Music House Museum
EIN: 382709408 · Williamsburg, MI · NTEE: A500
| Metric | Value |
|---|---|
| Total Revenue | $376K |
| Total Expenses | $362K |
| Net Assets | $1.8M |
Is Music House Museum Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Music House Museum
Music House Museum (EIN: 382709408) is a nonprofit organization based in Williamsburg, MI, classified under NTEE code A500. The organization reported total revenue of $376K and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Music House Museum's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Music House Museum is a small nonprofit that has been operating for 39 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $278K |
| Total Expenses | $362K |
| Surplus / Deficit | $-83,987 |
| Total Assets | $2.3M |
| Total Liabilities | $435K |
| Net Assets | $1.8M |
| Operating Margin | -30.2% |
| Debt-to-Asset Ratio | 19.2% |
| Months of Reserves | 75.3 months |
Financial Health Grade: B
In 2023, Music House Museum reported a deficit of $84K with expenses exceeding revenue, holds 75.3 months of operating reserves (strong position), has a debt-to-asset ratio of 19.2% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Music House Museum's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.3% | +21.6% | +0.3% |
| 2022 | -26.7% | +22.9% | -6.0% |
| 2021 | +119.2% | -1.9% | +11.5% |
| 2020 | -27.2% | -18.4% | +2.0% |
| 2019 | +12.3% | -7.7% | +5.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Music House Museum has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Music House Museum with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $84K, with expenses exceeding revenue.
- Debt-to-asset ratio: 19.2%.
Frequently Asked Questions about Music House Museum
Is Music House Museum a legitimate charity?
Based on AI analysis of IRS 990 filings, Music House Museum (EIN: 382709408) insufficient data. 0 red flags identified, 0 strengths noted.
How does Music House Museum spend its money?
Detailed spending breakdown data is not yet available for Music House Museum. Check back for updated IRS 990 analysis.
Are donations to Music House Museum tax-deductible?
Music House Museum is registered as a tax-exempt nonprofit (EIN: 382709408). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Music House Museum located?
Music House Museum is headquartered in Williamsburg, Michigan and files with the IRS under EIN 382709408. It is classified under NTEE code A500.
How many years of IRS 990 filings does Music House Museum have?
Music House Museum has 12 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 $376K in total revenue.
Filing History
IRS 990 filing history for Music House Museum showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Music House Museum's revenue has grown by 41.7%, moving from $196K to $278K. Total assets increased by 51.4% over the same period, from $1.5M to $2.3M. Total functional expenses rose by 114.3%, from $169K to $362K. In its most recent filing year (2023), Music House Museum reported a deficit of $84K, with expenses exceeding revenue. The organization holds $435K in liabilities against $2.3M in assets (debt-to-asset ratio: 19.2%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $278K | $362K | $2.3M | $435K | — | View 990 |
| 2022 | $324K | $298K | $2.3M | $385K | — | View 990 |
| 2021 | $442K | $242K | $2.4M | $407K | — | View 990 |
| 2020 | $202K | $247K | $2.2M | $413K | — | View 990 |
| 2019 | $277K | $303K | $2.1M | $391K | — | View 990 |
| 2018 | $247K | $328K | $2.0M | $328K | — | View 990 |
| 2017 | $230K | $237K | $2.0M | $186K | — | View 990 |
| 2016 | $232K | $229K | $1.9M | $165K | — | View 990 |
| 2015 | $224K | $252K | $1.9M | $173K | — | View 990 |
| 2014 | $727K | $249K | $1.8M | $20K | — | View 990 |
| 2012 | $209K | $195K | $1.6M | $401K | — | View 990 |
| 2011 | $196K | $169K | $1.5M | $402K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $278K, expenses of $362K, and assets of $2.3M (revenue -14.3% year-over-year).
- 2022: Revenue of $324K, expenses of $298K, and assets of $2.3M (revenue -26.7% year-over-year).
- 2021: Revenue of $442K, expenses of $242K, and assets of $2.4M (revenue +119.2% year-over-year).
- 2020: Revenue of $202K, expenses of $247K, and assets of $2.2M (revenue -27.2% year-over-year).
- 2019: Revenue of $277K, expenses of $303K, and assets of $2.1M (revenue +12.3% year-over-year).
- 2018: Revenue of $247K, expenses of $328K, and assets of $2.0M (revenue +7.4% year-over-year).
- 2017: Revenue of $230K, expenses of $237K, and assets of $2.0M (revenue -0.9% year-over-year).
- 2016: Revenue of $232K, expenses of $229K, and assets of $1.9M (revenue +3.6% year-over-year).
- 2015: Revenue of $224K, expenses of $252K, and assets of $1.9M (revenue -69.2% year-over-year).
- 2014: Revenue of $727K, expenses of $249K, and assets of $1.8M (revenue +247.6% year-over-year).
- 2012: Revenue of $209K, expenses of $195K, and assets of $1.6M (revenue +6.7% year-over-year).
- 2011: Revenue of $196K, expenses of $169K, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Music House Museum:
Data Sources and Methodology
This transparency report for Music House 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.