The National Museum Of Puerto Rican Arts And Culture
EIN: 364437224 · Chicago, IL · NTEE: A23
| Metric | Value |
|---|---|
| Total Revenue | $3.4M |
| Total Expenses | $18K |
| Net Assets | $6.7M |
Is The National Museum Of Puerto Rican Arts And Culture Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The National Museum Of Puerto Rican Arts And Culture
The National Museum Of Puerto Rican Arts And Culture (EIN: 364437224) is a nonprofit organization based in Chicago, IL, classified under NTEE code A23. The organization reported total revenue of $3.4M and total assets of $9.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The National Museum Of Puerto Rican Arts And Culture's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The National Museum Of Puerto Rican Arts And Culture is a mid-size nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 15.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.5M |
| Total Expenses | $18K |
| Surplus / Deficit | +$3.5M |
| Total Assets | $6.8M |
| Total Liabilities | $127K |
| Net Assets | $6.7M |
| Operating Margin | 99.5% |
| Debt-to-Asset Ratio | 1.9% |
| Months of Reserves | 4609.3 months |
Financial Health Grade: A
In 2023, The National Museum Of Puerto Rican Arts And Culture reported a surplus of $3.5M with revenue exceeding expenses, holds 4609.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.9% (very low leverage).
Financial Trends
Over 13 years of filings (2010–2023), The National Museum Of Puerto Rican Arts And Culture's revenue has grown at a compound annual growth rate (CAGR) of 15.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +30.0% | -99.2% | -21.7% |
| 2022 | +8.0% | +65.3% | +6.7% |
| 2021 | +211.5% | +75.4% | +29.0% |
| 2020 | -19.1% | -19.9% | +1.8% |
| 2019 | +22.8% | +28.0% | -0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The National Museum Of Puerto Rican Arts And Culture 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 National Museum Of Puerto Rican Arts And Culture 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 $3.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.9%.
Frequently Asked Questions about The National Museum Of Puerto Rican Arts And Culture
Is The National Museum Of Puerto Rican Arts And Culture a legitimate charity?
Based on AI analysis of IRS 990 filings, The National Museum Of Puerto Rican Arts And Culture (EIN: 364437224) insufficient data. 0 red flags identified, 0 strengths noted.
How does The National Museum Of Puerto Rican Arts And Culture spend its money?
Detailed spending breakdown data is not yet available for The National Museum Of Puerto Rican Arts And Culture. Check back for updated IRS 990 analysis.
Are donations to The National Museum Of Puerto Rican Arts And Culture tax-deductible?
The National Museum Of Puerto Rican Arts And Culture is registered as a tax-exempt nonprofit (EIN: 364437224). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The National Museum Of Puerto Rican Arts And Culture located?
The National Museum Of Puerto Rican Arts And Culture is headquartered in Chicago, Illinois and files with the IRS under EIN 364437224. It is classified under NTEE code A23.
How many years of IRS 990 filings does The National Museum Of Puerto Rican Arts And Culture have?
The National Museum Of Puerto Rican Arts And Culture 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 $3.4M in total revenue.
Filing History
IRS 990 filing history for The National Museum Of Puerto Rican Arts And Culture showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2023), The National Museum Of Puerto Rican Arts And Culture's revenue has grown by 531.6%, moving from $556K to $3.5M. Total assets increased by 74.2% over the same period, from $3.9M to $6.8M. Total functional expenses fell by 96.1%, from $453K to $18K. In its most recent filing year (2023), The National Museum Of Puerto Rican Arts And Culture reported a surplus of $3.5M, with revenue exceeding expenses. The organization holds $127K in liabilities against $6.8M in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $6.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.5M | $18K | $6.8M | $127K | — | — |
| 2022 | $2.7M | $2.2M | $8.7M | $925K | — | — |
| 2021 | $2.5M | $1.4M | $8.2M | $820K | — | View 990 |
| 2020 | $804K | $774K | $6.3M | $135K | — | — |
| 2019 | $993K | $966K | $6.2M | $44K | — | View 990 |
| 2017 | $809K | $755K | $6.2M | $135K | — | View 990 |
| 2016 | $639K | $607K | $6.2M | $121K | — | View 990 |
| 2015 | $839K | $543K | $6.1M | $90K | — | View 990 |
| 2014 | $1.1M | $391K | $5.9M | $160K | — | View 990 |
| 2013 | $452K | $496K | $3.2M | $168K | — | View 990 |
| 2012 | $335K | $606K | $3.2M | $129K | — | View 990 |
| 2011 | $159K | $272K | $3.5M | $133K | — | View 990 |
| 2010 | $556K | $453K | $3.9M | $130K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.5M, expenses of $18K, and assets of $6.8M (revenue +30.0% year-over-year).
- 2022: Revenue of $2.7M, expenses of $2.2M, and assets of $8.7M (revenue +8.0% year-over-year).
- 2021: Revenue of $2.5M, expenses of $1.4M, and assets of $8.2M (revenue +211.5% year-over-year).
- 2020: Revenue of $804K, expenses of $774K, and assets of $6.3M (revenue -19.1% year-over-year).
- 2019: Revenue of $993K, expenses of $966K, and assets of $6.2M (revenue +22.8% year-over-year).
- 2017: Revenue of $809K, expenses of $755K, and assets of $6.2M (revenue +26.7% year-over-year).
- 2016: Revenue of $639K, expenses of $607K, and assets of $6.2M (revenue -23.9% year-over-year).
- 2015: Revenue of $839K, expenses of $543K, and assets of $6.1M (revenue -24.3% year-over-year).
- 2014: Revenue of $1.1M, expenses of $391K, and assets of $5.9M (revenue +145.4% year-over-year).
- 2013: Revenue of $452K, expenses of $496K, and assets of $3.2M (revenue +35.1% year-over-year).
- 2012: Revenue of $335K, expenses of $606K, and assets of $3.2M (revenue +110.8% year-over-year).
- 2011: Revenue of $159K, expenses of $272K, and assets of $3.5M (revenue -71.5% year-over-year).
- 2010: Revenue of $556K, expenses of $453K, and assets of $3.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The National Museum Of Puerto Rican Arts And Culture:
Data Sources and Methodology
This transparency report for The National Museum Of Puerto Rican Arts And Culture 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.