Everson Museum Of Art Of Syracuse And Onondaga County

Everson Museum shows significant asset growth but lacks transparency in executive compensation reporting.

EIN: 150616499 · Syracuse, NY · NTEE: A510 · Updated: 2026-03-28

$5.0MRevenue
$5.0MGross Revenue
$27.4MAssets
70/100Mission Score (Good)
A510
Everson Museum Of Art Of Syracuse And Onondaga County Financial Summary
MetricValue
Total Revenue$5.0M
Total Expenses$3.0M
Program Spending75%
CEO/Top Officer Pay$19
Net Assets$18.6M
Transparency Score70/100

Is Everson Museum Of Art Of Syracuse And Onondaga County Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Everson Museum Of Art Of Syracuse And Onondaga County directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Everson Museum Of Art Of Syracuse And Onondaga County

Everson Museum Of Art Of Syracuse And Onondaga County (EIN: 150616499) is a nonprofit organization based in Syracuse, NY, classified under NTEE code A510. The organization reported total revenue of $5.0M and total assets of $27.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Everson Museum Of Art Of Syracuse And Onondaga County's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

63Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Everson Museum Of Art Of Syracuse And Onondaga County is a mid-size nonprofit that has been operating for 63 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.2%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$2.5M
Total Expenses$3.0M
Surplus / Deficit$-527,648
Total Assets$19.2M
Total Liabilities$639K
Net Assets$18.6M
Operating Margin-21.0%
Debt-to-Asset Ratio3.3%
Months of Reserves75.8 months

Financial Health Grade: B

In 2023, Everson Museum Of Art Of Syracuse And Onondaga County reported a deficit of $528K with expenses exceeding revenue, holds 75.8 months of operating reserves (strong position), has a debt-to-asset ratio of 3.3% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Everson Museum Of Art Of Syracuse And Onondaga County's revenue has grown at a compound annual growth rate (CAGR) of 2.2%.

YearRevenue ChangeExpense ChangeAsset Change
2023+4.8%+23.3%+7.7%
2022+5.5%+8.1%-14.1%
2021-83.8%+6.6%+7.8%
2020+493.9%-14.5%+165.4%
2019-63.5%-4.7%-10.9%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date1963

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Everson Museum Of Art Of Syracuse And Onondaga County demonstrates a generally stable financial position, with assets growing significantly over the past decade, from $2,285,885 in 2014 to $19,207,212 in 2023. Revenue has fluctuated, with notable spikes in 2020 ($14,076,901) and 2018 ($6,498,980), likely due to large one-time contributions or capital campaigns, while typical operating revenue appears to be in the $2-3 million range. The organization has consistently reported zero officer compensation in its recent filings, which is unusual for an organization of its size and could indicate that compensation is reported under different categories or that key leadership roles are filled by volunteers or compensated through a related entity. This lack of direct officer compensation reporting on the 990 could be a point of concern for transparency regarding executive pay practices. Spending efficiency appears reasonable, with expenses generally aligning with or slightly exceeding revenue in most years, indicating active program delivery. For instance, in 2023, expenses were $3,042,000 against revenues of $2,514,352. The significant asset growth, particularly between 2019 and 2020 (from $7,254,105 to $19,255,791), suggests successful fundraising or endowment growth. The organization's liabilities have remained relatively low compared to its assets, indicating good financial management and solvency. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. Transparency regarding executive compensation is a notable area for improvement, given the consistent reporting of 0% officer compensation. While this might be technically accurate based on how their specific roles are classified or compensated, it obscures a key aspect of financial accountability for an organization with millions in revenue and assets. Further detail on how leadership is compensated would enhance public trust and financial transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Everson Museum Of Art Of Syracuse And Onondaga County 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: 15%
  • programs: 75%
  • fundraising: 10%

According to IRS 990 filings, Everson Museum Of Art Of Syracuse And Onondaga County allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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:

$2.5MTotal Revenue
$3.0MTotal Expenses
$19.2MTotal Assets
$639KTotal Liabilities
$18.6MNet Assets
  • The organization reported a deficit of $528K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 3.3%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation in its IRS 990 filings, which is highly unusual for an institution with annual revenues in the millions and assets exceeding $19 million, raising questions about how leadership is compensated or if these roles are entirely volunteer-based.

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 Everson Museum Of Art Of Syracuse And Onondaga County's IRS 990 filings:

  • Consistent 0% officer compensation reported, raising transparency concerns about executive pay.
  • Revenue volatility, with significant spikes in certain years, suggesting reliance on large, infrequent contributions.

Strengths

The following positive indicators were identified for Everson Museum Of Art Of Syracuse And Onondaga County:

  • Significant asset growth over the past decade, from $2,285,885 in 2014 to $19,207,212 in 2023, indicating strong financial health.
  • Relatively low liabilities compared to assets, demonstrating good solvency.
  • Consistent operational history with 13 filings, showing long-term stability.

Frequently Asked Questions about Everson Museum Of Art Of Syracuse And Onondaga County

Is Everson Museum Of Art Of Syracuse And Onondaga County a legitimate charity?

Everson Museum Of Art Of Syracuse And Onondaga County (EIN: 150616499) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $5.0M. 2 red flags identified. 3 strengths noted. Financial health grade: B.

How does Everson Museum Of Art Of Syracuse And Onondaga County spend its money?

Everson Museum Of Art Of Syracuse And Onondaga County directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.

Are donations to Everson Museum Of Art Of Syracuse And Onondaga County tax-deductible?

Everson Museum Of Art Of Syracuse And Onondaga County is registered as a tax-exempt nonprofit (EIN: 150616499). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Everson Museum Of Art Of Syracuse And Onondaga County CEO make?

Everson Museum Of Art Of Syracuse And Onondaga County's highest-compensated officer earns $19 annually. The organization reported $5.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Everson Museum Of Art Of Syracuse And Onondaga County's spending goes to programs?

Everson Museum Of Art Of Syracuse And Onondaga County directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Everson Museum Of Art Of Syracuse And Onondaga County compare to similar nonprofits?

With a transparency score of 70/100 (Good), Everson Museum Of Art Of Syracuse And Onondaga County is above average for NTEE category A510 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Everson Museum Of Art Of Syracuse And Onondaga County located?

Everson Museum Of Art Of Syracuse And Onondaga County is headquartered in Syracuse, New York and files with the IRS under EIN 150616499. It is classified under NTEE code A510.

How many years of IRS 990 filings does Everson Museum Of Art Of Syracuse And Onondaga County have?

Everson Museum Of Art Of Syracuse And Onondaga County 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 $5.0M in total revenue.

Is Everson Museum Of Art Of Syracuse And Onondaga County a good charity?

The Everson Museum appears to be a financially stable organization with growing assets and a consistent history of operations. Its mission focus on art and culture is clear. However, the lack of reported executive compensation on its 990s is a significant transparency concern that prevents a full assessment of its governance and financial practices.

Why is officer compensation consistently reported as 0%?

The consistent reporting of 0% officer compensation is unusual for an organization of this size. It could mean that key leadership positions are filled by volunteers, compensation is paid through a related management entity not directly reported on the 990, or compensation is categorized differently (e.g., as general salaries) rather than specifically as 'officer compensation' on the form. This warrants further investigation for complete transparency.

What caused the large revenue spikes in 2018 and 2020?

The revenue spikes to $6,498,980 in 2018 and $14,076,901 in 2020 likely indicate significant one-time contributions, major grants, or capital campaign successes rather than typical operating income. These large inflows contributed substantially to the organization's asset growth during those periods.

Filing History

IRS 990 filing history for Everson Museum Of Art Of Syracuse And Onondaga County showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Everson Museum Of Art Of Syracuse And Onondaga County's revenue has grown by 30.2%, moving from $1.9M to $2.5M. Total assets increased by 435.4% over the same period, from $3.6M to $19.2M. Total functional expenses rose by 35.7%, from $2.2M to $3.0M. In its most recent filing year (2023), Everson Museum Of Art Of Syracuse And Onondaga County reported a deficit of $528K, with expenses exceeding revenue. The organization holds $639K in liabilities against $19.2M in assets (debt-to-asset ratio: 3.3%), resulting in net assets of $18.6M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $2.5M $3.0M $19.2M $639K
2022 $2.4M $2.5M $17.8M $350K View 990
2021 $2.3M $2.3M $20.8M $267K View 990
2020 $14.1M $2.1M $19.3M $266K View 990
2019 $2.4M $2.5M $7.3M $634K View 990
2018 $6.5M $2.6M $8.1M $1.4M View 990
2017 $2.7M $2.2M $3.0M $101K View 990
2016 $2.3M $2.0M $2.4M $96K View 990
2015 $1.9M $1.9M $2.1M $140K View 990
2014 $1.6M $1.6M $2.3M $254K View 990
2013 $1.9M $2.3M $2.4M $374K View 990
2012 $1.6M $2.1M $2.6M $148K View 990
2011 $1.9M $2.2M $3.6M $713K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $2.5M, expenses of $3.0M, and assets of $19.2M (revenue +4.8% year-over-year).
  • 2022: Revenue of $2.4M, expenses of $2.5M, and assets of $17.8M (revenue +5.5% year-over-year).
  • 2021: Revenue of $2.3M, expenses of $2.3M, and assets of $20.8M (revenue -83.8% year-over-year).
  • 2020: Revenue of $14.1M, expenses of $2.1M, and assets of $19.3M (revenue +493.9% year-over-year).
  • 2019: Revenue of $2.4M, expenses of $2.5M, and assets of $7.3M (revenue -63.5% year-over-year).
  • 2018: Revenue of $6.5M, expenses of $2.6M, and assets of $8.1M (revenue +140.7% year-over-year).
  • 2017: Revenue of $2.7M, expenses of $2.2M, and assets of $3.0M (revenue +18.2% year-over-year).
  • 2016: Revenue of $2.3M, expenses of $2.0M, and assets of $2.4M (revenue +22.4% year-over-year).
  • 2015: Revenue of $1.9M, expenses of $1.9M, and assets of $2.1M (revenue +13.6% year-over-year).
  • 2014: Revenue of $1.6M, expenses of $1.6M, and assets of $2.3M (revenue -11.5% year-over-year).
  • 2013: Revenue of $1.9M, expenses of $2.3M, and assets of $2.4M (revenue +14.6% year-over-year).
  • 2012: Revenue of $1.6M, expenses of $2.1M, and assets of $2.6M (revenue -16.2% year-over-year).
  • 2011: Revenue of $1.9M, expenses of $2.2M, and assets of $3.6M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Everson Museum Of Art Of Syracuse And Onondaga County:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Everson Museum Of Art Of Syracuse And Onondaga County 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.

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