The Museum Associates Risd
EIN: 50383432 · Providence, RI
| Metric | Value |
|---|---|
| Total Revenue | $86K |
| Total Expenses | $69K |
| Net Assets | $152K |
Is The Museum Associates Risd Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Museum Associates Risd
The Museum Associates Risd (EIN: 50383432) is a nonprofit organization based in Providence, RI. The organization reported total revenue of $86K and total assets of $67K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Museum Associates Risd's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Museum Associates Risd is a micro nonprofit that has been operating for 47 years, with 12 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 3.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $135K |
| Total Expenses | $69K |
| Surplus / Deficit | +$66K |
| Total Assets | $152K |
| Net Assets | $152K |
| Operating Margin | 49.0% |
| Months of Reserves | 26.6 months |
Financial Health Grade: A
In 2024, The Museum Associates Risd reported a surplus of $66K with revenue exceeding expenses, holds 26.6 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2024), The Museum Associates Risd's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +82.0% | +27.4% | +31.0% |
| 2022 | +68.5% | +4.4% | +21.0% |
| 2021 | -16.2% | -47.0% | -7.4% |
| 2020 | -65.4% | -43.4% | -32.6% |
| 2019 | +13.9% | +27.9% | -11.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1979 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Museum Associates Risd 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 Museum Associates Risd 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $66K, with revenue exceeding expenses.
Frequently Asked Questions about The Museum Associates Risd
Is The Museum Associates Risd a legitimate charity?
The Museum Associates Risd (EIN: 50383432) is a registered tax-exempt nonprofit based in Rhode Island. It has 12 years of IRS 990 filings on record. Total revenue: $86K. No red flags identified. Financial health grade: A.
How does The Museum Associates Risd spend its money?
The Museum Associates Risd reported $86K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Museum Associates Risd tax-deductible?
The Museum Associates Risd is registered as a tax-exempt nonprofit (EIN: 50383432). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Museum Associates Risd located?
The Museum Associates Risd is headquartered in Providence, Rhode Island and files with the IRS under EIN 50383432.
How many years of IRS 990 filings does The Museum Associates Risd have?
The Museum Associates Risd has 12 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 $86K in total revenue.
Filing History
IRS 990 filing history for The Museum Associates Risd showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2024), The Museum Associates Risd's revenue has grown by 43.2%, moving from $94K to $135K. Total assets decreased by 2.2% over the same period, from $156K to $152K. Total functional expenses fell by 15.9%, from $82K to $69K. In its most recent filing year (2024), The Museum Associates Risd reported a surplus of $66K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $135K | $69K | $152K | $0 | — | — |
| 2022 | $74K | $54K | $116K | $0 | — | — |
| 2021 | $44K | $52K | $96K | $0 | — | — |
| 2020 | $53K | $98K | $104K | $0 | — | View 990 |
| 2019 | $152K | $172K | $154K | $0 | — | View 990 |
| 2018 | $133K | $135K | $175K | $0 | — | View 990 |
| 2017 | $137K | $106K | $176K | $0 | — | View 990 |
| 2016 | $113K | $134K | $145K | $0 | — | View 990 |
| 2015 | $115K | $91K | $166K | $0 | — | View 990 |
| 2014 | $74K | $84K | $142K | $0 | — | View 990 |
| 2013 | $85K | $89K | $152K | $0 | — | View 990 |
| 2012 | $94K | $82K | $156K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $135K, expenses of $69K, and assets of $152K (revenue +82.0% year-over-year).
- 2022: Revenue of $74K, expenses of $54K, and assets of $116K (revenue +68.5% year-over-year).
- 2021: Revenue of $44K, expenses of $52K, and assets of $96K (revenue -16.2% year-over-year).
- 2020: Revenue of $53K, expenses of $98K, and assets of $104K (revenue -65.4% year-over-year).
- 2019: Revenue of $152K, expenses of $172K, and assets of $154K (revenue +13.9% year-over-year).
- 2018: Revenue of $133K, expenses of $135K, and assets of $175K (revenue -3.1% year-over-year).
- 2017: Revenue of $137K, expenses of $106K, and assets of $176K (revenue +21.1% year-over-year).
- 2016: Revenue of $113K, expenses of $134K, and assets of $145K (revenue -1.0% year-over-year).
- 2015: Revenue of $115K, expenses of $91K, and assets of $166K (revenue +54.3% year-over-year).
- 2014: Revenue of $74K, expenses of $84K, and assets of $142K (revenue -12.9% year-over-year).
- 2013: Revenue of $85K, expenses of $89K, and assets of $152K (revenue -9.6% year-over-year).
- 2012: Revenue of $94K, expenses of $82K, and assets of $156K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Museum Associates Risd:
Data Sources and Methodology
This transparency report for The Museum Associates Risd 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.