Spokane Valley Heritage Museum

Analysis

Spokane Valley Heritage Museum is a registered charity in United States, based in Spokane Vly, WA. It received its IRS tax-exemption ruling in December 2003, 23 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, Spokane Valley Heritage Museum reported income of $66k and spending of $85k, spending 128% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $98k to $66k (-32%), an average of -12% a year. The sharpest change came in the year to December 2023, when income dropped by 46%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Spokane Valley Heritage Museum sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 21st percentile within WA. Charities of a similar size with the same main cause include Guild Opera Company Inc ($66k), Vermillion Players Inc ($66k) and Greater Litchfield Opera House Association Incorporated ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $357k against liabilities of $0, net assets of $357k.