Door County Maritime Museum & Lighthouse Preservation Society in

Analysis

Door County Maritime Museum & Lighthouse Preservation Society in is a registered charity in United States, based in Sturgeon Bay, WI. It received its IRS tax-exemption ruling in February 1970, 56 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, Door County Maritime Museum & Lighthouse Preservation Society in reported income of $2.9m and spending of $2.0m, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $2.9m (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2021, when income rose by 109%. Over the whole period it spent 54% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Door County Maritime Museum & Lighthouse Preservation Society in sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within WI. Charities of a similar size with the same main cause include National Little Britches Rodeo ($2.9m), Northern Minnesota Public Television ($2.9m) and Kenyon Review ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $110k (5.5% of expenses). Other salaries and wages came to $633k. At year end it held assets of $13.1m against liabilities of $494k, net assets of $12.6m. It reported 36 employees.