Captain Avery Museum Inc

Analysis

Captain Avery Museum Inc is a registered charity in United States, based in Shady Side, MD. It received its IRS tax-exemption ruling in November 1985, 41 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 2023, Captain Avery Museum Inc reported income of $125k and spending of $183k, spending 147% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $166k to $125k (-25%), an average of -6.9% a year. The sharpest change came in the year to June 2023, when income rose by 30%. Over the whole period it spent 127% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Captain Avery Museum Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within MD. Charities of a similar size with the same main cause include East End African American Museum and Center for Excellence ($125k), Chao Chiu Association Inc ($125k) and Rochester Engineering Society Inc ($125k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $47k (25% of expenses). At year end it held assets of $600k against liabilities of $11k, net assets of $590k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.