Margaret Woodbury Strong Museum
Strong Museum shows robust revenue growth and asset accumulation with no reported officer compensation.
EIN: 160954168 · Rochester, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $26.0M |
| Total Expenses | $23.1M |
| Program Spending | 85% |
| Net Assets | $181.6M |
| Transparency Score | 90/100 |
Is Margaret Woodbury Strong Museum Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Margaret Woodbury Strong Museum directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Margaret Woodbury Strong Museum
Margaret Woodbury Strong Museum (EIN: 160954168) is a nonprofit organization based in Rochester, NY. The organization reported total revenue of $26.0M and total assets of $248.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Margaret Woodbury Strong Museum's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Margaret Woodbury Strong Museum is a large nonprofit that has been operating for 58 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $41.5M |
| Total Expenses | $23.1M |
| Surplus / Deficit | +$18.4M |
| Total Assets | $251.3M |
| Total Liabilities | $69.7M |
| Net Assets | $181.6M |
| Operating Margin | 44.4% |
| Debt-to-Asset Ratio | 27.7% |
| Months of Reserves | 130.7 months |
Financial Health Grade: A
In 2023, Margaret Woodbury Strong Museum reported a surplus of $18.4M with revenue exceeding expenses, holds 130.7 months of operating reserves (strong position), has a debt-to-asset ratio of 27.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Margaret Woodbury Strong Museum's revenue has grown at a compound annual growth rate (CAGR) of 10.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +58.1% | +30.2% | +11.6% |
| 2022 | +7.0% | +16.4% | +0.6% |
| 2021 | +8.6% | +6.9% | +15.0% |
| 2020 | +24.6% | -16.2% | +7.3% |
| 2019 | +7.9% | +4.1% | +22.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1968 |
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 Margaret Woodbury Strong Museum 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, Margaret Woodbury Strong Museum 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $18.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 27.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size and indicates either a unique compensation structure where officers are not compensated, or that compensation is reported under different categories, or that the data provided is incomplete regarding specific officer salaries. If truly 0%, it suggests a strong commitment to directing funds to the 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.
Red Flags
The following concerns were identified during AI analysis of Margaret Woodbury Strong Museum's IRS 990 filings:
- Lack of detailed breakdown for program, administrative, and fundraising expenses in provided data
- Unusual consistent reporting of 0% officer compensation for an organization of this scale, which may warrant further investigation into compensation reporting practices.
Strengths
The following positive indicators were identified for Margaret Woodbury Strong Museum:
- Strong and consistent revenue growth, from $14M in 2014 to $41.5M in 2023.
- Significant asset accumulation, growing from $152M in 2014 to $251M in 2023.
- Consistent generation of financial surpluses, indicating effective expense management relative to income.
- Low liabilities relative to assets, suggesting a healthy balance sheet.
- Consistent reporting of 0% officer compensation, indicating a potential strong commitment to mission-focused spending.
Frequently Asked Questions about Margaret Woodbury Strong Museum
Is Margaret Woodbury Strong Museum a legitimate charity?
Margaret Woodbury Strong Museum (EIN: 160954168) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $26.0M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Margaret Woodbury Strong Museum spend its money?
Margaret Woodbury Strong Museum directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Margaret Woodbury Strong Museum tax-deductible?
Margaret Woodbury Strong Museum is registered as a tax-exempt nonprofit (EIN: 160954168). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Margaret Woodbury Strong Museum's spending goes to programs?
Margaret Woodbury Strong Museum directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Margaret Woodbury Strong Museum located?
Margaret Woodbury Strong Museum is headquartered in Rochester, New York and files with the IRS under EIN 160954168.
How many years of IRS 990 filings does Margaret Woodbury Strong Museum have?
Margaret Woodbury Strong Museum 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 $26.0M in total revenue.
Is the Margaret Woodbury Strong Museum financially stable?
Yes, the museum appears very financially stable. Its assets have grown significantly from $152,920,429 in 2014 to $251,281,672 in 2023, and it consistently generates substantial revenue surpluses, such as the $18.4 million surplus in 2023.
How has the museum's revenue changed over time?
The museum has experienced significant revenue growth, increasing from $14,035,061 in 2014 to $41,516,891 in 2023, demonstrating a strong upward trend in financial support and activity.
What is the trend in the museum's assets?
The museum's assets have shown consistent and substantial growth, nearly doubling from $152,920,429 in 2014 to $251,281,672 in 2023, indicating strong financial health and investment.
Does the museum pay its officers?
Based on the provided IRS 990 data, the organization consistently reports 0% officer compensation across all filings from 2014 to 2023. This suggests that officers may not be compensated directly or their compensation is reported differently.
Filing History
IRS 990 filing history for Margaret Woodbury Strong Museum showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Margaret Woodbury Strong Museum's revenue has grown by 229.9%, moving from $12.6M to $41.5M. Total assets increased by 80.8% over the same period, from $139.0M to $251.3M. Total functional expenses rose by 70.7%, from $13.5M to $23.1M. In its most recent filing year (2023), Margaret Woodbury Strong Museum reported a surplus of $18.4M, with revenue exceeding expenses. The organization holds $69.7M in liabilities against $251.3M in assets (debt-to-asset ratio: 27.7%), resulting in net assets of $181.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $41.5M | $23.1M | $251.3M | $69.7M | — | — |
| 2022 | $26.3M | $17.7M | $225.1M | $71.7M | — | View 990 |
| 2021 | $24.6M | $15.2M | $223.7M | $59.3M | — | View 990 |
| 2020 | $22.6M | $14.2M | $194.5M | $53.9M | — | — |
| 2019 | $18.1M | $17.0M | $181.2M | $55.4M | — | View 990 |
| 2018 | $16.8M | $16.3M | $148.0M | $34.9M | — | View 990 |
| 2017 | $12.8M | $14.4M | $152.6M | $29.7M | — | View 990 |
| 2016 | $12.2M | $13.7M | $142.7M | $30.4M | — | View 990 |
| 2015 | $11.6M | $13.8M | $143.6M | $31.4M | — | View 990 |
| 2014 | $14.0M | $13.4M | $152.9M | $32.4M | — | View 990 |
| 2013 | $11.0M | $13.4M | $152.9M | $34.4M | — | View 990 |
| 2012 | $10.8M | $13.5M | $143.3M | $36.7M | — | View 990 |
| 2011 | $12.6M | $13.5M | $139.0M | $36.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $41.5M, expenses of $23.1M, and assets of $251.3M (revenue +58.1% year-over-year).
- 2022: Revenue of $26.3M, expenses of $17.7M, and assets of $225.1M (revenue +7.0% year-over-year).
- 2021: Revenue of $24.6M, expenses of $15.2M, and assets of $223.7M (revenue +8.6% year-over-year).
- 2020: Revenue of $22.6M, expenses of $14.2M, and assets of $194.5M (revenue +24.6% year-over-year).
- 2019: Revenue of $18.1M, expenses of $17.0M, and assets of $181.2M (revenue +7.9% year-over-year).
- 2018: Revenue of $16.8M, expenses of $16.3M, and assets of $148.0M (revenue +31.3% year-over-year).
- 2017: Revenue of $12.8M, expenses of $14.4M, and assets of $152.6M (revenue +5.4% year-over-year).
- 2016: Revenue of $12.2M, expenses of $13.7M, and assets of $142.7M (revenue +4.8% year-over-year).
- 2015: Revenue of $11.6M, expenses of $13.8M, and assets of $143.6M (revenue -17.3% year-over-year).
- 2014: Revenue of $14.0M, expenses of $13.4M, and assets of $152.9M (revenue +27.4% year-over-year).
- 2013: Revenue of $11.0M, expenses of $13.4M, and assets of $152.9M (revenue +2.2% year-over-year).
- 2012: Revenue of $10.8M, expenses of $13.5M, and assets of $143.3M (revenue -14.3% year-over-year).
- 2011: Revenue of $12.6M, expenses of $13.5M, and assets of $139.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Margaret Woodbury Strong Museum:
Data Sources and Methodology
This transparency report for Margaret Woodbury Strong Museum 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.