National Museum of Transportation

Analysis

National Museum of Transportation is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in May 1952, 74 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, National Museum of Transportation reported income of $2.3m and spending of $2.4m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.3m (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Museum of Transportation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MO. Charities of a similar size with the same main cause include Georgia Budget and Policy Institute Inc ($2.3m), Staten Island Historical Society Inc ($2.3m) and Effingham City-County Committee on Aging ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $100k (4.1% of expenses). Other salaries and wages came to $953k. At year end it held assets of $8.3m against liabilities of $454k, net assets of $7.9m. It reported 64 employees.