The Muse Writers Center

Analysis

The Muse Writers Center is a registered charity in United States, based in Norfolk, VA. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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, The Muse Writers Center reported income of $505k and spending of $517k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $342k to $505k (+48%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Muse Writers Center sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within VA. Charities of a similar size with the same main cause include Cny Connect Ny Inc ($505k), Murrysville Community Library ($505k) and Heritage Christian School ($504k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $60k (12% of expenses). Other salaries and wages came to $287k. At year end it held assets of $276k against liabilities of $0, net assets of $276k. It reported 8 employees.