Bremen Textile and Railroad Musuem Inc

Analysis

Bremen Textile and Railroad Musuem Inc is a registered charity in United States, based in Bremen, GA. It received its IRS tax-exemption ruling in September 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 December 2023, Bremen Textile and Railroad Musuem Inc reported income of $116k and spending of $95k, spending 82% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $129k to $116k (-9.9%), an average of -5.1% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 62% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bremen Textile and Railroad Musuem Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within GA. Charities of a similar size with the same main cause include Dougherty Valley High School DVHS Music Boosters ($116k), Teralta Art ($116k) and Waupaca Historial Society Inc ($116k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $512k against liabilities of $78k, net assets of $435k.