Fuller Craft Museum Inc
Fuller Craft Museum Inc. maintains stable finances with significant asset growth and no reported officer compensation.
EIN: 203069102 · Brockton, MA · NTEE: A50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $1.6M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1.5 |
| Net Assets | $10.2M |
| Transparency Score | 85/100 |
Is Fuller Craft Museum Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fuller Craft Museum Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fuller Craft Museum Inc
Fuller Craft Museum Inc (EIN: 203069102) is a nonprofit organization based in Brockton, MA, classified under NTEE code A50. The organization reported total revenue of $2.1M and total assets of $11.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fuller Craft Museum Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fuller Craft Museum Inc is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$36K |
| Total Assets | $10.2M |
| Total Liabilities | $83K |
| Net Assets | $10.2M |
| Operating Margin | 2.3% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 77.8 months |
Financial Health Grade: A
In 2023, Fuller Craft Museum Inc reported a surplus of $36K with revenue exceeding expenses, holds 77.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Fuller Craft Museum Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.9% | -0.1% | +4.4% |
| 2022 | +5.9% | +21.2% | -16.7% |
| 2021 | -4.2% | -5.5% | +19.8% |
| 2020 | -19.6% | -4.3% | +239.5% |
| 2019 | +55.4% | -3.1% | +18.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Fuller Craft Museum Inc with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Fuller Craft Museum 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 surplus of $36K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.8%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available filings is notable for an organization with revenues exceeding $1.5 million. This either indicates that no officers receive compensation or that their compensation is categorized differently, which would require further detail from the full 990 to fully understand.
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 Fuller Craft Museum Inc's IRS 990 filings:
- Lack of detailed program/admin/fundraising expense breakdown in provided data
- Unclear reporting of executive compensation (0% reported consistently without further explanation)
Strengths
The following positive indicators were identified for Fuller Craft Museum Inc:
- Strong asset growth over the past decade (from $2.2M to over $10M)
- Consistent revenue generation, generally covering expenses
- Very low liabilities relative to assets, indicating strong financial health
- Clear mission focus as a museum (NTEE A50)
- Positive net income in most recent filing periods (e.g., $1,614,741 revenue vs. $1,578,246 expenses in 202306)
Frequently Asked Questions about Fuller Craft Museum Inc
Is Fuller Craft Museum Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Fuller Craft Museum Inc (EIN: 203069102) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does Fuller Craft Museum Inc spend its money?
Fuller Craft Museum Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Fuller Craft Museum Inc tax-deductible?
Fuller Craft Museum Inc is registered as a tax-exempt nonprofit (EIN: 203069102). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Fuller Craft Museum Inc CEO make?
Fuller Craft Museum Inc's highest-compensated officer earns $1.5 annually. The organization reported $2.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Fuller Craft Museum Inc's spending goes to programs?
Fuller Craft Museum Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Fuller Craft Museum Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Fuller Craft Museum Inc is above average for NTEE category A50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Fuller Craft Museum Inc located?
Fuller Craft Museum Inc is headquartered in Brockton, Massachusetts and files with the IRS under EIN 203069102. It is classified under NTEE code A50.
How many years of IRS 990 filings does Fuller Craft Museum Inc have?
Fuller Craft Museum 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 $2.1M in total revenue.
Is Fuller Craft Museum Inc. financially stable?
Yes, the organization appears financially stable, consistently generating revenues that cover expenses in most recent years and demonstrating significant asset growth from $2.2M in 2014 to over $10M in 2023.
How does Fuller Craft Museum Inc. manage its liabilities?
The museum manages its liabilities very well, consistently maintaining low liabilities relative to its assets. For example, in 202306, liabilities were only $82,570 against assets of $10,235,062.
What is the trend in the museum's revenue?
The museum's revenue has shown fluctuations but a general upward trend over the past decade, from $758,363 in 2014 to $1,614,741 in 2023, with a peak of $1,867,274 in 2019.
Why is officer compensation reported as 0%?
The filings consistently show 0% officer compensation. This could mean that officers are unpaid, or their compensation is reported under other expense categories, which would require reviewing the full 990 for clarification.
Filing History
IRS 990 filing history for Fuller Craft Museum Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Fuller Craft Museum Inc's revenue has declined by 1.2%, moving from $1.6M to $1.6M. Total assets increased by 238.2% over the same period, from $3.0M to $10.2M. Total functional expenses fell by 6.4%, from $1.7M to $1.6M. In its most recent filing year (2023), Fuller Craft Museum Inc reported a surplus of $36K, with revenue exceeding expenses. The organization holds $83K in liabilities against $10.2M in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $10.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.6M | $10.2M | $83K | — | — |
| 2022 | $1.5M | $1.6M | $9.8M | $93K | — | View 990 |
| 2021 | $1.4M | $1.3M | $11.8M | $173K | — | View 990 |
| 2020 | $1.5M | $1.4M | $9.8M | $312K | — | View 990 |
| 2019 | $1.9M | $1.4M | $2.9M | $105K | — | View 990 |
| 2018 | $1.2M | $1.5M | $2.5M | $164K | — | View 990 |
| 2017 | $685K | $1.4M | $2.6M | $60K | — | — |
| 2016 | $1.7M | $1.3M | $3.0M | $82K | — | View 990 |
| 2015 | $937K | $1.1M | $2.4M | $151K | — | View 990 |
| 2014 | $758K | $1.0M | $2.3M | $167K | — | View 990 |
| 2013 | $566K | $1.1M | $2.4M | $210K | — | View 990 |
| 2012 | $1.0M | $1.7M | $2.8M | $256K | — | View 990 |
| 2011 | $1.6M | $1.7M | $3.0M | $181K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.6M, and assets of $10.2M (revenue +5.9% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.6M, and assets of $9.8M (revenue +5.9% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.3M, and assets of $11.8M (revenue -4.2% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.4M, and assets of $9.8M (revenue -19.6% year-over-year).
- 2019: Revenue of $1.9M, expenses of $1.4M, and assets of $2.9M (revenue +55.4% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.5M, and assets of $2.5M (revenue +75.5% year-over-year).
- 2017: Revenue of $685K, expenses of $1.4M, and assets of $2.6M (revenue -59.2% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.3M, and assets of $3.0M (revenue +79.1% year-over-year).
- 2015: Revenue of $937K, expenses of $1.1M, and assets of $2.4M (revenue +23.6% year-over-year).
- 2014: Revenue of $758K, expenses of $1.0M, and assets of $2.3M (revenue +34.1% year-over-year).
- 2013: Revenue of $566K, expenses of $1.1M, and assets of $2.4M (revenue -44.2% year-over-year).
- 2012: Revenue of $1.0M, expenses of $1.7M, and assets of $2.8M (revenue -38.0% year-over-year).
- 2011: Revenue of $1.6M, expenses of $1.7M, and assets of $3.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fuller Craft Museum Inc:
Data Sources and Methodology
This transparency report for Fuller Craft 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.