James M Stewart Museum Foundation

Analysis

James M Stewart Museum Foundation is a registered charity in United States, based in Indiana, PA. It received its IRS tax-exemption ruling in March 1994, 32 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 December 2023, James M Stewart Museum Foundation reported income of $159k and spending of $164k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $119k to $159k (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2020, when income rose by 51%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, James M Stewart Museum Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within PA. Charities of a similar size with the same main cause include Washington County Historical Society Inc ($159k), North Jersey School Music Association Inc ($159k) and Photographic Art & Science Foundation Incorporated ($159k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $64k (39% of expenses). Other salaries and wages came to $38k. At year end it held assets of $491k against liabilities of $4,638, net assets of $486k. It reported 6 employees.