The Griffin Museum of Photography Inc

Analysis

The Griffin Museum of Photography Inc is a registered charity in United States, based in Winchester, MA. It received its IRS tax-exemption ruling in May 2000, 26 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 May 2023, The Griffin Museum of Photography Inc reported income of $416k and spending of $541k, spending 130% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $305k to $416k (+36%), an average of +8.0% a year. The sharpest change came in the year to May 2021, when income rose by 71%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Griffin Museum of Photography Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within MA. Charities of a similar size with the same main cause include Mendelssohn Club of Philadelphia ($416k), Sound Circle Center for Arts and Anthroposophy ($416k) and Treehouse Shakers Inc ($416k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 44% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $62k (11% of expenses). Other salaries and wages came to $106k. At year end it held assets of $1.1m against liabilities of $79k, net assets of $1.0m. It reported 11 employees.