Ducktown Basin Museum Inc

Analysis

Ducktown Basin Museum Inc is a registered charity in United States, based in Ducktown, TN. It received its IRS tax-exemption ruling in March 1979, 47 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, Ducktown Basin Museum Inc reported income of $91k and spending of $110k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $103k to $91k (-12%), an average of -12% a year. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ducktown Basin Museum Inc sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within TN. Charities of a similar size with the same main cause include Wythe County Genealogical and Historical Association ($91k), Community Players ($91k) and Amana Artists Guild ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 10% of the total. At year end it held assets of $79k against liabilities of $9,863, net assets of $69k.