Amesbury Carriage Musuem Inc

Analysis

Amesbury Carriage Musuem Inc is a registered charity in United States, based in Amesbury, MA. It received its IRS tax-exemption ruling in November 1990, 36 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 2022, Amesbury Carriage Musuem Inc reported income of $142k and spending of $197k, spending 139% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $361k to $142k (-61%), an average of -27% a year. The sharpest change came in the year to December 2022, when income dropped by 79%. Over the whole period it spent 35% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Amesbury Carriage Musuem Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 51st percentile within MA. Charities of a similar size with the same main cause include John E Lawrence Commuity Entertainment ($142k), Affton Historical Society ($142k) and Imabrightkid Foundation ($142k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 92% and program service revenue 4.9% of the total. Compensation of current officers, directors and key employees was $34k (17% of expenses). At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 7 employees.