American Friends Of The Centre Pompidou Inc
American Friends Of The Centre Pompidou Inc shows highly volatile finances with significant asset and liability shifts.
EIN: 132941675 · Montclair, NJ · NTEE: Q210 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $10.6M |
| Program Spending | 90% |
| Net Assets | $13.1M |
| Transparency Score | 70/100 |
Is American Friends Of The Centre Pompidou Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Friends Of The Centre Pompidou Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American Friends Of The Centre Pompidou Inc
American Friends Of The Centre Pompidou Inc (EIN: 132941675) is a nonprofit organization based in Montclair, NJ, classified under NTEE code Q210. The organization reported total revenue of $1.2M and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Friends Of The Centre Pompidou Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Friends Of The Centre Pompidou Inc is a mid-size nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $694K |
| Total Expenses | $10.6M |
| Surplus / Deficit | $-9,947,488 |
| Total Assets | $13.1M |
| Total Liabilities | $10K |
| Net Assets | $13.1M |
| Operating Margin | -1433.3% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 14.8 months |
Financial Health Grade: B
In 2023, American Friends Of The Centre Pompidou Inc reported a deficit of $9.9M with expenses exceeding revenue, holds 14.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), American Friends Of The Centre Pompidou Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -42.9% | -21.6% | -43.1% |
| 2022 | -4.1% | +1092.6% | -34.9% |
| 2021 | -88.7% | -89.5% | +0.4% |
| 2020 | +103.7% | +1546.8% | +1.2% |
| 2019 | +625.6% | +5.8% | +16.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
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 American Friends Of The Centre Pompidou Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, American Friends Of The Centre Pompidou Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $9.9M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees receive compensation directly from the organization, which is a strong positive for resource allocation.
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 American Friends Of The Centre Pompidou Inc's IRS 990 filings:
- Significant and rapid increase in liabilities from $7,238 in 2021 to $10,060,000 in 2023.
- Expenses consistently exceeding revenue by large margins in recent years (e.g., 2023 expenses $10.6M vs. revenue $694K; 2022 expenses $13.5M vs. revenue $1.2M).
- Highly volatile revenue and expense figures year-over-year, making financial stability difficult to assess.
Strengths
The following positive indicators were identified for American Friends Of The Centre Pompidou Inc:
- Consistently reports 0% officer compensation, indicating efficient use of funds at the executive level.
- Maintains substantial assets, even with recent declines, suggesting a strong financial base for its mission (e.g., $13.1M in assets in 2023).
Frequently Asked Questions about American Friends Of The Centre Pompidou Inc
Is American Friends Of The Centre Pompidou Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, American Friends Of The Centre Pompidou Inc (EIN: 132941675) some concerns. Mission Score: 70/100. 3 red flags identified, 2 strengths noted.
How does American Friends Of The Centre Pompidou Inc spend its money?
American Friends Of The Centre Pompidou Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to American Friends Of The Centre Pompidou Inc tax-deductible?
American Friends Of The Centre Pompidou Inc is registered as a tax-exempt nonprofit (EIN: 132941675). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of American Friends Of The Centre Pompidou Inc's spending goes to programs?
American Friends Of The Centre Pompidou Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does American Friends Of The Centre Pompidou Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), American Friends Of The Centre Pompidou Inc is above average for NTEE category Q210 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is American Friends Of The Centre Pompidou Inc located?
American Friends Of The Centre Pompidou Inc is headquartered in Montclair, New Jersey and files with the IRS under EIN 132941675. It is classified under NTEE code Q210.
How many years of IRS 990 filings does American Friends Of The Centre Pompidou Inc have?
American Friends Of The Centre Pompidou Inc has 13 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 $1.2M in total revenue.
What caused the significant increase in liabilities from $7,238 in 2021 to over $10 million in 2023?
The filings show a dramatic increase in liabilities, from a negligible amount in 2021 to over $10 million in 2023, which warrants further investigation into the nature of these obligations.
Why are expenses significantly higher than revenue in recent years, such as $10.6 million in expenses versus $694,048 in revenue in 2023?
The substantial disparity between expenses and revenue in recent years, particularly in 2022 and 2023, suggests the organization is either drawing heavily from reserves, receiving significant non-cash contributions, or has other funding sources not fully reflected in the revenue figures.
What is the nature of the organization's program activities given the NTEE code Q210 (Museums)?
Understanding the specific programs and how the substantial expenses are allocated to support the Centre Pompidou's mission would provide clarity on the organization's operational efficiency.
Filing History
IRS 990 filing history for American Friends Of The Centre Pompidou Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), American Friends Of The Centre Pompidou Inc's revenue has declined by 21.4%, moving from $883K to $694K. Total assets decreased by 21.5% over the same period, from $16.7M to $13.1M. Total functional expenses rose by 1261.5%, from $782K to $10.6M. In its most recent filing year (2023), American Friends Of The Centre Pompidou Inc reported a deficit of $9.9M, with expenses exceeding revenue. The organization holds $10K in liabilities against $13.1M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $13.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $694K | $10.6M | $13.1M | $10K | — | — |
| 2022 | $1.2M | $13.6M | $23.1M | $9K | — | — |
| 2021 | $1.3M | $1.1M | $35.4M | $7K | — | View 990 |
| 2020 | $11.2M | $10.8M | $35.3M | $7K | — | — |
| 2019 | $5.5M | $658K | $34.9M | $0 | — | View 990 |
| 2018 | $761K | $622K | $30.1M | $29K | — | View 990 |
| 2017 | $5.0M | $3.4M | $30.0M | $99K | — | View 990 |
| 2016 | $7.8M | $7.6M | $28.3M | $33K | — | View 990 |
| 2015 | $5.9M | $634K | $28.3M | $177K | — | View 990 |
| 2014 | $3.9M | $583K | $22.9M | $38K | — | View 990 |
| 2013 | $4.2M | $935K | $19.5M | $21K | — | View 990 |
| 2012 | $26.5M | $1.3M | $42.0M | $102K | — | View 990 |
| 2011 | $883K | $782K | $16.7M | $62K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $694K, expenses of $10.6M, and assets of $13.1M (revenue -42.9% year-over-year).
- 2022: Revenue of $1.2M, expenses of $13.6M, and assets of $23.1M (revenue -4.1% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.1M, and assets of $35.4M (revenue -88.7% year-over-year).
- 2020: Revenue of $11.2M, expenses of $10.8M, and assets of $35.3M (revenue +103.7% year-over-year).
- 2019: Revenue of $5.5M, expenses of $658K, and assets of $34.9M (revenue +625.6% year-over-year).
- 2018: Revenue of $761K, expenses of $622K, and assets of $30.1M (revenue -84.8% year-over-year).
- 2017: Revenue of $5.0M, expenses of $3.4M, and assets of $30.0M (revenue -35.4% year-over-year).
- 2016: Revenue of $7.8M, expenses of $7.6M, and assets of $28.3M (revenue +31.2% year-over-year).
- 2015: Revenue of $5.9M, expenses of $634K, and assets of $28.3M (revenue +51.8% year-over-year).
- 2014: Revenue of $3.9M, expenses of $583K, and assets of $22.9M (revenue -6.6% year-over-year).
- 2013: Revenue of $4.2M, expenses of $935K, and assets of $19.5M (revenue -84.2% year-over-year).
- 2012: Revenue of $26.5M, expenses of $1.3M, and assets of $42.0M (revenue +2895.6% year-over-year).
- 2011: Revenue of $883K, expenses of $782K, and assets of $16.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Friends Of The Centre Pompidou Inc:
Data Sources and Methodology
This transparency report for American Friends Of The Centre Pompidou 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.