Summerville Dorchester Museum Inc
EIN: 570941300 · Summerville, SC · NTEE: A540
| Metric | Value |
|---|---|
| Total Revenue | $100K |
| Total Expenses | $45K |
| Net Assets | $187K |
Is Summerville Dorchester Museum Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Summerville Dorchester Museum Inc
Summerville Dorchester Museum Inc (EIN: 570941300) is a nonprofit organization based in Summerville, SC, classified under NTEE code A540. The organization reported total revenue of $100K and total assets of $221K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Summerville Dorchester Museum Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Summerville Dorchester Museum Inc is a small nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $57K |
| Total Expenses | $45K |
| Surplus / Deficit | +$12K |
| Total Assets | $188K |
| Total Liabilities | $461 |
| Net Assets | $187K |
| Operating Margin | 21.4% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 50.5 months |
Financial Health Grade: A
In 2023, Summerville Dorchester Museum Inc reported a surplus of $12K with revenue exceeding expenses, holds 50.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Summerville Dorchester Museum Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.5% | +17.8% | +7.1% |
| 2022 | +50.8% | -14.3% | +104.0% |
| 2021 | -21.4% | -8.9% | -8.5% |
| 2020 | -53.9% | -6.4% | -2.4% |
| 2019 | +574.2% | +28.7% | +98.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Summerville Dorchester Museum Inc 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 Summerville Dorchester Museum Inc 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 $12K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Frequently Asked Questions about Summerville Dorchester Museum Inc
Is Summerville Dorchester Museum Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Summerville Dorchester Museum Inc (EIN: 570941300) insufficient data. 0 red flags identified, 0 strengths noted.
How does Summerville Dorchester Museum Inc spend its money?
Detailed spending breakdown data is not yet available for Summerville Dorchester Museum Inc. Check back for updated IRS 990 analysis.
Are donations to Summerville Dorchester Museum Inc tax-deductible?
Summerville Dorchester Museum Inc is registered as a tax-exempt nonprofit (EIN: 570941300). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Summerville Dorchester Museum Inc located?
Summerville Dorchester Museum Inc is headquartered in Summerville, South Carolina and files with the IRS under EIN 570941300. It is classified under NTEE code A540.
How many years of IRS 990 filings does Summerville Dorchester Museum Inc have?
Summerville Dorchester Museum Inc 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 $100K in total revenue.
Filing History
IRS 990 filing history for Summerville Dorchester Museum Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Summerville Dorchester Museum Inc's revenue has grown by 169.2%, moving from $21K to $57K. Total assets increased by 257.8% over the same period, from $53K to $188K. Total functional expenses fell by 5.4%, from $47K to $45K. In its most recent filing year (2023), Summerville Dorchester Museum Inc reported a surplus of $12K, with revenue exceeding expenses. The organization holds $461 in liabilities against $188K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $187K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $57K | $45K | $188K | $461 | — | View 990 |
| 2022 | $54K | $38K | $176K | $246 | — | View 990 |
| 2021 | $36K | $44K | $86K | $704 | — | View 990 |
| 2020 | $46K | $49K | $94K | $533 | — | View 990 |
| 2019 | $100K | $52K | $96K | $165 | — | View 990 |
| 2018 | $15K | $40K | $49K | $0 | — | View 990 |
| 2017 | $53K | $34K | $74K | $0 | — | — |
| 2016 | $50K | $43K | $56K | $0 | — | View 990 |
| 2015 | $49K | $42K | $49K | $0 | — | View 990 |
| 2014 | $31K | $34K | $42K | $0 | — | View 990 |
| 2013 | $48K | $45K | $44K | $0 | — | View 990 |
| 2012 | $33K | $45K | $41K | $0 | — | View 990 |
| 2011 | $21K | $47K | $53K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $57K, expenses of $45K, and assets of $188K (revenue +4.5% year-over-year).
- 2022: Revenue of $54K, expenses of $38K, and assets of $176K (revenue +50.8% year-over-year).
- 2021: Revenue of $36K, expenses of $44K, and assets of $86K (revenue -21.4% year-over-year).
- 2020: Revenue of $46K, expenses of $49K, and assets of $94K (revenue -53.9% year-over-year).
- 2019: Revenue of $100K, expenses of $52K, and assets of $96K (revenue +574.2% year-over-year).
- 2018: Revenue of $15K, expenses of $40K, and assets of $49K (revenue -72.1% year-over-year).
- 2017: Revenue of $53K, expenses of $34K, and assets of $74K (revenue +5.2% year-over-year).
- 2016: Revenue of $50K, expenses of $43K, and assets of $56K (revenue +2.9% year-over-year).
- 2015: Revenue of $49K, expenses of $42K, and assets of $49K (revenue +57.1% year-over-year).
- 2014: Revenue of $31K, expenses of $34K, and assets of $42K (revenue -35.1% year-over-year).
- 2013: Revenue of $48K, expenses of $45K, and assets of $44K (revenue +43.5% year-over-year).
- 2012: Revenue of $33K, expenses of $45K, and assets of $41K (revenue +58.0% year-over-year).
- 2011: Revenue of $21K, expenses of $47K, and assets of $53K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Summerville Dorchester Museum Inc:
Data Sources and Methodology
This transparency report for Summerville Dorchester Museum 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.