National Indo-American Museum

Analysis

National Indo-American Museum is a registered charity in United States, based in Lombard, IL. It received its IRS tax-exemption ruling in July 2014, 12 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 2023, National Indo-American Museum reported income of $289k and spending of $249k, spending 86% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $3.6m to $289k (-92%), an average of -92% a year. The sharpest change came in the year to June 2023, when income dropped by 92%. Over the whole period it spent 14% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Indo-American Museum sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within IL. Charities of a similar size with the same main cause include Folsom Historical Society ($289k), Governor Frank G Clement Railroad Hotel and Historical Museum ($289k) and Historical Society of Haddonfield ($289k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 1.6% of the total. Other salaries and wages came to $60k. At year end it held assets of $3.7m against liabilities of $0, net assets of $3.7m. It reported 2 employees.