Museum of North Carolina Handicrafts Incorporated

Analysis

Museum of North Carolina Handicrafts Incorporated is a registered charity in United States, based in Waynesville, NC. It received its IRS tax-exemption ruling in March 1978, 48 years ago. 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, Museum of North Carolina Handicrafts Incorporated reported income of $112k and spending of $81k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $107k to $112k (+5.2%), an average of +5.2% a year. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Museum of North Carolina Handicrafts Incorporated sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within NC. Charities of a similar size with the same main cause include New Millenium Community Development Corporation ($112k), Meals on Wheels of Plant City Inc ($112k) and Father Dan Morales Endowment ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 11% of the total. At year end it held assets of $119k against liabilities of $4,927, net assets of $114k.