African American Museum of Bucks County

Analysis

African American Museum of Bucks County is a registered charity in United States, based in Langhorne, PA. It received its IRS tax-exemption ruling in October 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 June 2024, African American Museum of Bucks County reported income of $492k and spending of $155k, leaving 69% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $303k to $492k (+62%), an average of +62% a year. The sharpest change came in the year to June 2024, when income rose by 62%. Over the whole period it spent 38% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, African American Museum of Bucks County sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within PA. Charities of a similar size with the same main cause include The Odyssey After School Enrichment Program ($492k), Union Avenue Opera Theatre ($492k) and Moffat Road Railroad Museum ($492k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $9,460. It paid $76k in professional fundraising fees. At year end it held assets of $731k against liabilities of $3,212, net assets of $728k.