John F Peto Studio Museum

Analysis

John F Peto Studio Museum is a registered charity in United States, based in Island HGTS, NJ. It received its IRS tax-exemption ruling in November 2010, 16 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, John F Peto Studio Museum reported income of $264k and spending of $149k, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $317k to $264k (-17%), an average of -4.5% a year. The sharpest change came in the year to December 2020, when income rose by 153%. Over the whole period it spent 29% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, John F Peto Studio Museum sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 66th percentile within NJ. Charities of a similar size with the same main cause include Buena Vista Museum of Natural History Inc ($264k), Green Card Voices ($264k) and Colorado Celebration of African-American Arts and Culture ($264k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 3.0% of the total. Other salaries and wages came to $37k. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m. It reported 2 employees.