Twa Museum Inc

Analysis

Twa Museum Inc is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in August 2013, 13 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, Twa Museum Inc reported income of $184k and spending of $152k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $135k to $184k (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2022, when income rose by 41%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Twa Museum Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within MO. Charities of a similar size with the same main cause include India Association Cultural and Education Center of N Central FL I ($184k), Manga African Dance Inc ($184k) and Maine Lighthouse Museum Inc ($184k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 24% of the total. At year end it held assets of $435k against liabilities of $213k, net assets of $222k.