Gordon Parks Museum Foundation
Gordon Parks Museum Foundation shows recent revenue growth and no executive compensation.
EIN: 203040993 · Fort Scott, KS · NTEE: A112 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $100K |
| Total Expenses | $49K |
| Program Spending | 80% |
| Net Assets | $51K |
| Transparency Score | 85/100 |
Is Gordon Parks Museum Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gordon Parks Museum Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gordon Parks Museum Foundation
Gordon Parks Museum Foundation (EIN: 203040993) is a nonprofit organization based in Fort Scott, KS, classified under NTEE code A112. The organization reported total revenue of $100K and total assets of $42K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gordon Parks Museum Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gordon Parks Museum Foundation is a micro 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 13.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $73K |
| Total Expenses | $49K |
| Surplus / Deficit | +$24K |
| Total Assets | $51K |
| Net Assets | $51K |
| Operating Margin | 33.3% |
| Months of Reserves | 12.6 months |
Financial Health Grade: A
In 2023, Gordon Parks Museum Foundation reported a surplus of $24K with revenue exceeding expenses, holds 12.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Gordon Parks Museum Foundation's revenue has grown at a compound annual growth rate (CAGR) of 13.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +31.2% | -26.2% | +91.2% |
| 2022 | -3.9% | +50.9% | -27.7% |
| 2021 | +100.0% | +133.8% | +62.8% |
| 2020 | +26.7% | -38.6% | +82.8% |
| 2019 | +60.7% | +89.2% | -37.8% |
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 Gordon Parks Museum Foundation 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, Gordon Parks Museum Foundation 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 $24K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that executive leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is highly efficient for a nonprofit of this size.
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.
Strengths
The following positive indicators were identified for Gordon Parks Museum Foundation:
- Consistent revenue growth in recent years (from $28,931 in 2020 to $72,958 in 2023).
- No reported liabilities across all filings, indicating strong financial health.
- 0% officer compensation, suggesting efficient use of funds for mission-related activities.
- Healthy asset growth, reaching $50,977 in 2023.
- Consistent IRS 990 filing history, demonstrating transparency.
Frequently Asked Questions about Gordon Parks Museum Foundation
Is Gordon Parks Museum Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Gordon Parks Museum Foundation (EIN: 203040993) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does Gordon Parks Museum Foundation spend its money?
Gordon Parks Museum Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Gordon Parks Museum Foundation tax-deductible?
Gordon Parks Museum Foundation is registered as a tax-exempt nonprofit (EIN: 203040993). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Gordon Parks Museum Foundation's spending goes to programs?
Gordon Parks Museum Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Gordon Parks Museum Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Gordon Parks Museum Foundation is above average for NTEE category A112 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Gordon Parks Museum Foundation located?
Gordon Parks Museum Foundation is headquartered in Fort Scott, Kansas and files with the IRS under EIN 203040993. It is classified under NTEE code A112.
How many years of IRS 990 filings does Gordon Parks Museum Foundation have?
Gordon Parks Museum Foundation 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 $100K in total revenue.
Is Gordon Parks Museum Foundation a good charity?
Based on the available financial data, the Gordon Parks Museum Foundation appears to be a well-managed charity. They have shown consistent growth in revenue, maintain a healthy asset base with no liabilities, and report no officer compensation, indicating efficient use of funds. Their program spending ratio is estimated to be strong.
How has the organization's revenue trended over the past few years?
The organization's revenue has shown a positive upward trend in recent years, increasing from $28,931 in 2020 to $72,958 in 2023, with a slight dip in 2022. This indicates growing support and financial capacity.
What is the organization's financial stability?
The Gordon Parks Museum Foundation demonstrates good financial stability. They consistently report $0 in liabilities and have grown their assets from $22,657 in 2020 to $50,977 in 2023, indicating a healthy reserve and ability to cover operational needs.
Filing History
IRS 990 filing history for Gordon Parks Museum Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Gordon Parks Museum Foundation's revenue has grown by 340.7%, moving from $17K to $73K. Total assets increased by 2445% over the same period, from $2K to $51K. Total functional expenses rose by 144.8%, from $20K to $49K. In its most recent filing year (2023), Gordon Parks Museum Foundation reported a surplus of $24K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $73K | $49K | $51K | $0 | — | — |
| 2022 | $56K | $66K | $27K | $0 | — | View 990 |
| 2021 | $58K | $44K | $37K | $0 | — | — |
| 2020 | $29K | $19K | $23K | $0 | — | — |
| 2019 | $23K | $30K | $12K | $0 | — | View 990 |
| 2018 | $14K | $16K | $20K | $0 | — | View 990 |
| 2017 | $19K | $16K | $22K | $0 | — | View 990 |
| 2016 | $16K | $17K | $19K | $0 | — | View 990 |
| 2015 | $26K | $22K | $20K | $0 | — | View 990 |
| 2014 | $27K | $28K | $16K | $0 | — | View 990 |
| 2013 | $25K | $21K | $17K | $0 | — | View 990 |
| 2012 | $23K | $12K | $12K | $0 | — | View 990 |
| 2011 | $17K | $20K | $2K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $73K, expenses of $49K, and assets of $51K (revenue +31.2% year-over-year).
- 2022: Revenue of $56K, expenses of $66K, and assets of $27K (revenue -3.9% year-over-year).
- 2021: Revenue of $58K, expenses of $44K, and assets of $37K (revenue +100.0% year-over-year).
- 2020: Revenue of $29K, expenses of $19K, and assets of $23K (revenue +26.7% year-over-year).
- 2019: Revenue of $23K, expenses of $30K, and assets of $12K (revenue +60.7% year-over-year).
- 2018: Revenue of $14K, expenses of $16K, and assets of $20K (revenue -24.4% year-over-year).
- 2017: Revenue of $19K, expenses of $16K, and assets of $22K (revenue +19.7% year-over-year).
- 2016: Revenue of $16K, expenses of $17K, and assets of $19K (revenue -39.6% year-over-year).
- 2015: Revenue of $26K, expenses of $22K, and assets of $20K (revenue -3.8% year-over-year).
- 2014: Revenue of $27K, expenses of $28K, and assets of $16K (revenue +8.8% year-over-year).
- 2013: Revenue of $25K, expenses of $21K, and assets of $17K (revenue +10.0% year-over-year).
- 2012: Revenue of $23K, expenses of $12K, and assets of $12K (revenue +36.4% year-over-year).
- 2011: Revenue of $17K, expenses of $20K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gordon Parks Museum Foundation:
Data Sources and Methodology
This transparency report for Gordon Parks Museum Foundation 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.