Hammond Museum Inc

Analysis

Hammond Museum Inc is a registered charity in United States, based in North Salem, NY. It received its IRS tax-exemption ruling in October 1963, 63 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, Hammond Museum Inc reported income of $306k and spending of $260k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $200k to $306k (+54%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 124%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hammond Museum Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include The Roebling Main Gate Museum ($306k), Coalition for Good Governance ($306k) and Creative Nomads Ltd ($306k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 26% of the total. At year end it held assets of $659k against liabilities of $128k, net assets of $531k.