Culpeper Cavalry Museum Inc

Analysis

Culpeper Cavalry Museum Inc is a registered charity in United States, based in Culpeper, VA. It received its IRS tax-exemption ruling in November 1977, 49 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 June 2024, Culpeper Cavalry Museum Inc reported income of $169k and spending of $155k, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $236k to $169k (-29%), an average of -8.1% a year. The sharpest change came in the year to June 2023, when income dropped by 32%. Over the whole period it spent 63% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Culpeper Cavalry Museum Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 49th percentile within VA. Charities of a similar size with the same main cause include Remix -- Culture Inc ($169k), Origins Performing Arts Inc ($169k) and Beatrix Farrand Society ($169k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 45% and program service revenue 17% of the total. Other salaries and wages came to $103k. At year end it held assets of $1.5m against liabilities of $1,742, net assets of $1.5m. It reported 7 employees.