Veterans Museum Miami Valley

Analysis

Veterans Museum Miami Valley is a registered charity in United States, based in Troy, OH. It received its IRS tax-exemption ruling in September 2010, 16 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, Veterans Museum Miami Valley reported income of $262k and spending of $286k, spending 109% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $268k to $262k (-2.3%), an average of -1.2% a year. The sharpest change came in the year to December 2022, when income rose by 65%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Veterans Museum Miami Valley sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within OH. Charities of a similar size with the same main cause include Historic Downtown Snohomish ($262k), Dance Source Houston ($262k) and Rockport Cultural Arts District ($262k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 59% of the total. At year end it held assets of $219k against liabilities of $0, net assets of $219k.