Veterans Memorial Museum Foundation Inc

Analysis

Veterans Memorial Museum Foundation Inc is a registered charity in United States, based in Germantown, OH. It received its IRS tax-exemption ruling in May 2010, 16 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, Veterans Memorial Museum Foundation Inc reported income of $164k and spending of $68k, leaving 58% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $64k to $164k (+157%), an average of +60% a year. The sharpest change came in the year to December 2022, when income rose by 69%. Over the whole period it spent 46% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Veterans Memorial Museum Foundation Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within OH. Charities of a similar size with the same main cause include American Institute for Roman Culture Inc ($164k), Shaker Historical Society ($164k) and Hijos Del Sol Arts Productions ($164k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $317k against liabilities of $40k, net assets of $277k.