Favell Museum Inc
Favell Museum Inc. consistently operates at a deficit, relying on substantial assets to cover expenses.
EIN: 200524744 · Klamath Falls, OR · NTEE: A51 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $241K |
| Program Spending | 75% |
| CEO/Top Officer Pay | $5.5 |
| Net Assets | $5.5M |
| Transparency Score | 65/100 |
Is Favell Museum Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Favell Museum Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Favell Museum Inc
Favell Museum Inc (EIN: 200524744) is a nonprofit organization based in Klamath Falls, OR, classified under NTEE code A51. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Favell Museum Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Favell Museum Inc is a small nonprofit that has been operating for 4 years, with 7 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 8.9%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $182K |
| Total Expenses | $241K |
| Surplus / Deficit | $-59,165 |
| Total Assets | $5.5M |
| Total Liabilities | $72K |
| Net Assets | $5.5M |
| Operating Margin | -32.6% |
| Debt-to-Asset Ratio | 1.3% |
| Months of Reserves | 275.8 months |
Financial Health Grade: B
In 2022, Favell Museum Inc reported a deficit of $59K with expenses exceeding revenue, holds 275.8 months of operating reserves (strong position), has a debt-to-asset ratio of 1.3% (very low leverage).
Financial Trends
Over 7 years of filings (2011–2022), Favell Museum Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -46.3% | -7.3% | -1.3% |
| 2021 | +8.1% | -11.3% | +1.1% |
| 2019 | +32.1% | +19.7% | -2.7% |
| 2014 | +65.8% | +8.3% | -0.9% |
| 2013 | -8.7% | +20.2% | -1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
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 Favell Museum Inc with a Mission Score of 65 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, Favell Museum Inc 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $59K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.3%.
Executive Compensation Analysis
Favell Museum Inc. reports 0% officer compensation across all available filings, suggesting that executive leadership may be volunteer-based or compensated through non-officer roles, which is positive for minimizing overhead costs relative to its asset base of over $5.5 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.
Red Flags
The following concerns were identified during AI analysis of Favell Museum Inc's IRS 990 filings:
- Consistent operational deficits, with expenses frequently exceeding revenue (e.g., $240,783 expenses vs. $181,618 revenue in 2022).
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering a full assessment of spending efficiency.
Strengths
The following positive indicators were identified for Favell Museum Inc:
- Strong asset base, consistently over $5.5 million, providing financial stability.
- No reported officer compensation, indicating low executive overhead.
- Positive revenue growth in some periods (e.g., $71,275 in 2011 to $338,144 in 2021).
Frequently Asked Questions about Favell Museum Inc
Is Favell Museum Inc a legitimate charity?
Favell Museum Inc (EIN: 200524744) is a registered tax-exempt nonprofit based in Oregon. Our AI analysis gives it a Mission Score of 65/100. It has 7 years of IRS 990 filings on record. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Favell Museum Inc spend its money?
Favell Museum Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Favell Museum Inc tax-deductible?
Favell Museum Inc is registered as a tax-exempt nonprofit (EIN: 200524744). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Favell Museum Inc CEO make?
Favell Museum Inc's highest-compensated officer earns $5.5 annually. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Favell Museum Inc's spending goes to programs?
Favell Museum Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Favell Museum Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Favell Museum Inc is above average for NTEE category A51 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Favell Museum Inc located?
Favell Museum Inc is headquartered in Klamath Falls, Oregon and files with the IRS under EIN 200524744. It is classified under NTEE code A51.
How many years of IRS 990 filings does Favell Museum Inc have?
Favell Museum Inc has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
How does Favell Museum Inc. cover its consistent operational deficits?
The organization likely covers its operational deficits by drawing from its substantial asset base, which has consistently been over $5.5 million, or through investment income not explicitly detailed in the provided revenue figures.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided summary data does not offer a detailed breakdown of how expenses are allocated between programs, administration, and fundraising, making it difficult to assess spending efficiency beyond the overall revenue-expense comparison.
Is the organization's reliance on assets for operational costs sustainable long-term?
While the organization has significant assets, a consistent pattern of expenses exceeding revenue (e.g., $240,783 expenses vs. $181,618 revenue in 2022) suggests that this reliance may not be sustainable indefinitely without a strategy to increase revenue or reduce expenses.
Filing History
IRS 990 filing history for Favell Museum Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2022), Favell Museum Inc's revenue has grown by 154.8%, moving from $71K to $182K. Total assets decreased by 7.4% over the same period, from $6.0M to $5.5M. Total functional expenses rose by 23%, from $196K to $241K. In its most recent filing year (2022), Favell Museum Inc reported a deficit of $59K, with expenses exceeding revenue. The organization holds $72K in liabilities against $5.5M in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $5.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $182K | $241K | $5.5M | $72K | — | View 990 |
| 2021 | $338K | $260K | $5.6M | $78K | — | View 990 |
| 2019 | $313K | $293K | $5.5M | $90K | — | View 990 |
| 2014 | $237K | $245K | $5.7M | $184K | — | View 990 |
| 2013 | $143K | $226K | $5.7M | $189K | — | View 990 |
| 2012 | $156K | $188K | $5.8M | $194K | — | View 990 |
| 2011 | $71K | $196K | $6.0M | $199K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $182K, expenses of $241K, and assets of $5.5M (revenue -46.3% year-over-year).
- 2021: Revenue of $338K, expenses of $260K, and assets of $5.6M (revenue +8.1% year-over-year).
- 2019: Revenue of $313K, expenses of $293K, and assets of $5.5M (revenue +32.1% year-over-year).
- 2014: Revenue of $237K, expenses of $245K, and assets of $5.7M (revenue +65.8% year-over-year).
- 2013: Revenue of $143K, expenses of $226K, and assets of $5.7M (revenue -8.7% year-over-year).
- 2012: Revenue of $156K, expenses of $188K, and assets of $5.8M (revenue +119.6% year-over-year).
- 2011: Revenue of $71K, expenses of $196K, and assets of $6.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Favell Museum Inc:
Data Sources and Methodology
This transparency report for Favell Museum 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.