Ukrainian American Archives & Museum Inc

Analysis

Ukrainian American Archives & Museum Inc is a registered charity in United States, based in Hamtramck, MI. It received its IRS tax-exemption ruling in August 1967, 59 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 American Archives & Museum Inc reported income of $83k and spending of $114k, spending 136% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $232k to $83k (-64%), an average of -22% a year. The sharpest change came in the year to December 2021, when income rose by 130%. Over the whole period it spent 97% 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 American Archives & Museum Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within MI. Charities of a similar size with the same main cause include Grove Center for Worship Arts ($83k), Phelps Mill Country ($84k) and Musical Stages Inc ($83k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $36k (32% of expenses). At year end it held assets of $301k against liabilities of $105, net assets of $300k. It reported 1 employees.