Tubman African American Museum Inc

Analysis

Tubman African American Museum Inc is a registered charity in United States, based in Macon, GA. It received its IRS tax-exemption ruling in March 1981, 45 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 June 2023, Tubman African American Museum Inc reported income of $746k and spending of $1.3m, spending 168% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $771k to $746k (-3.4%), an average of -0.8% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 170% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tubman African American Museum Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within GA. Charities of a similar size with the same main cause include Houston Family Arts Center ($745k), The JXN Project ($746k) and Telangana Peoples Association of Dallas ($745k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $77k (6.2% of expenses). Other salaries and wages came to $204k. At year end it held assets of $10.1m against liabilities of $1.7m, net assets of $8.4m. It reported 14 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.