Ypsilanti Automotive Heritage Museum

Analysis

Ypsilanti Automotive Heritage Museum is a registered charity in United States, based in Ypsilanti, MI. It received its IRS tax-exemption ruling in June 2004, 22 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, Ypsilanti Automotive Heritage Museum reported income of $59k and spending of $85k, spending 144% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $58k to $59k (+0.9%), an average of +0.2% a year. The sharpest change came in the year to December 2021, when income rose by 213%. Over the whole period it spent 134% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ypsilanti Automotive Heritage Museum sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within MI. Charities of a similar size with the same main cause include Cumberland Players ($59k), Philosophy of Education Society ($59k) and Madison Savoyards Ltd ($59k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 28% of the total. Other salaries and wages came to $5,052. At year end it held assets of $532k against liabilities of $67, net assets of $531k. It reported 1 employees.