New Orleans African American Museum of Art Culture and History

Analysis

New Orleans African American Museum of Art Culture and History is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in April 2001, 25 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, New Orleans African American Museum of Art Culture and History reported income of $1.6m and spending of $1.6m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $93k to $1.6m (+1664%), an average of +105% a year. The sharpest change came in the year to December 2021, when income rose by 1245%. Over the whole period it spent 75% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New Orleans African American Museum of Art Culture and History sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within LA. Charities of a similar size with the same main cause include San Jacinto Museum and Battlefield ($1.6m), Human Relations Area Files Incorporated ($1.6m) and World Poetry Books ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Other salaries and wages came to $317k. At year end it held assets of $4.7m against liabilities of $1.5m, net assets of $3.3m. It reported 7 employees.