Martin Auto Museum Inc

Analysis

Martin Auto Museum Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in February 2009, 17 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, Martin Auto Museum Inc reported income of $1.3m and spending of $1.1m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $570k to $1.3m (+124%), an average of +22% a year. The sharpest change came in the year to December 2020, when income rose by 1016%. Over the whole period it spent 28% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Martin Auto Museum Inc 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 79th percentile within AZ. Charities of a similar size with the same main cause include East Texas Symphony Orchestra ($1.3m), Ballet Theatre of Boston Inc ($1.3m) and Mount Wilson Institute ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 32% of the total. At year end it held assets of $12.4m against liabilities of $14k, net assets of $12.4m.