Poquoson Historical and Cultural Museum Foundation

Analysis

Poquoson Historical and Cultural Museum Foundation is a registered charity in United States, based in Poquoson, VA. It received its IRS tax-exemption ruling in April 2003, 23 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Poquoson Historical and Cultural Museum Foundation reported income of $61k and spending of $37k, leaving 39% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income fell from $69k to $61k (-11%), an average of -2.9% a year. The sharpest change came in the year to October 2021, when income rose by 119%. Over the whole period it spent 50% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Poquoson Historical and Cultural Museum Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within VA. Charities of a similar size with the same main cause include Dartmouth Cultural Center Inc ($61k), Project Dontabhaktuni ($61k) and First Night Oneonta Inc ($61k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 104% of the total. At year end it held assets of $648k against liabilities of $59k, net assets of $589k.