William Augustus Bowles Museum Andhistorical Foundation Inc

Analysis

William Augustus Bowles Museum Andhistorical Foundation Inc is a registered charity in United States, based in Ft Walton BCH, FL. It received its IRS tax-exemption ruling in October 2007, 19 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, William Augustus Bowles Museum Andhistorical Foundation Inc reported income of $116k and spending of $80k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $71k to $116k (+64%), an average of +64% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 85% 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 Augustus Bowles Museum Andhistorical Foundation Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 44th percentile within FL. Charities of a similar size with the same main cause include Sioux City Community Theater ($116k), New Orleans Friends of Music ($116k) and Cape Cod Writers Center Inc ($116k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $482k against liabilities of $215k, net assets of $267k.