The Long Island Museum Of American Art History & Carriages
Long Island Museum consistently operates at a deficit, relying on substantial assets to cover expenses.
EIN: 111667767 · Stony Brook, NY · NTEE: A540 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.0M |
| Total Expenses | $3.2M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $21.0M |
| Transparency Score | 75/100 |
Search Intent Cockpit
The Long Island Museum Of American Art History & Carriages Form 990, Revenue, CEO Pay, and IRS Filing Signals
The Long Island Museum Of American Art History & Carriages is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around The Long Island Museum Of American Art History & Carriages in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $2.4M and expenses of $3.2M.
Revenue and Expenses
The Long Island Museum Of American Art History & Carriages reported $2.4M in revenue and $3.2M in expenses, a deficit of $778K.
Executive Compensation
Top officer compensation appears as $2 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
75/100 mission score, 2 red flags, and 4 strengths are shown from structured and AI review.
Is The Long Island Museum Of American Art History & Carriages Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $2.2M (70%) |
Across stored filings, The Long Island Museum Of American Art History & Carriages shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 70% to programs | Good |
| Financial durability | Grade B | 13 stored filing years |
| Peer context | Compare with Healthy Capital District Initiative | New York and Arts & Culture context |
Trust Check
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Keep the Investigation Moving
The Long Island Museum Of American Art History & Carriages directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About The Long Island Museum Of American Art History & Carriages
The Long Island Museum Of American Art History & Carriages (EIN: 111667767) is a nonprofit organization based in Stony Brook, NY, classified under NTEE code A540. The organization reported total revenue of $7.0M and total assets of $21.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Long Island Museum Of American Art History & Carriages's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Long Island Museum Of American Art History & Carriages is a mid-size nonprofit that has been operating for 81 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $3.2M |
| Surplus / Deficit | $-777,804 |
| Total Assets | $21.4M |
| Total Liabilities | $428K |
| Net Assets | $21.0M |
| Operating Margin | -32.3% |
| Debt-to-Asset Ratio | 2.0% |
| Months of Reserves | 80.6 months |
Financial Health Grade: B
In 2023, The Long Island Museum Of American Art History & Carriages reported a deficit of $778K with expenses exceeding revenue, holds 80.6 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), The Long Island Museum Of American Art History & Carriages's revenue has grown at a compound annual growth rate (CAGR) of 4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.5% | +8.3% | +0.9% |
| 2022 | +4.2% | +23.7% | -16.8% |
| 2021 | +50.0% | -13.8% | +21.7% |
| 2020 | -35.6% | -6.3% | -5.1% |
| 2019 | +7.5% | +6.6% | -0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1945 |
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 The Long Island Museum Of American Art History & Carriages with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, The Long Island Museum Of American Art History & Carriages allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $778K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.0%.
Executive Compensation Analysis
No officer compensation has been reported in any of the available IRS 990 filings, which is highly unusual for an organization with annual expenses exceeding $2 million and suggests either volunteer leadership or compensation structured in a way not captured under 'officer compensation' on the 990.
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 The Long Island Museum Of American Art History & Carriages's IRS 990 filings:
- Consistent operational deficits where expenses exceed revenue in multiple recent years (e.g., 2023, 2022, 2020, 2019, 2018, 2017, 2014), indicating potential reliance on asset drawdowns.
- Unexplained 0% officer compensation across all filings for an organization with multi-million dollar expenses, which could obscure executive pay structures.
Strengths
The following positive indicators were identified for The Long Island Museum Of American Art History & Carriages:
- Strong and stable asset base, consistently over $20 million in recent years, providing financial resilience.
- Low liabilities, typically under $1 million, indicating good debt management.
- Consistent IRS 990 filing history (13 filings), demonstrating good compliance and transparency in reporting.
- Significant revenue spike in 2016 ($12.7M) indicates capacity for large-scale fundraising or major gifts.
Frequently Asked Questions about The Long Island Museum Of American Art History & Carriages
Is The Long Island Museum Of American Art History & Carriages a legitimate charity?
The Long Island Museum Of American Art History & Carriages (EIN: 111667767) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $7.0M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does The Long Island Museum Of American Art History & Carriages spend its money?
The Long Island Museum Of American Art History & Carriages directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to The Long Island Museum Of American Art History & Carriages tax-deductible?
The Long Island Museum Of American Art History & Carriages is registered as a tax-exempt nonprofit (EIN: 111667767). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Long Island Museum Of American Art History & Carriages CEO make?
The Long Island Museum Of American Art History & Carriages's highest-compensated officer earns $2 annually. The organization reported $7.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of The Long Island Museum Of American Art History & Carriages's spending goes to programs?
The Long Island Museum Of American Art History & Carriages directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does The Long Island Museum Of American Art History & Carriages compare to similar nonprofits?
With a transparency score of 75/100 (Good), The Long Island Museum Of American Art History & Carriages 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 The Long Island Museum Of American Art History & Carriages located?
The Long Island Museum Of American Art History & Carriages is headquartered in Stony Brook, New York and files with the IRS under EIN 111667767. It is classified under NTEE code A540.
How many years of IRS 990 filings does The Long Island Museum Of American Art History & Carriages have?
The Long Island Museum Of American Art History & Carriages 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 $7.0M in total revenue.
How does the museum cover its operational deficits, given that expenses frequently exceed revenue?
The museum likely covers its operational deficits by drawing from its substantial asset base, which has consistently been over $20 million in recent years, or through investment income generated from these assets. For example, in 2023, expenses were $3,188,309 while revenue was $2,410,505, indicating a deficit of over $770,000.
What is the true nature of executive compensation, given that 'Officer Comp' is reported as 0% across all filings?
The consistent reporting of 0% for 'Officer Comp' suggests that either the museum's leadership is entirely volunteer-based, or compensation for key executives is categorized differently within the 990, such as 'salaries and wages' for employees rather than 'officers, directors, trustees, key employees' compensation. Further detail from the full 990 would be needed to clarify.
What caused the significant revenue spike in 2016 to over $12 million?
The IRS 990 data shows a revenue spike to $12,736,222 in 2016, significantly higher than the typical $1.6M-$2.6M range. This could be due to a large one-time donation, a major capital campaign, or a significant bequest. Without access to the full 990 for that period, the exact cause remains unclear.
Filing History
IRS 990 filing history for The Long Island Museum Of American Art History & Carriages showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Long Island Museum Of American Art History & Carriages's revenue has grown by 64.5%, moving from $1.5M to $2.4M. Total assets increased by 53.1% over the same period, from $14.0M to $21.4M. Total functional expenses rose by 36.5%, from $2.3M to $3.2M. In its most recent filing year (2023), The Long Island Museum Of American Art History & Carriages reported a deficit of $778K, with expenses exceeding revenue. The organization holds $428K in liabilities against $21.4M in assets (debt-to-asset ratio: 2.0%), resulting in net assets of $21.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $3.2M | $21.4M | $428K | — | — |
| 2022 | $2.6M | $2.9M | $21.2M | $409K | — | View 990 |
| 2021 | $2.5M | $2.4M | $25.5M | $558K | — | View 990 |
| 2020 | $1.7M | $2.8M | $20.9M | $521K | — | View 990 |
| 2019 | $2.6M | $2.9M | $22.1M | $229K | — | View 990 |
| 2018 | $2.4M | $2.8M | $22.2M | $212K | — | View 990 |
| 2017 | $2.6M | $2.7M | $21.9M | $204K | — | View 990 |
| 2016 | $12.7M | $2.6M | $21.6M | $662K | — | View 990 |
| 2015 | $2.2M | $2.5M | $11.8M | $896K | — | View 990 |
| 2014 | $1.7M | $2.4M | $13.0M | $1.2M | — | View 990 |
| 2013 | $2.0M | $2.2M | $12.9M | $1.4M | — | View 990 |
| 2012 | $942K | $2.3M | $12.8M | $1.7M | — | View 990 |
| 2011 | $1.5M | $2.3M | $14.0M | $1.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $3.2M, and assets of $21.4M (revenue -8.5% year-over-year).
- 2022: Revenue of $2.6M, expenses of $2.9M, and assets of $21.2M (revenue +4.2% year-over-year).
- 2021: Revenue of $2.5M, expenses of $2.4M, and assets of $25.5M (revenue +50.0% year-over-year).
- 2020: Revenue of $1.7M, expenses of $2.8M, and assets of $20.9M (revenue -35.6% year-over-year).
- 2019: Revenue of $2.6M, expenses of $2.9M, and assets of $22.1M (revenue +7.5% year-over-year).
- 2018: Revenue of $2.4M, expenses of $2.8M, and assets of $22.2M (revenue -5.1% year-over-year).
- 2017: Revenue of $2.6M, expenses of $2.7M, and assets of $21.9M (revenue -79.8% year-over-year).
- 2016: Revenue of $12.7M, expenses of $2.6M, and assets of $21.6M (revenue +490.1% year-over-year).
- 2015: Revenue of $2.2M, expenses of $2.5M, and assets of $11.8M (revenue +26.4% year-over-year).
- 2014: Revenue of $1.7M, expenses of $2.4M, and assets of $13.0M (revenue -14.9% year-over-year).
- 2013: Revenue of $2.0M, expenses of $2.2M, and assets of $12.9M (revenue +112.8% year-over-year).
- 2012: Revenue of $942K, expenses of $2.3M, and assets of $12.8M (revenue -35.7% year-over-year).
- 2011: Revenue of $1.5M, expenses of $2.3M, and assets of $14.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Long Island Museum Of American Art History & Carriages:
Data Sources and Methodology
This transparency report for The Long Island Museum Of American Art History & Carriages 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.