Liberty Hall Museum Inc

Liberty Hall Museum Inc. consistently maintains financial stability with zero reported officer compensation.

EIN: 208670825 · Union, NJ · NTEE: A540 · Updated: 2026-03-28

$1.7MRevenue

$5.9MAssets

90/100Mission Score (Excellent)

A540

About Liberty Hall Museum Inc

Liberty Hall Museum Inc (EIN: 208670825) is a nonprofit organization based in Union, NJ, classified under NTEE code A540. The organization reported total revenue of $1.7M and total assets of $5.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Liberty Hall Museum Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Liberty Hall Museum Inc. demonstrates consistent financial stability with a healthy asset base, growing from $2,037,436 in 2014 to $5,649,750 in 2023. The organization generally manages its expenses well, with revenues often exceeding or closely matching expenses, indicating sound operational management. For instance, in 2023, revenue was $1,344,049 against expenses of $1,300,867, resulting in a surplus. The organization's liabilities remain relatively low compared to its assets, suggesting a strong financial position and low reliance on debt.

The museum's spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which can be a positive indicator for donor confidence regarding resource allocation directly to mission-related activities. The NTEE code A540 (Museums) aligns well with the organization's name and likely program activities.

Transparency is high regarding executive compensation, as the 0% reported officer compensation is a clear and consistent data point. The consistent filing of IRS Form 990s over a long period (13 filings) further enhances transparency, allowing for a detailed historical analysis of its financial performance and operational trends. The organization's financial health appears robust, with a clear commitment to its mission as evidenced by its financial reporting.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Liberty Hall Museum 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: 85%
fundraising: 5%

According to IRS 990 filings, Liberty Hall Museum Inc 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 consistently reported as 0% across all available filings, indicating that officers are either uncompensated or compensated through mechanisms not classified as officer compensation, which is highly favorable for resource allocation to the organization's mission.

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 Liberty Hall Museum Inc:

Consistent financial stability with growing assets (from $2M in 2014 to $5.6M in 2023).
Zero reported officer compensation across all filings, indicating efficient resource allocation.
Revenues generally exceed expenses, demonstrating sound operational management.
Low liabilities relative to assets, indicating a strong balance sheet.
Consistent and long-term IRS 990 filing history, enhancing transparency.

Frequently Asked Questions about Liberty Hall Museum Inc

Is Liberty Hall Museum Inc. a good charity?

Based on the provided financial data, Liberty Hall Museum Inc. appears to be a good charity. It demonstrates strong financial health, consistent revenue generation, and very low liabilities. The consistent 0% officer compensation is a significant positive indicator of efficient resource allocation.

How has Liberty Hall Museum Inc.'s financial health changed over time?

The organization's financial health has steadily improved, with assets growing from $2,037,436 in 2014 to $5,649,750 in 2023. Revenues have generally exceeded expenses, leading to a healthy accumulation of assets and a stable financial position.

What is the organization's approach to executive compensation?

Liberty Hall Museum Inc. consistently reports 0% officer compensation in its IRS 990 filings, suggesting a strong commitment to directing funds towards its programs rather than high executive salaries.

Filing History

IRS 990 filing history for Liberty Hall Museum Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Liberty Hall Museum Inc's revenue has grown by 24.3%, moving from $1.1M to $1.3M. Total assets increased by 380.7% over the same period, from $1.2M to $5.6M. Total functional expenses rose by 21.7%, from $1.1M to $1.3M. In its most recent filing year (2023), Liberty Hall Museum Inc reported a surplus of $43K, with revenue exceeding expenses. The organization holds $110K in liabilities against $5.6M in assets (debt-to-asset ratio: 2.0%), resulting in net assets of $5.5M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.3M	$1.3M	$5.6M	$110K	—	—
2022	$1.2M	$1.2M	$5.6M	$66K	—	View 990
2021	$993K	$977K	$5.6M	$91K	—	View 990
2020	$992K	$957K	$5.6M	$106K	—	View 990
2019	$1.3M	$600K	$5.5M	$85K	—	View 990
2018	$979K	$1.1M	$4.9M	$195K	—	View 990
2017	$2.0M	$1.4M	$5.3M	$446K	—	View 990
2016	$1.1M	$1.1M	$4.3M	$70K	—	View 990
2015	$1.1M	$1.1M	$4.4M	$175K	—	View 990
2014	$1.2M	$1.1M	$2.0M	$89K	—	View 990
2013	$1.7M	$1.3M	$1.9M	$93K	—	View 990
2012	$1.3M	$1.0M	$1.5M	$130K	—	View 990
2011	$1.1M	$1.1M	$1.2M	$109K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.3M, expenses of $1.3M, and assets of $5.6M (revenue +8.4% year-over-year).
2022: Revenue of $1.2M, expenses of $1.2M, and assets of $5.6M (revenue +24.7% year-over-year).
2021: Revenue of $993K, expenses of $977K, and assets of $5.6M (revenue +0.1% year-over-year).
2020: Revenue of $992K, expenses of $957K, and assets of $5.6M (revenue -22.0% year-over-year).
2019: Revenue of $1.3M, expenses of $600K, and assets of $5.5M (revenue +30.0% year-over-year).
2018: Revenue of $979K, expenses of $1.1M, and assets of $4.9M (revenue -52.2% year-over-year).
2017: Revenue of $2.0M, expenses of $1.4M, and assets of $5.3M (revenue +84.5% year-over-year).
2016: Revenue of $1.1M, expenses of $1.1M, and assets of $4.3M (revenue +0.7% year-over-year).
2015: Revenue of $1.1M, expenses of $1.1M, and assets of $4.4M (revenue -9.2% year-over-year).
2014: Revenue of $1.2M, expenses of $1.1M, and assets of $2.0M (revenue -29.2% year-over-year).
2013: Revenue of $1.7M, expenses of $1.3M, and assets of $1.9M (revenue +29.2% year-over-year).
2012: Revenue of $1.3M, expenses of $1.0M, and assets of $1.5M (revenue +22.5% year-over-year).
2011: Revenue of $1.1M, expenses of $1.1M, and assets of $1.2M.

Data Sources and Methodology

This transparency report for Liberty Hall Museum 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.