Upstate Heritage Museum Inc
EIN: 264505133 · Greer, SC · NTEE: A54
| Metric | Value |
|---|---|
| Total Revenue | $121K |
| Net Assets | $595K |
Is Upstate Heritage 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 Upstate Heritage Museum Inc
Upstate Heritage Museum Inc (EIN: 264505133) is a nonprofit organization based in Greer, SC, classified under NTEE code A54. The organization reported total revenue of $121K and total assets of $716K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Upstate Heritage Museum Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Upstate Heritage Museum Inc is a small nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of -43.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $52K |
| Total Expenses | $0 |
| Surplus / Deficit | +$52K |
| Total Assets | $595K |
| Total Liabilities | $1 |
| Net Assets | $595K |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 0.0% |
Financial Health Grade: A
In 2023, Upstate Heritage Museum Inc reported a surplus of $52K with revenue exceeding expenses, has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Upstate Heritage Museum Inc's revenue has declined at a compound annual growth rate (CAGR) of -43.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.4% | — | +9.6% |
| 2022 | -76.6% | — | +9.7% |
| 2021 | -29.5% | — | +70.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Upstate Heritage 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 Upstate Heritage 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:
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Upstate Heritage Museum Inc
Is Upstate Heritage Museum Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Upstate Heritage Museum Inc (EIN: 264505133) insufficient data. 0 red flags identified, 0 strengths noted.
How does Upstate Heritage Museum Inc spend its money?
Detailed spending breakdown data is not yet available for Upstate Heritage Museum Inc. Check back for updated IRS 990 analysis.
Are donations to Upstate Heritage Museum Inc tax-deductible?
Upstate Heritage Museum Inc is registered as a tax-exempt nonprofit (EIN: 264505133). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Upstate Heritage Museum Inc located?
Upstate Heritage Museum Inc is headquartered in Greer, South Carolina and files with the IRS under EIN 264505133. It is classified under NTEE code A54.
How many years of IRS 990 filings does Upstate Heritage Museum Inc have?
Upstate Heritage Museum Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $121K in total revenue.
Filing History
IRS 990 filing history for Upstate Heritage Museum Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Upstate Heritage Museum Inc's revenue has declined by 82%, moving from $290K to $52K. Total assets increased by 105.1% over the same period, from $290K to $595K. The organization holds $1 in liabilities against $595K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $595K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $52K | $0 | $595K | $1 | — | View 990 |
| 2022 | $48K | $0 | $542K | $1 | — | View 990 |
| 2021 | $205K | $0 | $495K | $1 | — | View 990 |
| 2020 | $290K | $0 | $290K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $52K, expenses of $0, and assets of $595K (revenue +9.4% year-over-year).
- 2022: Revenue of $48K, expenses of $0, and assets of $542K (revenue -76.6% year-over-year).
- 2021: Revenue of $205K, expenses of $0, and assets of $495K (revenue -29.5% year-over-year).
- 2020: Revenue of $290K, expenses of $0, and assets of $290K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Upstate Heritage Museum Inc:
Data Sources and Methodology
This transparency report for Upstate Heritage 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.