Mustang Museum of America

Analysis

Mustang Museum of America is a registered charity in United States, based in Odenville, AL. It received its IRS tax-exemption ruling in February 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mustang Museum of America reported income of $163k and spending of $128k, leaving 21% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $132k to $163k (+24%), an average of +4.4% a year. The sharpest change came in the year to December 2019, when income rose by 33%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mustang Museum of America sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within AL. Charities of a similar size with the same main cause include Organizacion de Tlaxcaltecas USA Inc ($163k), Burke Civic Ballet Inc ($163k) and Albany Civil Rights Institute Inc ($163k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. Other salaries and wages came to $1,838. At year end it held assets of $696k against liabilities of $27k, net assets of $669k. It reported 1 employees.