Childrens Museum Of Southeastern Connecticut Inc
Childrens Museum Of Southeastern Connecticut Inc shows consistent revenue growth and no reported officer compensation.
EIN: 112113076 · Niantic, CT · NTEE: A520 · Updated: 2026-03-28
About Childrens Museum Of Southeastern Connecticut Inc
Childrens Museum Of Southeastern Connecticut Inc (EIN: 112113076) is a nonprofit organization based in Niantic, CT, classified under NTEE code A520. The organization reported total revenue of $688K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Childrens Museum Of Southeastern Connecticut Inc'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 Southeastern Connecticut Inc with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Childrens Museum Of Southeastern Connecticut Inc 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.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly favorable for an organization of its size with assets exceeding $1 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.
Strengths
The following positive indicators were identified for Childrens Museum Of Southeastern Connecticut Inc:
- Consistent revenue growth, from $314,838 in 2014 to $775,328 in 2023.
- Significant asset growth, from $391,878 in 2014 to $1,195,037 in 2023.
- No reported officer compensation across all filings, indicating high efficiency.
- Revenue consistently exceeds expenses in recent years, leading to healthy surpluses.
- Positive trend in financial stability and capacity building.
Frequently Asked Questions about Childrens Museum Of Southeastern Connecticut Inc
Is Childrens Museum Of Southeastern Connecticut Inc a good charity?
Based on the provided financial data, the Childrens Museum Of Southeastern Connecticut Inc appears to be a well-managed charity. It consistently generates more revenue than expenses, has growing assets, and reports no officer compensation, all of which are positive indicators.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved. Revenue has grown from $314,838 in 2014 to $775,328 in 2023, and assets have more than tripled from $391,878 to $1,195,037 over the same period, demonstrating strong financial growth and stability.
What is the trend in their liabilities?
Liabilities have fluctuated but generally remained manageable relative to assets. They increased from $291,699 in 2014 to a high of $495,444 in 2020, but have since decreased to $335,008 in 2023, indicating effective liability management.
Filing History
IRS 990 filing history for Childrens Museum Of Southeastern Connecticut Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Childrens Museum Of Southeastern Connecticut Inc's revenue has grown by 149.4%, moving from $311K to $775K. Total assets increased by 196% over the same period, from $404K to $1.2M. Total functional expenses rose by 39.6%, from $338K to $472K. In its most recent filing year (2023), Childrens Museum Of Southeastern Connecticut Inc reported a surplus of $304K, with revenue exceeding expenses. The organization holds $335K in liabilities against $1.2M in assets (debt-to-asset ratio: 28.0%), resulting in net assets of $860K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $775K | $472K | $1.2M | $335K | — | View 990 |
| 2022 | $551K | $400K | $880K | $324K | — | View 990 |
| 2021 | $524K | $365K | $873K | $468K | — | View 990 |
| 2020 | $405K | $360K | $748K | $495K | — | View 990 |
| 2019 | $427K | $410K | $505K | $297K | — | View 990 |
| 2018 | $400K | $420K | $500K | $310K | — | View 990 |
| 2017 | $494K | $429K | $518K | $309K | — | View 990 |
| 2016 | $425K | $366K | $463K | $319K | — | View 990 |
| 2015 | $333K | $347K | $445K | $359K | — | View 990 |
| 2014 | $315K | $323K | $392K | $292K | — | View 990 |
| 2013 | $281K | $302K | $398K | $289K | — | View 990 |
| 2012 | $339K | $289K | $414K | $285K | — | View 990 |
| 2011 | $311K | $338K | $404K | $324K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $775K, expenses of $472K, and assets of $1.2M (revenue +40.6% year-over-year).
- 2022: Revenue of $551K, expenses of $400K, and assets of $880K (revenue +5.3% year-over-year).
- 2021: Revenue of $524K, expenses of $365K, and assets of $873K (revenue +29.3% year-over-year).
- 2020: Revenue of $405K, expenses of $360K, and assets of $748K (revenue -5.2% year-over-year).
- 2019: Revenue of $427K, expenses of $410K, and assets of $505K (revenue +6.8% year-over-year).
- 2018: Revenue of $400K, expenses of $420K, and assets of $500K (revenue -19.1% year-over-year).
- 2017: Revenue of $494K, expenses of $429K, and assets of $518K (revenue +16.4% year-over-year).
- 2016: Revenue of $425K, expenses of $366K, and assets of $463K (revenue +27.6% year-over-year).
- 2015: Revenue of $333K, expenses of $347K, and assets of $445K (revenue +5.7% year-over-year).
- 2014: Revenue of $315K, expenses of $323K, and assets of $392K (revenue +11.9% year-over-year).
- 2013: Revenue of $281K, expenses of $302K, and assets of $398K (revenue -17.0% year-over-year).
- 2012: Revenue of $339K, expenses of $289K, and assets of $414K (revenue +9.0% year-over-year).
- 2011: Revenue of $311K, expenses of $338K, and assets of $404K.
Data Sources and Methodology
This transparency report for Childrens Museum Of Southeastern Connecticut 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.