Seward House Museum

Analysis

Seward House Museum is a registered charity in United States, based in Auburn, NY. It received its IRS tax-exemption ruling in September 2008, 18 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, Seward House Museum reported income of $1.1m and spending of $1.4m, spending 120% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $773k to $1.1m (+48%), an average of +8.1% a year. The sharpest change came in the year to December 2021, when income rose by 2299%. Over the whole period it spent 34% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Seward House Museum sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Paso Robles Pioneer Day Committee ($1.1m), Actors Express Inc ($1.1m) and Arizona Humanities Council ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 8.3% of the total. Compensation of current officers, directors and key employees was $102k (7.4% of expenses). Other salaries and wages came to $292k. At year end it held assets of $14.8m against liabilities of $204k, net assets of $14.6m. It reported 8 employees.