Miles B Carpenter Museum Inc is a 501(c)(3) organization based in Waverly, Virginia, registered in 1988, with $11,975 in FY2018 revenue. CharityIndex grades it F.
Revenue (FY2018)
$12K
▼ 2.9% vs prior year
Arts & Culture median: $159K
Expenses (FY2018)
$28K
Net assets
$805K
Employees
—
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 Miles B Carpenter Museum Inc— 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 Miles B Carpenter Museum Inc: 343 mo reserves · -135% margin earns a F 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 Miles B Carpenter Museum Inc— 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 Miles B Carpenter Museum Inc: 0 of 5 disclosure signals earns a F on this criterion. See the exact thresholds →
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Revenue declined from $24K (FY2013) to $12K (FY2018) across 6 reported years.
Financial snapshot
Operating margin
-135.4%
Spent more than it raised in the latest fiscal year.
Total assets
$805K
Total liabilities
$0
Net assets
$805K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2018 | $11,975▼2.9% | $28,188▲6.5% | $805,142▼2.0% | $805,142▼2.0% | 990 |
| 2017 | $12,337▼37.4% | $26,469▲1.7% | $821,278▼1.3% | $821,278▼1.3% | 990 |
| 2016 | $19,714▲10.2% | $26,015▼11.7% | $831,776▼0.6% | $831,776▼0.6% | 990 |
| 2015 | $17,894▼19.2% | $29,448▼30.4% | $836,938▼1.9% | $836,938▼1.9% | 990 |
| 2014 | $22,142▼7.6% | $42,306▲1.1% | $852,994▼2.3% | $852,994▼2.3% | 990 |
| 2013 | $23,971 | $41,847 | $873,357 | $873,357 | 990 |
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.
9 grants to Miles B Carpenter Museum Inc totaling $59K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Community Foundation Inc | Community vibrancy | 2022 | $9,217 |
| The Community Foundation Inc | General purposes | 2021 | $8,081 |
| The Community Foundation Inc | The operating, program and capital needs of the museum | 2020 | $7,743 |
| The Community Foundation Inc | General purposes | 2019 | $5,947 |
| The Community Foundation Inc | The operating, program and capital needs of the museum | 2018 | $5,697 |
| The Community Foundation Inc | Operating and program support | 2017 | $5,664 |
| The Community Foundation Inc | General purposes | 2016 | $5,595 |
| The Community Foundation Inc | General purposes | 2015 | $5,430 |
| The Community Foundation Inc | Operating and capital needs | 2014 | $5,191 |
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Data for Miles B Carpenter Museum Inc (EIN 54-1468456) 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.