Public Charity

INTERNATIONAL AFRICAN AMERICAN MUSEUM

INTERNATIONAL AFRICAN AMERICAN MUSEUM is a Public Charity headquartered in CHARLESTON, SC. Financial data from the 2024 filing: $11.2M revenue, $12.0M expenses, $73.5M total assets. 81 publicly reported grants to this organization, totaling roughly $14.3M, appear in IRS filings.

EIN: 203398254 CHARLESTON, SC Museums NTEE: A50 Latest filing: 2024
Total Revenue$11.2M
Total Expenses$12.0M
Total Assets$73.5M
Grant Records81
Funding Total$14.3M
Filing Years2020–2024

Mission

THE MISSION OF THE INTERNATIONAL AFRICAN AMERICAN MUSEUM (IAAM) IS TO HONOR THE UNTOLD STORIES OF THE AFRICAN AMERICAN JOURNEY AT ONE OF OUR COUNTRY'S MOST SACRED SITES. IAAM STEWARDS STORIES AND COLLECTIONS GROUNDED IN DIASPORIC, NATIONAL, AND SOUTH CAROLINA HISTORY TO SHARE IMPACT OF AFRICAN AMERICAN CULTURE AND HISTORY.

Where $100 goes at International African American Museum

How International African American Museum divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$39 Programs the work itself
$23 Management running the organization
$38 Fundraising raising the next dollar

Inside the $39 for programs

$22
The learning and engagement activities of the museum encompass curatorial and exhibition management, public education and programs management, and school group management
55% of program spending
$14
The facility operations activities of the museum manage facilities, gardens, security, and technology infrastructure
37% of program spending
$3
Museum operations manages revenue-generating departments, including the caf, retail, and event rentals, contributing to the museum's financial stability
8% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Anna Glass
DIRECTOR Bishop Claude Alexander
DIRECTOR Carolyn Murray
CHIEF FINANCIAL OFFICER Dianne Firment
DIRECTOR Dr David Goltra
DIRECTOR Dr Dwaun Warmack

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$12,724,543 61 grants
Arts & Culture
$1,132,100 15 grants
Education
$434,466 3 grants
Unspecified
$6,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $11.2M $12.0M $73.5M
2023 $7.4M $14.1M $73.6M
2022 $11.9M $19.1M $63.9M
2021 $29.7M $6.0M $69.9M
2020 $5.7M $5.1M $45.8M

Between 2020 and 2024, reported annual revenue grew from $5.7M to $11.2M (+95%), with total assets most recently reported at $73.5M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for INTERNATIONAL AFRICAN AMERICAN MUSEUM

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