Shelburne Museum Incorporated

Analysis

Shelburne Museum Incorporated is a registered charity in United States, based in Shelburne, VT. It received its IRS tax-exemption ruling in July 1949, 77 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 March 2023, Shelburne Museum Incorporated reported income of $6.9m and spending of $7.9m, spending 115% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income grew from $1.4m to $6.9m (+381%), an average of +48% a year. The sharpest change came in the year to March 2020, when income rose by 287%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Shelburne Museum Incorporated sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within VT. Charities of a similar size with the same main cause include Biogenerator ($6.9m), National Building Museum ($6.9m) and Albertine Foundation ($6.9m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 64% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $426k (5.4% of expenses). Other salaries and wages came to $3.3m. It paid $32k in professional fundraising fees. At year end it held assets of $52.3m against liabilities of $1.6m, net assets of $50.7m. It reported 153 employees.