Museo de Las Americas Inc

Analysis

Museo de Las Americas Inc is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in June 1994, 32 years ago. 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, Museo de Las Americas Inc reported income of $1.2m and spending of $946k, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $519k to $1.2m (+126%), an average of +23% a year. The sharpest change came in the year to June 2023, when income rose by 42%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Museo de Las Americas Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 74th percentile within PR. Charities of a similar size with the same main cause include Piedmont Court Apointed Special Advocates Inc ($1.2m), Learning Avenues Child Care Centers ($1.2m) and Hillel the Foundation for Jewish Campus Life ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 6.9% of the total. Other salaries and wages came to $419k. At year end it held assets of $2.1m against liabilities of $250k, net assets of $1.8m. It reported 21 employees.