Fairbanks Childrens Museum
EIN: 264095584 · Fairbanks, AK · NTEE: A50
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $631K |
| Net Assets | $476K |
Is Fairbanks Childrens Museum Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Fairbanks Childrens Museum
Fairbanks Childrens Museum (EIN: 264095584) is a nonprofit organization based in Fairbanks, AK, classified under NTEE code A50. The organization reported total revenue of $1.5M and total assets of $692K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fairbanks Childrens Museum's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fairbanks Childrens Museum is a mid-size nonprofit that has been operating for 15 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 29.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $697K |
| Total Expenses | $631K |
| Surplus / Deficit | +$66K |
| Total Assets | $497K |
| Total Liabilities | $21K |
| Net Assets | $476K |
| Operating Margin | 9.5% |
| Debt-to-Asset Ratio | 4.2% |
| Months of Reserves | 9.5 months |
Financial Health Grade: A
In 2023, Fairbanks Childrens Museum reported a surplus of $66K with revenue exceeding expenses, holds 9.5 months of operating reserves (strong position), has a debt-to-asset ratio of 4.2% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Fairbanks Childrens Museum's revenue has grown at a compound annual growth rate (CAGR) of 29.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +46.6% | +24.8% | +15.4% |
| 2022 | -1.0% | +21.2% | -3.3% |
| 2021 | +18.3% | +54.4% | +16.4% |
| 2020 | -4.5% | -39.4% | +62.4% |
| 2019 | -19.9% | -1.5% | -15.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fairbanks Childrens Museum has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Fairbanks Childrens Museum with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $66K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.2%.
Frequently Asked Questions about Fairbanks Childrens Museum
Is Fairbanks Childrens Museum a legitimate charity?
Fairbanks Childrens Museum (EIN: 264095584) is a registered tax-exempt nonprofit based in Alaska. It has 12 years of IRS 990 filings on record. Total revenue: $1.5M. No red flags identified. Financial health grade: A.
How does Fairbanks Childrens Museum spend its money?
Fairbanks Childrens Museum reported $1.5M in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Fairbanks Childrens Museum tax-deductible?
Fairbanks Childrens Museum is registered as a tax-exempt nonprofit (EIN: 264095584). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fairbanks Childrens Museum located?
Fairbanks Childrens Museum is headquartered in Fairbanks, Alaska and files with the IRS under EIN 264095584. It is classified under NTEE code A50.
How many years of IRS 990 filings does Fairbanks Childrens Museum have?
Fairbanks Childrens Museum has 12 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 $1.5M in total revenue.
Filing History
IRS 990 filing history for Fairbanks Childrens Museum showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Fairbanks Childrens Museum's revenue has grown by 1606.9%, moving from $41K to $697K. Total assets increased by 3471.1% over the same period, from $14K to $497K. Total functional expenses rose by 1709.4%, from $35K to $631K. In its most recent filing year (2023), Fairbanks Childrens Museum reported a surplus of $66K, with revenue exceeding expenses. The organization holds $21K in liabilities against $497K in assets (debt-to-asset ratio: 4.2%), resulting in net assets of $476K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $697K | $631K | $497K | $21K | — | View 990 |
| 2022 | $476K | $505K | $431K | $23K | — | View 990 |
| 2021 | $480K | $417K | $446K | $3K | — | View 990 |
| 2020 | $406K | $270K | $383K | $12K | — | View 990 |
| 2019 | $425K | $445K | $236K | $869 | — | View 990 |
| 2018 | $531K | $452K | $277K | $22K | — | View 990 |
| 2017 | $421K | $431K | $198K | $22K | — | View 990 |
| 2016 | $423K | $444K | $210K | $23K | — | View 990 |
| 2015 | $461K | $413K | $228K | $20K | — | View 990 |
| 2014 | $273K | $183K | $179K | $20K | — | View 990 |
| 2013 | $156K | $153K | $12K | $0 | — | View 990 |
| 2012 | $41K | $35K | $14K | $487 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $697K, expenses of $631K, and assets of $497K (revenue +46.6% year-over-year).
- 2022: Revenue of $476K, expenses of $505K, and assets of $431K (revenue -1.0% year-over-year).
- 2021: Revenue of $480K, expenses of $417K, and assets of $446K (revenue +18.3% year-over-year).
- 2020: Revenue of $406K, expenses of $270K, and assets of $383K (revenue -4.5% year-over-year).
- 2019: Revenue of $425K, expenses of $445K, and assets of $236K (revenue -19.9% year-over-year).
- 2018: Revenue of $531K, expenses of $452K, and assets of $277K (revenue +26.1% year-over-year).
- 2017: Revenue of $421K, expenses of $431K, and assets of $198K (revenue -0.6% year-over-year).
- 2016: Revenue of $423K, expenses of $444K, and assets of $210K (revenue -8.2% year-over-year).
- 2015: Revenue of $461K, expenses of $413K, and assets of $228K (revenue +68.7% year-over-year).
- 2014: Revenue of $273K, expenses of $183K, and assets of $179K (revenue +74.8% year-over-year).
- 2013: Revenue of $156K, expenses of $153K, and assets of $12K (revenue +282.7% year-over-year).
- 2012: Revenue of $41K, expenses of $35K, and assets of $14K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fairbanks Childrens Museum:
Data Sources and Methodology
This transparency report for Fairbanks Childrens 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.