Rawls Museum Arts Inc

Analysis

Rawls Museum Arts Inc is a registered charity in United States, based in Courtland, VA. It received its IRS tax-exemption ruling in May 1991, 35 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, Rawls Museum Arts Inc reported income of $143k and spending of $123k, spending 86% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $114k to $143k (+26%), an average of +6.0% a year. The sharpest change came in the year to June 2024, when income rose by 58%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rawls Museum Arts Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within VA. Charities of a similar size with the same main cause include Chowan Arts Council ($143k), Wallowa History Center Inc ($143k) and American Gothic Performing Arts ($143k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% and program service revenue 4.5% of the total. Other salaries and wages came to $43k. At year end it held assets of $280k against liabilities of $1,611, net assets of $279k. It reported 6 employees.