River Road African American Museum and Gallery

Analysis

River Road African American Museum and Gallery is a registered charity in United States, based in Donaldsonvlle, LA. It received its IRS tax-exemption ruling in July 1996, 30 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, River Road African American Museum and Gallery reported income of $299k and spending of $219k, leaving 27% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $109k to $299k (+175%), an average of +40% a year. The sharpest change came in the year to June 2021, when income rose by 275%. Over the whole period it spent 72% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, River Road African American Museum and Gallery sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within LA. Charities of a similar size with the same main cause include Southeast Missouri Childrens Museum ($299k), LA State Penitentiary Museum Foundation Inc ($299k) and Orpheum Theatre Endowment Inc ($299k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 5.9% of the total. Compensation of current officers, directors and key employees was $20k (9.3% of expenses). Other salaries and wages came to $1,776. At year end it held assets of $758k against liabilities of $0, net assets of $758k. It reported 1 employees.