New Hampshire Farm Museum Inc

New Hampshire Farm Museum Inc shows consistent asset growth and no reported officer compensation over the past decade.

EIN: 20301208 · Milton, NH · NTEE: A540 · Updated: 2026-03-28

$205KRevenue
$1.5MAssets
88/100Mission Score (Excellent)
A540
New Hampshire Farm Museum Inc Financial Summary
MetricValue
Total Revenue$205K
Total Expenses$238K
Program Spending85%
CEO/Top Officer Pay$1.6
Net Assets$1.6M
Transparency Score88/100

Is New Hampshire Farm Museum Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

New Hampshire Farm Museum Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About New Hampshire Farm Museum Inc

New Hampshire Farm Museum Inc (EIN: 20301208) is a nonprofit organization based in Milton, NH, classified under NTEE code A540. The organization reported total revenue of $205K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Hampshire Farm Museum Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

54Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

New Hampshire Farm Museum Inc is a small nonprofit that has been operating for 54 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.0%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$255K
Total Expenses$238K
Surplus / Deficit+$17K
Total Assets$1.6M
Total Liabilities$13K
Net Assets$1.6M
Operating Margin6.8%
Debt-to-Asset Ratio0.8%
Months of Reserves82.1 months

Financial Health Grade: A

In 2023, New Hampshire Farm Museum Inc reported a surplus of $17K with revenue exceeding expenses, holds 82.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), New Hampshire Farm Museum Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.0%.

YearRevenue ChangeExpense ChangeAsset Change
2023+48.6%+55.3%+1.1%
2022+35.2%+73.7%+1.8%
2021+15.3%+64.8%+5.6%
2020-69.9%-58.3%+3.9%
2019+249.3%+32.3%+19.8%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date1972

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The New Hampshire Farm Museum Inc demonstrates a generally stable financial position with consistent asset growth over the past decade, reaching $1,627,218 in 2023. The organization has shown a positive trend in revenue and expenses in recent years, with 2023 revenue at $255,371 exceeding expenses of $237,943, indicating sound operational management. Their liabilities remain low, at $13,427 in 2023, suggesting good financial control and minimal debt burden. Spending efficiency appears strong, particularly given the reported 0% officer compensation across all available filings, which suggests a volunteer-driven leadership or very modest compensation not reported as officer pay. This contributes to a higher proportion of funds likely being directed towards program services. The consistent growth in assets, even during periods of fluctuating revenue, indicates effective stewardship of resources. In terms of transparency, the consistent filing of IRS Form 990s over 13 periods is a positive indicator. The absence of reported officer compensation is a significant transparency point, implying that the organization's leadership is either unpaid or compensated through other means not categorized as officer compensation, which warrants further investigation for a complete picture of executive costs. Overall, the financial data suggests a well-managed and program-focused organization.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates New Hampshire Farm Museum Inc with a Mission Score of 88 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

According to IRS 990 filings, New Hampshire Farm Museum Inc 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:

$255KTotal Revenue
$238KTotal Expenses
$1.6MTotal Assets
$13KTotal Liabilities
$1.6MNet Assets

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's officers are either unpaid volunteers or compensated through mechanisms not classified as officer compensation on the Form 990, which is highly unusual for an organization with over $1.6 million in assets.

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 New Hampshire Farm Museum Inc's IRS 990 filings:

Strengths

The following positive indicators were identified for New Hampshire Farm Museum Inc:

Frequently Asked Questions about New Hampshire Farm Museum Inc

Is New Hampshire Farm Museum Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, New Hampshire Farm Museum Inc (EIN: 20301208) some concerns. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.

How does New Hampshire Farm Museum Inc spend its money?

New Hampshire Farm Museum Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to New Hampshire Farm Museum Inc tax-deductible?

New Hampshire Farm Museum Inc is registered as a tax-exempt nonprofit (EIN: 20301208). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the New Hampshire Farm Museum Inc CEO make?

New Hampshire Farm Museum Inc's highest-compensated officer earns $1.6 annually. The organization reported $205K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of New Hampshire Farm Museum Inc's spending goes to programs?

New Hampshire Farm Museum Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does New Hampshire Farm Museum Inc compare to similar nonprofits?

With a transparency score of 88/100 (Excellent), New Hampshire Farm Museum Inc is above average for NTEE category A540 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is New Hampshire Farm Museum Inc located?

New Hampshire Farm Museum Inc is headquartered in Milton, New Hampshire and files with the IRS under EIN 20301208. It is classified under NTEE code A540.

How many years of IRS 990 filings does New Hampshire Farm Museum Inc have?

New Hampshire Farm Museum Inc 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 $205K in total revenue.

Is New Hampshire Farm Museum Inc a good charity?

Based on the financial data, the New Hampshire Farm Museum Inc appears to be a well-managed charity with consistent asset growth and a strong commitment to program spending, evidenced by 0% reported officer compensation. Their low liabilities and positive net income in recent years also suggest financial stability.

How does the organization manage without paid officers?

The consistent reporting of 0% officer compensation across all filings suggests that the organization relies heavily on volunteer leadership or that any compensation for leadership roles is categorized differently within their expenses, which would require a deeper dive into their detailed expense breakdown to understand fully.

What is the trend in the organization's revenue?

Revenue has fluctuated over the past decade, with a notable peak of $366,145 in 2019 and a recent upward trend from $110,194 in 2020 to $255,371 in 2023, indicating a recovery and growth in funding.

How has the organization's asset base changed over time?

The organization has shown consistent and significant asset growth, increasing from $1,193,780 in 2017 to $1,627,218 in 2023, demonstrating effective financial stewardship and accumulation of resources.

Filing History

IRS 990 filing history for New Hampshire Farm Museum Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), New Hampshire Farm Museum Inc's revenue has grown by 80%, moving from $142K to $255K. Total assets decreased by 26.3% over the same period, from $2.2M to $1.6M. Total functional expenses rose by 62.5%, from $146K to $238K. In its most recent filing year (2023), New Hampshire Farm Museum Inc reported a surplus of $17K, with revenue exceeding expenses. The organization holds $13K in liabilities against $1.6M in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $1.6M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $255K $238K $1.6M $13K
2022 $172K $153K $1.6M $13K View 990
2021 $127K $88K $1.6M $3K View 990
2020 $110K $54K $1.5M $938 View 990
2019 $366K $128K $1.4M $1K View 990
2018 $105K $97K $1.2M $731 View 990
2017 $100K $124K $1.2M $29 View 990
2016 $131K $137K $1.2M $29K View 990
2015 $169K $163K $1.2M $1K View 990
2014 $239K $148K $1.2M $1K View 990
2013 $333K $157K $1.1M $1K View 990
2012 $196K $149K $978K $28K View 990
2011 $142K $146K $2.2M $29K View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for New Hampshire Farm Museum Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for New Hampshire Farm Museum Inc 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.

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