Rock & Roll Hall Of Fame Foundation Inc
Rock & Roll Hall Of Fame Foundation Inc. shows strong revenue rebound and zero officer compensation amidst fluctuating financial metrics and rising liabilities.
EIN: 133171867 · New York, NY · NTEE: A500 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $14.4M |
| Total Expenses | $10.3M |
| Program Spending | 80% |
| Net Assets | $16.4M |
| Transparency Score | 85/100 |
Is Rock & Roll Hall Of Fame Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rock & Roll Hall Of Fame Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rock & Roll Hall Of Fame Foundation Inc
Rock & Roll Hall Of Fame Foundation Inc (EIN: 133171867) is a nonprofit organization based in New York, NY, classified under NTEE code A500. The organization reported total revenue of $14.4M and total assets of $22.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rock & Roll Hall Of Fame Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rock & Roll Hall Of Fame Foundation Inc is a large nonprofit that has been operating for 40 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 15.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $13.0M |
| Total Expenses | $10.3M |
| Surplus / Deficit | +$2.7M |
| Total Assets | $16.4M |
| Total Liabilities | $16K |
| Net Assets | $16.4M |
| Operating Margin | 21.0% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 19.2 months |
Financial Health Grade: A
In 2023, Rock & Roll Hall Of Fame Foundation Inc reported a surplus of $2.7M with revenue exceeding expenses, holds 19.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Rock & Roll Hall Of Fame Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +161.9% | +18.1% | -8.0% |
| 2022 | -6.3% | +170.7% | -22.4% |
| 2021 | +638.6% | +187.7% | +25.0% |
| 2020 | -70.2% | -22.1% | +15.7% |
| 2019 | -34.4% | +1.9% | +9.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 Rock & Roll Hall Of Fame 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Rock & Roll Hall Of Fame Foundation Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. 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:
- The organization reported a surplus of $2.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers. This is a strong positive for financial efficiency and suggests that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which enhances the perception of funds being directed towards the mission.
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 Rock & Roll Hall Of Fame Foundation Inc's IRS 990 filings:
- Significant increase in liabilities to $16,150,000 in 2023 without further explanation.
- Highly fluctuating revenue and expense figures over the past decade, indicating potential instability or reliance on unpredictable funding sources.
Strengths
The following positive indicators were identified for Rock & Roll Hall Of Fame Foundation Inc:
- Consistent 0% officer compensation, demonstrating a strong commitment to directing funds towards the mission.
- Strong revenue rebound in 2023 to $13,002,570, indicating renewed financial health post-pandemic challenges.
- Overall growth in assets from $11,073,686 in 2014 to $16,449,107 in 2023, suggesting long-term financial accumulation.
Frequently Asked Questions about Rock & Roll Hall Of Fame Foundation Inc
Is Rock & Roll Hall Of Fame Foundation Inc a legitimate charity?
Rock & Roll Hall Of Fame Foundation Inc (EIN: 133171867) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $14.4M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Rock & Roll Hall Of Fame Foundation Inc spend its money?
Rock & Roll Hall Of Fame Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Rock & Roll Hall Of Fame Foundation Inc tax-deductible?
Rock & Roll Hall Of Fame Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133171867). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Rock & Roll Hall Of Fame Foundation Inc's spending goes to programs?
Rock & Roll Hall Of Fame Foundation Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rock & Roll Hall Of Fame Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Rock & Roll Hall Of Fame Foundation Inc is above average for NTEE category A500 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rock & Roll Hall Of Fame Foundation Inc located?
Rock & Roll Hall Of Fame Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 133171867. It is classified under NTEE code A500.
How many years of IRS 990 filings does Rock & Roll Hall Of Fame Foundation Inc have?
Rock & Roll Hall Of Fame Foundation Inc has 12 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 $14.4M in total revenue.
What caused the significant increase in liabilities to $16,150,000 in 2023?
The provided data does not specify the nature of the liabilities. A detailed review of the full IRS Form 990 for 2023 would be necessary to understand the components of this substantial increase, such as new debt, deferred revenue, or other obligations.
How does the organization manage its program expenses given the fluctuating revenue?
The organization's expenses have varied significantly, from $1,117,603 in 2020 to $10,273,865 in 2023. This suggests an adaptive spending model, likely scaling programs based on available revenue, though specific program spending details are not provided in this summary.
What is the primary source of the recent revenue surge to $13,002,570 in 2023?
While the data shows a strong revenue rebound, the specific sources (e.g., contributions, program service revenue, investment income) are not detailed. A deeper dive into the 2023 filing would clarify the drivers of this growth.
Filing History
IRS 990 filing history for Rock & Roll Hall Of Fame Foundation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Rock & Roll Hall Of Fame Foundation Inc's revenue has grown by 370.3%, moving from $2.8M to $13.0M. Total assets increased by 103.8% over the same period, from $8.1M to $16.4M. Total functional expenses rose by 299.2%, from $2.6M to $10.3M. In its most recent filing year (2023), Rock & Roll Hall Of Fame Foundation Inc reported a surplus of $2.7M, with revenue exceeding expenses. The organization holds $16K in liabilities against $16.4M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $16.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $13.0M | $10.3M | $16.4M | $16K | — | View 990 |
| 2022 | $5.0M | $8.7M | $17.9M | $4.9M | — | View 990 |
| 2021 | $5.3M | $3.2M | $23.0M | $3.0M | — | View 990 |
| 2020 | $717K | $1.1M | $18.4M | $3.0M | — | View 990 |
| 2019 | $2.4M | $1.4M | $15.9M | $158K | — | View 990 |
| 2018 | $3.7M | $1.4M | $14.5M | $151K | — | View 990 |
| 2017 | $3.1M | $5.2M | $11.6M | $129K | — | View 990 |
| 2016 | $1.4M | $1.0M | $13.2M | $117K | — | View 990 |
| 2015 | $3.6M | $1.7M | $13.4M | $114K | — | View 990 |
| 2014 | $7.3M | $6.7M | $11.1M | $110K | — | View 990 |
| 2013 | $6.3M | $4.9M | $9.8M | $147K | — | View 990 |
| 2012 | $2.8M | $2.6M | $8.1M | $300K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $13.0M, expenses of $10.3M, and assets of $16.4M (revenue +161.9% year-over-year).
- 2022: Revenue of $5.0M, expenses of $8.7M, and assets of $17.9M (revenue -6.3% year-over-year).
- 2021: Revenue of $5.3M, expenses of $3.2M, and assets of $23.0M (revenue +638.6% year-over-year).
- 2020: Revenue of $717K, expenses of $1.1M, and assets of $18.4M (revenue -70.2% year-over-year).
- 2019: Revenue of $2.4M, expenses of $1.4M, and assets of $15.9M (revenue -34.4% year-over-year).
- 2018: Revenue of $3.7M, expenses of $1.4M, and assets of $14.5M (revenue +17.9% year-over-year).
- 2017: Revenue of $3.1M, expenses of $5.2M, and assets of $11.6M (revenue +122.4% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.0M, and assets of $13.2M (revenue -61.5% year-over-year).
- 2015: Revenue of $3.6M, expenses of $1.7M, and assets of $13.4M (revenue -49.9% year-over-year).
- 2014: Revenue of $7.3M, expenses of $6.7M, and assets of $11.1M (revenue +15.9% year-over-year).
- 2013: Revenue of $6.3M, expenses of $4.9M, and assets of $9.8M (revenue +126.5% year-over-year).
- 2012: Revenue of $2.8M, expenses of $2.6M, and assets of $8.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rock & Roll Hall Of Fame Foundation Inc:
Data Sources and Methodology
This transparency report for Rock & Roll Hall Of Fame 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.