Mississippi Gulf Coast Model Railroad Club Museum & Education D

Analysis

Mississippi Gulf Coast Model Railroad Club Museum & Education D is a registered charity in United States, based in Gulfport, MS. It received its IRS tax-exemption ruling in May 2015, 11 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, Mississippi Gulf Coast Model Railroad Club Museum & Education D reported income of $7.7m and spending of $1.7m, leaving 79% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $349k to $7.7m (+2120%), an average of +117% a year. The sharpest change came in the year to December 2023, when income rose by 392%. Over the whole period it spent 31% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mississippi Gulf Coast Model Railroad Club Museum & Education D sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within MS. Charities of a similar size with the same main cause include Glimmerglass Opera Theatre Inc ($7.7m), Nantucket Historical Association ($7.7m) and The 74 Media Inc ($7.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 147% and program service revenue 5.9% of the total. Other salaries and wages came to $487k. At year end it held assets of $9.1m against liabilities of $976k, net assets of $8.1m. It reported 46 employees.