Millards Crossing Historic Village Inc

Analysis

Millards Crossing Historic Village Inc is a registered charity in United States, based in Nacogdoches, TX. It received its IRS tax-exemption ruling in January 2005, 21 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, Millards Crossing Historic Village Inc reported income of $654k and spending of $161k, leaving 75% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $307k to $654k (+113%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 111%. Over the whole period it spent 34% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Millards Crossing Historic Village Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Marine Mammals of Maine ($654k), Traverse City Film Festival ($654k) and St Petersburg Warehouse Arts District Inc ($654k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 17% of the total. Other salaries and wages came to $78k. At year end it held assets of $1.7m against liabilities of $6,533, net assets of $1.7m. It reported 6 employees.