Museum of the American Revolution

Analysis

Museum of the American Revolution is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in January 2003, 23 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, Museum of the American Revolution reported income of $9.5m and spending of $15.8m, spending 167% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $10.4m to $9.5m (-8.9%), an average of -2.3% a year. The sharpest change came in the year to September 2022, when income rose by 169%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Museum of the American Revolution sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include JCPDS International Centre for Diffraction Data ($9.5m), Music Hall Center for the Performing Arts Inc ($9.5m) and National Film Preserve Ltd ($9.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 53% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $995k (6.3% of expenses). Other salaries and wages came to $5.5m. At year end it held assets of $142.2m against liabilities of $1.5m, net assets of $140.7m. It reported 165 employees.