Gichiagamiin Indigenous Nations Museum Inc
Gichiagamiin Indigenous Nations Museum Inc reports significant revenue growth and a substantial surplus in its latest fiscal year.
EIN: 200679235 · Evanston, IL · NTEE: A80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $395K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1.8 |
| Net Assets | $1.8M |
| Transparency Score | 90/100 |
Is Gichiagamiin Indigenous Nations Museum Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gichiagamiin Indigenous Nations Museum Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gichiagamiin Indigenous Nations Museum Inc
Gichiagamiin Indigenous Nations Museum Inc (EIN: 200679235) is a nonprofit organization based in Evanston, IL, classified under NTEE code A80. The organization reported total revenue of $1.1M and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gichiagamiin Indigenous Nations Museum Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gichiagamiin Indigenous Nations 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 18.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $898K |
| Total Expenses | $395K |
| Surplus / Deficit | +$503K |
| Total Assets | $1.8M |
| Total Liabilities | $39K |
| Net Assets | $1.8M |
| Operating Margin | 56.0% |
| Debt-to-Asset Ratio | 2.1% |
| Months of Reserves | 55.7 months |
Financial Health Grade: A
In 2023, Gichiagamiin Indigenous Nations Museum Inc reported a surplus of $503K with revenue exceeding expenses, holds 55.7 months of operating reserves (strong position), has a debt-to-asset ratio of 2.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Gichiagamiin Indigenous Nations Museum Inc's revenue has grown at a compound annual growth rate (CAGR) of 18.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +177.8% | +19.1% | +38.9% |
| 2022 | +50.7% | +50.2% | -1.8% |
| 2021 | +20.3% | +2.8% | +1.3% |
| 2020 | -3.8% | -12.2% | -2.7% |
| 2019 | -20.9% | +2.3% | -3.8% |
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 Gichiagamiin Indigenous Nations Museum Inc with a Mission Score of 90 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Gichiagamiin Indigenous Nations Museum Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $503K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly favorable for an organization of its size with assets reaching $1.8 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 Gichiagamiin Indigenous Nations Museum Inc's IRS 990 filings:
- Lack of detailed program spending breakdown in provided data
- Historical trend of expenses exceeding revenue in prior years (2015-2022) before the 2023 turnaround
Strengths
The following positive indicators were identified for Gichiagamiin Indigenous Nations Museum Inc:
- Significant revenue growth in the latest fiscal year (2023 revenue of $898,460)
- Substantial financial surplus in 2023 ($898,460 revenue vs. $395,028 expenses)
- Consistent reporting of 0% officer compensation across all filings
- Growing asset base, reaching $1,833,630 in 2023
- Low liabilities relative to assets ($38,669 in 2023)
Frequently Asked Questions about Gichiagamiin Indigenous Nations Museum Inc
Is Gichiagamiin Indigenous Nations Museum Inc a legitimate charity?
Gichiagamiin Indigenous Nations Museum Inc (EIN: 200679235) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.1M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Gichiagamiin Indigenous Nations Museum Inc spend its money?
Gichiagamiin Indigenous Nations Museum Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Gichiagamiin Indigenous Nations Museum Inc tax-deductible?
Gichiagamiin Indigenous Nations Museum Inc is registered as a tax-exempt nonprofit (EIN: 200679235). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Gichiagamiin Indigenous Nations Museum Inc CEO make?
Gichiagamiin Indigenous Nations Museum Inc's highest-compensated officer earns $1.8 annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Gichiagamiin Indigenous Nations Museum Inc's spending goes to programs?
Gichiagamiin Indigenous Nations Museum Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Gichiagamiin Indigenous Nations Museum Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Gichiagamiin Indigenous Nations Museum Inc is above average for NTEE category A80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Gichiagamiin Indigenous Nations Museum Inc located?
Gichiagamiin Indigenous Nations Museum Inc is headquartered in Evanston, Illinois and files with the IRS under EIN 200679235. It is classified under NTEE code A80.
How many years of IRS 990 filings does Gichiagamiin Indigenous Nations Museum Inc have?
Gichiagamiin Indigenous Nations 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 $1.1M in total revenue.
Is Gichiagamiin Indigenous Nations Museum Inc a good charity?
Based on the available data, Gichiagamiin Indigenous Nations Museum Inc appears to be a good charity. It demonstrates strong financial health with a significant surplus in 2023 ($898,460 revenue vs. $395,028 expenses), growing assets, and a clear commitment to its mission by reporting 0% officer compensation.
What caused the significant revenue increase in 2023?
The provided data does not specify the exact cause of the revenue increase from $323,399 in 2022 to $898,460 in 2023. Further investigation into their 990 filing would be needed to identify the sources, such as large grants, increased donations, or successful fundraising campaigns.
How does the organization manage its program expenses?
While specific program expense details are not provided, the overall expense structure, especially with 0% officer compensation, suggests a focus on directing funds towards operational and programmatic activities. The significant surplus in 2023 indicates efficient management of resources relative to income.
Filing History
IRS 990 filing history for Gichiagamiin Indigenous Nations Museum Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Gichiagamiin Indigenous Nations Museum Inc's revenue has grown by 654.4%, moving from $119K to $898K. Total assets increased by 30.5% over the same period, from $1.4M to $1.8M. Total functional expenses rose by 48.9%, from $265K to $395K. In its most recent filing year (2023), Gichiagamiin Indigenous Nations Museum Inc reported a surplus of $503K, with revenue exceeding expenses. The organization holds $39K in liabilities against $1.8M in assets (debt-to-asset ratio: 2.1%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $898K | $395K | $1.8M | $39K | — | — |
| 2022 | $323K | $332K | $1.3M | $43K | — | — |
| 2021 | $215K | $221K | $1.3M | $37K | — | View 990 |
| 2020 | $178K | $215K | $1.3M | $14K | — | — |
| 2019 | $185K | $245K | $1.4M | $15K | — | View 990 |
| 2018 | $234K | $239K | $1.4M | $10K | — | View 990 |
| 2017 | $233K | $236K | $1.4M | $9K | — | View 990 |
| 2016 | $231K | $361K | $1.4M | $15K | — | View 990 |
| 2015 | $310K | $373K | $1.6M | $6K | — | View 990 |
| 2014 | $325K | $300K | $1.6M | $15K | — | View 990 |
| 2013 | $483K | $256K | $1.6M | $9K | — | View 990 |
| 2012 | $232K | $262K | $1.4M | $8K | — | View 990 |
| 2011 | $119K | $265K | $1.4M | $19K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $898K, expenses of $395K, and assets of $1.8M (revenue +177.8% year-over-year).
- 2022: Revenue of $323K, expenses of $332K, and assets of $1.3M (revenue +50.7% year-over-year).
- 2021: Revenue of $215K, expenses of $221K, and assets of $1.3M (revenue +20.3% year-over-year).
- 2020: Revenue of $178K, expenses of $215K, and assets of $1.3M (revenue -3.8% year-over-year).
- 2019: Revenue of $185K, expenses of $245K, and assets of $1.4M (revenue -20.9% year-over-year).
- 2018: Revenue of $234K, expenses of $239K, and assets of $1.4M (revenue +0.4% year-over-year).
- 2017: Revenue of $233K, expenses of $236K, and assets of $1.4M (revenue +1.0% year-over-year).
- 2016: Revenue of $231K, expenses of $361K, and assets of $1.4M (revenue -25.4% year-over-year).
- 2015: Revenue of $310K, expenses of $373K, and assets of $1.6M (revenue -4.6% year-over-year).
- 2014: Revenue of $325K, expenses of $300K, and assets of $1.6M (revenue -32.7% year-over-year).
- 2013: Revenue of $483K, expenses of $256K, and assets of $1.6M (revenue +108.4% year-over-year).
- 2012: Revenue of $232K, expenses of $262K, and assets of $1.4M (revenue +94.7% year-over-year).
- 2011: Revenue of $119K, expenses of $265K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gichiagamiin Indigenous Nations Museum Inc:
Data Sources and Methodology
This transparency report for Gichiagamiin Indigenous Nations 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.