Association of Academic Museums and Galleries

Analysis

Association of Academic Museums and Galleries is a registered charity in United States, based in Greencastle, IN. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Association of Academic Museums and Galleries reported income of $210k and spending of $187k, spending 89% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $240k to $210k (-13%), an average of -3.3% a year. The sharpest change came in the year to August 2023, when income rose by 68%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Association of Academic Museums and Galleries sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within IN. Charities of a similar size with the same main cause include Woolly Farms Foundation ($210k), Hawaii Veterans Memorial Fund ($210k) and Coptic Educational Foundation ($210k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 48% and program service revenue 50% of the total. At year end it held assets of $376k against liabilities of $0, net assets of $376k.