John F Kennedy Hyannis Museum Foundation Inc

Is John F Kennedy Hyannis Museum Foundation Inc Legit?

Appears Legitimate

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

John F Kennedy Hyannis Museum Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About John F Kennedy Hyannis Museum Foundation Inc

John F Kennedy Hyannis Museum Foundation Inc (EIN: 200177247) is a nonprofit organization based in Hyannis, MA, classified under NTEE code A54. The organization reported total revenue of $687K and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of John F Kennedy Hyannis Museum Foundation Inc'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 John F Kennedy Hyannis Museum Foundation Inc 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: 80%
• fundraising: 10%

According to IRS 990 filings, John F Kennedy Hyannis 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.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly commendable for a nonprofit of its 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 John F Kennedy Hyannis Museum Foundation Inc:

• Consistent asset growth, from $187,832 in 2014 to $1,686,994 in 2023.
• 0% officer compensation reported across all filings, indicating strong financial stewardship.
• Revenues generally exceed expenses, demonstrating financial stability and sustainability.
• Healthy program spending ratio (estimated 80%), indicating efficient use of funds for its mission.
• Positive trend in net assets, reflecting sound financial management.

Frequently Asked Questions about John F Kennedy Hyannis Museum Foundation Inc

Filing History

IRS 990 filing history for John F Kennedy Hyannis Museum Foundation Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), John F Kennedy Hyannis Museum Foundation Inc's revenue has grown by 2104.3%, moving from $35K to $772K. Total assets increased by 4444.7% over the same period, from $37K to $1.7M. Total functional expenses rose by 1357.9%, from $37K to $545K. In its most recent filing year (2023), John F Kennedy Hyannis Museum Foundation Inc reported a surplus of $227K, with revenue exceeding expenses. The organization holds $541K in liabilities against $1.7M in assets (debt-to-asset ratio: 32.0%), resulting in net assets of $1.1M.

Year-by-Year Financial Summary

• 2023: Revenue of $772K, expenses of $545K, and assets of $1.7M (revenue +36.7% year-over-year).
• 2022: Revenue of $565K, expenses of $464K, and assets of $1.7M (revenue -19.9% year-over-year).
• 2021: Revenue of $705K, expenses of $422K, and assets of $902K (revenue +45.4% year-over-year).
• 2020: Revenue of $485K, expenses of $497K, and assets of $731K (revenue -43.2% year-over-year).
• 2019: Revenue of $853K, expenses of $923K, and assets of $651K (revenue -4.8% year-over-year).
• 2018: Revenue of $896K, expenses of $916K, and assets of $694K (revenue -12.7% year-over-year).
• 2017: Revenue of $1.0M, expenses of $862K, and assets of $714K (revenue +41.2% year-over-year).
• 2016: Revenue of $728K, expenses of $615K, and assets of $556K (revenue -17.7% year-over-year).
• 2015: Revenue of $884K, expenses of $614K, and assets of $484K (revenue +62.8% year-over-year).
• 2014: Revenue of $543K, expenses of $523K, and assets of $188K (revenue +26.4% year-over-year).
• 2013: Revenue of $429K, expenses of $372K, and assets of $183K (revenue +2394.9% year-over-year).
• 2012: Revenue of $17K, expenses of $42K, and assets of $13K (revenue -50.9% year-over-year).
• 2011: Revenue of $35K, expenses of $37K, and assets of $37K.

Data Sources and Methodology

This transparency report for John F Kennedy Hyannis 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.