Monuments Men and Women Foundation

Analysis

Monuments Men and Women Foundation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in December 2007, 19 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, Monuments Men and Women Foundation reported income of $532k and spending of $427k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $46k to $532k (+1050%), an average of +84% a year. The sharpest change came in the year to December 2020, when income rose by 261%. 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, Monuments Men and Women Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Prosper Band Booster Club ($532k), Delta Educational Cultural Society ($532k) and Guam Educational Radio Foundation ($532k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $69k (16% of expenses). Other salaries and wages came to $43k. At year end it held assets of $162k against liabilities of $332k, net assets of -$170k. It reported 2 employees.