Amc Museum Foundation Inc

Analysis

Amc Museum Foundation Inc is a registered charity in United States, based in Dover Afb, DE. It received its IRS tax-exemption ruling in March 1995, 31 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 September 2023, Amc Museum Foundation Inc reported income of $218k and spending of $144k, leaving 34% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $171k to $218k (+28%), an average of +6.3% a year. The sharpest change came in the year to September 2022, when income rose by 222%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Amc Museum Foundation Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 51st percentile within DE. Charities of a similar size with the same main cause include Talking Eyes Media Inc ($218k), Metropolitan Ballet Company ($218k) and Klezmer Music Foundation ($218k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 38% of the total. Other salaries and wages came to $36k. At year end it held assets of $546k against liabilities of $8,816, net assets of $538k. It reported 2 employees.