Mid American Veterans Museum

Analysis

Mid American Veterans Museum is a registered charity in United States, based in O Fallon, MO. It received its IRS tax-exemption ruling in November 2016, 10 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mid American Veterans Museum reported income of $295k and spending of $117k, leaving 60% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $104k to $295k (+184%), an average of +184% a year. The sharpest change came in the year to December 2023, when income rose by 184%. Over the whole period it spent 44% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mid American Veterans Museum sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within MO. Charities of a similar size with the same main cause include Mixed Emotion Theatrix ($295k), Cleveland Jazz Orchestra ($295k) and J C Maxwell Broadcasting Group Inc ($295k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $278k against liabilities of $0, net assets of $278k.