American Friends of the Musee Orsay

Analysis

American Friends of the Musee Orsay is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 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 June 2024, American Friends of the Musee Orsay reported income of $2.0m and spending of $1.4m, leaving 29% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $764k to $2.0m (+162%), an average of +27% a year. The sharpest change came in the year to June 2022, when income rose by 170%. Over the whole period it spent 80% 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 Friends of the Musee Orsay sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Montclair Historical Society ($2.0m), Society for the Preservation of Maryland Antiquities ($2.0m) and Mark Arts Inc ($2.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 113% and program service revenue 2.1% of the total. At year end it held assets of $3.2m against liabilities of $634k, net assets of $2.6m.