Town Of Normal Childrens Discovery Museum Foundation
EIN: 371288369 · Normal, IL · NTEE: A520
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $486K |
| Net Assets | $431K |
Is Town Of Normal Childrens Discovery Museum Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Town Of Normal Childrens Discovery Museum Foundation
Town Of Normal Childrens Discovery Museum Foundation (EIN: 371288369) is a nonprofit organization based in Normal, IL, classified under NTEE code A520. The organization reported total revenue of $1.4M and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Town Of Normal Childrens Discovery Museum Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Town Of Normal Childrens Discovery Museum Foundation is a mid-size nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $273K |
| Total Expenses | $486K |
| Surplus / Deficit | $-212,968 |
| Total Assets | $627K |
| Total Liabilities | $196K |
| Net Assets | $431K |
| Operating Margin | -77.9% |
| Debt-to-Asset Ratio | 31.2% |
| Months of Reserves | 15.5 months |
Financial Health Grade: B
In 2023, Town Of Normal Childrens Discovery Museum Foundation reported a deficit of $213K with expenses exceeding revenue, holds 15.5 months of operating reserves (strong position), has a debt-to-asset ratio of 31.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Town Of Normal Childrens Discovery Museum Foundation's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.9% | +114.6% | -2.9% |
| 2022 | -1.8% | -59.6% | -0.7% |
| 2021 | -50.5% | +370.2% | -34.0% |
| 2020 | +21.7% | -58.2% | +28.6% |
| 2019 | +196.6% | +118.3% | +35.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Town Of Normal Childrens Discovery Museum Foundation 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 Town Of Normal Childrens Discovery Museum Foundation 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 $213K, with expenses exceeding revenue.
- Debt-to-asset ratio: 31.2%.
Frequently Asked Questions about Town Of Normal Childrens Discovery Museum Foundation
Is Town Of Normal Childrens Discovery Museum Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Town Of Normal Childrens Discovery Museum Foundation (EIN: 371288369) insufficient data. 0 red flags identified, 0 strengths noted.
How does Town Of Normal Childrens Discovery Museum Foundation spend its money?
Detailed spending breakdown data is not yet available for Town Of Normal Childrens Discovery Museum Foundation. Check back for updated IRS 990 analysis.
Are donations to Town Of Normal Childrens Discovery Museum Foundation tax-deductible?
Town Of Normal Childrens Discovery Museum Foundation is registered as a tax-exempt nonprofit (EIN: 371288369). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Town Of Normal Childrens Discovery Museum Foundation located?
Town Of Normal Childrens Discovery Museum Foundation is headquartered in Normal, Illinois and files with the IRS under EIN 371288369. It is classified under NTEE code A520.
How many years of IRS 990 filings does Town Of Normal Childrens Discovery Museum Foundation have?
Town Of Normal Childrens Discovery Museum Foundation 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 $1.4M in total revenue.
Filing History
IRS 990 filing history for Town Of Normal Childrens Discovery Museum Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Town Of Normal Childrens Discovery Museum Foundation's revenue has grown by 70.5%, moving from $160K to $273K. Total assets increased by 6.3% over the same period, from $589K to $627K. Total functional expenses rose by 89.6%, from $256K to $486K. In its most recent filing year (2023), Town Of Normal Childrens Discovery Museum Foundation reported a deficit of $213K, with expenses exceeding revenue. The organization holds $196K in liabilities against $627K in assets (debt-to-asset ratio: 31.2%), resulting in net assets of $431K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $273K | $486K | $627K | $196K | — | View 990 |
| 2022 | $222K | $227K | $645K | $1K | — | View 990 |
| 2021 | $226K | $562K | $650K | $2K | — | — |
| 2020 | $458K | $119K | $985K | $1K | — | View 990 |
| 2019 | $376K | $286K | $766K | $120K | — | View 990 |
| 2018 | $127K | $131K | $566K | $11K | — | View 990 |
| 2017 | $181K | $161K | $564K | $5K | — | View 990 |
| 2016 | $177K | $185K | $554K | $15K | — | View 990 |
| 2015 | $335K | $401K | $593K | $46K | — | View 990 |
| 2014 | $84K | $92K | $685K | $72K | — | View 990 |
| 2013 | $212K | $271K | $657K | $36K | — | View 990 |
| 2012 | $402K | $242K | $765K | $86K | — | View 990 |
| 2011 | $160K | $256K | $589K | $70K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $273K, expenses of $486K, and assets of $627K (revenue +22.9% year-over-year).
- 2022: Revenue of $222K, expenses of $227K, and assets of $645K (revenue -1.8% year-over-year).
- 2021: Revenue of $226K, expenses of $562K, and assets of $650K (revenue -50.5% year-over-year).
- 2020: Revenue of $458K, expenses of $119K, and assets of $985K (revenue +21.7% year-over-year).
- 2019: Revenue of $376K, expenses of $286K, and assets of $766K (revenue +196.6% year-over-year).
- 2018: Revenue of $127K, expenses of $131K, and assets of $566K (revenue -30.1% year-over-year).
- 2017: Revenue of $181K, expenses of $161K, and assets of $564K (revenue +2.1% year-over-year).
- 2016: Revenue of $177K, expenses of $185K, and assets of $554K (revenue -47.1% year-over-year).
- 2015: Revenue of $335K, expenses of $401K, and assets of $593K (revenue +297.5% year-over-year).
- 2014: Revenue of $84K, expenses of $92K, and assets of $685K (revenue -60.3% year-over-year).
- 2013: Revenue of $212K, expenses of $271K, and assets of $657K (revenue -47.2% year-over-year).
- 2012: Revenue of $402K, expenses of $242K, and assets of $765K (revenue +150.6% year-over-year).
- 2011: Revenue of $160K, expenses of $256K, and assets of $589K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Town Of Normal Childrens Discovery Museum Foundation:
Data Sources and Methodology
This transparency report for Town Of Normal Childrens Discovery Museum Foundation 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.