National Liberty Ship Memorial Inc

Analysis

National Liberty Ship Memorial Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 1978, 48 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, National Liberty Ship Memorial Inc reported income of $1.4m and spending of $2.1m, spending 157% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.4m (+18%), an average of +4.1% a year. The sharpest change came in the year to December 2022, when income rose by 31%. Over the whole period it spent 98% 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 Liberty Ship Memorial Inc sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Landmark Society of Western New York Inc ($1.4m), Musicopia Inc ($1.4m) and Bluefield Arts and Revitalization Corporation ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $88k (4.1% of expenses). Other salaries and wages came to $297k. At year end it held assets of $583k against liabilities of $0, net assets of $583k. It reported 8 employees.