H Lee White Maritime Museum at Oswego

Analysis

H Lee White Maritime Museum at Oswego is a registered charity in United States, based in Oswego, NY. It received its IRS tax-exemption ruling in March 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 April 2024, H Lee White Maritime Museum at Oswego reported income of $284k and spending of $301k, spending 106% of what it took in. Across the 5 years on record, from April 2020 to April 2024, income grew from $211k to $284k (+34%), an average of +7.7% a year. The sharpest change came in the year to April 2023, when income rose by 33%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, H Lee White Maritime Museum at Oswego sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Joshua Tree Foundation for Arts & Ecology ($284k), Window on a Wider World ($284k) and Chicago Tap Theatre NFP ($284k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 78% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $53k (17% of expenses). Other salaries and wages came to $108k. At year end it held assets of $475k against liabilities of $58k, net assets of $417k. It reported 8 employees.