Depace Museum Library and Learning Center Inc

Analysis

Depace Museum Library and Learning Center Inc is a registered charity in United States, based in Haddonfield, NJ. It received its IRS tax-exemption ruling in October 2013, 13 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, Depace Museum Library and Learning Center Inc reported income of $66k and spending of $27k, leaving 59% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $66k (-96%), an average of -54% a year. The sharpest change came in the year to December 2021, when income rose by 178%. Over the whole period it spent 17% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Depace Museum Library and Learning Center Inc 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 26th percentile, and in the 33rd percentile within NJ. Charities of a similar size with the same main cause include Galaxy Arts MV Inc ($66k), Smith Street Stage Inc ($66k) and Willamette Valley Symphony ($66k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 125% of the total. At year end it held assets of $582k against liabilities of $0, net assets of $582k.