Iberville Museum Association Inc

Analysis

Iberville Museum Association Inc is a registered charity in United States, based in Plaquemine, LA. It received its IRS tax-exemption ruling in March 2022, 4 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, Iberville Museum Association Inc reported income of $160k and spending of $86k, leaving 46% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $160k (+164%), an average of +164% a year. The sharpest change came in the year to December 2023, when income rose by 164%. Over the whole period it spent 59% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Iberville Museum Association Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within LA. Charities of a similar size with the same main cause include Leesburg Art Festival Inc ($160k), Historic Beverly Preservation Inc ($160k) and Alpha Omega 1-7 Theatrical Dance ($159k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 0.1% of the total. At year end it held assets of $253k against liabilities of $0, net assets of $253k.