Alaska Veterans Museum

Analysis

Alaska Veterans Museum is a registered charity in United States, based in Eagle River, AK. It received its IRS tax-exemption ruling in March 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 December 2023, Alaska Veterans Museum reported income of $88k and spending of $80k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $39k to $88k (+124%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 43%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Alaska Veterans Museum sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 29th percentile within AK. Charities of a similar size with the same main cause include Thai Cultural Council of Minnesota St Louis Park ($88k), Fort Wayne Firefighters Museum Inc ($88k) and Iris Foundation ($88k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $131k against liabilities of $0, net assets of $131k.