Hmong Museum Of Minnesota
EIN: 471620897 · Saint Paul, MN · NTEE: A51
| Metric | Value |
|---|---|
| Total Revenue | $211K |
| Total Expenses | $113K |
| Net Assets | $88K |
Is Hmong Museum Of Minnesota Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hmong Museum Of Minnesota
Hmong Museum Of Minnesota (EIN: 471620897) is a nonprofit organization based in Saint Paul, MN, classified under NTEE code A51. The organization reported total revenue of $211K and total assets of $33K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hmong Museum Of Minnesota's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hmong Museum Of Minnesota is a small nonprofit that has been operating for 7 years, with 7 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 25.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $81K |
| Total Expenses | $113K |
| Surplus / Deficit | $-32,390 |
| Total Assets | $88K |
| Total Liabilities | $12 |
| Net Assets | $88K |
| Operating Margin | -40.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 9.4 months |
Financial Health Grade: B
In 2023, Hmong Museum Of Minnesota reported a deficit of $32K with expenses exceeding revenue, holds 9.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 7 years of filings (2016–2023), Hmong Museum Of Minnesota's revenue has grown at a compound annual growth rate (CAGR) of 25.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.2% | +37.2% | -26.8% |
| 2022 | -25.1% | -2.1% | +98.7% |
| 2021 | +352.1% | +49.7% | +81.0% |
| 2020 | -17.8% | +123.4% | -48.5% |
| 2019 | -10.8% | +9.9% | +7.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hmong Museum Of Minnesota has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hmong Museum Of Minnesota with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $32K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Hmong Museum Of Minnesota
Is Hmong Museum Of Minnesota a legitimate charity?
Based on AI analysis of IRS 990 filings, Hmong Museum Of Minnesota (EIN: 471620897) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hmong Museum Of Minnesota spend its money?
Detailed spending breakdown data is not yet available for Hmong Museum Of Minnesota. Check back for updated IRS 990 analysis.
Are donations to Hmong Museum Of Minnesota tax-deductible?
Hmong Museum Of Minnesota is registered as a tax-exempt nonprofit (EIN: 471620897). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hmong Museum Of Minnesota located?
Hmong Museum Of Minnesota is headquartered in Saint Paul, Minnesota and files with the IRS under EIN 471620897. It is classified under NTEE code A51.
How many years of IRS 990 filings does Hmong Museum Of Minnesota have?
Hmong Museum Of Minnesota 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. The most recent filing shows $211K in total revenue.
Filing History
IRS 990 filing history for Hmong Museum Of Minnesota showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2016–2023), Hmong Museum Of Minnesota's revenue has grown by 385.9%, moving from $17K to $81K. Total assets increased by 576.7% over the same period, from $13K to $88K. Total functional expenses rose by 3090.8%, from $4K to $113K. In its most recent filing year (2023), Hmong Museum Of Minnesota reported a deficit of $32K, with expenses exceeding revenue. The organization holds $12 in liabilities against $88K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $88K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $81K | $113K | $88K | $12 | — | — |
| 2022 | $83K | $83K | $121K | $0 | — | View 990 |
| 2021 | $112K | $84K | $61K | $0 | — | — |
| 2020 | $25K | $56K | $34K | $0 | — | View 990 |
| 2019 | $30K | $25K | $65K | $0 | — | View 990 |
| 2018 | $34K | $23K | $60K | $0 | — | View 990 |
| 2016 | $17K | $4K | $13K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $81K, expenses of $113K, and assets of $88K (revenue -3.2% year-over-year).
- 2022: Revenue of $83K, expenses of $83K, and assets of $121K (revenue -25.1% year-over-year).
- 2021: Revenue of $112K, expenses of $84K, and assets of $61K (revenue +352.1% year-over-year).
- 2020: Revenue of $25K, expenses of $56K, and assets of $34K (revenue -17.8% year-over-year).
- 2019: Revenue of $30K, expenses of $25K, and assets of $65K (revenue -10.8% year-over-year).
- 2018: Revenue of $34K, expenses of $23K, and assets of $60K (revenue +102.3% year-over-year).
- 2016: Revenue of $17K, expenses of $4K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hmong Museum Of Minnesota:
Data Sources and Methodology
This transparency report for Hmong Museum Of Minnesota 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.