Strawbery Banke Museum
Strawbery Banke Museum shows strong financial growth and consistent revenue surpluses over the past decade.
EIN: 20260158 · Portsmouth, NH · NTEE: A540 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.5M |
| Total Expenses | $3.9M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $6 |
| Net Assets | $20.5M |
| Transparency Score | 88/100 |
Is Strawbery Banke Museum Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Strawbery Banke Museum directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Strawbery Banke Museum
Strawbery Banke Museum (EIN: 20260158) is a nonprofit organization based in Portsmouth, NH, classified under NTEE code A540. The organization reported total revenue of $6.5M and total assets of $25.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Strawbery Banke Museum's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Strawbery Banke Museum is a mid-size nonprofit that has been operating for 59 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.7M |
| Total Expenses | $3.9M |
| Surplus / Deficit | +$1.8M |
| Total Assets | $20.9M |
| Total Liabilities | $412K |
| Net Assets | $20.5M |
| Operating Margin | 32.4% |
| Debt-to-Asset Ratio | 2.0% |
| Months of Reserves | 65.2 months |
Financial Health Grade: A
In 2023, Strawbery Banke Museum reported a surplus of $1.8M with revenue exceeding expenses, holds 65.2 months of operating reserves (strong position), has a debt-to-asset ratio of 2.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Strawbery Banke Museum's revenue has grown at a compound annual growth rate (CAGR) of 6.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.6% | +29.0% | +4.2% |
| 2022 | +5.8% | +10.3% | +20.2% |
| 2021 | +75.3% | -20.9% | +42.7% |
| 2020 | +2.6% | -0.2% | -3.9% |
| 2019 | +1.0% | +7.6% | -0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1967 |
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 Strawbery Banke Museum with a Mission Score of 88 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Strawbery Banke Museum allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. 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 $1.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.0%.
Executive Compensation Analysis
The provided data indicates 0% officer compensation across all reported periods, suggesting that executive compensation is either non-existent, paid by a related entity, or falls below the IRS reporting threshold for individual officers, which is a positive sign for resource allocation relative to the organization's size and revenue of over $6 million.
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 Strawbery Banke Museum's IRS 990 filings:
- Specific program, administrative, and fundraising expense breakdowns not detailed in provided summary data, requiring deeper dive into full 990s for precise ratios.
Strengths
The following positive indicators were identified for Strawbery Banke Museum:
- Strong and consistent revenue growth, from $2.9M in 2014 to $6.4M currently.
- Significant asset growth, more than doubling from $9.1M in 2014 to $25.3M currently.
- Consistent positive net income, with revenues significantly exceeding expenses in recent years (e.g., $5.7M revenue vs. $3.8M expenses in 2023).
- Low liabilities relative to assets, indicating strong financial stability (e.g., $412,278 liabilities vs. $20,940,636 assets in 2023).
- No reported officer compensation, suggesting efficient use of funds or volunteer leadership.
Frequently Asked Questions about Strawbery Banke Museum
Is Strawbery Banke Museum a legitimate charity?
Based on AI analysis of IRS 990 filings, Strawbery Banke Museum (EIN: 20260158) some concerns. Mission Score: 88/100. 1 red flag identified, 5 strengths noted.
How does Strawbery Banke Museum spend its money?
Strawbery Banke Museum directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Strawbery Banke Museum tax-deductible?
Strawbery Banke Museum is registered as a tax-exempt nonprofit (EIN: 20260158). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Strawbery Banke Museum CEO make?
Strawbery Banke Museum's highest-compensated officer earns $6 annually. The organization reported $6.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Strawbery Banke Museum's spending goes to programs?
Strawbery Banke Museum directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Strawbery Banke Museum compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Strawbery Banke Museum is above average for NTEE category A540 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Strawbery Banke Museum located?
Strawbery Banke Museum is headquartered in Portsmouth, New Hampshire and files with the IRS under EIN 20260158. It is classified under NTEE code A540.
How many years of IRS 990 filings does Strawbery Banke Museum have?
Strawbery Banke Museum 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. The most recent filing shows $6.5M in total revenue.
Is Strawbery Banke Museum a good charity?
Based on its strong financial health, consistent asset growth from $9.1M in 2014 to $25.3M currently, and consistent revenue surpluses, Strawbery Banke Museum appears to be a well-managed and financially stable organization. The absence of reported officer compensation is also a positive indicator.
How has Strawbery Banke Museum's financial health changed over time?
The museum has shown significant financial improvement, with revenues growing from $2.9M in 2014 to $6.4M currently, and assets more than doubling from $9.1M to $25.3M over the same period. It has consistently maintained healthy revenue-to-expense ratios in recent years, indicating strong financial management.
What is the organization's approach to executive compensation?
The provided data indicates 0% officer compensation for all reported periods, suggesting that executive compensation is either not paid directly by the organization, or individual compensation amounts are below the IRS reporting thresholds for key employees. This implies a lean approach to executive pay, allowing more resources for the mission.
Filing History
IRS 990 filing history for Strawbery Banke Museum showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Strawbery Banke Museum's revenue has grown by 108.8%, moving from $2.7M to $5.7M. Total assets increased by 154.7% over the same period, from $8.2M to $20.9M. Total functional expenses rose by 65.8%, from $2.3M to $3.9M. In its most recent filing year (2023), Strawbery Banke Museum reported a surplus of $1.8M, with revenue exceeding expenses. The organization holds $412K in liabilities against $20.9M in assets (debt-to-asset ratio: 2.0%), resulting in net assets of $20.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.7M | $3.9M | $20.9M | $412K | — | View 990 |
| 2022 | $6.2M | $3.0M | $20.1M | $636K | — | View 990 |
| 2021 | $5.9M | $2.7M | $16.7M | $664K | — | View 990 |
| 2020 | $3.4M | $3.4M | $11.7M | $721K | — | View 990 |
| 2019 | $3.3M | $3.4M | $12.2M | $500K | — | View 990 |
| 2018 | $3.2M | $3.2M | $12.3M | $409K | — | View 990 |
| 2017 | $3.1M | $3.2M | $11.9M | $282K | — | View 990 |
| 2016 | $4.3M | $3.0M | $11.7M | $306K | — | View 990 |
| 2015 | $4.1M | $2.9M | $10.5M | $206K | — | View 990 |
| 2014 | $2.9M | $2.5M | $9.2M | $132K | — | View 990 |
| 2013 | $2.4M | $2.6M | $8.5M | $165K | — | View 990 |
| 2012 | $2.7M | $2.3M | $8.4M | $166K | — | View 990 |
| 2011 | $2.7M | $2.3M | $8.2M | $197K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.7M, expenses of $3.9M, and assets of $20.9M (revenue -8.6% year-over-year).
- 2022: Revenue of $6.2M, expenses of $3.0M, and assets of $20.1M (revenue +5.8% year-over-year).
- 2021: Revenue of $5.9M, expenses of $2.7M, and assets of $16.7M (revenue +75.3% year-over-year).
- 2020: Revenue of $3.4M, expenses of $3.4M, and assets of $11.7M (revenue +2.6% year-over-year).
- 2019: Revenue of $3.3M, expenses of $3.4M, and assets of $12.2M (revenue +1.0% year-over-year).
- 2018: Revenue of $3.2M, expenses of $3.2M, and assets of $12.3M (revenue +5.6% year-over-year).
- 2017: Revenue of $3.1M, expenses of $3.2M, and assets of $11.9M (revenue -27.8% year-over-year).
- 2016: Revenue of $4.3M, expenses of $3.0M, and assets of $11.7M (revenue +4.5% year-over-year).
- 2015: Revenue of $4.1M, expenses of $2.9M, and assets of $10.5M (revenue +39.9% year-over-year).
- 2014: Revenue of $2.9M, expenses of $2.5M, and assets of $9.2M (revenue +19.6% year-over-year).
- 2013: Revenue of $2.4M, expenses of $2.6M, and assets of $8.5M (revenue -11.2% year-over-year).
- 2012: Revenue of $2.7M, expenses of $2.3M, and assets of $8.4M (revenue +0.4% year-over-year).
- 2011: Revenue of $2.7M, expenses of $2.3M, and assets of $8.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Strawbery Banke Museum:
Data Sources and Methodology
This transparency report for Strawbery Banke 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.