William E Swigart Jr Automobile Museum

Analysis

William E Swigart Jr Automobile Museum is a registered charity in United States, based in Huntingdon, PA. It received its IRS tax-exemption ruling in January 2000, 26 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, William E Swigart Jr Automobile Museum reported income of $100k and spending of $139k, spending 139% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $132k to $100k (-24%), an average of -6.7% a year. The sharpest change came in the year to December 2022, when income dropped by 49%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, William E Swigart Jr Automobile Museum sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within PA. Charities of a similar size with the same main cause include Denmark Arts Center ($100k), Festival of Cinema Inc ($100k) and Inwave ($100k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 18% of the total. Other salaries and wages came to $58k. At year end it held assets of $5.3m against liabilities of $430k, net assets of $4.9m. It reported 10 employees.