Birmingham Museum of Art Foundation Inc

Analysis

Birmingham Museum of Art Foundation Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in November 1973, 53 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Birmingham Museum of Art Foundation Inc reported income of $123k and spending of $427k, spending 348% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $174k to $123k (-29%), an average of -8.3% a year. The sharpest change came in the year to June 2021, when income rose by 176%. Over the whole period it spent 204% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Birmingham Museum of Art Foundation Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within PA. Charities of a similar size with the same main cause include Essex Winter Series Inc ($123k), For the Love of the Arts Inc ($123k) and Uermmmc Medical Alumni Association of America Inc ($123k).

Compensation of current officers, directors and key employees was $23k (5.4% of expenses). At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.