Susquehanna Museum of Havre de Grace Inc

Analysis

Susquehanna Museum of Havre de Grace Inc is a registered charity in United States, based in Havre de Grace, MD. It received its IRS tax-exemption ruling in February 1992, 34 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, Susquehanna Museum of Havre de Grace Inc reported income of $100k and spending of $91k, spending 92% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $184k to $100k (-46%), an average of -26% a year. The sharpest change came in the year to December 2022, when income dropped by 38%. Over the whole period it spent 65% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Susquehanna Museum of Havre de Grace Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 38th percentile within MD. Charities of a similar size with the same main cause include Country Dance and Song Society Inc ($100k), All Strings Attached ($100k) and Seward County Historical Society ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 0.7% of the total. At year end it held assets of $499k against liabilities of $2,534, net assets of $497k.