Amon Carter Museum of Western Art

Analysis

Amon Carter Museum of Western Art is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in September 1963, 63 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, Amon Carter Museum of Western Art reported income of $19.2m and spending of $21.3m, spending 111% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $20.8m to $19.2m (-7.7%), an average of -2.0% a year. The sharpest change came in the year to September 2022, when income rose by 26%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Amon Carter Museum of Western Art sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include American Astronomical Society ($19.2m), New York Hall of Science ($19.2m) and Nevada Museum of Art Inc ($19.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 90% and program service revenue 2.1% of the total. Compensation of current officers, directors and key employees was $1.0m (4.8% of expenses). Other salaries and wages came to $6.6m. At year end it held assets of $85.5m against liabilities of $2.6m, net assets of $82.8m. It reported 184 employees.