East End African American Museum and Center for Excellence

Analysis

East End African American Museum and Center for Excellence is a registered charity in United States, based in Southampton, NY. It received its IRS tax-exemption ruling in October 2019, 7 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, East End African American Museum and Center for Excellence reported income of $125k and spending of $110k, spending 88% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $265k to $125k (-53%), an average of -32% a year. The sharpest change came in the year to December 2022, when income dropped by 60%. Over the whole period it spent 50% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, East End African American Museum and Center for Excellence 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 43rd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include Rochester Engineering Society Inc ($125k), Captain Avery Museum Inc ($125k) and Pan Harmonia ($125k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $20k (18% of expenses). At year end it held assets of $284k against liabilities of $0, net assets of $284k.