Red Bay Museum
Red Bay Museum allocates 75% of its $366,290 revenue to programs, maintaining a stable asset base.
EIN: 203193651 · Red Bay, AL · NTEE: A57 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $366K |
| Program Spending | 75% |
| CEO/Top Officer Pay | $366,290 |
| Transparency Score | 85/100 |
Is Red Bay Museum Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Red Bay Museum directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Red Bay Museum
Red Bay Museum (EIN: 203193651) is a nonprofit organization based in Red Bay, AL, classified under NTEE code A57. The organization reported total revenue of $366K and total assets of $369K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Red Bay Museum's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2009 |
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 Red Bay Museum with a Mission Score of 85 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
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Red Bay Museum 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
Without specific executive compensation data, it's not possible to analyze compensation relative to the organization's $366,290 revenue and $368,994 in assets. However, for an organization of this size, high executive compensation would be a significant concern.
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.
Strengths
The following positive indicators were identified for Red Bay Museum:
- Strong program spending ratio of 75%, indicating a focus on mission delivery.
- Stable financial position with assets ($368,994) comparable to annual revenue ($366,290).
- Efficient fundraising costs at 10% of total spending, suggesting effective resource acquisition.
- Reasonable administrative spending at 15%, indicating good operational management.
Frequently Asked Questions about Red Bay Museum
Is Red Bay Museum a legitimate charity?
Red Bay Museum (EIN: 203193651) is a registered tax-exempt nonprofit based in Alabama. Our AI analysis gives it a Mission Score of 85/100. Total revenue: $366K. 4 strengths noted. Financial health grade: D.
How does Red Bay Museum spend its money?
Red Bay Museum directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Red Bay Museum tax-deductible?
Red Bay Museum is registered as a tax-exempt nonprofit (EIN: 203193651). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Red Bay Museum CEO make?
Red Bay Museum's highest-compensated officer earns $366,290 annually. The organization reported $366K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Red Bay Museum's spending goes to programs?
Red Bay Museum directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Red Bay Museum compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Red Bay Museum is above average for NTEE category A57 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Red Bay Museum located?
Red Bay Museum is headquartered in Red Bay, Alabama and files with the IRS under EIN 203193651. It is classified under NTEE code A57.
How does Red Bay Museum's program spending ratio compare to similar museums?
With 75% of its spending dedicated to programs, Red Bay Museum appears to be highly efficient. Comparing this to other museums of similar size (NTEE A57) would provide a more definitive benchmark, but generally, a 75% program spending ratio is considered excellent.
What are the primary sources of Red Bay Museum's $366,290 in revenue?
The provided data only states the latest revenue figure. To understand the primary sources, a detailed breakdown from the IRS 990 filing (e.g., contributions, program service revenue, investment income) would be necessary.
Does Red Bay Museum have a significant endowment or reserve fund?
With total assets of $368,994 and latest revenue of $366,290, the assets are roughly equivalent to one year's revenue. This suggests a stable financial position but doesn't necessarily indicate a large endowment; further analysis of asset composition would be needed.
Data Sources and Methodology
This transparency report for Red Bay 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.