Trenton Museum Society

Analysis

Trenton Museum Society is a registered charity in United States, based in Trenton, NJ. It received its IRS tax-exemption ruling in September 1977, 49 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 June 2023, Trenton Museum Society reported income of $97k and spending of $91k, spending 93% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $153k to $97k (-37%), an average of -36% a year. The sharpest change came in the year to June 2023, when income dropped by 37%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Trenton Museum Society sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 44th percentile within NJ. Charities of a similar size with the same main cause include Oconee Community Theater Inc ($97k), Rethink the Conversation Ltd ($97k) and Hiilani O Ke Kai Outrigger and Cultural Center ($97k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 27% of the total. At year end it held assets of $403k against liabilities of $4,179, net assets of $399k.