Havre de Grace Decoy Museum Inc

Analysis

Havre de Grace Decoy Museum Inc is a registered charity in United States, based in Hvre de Grace, MD. It received its IRS tax-exemption ruling in May 1989, 37 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, Havre de Grace Decoy Museum Inc reported income of $334k and spending of $373k, spending 112% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $284k to $334k (+17%), an average of +3.3% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Havre de Grace Decoy Museum Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within MD. Charities of a similar size with the same main cause include India Temple Association Cultural Center Inc ($334k), Los Angeles Theatresports Inc ($334k) and Center for Urban Exellence ($333k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 67% and program service revenue 9.5% of the total. Other salaries and wages came to $164k. At year end it held assets of $1.3m against liabilities of $45k, net assets of $1.2m. It reported 11 employees.