Museum & Gallery Inc

Analysis

Museum & Gallery Inc is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in June 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 May 2024, Museum & Gallery Inc reported income of $754k and spending of $453k, leaving 40% of income unspent that year. Across the 6 years on record, from May 2019 to May 2024, income fell from $1.1m to $754k (-33%), an average of -7.8% a year. The sharpest change came in the year to May 2021, when income rose by 134%. Over the whole period it spent 40% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Museum & Gallery Inc 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 80th percentile within SC. Charities of a similar size with the same main cause include Artists Reenvisioning Tomorrow ($754k), Muwekma Ohlone Tribe Inc ($754k) and Polish Heritage Alliance Inc ($754k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 59% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $64k (14% of expenses). It paid $90k in professional fundraising fees. At year end it held assets of $6.3m against liabilities of $155k, net assets of $6.2m. It reported 25 employees.