The Tuskegee Airmen National Historical Museum

Analysis

The Tuskegee Airmen National Historical Museum is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in March 1988, 38 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, The Tuskegee Airmen National Historical Museum reported income of $2.3m and spending of $2.2m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.3m (+41%), an average of +9.1% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 84% 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 Tuskegee Airmen National Historical Museum sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within MI. Charities of a similar size with the same main cause include Marwen Foundation ($2.3m), Apache Software Foundation ($2.3m) and American Conference of Governmental Industrial Hygienists Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.9% of the total. Compensation of current officers, directors and key employees was $93k (4.2% of expenses). Other salaries and wages came to $255k. It paid $106k in professional fundraising fees. At year end it held assets of $2.7m against liabilities of $330k, net assets of $2.4m. It reported 20 employees.