French American Museum Exchange Inc
French American Museum Exchange Inc reports consistent revenue but recent operating deficits, maintaining 0% officer compensation.
EIN: 204343950 · Essex, CT · NTEE: A20 · Updated: 2026-03-28
Source and Resolution Links
Finish the Investigation Outside Our Dataset
When the answer lives with the IRS, ProPublica, Candid, Charity Navigator, or the nonprofit itself, NonprofitSpending links out instead of trapping the user on a partial answer.
IRS tax-exempt lookup
Verify exemption status and deductibility directly with the IRS.
ProPublica 990 source
Open the raw filing record and filing PDFs outside NonprofitSpending.
Candid profile search
Look for GuideStar/Candid profile details, programs, leadership, and seals.
Charity Navigator search
Check whether another evaluator has ratings or impact context.
Workflow Engine
Queries We Should Resolve, Not Just Answer
Search Console demand points to task completion. Each workflow can run calculations, source checks, external lookups, comparisons, and report/export capture around this nonprofit.
Verify tax status Runnable
Triggered by: 501(c)(3), tax deductible, EIN
IRS status check plus source links
Find source filings Runnable
Triggered by: 990 PDF, annual report, filing record
13 stored filing years plus ProPublica source
Crunch money signals Runnable
Triggered by: program expense ratio, CEO salary, revenue, grants
80% program spend, health grade B
Compare alternatives Runnable
Triggered by: best charities, similar nonprofits, compare
4 peer options surfaced
Resolve leadership and board Runnable
Triggered by: executive team, trustees, officer pay
Use 990 compensation disclosures and external profile links.
Donation decision copilot Runnable
Triggered by: should I donate, give or compare, charity safety
Eligibility, money signals, sources, peer context, and next action.
Grantmaker due diligence Runnable
Triggered by: foundation review, grant risk, grantee capacity
Foundation-style packet across filings, finances, governance, and gaps.
Impact evidence finder Runnable
Triggered by: outcomes, annual report, cost effectiveness
Separate actual impact evidence from raw 990 financial cleanliness.
Room for more funding Runnable
Triggered by: would my donation help, funding gap, marginal impact
Revenue trend, runway, surplus/deficit, and source follow-ups.
Operator transparency diagnostic Runnable
Triggered by: how does my nonprofit look to donors
Profile, filing, impact, and transparency improvements to earn trust.
| Metric | Value |
|---|---|
| Total Revenue | $403K |
| Total Expenses | $566K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $400,000 |
| Net Assets | $1.8M |
| Transparency Score | 75/100 |
Search Intent Cockpit
French American Museum Exchange Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
French American Museum Exchange Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around French American Museum Exchange Inc in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $474K and expenses of $566K.
Revenue and Expenses
French American Museum Exchange Inc reported $474K in revenue and $566K in expenses, a deficit of $91K.
Executive Compensation
Top officer compensation appears as $400,000 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
75/100 mission score, 3 red flags, and 3 strengths are shown from structured and AI review.
Is French American Museum Exchange Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $453K (80%) |
Across stored filings, French American Museum Exchange Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 3 red flags identified |
| Mission spend | 80% to programs | Excellent |
| Financial durability | Grade B | 13 stored filing years |
| Peer context | Compare with Teen Center Of Wilton Inc | Connecticut and Arts & Culture context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Teen Center Of Wilton Inc →All Connecticut nonprofits
All Arts & Culture
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Essex, CT nonprofitsArts & Culture in Connecticut
Arts & Culture in Connecticut
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Arts & Culture spending
Best Arts & Culture charities in Connecticut
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Alternative Shopping
Similar Nonprofits Donors Should Compare
Lebanon Volunteer Fire Department
Lebanon, CT · $627K revenue · Score 95/100
Compare side-by-sideWestern Connecticut Chapter National Railway Historical Societ
Norwalk, CT · $21K revenue · Score 92/100
Compare side-by-sideConnecticut Hospitality Educational Association Inc
Wethersfield, CT · $116K revenue · Score 90/100
Compare side-by-sideConnecticut Apartment Association
West Hartford, CT · $725K revenue · Score 85/100
Compare side-by-sideNext Best Actions
Keep the Investigation Moving
Research Workflow
Turn this Form 990 profile into a donor-ready report
Request a concise report for French American Museum Exchange Inc with revenue, expenses, executive compensation, red flags, peer context, and IRS source links. You can also request CSV exports or watchlist updates for future filings.
Early access request only. Reports and exports are informational and based on public IRS records, not financial or legal advice.
French American Museum Exchange Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About French American Museum Exchange Inc
French American Museum Exchange Inc (EIN: 204343950) is a nonprofit organization based in Essex, CT, classified under NTEE code A20. The organization reported total revenue of $403K and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of French American Museum Exchange Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
French American Museum Exchange Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $474K |
| Total Expenses | $566K |
| Surplus / Deficit | $-91,481 |
| Total Assets | $2.1M |
| Total Liabilities | $326K |
| Net Assets | $1.8M |
| Operating Margin | -19.3% |
| Debt-to-Asset Ratio | 15.6% |
| Months of Reserves | 44.2 months |
Financial Health Grade: B
In 2023, French American Museum Exchange Inc reported a deficit of $91K with expenses exceeding revenue, holds 44.2 months of operating reserves (strong position), has a debt-to-asset ratio of 15.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), French American Museum Exchange Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.0% | +17.0% | +7.0% |
| 2022 | -18.4% | +41.5% | -15.0% |
| 2021 | +34.5% | +2.1% | +16.7% |
| 2020 | -6.3% | -16.5% | +10.9% |
| 2019 | +18.5% | +12.4% | +10.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
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 French American Museum Exchange Inc with a Mission Score of 75 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: 80%
- fundraising: 5%
According to IRS 990 filings, French American Museum Exchange Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $91K, with expenses exceeding revenue.
- Debt-to-asset ratio: 15.6%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly unusual for an organization with over $400,000 in annual revenue.
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 French American Museum Exchange Inc's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., $91,481 in 2023, $60,288 in 2022)
- Increasing liabilities, reaching $325,796 in 2023, which is a significant increase from previous years (e.g., $9,323 in 2019)
- Unusually high and consistent 0% officer compensation for an organization with over $400,000 in annual revenue, which may warrant further inquiry into how leadership is supported or compensated.
Strengths
The following positive indicators were identified for French American Museum Exchange Inc:
- Consistent reporting of 0% officer compensation, indicating a potentially volunteer-driven leadership or highly efficient use of funds.
- Steady growth in assets over the long term, demonstrating financial stability and resource accumulation.
- Long filing history (13 filings), suggesting consistent operation and compliance.
Frequently Asked Questions about French American Museum Exchange Inc
Is French American Museum Exchange Inc a legitimate charity?
French American Museum Exchange Inc (EIN: 204343950) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $403K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does French American Museum Exchange Inc spend its money?
French American Museum Exchange Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to French American Museum Exchange Inc tax-deductible?
French American Museum Exchange Inc is registered as a tax-exempt nonprofit (EIN: 204343950). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the French American Museum Exchange Inc CEO make?
French American Museum Exchange Inc's highest-compensated officer earns $400,000 annually. The organization reported $403K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of French American Museum Exchange Inc's spending goes to programs?
French American Museum Exchange Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does French American Museum Exchange Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), French American Museum Exchange Inc is above average for NTEE category A20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is French American Museum Exchange Inc located?
French American Museum Exchange Inc is headquartered in Essex, Connecticut and files with the IRS under EIN 204343950. It is classified under NTEE code A20.
How many years of IRS 990 filings does French American Museum Exchange Inc have?
French American Museum Exchange Inc 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 $403K in total revenue.
Is French American Museum Exchange Inc a good charity?
FAME exhibits strengths in its consistent mission focus and 0% officer compensation, suggesting a strong commitment to its cause. However, recent operating deficits and increasing liabilities warrant closer examination of its financial management and sustainability.
Why are expenses exceeding revenue in recent years?
In 2023, expenses were $565,800 against revenues of $474,319, resulting in a deficit of $91,481. Similarly, in 2022, expenses of $483,780 exceeded revenues of $423,492 by $60,288. The filings do not provide detailed explanations for these deficits, but they indicate that the organization is spending more than it is bringing in through its operations.
What is the trend in the organization's assets?
FAME's assets have generally grown over the past decade, from $1,496,140 in 2014 to a peak of $2,291,707 in 2021, before slightly decreasing to $2,084,403 in 2023. This indicates a healthy accumulation of resources over time, despite recent operational deficits.
How does the 0% officer compensation impact the organization?
The consistent 0% officer compensation suggests that the organization's top leadership is not drawing a salary from the organization, which can be viewed positively by donors as it implies more funds are directed towards the mission. However, it also raises questions about the sustainability of such a model for an organization of this size and the potential for hidden compensation or reliance on external support.
Filing History
IRS 990 filing history for French American Museum Exchange Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), French American Museum Exchange Inc's revenue has grown by 82%, moving from $261K to $474K. Total assets increased by 50.8% over the same period, from $1.4M to $2.1M. Total functional expenses fell by 16.8%, from $680K to $566K. In its most recent filing year (2023), French American Museum Exchange Inc reported a deficit of $91K, with expenses exceeding revenue. The organization holds $326K in liabilities against $2.1M in assets (debt-to-asset ratio: 15.6%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $474K | $566K | $2.1M | $326K | — | — |
| 2022 | $423K | $484K | $1.9M | $312K | — | View 990 |
| 2021 | $519K | $342K | $2.3M | $258K | — | View 990 |
| 2020 | $386K | $335K | $2.0M | $253K | — | — |
| 2019 | $412K | $401K | $1.8M | $9K | — | View 990 |
| 2018 | $348K | $357K | $1.6M | $16K | — | View 990 |
| 2017 | $371K | $254K | $1.7M | $38K | — | View 990 |
| 2016 | $243K | $269K | $1.5M | $11K | — | View 990 |
| 2015 | $207K | $241K | $1.4M | $13K | — | View 990 |
| 2014 | $221K | $239K | $1.5M | $20K | — | View 990 |
| 2013 | $242K | $591K | $1.5M | $11K | — | View 990 |
| 2012 | $898K | $579K | $1.9M | $16K | — | View 990 |
| 2011 | $261K | $680K | $1.4M | $32K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $474K, expenses of $566K, and assets of $2.1M (revenue +12.0% year-over-year).
- 2022: Revenue of $423K, expenses of $484K, and assets of $1.9M (revenue -18.4% year-over-year).
- 2021: Revenue of $519K, expenses of $342K, and assets of $2.3M (revenue +34.5% year-over-year).
- 2020: Revenue of $386K, expenses of $335K, and assets of $2.0M (revenue -6.3% year-over-year).
- 2019: Revenue of $412K, expenses of $401K, and assets of $1.8M (revenue +18.5% year-over-year).
- 2018: Revenue of $348K, expenses of $357K, and assets of $1.6M (revenue -6.3% year-over-year).
- 2017: Revenue of $371K, expenses of $254K, and assets of $1.7M (revenue +52.8% year-over-year).
- 2016: Revenue of $243K, expenses of $269K, and assets of $1.5M (revenue +17.1% year-over-year).
- 2015: Revenue of $207K, expenses of $241K, and assets of $1.4M (revenue -6.0% year-over-year).
- 2014: Revenue of $221K, expenses of $239K, and assets of $1.5M (revenue -8.9% year-over-year).
- 2013: Revenue of $242K, expenses of $591K, and assets of $1.5M (revenue -73.0% year-over-year).
- 2012: Revenue of $898K, expenses of $579K, and assets of $1.9M (revenue +244.7% year-over-year).
- 2011: Revenue of $261K, expenses of $680K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for French American Museum Exchange Inc:
Data Sources and Methodology
This transparency report for French American Museum Exchange 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.