Southampton History Museum

Analysis

Southampton History Museum is a registered charity in United States, based in Southampton, NY. It received its IRS tax-exemption ruling in December 1994, 32 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Southampton History Museum reported income of $781k and spending of $667k, spending 85% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $604k to $781k (+29%), an average of +5.3% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southampton History Museum sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include United Way of the Greater Ft Hood Area ($781k), Theodore Roosevelt Inaugural Site Foundation ($781k) and Nonprofit Financial Services of San Antonio ($781k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $88k (13% of expenses). Other salaries and wages came to $255k. At year end it held assets of $4.4m against liabilities of $4,360, net assets of $4.4m. It reported 8 employees.