Museum-Greenwood S C

Analysis

Museum-Greenwood S C is a registered charity in United States, based in Greenwood, SC. It received its IRS tax-exemption ruling in March 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 December 2022, Museum-Greenwood S C reported income of $382k and spending of $343k, spending 90% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $289k to $382k (+32%), an average of +9.7% a year. Over the whole period it spent 86% 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-Greenwood S C sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within SC. Charities of a similar size with the same main cause include American Legacy Theatre ($382k), Sonoma Arts Live ($382k) and Tupelo Press Inc ($382k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 82% and program service revenue 9.2% of the total. Compensation of current officers, directors and key employees was $54k (16% of expenses). Other salaries and wages came to $85k. At year end it held assets of $934k against liabilities of $5,212, net assets of $929k. It reported 8 employees.