Muse 360 Incorporated

Analysis

Muse 360 Incorporated is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Muse 360 Incorporated reported income of $199k and spending of $181k, spending 91% of its income. Across the 5 years on record, from July 2020 to July 2024, income fell from $224k to $199k (-11%), an average of -2.9% a year. The sharpest change came in the year to July 2022, when income dropped by 30%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Muse 360 Incorporated sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within MD. Charities of a similar size with the same main cause include Orpheum Theatre of Galesburg Il NFP Inc ($199k), Nesin Cultural Arts Inc ($199k) and Touchet Valley Arts Council ($199k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 74% and program service revenue 26% of the total. At year end it held assets of $203k against liabilities of $9,090, net assets of $194k.