John F Kennedy Hyannis Museum Foundation Inc

Analysis

John F Kennedy Hyannis Museum Foundation Inc is a registered charity in United States, based in Hyannis, MA. It received its IRS tax-exemption ruling in August 2014, 12 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 December 2023, John F Kennedy Hyannis Museum Foundation Inc reported income of $772k and spending of $545k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $853k to $772k (-9.6%), an average of -2.5% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, John F Kennedy Hyannis Museum Foundation Inc 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 76th percentile, and in the 76th percentile within MA. Charities of a similar size with the same main cause include Georgia Nihongo Gakko Inc ($772k), Adagio Institute Inc ($772k) and Iranian American Jewish Cultural Organization ($772k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $77k (14% of expenses). Other salaries and wages came to $133k. At year end it held assets of $1.7m against liabilities of $541k, net assets of $1.1m. It reported 13 employees.