The Muses Inc

Analysis

The Muses Inc is a registered charity in United States, based in Hot Springs, AR. It received its IRS tax-exemption ruling in March 2010, 16 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 2022, The Muses Inc reported income of $311k and spending of $319k, spending 103% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $309k to $311k (+0.5%), an average of +0.2% a year. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Muses Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within AR. Charities of a similar size with the same main cause include Black Girls Dance ($311k), Denver Press Club ($311k) and Mvpa Historical Archives Inc ($311k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 80% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $56k (18% of expenses). Other salaries and wages came to $48k. At year end it held assets of $469k against liabilities of $0, net assets of $469k. It reported 2 employees.