Intrepid Museum Foundation Inc
Intrepid Museum Foundation maintains stable assets and zero officer compensation despite fluctuating revenues.
EIN: 133062419 · New York, NY · NTEE: A500 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $46.0M |
| Total Expenses | $34.7M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $90 |
| Net Assets | $65.4M |
| Transparency Score | 85/100 |
Is Intrepid Museum Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Intrepid Museum Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Intrepid Museum Foundation Inc
Intrepid Museum Foundation Inc (EIN: 133062419) is a nonprofit organization based in New York, NY, classified under NTEE code A500. The organization reported total revenue of $46.0M and total assets of $91.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Intrepid Museum Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Intrepid Museum Foundation Inc is a large nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $30.8M |
| Total Expenses | $34.7M |
| Surplus / Deficit | $-3,905,238 |
| Total Assets | $89.4M |
| Total Liabilities | $24.0M |
| Net Assets | $65.4M |
| Operating Margin | -12.7% |
| Debt-to-Asset Ratio | 26.8% |
| Months of Reserves | 30.9 months |
Financial Health Grade: B
In 2023, Intrepid Museum Foundation Inc reported a deficit of $3.9M with expenses exceeding revenue, holds 30.9 months of operating reserves (strong position), has a debt-to-asset ratio of 26.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2012–2023), Intrepid Museum Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.8% | +10.5% | -3.1% |
| 2022 | +31.1% | +34.0% | -14.0% |
| 2021 | +156.4% | -4.4% | +13.3% |
| 2020 | -71.6% | -27.0% | -2.2% |
| 2019 | -7.1% | -4.0% | +2.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 1979 |
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 Intrepid Museum Foundation Inc 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Intrepid Museum Foundation Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. 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 deficit of $3.9M, with expenses exceeding revenue.
- Debt-to-asset ratio: 26.8%.
Executive Compensation Analysis
The Intrepid Museum Foundation consistently reports 0% officer compensation across all available filings, indicating that its highest-ranking executives are not directly paid through the foundation's funds, which is highly favorable for a nonprofit of its size with assets exceeding $90 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 Intrepid Museum Foundation Inc's IRS 990 filings:
- Consistent slight operating deficits in recent years (e.g., 202312: Expenses $34.7M vs. Revenue $30.8M)
- Significant revenue volatility, with a sharp drop in 2020 ($9.1M) and subsequent recovery, which could indicate susceptibility to external factors.
Strengths
The following positive indicators were identified for Intrepid Museum Foundation Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating strong financial integrity.
- Robust asset base, consistently around $90-100 million, providing a strong financial cushion.
- Strong revenue recovery post-2020, demonstrating resilience and effective fundraising.
- Consistent filing of IRS 990s over 13 periods, indicating good compliance and transparency.
Frequently Asked Questions about Intrepid Museum Foundation Inc
Is Intrepid Museum Foundation Inc a legitimate charity?
Intrepid Museum Foundation Inc (EIN: 133062419) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $46.0M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Intrepid Museum Foundation Inc spend its money?
Intrepid Museum Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Intrepid Museum Foundation Inc tax-deductible?
Intrepid Museum Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133062419). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Intrepid Museum Foundation Inc CEO make?
Intrepid Museum Foundation Inc's highest-compensated officer earns $90 annually. The organization reported $46.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Intrepid Museum Foundation Inc's spending goes to programs?
Intrepid Museum Foundation Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Intrepid Museum Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Intrepid Museum Foundation Inc is above average for NTEE category A500 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Intrepid Museum Foundation Inc located?
Intrepid Museum Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 133062419. It is classified under NTEE code A500.
How many years of IRS 990 filings does Intrepid Museum Foundation Inc have?
Intrepid Museum Foundation 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 $46.0M in total revenue.
Is the Intrepid Museum Foundation Inc. financially stable?
Yes, the foundation appears financially stable, consistently holding assets around $90-100 million and demonstrating strong revenue recovery to $46,035,221 after a dip in 2020.
Does the Intrepid Museum Foundation Inc. compensate its top executives?
No, the IRS 990 filings consistently report 0% officer compensation, indicating that the foundation does not directly pay its top executives.
How has the organization's revenue trended in recent years?
Revenue significantly dropped to $9,089,021 in 2020 but has since recovered strongly, reaching $30,793,800 in 202312 and $46,035,221 in the latest reported period.
Are the organization's expenses typically higher than its revenue?
In several recent periods, such as 202312 and 202212, expenses have slightly exceeded revenue, indicating that the organization generally spends close to or slightly more than its incoming funds.
Filing History
IRS 990 filing history for Intrepid Museum Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2023), Intrepid Museum Foundation Inc's revenue has grown by 10%, moving from $28.0M to $30.8M. Total assets decreased by 1.3% over the same period, from $90.6M to $89.4M. Total functional expenses rose by 33.7%, from $26.0M to $34.7M. In its most recent filing year (2023), Intrepid Museum Foundation Inc reported a deficit of $3.9M, with expenses exceeding revenue. The organization holds $24.0M in liabilities against $89.4M in assets (debt-to-asset ratio: 26.8%), resulting in net assets of $65.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $30.8M | $34.7M | $89.4M | $24.0M | — | — |
| 2022 | $30.6M | $31.4M | $92.3M | $26.0M | — | View 990 |
| 2021 | $23.3M | $23.4M | $107.3M | $34.4M | — | View 990 |
| 2020 | $9.1M | $24.5M | $94.7M | $31.7M | — | — |
| 2019 | $32.0M | $33.5M | $96.8M | $21.1M | — | View 990 |
| 2018 | $34.5M | $35.0M | $94.6M | $21.7M | — | View 990 |
| 2017 | $26.8M | $23.7M | $99.7M | $22.0M | — | View 990 |
| 2017 | $35.4M | $35.1M | $96.5M | $23.1M | — | View 990 |
| 2016 | $33.2M | $34.5M | $97.1M | $24.6M | — | View 990 |
| 2015 | $34.9M | $33.9M | $93.1M | $18.4M | — | View 990 |
| 2014 | $33.3M | $32.1M | $90.2M | $17.1M | — | View 990 |
| 2013 | $32.6M | $29.7M | $91.3M | $18.7M | — | View 990 |
| 2012 | $28.0M | $26.0M | $90.6M | $20.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $30.8M, expenses of $34.7M, and assets of $89.4M (revenue +0.8% year-over-year).
- 2022: Revenue of $30.6M, expenses of $31.4M, and assets of $92.3M (revenue +31.1% year-over-year).
- 2021: Revenue of $23.3M, expenses of $23.4M, and assets of $107.3M (revenue +156.4% year-over-year).
- 2020: Revenue of $9.1M, expenses of $24.5M, and assets of $94.7M (revenue -71.6% year-over-year).
- 2019: Revenue of $32.0M, expenses of $33.5M, and assets of $96.8M (revenue -7.1% year-over-year).
- 2018: Revenue of $34.5M, expenses of $35.0M, and assets of $94.6M (revenue +28.6% year-over-year).
- 2017: Revenue of $26.8M, expenses of $23.7M, and assets of $99.7M (revenue -24.3% year-over-year).
- 2017: Revenue of $35.4M, expenses of $35.1M, and assets of $96.5M (revenue +6.5% year-over-year).
- 2016: Revenue of $33.2M, expenses of $34.5M, and assets of $97.1M (revenue -4.8% year-over-year).
- 2015: Revenue of $34.9M, expenses of $33.9M, and assets of $93.1M (revenue +5.0% year-over-year).
- 2014: Revenue of $33.3M, expenses of $32.1M, and assets of $90.2M (revenue +2.1% year-over-year).
- 2013: Revenue of $32.6M, expenses of $29.7M, and assets of $91.3M (revenue +16.3% year-over-year).
- 2012: Revenue of $28.0M, expenses of $26.0M, and assets of $90.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Intrepid Museum Foundation Inc:
Data Sources and Methodology
This transparency report for Intrepid Museum Foundation 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.