African American Museum
EIN: 751678200 · Dallas, TX · NTEE: A510
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.3M |
| Net Assets | $369K |
Is African American Museum Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About African American Museum
African American Museum (EIN: 751678200) is a nonprofit organization based in Dallas, TX, classified under NTEE code A510. The organization reported total revenue of $1.8M and total assets of $675K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of African American Museum's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
African American Museum is a mid-size nonprofit that has been operating for 5 years, with 11 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -0.3%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $975K |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-318,054 |
| Total Assets | $949K |
| Total Liabilities | $580K |
| Net Assets | $369K |
| Operating Margin | -32.6% |
| Debt-to-Asset Ratio | 61.1% |
| Months of Reserves | 8.8 months |
Financial Health Grade: C
In 2022, African American Museum reported a deficit of $318K with expenses exceeding revenue, holds 8.8 months of operating reserves (strong position), has a debt-to-asset ratio of 61.1% (high leverage).
Financial Trends
Over 11 years of filings (2011–2022), African American Museum's revenue has declined at a compound annual growth rate (CAGR) of -0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +5.4% | +18.2% | -4.2% |
| 2021 | -6.8% | +21.6% | -6.0% |
| 2020 | +16.0% | -14.7% | +94.7% |
| 2019 | -4.6% | -4.9% | -31.4% |
| 2018 | -22.5% | -2.8% | -34.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for African American Museum has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates African American Museum with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $318K, with expenses exceeding revenue.
- Debt-to-asset ratio: 61.1%.
Frequently Asked Questions about African American Museum
Is African American Museum a legitimate charity?
African American Museum (EIN: 751678200) is a registered tax-exempt nonprofit based in Texas. It has 11 years of IRS 990 filings on record. Total revenue: $1.8M. No red flags identified. Financial health grade: C.
How does African American Museum spend its money?
African American Museum reported $1.8M in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to African American Museum tax-deductible?
African American Museum is registered as a tax-exempt nonprofit (EIN: 751678200). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is African American Museum located?
African American Museum is headquartered in Dallas, Texas and files with the IRS under EIN 751678200. It is classified under NTEE code A510.
How many years of IRS 990 filings does African American Museum have?
African American Museum has 11 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 $1.8M in total revenue.
Filing History
IRS 990 filing history for African American Museum showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2022), African American Museum's revenue has declined by 2.8%, moving from $1.0M to $975K. Total assets increased by 264.9% over the same period, from $260K to $949K. Total functional expenses rose by 60.1%, from $807K to $1.3M. In its most recent filing year (2022), African American Museum reported a deficit of $318K, with expenses exceeding revenue. The organization holds $580K in liabilities against $949K in assets (debt-to-asset ratio: 61.1%), resulting in net assets of $369K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $975K | $1.3M | $949K | $580K | — | View 990 |
| 2021 | $925K | $1.1M | $990K | $486K | — | View 990 |
| 2020 | $992K | $900K | $1.1M | $502K | — | View 990 |
| 2019 | $855K | $1.1M | $541K | $213K | — | View 990 |
| 2018 | $897K | $1.1M | $788K | $393K | — | View 990 |
| 2016 | $1.2M | $1.1M | $1.2M | $391K | — | View 990 |
| 2015 | $987K | $1.1M | $1.1M | $398K | — | View 990 |
| 2014 | $888K | $769K | $123K | $410K | — | View 990 |
| 2013 | $807K | $784K | $45K | $412K | — | View 990 |
| 2012 | $870K | $1.1M | $43K | $404K | — | View 990 |
| 2011 | $1.0M | $807K | $260K | $403K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $975K, expenses of $1.3M, and assets of $949K (revenue +5.4% year-over-year).
- 2021: Revenue of $925K, expenses of $1.1M, and assets of $990K (revenue -6.8% year-over-year).
- 2020: Revenue of $992K, expenses of $900K, and assets of $1.1M (revenue +16.0% year-over-year).
- 2019: Revenue of $855K, expenses of $1.1M, and assets of $541K (revenue -4.6% year-over-year).
- 2018: Revenue of $897K, expenses of $1.1M, and assets of $788K (revenue -22.5% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.1M, and assets of $1.2M (revenue +17.2% year-over-year).
- 2015: Revenue of $987K, expenses of $1.1M, and assets of $1.1M (revenue +11.2% year-over-year).
- 2014: Revenue of $888K, expenses of $769K, and assets of $123K (revenue +10.0% year-over-year).
- 2013: Revenue of $807K, expenses of $784K, and assets of $45K (revenue -7.2% year-over-year).
- 2012: Revenue of $870K, expenses of $1.1M, and assets of $43K (revenue -13.3% year-over-year).
- 2011: Revenue of $1.0M, expenses of $807K, and assets of $260K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for African American Museum:
Data Sources and Methodology
This transparency report for African American Museum 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.