The Carnegie Center for Arts and History
Nonprofit profile at a glance
- EIN
- 621746125
- IRS 990-EZ coverage
- 2009–2024
- Forms available
- Form 990 2020, Form 990-EZ 2024
- Location
- Jackson, TN, USA
- Phone
- 7316680494
- Rating
- 96
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Children's Museums
Reported finances
- Revenue
- $56,221
- Expenses
- $61,128
- Assets
- $137,090
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Jimmy Exum (Vice President)
- Steve Little (President)
People named in this filing
- Steve Bowers (Director)
- Randy Williams (Director)
- Jimmy Exum (Vice President)
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 purpose for which this corporation is organized is to support the development, construction and operation of a children's museum intended to stimulate the curiosity and enhance the education of the youth of West Tennessee by presenting entertaining interactive and innovative programs and exhibits of the highest quality, including but not limited to, programs and exhibits that highlight the rich heritage of West Tennessee.
What it reported doing in 2024
To support the development, construction and operation of a children's museum intended to stimulate the curiosity and enhance the education of the youth of West Tennessee by presenting entertaining interactive and innovative programs and exhibits of the highest quality, including but not limited to, programs and exhibits that highlight the rich heritage of West Tennessee.
Operating model
- Revenue model
- Donor-supported. 89% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
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: 100
- Transparency & Controls: 100
- Sustainability: 50
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
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: -8.7%; rating input score 32; 32nd percentile among comparable filings
- Total-asset coverage ratio: 2.24; rating input score 68; 68th 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: -7.2% per year; rating input score 0; 31st percentile among comparable filings
- Revenue growth: 17.3% per year; rating input score 100; 88th percentile among comparable filings
- Asset growth: 6.1% per year; rating input score 100; 61st percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $61K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2009 to 2024
- Contacts: How to reach this organization
- 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.
- Moderate — Sustainability: Operating margin scored 32/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.