American Classic Arcade Museum Inc

Analysis

American Classic Arcade Museum Inc is a registered charity in United States, based in Laconia, NH. It received its IRS tax-exemption ruling in November 2003, 23 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, American Classic Arcade Museum Inc reported income of $106k and spending of $138k, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $159k to $106k (-33%), an average of -9.6% a year. The sharpest change came in the year to December 2023, when income dropped by 61%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Classic Arcade Museum Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within NH. Charities of a similar size with the same main cause include Art at a Time Like This Inc ($106k), Lake Eustis Museum of Art ($106k) and Timpanogos Valley Theater Company ($106k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.4% of the total. Compensation of current officers, directors and key employees was $18k (13% of expenses). At year end it held assets of $264k against liabilities of $2,742, net assets of $261k. It reported 1 employees.