MOTOWN HISTORICAL MUSEUM INC

DETROIT, MI, 48208-1237 (313) 875-2264 Est. 1985 EIN 38-2614561

A540— Arts, Culture & Humanities Form 990 501(c)(3)

WWW.MOTOWNMUSEUM.ORG

Mission

THE ORGANIZATION COLLECTS DOCUMENTS, OBJECTS, PICTURES, CLOTHING, AND ARTIFACTS WHICH DEPICT AND DEMONSTRATE THE HISTORY, AND PRESERVE THE LEGACY AND TRADITION, OF A MUSICAL ERA FOR DISPLAY TO THE PUBLIC.

Financials

Total Revenue

$9,466,587

Total Expenses

$5,574,203

Net Assets

$54,355,852

47 employees

From latest filing (tax period ending 2024-09-30)

Financial Health

Operating Reserve

9.8 years Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 33.6%

Expenses ↑ 18.8%

Revenue Sources

Contributions 60.2% Earned revenue 17.5% Investment 12.3% Other 10.0%

Expense Breakdown

Program 100.0%

Officers & Key Employees (13)

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Grants Received (37)

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Filing History (7 filings)

Year	Revenue	Expenses	Net Assets
2023 Form 990	$9,466,587 ↓	$5,574,203	$54,355,852
2022 Form 990	$10,021,056 ↑	$4,978,487	$45,963,708
2021 Form 990	$9,049,070 ↓	$3,277,767	$40,923,425
2020 Form 990	$14,838,936 ↑	$2,955,641	$35,152,167
2019 Form 990	$6,352,379 ↓	$2,786,211	$23,268,787
2018 Form 990	$11,699,512 ↑	$2,889,880	$19,702,752
2017 Form 990	$3,066,070	$2,743,111	$10,893,055