Friends of the Danbury Museum & Historical Society Authority Inc

Analysis

Friends of the Danbury Museum & Historical Society Authority Inc is a registered charity in United States, based in Danbury, CT. It received its IRS tax-exemption ruling in June 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Friends of the Danbury Museum & Historical Society Authority Inc reported income of $127k and spending of $125k, spending 99% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $124k to $127k (+2.7%), an average of +1.3% a year. The sharpest change came in the year to June 2024, when income rose by 80%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of the Danbury Museum & Historical Society Authority Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within CT. Charities of a similar size with the same main cause include International Mermaid Museum ($127k), Edge Zones Inc ($127k) and Milan Historical Museum ($127k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 88% of the total. At year end it held assets of $54k against liabilities of $40k, net assets of $15k.