Manchester Historic Association
Manchester Historic Association shows improved financial health in 2023 after years of operating deficits.
EIN: 20223390 · Manchester, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $572K |
| Program Spending | 75% |
| Net Assets | $5.8M |
| Transparency Score | 75/100 |
Is Manchester Historic Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Manchester Historic Association directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Manchester Historic Association
Manchester Historic Association (EIN: 20223390) is a nonprofit organization based in Manchester, NH. The organization reported total revenue of $1.0M and total assets of $7.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Manchester Historic Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Manchester Historic Association is a mid-size nonprofit that has been operating for 81 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $614K |
| Total Expenses | $572K |
| Surplus / Deficit | +$42K |
| Total Assets | $6.3M |
| Total Liabilities | $506K |
| Net Assets | $5.8M |
| Operating Margin | 6.8% |
| Debt-to-Asset Ratio | 8.0% |
| Months of Reserves | 131.9 months |
Financial Health Grade: A
In 2023, Manchester Historic Association reported a surplus of $42K with revenue exceeding expenses, holds 131.9 months of operating reserves (strong position), has a debt-to-asset ratio of 8.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Manchester Historic Association's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.4% | -1.9% | +6.7% |
| 2022 | -6.2% | -12.1% | -15.3% |
| 2021 | +49.4% | +1.7% | +9.1% |
| 2020 | -41.0% | -11.5% | -3.8% |
| 2019 | -1.8% | +12.1% | -1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1945 |
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 Manchester Historic Association with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Manchester Historic Association allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 surplus of $42K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which suggests either a fully volunteer board and executive leadership or that executive compensation is categorized under general salaries rather than specifically as officer compensation. This practice, while not inherently negative, can sometimes obscure the true cost of executive leadership if not clearly detailed elsewhere in the filing.
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 Manchester Historic Association's IRS 990 filings:
- Consistent operating deficits for several years (2014-2022), where expenses exceeded revenue, potentially drawing down reserves.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary, making efficiency analysis difficult.
Strengths
The following positive indicators were identified for Manchester Historic Association:
- Improved financial performance in the latest filing (202309) with revenue exceeding expenses.
- Stable and substantial asset base ($7,337,486) indicating long-term financial resilience.
- Consistent reporting of 0% officer compensation, suggesting efficient leadership cost management or volunteer leadership.
- Long history of IRS 990 filings (13 filings), indicating transparency and consistent operation.
Frequently Asked Questions about Manchester Historic Association
Is Manchester Historic Association a legitimate charity?
Manchester Historic Association (EIN: 20223390) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.0M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Manchester Historic Association spend its money?
Manchester Historic Association directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Manchester Historic Association tax-deductible?
Manchester Historic Association is registered as a tax-exempt nonprofit (EIN: 20223390). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Manchester Historic Association's spending goes to programs?
Manchester Historic Association directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Manchester Historic Association located?
Manchester Historic Association is headquartered in Manchester, New Hampshire and files with the IRS under EIN 20223390.
How many years of IRS 990 filings does Manchester Historic Association have?
Manchester Historic Association 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 $1.0M in total revenue.
Is Manchester Historic Association a good charity?
Based on the available data, the Manchester Historic Association appears to be a stable organization with a long history. Its recent financial performance shows improvement, and the consistent reporting of 0% officer compensation is a positive sign regarding leadership costs. However, without a detailed breakdown of program, administrative, and fundraising expenses, a complete assessment of its efficiency is challenging.
Why did expenses exceed revenue for several years?
From 2014 to 2022, the organization consistently reported expenses exceeding revenue. For example, in 202009, revenue was $363,808 while expenses were $652,035. This could be due to strategic investments, use of reserves, or temporary operational challenges. The positive shift in 202309, with revenue of $613,613 exceeding expenses of $571,928, indicates a recent improvement in financial management or increased fundraising success.
What is the trend in the organization's assets?
The organization's assets have remained relatively stable over the past decade, fluctuating between approximately $5.8 million and $7.3 million. The latest filing shows assets at $7,337,486, which is a healthy level and indicates good stewardship of its resources despite periods of operating deficits.
Filing History
IRS 990 filing history for Manchester Historic Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Manchester Historic Association's revenue has grown by 56.5%, moving from $392K to $614K. Total assets decreased by 10.8% over the same period, from $7.1M to $6.3M. Total functional expenses fell by 21.2%, from $726K to $572K. In its most recent filing year (2023), Manchester Historic Association reported a surplus of $42K, with revenue exceeding expenses. The organization holds $506K in liabilities against $6.3M in assets (debt-to-asset ratio: 8.0%), resulting in net assets of $5.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $614K | $572K | $6.3M | $506K | — | View 990 |
| 2022 | $509K | $583K | $5.9M | $550K | — | View 990 |
| 2021 | $543K | $663K | $7.0M | $574K | — | — |
| 2020 | $364K | $652K | $6.4M | $613K | — | View 990 |
| 2019 | $616K | $736K | $6.6M | $636K | — | View 990 |
| 2018 | $628K | $657K | $6.7M | $646K | — | View 990 |
| 2017 | $542K | $625K | $6.6M | $669K | — | View 990 |
| 2016 | $340K | $648K | $6.5M | $702K | — | View 990 |
| 2015 | $418K | $654K | $6.5M | $739K | — | View 990 |
| 2014 | $366K | $673K | $7.2M | $780K | — | View 990 |
| 2013 | $1.0M | $876K | $7.2M | $817K | — | View 990 |
| 2012 | $337K | $792K | $7.4M | $962K | — | View 990 |
| 2011 | $392K | $726K | $7.1M | $970K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $614K, expenses of $572K, and assets of $6.3M (revenue +20.4% year-over-year).
- 2022: Revenue of $509K, expenses of $583K, and assets of $5.9M (revenue -6.2% year-over-year).
- 2021: Revenue of $543K, expenses of $663K, and assets of $7.0M (revenue +49.4% year-over-year).
- 2020: Revenue of $364K, expenses of $652K, and assets of $6.4M (revenue -41.0% year-over-year).
- 2019: Revenue of $616K, expenses of $736K, and assets of $6.6M (revenue -1.8% year-over-year).
- 2018: Revenue of $628K, expenses of $657K, and assets of $6.7M (revenue +15.9% year-over-year).
- 2017: Revenue of $542K, expenses of $625K, and assets of $6.6M (revenue +59.3% year-over-year).
- 2016: Revenue of $340K, expenses of $648K, and assets of $6.5M (revenue -18.6% year-over-year).
- 2015: Revenue of $418K, expenses of $654K, and assets of $6.5M (revenue +13.9% year-over-year).
- 2014: Revenue of $366K, expenses of $673K, and assets of $7.2M (revenue -64.8% year-over-year).
- 2013: Revenue of $1.0M, expenses of $876K, and assets of $7.2M (revenue +208.3% year-over-year).
- 2012: Revenue of $337K, expenses of $792K, and assets of $7.4M (revenue -14.0% year-over-year).
- 2011: Revenue of $392K, expenses of $726K, and assets of $7.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Manchester Historic Association:
Data Sources and Methodology
This transparency report for Manchester Historic Association 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.