Army Transportation Museum Foundation

Analysis

Army Transportation Museum Foundation is a registered charity in United States, based in Fort Eustis, VA. It received its IRS tax-exemption ruling in December 1970, 56 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, Army Transportation Museum Foundation reported income of $131k and spending of $239k, spending 182% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $300k to $131k (-56%), an average of -19% a year. The sharpest change came in the year to December 2022, when income rose by 83%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Army Transportation Museum Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within VA. Charities of a similar size with the same main cause include Coopersville Farm Museum Inc ($131k), Florence Regional Arts Alliance ($131k) and Brown Grand Opera House Inc ($131k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 65% of the total. Other salaries and wages came to $98k. At year end it held assets of $910k against liabilities of $155k, net assets of $754k. It reported 11 employees.