The American Experience Foundation Inc

Analysis

The American Experience Foundation Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 2002, 24 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, The American Experience Foundation Inc reported income of $386k and spending of $173k, leaving 55% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $196k to $386k (+98%), an average of +98% a year. The sharpest change came in the year to September 2023, when income rose by 98%. Over the whole period it spent 56% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The American Experience Foundation Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 39th percentile within DC. Charities of a similar size with the same main cause include Project Invest ($386k), Dance Arts Los Alamos ($386k) and Rogue Theatre ($386k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 104% of the total. Other salaries and wages came to $116k. At year end it held assets of $407k against liabilities of $28k, net assets of $379k.