Southeast Musuem Association Inc

Analysis

Southeast Musuem Association Inc is a registered charity in United States, based in Brewster, NY. It received its IRS tax-exemption ruling in March 1967, 59 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, Southeast Musuem Association Inc reported income of $69k and spending of $32k, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $79k to $69k (-13%), an average of -3.3% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Southeast Musuem Association Inc sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Mifflinburg Buggy Museum Assoc Inc ($69k), Changing Faces Theater Company ($69k) and Asm International ($69k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $8,167. At year end it held assets of $168k against liabilities of $1,340, net assets of $167k. It reported 1 employees.