Pioneer Oil Museum of New York Inc

Analysis

Pioneer Oil Museum of New York Inc is a registered charity in United States, based in Bolivar, NY. It received its IRS tax-exemption ruling in August 1965, 61 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 2023, Pioneer Oil Museum of New York Inc reported income of $104k and spending of $50k, leaving 52% of income unspent that year. Across the 4 years on record, from September 2020 to September 2023, income fell from $350k to $104k (-70%), an average of -33% a year. The sharpest change came in the year to September 2021, when income dropped by 87%. Over the whole period it spent 32% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pioneer Oil Museum of New York Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Turkisianian American Association ($104k), Rodney Washington ($104k) and Arkansas Broadcasting Foundation ($104k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $818k against liabilities of $200, net assets of $818k.