The Sanibel Historical Museum and Village Inc

Analysis

The Sanibel Historical Museum and Village Inc is a registered charity in United States, based in Sanibel, FL. It received its IRS tax-exemption ruling in November 2007, 19 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 September 2022, The Sanibel Historical Museum and Village Inc reported income of $462k and spending of $349k, leaving 24% of income unspent that year. Across the 4 years on record, from September 2019 to September 2022, income grew from $332k to $462k (+39%), an average of +12% a year. The sharpest change came in the year to September 2022, when income rose by 110%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Sanibel Historical Museum and Village Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include Triangle Youth Ballet ($461k), Phoenix Chamber Music Society ($462k) and Wisdom Age Metaverse ($461k).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 72% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $66k (19% of expenses). Other salaries and wages came to $70k. At year end it held assets of $844k against liabilities of $9,479, net assets of $834k. It reported 7 employees.