Rockwell Museum
Rockwell Museum: Strong Financials, Consistent Program Spending
EIN: 222468604 · Corning, NY · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $5.9M |
| Total Expenses | $4.6M |
| Program Spending | 85% |
| Net Assets | $8.4M |
| Transparency Score | 85/100 |
Is Rockwell Museum Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rockwell Museum directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rockwell Museum
Rockwell Museum (EIN: 222468604) is a nonprofit organization based in Corning, NY. The organization reported total revenue of $5.9M and total assets of $9.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rockwell Museum's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rockwell Museum is a mid-size nonprofit that has been operating for 42 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.8M |
| Total Expenses | $4.6M |
| Surplus / Deficit | +$145K |
| Total Assets | $8.7M |
| Total Liabilities | $307K |
| Net Assets | $8.4M |
| Operating Margin | 3.0% |
| Debt-to-Asset Ratio | 3.5% |
| Months of Reserves | 22.4 months |
Financial Health Grade: A
In 2023, Rockwell Museum reported a surplus of $145K with revenue exceeding expenses, holds 22.4 months of operating reserves (strong position), has a debt-to-asset ratio of 3.5% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Rockwell Museum's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.7% | +0.6% | +9.0% |
| 2022 | +6.0% | +7.6% | -4.5% |
| 2021 | +13.5% | +3.4% | +13.3% |
| 2020 | -7.6% | -16.4% | +17.7% |
| 2019 | +34.3% | +35.1% | +19.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
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 Rockwell 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Rockwell Museum 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:
- The organization reported a surplus of $145K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.5%.
Executive Compensation Analysis
Executive compensation details are not provided in the given data, making a specific assessment impossible without further information on individual salaries.
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 Rockwell Museum:
- Consistent revenue generation over multiple years, demonstrating financial stability.
- Healthy asset growth, with total assets increasing from $6,253,348 in 2019 to $8,679,362 in 2023.
- Strong program spending, with a high percentage of expenses dedicated to its mission.
- Low liabilities relative to assets, indicating good financial health.
Frequently Asked Questions about Rockwell Museum
Is Rockwell Museum a legitimate charity?
Based on AI analysis of IRS 990 filings, Rockwell Museum (EIN: 222468604) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Rockwell Museum spend its money?
Rockwell Museum directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Rockwell Museum tax-deductible?
Rockwell Museum is registered as a tax-exempt nonprofit (EIN: 222468604). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Rockwell Museum's spending goes to programs?
Rockwell Museum directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Rockwell Museum located?
Rockwell Museum is headquartered in Corning, New York and files with the IRS under EIN 222468604.
How many years of IRS 990 filings does Rockwell Museum have?
Rockwell Museum has 10 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 $5.9M in total revenue.
What does Rockwell Museum do?
Rockwell Museum is a nonprofit organization in the Unknown sector, located in Corning, New York. It is classified under NTEE code Unknown.
How much revenue does Rockwell Museum have?
Rockwell Museum reported total revenue of $5,911,384. Based on 10 IRS 990 filings on record.
What are Rockwell Museum's total assets?
Rockwell Museum holds total assets of $9,643,158 as reported in IRS 990 filings.
Where is Rockwell Museum located?
Rockwell Museum is based in Corning, New York.
What is Rockwell Museum's EIN?
Rockwell Museum's Employer Identification Number (EIN) is 222468604. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Rockwell Museum?
Rockwell Museum is classified under NTEE code Unknown (Unknown).
Is Rockwell Museum a registered 501(c)(3)?
Rockwell Museum appears in IRS records (EIN: 222468604). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Rockwell Museum file IRS Form 990?
Yes, Rockwell Museum has 10 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Rockwell Museum's revenue in 2023?
In the 202312 filing period, Rockwell Museum reported total revenue of $4,792,904, total expenses of $4,647,663, and net assets of $8,679,362.
Is Rockwell Museum's revenue growing or declining?
Rockwell Museum's revenue is declining. Revenue went from $5,553,060 (202212) to $4,792,904 (202312), a -13.7% change. Based on 10 filings on record.
What is Rockwell Museum's most recent 990 filing?
The most recent IRS Form 990 filing for Rockwell Museum covers tax period 202312. It shows revenue of $4,792,904, expenses of $4,647,663, total assets of $8,679,362, and liabilities of $306,530.
How much does Rockwell Museum spend on programs vs administration?
Based on IRS 990 analysis, Rockwell Museum allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Rockwell Museum a trustworthy charity?
Based on AI analysis of IRS 990 data, Rockwell Museum appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Rockwell Museum's strengths?
Positive indicators for Rockwell Museum include: Consistent revenue generation over multiple years, demonstrating financial stability.. Healthy asset growth, with total assets increasing from $6,253,348 in 2019 to $8,679,362 in 2023.. Strong program spending, with a high percentage of expenses dedicated to its mission.. Low liabilities relative to assets, indicating good financial health.. These findings are derived from AI analysis of the organization's financial filings.
How does Rockwell Museum compensate executives?
Executive compensation details are not provided in the given data, making a specific assessment impossible without further information on individual salaries. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has Rockwell Museum managed to maintain consistent revenue streams despite economic fluctuations?
The museum has shown remarkable consistency in its revenue, with figures generally staying above $4.6 million annually since 2019, peaking at $5,553,060 in 2022. This suggests a stable donor base, effective fundraising strategies, or consistent visitor engagement.
What is the trend in the museum's net assets over the past five years?
The museum's net assets have shown a positive trend, increasing from $6,253,348 in 2019 to $8,679,362 in 2023, indicating sound financial management and growth in its overall financial health.
Filing History
IRS 990 filing history for Rockwell Museum showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Rockwell Museum's revenue has grown by 64.9%, moving from $2.9M to $4.8M. Total assets increased by 92.6% over the same period, from $4.5M to $8.7M. Total functional expenses rose by 70.3%, from $2.7M to $4.6M. In its most recent filing year (2023), Rockwell Museum reported a surplus of $145K, with revenue exceeding expenses. The organization holds $307K in liabilities against $8.7M in assets (debt-to-asset ratio: 3.5%), resulting in net assets of $8.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.8M | $4.6M | $8.7M | $307K | — | View 990 |
| 2022 | $5.6M | $4.6M | $8.0M | $300K | — | View 990 |
| 2021 | $5.2M | $4.3M | $8.3M | $491K | — | View 990 |
| 2020 | $4.6M | $4.1M | $7.4M | $204K | — | — |
| 2019 | $5.0M | $5.0M | $6.3M | $155K | — | View 990 |
| 2015 | $3.7M | $3.7M | $5.2M | $117K | — | View 990 |
| 2014 | $3.9M | $3.5M | $5.4M | $151K | — | View 990 |
| 2013 | $3.6M | $3.3M | $5.2M | $109K | — | View 990 |
| 2012 | $3.4M | $3.0M | $4.9M | $112K | — | View 990 |
| 2011 | $2.9M | $2.7M | $4.5M | $87K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.8M, expenses of $4.6M, and assets of $8.7M (revenue -13.7% year-over-year).
- 2022: Revenue of $5.6M, expenses of $4.6M, and assets of $8.0M (revenue +6.0% year-over-year).
- 2021: Revenue of $5.2M, expenses of $4.3M, and assets of $8.3M (revenue +13.5% year-over-year).
- 2020: Revenue of $4.6M, expenses of $4.1M, and assets of $7.4M (revenue -7.6% year-over-year).
- 2019: Revenue of $5.0M, expenses of $5.0M, and assets of $6.3M (revenue +34.3% year-over-year).
- 2015: Revenue of $3.7M, expenses of $3.7M, and assets of $5.2M (revenue -4.1% year-over-year).
- 2014: Revenue of $3.9M, expenses of $3.5M, and assets of $5.4M (revenue +9.2% year-over-year).
- 2013: Revenue of $3.6M, expenses of $3.3M, and assets of $5.2M (revenue +4.4% year-over-year).
- 2012: Revenue of $3.4M, expenses of $3.0M, and assets of $4.9M (revenue +17.1% year-over-year).
- 2011: Revenue of $2.9M, expenses of $2.7M, and assets of $4.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rockwell Museum:
Data Sources and Methodology
This transparency report for Rockwell 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.