New England Wireless & Steam Museum
EIN: 56020466 · E Greenwich, RI · NTEE: A57
| Metric | Value |
|---|---|
| Total Revenue | $93K |
| Total Expenses | $72K |
| Net Assets | $1.9M |
Is New England Wireless & Steam Museum Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About New England Wireless & Steam Museum
New England Wireless & Steam Museum (EIN: 56020466) is a nonprofit organization based in E Greenwich, RI, classified under NTEE code A57. The organization reported total revenue of $93K and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New England Wireless & Steam Museum's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New England Wireless & Steam Museum is a micro nonprofit that has been operating for 2 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $69K |
| Total Expenses | $72K |
| Surplus / Deficit | $-3,217 |
| Total Assets | $1.9M |
| Net Assets | $1.9M |
| Operating Margin | -4.7% |
| Months of Reserves | 315.6 months |
Financial Health Grade: B
In 2023, New England Wireless & Steam Museum reported a deficit of $3K with expenses exceeding revenue, holds 315.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), New England Wireless & Steam Museum's revenue has declined at a compound annual growth rate (CAGR) of -2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.8% | -9.6% | +7.1% |
| 2022 | -74.5% | +9.7% | -10.4% |
| 2021 | +217.1% | +18.7% | +6.9% |
| 2020 | -33.7% | -13.0% | +5.8% |
| 2019 | +16.0% | -2.2% | +9.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2024 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New England Wireless & Steam 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 New England Wireless & Steam 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 $3K, with expenses exceeding revenue.
Frequently Asked Questions about New England Wireless & Steam Museum
Is New England Wireless & Steam Museum a legitimate charity?
New England Wireless & Steam Museum (EIN: 56020466) is a registered tax-exempt nonprofit based in Rhode Island. It has 13 years of IRS 990 filings on record. Total revenue: $93K. No red flags identified. Financial health grade: B.
How does New England Wireless & Steam Museum spend its money?
New England Wireless & Steam Museum reported $93K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to New England Wireless & Steam Museum tax-deductible?
New England Wireless & Steam Museum is registered as a tax-exempt nonprofit (EIN: 56020466). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New England Wireless & Steam Museum located?
New England Wireless & Steam Museum is headquartered in E Greenwich, Rhode Island and files with the IRS under EIN 56020466. It is classified under NTEE code A57.
How many years of IRS 990 filings does New England Wireless & Steam Museum have?
New England Wireless & Steam 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 $93K in total revenue.
Filing History
IRS 990 filing history for New England Wireless & Steam Museum showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New England Wireless & Steam Museum's revenue has declined by 21.5%, moving from $88K to $69K. Total assets increased by 111% over the same period, from $899K to $1.9M. Total functional expenses rose by 23%, from $59K to $72K. In its most recent filing year (2023), New England Wireless & Steam Museum reported a deficit of $3K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $69K | $72K | $1.9M | $0 | — | View 990 |
| 2022 | $60K | $80K | $1.8M | $3K | — | — |
| 2021 | $235K | $73K | $2.0M | $0 | — | — |
| 2020 | $74K | $61K | $1.8M | $0 | — | — |
| 2019 | $112K | $70K | $1.7M | $0 | — | — |
| 2018 | $96K | $72K | $1.6M | $0 | — | View 990 |
| 2017 | $188K | $49K | $1.7M | $0 | — | View 990 |
| 2016 | $208K | $61K | $1.6M | $0 | — | View 990 |
| 2015 | $375K | $59K | $1.4M | $0 | — | View 990 |
| 2014 | $149K | $43K | $1.1M | $0 | — | View 990 |
| 2013 | $101K | $63K | $1.0M | $0 | — | View 990 |
| 2012 | $72K | $70K | $901K | $0 | — | View 990 |
| 2011 | $88K | $59K | $899K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $69K, expenses of $72K, and assets of $1.9M (revenue +14.8% year-over-year).
- 2022: Revenue of $60K, expenses of $80K, and assets of $1.8M (revenue -74.5% year-over-year).
- 2021: Revenue of $235K, expenses of $73K, and assets of $2.0M (revenue +217.1% year-over-year).
- 2020: Revenue of $74K, expenses of $61K, and assets of $1.8M (revenue -33.7% year-over-year).
- 2019: Revenue of $112K, expenses of $70K, and assets of $1.7M (revenue +16.0% year-over-year).
- 2018: Revenue of $96K, expenses of $72K, and assets of $1.6M (revenue -48.7% year-over-year).
- 2017: Revenue of $188K, expenses of $49K, and assets of $1.7M (revenue -9.7% year-over-year).
- 2016: Revenue of $208K, expenses of $61K, and assets of $1.6M (revenue -44.6% year-over-year).
- 2015: Revenue of $375K, expenses of $59K, and assets of $1.4M (revenue +152.0% year-over-year).
- 2014: Revenue of $149K, expenses of $43K, and assets of $1.1M (revenue +47.8% year-over-year).
- 2013: Revenue of $101K, expenses of $63K, and assets of $1.0M (revenue +40.3% year-over-year).
- 2012: Revenue of $72K, expenses of $70K, and assets of $901K (revenue -18.3% year-over-year).
- 2011: Revenue of $88K, expenses of $59K, and assets of $899K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New England Wireless & Steam Museum:
Data Sources and Methodology
This transparency report for New England Wireless & Steam 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.