The Museum of Democracy Inc

Analysis

The Museum of Democracy Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2012, 14 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, The Museum of Democracy Inc reported income of $203k and spending of $152k, leaving 25% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $75k to $203k (+171%), an average of +65% a year. The sharpest change came in the year to December 2023, when income rose by 109%. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Museum of Democracy Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Kitsap County Historical Society ($203k), Hatch Workshop ($203k) and North Carolina Baroque Orchestra ($203k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.