Red Skelton Museum Foundation Inc

Red Skelton Museum Foundation shows stable assets and zero officer compensation amidst fluctuating revenues.

EIN: 208202140 · Vincennes, IN · NTEE: A11 · Updated: 2026-03-28

$263KRevenue
$194KGross Revenue
$4.8MAssets
85/100Mission Score (Excellent)
A11
Red Skelton Museum Foundation Inc Financial Summary
MetricValue
Total Revenue$263K
Total Expenses$230K
Program Spending80%
CEO/Top Officer Pay$4
Net Assets$4.9M
Transparency Score85/100

Search Intent Cockpit

Red Skelton Museum Foundation Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Red Skelton Museum Foundation Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Red Skelton Museum Foundation Inc in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $642K and expenses of $230K.

Revenue and Expenses

Red Skelton Museum Foundation Inc reported $642K in revenue and $230K in expenses, a surplus of $412K.

Executive Compensation

Top officer compensation appears as $4 in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

85/100 mission score, 2 red flags, and 5 strengths are shown from structured and AI review.

Is Red Skelton Museum Foundation Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

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

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
80%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Red Skelton Museum Foundation Inc Expense Deployment
Program services$184K (80%)

Across stored filings, Red Skelton Museum Foundation Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Red Skelton Museum Foundation Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 2 red flags identified
Mission spend80% to programsExcellent
Financial durabilityGrade A13 stored filing years
Peer contextCompare with Sigma Kappa SororityIndiana and Arts & Culture context

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Red Skelton Museum Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Red Skelton Museum Foundation Inc

Red Skelton Museum Foundation Inc (EIN: 208202140) is a nonprofit organization based in Vincennes, IN, classified under NTEE code A11. The organization reported total revenue of $263K and total assets of $4.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Red Skelton Museum Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Red Skelton Museum Foundation Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.6%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$642K
Total Expenses$230K
Surplus / Deficit+$412K
Total Assets$4.9M
Total Liabilities$3K
Net Assets$4.9M
Operating Margin64.1%
Debt-to-Asset Ratio0.1%
Months of Reserves255.2 months

Financial Health Grade: A

In 2023, Red Skelton Museum Foundation Inc reported a surplus of $412K with revenue exceeding expenses, holds 255.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Red Skelton Museum Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.

YearRevenue ChangeExpense ChangeAsset Change
2023+332.4%-13.3%+9.2%
2022-32.4%+31.9%-2.5%
2021+132.3%+4.2%+0.9%
2020-30.3%-10.4%-1.6%
2019+8.2%-2.0%-1.7%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2007

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

AI Transparency Report

The Red Skelton Museum Foundation Inc demonstrates a generally stable financial position, with assets consistently around $4.5 million to $4.8 million over the past decade. The organization's revenue has shown significant variability, ranging from a low of $94,467 in 2020 to a high of $641,502 in 2023. Despite this fluctuation, expenses have remained relatively consistent, typically between $190,000 and $270,000 annually. The substantial revenue in 2023 ($641,502) compared to expenses ($229,982) indicates a strong surplus for that period, which is a positive sign for financial health. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of volunteer leadership, contributing to lower administrative costs and indicating good transparency regarding executive pay. Spending efficiency appears to be reasonable, especially given the consistent expense levels. The organization's ability to operate with no reported officer compensation is a significant factor in its efficiency. While specific program spending ratios are not detailed in the provided data, the overall financial picture suggests a lean operation. The foundation's consistent asset base, despite varying revenues, implies effective management of its resources. The low liabilities reported across all periods further underscore a healthy balance sheet. Transparency is strong regarding executive compensation, with 0% reported for officers. The consistent filing of IRS Form 990s over many years also indicates a commitment to public disclosure. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a complete assessment of spending efficiency and program focus is challenging. The significant increase in revenue in 2023, while positive, would warrant further investigation into its source to understand its sustainability and impact on future operations.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Red Skelton Museum Foundation Inc 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: 80%
  • fundraising: 5%

According to IRS 990 filings, Red Skelton Museum Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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:

$642KTotal Revenue
$230KTotal Expenses
$4.9MTotal Assets
$3KTotal Liabilities
$4.9MNet Assets
  • The organization reported a surplus of $412K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 0.1%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that officers are not compensated, which is highly favorable for a nonprofit of its size with assets consistently above $4 million.

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 Red Skelton Museum Foundation Inc's IRS 990 filings:

  • Highly variable annual revenue, making future financial planning potentially challenging.
  • Lack of detailed expense breakdown (program, admin, fundraising) in provided data limits full efficiency assessment.

Strengths

The following positive indicators were identified for Red Skelton Museum Foundation Inc:

  • Consistent asset base, indicating strong financial stability (e.g., $4,891,731 in 2023).
  • Zero officer compensation reported across all filings, demonstrating highly efficient leadership and resource allocation.
  • Low liabilities consistently reported, indicating a healthy balance sheet (e.g., $3,318 in 2023).
  • Strong surplus in 2023 ($641,502 revenue vs. $229,982 expenses), indicating effective financial management for that period.
  • Long history of IRS 990 filings, suggesting good transparency and compliance.

Frequently Asked Questions about Red Skelton Museum Foundation Inc

Is Red Skelton Museum Foundation Inc a legitimate charity?

Red Skelton Museum Foundation Inc (EIN: 208202140) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $263K. 2 red flags identified. 5 strengths noted. Financial health grade: A.

How does Red Skelton Museum Foundation Inc spend its money?

Red Skelton Museum Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Red Skelton Museum Foundation Inc tax-deductible?

Red Skelton Museum Foundation Inc is registered as a tax-exempt nonprofit (EIN: 208202140). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Red Skelton Museum Foundation Inc CEO make?

Red Skelton Museum Foundation Inc's highest-compensated officer earns $4 annually. The organization reported $263K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Red Skelton Museum Foundation Inc's spending goes to programs?

Red Skelton Museum Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Red Skelton Museum Foundation Inc compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Red Skelton Museum Foundation Inc is above average for NTEE category A11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Red Skelton Museum Foundation Inc located?

Red Skelton Museum Foundation Inc is headquartered in Vincennes, Indiana and files with the IRS under EIN 208202140. It is classified under NTEE code A11.

How many years of IRS 990 filings does Red Skelton Museum Foundation Inc have?

Red Skelton Museum Foundation 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 $263K in total revenue.

How does the Red Skelton Museum Foundation Inc manage its significant asset base?

The organization consistently maintains assets around $4.5 million to $4.8 million, suggesting a focus on long-term financial stability, likely through endowments or investment strategies, given its museum foundation nature.

What caused the significant revenue increase in 2023?

In 2023, revenue jumped to $641,502 from $148,363 in 2022. This substantial increase could be due to a major grant, a successful fundraising campaign, or a large donation, which would be important to understand for future sustainability.

What are the primary program activities funded by the foundation?

As a museum foundation, its primary program activities likely involve museum operations, exhibits, educational programs, and preservation efforts related to Red Skelton's legacy, though specific details are not provided in the financial summary.

Filing History

IRS 990 filing history for Red Skelton Museum Foundation Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Red Skelton Museum Foundation Inc's revenue has grown by 71.5%, moving from $374K to $642K. Total assets increased by 39.8% over the same period, from $3.5M to $4.9M. Total functional expenses rose by 62.5%, from $141K to $230K. In its most recent filing year (2023), Red Skelton Museum Foundation Inc reported a surplus of $412K, with revenue exceeding expenses. The organization holds $3K in liabilities against $4.9M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $4.9M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $642K $230K $4.9M $3K
2022 $148K $265K $4.5M $3K View 990
2021 $219K $201K $4.6M $3K View 990
2020 $94K $193K $4.6M $3K
2019 $135K $215K $4.6M $3K View 990
2018 $125K $220K $4.7M $2K View 990
2017 $329K $204K $4.8M $2K View 990
2016 $148K $204K $4.7M $2K View 990
2015 $185K $223K $4.7M $2K View 990
2014 $251K $262K $4.8M $5K View 990
2013 $261K $196K $4.8M $4K View 990
2012 $1.4M $179K $4.7M $2K View 990
2011 $374K $141K $3.5M $899 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $642K, expenses of $230K, and assets of $4.9M (revenue +332.4% year-over-year).
  • 2022: Revenue of $148K, expenses of $265K, and assets of $4.5M (revenue -32.4% year-over-year).
  • 2021: Revenue of $219K, expenses of $201K, and assets of $4.6M (revenue +132.3% year-over-year).
  • 2020: Revenue of $94K, expenses of $193K, and assets of $4.6M (revenue -30.3% year-over-year).
  • 2019: Revenue of $135K, expenses of $215K, and assets of $4.6M (revenue +8.2% year-over-year).
  • 2018: Revenue of $125K, expenses of $220K, and assets of $4.7M (revenue -62.0% year-over-year).
  • 2017: Revenue of $329K, expenses of $204K, and assets of $4.8M (revenue +122.7% year-over-year).
  • 2016: Revenue of $148K, expenses of $204K, and assets of $4.7M (revenue -20.2% year-over-year).
  • 2015: Revenue of $185K, expenses of $223K, and assets of $4.7M (revenue -26.2% year-over-year).
  • 2014: Revenue of $251K, expenses of $262K, and assets of $4.8M (revenue -3.8% year-over-year).
  • 2013: Revenue of $261K, expenses of $196K, and assets of $4.8M (revenue -81.3% year-over-year).
  • 2012: Revenue of $1.4M, expenses of $179K, and assets of $4.7M (revenue +273.1% year-over-year).
  • 2011: Revenue of $374K, expenses of $141K, and assets of $3.5M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Red Skelton Museum Foundation 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 Red Skelton Museum Foundation 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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