Negro Leagues Baseball Museum Inc

Analysis

Negro Leagues Baseball Museum Inc is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in March 1991, 35 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 2023, Negro Leagues Baseball Museum Inc reported income of $5.7m and spending of $2.8m, leaving 50% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.8m to $5.7m (+102%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 46%. Over the whole period it spent 64% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Negro Leagues Baseball Museum Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within MO. Charities of a similar size with the same main cause include Winnetka Community House ($5.7m), Jayne Wrightsman Irr Trust Xxxxx7008 ($5.7m) and Mindbuilders Creative Arts Inc ($5.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 33% of the total. Other salaries and wages came to $666k. At year end it held assets of $14.1m against liabilities of $356k, net assets of $13.8m. It reported 19 employees.