Mid-atlantic Association of Museums is a 501(c)(3) organization based in Cooperstown, New York, registered in 1980, with $529,144 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$529K
▲ 17.8% vs prior year
Expenses (FY2024)
$417K
Net assets
$252K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Mid-atlantic Association of Museums— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Mid-atlantic Association of Museums: 7 mo reserves · +21% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Mid-atlantic Association of Museums— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Mid-atlantic Association of Museums: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $71K (FY2015) to $529K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
21.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$262K
Total liabilities
$10K
Net assets
$252K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $529,144▲17.8% | $416,722▲3.2% | $251,882▲80.6% | $262,381▲87.9% | 990 |
| 2023 | $449,290▲24.6% | $403,634▲12.2% | $139,460▲48.7% | $139,654▲48.9% | 990 |
| 2022 | $360,454▲26.4% | $359,718▲35.9% | $93,804▲0.8% | $93,804▼6.6% | 990 |
| 2021 | $285,231▲117% | $264,598▲197% | $93,068▲28.5% | $100,389▲38.6% | 990 |
| 2020 | $131,502▼61.0% | $89,221▼75.7% | $72,435▲140% | $72,435▲140% | 990 |
| 2019 | $337,536▲11.3% | $367,267▲38.2% | $30,154▼49.6% | $30,154▼49.6% | 990 |
| 2018 | $303,226▲47.9% | $265,845▲32.7% | $59,885▲166% | $59,885▲166% | 990 |
| 2017 | $205,051▲1.7% | $200,301▲6.1% | $22,504▲26.8% | $22,504▲26.8% | 990 |
| 2016 | $201,649▲184% | $188,724▲140% | $17,754▲268% | $17,754▲268% | 990 |
| 2015 | $71,105 | $78,569 | $4,829 | $4,829 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Mid-atlantic Association of Museums (EIN 22-2313195) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.