Saint Albans Museum Inc

Analysis

Saint Albans Museum Inc is a registered charity in United States, based in Saint Albans, VT. It received its IRS tax-exemption ruling in December 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending November 2023, Saint Albans Museum Inc reported income of $250k and spending of $162k, leaving 35% of income unspent that year. Across the 5 years on record, from November 2019 to November 2023, income grew from $123k to $250k (+103%), an average of +19% a year. The sharpest change came in the year to November 2022, when income rose by 44%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Saint Albans Museum Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 49th percentile within VT. Charities of a similar size with the same main cause include Miami Black History Museum Inc ($250k), Muzik 3 Foundation Inc ($250k) and Museum of Relics Inc ($250k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 71% and program service revenue 5.6% of the total. Compensation of current officers, directors and key employees was $8,060 (5.0% of expenses). Other salaries and wages came to $44k. At year end it held assets of $772k against liabilities of $86k, net assets of $687k. It reported 3 employees.