Louisiana Veterans Museum Foundation

Analysis

Louisiana Veterans Museum Foundation is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in May 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Louisiana Veterans Museum Foundation reported income of $355k and spending of $115k, leaving 67% of income unspent that year. Across the 2 years on record, from December 2019 to December 2023, income grew from $261k to $355k (+36%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 19% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Louisiana Veterans Museum Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within LA. Charities of a similar size with the same main cause include Premier Lone Star Wind Orchestra ($355k), Museum at Portland Head Light ($355k) and Atheist Community of Austin Inc ($355k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $560k against liabilities of $0, net assets of $560k.