Monroe Cultural & Heritage Museum Inc

Analysis

Monroe Cultural & Heritage Museum Inc is a registered charity in United States, based in Monroe, GA. It received its IRS tax-exemption ruling in July 2014, 12 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, Monroe Cultural & Heritage Museum Inc reported income of $50k and spending of $38k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $47k to $50k (+6.1%), an average of +6.1% a year. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Monroe Cultural & Heritage Museum Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 20th percentile within GA. Charities of a similar size with the same main cause include Grand Rapids Players Inc ($50k), Korean Cultural Center ($50k) and Pacific Trails Middle School Music Foundation ($50k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $128k against liabilities of $0, net assets of $128k.