Wharton Studio Museum

Nonprofit profile at a glance

EIN
465580900
IRS 990-EZ coverage
2019–2024
Forms available
Form 990-EZ 2024, Form 990-N 2018
Location
Ithaca, NY, USA
Phone
6075923017
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Museum, Museum Activities

Reported finances

Revenue
$134,723
Expenses
$97,078
Assets
$93,533

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

Leadership & pay

7 people listed

Executive titles in this filing

  • NIGAR HALE (PRESIDENT/TRUSTEE)
  • DIANA RIESMAN (EXECUTIVE DIRECTOR / CO FOUNDER)

People named in this filing

  • NIGAR HALE (PRESIDENT/TRUSTEE)
  • AMINA AHMAD (TREASURER/TRUSTEE)
  • ANNE GOSSEN (SECRETARY/TRUSTEE)

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

Preserve and celebrate history of american film in ithaca, ny

What it reported doing in 2024

Finger lakes film trail is an inter-county collaboration of important film sites incl. Wharton studio museum, confirming significance of cinema in ny american history. The trail highlights accomplishments of nys film pioneers.

Operating model

Revenue model
Donor-supported. 97% 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

SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 47
  • Transparency & Controls: 100
  • Sustainability: 57
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 40.7%; rating input score 41
  • Program expense ratio: 56.5%; rating input score 56

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: 27.9%; rating input score 82; 82nd percentile among comparable filings
  • Total-asset coverage ratio: 0.96; rating input score 58; 58th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 30.9%; rating input score 11; 11th percentile among comparable filings

Growth

  • Program expense growth: 15.6% per year; rating input score 100; 71st percentile among comparable filings
  • Revenue growth: 12.2% per year; rating input score 100; 72nd percentile among comparable filings
  • Asset growth: -5.7% per year; rating input score 0; 15th percentile among comparable filings

Details

  • Where the money goes: 40.7% of revenue deployed · 56.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $55K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 6 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 41/100.
  • Review — Financial Efficiency: Program expense ratio scored 56/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 58/100.
  • High — Sustainability: Officer compensation ratio scored 11/100.