Museum of South Texas History

Analysis

Museum of South Texas History is a registered charity in United States, based in Edinburg, TX. It received its IRS tax-exemption ruling in February 1971, 55 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, Museum of South Texas History reported income of $2.1m and spending of $2.3m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $2.1m (-3.0%), an average of -0.8% a year. The sharpest change came in the year to December 2021, when income rose by 80%. Over the whole period it spent 98% 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 of South Texas History sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Traverse Symphony Orchestra ($2.1m), Holocaust Memorial Committee Inc ($2.1m) and Artists Repertory Theatre ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $253k (11% of expenses). Other salaries and wages came to $789k. At year end it held assets of $12.1m against liabilities of $193k, net assets of $11.9m. It reported 51 employees.