Putnam County Museum Inc

Analysis

Putnam County Museum Inc is a registered charity in United States, based in Greencastle, IN. It received its IRS tax-exemption ruling in June 2003, 23 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, Putnam County Museum Inc reported income of $274k and spending of $264k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $193k to $274k (+42%), an average of +9.1% a year. The sharpest change came in the year to December 2020, when income rose by 23%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Putnam County Museum Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within IN. Charities of a similar size with the same main cause include National Multicultural Western Heritage Museum ($274k), Evn News Foundation ($274k) and Music for Youth of Arlington Heights ($274k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. Other salaries and wages came to $104k. At year end it held assets of $970k against liabilities of $418k, net assets of $551k. It reported 4 employees.