National World War II Museum Inc

Analysis

National World War II Museum Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in October 1992, 34 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 2023, National World War II Museum Inc reported income of $81.8m and spending of $66.6m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $104.6m to $81.8m (-22%), an average of -6.0% a year. The sharpest change came in the year to June 2022, when income rose by 72%. Over the whole period it spent 70% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National World War II Museum Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within LA. Charities of a similar size with the same main cause include Los Angeles County Museum of Natural History Foundation ($81.6m), The Edison Institute Inc ($81.9m) and Chicago Symphony Orchestra ($80.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $3.7m (5.6% of expenses). Other salaries and wages came to $15.6m. At year end it held assets of $415.7m against liabilities of $23.5m, net assets of $392.1m. It reported 398 employees.