Is Tate House Museum Legit?

Quick charity verification for Tate House Museum (EIN: 201283552)

Verdict: Tate House Museum appears trustworthy

90/100Mission Score
$183KRevenue
$388KAssets
0Red Flags
4Strengths

No red flags identified.

Strengths

Spending Breakdown

How Tate House 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 Tate House Museum

Is Tate House Museum a legitimate charity?

Based on AI analysis of IRS 990 filings, Tate House Museum (EIN: 201283552) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.

Is Tate House Museum a good charity to donate to?

Tate House Museum has a Mission Score of 90/100. Revenue: $183K. Assets: $388K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Tate House Museum?

The Employer Identification Number (EIN) for Tate House Museum is 201283552. 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 Tate House Museum spend its money?

Tate House Museum allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Tate House Museum's tax-exempt status?

You can verify Tate House Museum's tax-exempt status using EIN 201283552 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 Tate House Museum demonstrates generally sound financial health, with assets consistently exceeding liabilities across all reported periods, indicating a stable balance sheet. Revenue has fluctuated over the years, with a notable peak of $236,401 in 2022, but has generally remained sufficient to cover expenses. For instance, in 2023, expenses were $125,299 against revenues of $123,900, showing a slight deficit, while in 2022, revenues of $236,401 significantly outpaced expenses of $146,768. The organization's assets have shown a positive growth trend, increasing from $97,199 in 2015 to $339,700 in 2023, suggesting effective asset management and potentially successful fundraising efforts. Spending efficiency appears to be strong, particularly given the consistent reporting of 0% officer compensation across all filings. This indicates that the organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, which can contribute to a higher proportion of funds being directed towards programmatic activities. Without a detailed breakdown of program, administrative, and fundraising expenses, a precise efficiency ratio is difficult to ascertain, but the absence of officer compensation is a positive indicator for donor confidence. The organization's NTEE code A50 (Museums) suggests a clear program focus on cultural preservation and education. Transparency is high given the consistent filing of IRS Form 990s over 14 periods, providing a comprehensive financial history. The public availability of these documents allows for thorough scrutiny of the organization's financial activities. The consistent reporting of zero officer compensation enhances transparency by clearly indicating how leadership is compensated, or not compensated, directly from the organization's funds. The growth in assets and generally managed expenses suggest responsible stewardship of resources.

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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