Arts, Culture & Humanities
(A560)
IRS Verified
DX Registered
990 on File
NORTH MUSEUM CORPORATION
Financial strength (30%)
89/100
Reliability (20%)
55/100
Effectiveness (25%)
75/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
To enable knowledge of nature and science by inspiring individuals, engaging communities, and connecting organizations. The Education Department directly connects organizations within the science industry to every program, from STEM Career Fairs to the Internationally affiliated Science and Engineering Fair.
Financial Overview — FY 2023
$844K
Total Revenue
$1.2M
Total Expenses
$2.8M
Net Assets
33
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
71.3%
Fundraising Efficiency
30.8%
Operating Reserve
29.71x
Liability-to-Asset
7.6%
Revenue Diversification
58.3%
Compared with Peers
FY 2023
Compared with 4,647 similar organizations
(United States, Arts, Culture & Humanities, $1M–$10M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
71.3% | 77.9% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
22.9% | 14.6% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
5.7% | 5.5% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
30.8% | 251.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
29.7 mo | 16.8 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
7.6% | 10.7% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
58.3% | 74.6% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
11.0% | 3.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
11.6% | 13.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-36.3% | -0.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $844K | $1.2M | $2.8M | 71.3% | 33 |
| 2022 | $761K | $1.0M | $3.1M | 71.5% | 33 |
| 2021 | $737K | $1.1M | N/A | — | 41 |
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