Williamstown Historical Museum

Analysis

Williamstown Historical Museum is a registered charity in United States, based in Williamstown, MA. It received its IRS tax-exemption ruling in May 1954, 72 years ago. 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, Williamstown Historical Museum reported income of $58k and spending of $48k, spending 82% of its income. Across the 3 years on record, from December 2020 to December 2023, income fell from $212k to $58k (-73%), an average of -48% a year. The sharpest change came in the year to December 2022, when income dropped by 60%. Over the whole period it spent 36% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Williamstown Historical Museum sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 31st percentile within MA. Charities of a similar size with the same main cause include Friends of the Pittsford Community Library Inc ($58k), Boy Scouts of America ($58k) and Foundation for Continuing Education Inc ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $438k against liabilities of $2,131, net assets of $436k.