Living Bible Museum Inc

Analysis

Living Bible Museum Inc is a registered charity in United States, based in Mansfield, OH. It received its IRS tax-exemption ruling in March 1994, 32 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Living Bible Museum Inc reported income of $123k and spending of $197k, spending 160% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $115k to $123k (+6.5%), an average of +1.6% a year. The sharpest change came in the year to December 2020, when income dropped by 40%. Over the whole period it spent 180% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Living Bible Museum Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 43rd percentile within OH. Charities of a similar size with the same main cause include Swamp Fox Players Inc ($123k), Parallel Exit Inc ($123k) and Operatunity Theatre ($123k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $11k (5.6% of expenses). Other salaries and wages came to $32k. At year end it held assets of $14k against liabilities of $1.5m, net assets of -$1.5m. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.