Tioga Point Museum Assn

Analysis

Tioga Point Museum Assn is a registered charity in United States, based in Athens, PA. It received its IRS tax-exemption ruling in September 1941, 85 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, Tioga Point Museum Assn reported income of $50k and spending of $28k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $66k to $50k (-24%), an average of -6.7% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 42% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tioga Point Museum Assn sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within PA. Charities of a similar size with the same main cause include Korean Cultural Center ($50k), American Friends of the National Ballet of Canada Inc ($50k) and Monroe Cultural & Heritage Museum Inc ($50k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% of the total. Other salaries and wages came to $8,865. At year end it held assets of $720k against liabilities of $0, net assets of $720k. It reported 1 employees.