North Museum Corporation

Analysis

North Museum Corporation is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in August 1993, 33 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 June 2023, North Museum Corporation reported income of $844k and spending of $1.2m, spending 136% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $830k to $844k (+1.7%), an average of +0.4% a year. The sharpest change came in the year to June 2021, when income rose by 51%. Over the whole period it spent 150% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, North Museum Corporation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within PA. Charities of a similar size with the same main cause include Organization of American Kodaly Educators Inc ($844k), Yellow Barn Inc ($844k) and The Museum Store Association Inc ($844k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 23% of the total. Other salaries and wages came to $526k. At year end it held assets of $3.1m against liabilities of $234k, net assets of $2.8m. It reported 33 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.