American Museum of Natural History Planetarium Authority

Analysis

American Museum of Natural History Planetarium Authority is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1936, 90 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 June 2023, American Museum of Natural History Planetarium Authority reported income of $806k and spending of $2.8m, spending 342% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $114k to $806k (+609%), an average of +63% a year. The sharpest change came in the year to June 2023, when income rose by 672%. Over the whole period it spent 1032% 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 Museum of Natural History Planetarium Authority sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Generation Diamond Corporation ($805k), Rideback Rise Inc ($806k) and Electronic Arts Intermix Inc ($805k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $40.2m against liabilities of $885k, net assets of $39.3m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.