Pan Am Museum Foundation Inc

Analysis

Pan Am Museum Foundation Inc is a registered charity in United States, based in Garden City, NY. It received its IRS tax-exemption ruling in December 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, Pan Am Museum Foundation Inc reported income of $258k and spending of $197k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $253k to $258k (+2.0%), an average of +2.0% a year. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pan Am Museum Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include Atlanta Celebrates Photography Inc ($258k), Dance Conservatory of Pasadena School ($258k) and Cle Elum Downtown Association ($258k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $19k. At year end it held assets of $333k against liabilities of $40k, net assets of $292k. It reported 3 employees.