Schiele Museum of Natural History and Planetarium Inc

Analysis

Schiele Museum of Natural History and Planetarium Inc is a registered charity in United States, based in Gastonia, NC. It received its IRS tax-exemption ruling in July 1961, 65 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, Schiele Museum of Natural History and Planetarium Inc reported income of $1.3m and spending of $1.6m, spending 120% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income grew from $1.3m to $1.3m (+3.9%), an average of +1.0% a year. The sharpest change came in the year to June 2022, when income rose by 50%. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Schiele Museum of Natural History and Planetarium Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within NC. Charities of a similar size with the same main cause include Indigo Arts Alliance ($1.3m), Awaiaulu Inc ($1.3m) and Texas Art Education Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% and program service revenue 46% of the total. Other salaries and wages came to $734k. At year end it held assets of $3.7m against liabilities of $163k, net assets of $3.5m. It reported 47 employees.