Arts, Culture & Humanities
(A540)
IRS Verified
DX Registered
990 on File
MOTOWN HISTORICAL MUSEUM INC
Financial strength (30%)
70/100
Reliability (20%)
55/100
Effectiveness (25%)
85/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
To perserve, protect and present the Motown story through authentic, inspirational and educational experiences.
Financial Overview — FY 2024
$9.5M
Total Revenue
$5.6M
Total Expenses
$54.4M
Net Assets
47
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
100.0%
Fundraising Efficiency
0.0%
Operating Reserve
117.02x
Liability-to-Asset
2.4%
Revenue Diversification
60.2%
Compared with Peers
FY 2024
Compared with 3,450 similar organizations
(United States, Arts, Culture & Humanities, $1M–$10M 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
|
100.0% | 77.9% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
0.0% | 14.4% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 5.4% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 240.4% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
117.0 mo | 16.5 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
2.4% | 10.6% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
60.2% | 74.5% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-5.5% | 7.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
12.0% | 8.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
41.1% | -0.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $9.5M | $5.6M | $54.4M | 100.0% | 47 |
| 2023 | $10.0M | $5.0M | $46.0M | 54.1% | 47 |
| 2022 | $9.0M | $3.3M | $40.9M | 53.0% | 47 |
| 2021 | $14.8M | $3.0M | N/A | — | 47 |
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