National Atomic Museum Foundation

Analysis

National Atomic Museum Foundation is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in February 1993, 33 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 September 2023, National Atomic Museum Foundation reported income of $2.6m and spending of $2.4m, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.2m to $2.6m (+17%), an average of +4.1% a year. The sharpest change came in the year to September 2021, when income rose by 72%. Over the whole period it spent 95% 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 Atomic Museum Foundation 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 89th percentile within NM. Charities of a similar size with the same main cause include Young Audiences Inc ($2.6m), Da Camera Society of Texas ($2.6m) and Nucleate Bio Inc ($2.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 22% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $25k (1.1% of expenses). Other salaries and wages came to $926k. At year end it held assets of $7.3m against liabilities of $173k, net assets of $7.1m. It reported 56 employees.