American Museum of Peace Inc

Analysis

American Museum of Peace Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in November 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, American Museum of Peace Inc reported income of $60k and spending of $37k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $30k to $60k (+99%), an average of +99% a year. The sharpest change came in the year to December 2023, when income rose by 99%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Museum of Peace Inc sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within PA. Charities of a similar size with the same main cause include Philadelphia Sculptors Inc ($60k), Jupiter Island Historical Society Inc ($60k) and Woodland Indian Art Inc ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $117k against liabilities of $34k, net assets of $83k.