The Museum Store Association Inc

Analysis

The Museum Store Association Inc is a registered charity in United States, based in Greenwood VLG, CO. It received its IRS tax-exemption ruling in October 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 December 2022, The Museum Store Association Inc reported income of $844k and spending of $805k, spending 95% of its income. Across the 5 years on record, from December 2018 to December 2022, income fell from $1.1m to $844k (-24%), an average of -6.7% a year. The sharpest change came in the year to December 2021, when income rose by 91%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Museum Store Association Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within CO. Charities of a similar size with the same main cause include The Beaumont Childrens Museum ($844k), Organization of American Kodaly Educators Inc ($844k) and Marblehead Museum & Historical Society Inc ($843k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 0.3% and program service revenue 98% of the total. At year end it held assets of $464k against liabilities of $259k, net assets of $204k.