Finger Lakes Cultural & Natural History Museum

Analysis

Finger Lakes Cultural & Natural History Museum is a registered charity in United States, based in Branchport, NY. It received its IRS tax-exemption ruling in November 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, Finger Lakes Cultural & Natural History Museum reported income of $4.4m and spending of $432k, leaving 90% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $396k to $4.4m (+1003%), an average of +82% a year. The sharpest change came in the year to December 2021, when income rose by 1556%. Over the whole period it spent 21% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Finger Lakes Cultural & Natural History Museum sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Playa ($4.4m), David Hochstein Memorial Music School Inc ($4.4m) and Black Economic Council of Massachusetts Inc ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 127% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $88k (20% of expenses). Other salaries and wages came to $150k. At year end it held assets of $10.4m against liabilities of $445k, net assets of $9.9m. It reported 7 employees.