Mint Museum Auxiliary

Analysis

Mint Museum Auxiliary is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in February 1967, 59 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, Mint Museum Auxiliary reported income of $368k and spending of $313k, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $428k to $368k (-14%), an average of -3.7% a year. The sharpest change came in the year to June 2022, when income rose by 54%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mint Museum Auxiliary sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within NC. Charities of a similar size with the same main cause include Somervell History Foundation ($368k), Mankato Symphony Orchestra Association Inc ($368k) and Rochester Public Radio ($368k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 17% of the total. Other salaries and wages came to $7,200. At year end it held assets of $3.2m against liabilities of $2.8m, net assets of $391k.