Marlene Yu Museum

Analysis

Marlene Yu Museum is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in January 2015, 11 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, Marlene Yu Museum reported income of $53k and spending of $4,563, leaving 91% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $2,137 to $53k (+2368%), an average of +2368% a year. The sharpest change came in the year to December 2023, when income rose by 2368%. Over the whole period it spent 17% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Marlene Yu Museum sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 21st percentile within LA. Charities of a similar size with the same main cause include Pierce Arrow Foundation ($53k), Educational Center for the Blind and the Handicapped of Puerto Rico ($53k) and Jones River Village Historical Society Inc ($53k).

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 $112k against liabilities of $0, net assets of $112k.