Museum of Newport Irish History Inc

Analysis

Museum of Newport Irish History Inc is a registered charity in United States, based in Newport, RI. It received its IRS tax-exemption ruling in February 1998, 28 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 March 2024, Museum of Newport Irish History Inc reported income of $72k and spending of $57k, leaving 22% of income unspent that year. Across the 2 years on record, from March 2023 to March 2024, income grew from $66k to $72k (+9.5%), an average of +9.5% a year. Over the whole period it spent 73% 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 Newport Irish History Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 24th percentile within RI. Charities of a similar size with the same main cause include Antique Steam and Gas Engine Club Inc ($72k), Rhode Island State Police Museum Foundation Inc ($72k) and Cape Fear Bird Observatory Inc ($72k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 55% of the total. At year end it held assets of $137k against liabilities of $1,556, net assets of $135k.