Kansas City Automotive Museum Inc

Analysis

Kansas City Automotive Museum Inc is a registered charity in United States, based in Olathe, KS. It received its IRS tax-exemption ruling in October 2011, 15 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, Kansas City Automotive Museum Inc reported income of $584k and spending of $890k, spending 152% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $156k to $584k (+273%), an average of +39% a year. The sharpest change came in the year to December 2020, when income rose by 2681%. Over the whole period it spent 49% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kansas City Automotive Museum Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within KS. Charities of a similar size with the same main cause include Marquette County Historical Society Inc ($584k), Department of Public Transformation ($584k) and Academy of Childrens Theatre ($584k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $92k (10% of expenses). Other salaries and wages came to $219k. It paid $679 in professional fundraising fees. At year end it held assets of $4.1m against liabilities of $17k, net assets of $4.1m.