Core Sound Waterfowl Museum

Analysis

Core Sound Waterfowl Museum is a registered charity in United States, based in Harkers Is, NC. It received its IRS tax-exemption ruling in September 1992, 34 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, Core Sound Waterfowl Museum reported income of $758k and spending of $891k, spending 118% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $845k to $758k (-10%), an average of -3.6% a year. The sharpest change came in the year to June 2023, when income dropped by 31%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Core Sound Waterfowl Museum sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within NC. Charities of a similar size with the same main cause include History Ink ($758k), Blood & Marrow Transplant Information Network ($758k) and Society of Professional Journalists Foundation ($757k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% and program service revenue 10% of the total. Other salaries and wages came to $359k. At year end it held assets of $4.8m against liabilities of $461k, net assets of $4.3m. It reported 12 employees.