The Benson Historical Museum Inc
EIN: 480995393 · Howard, KS · NTEE: A80
| Metric | Value |
|---|---|
| Total Revenue | $242K |
| Total Expenses | $100K |
| Net Assets | $1.2M |
Is The Benson Historical 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 The Benson Historical Museum Inc
The Benson Historical Museum Inc (EIN: 480995393) is a nonprofit organization based in Howard, KS, classified under NTEE code A80. The organization reported total revenue of $242K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Benson Historical Museum Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Benson Historical Museum Inc is a small nonprofit that has been operating for 15 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $33K |
| Total Expenses | $100K |
| Surplus / Deficit | $-67,195 |
| Total Assets | $1.2M |
| Net Assets | $1.2M |
| Operating Margin | -203.0% |
| Months of Reserves | 143.2 months |
Financial Health Grade: B
In 2023, The Benson Historical Museum Inc reported a deficit of $67K with expenses exceeding revenue, holds 143.2 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2017–2023), The Benson Historical Museum Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.4% | +25.7% | -5.3% |
| 2022 | -25.8% | +19.3% | -3.2% |
| 2021 | +137.8% | -35.9% | -1.2% |
| 2020 | -78.1% | +0.8% | -5.9% |
| 2019 | -58.3% | -22.1% | -0.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Benson Historical 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 The Benson Historical 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 deficit of $67K, with expenses exceeding revenue.
Frequently Asked Questions about The Benson Historical Museum Inc
Is The Benson Historical Museum Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Benson Historical Museum Inc (EIN: 480995393) insufficient data. 0 red flags identified, 0 strengths noted.
How does The Benson Historical Museum Inc spend its money?
Detailed spending breakdown data is not yet available for The Benson Historical Museum Inc. Check back for updated IRS 990 analysis.
Are donations to The Benson Historical Museum Inc tax-deductible?
The Benson Historical Museum Inc is registered as a tax-exempt nonprofit (EIN: 480995393). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Benson Historical Museum Inc located?
The Benson Historical Museum Inc is headquartered in Howard, Kansas and files with the IRS under EIN 480995393. It is classified under NTEE code A80.
How many years of IRS 990 filings does The Benson Historical Museum Inc have?
The Benson Historical Museum Inc has 7 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 $242K in total revenue.
Filing History
IRS 990 filing history for The Benson Historical Museum Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), The Benson Historical Museum Inc's revenue has grown by 7.6%, moving from $31K to $33K. Total assets decreased by 8.9% over the same period, from $1.3M to $1.2M. Total functional expenses rose by 110.3%, from $48K to $100K. In its most recent filing year (2023), The Benson Historical Museum Inc reported a deficit of $67K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $33K | $100K | $1.2M | $0 | — | — |
| 2022 | $37K | $80K | $1.3M | $0 | — | View 990 |
| 2021 | $50K | $67K | $1.3M | $0 | — | View 990 |
| 2020 | $21K | $104K | $1.3M | $0 | — | — |
| 2019 | $97K | $104K | $1.4M | $0 | — | — |
| 2018 | $232K | $133K | $1.4M | $0 | — | View 990 |
| 2017 | $31K | $48K | $1.3M | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $33K, expenses of $100K, and assets of $1.2M (revenue -11.4% year-over-year).
- 2022: Revenue of $37K, expenses of $80K, and assets of $1.3M (revenue -25.8% year-over-year).
- 2021: Revenue of $50K, expenses of $67K, and assets of $1.3M (revenue +137.8% year-over-year).
- 2020: Revenue of $21K, expenses of $104K, and assets of $1.3M (revenue -78.1% year-over-year).
- 2019: Revenue of $97K, expenses of $104K, and assets of $1.4M (revenue -58.3% year-over-year).
- 2018: Revenue of $232K, expenses of $133K, and assets of $1.4M (revenue +652.8% year-over-year).
- 2017: Revenue of $31K, expenses of $48K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Benson Historical Museum Inc:
Data Sources and Methodology
This transparency report for The Benson Historical 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.