Irish-American Heritage Museum

Analysis

Irish-American Heritage Museum is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in June 1988, 38 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 March 2024, Irish-American Heritage Museum reported income of $238k and spending of $186k, leaving 22% of income unspent that year. Across the 4 years on record, from March 2019 to March 2024, income grew from $171k to $238k (+39%), an average of +12% a year. The sharpest change came in the year to March 2023, when income rose by 49%. Over the whole period it spent 71% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Irish-American Heritage Museum sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Taiko Community Alliance ($238k), Erie County Music Educators Association ($238k) and The Thrift Shop ($238k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 99% and program service revenue 3.5% of the total. Compensation of current officers, directors and key employees was $66k (36% of expenses). Other salaries and wages came to $46k. At year end it held assets of $420k against liabilities of $0, net assets of $420k. It reported 3 employees.