International Art Museum of America

Analysis

International Art Museum of America is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 2010, 16 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 2023, International Art Museum of America reported income of $311k and spending of $499k, spending 160% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $594k to $311k (-48%), an average of -15% a year. The sharpest change came in the year to December 2021, when income rose by 552%. Over the whole period it spent 130% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, International Art Museum of America sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Mahaska Futureview Inc ($311k), Rocky Mountain Dance Theatre ($311k) and Worcester Youth Orchestras Inc ($311k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 22% of the total. Other salaries and wages came to $280k. At year end it held assets of $1.0m against liabilities of $15k, net assets of $1.0m. It reported 17 employees.