Is The Long Island Museum Of American Art History & Carriages Legit?
Quick charity verification for The Long Island Museum Of American Art History & Carriages (EIN: 111667767)
Verdict: The Long Island Museum Of American Art History & Carriages appears trustworthy
75/100Mission Score
$7.0MRevenue
$21.8MAssets
2Red Flags
4Strengths
Red Flags
Consistent operational deficits where expenses exceed revenue in multiple recent years (e.g., 2023, 2022, 2020, 2019, 2018, 2017, 2014), indicating potential reliance on asset drawdowns.
Unexplained 0% officer compensation across all filings for an organization with multi-million dollar expenses, which could obscure executive pay structures.
Strengths
Strong and stable asset base, consistently over $20 million in recent years, providing financial resilience.
Low liabilities, typically under $1 million, indicating good debt management.
Consistent IRS 990 filing history (13 filings), demonstrating good compliance and transparency in reporting.
Significant revenue spike in 2016 ($12.7M) indicates capacity for large-scale fundraising or major gifts.
Spending Breakdown
How The Long Island Museum Of American Art History & Carriages allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
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 The Long Island Museum Of American Art History & Carriages
Is The Long Island Museum Of American Art History & Carriages a legitimate charity?
Based on AI analysis of IRS 990 filings, The Long Island Museum Of American Art History & Carriages (EIN: 111667767) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is The Long Island Museum Of American Art History & Carriages a good charity to donate to?
The Long Island Museum Of American Art History & Carriages has a Mission Score of 75/100. Revenue: $7.0M. Assets: $21.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Long Island Museum Of American Art History & Carriages?
The Employer Identification Number (EIN) for The Long Island Museum Of American Art History & Carriages is 111667767. 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 The Long Island Museum Of American Art History & Carriages spend its money?
The Long Island Museum Of American Art History & Carriages allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Long Island Museum Of American Art History & Carriages's tax-exempt status?
You can verify The Long Island Museum Of American Art History & Carriages's tax-exempt status using EIN 111667767 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 Long Island Museum Of American Art History & Carriages demonstrates a generally stable financial position with consistent asset levels over the past several years, hovering around $21-22 million. While the organization experienced a significant revenue spike in 2016 to $12.7 million, its typical annual revenue has been in the $1.6 million to $2.6 million range. A notable trend is that expenses have frequently exceeded revenue in recent years, such as in 2023 ($3.18M expenses vs. $2.41M revenue) and 2022 ($2.94M expenses vs. $2.63M revenue), indicating a reliance on prior year surpluses or investment income to cover operational costs. The organization's liabilities have remained relatively low, typically under $1 million, which is a positive indicator of financial stability.
The museum's spending efficiency appears to be managed, though the consistent operating deficits suggest a need for careful financial planning or increased fundraising efforts to match expenditures. The absence of reported officer compensation across all available filings is a significant positive for transparency and suggests that executive leadership may be volunteer-based or compensated through other means not categorized as 'officer compensation' on the 990, which warrants further investigation for a complete picture. Overall, the museum appears to be a well-established institution with a solid asset base, but its operational sustainability relies on managing the gap between recurring revenue and expenses.
Given the available data, the organization's transparency is high regarding executive compensation, as none is reported. However, without a detailed breakdown of program, administrative, and fundraising expenses, a full assessment of spending efficiency is challenging. The consistent filing of 990s over many years indicates good compliance with IRS reporting requirements.