Buffalo Transportation Museum

Analysis

Buffalo Transportation Museum is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in September 1997, 29 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 September 2023, Buffalo Transportation Museum reported income of $3.6m and spending of $749k, leaving 79% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.0m to $3.6m (+78%), an average of +16% a year. The sharpest change came in the year to September 2021, when income rose by 290%. Over the whole period it spent 27% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Buffalo Transportation Museum sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Black Innovation Alliance ($3.6m), Friends of Mount Auburn Cemetery ($3.6m) and Museum of Northern Arizona Inc ($3.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 88% and program service revenue 11% of the total. Other salaries and wages came to $35k. At year end it held assets of $34.4m against liabilities of $807k, net assets of $33.6m. It reported 6 employees.