Museum of Design Atlanta Inc

Analysis

Museum of Design Atlanta Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in July 1989, 37 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 2022, Museum of Design Atlanta Inc reported income of $1.2m and spending of $1.4m, spending 112% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income grew from $851k to $1.2m (+45%), an average of +9.8% a year. The sharpest change came in the year to December 2019, when income rose by 51%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Museum of Design Atlanta Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within GA. Charities of a similar size with the same main cause include Waterside Workshops ($1.2m), Spark Project Inc ($1.2m) and Gillispie County Historical Society Inc ($1.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 85% and program service revenue 12% of the total. Other salaries and wages came to $465k. At year end it held assets of $241k against liabilities of $594k, net assets of -$353k. It reported 29 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.