Friends of the National Museum of Asian Pacific American History and

Analysis

Friends of the National Museum of Asian Pacific American History and is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 2022, 4 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, Friends of the National Museum of Asian Pacific American History and reported income of $138k and spending of $103k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $138k (+97%), an average of +97% a year. The sharpest change came in the year to December 2023, when income rose by 97%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of the National Museum of Asian Pacific American History and sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 24th percentile within DC. Charities of a similar size with the same main cause include Carmel Gallery Alliance ($138k), Aca of Central Florida Inc ($138k) and Ballet Ariel Inc ($138k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $37k against liabilities of $2,612, net assets of $34k.