The Museum Association Inc

Analysis

The Museum Association Inc is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in July 1976, 50 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 December 2023, The Museum Association Inc reported income of $475k and spending of $508k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $407k to $475k (+17%), an average of +3.9% a year. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Museum Association Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within SC. Charities of a similar size with the same main cause include Metropolitan Waterworks Museum Inc ($475k), Sol-La Music Academy ($475k) and Hong Kong Dragon Boat Festival in New York Inc ($475k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $731k against liabilities of $0, net assets of $731k.