Quick charity verification for Suffolk County Vanderbilt Museum (EIN: 116037002)
Verdict: Suffolk County Vanderbilt Museum appears trustworthy
90/100Mission Score
$4.1MRevenue
$19.0MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, nearly doubling from $2.06M in 2014 to $4.27M in 2023.
Exceptional asset growth, from $2.55M in 2014 to $18.48M in 2023, indicating strong financial management and investment.
Zero officer compensation reported across all filings, suggesting high efficiency in directing funds to programs.
Healthy operating surplus in recent years (e.g., $132,849 in 2023), indicating sustainable operations.
Low liabilities relative to assets, demonstrating strong financial stability and low risk.
Spending Breakdown
How Suffolk County Vanderbilt Museum allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Suffolk County Vanderbilt Museum
Is Suffolk County Vanderbilt Museum a legitimate charity?
Based on AI analysis of IRS 990 filings, Suffolk County Vanderbilt Museum (EIN: 116037002) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Suffolk County Vanderbilt Museum a good charity to donate to?
Suffolk County Vanderbilt Museum has a Mission Score of 90/100. Revenue: $4.1M. Assets: $19.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Suffolk County Vanderbilt Museum?
The Employer Identification Number (EIN) for Suffolk County Vanderbilt Museum is 116037002. 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 Suffolk County Vanderbilt Museum spend its money?
Suffolk County Vanderbilt Museum allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Suffolk County Vanderbilt Museum's tax-exempt status?
You can verify Suffolk County Vanderbilt Museum's tax-exempt status using EIN 116037002 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 Suffolk County Vanderbilt Museum demonstrates sound financial health with consistent revenue growth and increasing assets over the past decade. In 2023, the organization reported revenues of $4,265,884 against expenses of $4,133,035, indicating a healthy operating surplus. Its assets have grown significantly, from $2,550,944 in 2014 to $18,481,666 in 2023, suggesting effective asset management and potentially successful capital campaigns or investment growth. The museum's liabilities remain a small fraction of its assets, further reinforcing its financial stability.
The organization appears to be efficient in its spending, with expenses generally tracking closely to revenue, indicating that funds are being utilized for its operations. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards the museum's mission rather than executive salaries, which is a positive indicator of spending efficiency and donor trust. This practice also enhances transparency, as it clearly shows where financial resources are allocated.
Overall, the Suffolk County Vanderbilt Museum exhibits strong financial management, a healthy balance sheet, and a transparent approach to executive compensation. Its consistent growth in revenue and assets, coupled with a low liability burden, positions it as a financially stable and well-managed nonprofit.