Riverfront Museum Park
EIN: 363605403 · Rockford, IL
| Metric | Value |
|---|---|
| Total Expenses | $832K |
| Net Assets | $558K |
Is Riverfront Museum Park Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Riverfront Museum Park
Riverfront Museum Park (EIN: 363605403) is a nonprofit organization based in Rockford, IL. The organization reported total revenue of $0 and total assets of $555K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Riverfront Museum Park's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Riverfront Museum Park is a small nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $961K |
| Total Expenses | $832K |
| Surplus / Deficit | +$129K |
| Total Assets | $590K |
| Total Liabilities | $32K |
| Net Assets | $558K |
| Operating Margin | 13.4% |
| Debt-to-Asset Ratio | 5.5% |
| Months of Reserves | 8.5 months |
Financial Health Grade: A
In 2023, Riverfront Museum Park reported a surplus of $129K with revenue exceeding expenses, holds 8.5 months of operating reserves (strong position), has a debt-to-asset ratio of 5.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Riverfront Museum Park's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +28.0% | +16.2% | +28.3% |
| 2022 | -0.5% | +6.5% | +1.5% |
| 2021 | +21.7% | +10.4% | +67.4% |
| 2020 | -5.0% | -13.6% | +22.8% |
| 2019 | +2.0% | +16.6% | -21.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Riverfront Museum Park 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 Riverfront Museum Park 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 surplus of $129K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.5%.
Frequently Asked Questions about Riverfront Museum Park
Is Riverfront Museum Park a legitimate charity?
Riverfront Museum Park (EIN: 363605403) is a registered tax-exempt nonprofit based in Illinois. It has 13 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Riverfront Museum Park spend its money?
Riverfront Museum Park reported its financials in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Riverfront Museum Park tax-deductible?
Riverfront Museum Park is registered as a tax-exempt nonprofit (EIN: 363605403). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Riverfront Museum Park located?
Riverfront Museum Park is headquartered in Rockford, Illinois and files with the IRS under EIN 363605403.
How many years of IRS 990 filings does Riverfront Museum Park have?
Riverfront Museum Park 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.
Filing History
IRS 990 filing history for Riverfront Museum Park showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Riverfront Museum Park's revenue has grown by 21.7%, moving from $790K to $961K. Total assets increased by 109.9% over the same period, from $281K to $590K. Total functional expenses rose by 6.6%, from $780K to $832K. In its most recent filing year (2023), Riverfront Museum Park reported a surplus of $129K, with revenue exceeding expenses. The organization holds $32K in liabilities against $590K in assets (debt-to-asset ratio: 5.5%), resulting in net assets of $558K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $961K | $832K | $590K | $32K | — | View 990 |
| 2022 | $751K | $716K | $460K | $42K | — | View 990 |
| 2021 | $755K | $672K | $453K | $47K | — | View 990 |
| 2020 | $620K | $609K | $271K | $43K | — | View 990 |
| 2019 | $652K | $705K | $220K | $74K | — | View 990 |
| 2018 | $640K | $605K | $281K | $80K | — | View 990 |
| 2017 | $609K | $605K | $243K | $66K | — | View 990 |
| 2016 | $670K | $656K | $233K | $61K | — | View 990 |
| 2015 | $646K | $650K | $229K | $70K | — | View 990 |
| 2014 | $718K | $712K | $231K | $68K | — | View 990 |
| 2013 | $1.1M | $1.1M | $229K | $65K | — | View 990 |
| 2012 | $1.3M | $1.3M | $371K | $186K | — | View 990 |
| 2011 | $790K | $780K | $281K | $78K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $961K, expenses of $832K, and assets of $590K (revenue +28.0% year-over-year).
- 2022: Revenue of $751K, expenses of $716K, and assets of $460K (revenue -0.5% year-over-year).
- 2021: Revenue of $755K, expenses of $672K, and assets of $453K (revenue +21.7% year-over-year).
- 2020: Revenue of $620K, expenses of $609K, and assets of $271K (revenue -5.0% year-over-year).
- 2019: Revenue of $652K, expenses of $705K, and assets of $220K (revenue +2.0% year-over-year).
- 2018: Revenue of $640K, expenses of $605K, and assets of $281K (revenue +5.1% year-over-year).
- 2017: Revenue of $609K, expenses of $605K, and assets of $243K (revenue -9.1% year-over-year).
- 2016: Revenue of $670K, expenses of $656K, and assets of $233K (revenue +3.7% year-over-year).
- 2015: Revenue of $646K, expenses of $650K, and assets of $229K (revenue -10.1% year-over-year).
- 2014: Revenue of $718K, expenses of $712K, and assets of $231K (revenue -37.2% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.1M, and assets of $229K (revenue -14.8% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.3M, and assets of $371K (revenue +69.8% year-over-year).
- 2011: Revenue of $790K, expenses of $780K, and assets of $281K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Riverfront Museum Park:
Data Sources and Methodology
This transparency report for Riverfront Museum Park 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.