Burritt Museum Foundation Inc

Analysis

Burritt Museum Foundation Inc is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in April 2009, 17 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Burritt Museum Foundation Inc reported income of $81k and spending of $21k, leaving 74% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $12k to $81k (+568%), an average of +61% a year. The sharpest change came in the year to September 2021, when income rose by 629%. Over the whole period it spent 63% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Burritt Museum Foundation Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within AL. Charities of a similar size with the same main cause include The Jaques Art Center ($81k), Peter Foley Music Project Inc ($81k) and Fountain Inn High School Band of Fury Booster Club ($81k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $826k against liabilities of $0, net assets of $826k.