Roots 101 African America Museum

Analysis

Roots 101 African America Museum is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in July 2019, 7 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, Roots 101 African America Museum reported income of $369k and spending of $141k, leaving 62% of income unspent that year. Across the 2 years on record, from December 2021 to December 2023, income grew from $198k to $369k (+86%), an average of +86% a year. The sharpest change came in the year to December 2023, when income rose by 86%. Over the whole period it spent 66% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Roots 101 African America Museum sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within KY. Charities of a similar size with the same main cause include Third Angle New Music Ensemble ($369k), Pacific Northwest Railroad Archive ($369k) and The Untaxer ($369k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. At year end it held assets of $239k against liabilities of $0, net assets of $239k.