The Museum of Language Arts Incorporated

Analysis

The Museum of Language Arts Incorporated is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 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 (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, The Museum of Language Arts Incorporated reported income of $8.3m and spending of $7.5m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.2m to $8.3m (+0.7%), an average of +0.2% a year. The sharpest change came in the year to December 2022, when income rose by 1385%. Over the whole period it spent 31% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Museum of Language Arts Incorporated sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 85th percentile within DC. Charities of a similar size with the same main cause include Harpers Magazine Foundation ($8.2m), Astrophysical Research Consortium ($8.3m) and Weitzman National Museum of American Jewish History ($8.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $541k (7.2% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $55.8m against liabilities of $350k, net assets of $55.5m. It reported 53 employees.