16 Th Regiment Sc Volunteers Confederate Museum & Library Inc
Confederate Museum & Library maintains stable operations with significant asset growth and no executive compensation.
EIN: 205702080 · Greenville, SC · NTEE: A54 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $48K |
| Total Expenses | $24K |
| Program Spending | 85% |
| Net Assets | $1.3M |
| Transparency Score | 85/100 |
Is 16 Th Regiment Sc Volunteers Confederate Museum & Library Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
16 Th Regiment Sc Volunteers Confederate Museum & Library Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About 16 Th Regiment Sc Volunteers Confederate Museum & Library Inc
16 Th Regiment Sc Volunteers Confederate Museum & Library Inc (EIN: 205702080) is a nonprofit organization based in Greenville, SC, classified under NTEE code A54. The organization reported total revenue of $48K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 16 Th Regiment Sc Volunteers Confederate Museum & Library Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
16 Th Regiment Sc Volunteers Confederate Museum & Library Inc is a micro nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $20K |
| Total Expenses | $24K |
| Surplus / Deficit | $-4,803 |
| Total Assets | $1.3M |
| Total Liabilities | $194 |
| Net Assets | $1.3M |
| Operating Margin | -24.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 652.4 months |
Financial Health Grade: B
In 2023, 16 Th Regiment Sc Volunteers Confederate Museum & Library Inc reported a deficit of $5K with expenses exceeding revenue, holds 652.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), 16 Th Regiment Sc Volunteers Confederate Museum & Library Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.6% | +10.4% | +28.8% |
| 2022 | -22.3% | +11.7% | -3.8% |
| 2021 | +93.8% | +3.3% | +0.8% |
| 2020 | -66.8% | -17.2% | +154.2% |
| 2019 | -79.9% | +6.0% | +4.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates 16 Th Regiment Sc Volunteers Confederate Museum & Library Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, 16 Th Regiment Sc Volunteers Confederate Museum & Library Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based and no funds are allocated to executive salaries, which is highly efficient for a nonprofit of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of 16 Th Regiment Sc Volunteers Confederate Museum & Library Inc's IRS 990 filings:
- Minor operating deficit in 2023 (expenses exceeded revenue by $4,803).
Strengths
The following positive indicators were identified for 16 Th Regiment Sc Volunteers Confederate Museum & Library Inc:
- Consistent 0% officer compensation, indicating volunteer leadership and high efficiency.
- Significant asset growth over time, reaching $1,350,131, demonstrating strong financial stewardship.
- Generally low liabilities, often $0, indicating a healthy balance sheet.
- Expenses typically kept below revenue, allowing for asset accumulation in most years.
Frequently Asked Questions about 16 Th Regiment Sc Volunteers Confederate Museum & Library Inc
Is 16 Th Regiment Sc Volunteers Confederate Museum & Library Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, 16 Th Regiment Sc Volunteers Confederate Museum & Library Inc (EIN: 205702080) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does 16 Th Regiment Sc Volunteers Confederate Museum & Library Inc spend its money?
16 Th Regiment Sc Volunteers Confederate Museum & Library Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to 16 Th Regiment Sc Volunteers Confederate Museum & Library Inc tax-deductible?
16 Th Regiment Sc Volunteers Confederate Museum & Library Inc is registered as a tax-exempt nonprofit (EIN: 205702080). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of 16 Th Regiment Sc Volunteers Confederate Museum & Library Inc's spending goes to programs?
16 Th Regiment Sc Volunteers Confederate Museum & Library Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does 16 Th Regiment Sc Volunteers Confederate Museum & Library Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), 16 Th Regiment Sc Volunteers Confederate Museum & Library Inc is above average for NTEE category A54 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is 16 Th Regiment Sc Volunteers Confederate Museum & Library Inc located?
16 Th Regiment Sc Volunteers Confederate Museum & Library Inc is headquartered in Greenville, South Carolina and files with the IRS under EIN 205702080. It is classified under NTEE code A54.
How many years of IRS 990 filings does 16 Th Regiment Sc Volunteers Confederate Museum & Library Inc have?
16 Th Regiment Sc Volunteers Confederate Museum & Library Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $48K in total revenue.
How does the organization manage to grow assets significantly with relatively low annual revenue?
The organization consistently spends less than its revenue in most years, allowing for accumulation of funds. For example, in 2021, revenue was $28,299 while expenses were $19,835. The substantial jump in assets from $419,083 in 2019 to $1,073,646 in 2021 suggests a significant one-time donation or investment gain during that period, which is not detailed in the summary data but is the primary driver of asset growth.
What caused the large revenue spike in 2018?
In 2018, the organization reported revenue of $218,447, significantly higher than its typical annual revenue of $20,000-$50,000. This spike likely indicates a major one-time donation, grant, or a successful fundraising event that year, which substantially boosted its financial intake for that period.
Is the organization financially sustainable given its recent operating deficit?
While the organization reported a minor operating deficit in 2023 (expenses of $24,463 exceeding revenue of $19,660), its substantial assets of $1,329,870 provide a strong financial cushion. This single year's deficit does not immediately threaten its sustainability, but consistent deficits without a plan to increase revenue could become a concern in the long term.
Filing History
IRS 990 filing history for 16 Th Regiment Sc Volunteers Confederate Museum & Library Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), 16 Th Regiment Sc Volunteers Confederate Museum & Library Inc's revenue has declined by 41.4%, moving from $34K to $20K. Total assets increased by 521.7% over the same period, from $214K to $1.3M. Total functional expenses rose by 19.6%, from $20K to $24K. In its most recent filing year (2023), 16 Th Regiment Sc Volunteers Confederate Museum & Library Inc reported a deficit of $5K, with expenses exceeding revenue. The organization holds $194 in liabilities against $1.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $20K | $24K | $1.3M | $194 | — | — |
| 2022 | $22K | $22K | $1.0M | $0 | — | — |
| 2021 | $28K | $20K | $1.1M | $0 | — | — |
| 2020 | $15K | $19K | $1.1M | $0 | — | View 990 |
| 2019 | $44K | $23K | $419K | $0 | — | View 990 |
| 2018 | $218K | $22K | $400K | $580 | — | View 990 |
| 2017 | $28K | $27K | $236K | $33K | — | — |
| 2016 | $34K | $23K | $232K | $30K | — | View 990 |
| 2015 | $48K | $21K | $230K | $40K | — | View 990 |
| 2014 | $25K | $23K | $223K | $59K | — | View 990 |
| 2013 | $26K | $25K | $219K | $57K | — | View 990 |
| 2012 | $34K | $20K | $214K | $56K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $20K, expenses of $24K, and assets of $1.3M (revenue -10.6% year-over-year).
- 2022: Revenue of $22K, expenses of $22K, and assets of $1.0M (revenue -22.3% year-over-year).
- 2021: Revenue of $28K, expenses of $20K, and assets of $1.1M (revenue +93.8% year-over-year).
- 2020: Revenue of $15K, expenses of $19K, and assets of $1.1M (revenue -66.8% year-over-year).
- 2019: Revenue of $44K, expenses of $23K, and assets of $419K (revenue -79.9% year-over-year).
- 2018: Revenue of $218K, expenses of $22K, and assets of $400K (revenue +670.6% year-over-year).
- 2017: Revenue of $28K, expenses of $27K, and assets of $236K (revenue -17.1% year-over-year).
- 2016: Revenue of $34K, expenses of $23K, and assets of $232K (revenue -29.1% year-over-year).
- 2015: Revenue of $48K, expenses of $21K, and assets of $230K (revenue +93.4% year-over-year).
- 2014: Revenue of $25K, expenses of $23K, and assets of $223K (revenue -3.3% year-over-year).
- 2013: Revenue of $26K, expenses of $25K, and assets of $219K (revenue -23.1% year-over-year).
- 2012: Revenue of $34K, expenses of $20K, and assets of $214K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for 16 Th Regiment Sc Volunteers Confederate Museum & Library Inc:
Data Sources and Methodology
This transparency report for 16 Th Regiment Sc Volunteers Confederate Museum & Library Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.