Armed Forces Museum Foundation

Analysis

Armed Forces Museum Foundation is a registered charity in United States, based in Camp Shelby, MS. It received its IRS tax-exemption ruling in March 1990, 36 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 2024, Armed Forces Museum Foundation reported income of $60k and spending of $99k, spending 163% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $37k to $60k (+63%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 150%. Over the whole period it spent 126% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Armed Forces Museum Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 24th percentile within MS. Charities of a similar size with the same main cause include Capital Area Budokai Inc ($60k), Washington Community Concerts Inc ($60k) and Kansas International Film Festival Inc ($60k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 51% of the total. At year end it held assets of $349k against liabilities of $0, net assets of $349k.