American Poetry Museum
American Poetry Museum shows recent revenue growth but faces fluctuating financial stability with expenses exceeding revenue in latest period.
EIN: 201730598 · Washington, DC · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $153K |
| Total Expenses | $47K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $29,378. |
| Net Assets | $26K |
| Transparency Score | 75/100 |
Is American Poetry Museum Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Poetry Museum directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American Poetry Museum
American Poetry Museum (EIN: 201730598) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $153K and total assets of $87K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Poetry Museum's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Poetry Museum is a small nonprofit that has been operating for 21 years, with 15 years of IRS 990 filings on record (2010–2024). Revenue has grown at a compound annual rate of -9.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $29K |
| Total Expenses | $47K |
| Surplus / Deficit | $-17,317 |
| Total Assets | $26K |
| Net Assets | $26K |
| Operating Margin | -58.9% |
| Months of Reserves | 6.6 months |
Financial Health Grade: B
In 2024, American Poetry Museum reported a deficit of $17K with expenses exceeding revenue, holds 6.6 months of operating reserves (strong position).
Financial Trends
Over 15 years of filings (2010–2024), American Poetry Museum's revenue has declined at a compound annual growth rate (CAGR) of -9.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -21.2% | +34.0% | -40.2% |
| 2023 | -46.8% | +3.9% | +6.0% |
| 2022 | +359.5% | +155.7% | +895.5% |
| 2021 | +5.4% | +1.2% | +109.1% |
| 2020 | +0.8% | -8.5% | +335.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
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 Poetry Museum with a Mission Score of 75 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, American Poetry Museum 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $17K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or key employees are receiving salaries from the organization. This suggests a volunteer-led or very lean operational model, which is highly efficient for an organization of its size with latest revenue of $29,378.
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 Poetry Museum's IRS 990 filings:
- Expenses exceeded revenue in the latest filing period (2024), indicating a potential deficit.
- Significant fluctuation in annual revenue and assets, suggesting inconsistent funding or operational scale.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data limits full spending efficiency analysis.
Strengths
The following positive indicators were identified for American Poetry Museum:
- Consistent 0% officer compensation across all filings, indicating a highly efficient and volunteer-driven leadership.
- Significant growth in assets and revenue from earlier periods, demonstrating increasing capacity.
- Low or zero liabilities in most filing periods, indicating responsible financial management.
Frequently Asked Questions about American Poetry Museum
Is American Poetry Museum a legitimate charity?
American Poetry Museum (EIN: 201730598) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 75/100. It has 15 years of IRS 990 filings on record. Total revenue: $153K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does American Poetry Museum spend its money?
American Poetry Museum directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to American Poetry Museum tax-deductible?
American Poetry Museum is registered as a tax-exempt nonprofit (EIN: 201730598). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the American Poetry Museum CEO make?
American Poetry Museum's highest-compensated officer earns $29,378. annually. The organization reported $153K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of American Poetry Museum's spending goes to programs?
American Poetry Museum directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is American Poetry Museum located?
American Poetry Museum is headquartered in Washington, Washington DC and files with the IRS under EIN 201730598.
How many years of IRS 990 filings does American Poetry Museum have?
American Poetry Museum has 15 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 $153K in total revenue.
Is American Poetry Museum a good charity?
Based on the available data, the American Poetry Museum appears to be a mission-focused organization with a strong commitment to not paying executive compensation, which is a positive sign of efficiency. Its financial health has shown growth, but also some volatility, with expenses exceeding revenue in the latest period. A 'good' charity depends on individual donor priorities, but its lean executive structure is commendable.
What is the trend in the organization's financial stability?
The organization's financial stability has shown a trend of growth in revenue and assets over the past few years, particularly from 2020 to 2022. However, there's also volatility, with expenses exceeding revenue in 2024 ($46,695 expenses vs. $29,378 revenue) and a significant liability in 2023 ($40,605). This suggests a need for more consistent revenue generation to ensure long-term stability.
How does the American Poetry Museum manage its liabilities?
For most of its history, the American Poetry Museum has reported zero or very low liabilities. A notable exception was in 2023, when liabilities reached $40,605. However, the latest 2024 filing shows liabilities reduced to $0, indicating effective management and repayment of obligations.
Filing History
IRS 990 filing history for American Poetry Museum showing financial trends over 15 years of public records:
Over 15 years of IRS 990 filings (2010–2024), American Poetry Museum's revenue has declined by 75.5%, moving from $120K to $29K. Total assets decreased by 56.3% over the same period, from $59K to $26K. Total functional expenses fell by 29.1%, from $66K to $47K. In its most recent filing year (2024), American Poetry Museum reported a deficit of $17K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $29K | $47K | $26K | $0 | — | — |
| 2023 | $37K | $35K | $43K | $41K | — | View 990 |
| 2022 | $70K | $34K | $41K | $0 | — | View 990 |
| 2021 | $15K | $13K | $4K | $0 | — | — |
| 2020 | $14K | $13K | $2K | $0 | — | View 990 |
| 2019 | $14K | $14K | $448 | $0 | — | View 990 |
| 2018 | $14K | $14K | $261 | $0 | — | View 990 |
| 2017 | $8K | $9K | $210 | $0 | — | View 990 |
| 2016 | $8K | $10K | $1 | $2K | — | View 990 |
| 2015 | $16K | $17K | $208 | $0 | — | View 990 |
| 2014 | $20K | $21K | $28 | $0 | — | View 990 |
| 2013 | $20K | $19K | $2K | $0 | — | View 990 |
| 2012 | $19K | $18K | $1K | $0 | — | View 990 |
| 2011 | $7K | $66K | $179 | $0 | — | View 990 |
| 2010 | $120K | $66K | $59K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $29K, expenses of $47K, and assets of $26K (revenue -21.2% year-over-year).
- 2023: Revenue of $37K, expenses of $35K, and assets of $43K (revenue -46.8% year-over-year).
- 2022: Revenue of $70K, expenses of $34K, and assets of $41K (revenue +359.5% year-over-year).
- 2021: Revenue of $15K, expenses of $13K, and assets of $4K (revenue +5.4% year-over-year).
- 2020: Revenue of $14K, expenses of $13K, and assets of $2K (revenue +0.8% year-over-year).
- 2019: Revenue of $14K, expenses of $14K, and assets of $448 (revenue +1.2% year-over-year).
- 2018: Revenue of $14K, expenses of $14K, and assets of $261 (revenue +70.5% year-over-year).
- 2017: Revenue of $8K, expenses of $9K, and assets of $210 (revenue +1.7% year-over-year).
- 2016: Revenue of $8K, expenses of $10K, and assets of $1 (revenue -49.5% year-over-year).
- 2015: Revenue of $16K, expenses of $17K, and assets of $208 (revenue -17.3% year-over-year).
- 2014: Revenue of $20K, expenses of $21K, and assets of $28 (revenue -1.0% year-over-year).
- 2013: Revenue of $20K, expenses of $19K, and assets of $2K (revenue +4.7% year-over-year).
- 2012: Revenue of $19K, expenses of $18K, and assets of $1K (revenue +176.1% year-over-year).
- 2011: Revenue of $7K, expenses of $66K, and assets of $179 (revenue -94.3% year-over-year).
- 2010: Revenue of $120K, expenses of $66K, and assets of $59K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Poetry Museum:
Data Sources and Methodology
This transparency report for American Poetry 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.