Mount Pleasant Discovery Museum

Analysis

Mount Pleasant Discovery Museum is a registered charity in United States, based in Mt Pleasant, MI. It received its IRS tax-exemption ruling in July 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 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, Mount Pleasant Discovery Museum reported income of $642k and spending of $602k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $523k to $642k (+23%), an average of +5.2% a year. The sharpest change came in the year to December 2021, when income rose by 52%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mount Pleasant Discovery Museum sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MI. Charities of a similar size with the same main cause include Boston City Singers Inc ($642k), Capital District Celtic Cultural Association ($642k) and Camp Ritchie Museum Inc ($642k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 57% of the total. Other salaries and wages came to $319k. At year end it held assets of $2.1m against liabilities of $20k, net assets of $2.0m. It reported 31 employees.