Small Museum Association Inc

Analysis

Small Museum Association Inc is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in December 1997, 29 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, Small Museum Association Inc reported income of $63k and spending of $101k, spending 161% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $44k to $63k (+42%), an average of +42% a year. The sharpest change came in the year to June 2023, when income rose by 42%. Over the whole period it spent 143% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Small Museum Association Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within MD. Charities of a similar size with the same main cause include The Waccamaw Arts and Crafts Guild Inc ($63k), Community Concert Association of Knox County ($63k) and Northview Education Foundation ($63k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 1.7% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.