Ukrainian Museum-Archive Inc

Analysis

Ukrainian Museum-Archive Inc is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in March 1966, 60 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, Ukrainian Museum-Archive Inc reported income of $524k and spending of $352k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $164k to $524k (+219%), an average of +34% a year. The sharpest change came in the year to December 2021, when income rose by 321%. Over the whole period it spent 53% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ukrainian Museum-Archive Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include The Meteoritical Society ($524k), Waterford Foundation Inc ($524k) and Carmel Art Association ($524k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 12% of the total. Other salaries and wages came to $87k. At year end it held assets of $2.5m against liabilities of $77k, net assets of $2.4m. It reported 10 employees.