Sankofa Childrens Museum Of African Cultures
EIN: 811771777 · Baltimore, MD · NTEE: A52
| Metric | Value |
|---|---|
| Total Revenue | $165K |
| Total Expenses | $175K |
| Net Assets | $133K |
Is Sankofa Childrens Museum Of African Cultures Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sankofa Childrens Museum Of African Cultures
Sankofa Childrens Museum Of African Cultures (EIN: 811771777) is a nonprofit organization based in Baltimore, MD, classified under NTEE code A52. The organization reported total revenue of $165K and total assets of $228K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sankofa Childrens Museum Of African Cultures's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sankofa Childrens Museum Of African Cultures is a small nonprofit that has been operating for 10 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 12.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $200K |
| Total Expenses | $175K |
| Surplus / Deficit | +$25K |
| Total Assets | $237K |
| Total Liabilities | $104K |
| Net Assets | $133K |
| Operating Margin | 12.5% |
| Debt-to-Asset Ratio | 44.0% |
| Months of Reserves | 16.3 months |
Financial Health Grade: A
In 2023, Sankofa Childrens Museum Of African Cultures reported a surplus of $25K with revenue exceeding expenses, holds 16.3 months of operating reserves (strong position), has a debt-to-asset ratio of 44.0% (moderate leverage).
Financial Trends
Over 5 years of filings (2019–2023), Sankofa Childrens Museum Of African Cultures's revenue has grown at a compound annual growth rate (CAGR) of 12.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.8% | +39.4% | -33.6% |
| 2022 | +494.8% | +49.7% | +103.1% |
| 2021 | -32.1% | +2.8% | +22.9% |
| 2020 | -53.2% | +35.1% | +27.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sankofa Childrens Museum Of African Cultures 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 Sankofa Childrens Museum Of African Cultures 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 $25K, with revenue exceeding expenses.
- Debt-to-asset ratio: 44.0%.
Frequently Asked Questions about Sankofa Childrens Museum Of African Cultures
Is Sankofa Childrens Museum Of African Cultures a legitimate charity?
Sankofa Childrens Museum Of African Cultures (EIN: 811771777) is a registered tax-exempt nonprofit based in Maryland. It has 5 years of IRS 990 filings on record. Total revenue: $165K. No red flags identified. Financial health grade: A.
How does Sankofa Childrens Museum Of African Cultures spend its money?
Sankofa Childrens Museum Of African Cultures reported $165K in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Sankofa Childrens Museum Of African Cultures tax-deductible?
Sankofa Childrens Museum Of African Cultures is registered as a tax-exempt nonprofit (EIN: 811771777). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sankofa Childrens Museum Of African Cultures located?
Sankofa Childrens Museum Of African Cultures is headquartered in Baltimore, Maryland and files with the IRS under EIN 811771777. It is classified under NTEE code A52.
How many years of IRS 990 filings does Sankofa Childrens Museum Of African Cultures have?
Sankofa Childrens Museum Of African Cultures has 5 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 $165K in total revenue.
Filing History
IRS 990 filing history for Sankofa Childrens Museum Of African Cultures showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Sankofa Childrens Museum Of African Cultures's revenue has grown by 57.1%, moving from $127K to $200K. Total assets increased by 111.1% over the same period, from $112K to $237K. Total functional expenses rose by 190%, from $60K to $175K. In its most recent filing year (2023), Sankofa Childrens Museum Of African Cultures reported a surplus of $25K, with revenue exceeding expenses. The organization holds $104K in liabilities against $237K in assets (debt-to-asset ratio: 44.0%), resulting in net assets of $133K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $200K | $175K | $237K | $104K | — | View 990 |
| 2022 | $241K | $126K | $357K | $171K | — | — |
| 2021 | $40K | $84K | $176K | $105K | — | View 990 |
| 2020 | $60K | $82K | $143K | $28K | — | — |
| 2019 | $127K | $60K | $112K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $200K, expenses of $175K, and assets of $237K (revenue -16.8% year-over-year).
- 2022: Revenue of $241K, expenses of $126K, and assets of $357K (revenue +494.8% year-over-year).
- 2021: Revenue of $40K, expenses of $84K, and assets of $176K (revenue -32.1% year-over-year).
- 2020: Revenue of $60K, expenses of $82K, and assets of $143K (revenue -53.2% year-over-year).
- 2019: Revenue of $127K, expenses of $60K, and assets of $112K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sankofa Childrens Museum Of African Cultures:
Data Sources and Methodology
This transparency report for Sankofa Childrens Museum Of African Cultures 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.