Museum of American Armor Inc

Analysis

Museum of American Armor Inc is a registered charity in United States, based in Old Bethpage, NY. It received its IRS tax-exemption ruling in April 2013, 13 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, Museum of American Armor Inc reported income of $984k and spending of $1.1m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $978k to $984k (+0.7%), an average of +0.2% a year. The sharpest change came in the year to December 2022, when income rose by 144%. Over the whole period it spent 125% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Museum of American Armor Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include American Research Institute in Turkey Inc ($984k), Museum of Contemporary Art of Georgia Inc ($986k) and Ballet Five Eight NFP ($984k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.7m against liabilities of $19k, net assets of $2.7m.