Museum Trustee Association

Analysis

Museum Trustee Association is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in September 1986, 40 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, Museum Trustee Association reported income of $366k and spending of $369k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $334k to $366k (+9.5%), an average of +2.3% a year. The sharpest change came in the year to December 2022, when income rose by 46%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Museum Trustee Association sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within MD. Charities of a similar size with the same main cause include Capital City Theatre ($366k), H B Playwrights Foundation Inc ($366k) and Danceast Collective ($366k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $186k (50% of expenses). At year end it held assets of $281k against liabilities of $8,058, net assets of $273k. It reported 2 employees.