Southern Alleghenies Museum of Art

Analysis

Southern Alleghenies Museum of Art is a registered charity in United States, based in Altoona, PA. It received its IRS tax-exemption ruling in September 1975, 51 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 June 2024, Southern Alleghenies Museum of Art reported income of $1.3m and spending of $1.1m, spending 81% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.3m to $1.3m (+4.9%), an average of +1.2% a year. The sharpest change came in the year to June 2022, when income dropped by 23%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Southern Alleghenies Museum of Art sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within PA. Charities of a similar size with the same main cause include Newport Car Museum Inc ($1.3m), Museum Kampa- the Jan and Meda Mladek Foundation ($1.3m) and Clifton Cultural Arts Center ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 74% and program service revenue 10% of the total. Other salaries and wages came to $426k. At year end it held assets of $3.9m against liabilities of $464k, net assets of $3.4m. It reported 24 employees.