Museum Of American Finance
Museum Of American Finance faces persistent deficits and declining assets, with liabilities exceeding assets in recent years.
EIN: 133540880 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $1.6M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $1.5 |
| Net Assets | $-71,393 |
| Transparency Score | 55/100 |
Is Museum Of American Finance Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Museum Of American Finance directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Museum Of American Finance
Museum Of American Finance (EIN: 133540880) is a nonprofit organization based in New York, NY. The organization reported total revenue of $2.1M and total assets of $686K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Museum Of American Finance's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Museum Of American Finance is a mid-size nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.6M |
| Surplus / Deficit | $-239,365 |
| Total Assets | $463K |
| Total Liabilities | $535K |
| Net Assets | $-71,393 |
| Operating Margin | -17.0% |
| Debt-to-Asset Ratio | 115.4% |
| Months of Reserves | 3.4 months |
Financial Health Grade: C
In 2023, Museum Of American Finance reported a deficit of $239K with expenses exceeding revenue, holds 3.4 months of operating reserves (adequate), has a debt-to-asset ratio of 115.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Museum Of American Finance's revenue has declined at a compound annual growth rate (CAGR) of -7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.5% | +0.4% | -13.4% |
| 2022 | -24.0% | +1.5% | -32.8% |
| 2021 | +1.5% | -1.2% | +2.0% |
| 2020 | +46.3% | -0.8% | +228.3% |
| 2019 | -57.3% | -30.0% | -59.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
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 Museum Of American Finance with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Museum Of American Finance allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $239K, with expenses exceeding revenue.
- Debt-to-asset ratio: 115.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, which is highly unusual for an organization with annual expenses often exceeding $1.5 million. This suggests either a volunteer-led executive team or that compensation for key personnel is categorized under other expense lines, potentially obscuring the true cost of leadership.
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 Museum Of American Finance's IRS 990 filings:
- Consistent operating deficits (e.g., 2023 expenses $1.65M vs. revenue $1.41M)
- Liabilities exceeding assets in recent years (e.g., 2023 assets $463K vs. liabilities $534K)
- Significant volatility in revenue and asset base over the past decade
- Unusually high and consistent 0% officer compensation, potentially obscuring true leadership costs
Strengths
The following positive indicators were identified for Museum Of American Finance:
- Long operating history with 13 IRS 990 filings
- Mission focus on financial education and history
Frequently Asked Questions about Museum Of American Finance
Is Museum Of American Finance a legitimate charity?
Museum Of American Finance (EIN: 133540880) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 55/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.1M. 4 red flags identified. 2 strengths noted. Financial health grade: C.
How does Museum Of American Finance spend its money?
Museum Of American Finance directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Museum Of American Finance tax-deductible?
Museum Of American Finance is registered as a tax-exempt nonprofit (EIN: 133540880). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Museum Of American Finance CEO make?
Museum Of American Finance's highest-compensated officer earns $1.5 annually. The organization reported $2.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Museum Of American Finance's spending goes to programs?
Museum Of American Finance directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Museum Of American Finance located?
Museum Of American Finance is headquartered in New York, New York and files with the IRS under EIN 133540880.
How many years of IRS 990 filings does Museum Of American Finance have?
Museum Of American Finance 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 $2.1M in total revenue.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this size and operational scope. This could indicate that executive roles are filled by volunteers, or that compensation for key leadership is reported under other expense categories, which would impact the perceived efficiency and transparency.
What is the plan to address the recurring deficits?
The organization has frequently reported expenses exceeding revenue, such as in 2023 ($1,649,745 expenses vs. $1,410,380 revenue) and 2022 ($1,642,801 expenses vs. $1,493,048 revenue). A clear strategy for achieving financial sustainability and balancing the budget is crucial.
How does the organization plan to improve its asset-to-liability ratio?
In 2023, the organization reported assets of $463,184 against liabilities of $534,577, indicating a negative net asset position. This trend, where liabilities exceed assets, raises concerns about long-term financial health and solvency.
What caused the significant fluctuations in revenue and assets over the past decade?
Revenue has varied dramatically, from a high of $4,872,266 in 2016 to $1,410,380 in 2023. Similarly, assets dropped from $6,488,269 in 2014 to $237,433 in 2019. Understanding the drivers behind these large swings is important for assessing financial stability.
Filing History
IRS 990 filing history for Museum Of American Finance showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Museum Of American Finance's revenue has declined by 58.4%, moving from $3.4M to $1.4M. Total assets decreased by 94.7% over the same period, from $8.8M to $463K. Total functional expenses fell by 62.5%, from $4.4M to $1.6M. In its most recent filing year (2023), Museum Of American Finance reported a deficit of $239K, with expenses exceeding revenue. The organization holds $535K in liabilities against $463K in assets (debt-to-asset ratio: 115.4%), resulting in net assets of $-71,393.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.6M | $463K | $535K | — | — |
| 2022 | $1.5M | $1.6M | $535K | $367K | — | — |
| 2021 | $2.0M | $1.6M | $795K | $477K | — | View 990 |
| 2020 | $1.9M | $1.6M | $779K | $808K | — | View 990 |
| 2019 | $1.3M | $1.7M | $237K | $563K | — | View 990 |
| 2018 | $3.1M | $2.4M | $582K | $579K | — | View 990 |
| 2017 | $2.4M | $4.4M | $3.5M | $2.4M | — | View 990 |
| 2016 | $4.9M | $4.6M | $5.6M | $2.5M | — | View 990 |
| 2015 | $4.0M | $5.0M | $5.8M | $2.9M | — | View 990 |
| 2014 | $3.8M | $4.6M | $6.5M | $2.7M | — | View 990 |
| 2013 | $3.4M | $4.4M | $7.0M | $2.4M | — | View 990 |
| 2012 | $3.2M | $4.4M | $7.9M | $2.4M | — | View 990 |
| 2011 | $3.4M | $4.4M | $8.8M | $2.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.6M, and assets of $463K (revenue -5.5% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.6M, and assets of $535K (revenue -24.0% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.6M, and assets of $795K (revenue +1.5% year-over-year).
- 2020: Revenue of $1.9M, expenses of $1.6M, and assets of $779K (revenue +46.3% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.7M, and assets of $237K (revenue -57.3% year-over-year).
- 2018: Revenue of $3.1M, expenses of $2.4M, and assets of $582K (revenue +27.4% year-over-year).
- 2017: Revenue of $2.4M, expenses of $4.4M, and assets of $3.5M (revenue -50.0% year-over-year).
- 2016: Revenue of $4.9M, expenses of $4.6M, and assets of $5.6M (revenue +20.4% year-over-year).
- 2015: Revenue of $4.0M, expenses of $5.0M, and assets of $5.8M (revenue +5.7% year-over-year).
- 2014: Revenue of $3.8M, expenses of $4.6M, and assets of $6.5M (revenue +13.0% year-over-year).
- 2013: Revenue of $3.4M, expenses of $4.4M, and assets of $7.0M (revenue +7.0% year-over-year).
- 2012: Revenue of $3.2M, expenses of $4.4M, and assets of $7.9M (revenue -6.6% year-over-year).
- 2011: Revenue of $3.4M, expenses of $4.4M, and assets of $8.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Museum Of American Finance:
Data Sources and Methodology
This transparency report for Museum Of American Finance 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.