Hudson River Museum Of Westchester
Hudson River Museum Of Westchester shows strong asset growth and zero reported officer compensation.
EIN: 132670081 · Yonkers, NY · NTEE: A510 · Updated: 2026-03-28
Is Hudson River Museum Of Westchester Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hudson River Museum Of Westchester directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hudson River Museum Of Westchester
Hudson River Museum Of Westchester (EIN: 132670081) is a nonprofit organization based in Yonkers, NY, classified under NTEE code A510. The organization reported total revenue of $5.0M and total assets of $12.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hudson River Museum Of Westchester's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hudson River Museum Of Westchester 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Hudson River Museum Of Westchester allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is exceptional for an organization of this size with revenues consistently in the multi-million dollar range. This indicates either a fully volunteer leadership or that compensation is covered by other means not reported as officer compensation, but it strongly suggests a commitment to minimizing administrative overhead.
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 Hudson River Museum Of Westchester:
- Exceptional transparency with 0% reported officer compensation across all filings.
- Significant growth in assets, from $3,785,078 in 202206 to $12,843,284 currently.
- Consistent positive operating margins in recent years (e.g., 202306 revenue $3,415,725 vs. expenses $3,070,374).
- Stable revenue streams consistently in the multi-million dollar range.
- Manageable liabilities relative to growing asset base.
Frequently Asked Questions about Hudson River Museum Of Westchester
Is Hudson River Museum Of Westchester a legitimate charity?
Based on AI analysis of IRS 990 filings, Hudson River Museum Of Westchester (EIN: 132670081) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Hudson River Museum Of Westchester spend its money?
Hudson River Museum Of Westchester directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hudson River Museum Of Westchester tax-deductible?
Hudson River Museum Of Westchester is registered as a tax-exempt nonprofit (EIN: 132670081). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Hudson River Museum Of Westchester a good charity?
Based on the available financial data, the Hudson River Museum Of Westchester appears to be a very good charity. It demonstrates strong financial health, responsible spending, and exceptional transparency regarding executive compensation (0% reported).
How has the organization's asset base changed over time?
The organization's asset base has shown significant growth, particularly in recent years. It increased from $3,785,078 in 202206 to $9,479,062 in 202306, and further to $12,843,284 in the latest available data, indicating successful financial management or capital campaigns.
What is the trend in revenue versus expenses?
Revenues have generally exceeded or closely matched expenses in most periods, such as $3,415,725 revenue vs. $3,070,374 expenses in 202306, indicating a sustainable operating model. There were a few periods (e.g., 202006, 201906, 201706, 201606) where expenses slightly surpassed revenue, but these appear to be exceptions rather than a consistent trend.
Filing History
IRS 990 filing history for Hudson River Museum Of Westchester showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hudson River Museum Of Westchester's revenue has grown by 45.7%, moving from $2.3M to $3.4M. Total assets increased by 134.8% over the same period, from $4.0M to $9.5M. Total functional expenses rose by 16.2%, from $2.6M to $3.1M. In its most recent filing year (2023), Hudson River Museum Of Westchester reported a surplus of $345K, with revenue exceeding expenses. The organization holds $802K in liabilities against $9.5M in assets (debt-to-asset ratio: 8.5%), resulting in net assets of $8.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.4M | $3.1M | $9.5M | $802K | — | — |
| 2022 | $3.3M | $2.9M | $3.8M | $1.1M | — | View 990 |
| 2021 | $3.3M | $2.6M | $4.2M | $1.3M | — | View 990 |
| 2020 | $2.2M | $2.7M | $3.2M | $1.2M | — | View 990 |
| 2019 | $2.8M | $3.0M | $3.4M | $1.1M | — | View 990 |
| 2018 | $2.9M | $2.6M | $3.9M | $1.3M | — | View 990 |
| 2017 | $2.4M | $2.6M | $3.3M | $1.1M | — | View 990 |
| 2016 | $2.4M | $2.8M | $3.4M | $1.2M | — | View 990 |
| 2015 | $2.9M | $2.7M | $4.1M | $1.6M | — | View 990 |
| 2014 | $3.0M | $2.9M | $4.2M | $1.7M | — | View 990 |
| 2013 | $2.2M | $2.8M | $3.6M | $1.3M | — | View 990 |
| 2012 | $2.4M | $2.7M | $3.9M | $1.0M | — | View 990 |
| 2011 | $2.3M | $2.6M | $4.0M | $860K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.4M, expenses of $3.1M, and assets of $9.5M (revenue +4.0% year-over-year).
- 2022: Revenue of $3.3M, expenses of $2.9M, and assets of $3.8M (revenue -1.6% year-over-year).
- 2021: Revenue of $3.3M, expenses of $2.6M, and assets of $4.2M (revenue +48.5% year-over-year).
- 2020: Revenue of $2.2M, expenses of $2.7M, and assets of $3.2M (revenue -19.4% year-over-year).
- 2019: Revenue of $2.8M, expenses of $3.0M, and assets of $3.4M (revenue -4.0% year-over-year).
- 2018: Revenue of $2.9M, expenses of $2.6M, and assets of $3.9M (revenue +22.2% year-over-year).
- 2017: Revenue of $2.4M, expenses of $2.6M, and assets of $3.3M (revenue -1.8% year-over-year).
- 2016: Revenue of $2.4M, expenses of $2.8M, and assets of $3.4M (revenue -16.7% year-over-year).
- 2015: Revenue of $2.9M, expenses of $2.7M, and assets of $4.1M (revenue -4.8% year-over-year).
- 2014: Revenue of $3.0M, expenses of $2.9M, and assets of $4.2M (revenue +36.8% year-over-year).
- 2013: Revenue of $2.2M, expenses of $2.8M, and assets of $3.6M (revenue -8.4% year-over-year).
- 2012: Revenue of $2.4M, expenses of $2.7M, and assets of $3.9M (revenue +3.7% year-over-year).
- 2011: Revenue of $2.3M, expenses of $2.6M, and assets of $4.0M.
Data Sources and Methodology
This transparency report for Hudson River Museum Of Westchester 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.