Sterling Park District Museum Association Sterling Park District
EIN: 363117553 · Sterling, IL
| Metric | Value |
|---|---|
| Total Revenue | $632K |
| Total Expenses | $214K |
| Net Assets | $1.8M |
Is Sterling Park District Museum Association Sterling Park District Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sterling Park District Museum Association Sterling Park District
Sterling Park District Museum Association Sterling Park District (EIN: 363117553) is a nonprofit organization based in Sterling, IL. The organization reported total revenue of $632K and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sterling Park District Museum Association Sterling Park District's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sterling Park District Museum Association Sterling Park District is a small nonprofit that has been operating for 45 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 8.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $463K |
| Total Expenses | $214K |
| Surplus / Deficit | +$249K |
| Total Assets | $1.8M |
| Net Assets | $1.8M |
| Operating Margin | 53.7% |
| Months of Reserves | 100.5 months |
Financial Health Grade: A
In 2024, Sterling Park District Museum Association Sterling Park District reported a surplus of $249K with revenue exceeding expenses, holds 100.5 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), Sterling Park District Museum Association Sterling Park District's revenue has grown at a compound annual growth rate (CAGR) of 8.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +87.5% | -18.0% | +19.0% |
| 2023 | -25.4% | -2.1% | -0.9% |
| 2022 | +70.3% | +142.6% | +4.4% |
| 2021 | +63.8% | -2.0% | +6.1% |
| 2020 | -34.8% | -4.5% | +0.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sterling Park District Museum Association Sterling Park District 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 Sterling Park District Museum Association Sterling Park District 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $249K, with revenue exceeding expenses.
Frequently Asked Questions about Sterling Park District Museum Association Sterling Park District
Is Sterling Park District Museum Association Sterling Park District a legitimate charity?
Sterling Park District Museum Association Sterling Park District (EIN: 363117553) is a registered tax-exempt nonprofit based in Illinois. It has 14 years of IRS 990 filings on record. Total revenue: $632K. No red flags identified. Financial health grade: A.
How does Sterling Park District Museum Association Sterling Park District spend its money?
Sterling Park District Museum Association Sterling Park District reported $632K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Sterling Park District Museum Association Sterling Park District tax-deductible?
Sterling Park District Museum Association Sterling Park District is registered as a tax-exempt nonprofit (EIN: 363117553). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sterling Park District Museum Association Sterling Park District located?
Sterling Park District Museum Association Sterling Park District is headquartered in Sterling, Illinois and files with the IRS under EIN 363117553.
How many years of IRS 990 filings does Sterling Park District Museum Association Sterling Park District have?
Sterling Park District Museum Association Sterling Park District has 14 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 $632K in total revenue.
Filing History
IRS 990 filing history for Sterling Park District Museum Association Sterling Park District showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Sterling Park District Museum Association Sterling Park District's revenue has grown by 197.4%, moving from $156K to $463K. Total assets increased by 47% over the same period, from $1.2M to $1.8M. Total functional expenses rose by 22.4%, from $175K to $214K. In its most recent filing year (2024), Sterling Park District Museum Association Sterling Park District reported a surplus of $249K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $463K | $214K | $1.8M | $0 | — | — |
| 2023 | $247K | $261K | $1.5M | $0 | — | View 990 |
| 2022 | $331K | $267K | $1.5M | $0 | — | View 990 |
| 2021 | $195K | $110K | $1.5M | $0 | — | View 990 |
| 2020 | $119K | $112K | $1.4M | $0 | — | View 990 |
| 2019 | $182K | $118K | $1.4M | $0 | — | View 990 |
| 2018 | $169K | $193K | $1.3M | $0 | — | View 990 |
| 2017 | $172K | $132K | $1.3M | $0 | — | View 990 |
| 2016 | $155K | $180K | $1.3M | $0 | — | View 990 |
| 2015 | $176K | $168K | $1.3M | $0 | — | View 990 |
| 2014 | $216K | $146K | $1.3M | $0 | — | View 990 |
| 2013 | $180K | $190K | $1.2M | $0 | — | View 990 |
| 2012 | $141K | $118K | $1.2M | $0 | — | View 990 |
| 2011 | $156K | $175K | $1.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $463K, expenses of $214K, and assets of $1.8M (revenue +87.5% year-over-year).
- 2023: Revenue of $247K, expenses of $261K, and assets of $1.5M (revenue -25.4% year-over-year).
- 2022: Revenue of $331K, expenses of $267K, and assets of $1.5M (revenue +70.3% year-over-year).
- 2021: Revenue of $195K, expenses of $110K, and assets of $1.5M (revenue +63.8% year-over-year).
- 2020: Revenue of $119K, expenses of $112K, and assets of $1.4M (revenue -34.8% year-over-year).
- 2019: Revenue of $182K, expenses of $118K, and assets of $1.4M (revenue +8.0% year-over-year).
- 2018: Revenue of $169K, expenses of $193K, and assets of $1.3M (revenue -1.9% year-over-year).
- 2017: Revenue of $172K, expenses of $132K, and assets of $1.3M (revenue +10.8% year-over-year).
- 2016: Revenue of $155K, expenses of $180K, and assets of $1.3M (revenue -11.9% year-over-year).
- 2015: Revenue of $176K, expenses of $168K, and assets of $1.3M (revenue -18.5% year-over-year).
- 2014: Revenue of $216K, expenses of $146K, and assets of $1.3M (revenue +19.9% year-over-year).
- 2013: Revenue of $180K, expenses of $190K, and assets of $1.2M (revenue +27.9% year-over-year).
- 2012: Revenue of $141K, expenses of $118K, and assets of $1.2M (revenue -9.6% year-over-year).
- 2011: Revenue of $156K, expenses of $175K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sterling Park District Museum Association Sterling Park District:
Data Sources and Methodology
This transparency report for Sterling Park District Museum Association Sterling Park District 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.