Tomaquag Indian Memorial Museum the

Analysis

Tomaquag Indian Memorial Museum the is a registered charity in United States, based in Exeter, RI. It received its IRS tax-exemption ruling in June 1978, 48 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, Tomaquag Indian Memorial Museum the reported income of $1.8m and spending of $1.0m, leaving 43% of income unspent that year. Across the 6 years on record, from June 2019 to December 2023, income grew from $220k to $1.8m (+737%), an average of +53% a year. The sharpest change came in the year to June 2021, when income rose by 137%. Over the whole period it spent 39% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tomaquag Indian Memorial Museum the sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within RI. Charities of a similar size with the same main cause include Kansas Childrens Discovery Center Inc ($1.8m), RPM Nautical Foundation ($1.8m) and Jewish Story Partners ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $89k (8.5% of expenses). Other salaries and wages came to $472k. At year end it held assets of $4.6m against liabilities of $118k, net assets of $4.4m. It reported 17 employees.