Tate House Museum
Tate House Museum shows consistent asset growth and zero reported officer compensation over a decade.
EIN: 201283552 · Portland, ME · NTEE: A50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $183K |
| Total Expenses | $125K |
| Program Spending | 85% |
| Net Assets | $335K |
| Transparency Score | 90/100 |
Is Tate House Museum Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tate House Museum directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tate House Museum
Tate House Museum (EIN: 201283552) is a nonprofit organization based in Portland, ME, classified under NTEE code A50. The organization reported total revenue of $183K and total assets of $388K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tate House Museum's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tate House Museum is a small nonprofit that has been operating for 22 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $124K |
| Total Expenses | $125K |
| Surplus / Deficit | $-1,399 |
| Total Assets | $340K |
| Total Liabilities | $4K |
| Net Assets | $335K |
| Operating Margin | -1.1% |
| Debt-to-Asset Ratio | 1.3% |
| Months of Reserves | 32.5 months |
Financial Health Grade: B
In 2023, Tate House Museum reported a deficit of $1K with expenses exceeding revenue, holds 32.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.3% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2023), Tate House Museum's revenue has grown at a compound annual growth rate (CAGR) of 2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -47.6% | -14.6% | +10.2% |
| 2022 | +86.4% | +40.5% | +68.7% |
| 2021 | +17.9% | -1.8% | +17.0% |
| 2020 | -36.5% | -5.9% | -6.3% |
| 2019 | +56.5% | -12.4% | +55.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
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 Tate House Museum with a Mission Score of 90 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, Tate House 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 deficit of $1K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through mechanisms not categorized as officer compensation, which is highly favorable for resource allocation to its mission.
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 Tate House Museum:
- Consistent 0% officer compensation reported across all filings, indicating high efficiency in leadership costs.
- Positive trend in asset growth, increasing from $97,199 in 2015 to $339,700 in 2023.
- Long history of transparent IRS 990 filings (14 filings), demonstrating accountability.
- Liabilities consistently remain very low relative to assets, indicating strong financial stability (e.g., $4,266 liabilities vs. $339,700 assets in 2023).
Frequently Asked Questions about Tate House Museum
Is Tate House Museum a legitimate charity?
Based on AI analysis of IRS 990 filings, Tate House Museum (EIN: 201283552) appears legitimate. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
How does Tate House Museum spend its money?
Tate House Museum directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Tate House Museum tax-deductible?
Tate House Museum is registered as a tax-exempt nonprofit (EIN: 201283552). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Tate House Museum's spending goes to programs?
Tate House Museum directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Tate House Museum compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Tate House Museum is above average for NTEE category A50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Tate House Museum located?
Tate House Museum is headquartered in Portland, Maine and files with the IRS under EIN 201283552. It is classified under NTEE code A50.
How many years of IRS 990 filings does Tate House Museum have?
Tate House Museum 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 $183K in total revenue.
Is Tate House Museum a good charity?
Based on the available IRS 990 data, Tate House Museum appears to be a good charity. It consistently reports 0% officer compensation, demonstrates asset growth from $97,199 in 2015 to $339,700 in 2023, and has a long history of transparent financial filings.
How has Tate House Museum's financial health changed over time?
The organization's financial health has generally improved, with assets growing significantly from $97,199 in 2015 to $339,700 in 2023. While revenue and expenses fluctuate annually, the overall trend shows responsible management and growth in net assets.
What is the organization's approach to executive compensation?
Tate House Museum consistently reports 0% officer compensation across all 14 filings, suggesting a volunteer-driven leadership model or compensation structures that do not fall under the 'officer compensation' category on the 990 form.
Filing History
IRS 990 filing history for Tate House Museum showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Tate House Museum's revenue has grown by 30.5%, moving from $95K to $124K. Total assets increased by 344.4% over the same period, from $76K to $340K. Total functional expenses rose by 73%, from $72K to $125K. In its most recent filing year (2023), Tate House Museum reported a deficit of $1K, with expenses exceeding revenue. The organization holds $4K in liabilities against $340K in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $335K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $124K | $125K | $340K | $4K | — | — |
| 2022 | $236K | $147K | $308K | $5K | — | View 990 |
| 2021 | $127K | $104K | $183K | $4K | — | View 990 |
| 2020 | $108K | $106K | $156K | $3K | — | View 990 |
| 2019 | $169K | $113K | $167K | $6K | — | View 990 |
| 2018 | $108K | $129K | $108K | $3K | — | View 990 |
| 2017 | $123K | $128K | $129K | $4K | — | View 990 |
| 2016 | $156K | $119K | $133K | $4K | — | View 990 |
| 2015 | $89K | $138K | $97K | $3K | — | View 990 |
| 2014 | $138K | $77K | $146K | $3K | — | View 990 |
| 2013 | $72K | $75K | $84K | $6K | — | View 990 |
| 2012 | $70K | $66K | $85K | $6K | — | View 990 |
| 2012 | $64K | $65K | $76K | $863 | — | View 990 |
| 2011 | $95K | $72K | $76K | $850 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $124K, expenses of $125K, and assets of $340K (revenue -47.6% year-over-year).
- 2022: Revenue of $236K, expenses of $147K, and assets of $308K (revenue +86.4% year-over-year).
- 2021: Revenue of $127K, expenses of $104K, and assets of $183K (revenue +17.9% year-over-year).
- 2020: Revenue of $108K, expenses of $106K, and assets of $156K (revenue -36.5% year-over-year).
- 2019: Revenue of $169K, expenses of $113K, and assets of $167K (revenue +56.5% year-over-year).
- 2018: Revenue of $108K, expenses of $129K, and assets of $108K (revenue -12.3% year-over-year).
- 2017: Revenue of $123K, expenses of $128K, and assets of $129K (revenue -20.7% year-over-year).
- 2016: Revenue of $156K, expenses of $119K, and assets of $133K (revenue +74.6% year-over-year).
- 2015: Revenue of $89K, expenses of $138K, and assets of $97K (revenue -35.4% year-over-year).
- 2014: Revenue of $138K, expenses of $77K, and assets of $146K (revenue +91.5% year-over-year).
- 2013: Revenue of $72K, expenses of $75K, and assets of $84K (revenue +2.8% year-over-year).
- 2012: Revenue of $70K, expenses of $66K, and assets of $85K (revenue +9.9% year-over-year).
- 2012: Revenue of $64K, expenses of $65K, and assets of $76K (revenue -32.9% year-over-year).
- 2011: Revenue of $95K, expenses of $72K, and assets of $76K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tate House Museum:
Data Sources and Methodology
This transparency report for Tate House 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.