Quick charity verification for The Paley Center For Media (EIN: 132805582)
Verdict: The Paley Center For Media shows mixed signals
65/100Mission Score
$22.3MRevenue
$160.9MAssets
3Red Flags
3Strengths
Red Flags
Consistent operational deficits in recent years (e.g., $2.2M in 2023, $6.9M in 2022) indicate expenses frequently exceed revenue.
0% officer compensation reported across all filings is highly unusual for an organization of this scale, raising transparency concerns regarding executive pay.
Lack of detailed expense breakdown in the provided summary makes it difficult to fully assess spending efficiency.
Strengths
Strong and growing asset base, increasing from $126.7M in 2014 to $150.0M in 2023, indicating financial stability.
Long history of IRS 990 filings (13 filings), suggesting established operations and compliance.
Substantial revenue generation, with latest reported revenue at $22.3M, demonstrating capacity for fundraising and operations.
Spending Breakdown
How The Paley Center For Media 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 Paley Center For Media
Is The Paley Center For Media a legitimate charity?
Based on AI analysis of IRS 990 filings, The Paley Center For Media (EIN: 132805582) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is The Paley Center For Media a good charity to donate to?
The Paley Center For Media has a Mission Score of 65/100. Revenue: $22.3M. Assets: $160.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Paley Center For Media?
The Employer Identification Number (EIN) for The Paley Center For Media is 132805582. 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 Paley Center For Media spend its money?
The Paley Center For Media allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Paley Center For Media's tax-exempt status?
You can verify The Paley Center For Media's tax-exempt status using EIN 132805582 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 Paley Center For Media demonstrates a generally stable financial position with substantial assets, though it has experienced periods of operating deficits. In 2023, expenses of $19,262,870 exceeded revenue of $17,054,085, continuing a trend seen in 2022 where expenses of $23,113,975 outstripped revenue of $16,176,407. This indicates a reliance on prior year surpluses or investment income to cover operational costs in some years. The organization's assets have grown significantly over the past decade, from $126,748,545 in 2014 to $150,079,802 in 2023, suggesting sound asset management despite fluctuating annual revenues.
Spending efficiency appears to be a mixed bag. While the organization has substantial program activities, the consistent reporting of 0% officer compensation across all available filings is unusual and warrants further investigation to understand how executive leadership is compensated, if at all, or if it's reported under different categories. This lack of transparency regarding executive pay could be a red flag for some donors. The organization's NTEE code A500 (Arts, Culture, Humanities) suggests a focus on cultural programming, which often entails significant operational and event-related costs.
Overall, the Paley Center for Media appears to be a well-established institution with a strong asset base. However, the recurring operational deficits in recent years and the lack of reported officer compensation in the provided data points suggest areas where financial transparency and spending efficiency could be more clearly articulated to stakeholders. Donors should look for more detailed breakdowns of expenses to fully assess program efficiency.