Berkshire Scenic Railway Museum Inc

Analysis

Berkshire Scenic Railway Museum Inc is a registered charity in United States, based in Lenox, MA. It received its IRS tax-exemption ruling in October 1984, 42 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 December 2023, Berkshire Scenic Railway Museum Inc reported income of $717k and spending of $266k, leaving 63% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $190k to $717k (+278%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 157%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Berkshire Scenic Railway Museum Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MA. Charities of a similar size with the same main cause include Spokane Symphony Orchestraendowment Fund ($717k), Deaf West Theatre Company Inc ($717k) and Asante Art Institute of Indianapolis Inc ($717k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 29% of the total. At year end it held assets of $1.7m against liabilities of $178k, net assets of $1.5m.