Friends of the Mansfield Female College Museum Inc

Analysis

Friends of the Mansfield Female College Museum Inc is a registered charity in United States, based in Mansfield, LA. It received its IRS tax-exemption ruling in December 2008, 18 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, Friends of the Mansfield Female College Museum Inc reported income of $147k and spending of $130k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $57k to $147k (+157%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 251%. Over the whole period it spent 131% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of the Mansfield Female College Museum Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within LA. Charities of a similar size with the same main cause include Newark Symphony Orchestra Inc ($147k), December Publishing Inc ($147k) and Tai Village Inc ($147k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $11k (8.3% of expenses). At year end it held assets of $49k against liabilities of $0, net assets of $49k.