Houston Museum Of African American Culture
EIN: 311749060 · Houston, TX · NTEE: A54
| Metric | Value |
|---|---|
| Total Revenue | $872K |
| Total Expenses | $901K |
| Net Assets | $347K |
Is Houston Museum Of African American Culture Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Houston Museum Of African American Culture
Houston Museum Of African American Culture (EIN: 311749060) is a nonprofit organization based in Houston, TX, classified under NTEE code A54. The organization reported total revenue of $872K and total assets of $373K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Houston Museum Of African American Culture's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Houston Museum Of African American Culture is a small nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2010–2022). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $872K |
| Total Expenses | $901K |
| Surplus / Deficit | $-29,586 |
| Total Assets | $373K |
| Total Liabilities | $26K |
| Net Assets | $347K |
| Operating Margin | -3.4% |
| Debt-to-Asset Ratio | 7.0% |
| Months of Reserves | 5.0 months |
Financial Health Grade: B
In 2022, Houston Museum Of African American Culture reported a deficit of $30K with expenses exceeding revenue, holds 5.0 months of operating reserves (adequate), has a debt-to-asset ratio of 7.0% (very low leverage).
Financial Trends
Over 13 years of filings (2010–2022), Houston Museum Of African American Culture's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -36.7% | +12.5% | -8.7% |
| 2021 | +291.1% | +78.2% | +191.0% |
| 2020 | -52.2% | -30.9% | +2.9% |
| 2019 | +31.4% | +19.9% | +531.4% |
| 2018 | +2.3% | -6.1% | -20.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Houston Museum Of African American Culture 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 Houston Museum Of African American Culture 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $30K, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.0%.
Frequently Asked Questions about Houston Museum Of African American Culture
Is Houston Museum Of African American Culture a legitimate charity?
Houston Museum Of African American Culture (EIN: 311749060) is a registered tax-exempt nonprofit based in Texas. It has 13 years of IRS 990 filings on record. Total revenue: $872K. No red flags identified. Financial health grade: B.
How does Houston Museum Of African American Culture spend its money?
Houston Museum Of African American Culture reported $872K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Houston Museum Of African American Culture tax-deductible?
Houston Museum Of African American Culture is registered as a tax-exempt nonprofit (EIN: 311749060). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Houston Museum Of African American Culture located?
Houston Museum Of African American Culture is headquartered in Houston, Texas and files with the IRS under EIN 311749060. It is classified under NTEE code A54.
How many years of IRS 990 filings does Houston Museum Of African American Culture have?
Houston Museum Of African American Culture 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 $872K in total revenue.
Filing History
IRS 990 filing history for Houston Museum Of African American Culture showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2022), Houston Museum Of African American Culture's revenue has grown by 28.1%, moving from $680K to $872K. Total assets decreased by 82% over the same period, from $2.1M to $373K. Total functional expenses fell by 11.1%, from $1.0M to $901K. In its most recent filing year (2022), Houston Museum Of African American Culture reported a deficit of $30K, with expenses exceeding revenue. The organization holds $26K in liabilities against $373K in assets (debt-to-asset ratio: 7.0%), resulting in net assets of $347K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $872K | $901K | $373K | $26K | — | View 990 |
| 2021 | $1.4M | $801K | $408K | $32K | — | View 990 |
| 2020 | $352K | $450K | $140K | $241K | — | View 990 |
| 2019 | $737K | $651K | $136K | $251K | — | View 990 |
| 2018 | $561K | $543K | $22K | $260K | — | View 990 |
| 2017 | $548K | $579K | $27K | $287K | — | View 990 |
| 2016 | $808K | $809K | $42K | $271K | — | View 990 |
| 2015 | $585K | $558K | $46K | $302K | — | View 990 |
| 2014 | $633K | $740K | $1.9M | $1.3M | — | View 990 |
| 2013 | $455K | $522K | $2.0M | $1.2M | — | View 990 |
| 2012 | $470K | $496K | $2.0M | $1.2M | — | View 990 |
| 2011 | $1.5M | $518K | $2.0M | $1.2M | — | View 990 |
| 2010 | $680K | $1.0M | $2.1M | $2.2M | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $872K, expenses of $901K, and assets of $373K (revenue -36.7% year-over-year).
- 2021: Revenue of $1.4M, expenses of $801K, and assets of $408K (revenue +291.1% year-over-year).
- 2020: Revenue of $352K, expenses of $450K, and assets of $140K (revenue -52.2% year-over-year).
- 2019: Revenue of $737K, expenses of $651K, and assets of $136K (revenue +31.4% year-over-year).
- 2018: Revenue of $561K, expenses of $543K, and assets of $22K (revenue +2.3% year-over-year).
- 2017: Revenue of $548K, expenses of $579K, and assets of $27K (revenue -32.1% year-over-year).
- 2016: Revenue of $808K, expenses of $809K, and assets of $42K (revenue +38.0% year-over-year).
- 2015: Revenue of $585K, expenses of $558K, and assets of $46K (revenue -7.6% year-over-year).
- 2014: Revenue of $633K, expenses of $740K, and assets of $1.9M (revenue +39.1% year-over-year).
- 2013: Revenue of $455K, expenses of $522K, and assets of $2.0M (revenue -3.2% year-over-year).
- 2012: Revenue of $470K, expenses of $496K, and assets of $2.0M (revenue -67.6% year-over-year).
- 2011: Revenue of $1.5M, expenses of $518K, and assets of $2.0M (revenue +113.3% year-over-year).
- 2010: Revenue of $680K, expenses of $1.0M, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Houston Museum Of African American Culture:
Data Sources and Methodology
This transparency report for Houston Museum Of African American Culture 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.