Lincoln Motor Car Heritage Museum and Research Foundation Inc

Analysis

Lincoln Motor Car Heritage Museum and Research Foundation Inc is a registered charity in United States, based in Grosse Pt SHR, MI. It received its IRS tax-exemption ruling in July 2004, 22 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, Lincoln Motor Car Heritage Museum and Research Foundation Inc reported income of $370k and spending of $166k, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $313k to $370k (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2022, when income rose by 75%. Over the whole period it spent 48% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lincoln Motor Car Heritage Museum and Research Foundation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within MI. Charities of a similar size with the same main cause include Chestertown Arts League Inc ($370k), Steamy Lit Foundation ($370k) and Chitresh Das Institute ($370k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $4.9m against liabilities of $15k, net assets of $4.9m.