Museum of Appalachia

Analysis

Museum of Appalachia is a registered charity in United States, based in Clinton, TN. It received its IRS tax-exemption ruling in January 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, Museum of Appalachia reported income of $951k and spending of $935k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $672k to $951k (+41%), an average of +9.1% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Museum of Appalachia sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within TN. Charities of a similar size with the same main cause include Palm Beach Photographic Centre Inc ($951k), Friends of the Bohm Theatre ($951k) and NC History Center on the Civil War Emancipation & Reconstruction ($951k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $74k (7.9% of expenses). Other salaries and wages came to $407k. At year end it held assets of $4.6m against liabilities of $753k, net assets of $3.9m. It reported 56 employees.