Morgan Art Of Paper Making Conservatory And Educational Found
Morgan Art Of Paper Making Conservatory maintains strong assets despite highly volatile revenue and frequent operating deficits.
EIN: 208449572 · Cleveland, OH · NTEE: A25 · Updated: 2026-03-28
Is Morgan Art Of Paper Making Conservatory And Educational Found Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Morgan Art Of Paper Making Conservatory And Educational Found directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Morgan Art Of Paper Making Conservatory And Educational Found
Morgan Art Of Paper Making Conservatory And Educational Found (EIN: 208449572) is a nonprofit organization based in Cleveland, OH, classified under NTEE code A25. The organization reported total revenue of $646K and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Morgan Art Of Paper Making Conservatory And Educational Found'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 Morgan Art Of Paper Making Conservatory And Educational Found with a Mission Score of 70 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, Morgan Art Of Paper Making Conservatory And Educational Found 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.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees receive compensation from the organization, which is highly unusual for an organization of its asset size ($3.3M+).
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 Morgan Art Of Paper Making Conservatory And Educational Found's IRS 990 filings:
- Highly volatile annual revenue, ranging from $73,619 to $722,425 in recent years.
- Frequent operating deficits where expenses significantly exceed revenue (e.g., 2022: $544,896 expenses vs. $73,619 revenue).
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary data.
Strengths
The following positive indicators were identified for Morgan Art Of Paper Making Conservatory And Educational Found:
- Consistently strong asset base, maintaining over $3 million for the past decade.
- Extremely low liabilities, indicating sound debt management.
- Zero reported officer compensation across all filings, suggesting a commitment to minimizing leadership overhead.
- Long filing history (13 filings) indicates consistent compliance and operational longevity.
Frequently Asked Questions about Morgan Art Of Paper Making Conservatory And Educational Found
Is Morgan Art Of Paper Making Conservatory And Educational Found a legitimate charity?
Based on AI analysis of IRS 990 filings, Morgan Art Of Paper Making Conservatory And Educational Found (EIN: 208449572) some concerns. Mission Score: 70/100. 3 red flags identified, 4 strengths noted.
How does Morgan Art Of Paper Making Conservatory And Educational Found spend its money?
Morgan Art Of Paper Making Conservatory And Educational Found directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Morgan Art Of Paper Making Conservatory And Educational Found tax-deductible?
Morgan Art Of Paper Making Conservatory And Educational Found is registered as a tax-exempt nonprofit (EIN: 208449572). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does the organization sustain operations with such volatile revenue and frequent deficits?
The organization likely relies on its substantial asset base, which has consistently been over $3 million, to cover operational deficits in years where expenses exceed revenue, such as in 2022 when expenses were $544,896 against only $73,619 in revenue.
What is the source of the significant revenue fluctuations?
The provided data does not specify the revenue sources, but the drastic swings (e.g., $73,619 in 2022 to $722,425 in 2023) suggest a reliance on large, infrequent grants, major donations, or project-specific funding rather than consistent, diversified income streams.
Are there any paid staff, given the 0% officer compensation?
While officer compensation is reported as zero, this does not preclude the organization from having other paid staff or contractors. The reported expenses, such as $578,140 in 2023, indicate significant operational costs that would likely include salaries for non-officer personnel or program delivery.
What is the long-term strategy for financial stability given the revenue volatility?
The filings do not detail a specific strategy, but the organization's ability to maintain a strong asset base despite revenue fluctuations suggests a conservative approach to spending or a strategic use of endowments/investments to buffer operational costs.
Filing History
IRS 990 filing history for Morgan Art Of Paper Making Conservatory And Educational Found showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Morgan Art Of Paper Making Conservatory And Educational Found's revenue has grown by 66.6%, moving from $434K to $722K. Total assets increased by 3.9% over the same period, from $3.3M to $3.4M. Total functional expenses rose by 134.7%, from $246K to $578K. In its most recent filing year (2023), Morgan Art Of Paper Making Conservatory And Educational Found reported a surplus of $144K, with revenue exceeding expenses. The organization holds $14K in liabilities against $3.4M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $3.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $722K | $578K | $3.4M | $14K | — | — |
| 2022 | $74K | $545K | $3.3M | $17K | — | View 990 |
| 2021 | $450K | $440K | $3.8M | $12K | — | — |
| 2020 | $273K | $385K | $3.5M | $9K | — | View 990 |
| 2019 | $442K | $568K | $3.6M | $15K | — | View 990 |
| 2018 | $304K | $526K | $3.3M | $7K | — | View 990 |
| 2017 | $318K | $436K | $3.7M | $5K | — | View 990 |
| 2016 | $389K | $393K | $3.4M | $454 | — | View 990 |
| 2015 | $177K | $397K | $3.4M | $764 | — | View 990 |
| 2014 | $387K | $435K | $3.6M | $0 | — | View 990 |
| 2013 | $358K | $338K | $3.7M | $15K | — | View 990 |
| 2012 | $222K | $273K | $3.4M | $18K | — | View 990 |
| 2011 | $434K | $246K | $3.3M | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $722K, expenses of $578K, and assets of $3.4M (revenue +881.3% year-over-year).
- 2022: Revenue of $74K, expenses of $545K, and assets of $3.3M (revenue -83.6% year-over-year).
- 2021: Revenue of $450K, expenses of $440K, and assets of $3.8M (revenue +65.0% year-over-year).
- 2020: Revenue of $273K, expenses of $385K, and assets of $3.5M (revenue -38.4% year-over-year).
- 2019: Revenue of $442K, expenses of $568K, and assets of $3.6M (revenue +45.5% year-over-year).
- 2018: Revenue of $304K, expenses of $526K, and assets of $3.3M (revenue -4.4% year-over-year).
- 2017: Revenue of $318K, expenses of $436K, and assets of $3.7M (revenue -18.2% year-over-year).
- 2016: Revenue of $389K, expenses of $393K, and assets of $3.4M (revenue +120.0% year-over-year).
- 2015: Revenue of $177K, expenses of $397K, and assets of $3.4M (revenue -54.3% year-over-year).
- 2014: Revenue of $387K, expenses of $435K, and assets of $3.6M (revenue +8.1% year-over-year).
- 2013: Revenue of $358K, expenses of $338K, and assets of $3.7M (revenue +61.3% year-over-year).
- 2012: Revenue of $222K, expenses of $273K, and assets of $3.4M (revenue -48.9% year-over-year).
- 2011: Revenue of $434K, expenses of $246K, and assets of $3.3M.
Data Sources and Methodology
This transparency report for Morgan Art Of Paper Making Conservatory And Educational Found 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.