American Numismatic Society
American Numismatic Society maintains strong assets despite fluctuating revenues and a recent operating deficit.
EIN: 135562383 · New York, NY · NTEE: A030 · Updated: 2026-03-28
Is American Numismatic Society Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Numismatic Society directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American Numismatic Society
American Numismatic Society (EIN: 135562383) is a nonprofit organization based in New York, NY, classified under NTEE code A030. The organization reported total revenue of $41.5M and total assets of $59.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Numismatic Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Numismatic Society is a large nonprofit that has been operating for 88 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.2M |
| Total Expenses | $5.2M |
| Surplus / Deficit | $-1,996,677 |
| Total Assets | $56.0M |
| Total Liabilities | $8.0M |
| Net Assets | $48.0M |
| Operating Margin | -61.7% |
| Debt-to-Asset Ratio | 14.3% |
| Months of Reserves | 128.4 months |
Financial Health Grade: B
In 2023, American Numismatic Society reported a deficit of $2.0M with expenses exceeding revenue, holds 128.4 months of operating reserves (strong position), has a debt-to-asset ratio of 14.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), American Numismatic Society's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -66.0% | -1.5% | +20.6% |
| 2022 | +21.8% | +16.7% | -21.8% |
| 2021 | +118.5% | -3.7% | +19.5% |
| 2020 | -58.2% | +1.8% | +9.3% |
| 2019 | +65.7% | -7.6% | -5.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1938 |
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 Numismatic Society 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, American Numismatic Society allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $2.0M, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.3%.
Executive Compensation Analysis
The American Numismatic Society consistently reports 0% officer compensation across all available IRS 990 filings, indicating that executive leadership is either uncompensated or compensated through mechanisms not classified as officer compensation, which is highly unusual for an organization of its size with assets nearing $60 million.
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 Numismatic Society's IRS 990 filings:
- Significant revenue volatility year-over-year, making financial planning challenging.
- Expenses exceeded revenue by approximately $2 million in the 2023 filing period.
- Unusually high liabilities in 2023 ($8,016,624) compared to previous years (typically under $3 million).
Strengths
The following positive indicators were identified for American Numismatic Society:
- Strong and consistent asset base, providing long-term financial security.
- Consistent management of expenses, generally staying within a predictable range.
- No reported officer compensation, potentially indicating efficient use of funds for mission.
- Low and stable liabilities in most years, demonstrating good financial management.
Frequently Asked Questions about American Numismatic Society
Is American Numismatic Society a legitimate charity?
Based on AI analysis of IRS 990 filings, American Numismatic Society (EIN: 135562383) some concerns. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
How does American Numismatic Society spend its money?
American Numismatic Society directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to American Numismatic Society tax-deductible?
American Numismatic Society is registered as a tax-exempt nonprofit (EIN: 135562383). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the American Numismatic Society financially stable?
Yes, the American Numismatic Society appears financially stable, supported by substantial assets of $59,587,096. While revenue has fluctuated, expenses have been consistently managed, though the 2023 filing shows expenses exceeding revenue by approximately $2 million.
How does the American Numismatic Society compensate its executives?
The IRS 990 filings consistently report 0% for officer compensation, suggesting that executive leadership may be volunteer-based or compensated in ways not reported under this specific category on the 990 form.
What is the trend in the organization's revenue?
The organization's revenue has been highly variable, ranging from a low of $3,236,168 in 2023 to a high of $9,507,645 in 2022, indicating reliance on potentially inconsistent funding sources or significant one-time contributions.
Are the organization's liabilities manageable?
Yes, the liabilities have remained relatively low and stable, typically between $1.8 million and $2.7 million, with a peak of $8,016,624 in 2023, which is still well within the organization's asset base.
Filing History
IRS 990 filing history for American Numismatic Society showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), American Numismatic Society's revenue has grown by 12%, moving from $2.9M to $3.2M. Total assets increased by 30.2% over the same period, from $43.0M to $56.0M. Total functional expenses rose by 38.7%, from $3.8M to $5.2M. In its most recent filing year (2023), American Numismatic Society reported a deficit of $2.0M, with expenses exceeding revenue. The organization holds $8.0M in liabilities against $56.0M in assets (debt-to-asset ratio: 14.3%), resulting in net assets of $48.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.2M | $5.2M | $56.0M | $8.0M | — | — |
| 2022 | $9.5M | $5.3M | $46.4M | $2.3M | — | View 990 |
| 2021 | $7.8M | $4.6M | $59.4M | $2.4M | — | View 990 |
| 2020 | $3.6M | $4.7M | $49.7M | $2.8M | — | View 990 |
| 2019 | $8.5M | $4.6M | $45.5M | $2.4M | — | View 990 |
| 2018 | $5.2M | $5.0M | $48.2M | $2.3M | — | View 990 |
| 2017 | $5.8M | $4.3M | $47.8M | $2.3M | — | View 990 |
| 2016 | $3.9M | $4.2M | $44.9M | $2.2M | — | View 990 |
| 2015 | $3.6M | $4.3M | $43.6M | $2.1M | — | View 990 |
| 2014 | $3.6M | $4.2M | $46.7M | $1.9M | — | View 990 |
| 2013 | $3.2M | $4.1M | $46.6M | $1.8M | — | View 990 |
| 2012 | $2.9M | $4.4M | $45.0M | $1.4M | — | View 990 |
| 2011 | $2.9M | $3.8M | $43.0M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.2M, expenses of $5.2M, and assets of $56.0M (revenue -66.0% year-over-year).
- 2022: Revenue of $9.5M, expenses of $5.3M, and assets of $46.4M (revenue +21.8% year-over-year).
- 2021: Revenue of $7.8M, expenses of $4.6M, and assets of $59.4M (revenue +118.5% year-over-year).
- 2020: Revenue of $3.6M, expenses of $4.7M, and assets of $49.7M (revenue -58.2% year-over-year).
- 2019: Revenue of $8.5M, expenses of $4.6M, and assets of $45.5M (revenue +65.7% year-over-year).
- 2018: Revenue of $5.2M, expenses of $5.0M, and assets of $48.2M (revenue -10.5% year-over-year).
- 2017: Revenue of $5.8M, expenses of $4.3M, and assets of $47.8M (revenue +47.6% year-over-year).
- 2016: Revenue of $3.9M, expenses of $4.2M, and assets of $44.9M (revenue +8.5% year-over-year).
- 2015: Revenue of $3.6M, expenses of $4.3M, and assets of $43.6M (revenue +0.5% year-over-year).
- 2014: Revenue of $3.6M, expenses of $4.2M, and assets of $46.7M (revenue +12.3% year-over-year).
- 2013: Revenue of $3.2M, expenses of $4.1M, and assets of $46.6M (revenue +10.9% year-over-year).
- 2012: Revenue of $2.9M, expenses of $4.4M, and assets of $45.0M (revenue -0.5% year-over-year).
- 2011: Revenue of $2.9M, expenses of $3.8M, and assets of $43.0M.
Data Sources and Methodology
This transparency report for American Numismatic Society 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.