The Mobile Museum of Art Inc

Analysis

The Mobile Museum of Art Inc is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in February 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 September 2023, The Mobile Museum of Art Inc reported income of $3.4m and spending of $3.2m, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.3m to $3.4m (+4.1%), an average of +1.0% a year. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Mobile Museum of Art Inc sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 93rd percentile within AL. Charities of a similar size with the same main cause include Davis Performing Arts Association ($3.4m), North America Telugu Society Inc ($3.4m) and Finreglab Inc ($3.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 93% and program service revenue 6.9% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $3.6m against liabilities of $59k, net assets of $3.6m. It reported 1 employees.