Indiana Military Museum Inc

Analysis

Indiana Military Museum Inc is a registered charity in United States, based in Vincennes, IN. It received its IRS tax-exemption ruling in July 1983, 43 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, Indiana Military Museum Inc reported income of $560k and spending of $188k, leaving 66% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $234k to $560k (+139%), an average of +24% a year. The sharpest change came in the year to June 2022, when income rose by 231%. Over the whole period it spent 50% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Indiana Military Museum Inc sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IN. Charities of a similar size with the same main cause include The Chinese Consolidated Benevolent Association of Washington DC ($560k), Friends of the Chinese American Museum ($560k) and Cmcarts Inc ($559k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 84% and program service revenue 12% of the total. At year end it held assets of $3.7m against liabilities of $0, net assets of $3.7m.