Mennello Museum of American Art Friends Inc

Analysis

Mennello Museum of American Art Friends Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in March 2000, 26 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 September 2023, Mennello Museum of American Art Friends Inc reported income of $383k and spending of $406k, spending 106% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $278k to $383k (+38%), an average of +8.3% a year. The sharpest change came in the year to September 2021, when income rose by 161%. Over the whole period it spent 69% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mennello Museum of American Art Friends Inc sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include German-American School Association of Southern California ($383k), Columbus Area Arts Council ($383k) and Bellingham Circus Guild ($383k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 92% of the total. Other salaries and wages came to $96k. At year end it held assets of $2.0m against liabilities of $138k, net assets of $1.9m. It reported 3 employees.