Butler Institute of American Art

Analysis

Butler Institute of American Art is a registered charity in United States, based in Youngstown, OH. It received its IRS tax-exemption ruling in June 1936, 90 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, Butler Institute of American Art reported income of $5.0m and spending of $4.3m, spending 87% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.0m to $5.0m (+149%), an average of +26% a year. The sharpest change came in the year to June 2021, when income rose by 461%. Over the whole period it spent 61% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Butler Institute of American Art sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within OH. Charities of a similar size with the same main cause include The Wick Theatre & Costume Museum Inc ($5.0m), De Cordova and Dana Museum and Park ($5.0m) and Berkeley Society for the Preservation of Traditional Music ($5.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 40% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $221k (5.1% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $70.3m against liabilities of $199k, net assets of $70.1m. It reported 37 employees.