American Museum of Natural History

Analysis

American Museum of Natural History is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1943, 83 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 June 2023, American Museum of Natural History reported income of $228.7m and spending of $227.7m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $219.1m to $228.7m (+4.4%), an average of +1.1% a year. Over the whole period it spent 97% 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 sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include WGBH Educational Foundation ($220.6m), The Aspen Institute Inc ($232.1m) and Medical Technology Enterprise Consortium ($210.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 9.7% of the total. Compensation of current officers, directors and key employees was $7.2m (3.2% of expenses). Other salaries and wages came to $83.4m. It paid $225k in professional fundraising fees. At year end it held assets of $1.64bn against liabilities of $537.1m, net assets of $1.11bn. It reported 1,305 employees.