Scottish Tartans Museum

Analysis

Scottish Tartans Museum is a registered charity in United States, based in Franklin, NC. It received its IRS tax-exemption ruling in September 1988, 38 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 December 2023, Scottish Tartans Museum reported income of $109k and spending of $114k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $94k to $109k (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2020, when income rose by 63%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Scottish Tartans Museum sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within NC. Charities of a similar size with the same main cause include Holiday Observers Inc ($109k), Berlin Airlift Historical Foundation ($109k) and Unaff ($109k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.7% of the total. Other salaries and wages came to $55k. At year end it held assets of $333k against liabilities of $6,434, net assets of $327k. It reported 5 employees.