Antique Auto Museum of Mass at Larz Anderson Park Inc

Analysis

Antique Auto Museum of Mass at Larz Anderson Park Inc is a registered charity in United States, based in Brookline, MA. It received its IRS tax-exemption ruling in September 1971, 55 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, Antique Auto Museum of Mass at Larz Anderson Park Inc reported income of $1.0m and spending of $1.0m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $975k to $1.0m (+4.3%), an average of +1.1% a year. The sharpest change came in the year to December 2021, when income rose by 62%. 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, Antique Auto Museum of Mass at Larz Anderson Park Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include Charlotte Museum of History Inc ($1.0m), Connectcr Inc ($1.0m) and Harbor Springs Area Historical Society ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $447k (43% of expenses). Other salaries and wages came to $708. At year end it held assets of $1.4m against liabilities of $363k, net assets of $1.1m. It reported 21 employees.