Childrens Museum Of Manhattan
Children's Museum of Manhattan shows strong asset growth and positive financial trends, with fluctuating but generally increasing revenue.
EIN: 132761376 · New York, NY · NTEE: A520 · Updated: 2026-03-28
Is Childrens Museum Of Manhattan Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Childrens Museum Of Manhattan directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Childrens Museum Of Manhattan
Childrens Museum Of Manhattan (EIN: 132761376) is a nonprofit organization based in New York, NY, classified under NTEE code A520. The organization reported total revenue of $64.7M and total assets of $137.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Childrens Museum Of Manhattan's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Childrens Museum Of Manhattan 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, Childrens Museum Of Manhattan 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.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is unusual for an organization of this size and revenue. This suggests that executive compensation may be categorized differently within the filings (e.g., under general salaries) or that the specific 'officer compensation' field is not being utilized, which could impact the clarity of executive pay transparency.
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 Childrens Museum Of Manhattan's IRS 990 filings:
- Consistent 0% officer compensation reported, which may obscure actual executive pay if categorized elsewhere.
Strengths
The following positive indicators were identified for Childrens Museum Of Manhattan:
- Significant asset growth from $7.65M in 2014 to $90.07M in 2023, indicating strong financial management and fundraising success.
- Revenue consistently exceeding expenses in most recent years, leading to healthy operating surpluses.
- Strong net asset position, with assets far exceeding liabilities.
- Demonstrated ability to attract significant funding, as evidenced by the 2018 revenue spike and recent revenue increases.
Frequently Asked Questions about Childrens Museum Of Manhattan
Is Childrens Museum Of Manhattan a legitimate charity?
Based on AI analysis of IRS 990 filings, Childrens Museum Of Manhattan (EIN: 132761376) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Childrens Museum Of Manhattan spend its money?
Childrens Museum Of Manhattan directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Childrens Museum Of Manhattan tax-deductible?
Childrens Museum Of Manhattan is registered as a tax-exempt nonprofit (EIN: 132761376). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Children's Museum Of Manhattan a good charity?
Based on the financial data, the Children's Museum of Manhattan appears to be a well-managed organization with strong asset growth and a healthy financial position. Their ability to consistently generate revenue exceeding expenses (in most years) and accumulate significant assets suggests good stewardship of resources. The consistent 0% officer compensation reported in the filings is a point to investigate for full transparency, but overall financial health is positive.
What caused the significant revenue spike in 2018?
The revenue spike to $47,868,462 in 2018, compared to typical revenues of $5-13 million in other years, strongly suggests a major capital campaign, a large one-time grant, or a significant donation received in that fiscal period. This kind of fluctuation is common for nonprofits undertaking large projects like facility expansions or endowments.
How has the organization's financial health changed over the last decade?
Over the last decade, the organization's financial health has significantly improved. Assets have grown from $7,652,779 in 2014 to $90,066,904 in 2023, indicating substantial growth and financial stability. While revenue has fluctuated, the trend shows an overall increase, and expenses have generally been well-controlled relative to income, leading to a strong net asset position.
What is the organization's current financial stability?
The Children's Museum of Manhattan demonstrates strong financial stability. With assets of $90,066,904 and liabilities of $30,942,375 in 2023, they have a substantial net asset position. Their revenue of $13,417,816 significantly exceeded expenses of $6,165,002 in the latest period, indicating a healthy operating surplus and capacity for future programs and growth.
Filing History
IRS 990 filing history for Childrens Museum Of Manhattan showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Childrens Museum Of Manhattan's revenue has grown by 141.4%, moving from $5.6M to $13.4M. Total assets increased by 954% over the same period, from $8.5M to $90.1M. Total functional expenses rose by 20.1%, from $5.1M to $6.2M. In its most recent filing year (2023), Childrens Museum Of Manhattan reported a surplus of $7.3M, with revenue exceeding expenses. The organization holds $30.9M in liabilities against $90.1M in assets (debt-to-asset ratio: 34.4%), resulting in net assets of $59.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $13.4M | $6.2M | $90.1M | $30.9M | — | View 990 |
| 2022 | $10.7M | $6.0M | $83.0M | $31.2M | — | View 990 |
| 2021 | $6.3M | $5.5M | $77.3M | $30.0M | — | View 990 |
| 2020 | $6.5M | $6.9M | $76.0M | $29.1M | — | View 990 |
| 2019 | $10.0M | $7.5M | $78.8M | $30.9M | — | View 990 |
| 2018 | $47.9M | $7.1M | $80.2M | $33.4M | — | View 990 |
| 2017 | $5.7M | $6.2M | $6.6M | $578K | — | View 990 |
| 2016 | $6.0M | $6.4M | $6.8M | $267K | — | View 990 |
| 2015 | $5.3M | $6.0M | $7.1M | $386K | — | View 990 |
| 2014 | $5.9M | $6.1M | $7.7M | $371K | — | View 990 |
| 2013 | $5.0M | $5.5M | $7.8M | $419K | — | View 990 |
| 2012 | $5.9M | $5.8M | $8.4M | $303K | — | View 990 |
| 2011 | $5.6M | $5.1M | $8.5M | $356K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $13.4M, expenses of $6.2M, and assets of $90.1M (revenue +25.3% year-over-year).
- 2022: Revenue of $10.7M, expenses of $6.0M, and assets of $83.0M (revenue +70.6% year-over-year).
- 2021: Revenue of $6.3M, expenses of $5.5M, and assets of $77.3M (revenue -3.4% year-over-year).
- 2020: Revenue of $6.5M, expenses of $6.9M, and assets of $76.0M (revenue -35.2% year-over-year).
- 2019: Revenue of $10.0M, expenses of $7.5M, and assets of $78.8M (revenue -79.1% year-over-year).
- 2018: Revenue of $47.9M, expenses of $7.1M, and assets of $80.2M (revenue +741.7% year-over-year).
- 2017: Revenue of $5.7M, expenses of $6.2M, and assets of $6.6M (revenue -5.7% year-over-year).
- 2016: Revenue of $6.0M, expenses of $6.4M, and assets of $6.8M (revenue +13.1% year-over-year).
- 2015: Revenue of $5.3M, expenses of $6.0M, and assets of $7.1M (revenue -10.1% year-over-year).
- 2014: Revenue of $5.9M, expenses of $6.1M, and assets of $7.7M (revenue +18.2% year-over-year).
- 2013: Revenue of $5.0M, expenses of $5.5M, and assets of $7.8M (revenue -15.0% year-over-year).
- 2012: Revenue of $5.9M, expenses of $5.8M, and assets of $8.4M (revenue +6.2% year-over-year).
- 2011: Revenue of $5.6M, expenses of $5.1M, and assets of $8.5M.
Data Sources and Methodology
This transparency report for Childrens Museum Of Manhattan 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.