Friends of the Museum

Analysis

Friends of the Museum is a registered charity in United States, based in Coshocton, OH. It received its IRS tax-exemption ruling in January 1991, 35 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 August 2023, Friends of the Museum reported income of $60k and spending of $68k, spending 113% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income grew from $54k to $60k (+10%), an average of +10% a year. Over the whole period it spent 108% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Friends of the Museum sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 24th percentile within OH. Charities of a similar size with the same main cause include Nathalie & Theodore Jones Char TR Fbo Civil Liberties Union of Ma ($60k), Raiseup Foundation Inc ($60k) and Friends for Michael Inc ($60k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 6.9% and program service revenue 51% of the total. At year end it held assets of $51k against liabilities of $0, net assets of $51k.