Associate Members of Old Mill Village Museum Inc

Analysis

Associate Members of Old Mill Village Museum Inc is a registered charity in United States, based in New Milford, PA. It received its IRS tax-exemption ruling in December 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, Associate Members of Old Mill Village Museum Inc reported income of $74k and spending of $81k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $164k to $74k (-55%), an average of -55% a year. The sharpest change came in the year to December 2023, when income dropped by 55%. Over the whole period it spent 60% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Associate Members of Old Mill Village Museum Inc sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within PA. Charities of a similar size with the same main cause include Artemisia Foundation ($74k), Joy of Giving ($74k) and Princeton Band Boosters Inc ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 9.9% of the total. At year end it held assets of $457k against liabilities of $48, net assets of $457k.