American Watchmakers Institute Education Library & Museum Trust

Nonprofit profile at a glance

EIN
237160387
IRS 990-EZ coverage
2019–2024
Forms available
Form 990-EZ 2024, Form 990-N 2017
Location
Harrison, OH, USA
Phone
5133679800
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Libraries

Reported finances

Revenue
$17,616
Expenses
$23,169
Assets
$118,224
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

People named in this filing

  • SCOTT WALTERS (TRUSTEE)
  • STANLEY MCMAHAN (TRUSTEE)
  • JUSTIN SHIVER (CHAIRMAN)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The awci educational library and museum charitable trust was organized to aid in the advancement of the art and science of horology through activities in education. IRS purposes are: 1) to lend practical assistance to schools that engage in the teaching of horology. 2) to establish and maintain a horological library. 3) to establish and maintain a horological museum.

What it reported doing in 2024

1) maintain the library collection for lending and study all year. 2) maintain and keep open for visitors, our meseum collection all year. 3) handle grants from the nhcf to distribute to students in watchmaking class.

Operating model

Revenue model
Donor-supported. 76% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 100
  • Sustainability: 48
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 66%; rating input score 66

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -31.5%; rating input score 18; 18th percentile among comparable filings
  • Total-asset coverage ratio: 5.1; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -0.2% per year; rating input score 0; 47th percentile among comparable filings
  • Revenue growth: 10.9% per year; rating input score 100; 83rd percentile among comparable filings
  • Asset growth: 0.3% per year; rating input score 100; 40th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 66% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $15K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 6 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Operating margin scored 18/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.