National Vietnam War Museum Inc

Analysis

National Vietnam War Museum Inc is a registered charity in United States, based in Weatherford, TX. It received its IRS tax-exemption ruling in July 1999, 27 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, National Vietnam War Museum Inc reported income of $2.5m and spending of $2.2m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.5m (+67%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 39%. Over the whole period it spent 83% 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 Vietnam War Museum Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include New Jersey Policy Perspective Inc ($2.5m), Brava for Women in the Arts ($2.5m) and Manchester Craftsmens Guild ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $75k (3.4% of expenses). It paid $1.9m in professional fundraising fees. At year end it held assets of $3.9m against liabilities of $272k, net assets of $3.6m. It reported 1 employees.