Wings Over Miami Museum Inc

Analysis

Wings Over Miami Museum Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending November 2023, Wings Over Miami Museum Inc reported income of $176k and spending of $152k, spending 86% of its income. Across the 3 years on record, from November 2021 to November 2023, income grew from $156k to $176k (+13%), an average of +6.1% a year. The sharpest change came in the year to November 2022, when income rose by 37%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wings Over Miami Museum Inc sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within FL. Charities of a similar size with the same main cause include Interplay Jazz & Arts Inc ($176k), Tulare Joint Union High School District Foundation ($176k) and Society of Mayflower Descendants in the State of Connecticut ($176k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 68% and program service revenue 22% of the total. Other salaries and wages came to $45k. At year end it held assets of $133k against liabilities of $3,491, net assets of $130k. It reported 1 employees.