American Museum in Bath

Analysis

American Museum in Bath is a registered charity in United States, based in United Kingdom. It received its IRS tax-exemption ruling in June 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 (gross receipts test) under section 501(c)(3).

In the financial year ending December 2023, American Museum in Bath reported income of $3.0m and spending of $3.1m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $3.0m (+8.6%), an average of +2.1% a year. The sharpest change came in the year to December 2023, when income rose by 695%. Over the whole period it spent 124% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Museum in Bath sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile. Charities of a similar size with the same main cause include Multicultural AIDS Coalition Inc ($3.0m), Lebanon Opera House Improvement Corporation ($3.0m) and East Asian Observatory ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $105k (3.3% of expenses). Other salaries and wages came to $945k. At year end it held assets of $25.2m against liabilities of $205k, net assets of $25.0m.

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.