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Greenville Museum of Art Inc

RegisteredEIN 56-0754646Greenville, NCArts, culture, heritage and science
Income$515k2024-06
Spending$419ksame year
Spent / received78%6-year average
Size in its cause77th pctArts, culture, heritage and science
Exempt since1958Publicly supported organisat
Employees9latest return

Analysis

Greenville Museum of Art Inc is a registered charity in United States, based in Greenville, NC. It received its IRS tax-exemption ruling in March 1958, 68 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, Greenville Museum of Art Inc reported income of $515k and spending of $419k, spending 81% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $390k to $515k (+32%), an average of +5.7% a year. The sharpest change came in the year to June 2020, when income rose by 68%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Greenville Museum of Art Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within NC. Charities of a similar size with the same main cause include Lindsay School of the Arts Inc ($515k), CTSB Corp ($515k) and Interurban Arthouse ($515k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 86% and program service revenue 15% of the total. Other salaries and wages came to $173k. At year end it held assets of $518k against liabilities of $1,010, net assets of $517k. It reported 9 employees.

Income and spending

$0$164k$328k$492k$656k2019 Income: $389,8622019 Spending: $353,47820192020 Income: $655,5522020 Spending: $298,61020202021 Income: $236,1312021 Spending: $268,12020212022 Income: $354,7542022 Spending: $331,53620222023 Income: $519,3152023 Spending: $404,70120232024 Income: $515,0622024 Spending: $419,3972024
IncomeSpending

Where the income comes from

  • Contributions & grants 85%
  • Program services 15%

Similar-sized charities, same cause

CharityLocationIncome
Lindsay School of the Arts IncFort Pierce$515k
CTSB CorpLee$515k
Interurban ArthouseOverland Park$515k
Cincinnati Preservation AssociationCincinnati$515k