Museum of American Finance

Analysis

Museum of American Finance is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 1992, 34 years ago. 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, Museum of American Finance reported income of $1.4m and spending of $1.6m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.4m (+6.6%), an average of +1.6% a year. The sharpest change came in the year to December 2020, when income rose by 46%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Museum of American Finance sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Family Promise of Greater Cleveland ($1.4m), Global Pearls LLC ($1.4m) and A E T Library Endowment ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 108% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $218k (13% of expenses). Other salaries and wages came to $726k. At year end it held assets of $463k against liabilities of $535k, net assets of -$71k. It reported 9 employees.