by the NTEE code A500 (Museums) and the overall financial stability supporting its mission.
Spending Breakdown
How Shaker Museum And Library 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 Shaker Museum And Library
Is Shaker Museum And Library a legitimate charity?
Based on AI analysis of IRS 990 filings, Shaker Museum And Library (EIN: 141364601) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Shaker Museum And Library a good charity to donate to?
Shaker Museum And Library has a Mission Score of 85/100. Revenue: $2.4M. Assets: $11.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Shaker Museum And Library?
The Employer Identification Number (EIN) for Shaker Museum And Library is 141364601. 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 Shaker Museum And Library spend its money?
Shaker Museum And Library allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Shaker Museum And Library's tax-exempt status?
You can verify Shaker Museum And Library's tax-exempt status using EIN 141364601 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
Shaker Museum And Library demonstrates a generally healthy financial position with substantial assets and a fluctuating but often positive revenue stream. Over the past five years, the organization has consistently maintained assets well over $5 million, reaching $11,251,174 in the latest filing. While revenue has varied significantly, from a high of $3,387,194 in 2020 to a low of $757,652 in 2019, expenses have remained relatively stable, typically under $1.3 million annually. This suggests a controlled spending environment, even during periods of lower income. The organization's liabilities have also been well-managed, showing a decreasing trend from a high of $1,345,619 in 2014 to $294,441 in the most recent filing, indicating good financial stewardship.
The absence of reported officer compensation across all available filings is a notable aspect of their financial transparency. This could indicate that executive leadership is either volunteer-based or compensated through other means not categorized as 'officer compensation' on the 990, which warrants further investigation for a complete picture of compensation practices. The consistent growth in assets, even with revenue fluctuations, points to effective asset management and potentially successful fundraising efforts that contribute to long-term sustainability. The NTEE code A500 (Museums) aligns with their mission, and their financial data supports the operational capacity to fulfill this mission.