Charity Search / INTERNATIONAL AFRICAN AMERICAN MUSEUM
Arts, Culture & Humanities (A50) 990 on File

INTERNATIONAL AFRICAN AMERICAN MUSEUM

EIN: 20-3398254 · CHARLESTON, SC 29401-1596 · United States · FY 2024 Data
3 out of 5 47 / 100 Based on 2+ years of filings
Financial strength (30%) 66/100
Reliability (20%) 50/100
Effectiveness (25%) 68/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2024
$11.2M
Total Revenue
$12.0M
Total Expenses
$54.1M
Net Assets
69
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 58.6%
Fundraising Efficiency 2753.1%
Operating Reserve 53.93x
Liability-to-Asset 26.5%
Revenue Diversification 72.5%
Executive Compensation $604K
Compared with Peers
FY 2024
Compared with 433 similar organizations (United States, Arts, Culture & Humanities, $10M–$100M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
58.6% 79.7%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
22.8% 13.2%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
18.6% 5.9%
P10P90
Bottom quarter
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
2753.1% 812.3%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
53.9 mo 29.3 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
26.5% 12.3%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
72.5% 67.9%
P10P90
Below median
Revenue growth
Year over year revenue growth
50.6% 7.9%
P10P90
Expense growth
Year over year expense growth
-14.4% 7.2%
P10P90
Surplus margin
Surplus as a share of revenue
-7.9% 2.0%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $11.2M $12.0M $54.1M 58.6% 69
2023 $7.4M $14.1M $55.0M 26.6% 122
2022 $11.9M $19.1M $61.6M 20.0% 35
2021 $29.7M $6.0M N/A — 24
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Organization Details
EIN
20-3398254
State
SC
City
CHARLESTON
ZIP
29401-1596
Classification
A50
Category
Arts, Culture & Humanities
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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